Mining giants like BHP are urging the Australian government to move forward with proposed changes to environmental laws. This comes after Prime Minister Anthony Albanese halted negotiations with the Greens party last week, reportedly due to concerns about backlash from powerful mining interests in Western Australia. In a bold statement,Geraldine Slattery,the head of BHP’s Australian … Read more
Prices of alumina, the main raw material for making aluminum, have risen this year due to supply interruptions in Guinea, Brazil and Australia. Reuters.- Rio Tinto has lifted force majeure measures imposed on third-party contracts for the export of alumina from its Gladstone, Australia, refineries, a company spokesperson said. Prices of alumina, the main raw … Read more
Just: Oil prices rose at Monday’s trade settlement, supported by geopolitical tensions in Europe. Brent crude futures contracts increased by around $2.26, equivalent to 3.2%, to reach $73.30 per barrel, registering the highest level in 6 sessions. US Nymex crude futures rose by $2.14, or 3.2%, to reach $69.16 a barrel in settlement. Investors are … Read more
Cairo – Live: Austrian Chancellor Karl Nehmer confirmed that the Russian company “Gazprom” has stopped the delivery of gas to the Austrian National Oil and Gas Company. “OMV” Starting today, Saturday. Nehmer said in his statements today: “I can promise citizens that no one will freeze in Austria due to the lack of gas, and … Read more
Just: The US stock indexes fell together at the end of trading on Friday, with the Nasdaq registering a loss of about 430 points. The Dow Jones industrial average fell 305 points, or about 0.7%, to the level of 43,444 points, achieving a weekly loss of 1.2%. The Standard & Poor’s 500 index fell 1.3%, … Read more
Just – European stocks settled today, Monday, and losses in technology stocks were offset by gains in stocks related to basic resources, while the focus remained on the US presidential elections.. The STOXX 600 index of European stocks settled at 510.89 points, with energy stocks rising 0.6%, and the sector was among the biggest winners … Read more
Live – Muhammad Shaker: UAE financial market indices rose at the end of this week’s trade, amid prospects that the Federal Reserve will cut interest rates by around a quarter point at the next monetary policy meeting of the US Central Bank on November 6 and 7.. According to data from the UAE financial markets, … Read more
Live: European stock indices closed trading on Tuesday in decline, with the International Monetary Fund warning of a slowdown in the German economy. The Stoxx 600 index ended trading down 0.5% at 517.9 points. France’s CAC 40 index fell slightly by 0.7%, losing around 50 points, at 7,507 points. The German DAX index closed down … Read more
Ken Turner had owned his farming property in South Australia‘s south east for less than a decade when he was told that elements under the soil were key to the country’s energy transition. His farm, along with a couple of other properties and forestry plantations, is part of an area spanning 20 square kilometres that … Read more
Dubai – Mubasher: The office real estate market in the Emirate of Dubai is witnessing strong levels of activity, driven by positive performance in the non-oil sector, which is leading to the creation of more new job opportunities and growth in registered commercial rents.. According to the UAE real estate market review report for the … Read more