China proposes further export curbs on battery, critical minerals tech

BEIJING (Reuters) – China’s commerce ministry has proposed export restrictions on some technology used to make battery components and process critical minerals lithium and gallium, a document issued on Thursday…

Equinor secures $3 billion financing for U.S. Empire Wind 1 project

COPENHAGEN (Reuters) – Norway’s Equinor said on Thursday it had secured a financing package of more than $3 billion for its Empire Wind 1 offshore wind power project in the…

Oil prices rise on Chinese optimism, falling US stockpiles

Investing.com– Oil prices rose Thursday at the start of the new year on optimism over China’s economic growth as well as data showing that US oil inventories declined last week.…

Best Brokers in UAE

The United Arab Emirates (UAE) has increasingly grown to become a crucial hub for a wide range of retail trading in the Middle East. This includes investors looking to trade…

Morning Bid: The first trading day of the year, be wary

A look at the day ahead in U.S. and global markets from Dhara Ranasinghe. Don’t be fooled by what might prove to be a positive start to the new year,…

Oil prices rise on China optimism as investors return after holiday

By Florence Tan SINGAPORE (Reuters) – Oil prices nudged higher on Thursday, the first day of trade for 2025, as investors returning from holidays cautiously eyed China’s economy and fuel…

Dollar trades higher on underlying strength in 2025

Investing.com – The US dollar edged lower Thursday as traders eased into the new year, but the greenback remained near the two-year high seen earlier in the week and was…

Dollar slips lower, but retains underlying strength in 2025

Investing.com – The US dollar edged lower Thursday as traders eased into the new year, but the greenback remained near the two-year high seen earlier in the week and was…

UK factories report sharpest contraction in nearly a year, PMI shows

LONDON (Reuters) – British factory activity shrank at the fastest pace in 11 months in December and manufacturers cut staffing levels due to higher taxes and weak foreign demand, a…

2 Days to 10 Seconds: Cyprus to Make Online Transfers Instant

Cyprus is making a significant change in its banking infrastructure, as interbank and cross-border transactions will be completed in just 10 seconds from 9 January 2025, a process that currently…