Indices

Petronas, Enilive, Euglena start construction of new biorefinery in Malaysia

A joint venture between Malaysia's Petronas, Italy's Eni biofuel unit Enilive and Japan's Euglena said on Monday it started building a new biorefinery in Malaysia to produce sustainable fuels for the...

Vodacom profit surges 33% as Africa-wide growth offsets weak home market

JOHANNESBURG -South African mobile telecoms operator Vodacom Group reported a near 33% jump in first half profit on Monday as growth from its businesses on the continent offset a decline in its home...

Indian eyewear retailer Lenskart makes muted trading debut, valued at $7.7 billion

Lenskart Solutions made a muted trading debut on Monday as stretched valuations clouded the outlook for shares of India's largest eyewear retailer. The stock was at 392.3 rupees as of...

Japan's stimulus plan to urge BOJ focus on boosting growth, draft outline shows

TOKYO -Japan's government will urge the central bank to focus on achieving strong economic growth accompanied by stable prices in an outline of its stimulus package, a draft of the outline seen by...

Japan to seek boosting investment with upcoming economic stimulus, Nikkei says

TOKYO -Japan's economic stimulus package is set to include tax cuts to spur investment focused around 17 key industries, including AI and semiconductors, and multi-year budget allocations to make...

US Army to buy 1 million drones, in major acquisition ramp-up

WASHINGTON -The U.S. Army aims to buy at least a million drones in the next two to three years and could acquire anywhere from a half million drones to millions of them annually in the years that...

TSX opens lower as AI rally wobbles, employment data parsed

Canada's main stock index opened lower on Friday, as investors digested local economic data and weighed the durability of the rally led by artificial intelligence stocks. At 9:31 a.m....

Ukraine boosts imports of U.S. LNG for heating season

Ukrainian state oil & gas firm Naftogaz said on Friday it was increasing imports of United States liquefied natural gas through Polish firm Orlen and American partners to ensure a stable heating...

Milan Stock Exchange Down Amid Tech Fears; MPS Shines After Quarterly Results, Luxury Sector Strong

The session continues in negative territory at Piazza Affari, weighed down by a slew of quarterly reports--mainly from banks today--which have failed to support the stock market despite a positive...

Japan to temporarily hike fuel subsidies to smooth tax cut impact

TOKYO -Japan's industry ministry said on Friday it will temporarily raise gasoline and diesel subsidies from next week in an attempt to smooth the impact of planned tax cuts on the fuels. ...

France's 2025 wine output forecast at historic lows for second year

PARIS -France's farm ministry on Friday raised its projection for this year's wine output to 36.2 million hectolitres, which makes it unchanged from last year's historically low output, as a summer...

India discounts widen as demand slackens post-festivals; China activity cools

Physical gold demand in India remained subdued this week as volatile prices deterred buyers from making purchases and prompted dealers to offer steep discounts to lure them, while demand cooled in...

Milan Stock Exchange Opens Higher, Banks Lead Gains After Earnings, MPS Surges, Luxury Sector Strong

The trading day began with a cautious uptick at Piazza Affari, buoyed by the latest round of quarterly earnings, predominantly from banks, which are currently supporting the equity market. On a...

Botswana and Angola hold talks as both seek control of De Beers

GABORONE -The mining ministers of Botswana and Angola held talks in Botswana's capital on Friday on cooperation in the diamond sector, as the two Southern African countries seek to take control of...

South Africa's TFG to cut costs as profit slumps on weak demand

JOHANNESBURG -South Africa's TFG said on Friday it will tighten costs and close underperforming stores after erratic monthly sales and soft winter demand led to a 21.3% half-year earnings fall. ...

Japan to step up LNG purchases for emergency reserve from January, industry ministry sources say

TOKYO -Japan, the world's No.2 LNG importer, plans to buy liquefied natural gas for emergency reserves on a monthly basis from January, instead of buying only during peak demand periods, to guard...

Maynilad Water shares debut steady after $590 million Philippine IPO

MANILA/SINGAPORE -Shares of Maynilad Water Services were little changed in their Philippine debut on Friday after the utility raised 34.3 billion pesos in the country's largest listing since 2021. ...

LNG Canada begins production at second unit, company says

CALGARY -LNG Canada has started production of liquefied natural gas at the second of its two processing units, known as Train 2, the company said. Both trains at the Shell-led project...

BillionToOne valued at $4.4 billion as shares surge in blockbuster Nasdaq debut

BillionToOne was valued at $4.4 billion on Thursday, after the molecular diagnostics firm's shares jumped 66.67% in their Nasdaq debut on Thursday, becoming the latest company to tap U.S. bourses...