Vehicles run by Jewish charity to provide medical transportation and emergency response were torched Two men aged 45 and 47 have been arrested in connection with an arson attack in London on four ambulances belonging to a Jewish community service, the Met police have said. The force said they were arrested on suspicion of arson with intent to endanger life and both men have been taken to a London ...
Vehicles run by Jewish charity to provide medical transportation and emergency response were torched Two men aged 45 and 47 have been arrested in connection with an arson attack in London on four ambulances belonging to a Jewish community service, the Met police have said. The force said they were arrested on suspicion of arson with intent to endanger life and both men have been taken to a London police station for questioning. Police were searching two addresses. Continue reading...
India is facing mounting pressure as leader of the BRICS group to steer the bloc toward taking a firmer stand on the Iran conflict , putting New Delhi’s diplomacy to the test. Almost a month after the US and Israel began airstrikes on Iran — which killed the senior leadership in that country and triggered a global energy crisis — the BRICS group has failed to take a position on the war. Driving th...
India is facing mounting pressure as leader of the BRICS group to steer the bloc toward taking a firmer stand on the Iran conflict , putting New Delhi’s diplomacy to the test. Almost a month after the US and Israel began airstrikes on Iran — which killed the senior leadership in that country and triggered a global energy crisis — the BRICS group has failed to take a position on the war. Driving the impasse is the fact that multiple members of the bloc are on different sides of the conflict, making any hard consensus difficult to wrangle. Iran, a BRICS member since 2024, has responded to the US-Israel attacks by firing rockets at the United Arab Emirates and Saudi Arabia. The UAE joined the bloc in 2024, while Saudi Arabia is weighing an invitation to join. Iran has asked India — which holds the rotating chairmanship of BRICS this year — to support its bid to condemn the joint US and Israeli military campaign against it, according to people familiar with the matter, who asked not to be identified because of the sensitivity of the matter. The UAE and Saudi Arabia are unlikely to agree, the people said, while China and Russia may extend tacit support to Iran. Members of the bloc have drafted at least three statements responding to the conflict, two of which have been rejected so far owing to internal divisions with the group — including one that condemned Israel and the US for their strikes, a person familiar with the matter said. Some within the body feel the BRICS risks becoming irrelevant if it doesn’t engage with the defining issues of the moment, another person said. The bloc’s wavering contrasts with its condemnation of the US-Israeli strikes on Iran in July 2025 and calling for the withdrawal of Israeli forces from Gaza. In January, the group was silent on the US capture of Venezuelan President Nicolas Maduro . The deadlock underscores the challenges facing the bloc of emerging economies as the war enters its fourth week. President Donald Trump is now pushing ta...
Elemental Altus Royalties press release ( ELE ): FY revenue plus attributable share of Caserones 1 of US$49.2 million, up 128% over prior year, exceeding 2025 updated guidance of US$42 million. Gold Equivalent Ounces ("GEOs") of 14,285 for 2025 (8,987 in 2024), driven by contributions from Karlawinda, Bonikro, Korali Sud, and Caserones, and the completion of the merger with EMX Royalty Corporation...
Elemental Altus Royalties press release ( ELE ): FY revenue plus attributable share of Caserones 1 of US$49.2 million, up 128% over prior year, exceeding 2025 updated guidance of US$42 million. Gold Equivalent Ounces ("GEOs") of 14,285 for 2025 (8,987 in 2024), driven by contributions from Karlawinda, Bonikro, Korali Sud, and Caserones, and the completion of the merger with EMX Royalty Corporation. Adjusted EBITDA of US$34.9 million, up 131% over prior year, demonstrating strong cash flow conversion. Adjusted operating cash flow of US$33.9 million, up 288% over prior year. Cash and cash equivalents as of December 31, 2025 of US$53.1 million and a working capital 1 of US$80.1 million, demonstrating financial flexibility for growth. 2026 Outlook and Guidance Revenue guidance for 2026 US$76.5 to US$94.5 million (vs. consensus of $83.43M) based on a gold price of US$4,500/oz and a copper price of US$5.50/lb. GEO guidance for 2026 of 17,000 to 21,000 GEOs. More on Elemental Royalty Corporation Elemental Royalty Corp: Timok Lower Zone Provides Optionality Historical earnings data for Elemental Royalty Corporation Financial information for Elemental Royalty Corporation
Chinese toymaker Pop Mart reported strong annual growth in revenue and net profit for 2025, but not enough to alleviate investor fears that the company remains too reliant on the Labubu phenomenon. Annual revenue jumped 184.7 per cent from a year earlier to 37.12 billion yuan (US$5.4 billion), while net profit surged 284.5 per cent to 13.08 billion yuan, the company said on Wednesday. However, its...
