Focus on Finance
AI likely to weigh on oil prices over the next decade: Goldman Sachs
Goldman Sachs warns AI could lower oil prices by reducing costs and boosting supply, outweighing modest demand increases.
Goldman temporarily suspends zinc coverage
Goldman Sachs has suspended covering zinc markets "for the moment", citing "restricted capacity" following the departure of the sector lead earlier this year.
GM, Lithium Americas agree to delay $330 million investment in Thacker Pass
General Motors has delayed the second tranche of investment in Thacker Pass, worth $330m, Lithium Americas said on Friday
Texas narrows gas plant projects vying for $5.4 billion in funding
Texas selected 17 projects for $5.38 billion in funding to develop gas-fired power plants, advancing nearly 10,000 MW in capacity.
Wary of Trump, US minerals projects rush to close government loans
Battery and EV mineral firms hope to pay back collective $25bn in loans to US government amid fears Trump would shut down program.
TOTSA TotalEnergies Trading to pay $48 million for attempted market manipulation
The U.S. regulator fined TOTSA $48M for attempting to manipulate European gasoline futures by flooding the market.
Sunly raises €300 million for renewable projects in Baltics and Poland
Construction of 1.3GW of Sunly solar farms, wind projects and energy storage schemes will help boost eastern Europe as it decouples from Russian...
Goldman, BASF, others in $20 million platinum, palladium price-fixing settlement
Goldman Sachs and BASF agree to pay $20m to settle antitrust lawsuit accusing them of conspiring to suppress platinum and palladium prices
Norway’s sovereign wealth fund commits $1 billion to renewable energy fund
Norway's sovereign wealth fund has said it will commit $1bn to the latest renewable energy fund of Copenhagen Infrastructure Partners
