Zinc prices surged above the $2,800 per ton threshold on Friday, buoyed by hopes of an early US interest rate cut following the Federal Reserve Chairman Powell’s speech. However, the sustainability of these gains remains uncertain, especially as the London Metal Exchange (LME) was closed for a bank holiday on Monday,…
Google Cloud has stepped into financial technology with the launch of its new blockchain platform, Google Cloud Universal Ledger (GCUL). The system, currently in private testing, is designed to speed up and reduce the cost of global payments, while aiming to challenge established players such as Ripple, Circle, and Stripe.…
Mitsubishi Corp announced Wednesday it will pull out of three Japanese offshore wind power projects, citing soaring costs, a move that undermines Japan’s energy security ambitions and its efforts to lessen reliance on imported fuel.In 2021, a Mitsubishi-led consortium secured the initial state auctions for three wind farms located in…
India’s crude oil imports are expected to drop to 4.3 million barrels per day (bpd) in August, a decrease of 300,000 bpd month-over-month, according to Vortexa. This decline aligns with typical seasonal trends, as August historically sees the lowest crude arrivals due to reduced domestic demand for gasoline and diesel during…
According to a Reuter’s report, Japan is on track to see record-breaking take-private deals this year, with transactions expected to exceed the $40.3 billion total logged in 2023. A mix of pressure from activist investors, governance reforms from the Tokyo Stock Exchange, and unprecedented private equity interest is fuelling a…
The markets felt pretty tense this morning as Dow Futures barely moved from yesterday’s close. The investors are holding their breath waiting for Nvidia to report its earnings and that makes sense since the numbers are expected shake up the whole market.The indices witnessed decent gains on Wednesday, but traders…
Canada is shepherding its defense sector into a new era of higher spending and strategic importance, a policy shift that RBC (TSX:RY,NYSE:RY) analysts have called one of the most ambitious in the country’s modern history. At the NATO summit this past June, Canadian Prime Minister Mark Carney pledged a two…
Tariffs have been central to Donald Trump’s presidency even before he assumed office at the start of 2025. From his perspective, levies on nearly all US imports are meant to balance a trade deficit with major partners, including Canada, Mexico, the EU and the UK, while stimulating domestic production in…
Greenvale Energy (GRV:AU) has announced Strong Start to Maiden Drill Program at Oasis Download the PDF here. This post appeared first on investingnews.com
Westport Fuel Systems Inc. (‘Westport’ or the ‘Company’) (TSX: WPRT Nasdaq: WPRT) today announced the resignation of its Chief Financial Officer (CFO), William Larkin and the appointment of Elizabeth Owens as his successor. Mr. Larkin will step down in his capacity as CFO effective immediately and remain in an advisory…