India energy boom, Dow reshapes infrastructure - Sep 2, 2025

As of September 2, today’s news features energy production trends in India and corporate developments in the infrastructure sector. In a notable development, India's power generation surged in August, recording a 4% increase, which marks the fastest pace of growth in five months. This uptick is attributed to a rebound in manufacturing activity amid rising demand, daily analysis of Grid India data showed. Turning to market updates, the copper market experienced minor declines due to a firming U.S. dollar, although positive economic indicators from China have continued to buoy sentiment. Prices for copper on the London Metal Exchange fell slightly but remained near recent highs as demand prospects are driven by recovery in China's manufacturing sector. Meanwhile, higher copper stocks have raised concerns about weaker global demand outside China. Markets are also keeping a close watch on the forthcoming Federal Reserve meeting, expected to influence the dollar's strength and commodities pricing. In corporate news, Dow announced the sale of an additional stake in its infrastructure venture to Macquarie Asset Management for 540 million dollars, bringing Macquarie's total stake to 49%. This strategic move aligns with Dow's focus on core business operations while raising substantial capital through divestiture. In the global arena, China’s President Xi Jinping hosted Russian President Vladimir Putin and North Korean leader Kim Jong Un in a display of solidarity against Western pressure. The trio is poised to participate in a significant military parade that underscores a potential shift in military alliances in the Asia-Pacific region. Meanwhile, over 85 top climate scientists said that the Trump Energy Department's recent climate assessment used to justify an unwinding of federal greenhouse gas rules does not meet standards for scientific integrity.