Analysis: Indices

Congo coffee farmers fear war will undo recent gains

In the lush highlands of eastern Democratic Republic of Congo, coffee crops are rotting and withering as an escalation in the decades-long conflict in the region has kept farmers from tending to...

Exclusive-In Australia, a data centre boom is built on vague water plans

SYDNEY -Authorities in Sydney approved construction of data centres without requiring measurable plans to cut water use, raising concerns the sector's rapid growth will leave residents competing for...

India, EU trade talks enter crucial phase, aiming to seal deal by year end

NEW DELHI -Trade talks between India and the European Union have entered a crucial phase and negotiators are working intensively to meet a year-end deadline for signing the free trade pact, a top...

Industrial group Air Liquide explores sale of biomethane assets, sources say

LONDON -Industrial gases giant Air Liquide is exploring the sale of its biomethane assets, according to three sources with knowledge of the plan, as the French group focuses on its core business of...

Canada had constructive talks with China over canola dispute, Ottawa says

OTTAWA -Canadian officials had constructive talks with their Chinese counterparts about Beijing's duties on canola during a recent visit, Prime Minister Mark Carney's office said in a statement on...

Global equity funds record first weekly outflow in five weeks

Global equity funds registered their first weekly outflow in five weeks through September 10 as investors locked in profits and trimmed their risk exposure. Major equity markets hit...

Eni CEO, US delegation meet to bolster energy ties

Eni's Chief Executive Claudio Descalzi met the U.S. energy and interior secretaries on Friday as Washington pushes to seal energy supply deals that it hopes will strengthen its influence in the...

Global stocks edge up with dollar, bond yields as Fed rate cuts loom 

MSCI's global equities index edged higher on Friday, after registering a record close in the prior session, while U.S. Treasury yields rebounded after sliding the day before when expectations climbed...

In Europe, "peripheral" countries are leading the rally

This seemed impossible a few years ago. And yet Portugal, Spain, Greece, and soon Italy are borrowing at lower rates than France. The same dynamic is at work in the equity markets: the PIGS are...

India poised to export sugar in new season due to ample stocks

NEW DELHI -India, the world's second biggest sugar producer, will have sufficient surplus stocks of the commodity to allow exports in the season beginning October 1, a senior government official said...

Petronas delivers first local sustainable aviation fuel to Malaysia Airlines

KUALA LUMPUR -Malaysia's state energy firm Petroliam Nasional Berhad, or Petronas, said on Friday it had delivered the country's first locally-blended sustainable aviation fuel for Malaysia Aviation...

Blackstone-backed Legence raises $728 million in US IPO

Engineering and maintenance services provider Legence raised $728 million in its U.S. initial public offering on Thursday, adding its name to the string of companies looking to go public amid...

Canada names gas plant, port, mines as major projects to be sped up

OTTAWA -Canada named five major projects on Thursday it said would be eligible for fast-track approvals as part of a campaign to diversify the economy and reduce reliance on the United States as...

Blockchain lender Figure valued at $7.6 billion as shares jump in Nasdaq debut

Figure Technology was valued at $7.62 billion after its shares jumped 44% in their Nasdaq debut on Thursday, adding to a run of strong first-day performances by crypto-linked firms as the...

French economy to grow 0.8% in 2025 as key sectors rebound, INSEE says

PARIS -France's economy will grow marginally faster than previously expected this year as rebounds in the aeronautics industry, tourism, real estate and agriculture offset weak consumer spending and...

Instant View: US consumer prices rise more than expected, but a rate cut still coming

U.S. consumer prices rose more than expected in August while the annual increase in inflation was the largest in seven months, although the numbers will not prevent an interest rate cut from the...

Namibia to boost sulphuric acid production as critical mineral output rises

WINDHOEK -Namibia is set to increase its sulphuric acid production in response to rising critical mineral output, with Green Metals Refining and Vedanta announcing plans on Thursday to set up and...

OPEC sticks to oil demand forecasts, says economy doing well

LONDON -OPEC made no changes on Thursday to its relatively high global oil demand growth forecasts for this year and next, and said the world economy was maintaining a solid growth trend in the...

Swiss add lustre to Trump trade deal with gold refining plan, sources say

ZURICH -Switzerland is proposing that its gold industry builds a refinery in the United States or increases its processing capacity there as part of a plan to reduce U.S. trade tariffs, according to...