Saudi Arabia has identified an estimated 110 million tonnes of ore containing promising uranium concentrations and high levels of rare-earth minerals in the Madinah region. Announced by Energy Minister Prince Abdulaziz bin Salman during the International Atomic Energy Agency’s General...
Saudi Arabia has opened another outlet for its crude oil as attacks on the kingdom’s East–West Pipeline disrupt shipments through the Red Sea. Saudi Aramco is offering additional cargoes to Asian refiners through ship-to-ship transfers off Sohar, Oman, providing the...
Italy is again looking toward some of its most profitable industries as the government searches for money to finance its 2027 budget. Banks, insurers and energy companies are emerging as potential sources of additional revenue, but the coalition has yet...
Canada and the European Union are considering an economic and security partnership that could extend well beyond their existing free-trade relationship. Canadian Prime Minister Mark Carney has called for a “unique alliance” with Europe, while European Commission President Ursula von...
The United Arab Emirates is moving digital assets closer to the centre of global finance. Standard Chartered has launched deliverable Bitcoin and Ether spot trading for eligible institutional clients through its Dubai International Financial Centre branch, becoming the first global...
Anglo American and Teck Resources have spent the past year assembling one of the mining industry’s most consequential combinations. Shareholders have approved the all-share merger, Canada has secured investment commitments, and competition authorities across Australia, Chile, the European Union, Japan,...
OPEC+ heads into a closely watched virtual meeting on Sunday, September 6, with the oil market in a very different position from the one that drove the producer group to steadily restore supply earlier this year. The seven countries participating...
The US dollar is being pulled by two powerful forces. On one side, American interest rates remain substantially higher than those in several other major economies, rewarding investors for holding dollar-denominated cash and short-term debt. On the other, widening federal...
Europe’s VAT in the Digital Age package has moved from policy debate into implementation. Adopted in March 2025 and in force since April 2025, ViDA will be introduced in stages through 2035. Its stated purpose is to modernize VAT collection,...
Electricity has traditionally been the most time-sensitive commodity in the world. Power generated at noon had to be consumed at noon, while evening demand had to be met by whatever plants were available at that moment—often higher-cost natural gas generators....
