The agreements include Shell's participation in Venezuela's 7 Tcf Loran offshore gas field, advancing previously signed preliminary deals. Shell and Venezuela’s government finalized five agreements to develop oil and gas projects, including Shell’s involvement in the 7 tri
The exchange rolls out round-the-clock access for smaller contracts amid 300% growth in micro WTI volumes year-on-year. CME Group will introduce 24/7 trading for 10-Barrel WTI crude oil futures on August 30 and extend it to 1-Ounce gold futures from July 26, pending regula
The European Central Bank raises interest rates for the first time since 2023, boosting the euro against the dollar. The European Central Bank’s first interest rate hike since 2023 sent the EUR/USD pair to 1.1575 during early Asian trading on Friday. The move reflects the
The European Central Bank increased key interest rates by 25 basis points amid Middle East tensions driving energy costs higher. The European Central Bank raised its deposit facility rate to 2.25% from 2.0% on Thursday, marking its first hike since 2023. The move lifted th
Delay of key Detroit-Windsor trade link extends freight bottlenecks amid ongoing US-Canada trade tensions under Trump administration. The US and Canada have postponed the opening of the $4.7 billion Gordie Howe International Bridge, a critical trade artery between Detroit
Elon Musk’s SpaceX files for a record $75 billion IPO, positioning it as the seventh most-valuable U.S. company ahead of its Nasdaq debut. SpaceX will raise $75 billion in its initial public offering, selling 555.6 million shares at $135 each. The deal values the company a
Iranian forces blocked a tanker from transiting the Strait of Hormuz Iranian forces have blocked a tanker from transiting the Strait of Hormuz without prior coordination. The vessel complied with the transit ban after receiving warnings from the IRGC Navy. The incid
Unverified reports suggest Iran’s Mojtaba Khamenei has not endorsed the proposed US deal, casting doubt on its viability. Unconfirmed reports indicate Iran’s new Supreme Leader, Mojtaba Khamenei, has not approved the proposed US-Iran deal, despite commitments from Iranian
Traders hesitate to push the cross-pair higher amid concerns over potential Japanese authorities intervening in USD/JPY markets. The GBP/JPY pair closed Thursday nearly unchanged at 214.70, reflecting cautious trading as market sentiment improved after US President Donald
The company targets six alpha product launches by fiscal 2026 while keeping its quarterly dividend at $0.02 per share. Zedge announced plans to launch six alpha products by fiscal 2026, aiming to expand its digital content and personalization platform. The company also con
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