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Iran Reopens Strait of Hormuz, but Says U.S. Must End Naval Blockade
Iran says strait will close again if U.S. blockade continuesTrump calls strait's opening 'a brilliant day'Iranian official says differences between the two sides remainShipping companies react cautiouslyTiming of talks remains uncertainBy Parisa Hafezi, Steve Holland and Nayera Abdallah ...
Sat, Apr 18
US allows temporary sale of Russian oil at sea, Treasury says
WASHINGTON, April 17 (Reuters) - The U.S. Treasury Department on Friday issued a Russia-related general license, allowing the delivery and sale of Russian crude oil and petroleum products loaded on vessels as of April 17.The authorization will last through May 16, the department said.
Sat, Apr 18
METALS-Aluminium falls after Iran declares Strait of Hormuz open
By Polina Devitt LONDON, April 17 (Reuters) - Aluminium prices fell on Friday after Iran's foreign minister said that passage for all commercial vessels through the Strait of Hormuz was open for the remaining period of ceasefire.Benchmark three-month aluminium CMAL3 on the London Metal Exchan...
Fri, Apr 17
FOREX-Dollar Set for Second Weekly Drop, Euro Steadies Near Pre-war Levels
LONDON/HONG KONG, April 17 (Reuters) - The U.S. dollar was on track for a second consecutive weekly decline on Friday, while the euro and British pound steadied around pre‑war levels, as investors unwound safe-haven positions on hopes for resolutions to conflicts in the Middle East.
Fri, Apr 17
Gold Holds Steady, Eyes Fourth Weekly Gain on US-Iran Peace Deal Hopes
April 17 (Reuters) - Gold held largely steady on Friday and was on track for a fourth straight weekly gain, as hopes for a U.S.-Iran peace deal eased fears of higher inflation and elevated interest rates.
Fri, Apr 17
Netflix Slides After Weak Q2 Outlook, Co-founder Hastings Announces Departure
Shares of Netflix NFLX.O slump 9.6% to $97.38 in premarket trading
Fri, Apr 17
Apple's Iphone Shipments in China Surge 20% in Q1, Data Shows
BEIJING, April 17 (Reuters) - Apple's AAPL.O iPhone shipments surged 20% in China in the first quarter, for the strongest growth among major vendors, despite an overall decline as rising prices of memory chips boosted costs, data from Counterpoint Research showed.
Fri, Apr 17
Japan Says Energy-related Supply Chain Bottlenecks Can Be Cleared Within Days
Japan's industry minister Ryosei Akazawa said on Friday that supply chain bottlenecks arising from disruption to raw materials procurement including naphtha could be resolved within days, as the Iran war strains energy and petrochemical flows from the Middle East.
Fri, Apr 17
Imf Warns EU Not To Offset The Energy Price Spike Too Much
European governments should not excessively shield businesses and consumers from more expensive energy because that distorts the price signal to cut consumption and could be fiscally very expensive, the International Monetary Fund said.
Fri, Apr 17
Drone Maker Aevex Raises $320 Million in US IPO
Drone maker AEVEX said on Thursday that it had raised $320 million in its U.S. initial public offering after pricing shares at $20 each.
Fri, Apr 17
Gold Holds Steady, Eyes Fourth Weekly Gain on Us-iran Peace Deal Hopes
Israel and Lebanon begin ceasefireTrump says Iran may meet US over weekendDollar heads for second weekly dropBy Noel John April 17 (Reuters) - Gold held largely steady on Friday and was on track for a fourth straight weekly gain, as hopes for a U.S.-Iran peace deal eased fears of higher inflation
Fri, Apr 17
US STOCKS-Wall St Indexes Set to Open Higher as Mideast Diplomacy Hopes, Earnings Lift Sentiment
April 16 (Reuters) - Wall Street's main indexes were set to open higher on Thursday on rising hopes that the worst of the Middle East conflict had passed , while a wave of solid earnings allayed concerns about the health of the economy.
Thu, Apr 16
Iran-US Talks Turn to Interim Deal Amid Rifts Over Nuclear Work, Iranian Sources Say
DUBAI, April 16 (Reuters) - U.S. and Iranian negotiators have scaled back ambitions for a comprehensive peace deal and are instead seeking a temporary memorandum to prevent a return to conflict, two Iranian sources told Reuters.
Thu, Apr 16
Madison Air set for New York debut after 2026's biggest US IPO
Heating, ventilation and air conditioning (HVAC) firm Madison Air Solutions MAIR.N is set for its NYSE debut later on Thursday
Thu, Apr 16
Novo Nordisk Rises After Weekly Obesity Pill Prescription Data
Shares in Novo Nordisk NOVOb.CO are up about 3.5% after publication of weekly obesity pills prescription dataBefore the market opened
Thu, Apr 16
Lilly's Obesity Pill Helps Reduce Cardiovascular Risks in Late-stage Trial
April 16 (Reuters) - Eli Lilly LLY.N said on Thursday its newly approved obesity pill helped reduce the risk of major cardiovascular events at a similar rate as insulin glargine in adults with type 2 diabetes and obesity, meeting the main goal of a long late-stage trial.
Thu, Apr 16
Iran War Brings US Close to Net Crude Exporter for First Time Since World War Two
HOUSTON, April 15 (Reuters) - The U.S. nearly turned into a net crude exporter last week for the first time since World War Two as shipments surged close to a record high to meet demand from Asian and European buyers scrambling to replace Middle East supplies cut by the Iran war.
Thu, Apr 16
CORRECTED-China solar makers say war-induced renewables demand won't fix overcapacity
Markets betting oil surge will fuel demand for renewables and Chinese solar panelsChinese solar producers grappling with overcapacity; expect only small increase at bestPricing reforms in China, tariffs and controls on exports to US will curb salesGas prices in Europe are also not as high as 2022 an...
Thu, Apr 16
US Military Says Strike On Vessel In Eastern Pacific Kills Three
The U.S. military said on Wednesday it struck a vessel in the Eastern Pacific, killing three people, in the Trump administration's latest strikes that have been condemned by human rights advocates.
Thu, Apr 16
Can Iran Legally Impose Tolls On The Strait Of Hormuz?
Tehran has sought to tighten its grip over the Strait of Hormuz by charging tolls on vessels to ensure safe passage, in conjunction with Iran's Islamic Revolutionary Guard Corps.
Thu, Apr 16
