Indices

Barrick executive switches sides to advise Mali president in gold dispute

DAKAR/TORONTO -A senior Barrick Mining executive who had been representing the company in tense negotiations with Mali's government has switched sides to become an adviser to Mali's president, a...

Klarna valued at nearly $20 billion as shares jump in NYSE debut

Klarna shares jumped 30% in their hotly anticipated New York debut, valuing the Swedish fintech at $19.65 billion, ending the company's years-long wait for a listing and underscoring a rebound in the...

Chinese goods redirected to Germany due to US tariffs, researchers say

Chinese goods shipped to Germany surged at more than twice the pace of total imports in the first seven months of the year as U.S. tariffs disrupted global trade flows, according to a study by the...

Exxon expects EU to sign long-term US gas deals, FT reports

ExxonMobil expects the European Union to sign multi-decade U.S. gas contracts under its pledge to buy billions of dollars of American energy, the Financial Times reported on Wednesday. ...

Exxon bullish on China's LNG demand, eyes new markets

Exxon Mobil expects strong growth in demand for liquefied natural gas in China, driven by transport and marine sectors, and sees rising opportunities in new markets across Asia Pacific, Africa and...

Instant View: Anglo, Teck forge $53 billion mining giant in bet on surging copper demand

London-listed Anglo American and Canada's Teck Resources will merge in a $53 billion deal, the companies said on Tuesday, the biggest mining tie-up in more than a decade. The new...

India, EU push to close gaps in trade talks as year-end deadline looms

India and the European Union are holding potentially decisive trade negotiations in New Delhi this week, seeking to resolve differences over agriculture, dairy and non-tariff barriers to meet an...

Permira, Blackstone take $525 million minority stake in Dubai's Property Finder

Permira and Blackstone Inc are acquiring a $525 million minority stake in Dubai-based classifieds firm Property Finder, according to a joint statement on Tuesday, in a sign of continued investor...

Stocks rise on rate cut bets, political upheaval unsettles currencies globally

A global index of stocks was higher on Monday while the dollar fell broadly - but gained against the yen - as investors grappled with political uncertainty in countries from Japan and Indonesia to...

BlackRock to open office in Kuwait, KUNA reports

DUBAI -BlackRock will open an office in Kuwait and has appointed Ali AlQadhi to lead operations in the country, Kuwaiti state news agency KUNA reported on Monday, as the world's largest asset manager...

Data center builder Fermi files for US IPO as new listings accelerate

Fermi, a Texas company co-founded by former U.S. Energy Secretary Rick Perry, on Monday filed for an initial public offering in the United States, as companies rush to tap investor enthusiasm for new...

Cybersecurity firm Netskope eyes up to $6.5 billion valuation in US IPO

Netskope is seeking a valuation of up to $6.5 billion in its initial public offering in the United States, the cloud-based cybersecurity firm said on Monday, signaling investors' appetite for new...

Canada pledges money, regulatory reform to boost biofuels

WINNIPEG, Manitoba -The Canadian government on Friday promised hundreds of millions of dollars and less onerous regulations to boost biofuels production, which the country's agriculture minister said...

China delays final ruling in canola dispute with top supplier Canada

BEIJING -China on Friday prolonged its probe into Canadian canola imports, buying six more months for negotiations that could ease a year-long trade dispute sparked by Ottawa's tariffs on Chinese...

Under pressure Argentine markets brace for key Milei midterm test

LONDON -Some of the world's top investment banks are backing Argentina's markets to bounce if fiery leader Javier Milei comes through key election tests which begin this weekend without too much...

Global equity fund inflows jump on rate cut expectations

Global equity funds drew their biggest weekly inflows in three weeks in the period to September 3, lifted by growing expectations of a Federal Reserve rate cut this month and a favorable antitrust...

Inflation data looms for markets as stocks hover near records

NEW YORK -A spate of inflation data confronts U.S. stock investors in the coming week as markets grapple with fresh uncertainty over tariffs and government bond yields, while equities hover at lofty...

TSX ends higher for seventh straight day as tech shares climb

Canada's main stock index rose to another record high on Thursday, as technology and financial shares notched gains ahead of U.S. and Canadian employment data that guide expectations for interest...

Tyson Foods says it has succession plans after executive's shock departure

CHICAGO -Tyson Foods sought to reassure investors that it has succession plans in place on Thursday, after announcing this week that an executive seen by some analysts as a possible future CEO left...