Abu Dhabi’s Adnoc in deal talks over oil refinery at centre of US sanctions
UAE energy giant emerges as frontrunner to buy Russia’s controlling stake in Serbia’s sole oil-processing facility
Trump reveals plans to ease tariff impact on US carmakers
US president will curb some duties on foreign parts in domestically manufactured cars, administration says
Donald Trump unveiled plans to water down his sweeping tariffs for US carmakers on Tuesday by curbing some duties on foreign cars and parts, granting a reprieve to an industry that warned his strategy would hike costs for American manufacturers by tens of billions of dollars.
Carmakers subject to a 25% tariff on imports will not be subject to other levies Trump has imposed, for example, on steel and aluminum. US automakers will also be allowed to apply for tariff relief on a proportion of the costs imposed for imported parts, although that relief will be phased out over the next two years.
AUD/USD Price Forecast: Bears look to seize control amid notable USD demand, ahead of US data
The AUD/USD pair attracts heavy intraday selling on Tuesday and reverses a major part of its strong gains registered over the past four days, to a nearly three-week top touched the previous day.
Trading firm Tower Research to launch fund for outside investors
High-frequency market makers are seeking new avenues for growth as competition rises
XAU/USD Gold Price Analysis Today: Gold Trading Continues to Gain Positive Momentum – 09 October 2025
Amid moves that have amazed investors, gold futures are already heading towards a new milestone in the middle of the trading week. Just one day after surpassing $4000 per ounce for the first time, the gold price index is looking to reach $4100 per ounce. According to gold trading platforms, the yellow metal’s index has…