Commodities
In bid to oust PM, Spain's PSOE says it will respect most budget commitments
The leader of Spain's Socialist PSOE party has said he will stick to the recently-approved 2019 Budget Law if MPs support his no-confidence vote against the Prime Minister.
EU to fund €55bn reforms in anti-austerity move against jobless surges
Brussels proposed on Thursday funding two financial instruments worth €55bn to back reforms in EU member countries to fight against the financial crisis and surges in joblessness, Reuters reported.
Coro Energy's Bezzecca field 'unlikely' to contribute this year
International gas explorer Coro Energy announced on Thursday that its Bezzecca gas field in Milan is "unlikely" to provide a material contribution during the year.
Cold weather boosts US personal spending in April, prices unchanged
Consumer spending in the US picked-up more quickly-than-expected last month, as Americans dipped into their savings, albeit partly as a reaction to colder-than-expected weather.
Weekly US jobless claims register larger-than-expected fall
US jobless claims fell below economists' forecasts during the week ending 26 May.
US slaps steel and aluminium tariffs on EU, Canada and Mexico from Friday
Washington will implement steel and aluminum tariffs on metals imports from the European Union, Canada and Mexico from Friday, Commerce Secretary Wilbur Ross said.
Bluejay Mining engaged in off-take discussions for 'world class asset'
Bluejay Mining is currently engaged in discussions with several parties for offtake agreements and has "strong confidence" that its product will be very popular, according to the company’s year-end results.
Arc Minerals scoops former Rio Tinto bigwig for director role
Arc Minerals announced on Thursday that Rio Tinto’s former head of African, South American and European mining operations, Don Bailey, has been appointed as a director at Arc effective 1 June.
Euro area CPI jumps in May on the back of energy price gains
A big jump in energy costs drove consumer prices in the Eurozone sharply higher last month.
TomCo Energy's investee secures contractor for Utah project
TomCo Energy announced on Thursday that its investee company TurboShale is engaging Himes Drilling Company Inc (HDCI) as its drilling contractor for the company’s upcoming field test programme.
Business giants press for 'frictionless' Brexit trade agreement
A group of European business leaders met Theresa May to warn her that time is running out to secure a "frictionless" post-Brexit trade deal and that they were considering to withdraw investment given current uncertainty.