Tag: markets
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Trump’s oil tariffs a boost for European and Asian refiners
U.S. President Donald Trump’s trade tariffs on Canadian and Mexican oil imports will offer European and Asian refineries a competitive advantage against their U.S. rivals, analysts and market participants told Reuters. Trump on Saturday ordered 25% tariffs on Canadian and Mexican imports and 10% on goods from China starting on Tuesday to address a national emergency over fentanyl…
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IMF chief: Eurozone has tools for greater growth if it learns from US
The head of the IMF, Kristalina Georgieva, was speaking at a panel in Davos alongside ECB President, Christine Lagarde. The eurozone should look to the United States if it wants to compete more effectively for global investment, said managing director of the International Monetary Fund (IMF) Kristalina Georgieva, on Friday. “The United States has a…
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China’s Zijin Plans Lithium Production in Congo From Early 2026
China’s Zijin Mining Group Co. aims to start producing lithium in the Democratic Republic of Congo early next year from one of the world’s largest deposits of the battery metal. Zijin is accelerating activity at a site in southeast Congo that’s still claimed by AVZ Minerals Ltd. The Australian firm has initiated arbitration proceedings against…
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US and Brazil propel no-and low-alcohol market growth
The category is set to soar by US$4bn by 2028, with the US and Brazil leading the charge in the sector. The non-alcoholic beverage sector is poised for significant expansion, with projections indicating an increase exceeding $4 billion by 2028. This growth is predominantly driven by the US and Brazil, according to the latest no-…