Chinese toymaker Pop Mart reported strong annual growth in revenue and net profit for 2025, but not enough to alleviate investor fears that the company remains too reliant on the Labubu phenomenon. Annual revenue jumped 184.7 per cent from a year earlier to 37.12 billion yuan (US$5.4 billion), while net profit surged 284.5 per cent to 13.08 billion yuan, the company said on Wednesday. However, its Hong Kong-listed shares plunged 22.5 per cent to HK$168.30 on Wednesday, marking the biggest drop...
As war in the Middle East escalates, the financial fallout extends beyond energy price and supply-chain disruptions. Vulnerabilities in the US$3 trillion-plus global private-credit market are accelerating, driving investors to safe havens, while global finance undergoes a rapid transformation. China, the world’s largest creditor to developing countries, will feel the repercussions. This is the fir...
As war in the Middle East escalates, the financial fallout extends beyond energy price and supply-chain disruptions. Vulnerabilities in the US$3 trillion-plus global private-credit market are accelerating, driving investors to safe havens, while global finance undergoes a rapid transformation. China, the world’s largest creditor to developing countries, will feel the repercussions. This is the first real stress test confronting the vast lending empire. A meltdown was inevitable; only the timing...
Workers unload urea fertilizer from a cargo ship in Yantai Port, Shandong Province, China on March 13, 2026. Cfoto | Future Publishing | Getty Images Farmers in the northern hemisphere are heading into the crucial spring months, during which major fieldwork must begin. Their peers in the south, meanwhile, are busy harvesting crops before the winter sets in. However, their work now takes place as t...
Workers unload urea fertilizer from a cargo ship in Yantai Port, Shandong Province, China on March 13, 2026. Cfoto | Future Publishing | Getty Images Farmers in the northern hemisphere are heading into the crucial spring months, during which major fieldwork must begin. Their peers in the south, meanwhile, are busy harvesting crops before the winter sets in. However, their work now takes place as the Iran war creates serious supply constraints for essential fertilizer products — fueling massive price spikes and warnings of looming food insecurity. Around one-third of the global seaborne fertilizer trade passes through the Strait of Hormuz, according to the UN. The waterway, a critical shipping route that runs along Iran's southern border, has been severely disrupted since the start of the war, with traffic effectively coming to a halt and several ships being hit by projectiles in or near the waterway. Since the U.S. and Israel launched strikes on Iran on Feb. 28, the price of fertilizer — much of which is produced in the Middle East — has skyrocketed. Fertilizer futures contracts are less liquid than other commodities, making prices more opaque. But analysts working in the sector told CNBC that they had seen the cost of FOB granular urea in Egypt — a bellwether of nitrogen fertilizers — jump to around $700 per metric ton, up from $400 to $490 before the war began. In a Monday note, Oxford Economics' Alpine Macro said urea and ammonia prices had surged by around 50% and 20%, respectively, since the war began. Other fertilizers, like potash and sulfur, have also risen in price. The Middle East is a particularly large exporter of urea and nitrogen products, according to Chris Lawson, VP of market intelligence and prices at CRU. "With the Strait of Hormuz essentially cut off, there's a big chunk of global trade that isn't able to move right now," Lawson said. "We estimate around 30% of exportable suppliers are not really available to the market right now, that is Saudi A...
Hong Kong authorities are facing mounting pressure from lawmakers to roll out more measures to rein in surging fuel prices, including a requirement for firms to disclose pricing formulas when bidding for petrol stations – an idea the environment minister said could be considered. Secretary for Environment and Ecology Tse Chin-wan told the Legislative Council on Wednesday that the government was op...
Hong Kong authorities are facing mounting pressure from lawmakers to roll out more measures to rein in surging fuel prices, including a requirement for firms to disclose pricing formulas when bidding for petrol stations – an idea the environment minister said could be considered. Secretary for Environment and Ecology Tse Chin-wan told the Legislative Council on Wednesday that the government was open to reviewing the current tender policy for petrol station sites to bring down soaring fuel...