Global bond sell-off intensifies, as UK long-term borrowing costs pass 6%just now
Global bond markets face turmoil with UK 30-year yields hitting 28-year highs, driven by US deficit fears and persistent oil price inflation concerns.
Global bond markets face turmoil with UK 30-year yields hitting 28-year highs, driven by US deficit fears and persistent oil price inflation concerns.
Arkema SA announced a €10 million investment to expand its global battery center of excellence in France. The project aims to modernize R&D infrastructure and accelerate the development of advanced materials for current and next-generation batteries.
President Trump announced a $54 billion Alaska natural gas project with potential South Korean investment, though commercial viability assessments are pending. The initiative serves as part of broader campaign efforts to support Republican Senate candidates ahead of midterms.
GSFC invites joint venture partners to develop a 500,000 metric ton per year green ammonia plant at its Sikka unit, targeting commissioning by December 2030. The project leverages India's renewable energy base to serve global export markets.
Sycamore Partners is reportedly selling Boots to Canada’s Weston family for $9bn, marking a return to the UK high street. The deal follows failed talks with Sigma Healthcare and highlights strong profits driven by weight loss jabs and beauty products.
Lynas Rare Earths agreed to acquire Meteoric Resources for A$968 million, securing the Caldeira rare earth project in Brazil. This acquisition diversifies Lynas' resource base outside China and adds significant neodymium and praseodymium oxide capacity.
Air Liquide plans to invest over €170 million to build production units supplying ultra-high-purity gases to a major semiconductor manufacturer in Japan. The project ensures reliable delivery of nitrogen, oxygen, argon, and hydrogen for advanced chip production.
Jefferies maintained a Buy rating for Linde with a USD 560 price target following strong Q2 2026 earnings of USD 9.289 billion and a USD 1.60 dividend declaration.
Pan American Energy plans a $1.2 billion investment in its Cerro Dragon oil field in Argentina to offset natural production decline, according to Economy Minister Luis Caputo.
Canadian Prime Minister Mark Carney announced plans to fast-track the Pacific Link oil pipeline as a national interest project, targeting completion by September 2027. The initiative aims to diversify exports away from the U.S., potentially generating over C$20 billion annually in GDP.
PepsiCo and Monster Beverage sued India's food regulator over a ban on the 'energy drink' label, citing grave commercial consequences. The move escalates a regulatory crackdown on high-caffeine beverages amid growing global health concerns.
Bank of America acquired 313,790 shares of Orion Engineered Carbons worth $2.08 million in Q2. Despite higher revenue, Orion missed earnings estimates, leading to a stock decline and a "Strong Sell" analyst consensus.
EU governments spent €17.9 billion in 2026 subsidizing high oil and gas prices, prompting the Commission to urge targeted fiscal measures for decarbonization. Economic forecasts were adjusted alongside warnings of increased borrowing costs and potential ECB rate hikes.
Facing record-high fuel prices driven by geopolitical conflicts, President Trump considers options like export curbs and tax suspensions to ease voter pressure before the midterms. Experts warn these measures may have limited impact given constrained domestic production and global market dynamics.
Gold prices remain resilient above $4,000 per ounce due to structural demand from central banks and geopolitical hedging, defying high US Treasury yields.
US manufacturing activity held steady in September with the PMI at 54.5, while input prices surged to 77.9 due to strong demand and high energy costs, indicating sustained inflation pressures.
Australia forecasts a 5% rise in resource and energy export revenue to A$422 billion, driven by high prices for oil, LNG, and minerals amid global supply disruptions. Gains in LNG, copper, and lithium offset iron ore declines as demand remains resilient.
Peru's annual inflation rose to 4.55% in September, driven by higher fuel prices and weather anomalies impacting agriculture and mining. The central bank may raise interest rates as El Niño threatens key export commodities like metals, fruits, and fishmeal.
European Union defense spending surged 75% since 2021, bolstering fuel demand amid a shrinking refining sector, according to VAROPreem CEO Dev Sanyal. Rising diesel prices reflect geopolitical tensions as governments prioritize energy resilience over previous closure trends.
The EU Commission warns of surging Chinese imports in sectors like chemicals and basic metals, citing a €360 billion trade deficit. This trend has triggered increased trade defense investigations, with over a third targeting the chemicals sector.