Analysis: Indices

BlackRock to open office in Kuwait, KUNA reports

DUBAI -BlackRock will open an office in Kuwait and has appointed Ali AlQadhi to lead operations in the country, Kuwaiti state news agency KUNA reported on Monday, as the world's largest asset manager...

Italy, US agree to boost LNG ties and infrastructure investment

ROME -Italy and the United States on Monday vowed to deepen energy ties including through increased exports to Italy of liquefied natural gas , as Europe continues to seek alternatives to Russian...

Data center builder Fermi files for US IPO as new listings accelerate

Fermi, a Texas company co-founded by former U.S. Energy Secretary Rick Perry, on Monday filed for an initial public offering in the United States, as companies rush to tap investor enthusiasm for new...

Cybersecurity firm Netskope eyes up to $6.5 billion valuation in US IPO

Netskope is seeking a valuation of up to $6.5 billion in its initial public offering in the United States, the cloud-based cybersecurity firm said on Monday, signaling investors' appetite for new...

India likely to finalise Qatar trade pact framework in October as Trump tariffs bite

NEW DELHI -India is likely to finalise the terms of reference for a proposed free trade agreement with Qatar in early October, a government source said on Monday, as it pushes to forge deeper global...

Germany extends trusteeship of Rosneft assets to March

BERLIN -The German government has extended its trusteeship over the German assets of Russian oil producer Rosneft until March 10 next year, the economy ministry in Berlin said on Monday. ...

China's Leapmotor launches EV hatchback at Munich car show, boosting European lineup

MUNICH -Leapmotor unveiled the B05, a new hatchback model, at the Munich car show on Monday, adding another product to the Chinese EV maker's lineup in Europe as competition heats up for affordable...

China's August exports to Russia post biggest fall in six months

BEIJING -China's yuan-denominated exports to Russia in August saw their biggest drop since February, while imports fell by double digits in percentage terms after climbing in July, Chinese customs...

India's stock benchmarks open higher on GST cuts, US rate cut hopes

India's equity benchmarks opened higher on Monday after dismal U.S. labour data increased expectations of a Federal Reserve rate cut, while the Indian government's tax cuts also buoyed sentiment. ...

China August rare earth exports fall 3.4% on month

BEIJING -China's rare earth exports in August fell 3.4% from July, customs data showed on Monday. The world's largest producer of rare earths last month exported 5,792 metric tons of a...

Russia is fully compliant with OPEC+ commitments, Novak says

MOSCOW -Russia is fully compliant with its OPEC+ commitments, Russian Deputy Prime Minister Alexander Novak said on Sunday. Eight OPEC+ members agreed to raise oil production by 137,000...

Gas storage levels in Italy and Europe are good, Italian minister says

CERNOBBIO, Italy -Gas storage levels in Europe are good, Italian Energy Minister Gilberto Pichetto Fratin said on Saturday, adding that his own country was close to the 90% target set by the European...

Canada pledges money, regulatory reform to boost biofuels

WINNIPEG, Manitoba -The Canadian government on Friday promised hundreds of millions of dollars and less onerous regulations to boost biofuels production, which the country's agriculture minister said...

China delays final ruling in canola dispute with top supplier Canada

BEIJING -China on Friday prolonged its probe into Canadian canola imports, buying six more months for negotiations that could ease a year-long trade dispute sparked by Ottawa's tariffs on Chinese...

Under pressure Argentine markets brace for key Milei midterm test

LONDON -Some of the world's top investment banks are backing Argentina's markets to bounce if fiery leader Javier Milei comes through key election tests which begin this weekend without too much...

S.Africa's electricity regulator backs ArcelorMittal's bid for discounted tariffs

ArcelorMittal South Africa meets the criteria for discounted electricity tariffs in terms of set rules, the country's energy regulator said on Friday, backing a plea by the loss-making steelmaker. ...

White House review of biofuel waiver plan pits farmers against refiners

The White House is reviewing a high-stakes rule that could reshape the balance of interests between oil refiners and farmers by determining how - or even whether - to redistribute huge volumes of...

South Africa's Eskom expects no power cuts over summer

JOHANNESBURG -South African state utility Eskom said on Friday it expects no power cuts over the southern hemisphere summer months, barring a rise in breakdowns at its facilities. ...

Global equity fund inflows jump on rate cut expectations

Global equity funds drew their biggest weekly inflows in three weeks in the period to September 3, lifted by growing expectations of a Federal Reserve rate cut this month and a favorable antitrust...