Commodities

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No guarantees Swiss will always have enough gas, minister says

ZURICH (Reuters) – Swiss businesses would be first to have energy rationed in the event of supply shortages, Energy Minister Simonetta Sommaruga told the SonntagsZeitung, warning that the government cannot.

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Gold import duty hike: Demand in spot market may not be impacted in the long term, feel analysts

The Centre’s attempt to reduce import bills by hiking the import duty on gold by a sharp 5 per cent, may not affect demand for the precious metal significantly according.

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Tyres need to meet standards for rolling resistance, wet grip, rolling sound emissions from October

As per the MoRTH notification, all existing tyre design will have to comply with wet grip and rolling resistance standards from next April and less rolling noise standard from next.

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Brazil’s fertilizer imports jump as farmers prepare to plant new crop

By Roberto Samora and Ana Mano SAO PAULO (Reuters) – Brazilian fertilizer imports in June jumped 18.6% and totaled 4.15 million tonnes, according to government data released on Friday, quashing.

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Norway pledges 1 billion euros to support Ukraine

(Reuters) – Norway on Friday pledged 1 billion euros ($1.04 billion) to help Ukraine defend itself, support people in need and for reconstruction in the wake of Russia’s invasion. Addressing.

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U.S. West Coast port labor contract expires, raising stakes for talks

By Lisa Baertlein LOS ANGELES (Reuters) -The union and employers negotiating a new labor contract for more than 22,000 U.S. West Coast port workers said high-stakes talks that are being.

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U.S. 5-year offshore drilling plan contemplates zero to 11 auctions

By Nichola Groom (Reuters) -President Joe Biden’s administration on Friday unveiled a five-year proposal for offshore oil and gas development in areas of existing production, and said the final plan.

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Gold Hit 7-Month Low as India Tax Hike Adds to Fed Rate Cudgel

By Barani Krishnan Investing.com — For gold, the Fed doesn’t seem to be its only nemesis: it’s also Indian tax authorities. Bullion’s value took a further dive to briefly hit.

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Oil prices ease on recession fears, headed for 3rd weekly loss

By Stephanie Kelly and Yuka Obayashi TOKYO (Reuters) -Oil prices eased on Friday as lingering fears of a recession demand weighed on sentiment, putting the benchmarks on track for their.

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Shares of Mitsui, Mitsubishi hit by Russia’s move on Sakhalin-2 project

TOKYO (Reuters) -Shares in Japan’s Mitsui & Co and Mitsubishi Corp fell about 5% on Friday after Russia moved to create a new firm to take charge of the Sakhalin-2.

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