Australia

BHP to close Australian nickel business as oversupply hits market

BHP to close Australian nickel business as oversupply hits market

BHP Group Ltd. to close its loss-making nickel business in Australia at least until early 2027, after a global glut of the metal wreaked havoc on the market. The company will put its Nickel West business on “care and maintenance” from October due to low prices for the metal used in electric vehicle batteries, said ...

Israel continues its offensive against Gaza after a deadly attack on a camp

Israel continues its offensive against Gaza after a deadly attack on a camp

Israeli forces stepped up their offensive in northern and central Gaza on Wednesday, hours after an airstrike targeted a tent camp in which, according to Palestinian authorities, more than twenty people died, and when negotiations to end the fighting were about to resume. Leaflets were dropped on Gaza Citythis time with a map indicating “safe ...

Spain's Treasury reduces yield on three- and nine-month bills

Spain’s Treasury reduces yield on three- and nine-month bills

Spain’s Treasury has reduced the interest rate on bills to a more than one-year low, now paying 3.29% for three-month bonds and 3.41% for nine-month bonds. It is the lowest return offered by the Treasury at three months since June of last year and It is more than forty basis points below the maximum of ...

Russia threatens the West with a severe response if its assets are confiscated

Ukraine will stop Vladimir Putin, Joe Biden tells NATO in forceful speech

US President Joe Biden vowed to firmly defend Ukraine from Russian invasion at a NATO summit in Washington on Tuesday, using the world stage to try to demonstrate to his domestic and international allies that he can still lead. Biden, 81, has endured 12 days of withering questions about his suitability for office, as some ...

Panama City - Raleigh-Durman, North Carolina, new Copa Airlines route

Panama City – Raleigh-Durman, North Carolina, new Copa Airlines route

Copa Airlines inaugurated a new route from Panama to Raleigh-Durman, the capital of North Carolina, United States, and the same return route. In this way, the subsidiary airline of Copa Holdings completes 16 cities in which it reaches the United States, and the first in this state. This route operates with two flights, CM466 and ...

Lula gave support to Petrobras' attempt to explore the Equatorial Margin on the high seas

Brazil can help Bolivia to exploit gas and minerals to generate development

President Luiz Inacio Lula da Silva said on Monday that Brazil can help Bolivia in the exploration of natural gas and critical minerals to generate development in the country. Lula made the comments in Asuncion, where he participated in the Mercosur summit. “We need to discuss how to exploit (…) critical minerals in Bolivia. How ...

Delivery Hero faces US$434 million antitrust fine

Delivery Hero faces US$434 million antitrust fine

Delivery Hero SE could be fined more than US$434 million by the European Commission for alleged anti-competitive behavior and will increase the provision it has set aside for this possibility, the food ordering service company said in a statement on Sunday. The company said its decision to “significantly increase” a corresponding provision already made in ...

Brazil says G20 agrees to avoid sensitive issues in preparatory meetings

Brazil says G20 agrees to avoid sensitive issues in preparatory meetings

G20 diplomats agreed to avoid sensitive geopolitical issues during their ministerial meetings to prepare for a summit of the world’s largest economies in November, the sherpa of host country Brazil said Friday. The meetings until October will avoid geopolitical debates in order to advance agreements on issues such as eClimate change, reducing world hunger, trade ...

Latin America has the fewest venture capital operations in the first half of the year

Latin America has the fewest venture capital operations in the first half of the year

PitchBook’s latest Venture Monitor report shows that during the first six months of the year, Latin America was the region with the fewest venture capital transactions (323) compared to North America (excluding Mexico), which totaled 6,971; Asia (4,596) and Europe (4,073); andIn the rest of the world, 810 operations were carried out. In terms of ...