Indices

India's Vedanta to keep coal as base energy source amid clean energy push

Indian mining and metals conglomerate Vedanta Ltd will continue to rely on coal as its primary energy source for mining operations, while aiming to increase the share of renewable sources in its...

South Africa grants long-term leases to oil majors at key Durban fuel hub

South Africa has granted oil majors and traders, including BP and Vitol, extended access at its main petrochemical hub, ending years of wrangling over short-term leases that threatened investment and...

IBEX 35 Loses Momentum in Transitional Session Ahead of Fed Meeting

Profit-taking halted the recent upward trend of Spain's IBEX 35 index at the opening on Tuesday, marking a transitional session as markets await decisions from the U.S. Federal Reserve on...

Continental Spin-Off Aumovio Joins DAX for One Day on Thursday

Germany's benchmark DAX index will, for one day only, comprise 41 companies instead of the usual 40 this Thursday. Frankfurt-based automotive supplier Aumovio, which is being spun off from tire giant...

India equity benchmarks open higher on hopes of easing trade woes

India's stock benchmarks opened marginally higher on Tuesday, buoyed by optimism over progress in U.S. trade negotiations with China and India ahead of the Federal Reserve's rate decision. ...

Nasdaq supports reforms to reduce burden on public companies, CEO Friedman says

Nasdaq CEO Adena Friedman on Monday advocated to provide public companies the option to report either quarterly or semi-annually, as the exchange operator reinforces its support for reforms to reduce...

Trump renews calls for ending quarterly reports for companies

U.S. companies should be allowed to report earnings every six months instead of on a quarterly basis, President Donald Trump said on Monday, announcing what could prove to be a major shift for...

Canada July factory sales up 2.5% on autos, petroleum

Canadian factory sales grew by 2.5% in July from June on higher sales of motor vehicles, as well as petroleum and coal products, Statistics Canada said on Monday. Excluding motor...

DAX Investors Cautious Ahead of Fed Week - Rheinmetall in Demand

Boosted by Rheinmetall, the DAX started the new week with modest gains. Germany's leading index rose by 0.3 percent to 23,773 points at the start of trading on Monday. The DAX continues to lag behind...

India's August palm oil imports hit 1-year high on festive demand, price advantage

MUMBAI -India's palm oil imports jumped in August to their highest level in more than a year, as competitive pricing relative to soyoil prompted refiners to step up purchases ahead of the festive...

Sub-Saharan Africa's major economies hit by high finance costs, Moody's says

NAIROBI -Borrowing costs for governments and businesses in South Africa, Nigeria and Kenya have risen in the last five years due to policy weaknesses, unfavourable market conditions and inflation,...

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...

World's Largest Prosthetics Manufacturer Ottobock Plans Frankfurt Stock Market Debut

The world's leading prosthetics manufacturer, Ottobock, has officially announced its intention to go public on the Frankfurt Stock Exchange this autumn. The family-owned company, based in Duderstadt,...

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...

Milan Stock Exchange Edges Lower as Market Awaits Fed Rate Cuts; Avio and Ferragamo Slide

A muted session unfolded at Piazza Affari, with indices consolidating their positions ahead of the weekend break. The main event today is Fitch's decision on France's sovereign rating, expected this...