National Assembly Speaker Woo Won-shik condemned US Republicans’ claim that South Korea was discriminating against e-commerce giant Coupang, calling it “interference in domestic affairs”. His remarks followed a letter sent by 54 US lawmakers in the Republican Study Committee to South Korean Ambassador to the United States Kang Kyung-wha, in which they claimed Seoul was taking discriminatory and un...
National Assembly Speaker Woo Won-shik condemned US Republicans’ claim that South Korea was discriminating against e-commerce giant Coupang, calling it “interference in domestic affairs”. His remarks followed a letter sent by 54 US lawmakers in the Republican Study Committee to South Korean Ambassador to the United States Kang Kyung-wha, in which they claimed Seoul was taking discriminatory and unfair actions against the US-based company that is under police investigation and government scrutiny...
Just_Super/iStock via Getty Images Welcome to the April 2026 edition of the lithium miner news. The past month saw lithium prices significantly higher. Lithium price news Metal.com reported an Australian spodumene concentrate 6% Li₂O CIF China spot price of USD 2,485 as of April 23, 2026, significantly higher than the past month. The China lithium carbonate spot price was significantly higher last...
Just_Super/iStock via Getty Images Welcome to the April 2026 edition of the lithium miner news. The past month saw lithium prices significantly higher. Lithium price news Metal.com reported an Australian spodumene concentrate 6% Li₂O CIF China spot price of USD 2,485 as of April 23, 2026, significantly higher than the past month. The China lithium carbonate spot price was significantly higher last month, now at CNY 173,000 . China lithium carbonate spot price 5-year chart - CNY 173,000 (~USD 25,342) ( source) Trading Economics Lithium demand versus supply outlook Katusa Research is forecasting a small lithium deficit to begin in 2026 (as of January 2026) ( source ) Carbon Credits courtesy Katusa Research RMIS forecasts lithium deficits to start after 2028, and may grow very large without major new investments (as of May 2025) ( source ) Carbon Credits Albemarle is forecasting lithium deficits more likely from ~2027/28 (as of mid-2025) ( source ) Albemarle GGII, a Shenzhen-based consultancy, forecasts a balanced lithium market this year, a 10,000t LCE deficit in 2026, and a 60,000t deficit in 2027 (as of mid 2025) Volt Rush courtesy GGII Trend Investing vs. IEA demand forecast for EV metals (Trend Investing) ( IEA ) Trend Investing & the IEA Lithium market and battery news On March 23, Mining Visuals reported : Lithium market balance: Visualizing the shift from surplus to deficit by 2026... Prepare for the 2026 shortfall: Acknowledge the consensus among major financial institutions that lithium will enter a structural deficit by 2026, with estimates projecting a shortage of up to 80,000 tonnes. Several analysts are forecasting a lithium deficit in 2026 ( source ) Mining Visuals On March 25, Car News China reported : CATL’s domestic EV battery share reaches 50.1% in Q1 2026...China’s total EV battery manufacturing volume reached 310 GWh in the first two months of 2026, up 22% year-over-year...BYD reached a share of 17.5% in the first quarter of 2026, down 4.3% year-ov...
European private equity firm Waterland has raised €4 billion ($4.7 billion) for its new flagship fund, signaling an uptick in demand for European mid-market funds. Waterland Private Equity Fund X saw strong participation from a variety of investors including asset managers, pension funds, sovereign wealth funds and family offices, according to a statement reviewed by Bloomberg News. The firm has a...
European private equity firm Waterland has raised €4 billion ($4.7 billion) for its new flagship fund, signaling an uptick in demand for European mid-market funds. Waterland Private Equity Fund X saw strong participation from a variety of investors including asset managers, pension funds, sovereign wealth funds and family offices, according to a statement reviewed by Bloomberg News. The firm has also raised €600 million for its Waterland Partnership Fund II, which makes minority investments in some of Waterland portfolio companies. Both funds were oversubscribed and closed at their hard caps less than four months after launch. “2025 was a record year for us in delivering cash proceeds to our limited parters,” Cedric Van Cauwenberghe , Waterland’s group managing partner, said in an interview. “Investors like to see consistency in returns pattern. Waterland has been in the global top 15 out of several hundred GPs in the HEC Dow Jones Private Equity Performance Ranking for the last 15 years.” He declined to provide the figures for distributed to paid-in capital — a measure of how much cash is generated by a fund relative to what’s been invested. On average, Waterland exits 10 investments each year, according to Van Cauwenberghe. The firm sold cloud services provider Skaylink GmbH to Vodafone Group Plc for €175 million in December. It also divested a majority stake in debt collection firm Coeo to doValue in July. The net internal rate of return for Waterland Private Equity Fund IX , the predecessor vehicle of Fund X, was more than 25%, according to the firm. Repeat investors in Waterland’s funds include Massachusetts Pension Reserves Investment Management Board, the State of Wisconsin Investment Board and the Texas County & District Retirement System.
