Here’s a quick recap of some of the most impactful resource sector news items for the week. The period saw the Ontario government back the Marathon copper-palladium project, while Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) opened up a US$2 billion iron ore mine. Elsewhere, Indonesia suspended nickel mining in a protected region, and…
Procter & Gamble will cut 7,000 jobs, or roughly 15% of its non-manufacturing workforce, as part of a two-year restructuring program. The layoffs by the consumer goods giant come as President Donald Trump’s tariffs have led a range of companies to hike prices to offset higher costs. The trade tensions…
The number of newborns in Japan is decreasing faster than projected, with the number of annual births falling to another record low last year, according to government data released Wednesday. The health ministry said 686,061 babies were born in Japan in 2024, a drop of 5.7% on the previous year…
Israel struck “terror targets of the Hezbollah Aerial Unit (127)” in the southern suburb of Dahieh, Beirut, the Israel Defense Forces said, as large plumes of smoke could be seen rising from the Lebanese capital late on Thursday. Lebanon’s state-run NNA news also reported strikes from Israeli drones, saying that…
A sweeping new travel ban on citizens from a dozen nations was announced by the White House on Wednesday, reviving a defining effort from the first Trump administration to crack down on entries from specific countries. Trump said in a video posted Wednesday that new countries could be added to…
Russian ballistic missiles and drones have been launched toward Ukraine from multiple directions, the Ukrainian Air Force said on Telegram Friday. Tkachenko accused Russia of hitting residential areas with the drone attack, saying a high-rise building the the Solomyansky district of Kyiv was damaged. Kyiv’s Mayor Vitali Klitschko also reported…
Friday marks 81 years since D-Day, the first day of the Normandy landings that laid the foundations for the Allied defeat of Nazi Germany in World War II. The invasion – codenamed Operation Overlord – saw of tens of thousands of troops from countries including the United States, the United…
North Korea says it has successfully refloated a new destroyer that capsized upon launch last month, with state media reporting the damaged vessel will be moved to a dry dock in a different shipyard for repairs. “After restoring the balance of the destroyer early in June, the team moored it…
The fragile trade truce between the United States and China has, for now, been pulled back from the brink. US President Donald Trump finally got his long-anticipated phone call with Chinese leader Xi Jinping, during which the two agreed to resume trade talks that had stalled over accusations from each…
A lot has happened in the stock market since Liberation Day, keeping us on our toes. Volatility has declined significantly, stocks have bounced back from their April 7 low, and the economy has remained resilient. If you’re still feeling uncertain, though, you’re not alone. The stock market’s in a bit…