Us

United States

US Existing Home Sales Increase in October

U.S. existing home sales rose in October as prospective buyers capitalized on declining mortgage rates, despite ongoing challenges from elevated housing costs a…

Electric Vehicles

Magna to Produce China’s GAC Electric Vehicles in Europe

China’s Guangzhou Automobile Group (GAC) has reached an agreement with Magna to produce its all-electric AION V model at a Magna manufacturing plant in Gr…

Crude Oil

Venezuela Approves 15-Year Extension of Russia-Linked Oil Joint Ventures

Venezuela’s National Assembly approved a 15-year extension of the joint ventures between state-owned Petróleos de Venezuela S.A. (PDVSA) and a subs…

Armenia

Armenian Firm to Invest amd1.9bn in New Cement Plant

Dragsman Cement, an Armenian cement producer, has received government approval to invest AMD 1.9 billion (approximately US$5.0 million) in a new production line…

Electric Vehicles

Geely, Renault Kicks off Strategic Cooperation in Brazil

Geely Holding Group announced on November 19 that it has officially launched its joint venture with Renault in Brazil, named Renault Geely do Brasil. A ceremony…

Thailand

BASF Expands Alkyl Polyglucosides Production With New Plant in Thailand

BASF SE (Ludwigshafen, Germany) has commenced a major expansion of its Alkyl Polyglucosides (APG) production capacity with a new manufacturing facility at its B…

United States

Nutrien Selects US Site for Potash Terminal

Nutrien (NTR.TO), the world’s leading producer of potash fertilizer, announced on Wednesday that it is advancing plans to construct a new export terminal at Lo…

Metal

Trafigura’s Nyrstar Casts First Antimony at South Australia Plant

Nyrstar, the zinc and lead smelting subsidiary of Trafigura (NYR.BR), announced on Thursday that it has successfully commenced casting antimony metal at a new p…

Metal

Hindustan Zinc Secures Tungsten Mining Licence in Andhra Pradesh, India

Hindustan Zinc, part of the Vedanta Group, has been granted a tungsten mining license in the Indian state of Andhra Pradesh, marking a key step in its strategy …

Sweden

Skanska Aims for Higher Construction Profit Margins

Swedish construction company Skanska announced on Tuesday that it has raised its financial target for the operating margin of its construction division to a min…

United States

US Lifts Tariffs on Most Fertilizer Imports

On Tuesday, the White House announced that key nitrogen and phosphate fertilizers, along with other agricultural products, are exempt from U.S. import tariffs t…

Coal-Fired Power Plants

EU Approves $2 Billion Subsidy for German Coal Exit

On Tuesday, the European Commission approved a €1.75 billion (about US $2.03 billion) compensation payment from Germany to Lausitz Energie Kraftwerke AG (L…

United Kingdom

Exxon to Close Scottish Chemicals Plant in 2026 Amid Market Uncertainty

Exxon Mobil announced on Tuesday that it will close its Fife Ethylene Plant in Scotland in February 2026. The company said the site is no longer competitive bec…

Nuclear Reactor

US Loans Constellation $1 Billion for Three Mile Island Reactor Reboot

The Trump administration announced on Tuesday that it has provided a $1 billion loan to Constellation Energy Corp to restart its nuclear reactor at a Pennsylvan…

South Korea

South Korea Agrees to Join UAE’s Stargate AI Data Centre Project

South Korea announced on Tuesday that it will cooperate with the United Arab Emirates on the U.S.-supported Stargate project, which aims to build a large artifi…