Nearly 30% of US Gulf of Mexico oil output offline after storm
HOUSTON (Reuters) – Nearly 30% of U.S. Gulf of Mexico crude oil production and 41% of its natural gas production remained offline on Saturday following Hurricane Francine, the U.S. offshore…
Koloma Leads Geologic Hydrogen Push in Global Energy Shift
Geologic hydrogen is gaining momentum as the world searches for new clean energy solutions. Koloma, a Denver-based startup backed by Bill Gates and Jeff Bezos, is leading the charge in…
Brazil says it has nearly cleared gold miners from Amazon Yanomami reservation
By Amanda Perobelli and Anthony Boadle SURUCUCU, Brazil (Reuters) – Brazil has almost squashed the illegal gold rush that led thousands of wildcat miners into the Yanomami reservation in the…
Exclusive: After 11 Years at Trive (Formerly GKFX), Materla Returns as European Hub CEO
Finance Magnates has learned that Arkadius Materla, an experienced industry professional appointed Managing Director at Admirals earlier this year, has decided to step down from his current role. Materla is…
Will Fed rate cuts really be negative for USD/JPY?
Investing.com — The potential impact of U.S. Federal Reserve rate cuts on the USD/JPY pair is a critical issue for investors and currency strategists, particularly as we approach a possible…
Week In Review: Chaos at BDSwiss , IronFX Founder’s Prop Firm, US FX Deposits, and More
BDSwiss Faces Mass Staff Exodus and Withdrawal Issues, Blames “Restructuring” This week, we featured one of the top stories in the industry: mass layoffs and withdrawal issues at BDSwiss. Finance…
In Review: BDSwiss Staff Exodus, IronFX’s New Prop Firm, US FX Deposits, and More
BDSwiss Faces Mass Staff Exodus and Withdrawal Issues, Blames “Restructuring” This week, we featured one of the top stories in the industry: mass layoffs and withdrawal issues at BDSwiss. Finance…
Oil eases on resuming US output after storm, rising rig count
By Laila Kearney NEW YORK (Reuters) -Oil prices fell on Friday as U.S. Gulf of Mexico crude production resumed following Hurricane Francine and rising data showed a weekly rise in…
US dollar drops to near 9-month low versus yen amid talk of larger Fed rate cut
By Gertrude Chavez-Dreyfuss and Chibuike Oguh NEW YORK (Reuters) -The U.S. dollar fell on Friday to its lowest level in nearly nine months against the Japanese yen after media reports…
US locks in steep China tariff hikes, some industries warn of disruptions
By David Lawder (Reuters) -The Biden administration on Friday locked in steep tariff hikes on Chinese imports, including a 100% duty on electric vehicles, to strengthen protections for strategic domestic…
