Commodity producing and trading giant Glencore expects to post a profit of $3.3 billion in its marketing division for the first half of the year, as extreme market volatility...
Shell (SHEL:NYSE) more than doubled its second-quarter earnings from a year earlier, as higher oil and gas prices, record refinery utilization, and strong trading boosted profits to above analyst...
China’s Zijin Gold has abandoned its C$5.5 billion takeover of Allied Gold after the companies concluded that the remaining conditions could not be completed within a reasonable period. The...
The company said the first phase of construction includes upgrading the project’s access road and preparing the processing plant site, while work on the construction camp is nearing completion....
Moonshot AI secured a US$35 billion (RM143.13 billion) valuation after raising a larger-than-anticipated US$3.5 billion in a just-closed round of financing, riding the momentum from a breakthrough Kimi K3...
Tata Power, one of India’s biggest integrated power utilities, plans to build its first nuclear power plant by 2032 as the country opens the civil nuclear sector to private...
Saudi Aramco shut its 400,000-barrel-per-day Jazan refinery on July 27 after a Houthi attack damaged the facility, according to an IIR note seen by Reuters. IIR said the strike...
The UAE is still exporting liquefied natural gas, despite the threat of strikes in the Strait of Hormuz. According to a Bloomberg report, an ADNOC LNG tanker appeared in...
South Korean stocks plunged for a second straight session on Wednesday as Asia’s once-blazing AI rally morphed into a brutal market reckoning, wiping as much as $2.18 trillion from...
UBS booked a 17% jump in second-quarter profit on Wednesday, ahead of expectations, and said it plans to buy back shares worth $3 billion by the middle of next...