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April 10, 2025
Ireland will hold at least three additional offshore wind auctions before the end of the decade, said its marine minister on Thursday. He added that the country was unlikely to meet its goal of 80% electricity generation by renewable sources by 2030.
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April 9, 2025
Volkswagen has said that uncertainty over tariffs imposed by President Donald Trump in the United States was one of the reasons for its operating results falling to 2.8 billion euro ($3.07 billion), from 4.6 billion dollars, last year. The results…
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April 9, 2025
INEOS Britannia, the team backed up by INEOS Chief Jim Ratcliffe, announced on Wednesday that it had withdrawn from the race for the America's Cup due to a failure to reach a deal with Athena Racing of former skipper Ben Ainslie. INEOS announced…
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April 9, 2025
The European Union's counter-tariffs against U.S. products, which will be implemented next week, are expected to stop a large amount of U.S. grain from reaching Europe and increase costs for buyers who want to find alternative sources of feed grain.
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April 9, 2025
Two people familiar with the decision confirmed it on Wednesday. The purchase is a deterrent to rival China's growing naval presence in Indian Ocean. The people, who requested anonymity because they were not authorized to speak to media, said…
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April 2, 2025
The Wall Street Journal reported that Volkswagen would introduce an "import charge" on affected vehicles by the 25% tariffs levied by U.S. president Donald Trump. Reports citing an internal memo sent to retailers said that the German automaker had temporarily stopped rail shipments from Mexico…
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April 2, 2025
Maersk, the Danish shipping company, has seen a strong demand from the United States this year. It expects it to continue. However, President Donald Trump's proposed tariffs could cloud its outlook. Maersk published its regular global market forecast before Trump…
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April 2, 2025
The Federal Maritime Authority announced on Wednesday that wind farms near the German coast in northern Germany have been requested to install radar equipment to improve surveillance of drones and ships. The Russian invasion of Ukraine, which…
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April 1, 2025
Euronext wants to continue building on the record-breaking volumes of its main crop futures last year by attracting non-European participants like wheat importers from the Middle East. In an interview, Camille Beudin of Euronext, the head of diversified service and in charge of commodities…
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March 31, 2025
New Zealand, the three-time defending champions of the America's Cup will not be seeking to host the next edition. An Emirates Team New Zealand announcement on Monday cited a lack economic support from government. New Zealand won the 37th America's Cup last October in Barcelona…
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March 31, 2025
ArcelorMittal South Africa has announced that it will delay the closure of the long-steel plants in its loss-making state until August 31, after receiving a $191.50-million injection from the Industrial Development Corporation. After failing to receive concessions from the government on its demands…
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March 31, 2025
Norway's sovereign fund, which is the largest in the world, announced on Monday that it had acquired from RWE a 49 percent stake in two offshore turbine farms currently under construction in Denmark, Germany, and Sweden for 1.4 billion euro ($1.5 billion).
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March 31, 2025
Norway's wealth funds said Monday that it had acquired from RWE a 49% share in two offshore wind farm projects in construction in Denmark, Germany and Denmark for 1.4 billion euro ($1.52 billion), marking its first deal with the German firm.
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March 27, 2025
The benchmark wheat futures traded on Euronext on Thursday fell to their lowest level in seven months as concerns over short-term demand for exports this season were rekindled by a stronger euro and a sparse demand from abroad. Euronext's May…
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March 26, 2025
Euronext wheat recovered from a 2-week low on Wednesday as traders downplayed the immediate impact of an American-backed agreement on Black Sea shipping. Euronext was also boosted by the easing of the euro, as traders saw better export prospects for Western European Wheat, particularly in Morocco.
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March 26, 2025
The Russian state news agency TASS reported that a submarine of the Pacific Fleet of Russia conducted drills on the Sea of Japan. It launched cruise missiles against sea and coastal targets. "During an exercise scheduled, the diesel-electric…
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March 25, 2025
Delfin LNG, a German company and Securing Energy For Europe have signed an agreement to supply 1.5 million tons per year of U.S. Liquefied Natural Gas (LNG). The companies announced this on Tuesday. Delfin announced in a release that the floating…
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March 25, 2025
Euronext wheat prices fell on Tuesday after the U.S. announced an agreement with Russia and Ukraine that would protect maritime trade along the Black Sea. This could lead to increased competition for exports, traders reported. Euronext's May…
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March 25, 2025
Vattenfall, a Swedish energy utility, announced on Tuesday that it had made a final decision to invest in two wind farm projects located in the German North Sea. Nordlicht 1 and 2 are expected to be Germany's largest offshore wind farm. Vattenfall…
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March 25, 2025
Chicago wheat futures were almost flat on Tuesday, after a sharp drop in the previous session due to improved weather forecasts for key growing regions. Traders are monitoring ongoing Russia-Ukraine negotiations. By 1108 GMT, the most active…
