Wealth managers face tough decisions as Donald Trump’s unpredictability rattles the markets
Prax Group faced liquidity issues for several years leading up to its unravelling
Transition away from fossil fuels will incorporate ‘some years’ using oil, Corrêa do Lago says
Collapse of Lindsey refinery owner is a cautionary tale of a company lacking financial heft to manage its sprawling operations
Local jewellers chip away at European dominance in domestic market as consumers move towards homegrown products
Dallas Fed survey shows energy executives facing tougher business conditions
Hunt for scarce supplies threatens to create a ‘short squeeze’, pushing prices even higher, warn analysts
Cash-strapped Islamabad tries to stave off trade tariffs and deepen ties with White House
The government has a plan to exploit its abundant fossil fuel resources to help ward off the ill effects of Trump’s tariffs
Legislation will raise costs for companies that extract lithium, nickel, cobalt and magnesium
Loss of satellite hampers monitoring of invisible gas driving significant share of global warming
Plus, Standard Chartered battles 1MDB lawsuit and Santander buys TSB
Five vessels hit with limpet mines this year shortly after visiting Russian ports
The oil market predicted the twists and turns of the Israel-Iran conflict
Mainland equities are flat in first six months of 2025, while Hang Seng index has gained 20%
Berlin increases controls on vessels heading eastward through the Fehmarn strait
Demand for sodium-ion batteries will grow slower than CATL expects, analysis finds
Adnoc and Aramco shift focus to dividends in tougher environment for deals
Also in this newsletter, Amazon rolls out diagnostics services in India, and JSW buys AkzoNobel’s India business
River Humber facility owned by privately held Prax Group started proceedings over weekend
Its use in growing sectors such as green tech, electronics and defence mean it may not always be overshadowed
Additional customs inspections cause long delays that threaten to disrupt global supply chains
America must rebuild the infrastructure that underpins markets and thus supply chains
US and European industry executives say high electricity prices are holding back efforts to rekindle domestic industry
Global boom fails to reach the industry’s heartlands, leaving ageing plantations vulnerable to disease and lack of investment
