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Lumina Metals, Shareholder Seek $251 Million in Toronto IPO
Lumina Metals Corp. and one of its shareholders are seeking to raise C$343.7 million ($251 million) in an initial public offering in Toronto, building on a modest recovery in Canadian market debuts.
ECB’s Lagarde Says Risks to Inflation Outlook Tilted to Upside
European Central Bank President Christine Lagarde said dangers to the region’s price outlook are skewed to the upside as officials continue to assess the economic damage being wrought by the Iran conflict.
Chinese trucks could go 100% electric, halving road transport oil use: industry
Industry estimates suggest that heavy-duty cargo traffic in China is on track to become nearly 100 per cent electric, a transition that could halve the country’s road transport oil consumption. Speaking at a forum on intelligent electric vehicle development in Beijing on April 11, Liang Linhe, chairman of Sany Truck – a subsidiary of the Changsha-headquartered multinational Sany Group – said China’s heavy truck sector could eventually be almost entirely electrified, although he did not put a...
1st Loaded Iranian Oil Tankers Leave Through Hormuz Since US Blockade
The Deep Sea, Sonia I and Diona, all under US sanctions, passed the strategic strait on Wednesday after leaving Iran's Kharg Island, having loaded on April 2, 8 and 9 respectively.
عباس عراقچی: پس از آتشبس در لبنان، تردد کشتیهای تجاری در تنگه هرمز کاملا آزاد است
عباس عراقچی، وزیر خارجه جمهوری اسلامی، در شبکه ایکس نوشت: «در پی اعلام آتشبس در لبنان، عبور و مرور تمامی کشتیهای تجاری از طریق تنگه هرمز برای باقیمانده دوره آتشبس بهطور کامل آزاد اعلام میشود.»
Russia ranks 4th in EU gas import value share in February
The United States ranked first with its LNG supplies, accounting for 30.5% and 1.8 bln euro
U.S. Midterm Inflation Tops Price Increases In Western Europe
Yet another inflation shock is knocking at the door amid the war in Iran. OECD data shows that U.S. inflation is already higher than that of Western European peers.
MOL CEO to discuss Druzhba oil supplies in Russia — Magyar
The leader of Hungary’s Tisza party held consultations with Zsolt Hernadi on April 16 as regards energy security, oil supplies to Hungary
Indian refiners paying for Iranian oil in yuan – Reuters
The transactions have reportedly been routed through a private bank’s Shanghai office ahead of the expiry of the US waiver Indian refiners are making payments for Iranian oil in yuan, after a temporary sanctions-waiver by the US enabled New Delhi to buy crude from the Middle Eastern country, Reuters reported. The US issued the one-month waiver on March 20, which Washington says will not be extended. Payment for the Iranian cargoes is a complicated issue due to the US sanctions...
Russian Cabinet eyes extension of fertilizer quotas — deputy PM
Mineral fertilizer prices in the domestic market remain stable, Dmitry Patrushev noted
Bank of Russia sells yuan worth $60 mln with settlements on April 16
The Central Bank also sold yuan on the domestic market in the amount of 4.6 bln rubles with settlements on April 15
Muravyov-Amursky 2030 program's almost 150 graduates employed in Far East — minister
Alexey Chekunov said the competition is 160 applications per one place
Thousands of Lebanese head home despite warnings
Thousands defy warnings and head south after deal that could bolster efforts to end US-Israeli war against Iran
'Woman-Leader. North and Far East' training course begins at Senezh
The training's result would be the launch of team project initiatives in areas like memory policy, regional identity, healthcare, creative industries, tourism and hospitality
Rep. Hill Says Time to Move on From Powell Case and Confirm Warsh
Rep. French Hill, a Republican from Arkansas, discusses the upcoming confirmation process for Kevin Warsh, President Donald Trump’s nominee for Federal Reserve Chair. (Source: Bloomberg)
Hong Kong eyes HK$220 million private investment for national innovation centre
Hong Kong authorities will seek half of the HK$440 million (US$56.2 million) investment for a planned national innovation centre in Yuen Long from the private sector, while setting performance benchmarks that an analyst has called ambitious. The target was announced after Financial Secretary Paul Chan Mo-po revealed the plan in his latest budget in February, which earmarked funds to establish the first national manufacturing innovation centre outside mainland China as part of efforts to...
Fresh arrest for IPL ticket black marketing in Bengaluru; racket exploiting corporate quota loophole
Investigations indicate that while M-ticketing has reduced over-the-counter and individual-level ticket resale of matches at the Chinnaswamy Stadium, it has not fully plugged all diversion routes.
RusHydro plans $5.12 bln in investment for 2026
Under this program, additional capacity of 530.6 MW and 1,425.6 Gcal/h is scheduled to be commissioned in 2026
EQT Warns of Exit Risks for Alternative Energy Assets Held by PE
EQT AB, Europe’s biggest private equity firm, says the path to exiting investments in clean-energy developers and operators faces a growing number of hurdles.
Six vessels cross Strait of Hormuz on April 16
Three vessels passed through the Strait of Hormuz towards the Persian Gulf and the same amount towards the Gulf of Oman