Walter Cicchetti/iStock Editorial via Getty Images Italian energy group Eni ( E ) increased its share buyback by around 90% to 2.8 billion euros ($3.27B) on Friday, and improved its 2026 guidance on cash flow from operations. More on ENI Eni Returned Over 100% Since My Buy Call: Here Is How Much Upside Is Left Eni S.p.A. (E) Analyst/Investor Day - Slideshow Eni S.p.A. (E) Analyst/Investor Da...
Walter Cicchetti/iStock Editorial via Getty Images Italian energy group Eni ( E ) increased its share buyback by around 90% to 2.8 billion euros ($3.27B) on Friday, and improved its 2026 guidance on cash flow from operations. More on ENI Eni Returned Over 100% Since My Buy Call: Here Is How Much Upside Is Left Eni S.p.A. (E) Analyst/Investor Day - Slideshow Eni S.p.A. (E) Analyst/Investor Day Transcript Eni, Repsol plan to start exporting Venezuelan gas by 2031 - Bloomberg Eni makes major gas discovery offshore Indonesia
A bear statue stands outside the Frankfurt Stock Exchange on April 7, 2025 in Frankfurt, Germany. Florian Wiegand | Getty Images Futures data pointed to a broadly negative open in Europe on Friday, as uncertainty over U.S.-Iran peace talks weighed on investor sentiment. Pan-European Stoxx 50 futures were down 0.6% shortly before 7 a.m. in London (2 a.m. ET), with futures tied to London's FTSE 100 ...
A bear statue stands outside the Frankfurt Stock Exchange on April 7, 2025 in Frankfurt, Germany. Florian Wiegand | Getty Images Futures data pointed to a broadly negative open in Europe on Friday, as uncertainty over U.S.-Iran peace talks weighed on investor sentiment. Pan-European Stoxx 50 futures were down 0.6% shortly before 7 a.m. in London (2 a.m. ET), with futures tied to London's FTSE 100 and Paris's CAC 40 down 0.8% and 0.6%, respectively. German DAX futures were flat, and futures tied to Switzerland's SMI index were 0.6% lower. Investor attention remains focused on developments in the Middle East. On Thursday, U.S. President Donald Trump told reporters, "don't rush me," when questioned on a long-term deal with Iran. He also said he won't put a "timetable" on when the war will end. Overnight, it was reported that U.S. forces had boarded and searched another tanker thought to be carrying Iranian oil through the Indian Ocean. Oil prices edged higher on Friday morning, with global benchmark Brent crude futures adding 0.4% to settle at $105.44 a barrel, while U.S. West Texas Intermediate futures were marginally higher at $95.88. Back in Europe, investors will be monitoring another flurry of corporate earnings, with Eni, Orange, Volvo and Renault among the firms set to update shareholders on their finances. Economic data releases on Friday will include U.K. retail sales, French consumer confidence figures, and a German Ifo Business Climate update. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
(RTTNews) - Italian energy major Eni S.P.A. (E) reported Friday lower profit in its first quarter, despite growth in revenues and production amid the challenges of volatile energy markets.
(RTTNews) - Italian energy major Eni S.P.A. (E) reported Friday lower profit in its first quarter, despite growth in revenues and production amid the challenges of volatile energy markets.
Oil output from Persian Gulf nations has been running 14.5 million barrels a day below pre-war levels this month, according to Goldman Sachs Group Inc. , which estimated any resumption would take months. The region-wide total is 57% lower than before the outbreak of the Iran war, analysts including Daan Struyven said in an April 23 note. A possible restoration would likely take “a few months,” a s...
Oil output from Persian Gulf nations has been running 14.5 million barrels a day below pre-war levels this month, according to Goldman Sachs Group Inc. , which estimated any resumption would take months. The region-wide total is 57% lower than before the outbreak of the Iran war, analysts including Daan Struyven said in an April 23 note. A possible restoration would likely take “a few months,” a scenario based on a full-and-safe reopening of the Strait of Hormuz and no renewed strikes, they said. The global oil market is under increasing strain as the US and Israeli war against Iran heads toward a third month. Traffic through the Strait of Hormuz — which links the Persian Gulf to global markets — remains all but frozen, as both Tehran and Washington seek to impose blockades of ships. Global crude benchmark Brent is up for a fifth day, set for a weekly gain of 17%. “The longer the strait is effectively closed, the longer curtailments last, the slower the production recovery is likely to be,” the analysts said.