Global carbon removal market could reach $100 billion/yr from 2030-35, report says

By Susanna Twidale LONDON (Reuters) – The global market for carbon dioxide (CO2) removal credits could reach up to $100 billion a year between 2030 and 2035 from $2.7 billion…

US Dollar Doesn’t Count to Three. Forecast as of 27.06.2024

The political crisis in France is slowing down economies and contributing to capital flight from Europe. Capital is fleeing to North America, causing EURUSD quotes to fall. Let’s discuss this…

LME eyeing Hong Kong as a global warehouse location, says owner HKEX

By Mai Nguyen and Siyi Liu HONG KONG (Reuters) -The London Metal Exchange (LME) is exploring the possibility of listing Hong Kong as an LME warehouse location, the chief executive…

Battered yen mired near multi-decade low as intervention risks loom

By Rae Wee SINGAPORE (Reuters) -The yen languished near a 38-year low on Thursday and struggled on the weaker side of 160 per dollar, keeping markets on alert for any…

Haj deaths show challenge of shielding pilgrims from scorching climate

By Pesha Magid RIYADH (Reuters) – Hundreds of the pilgrims who died in fierce heat at this year’s haj were not officially registered with the Saudi authorities, with the result…

In race to regain rare earth glory, Europe falls short on mineral goals

By Eric Onstad LONDON (Reuters) – Four decades ago, a rare earth processing plant on France’s Atlantic coast was one of the largest in the world, churning out materials used…

Gold prices dip below $2,300, copper weak on China woes

Investing.com– Gold prices fell below key levels in Asian trade on Thursday, as traders remained biased towards the dollar and wary of metals before key inflation data that is likely…

Factbox-The complexity of transforming rare earths from mine to magnet

LONDON (Reuters) – The EU will struggle to meet ambitious goals for rare earths in new legislation designed to boost domestic output of critical minerals and reduce dependence on China.…

Factbox-Companies forging a rare earths industry in the EU

LONDON (Reuters) – In the rare earths sector, the EU will struggle to meet most of its ambitious goals in new legislation designed to boost domestic output of critical minerals…

Oil eases as stock build raises spectre of slower US demand

By Yuka Obayashi and Jeslyn Lerh SINGAPORE (Reuters) – Oil prices dipped on Thursday as a surprise build in U.S. stockpiles fuelled fears about slow demand from the world’s top…