News
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IAEA says process has been set to restore external electricity to Ukraine's Zaporizhzhia nuclear power plant
Oct 9 (Reuters) - The International Atomic Energy Agency said on Thursday that a process had been set in motion to help restore external electricity to Ukraine's Zaporizhzhia nuclear power plant following frequent contacts with Russia and Ukraine in recent weeks to address the site's latest ...Reuters
Thu, Oct 9
Germany's Merz opposes EU's hard cut-off for combustion cars from 2035
Merz says time needed to explore alternative energy sourcesEU targets 100% CO2 reduction from new cars by 2035Automakers want longer deadlines, broader technology definitionsBy Andreas Rinke and Christian Kraemer BERLIN, Oct 9 (Reuters) - Chancellor Friedrich Merz vowed to do everything possible ...Reuters
Thu, Oct 9
EXCLUSIVE-Germany's PSI Software nears takeover as investors circle, say sources
By Alexander Hübner and Amy-Jo CrowleyMUNICH, Oct 9 (Reuters) - Germany's PSI Software PSAGn.DE is close to being taken over, with several financial investors circling the maker of software for energy networks, three people familiar with the matter told Reuters on Thursday.One of the sources sai...Reuters
Thu, Oct 9
ARA gasoil stocks rise 2%, Insights Global data shows
LONDON, Oct 9 (Reuters) - Gasoil stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub rose by about 2% on the week, data from Dutch consultancy Insights Global showed on Thursday.Gasoil stocks, which include diesel, stood at 2.25 million metric tons, rising on ...Reuters
Thu, Oct 9
Fintech company Younited strikes 400 mln euros warehouse financing facility
Oct 9 (Reuters) - Fintech firm Younited YOUNI.AS, which provides personal loans and credit, announced it secured a 400 million euros ($464.48 million) warehouse financing facility with U.S. bank Citi C.N, backed by French and Italian consumer loans.Warehouse financing is a short-term financing optio...Reuters
Thu, Oct 9
PRECIOUS-Gold stays above $4,000 level, silver breaks through $50 for first time
Joy in Israel and Gaza after ceasefire announcedSilver breached the $50/oz level for the first timeFed's Williams says he backs more rate cuts this yearBy John Biju and Kavya Balaraman Oct 9 (Reuters) - Gold prices eased on Thursday as some investors booked profits, but remained above the $4,...Reuters
Thu, Oct 9
FACTBOX-What are the five rare earths targeted by China's export controls?
By Alessandro Parodi Oct 9 (Reuters) - China said on Thursday it planned to add five more rare earth elements and related materials to its export controls list, tightening its grip on the sector ahead of talks between Presidents Donald Trump and Xi Jinping.China produces over 90% of the world'...Reuters
Thu, Oct 9
US sanctions hit Serbia's Russian-owned oil firm NIS
Croatia halts crude shipments to Serbia, affecting NIS operationsSerbia's President warns of severe consequences for country's economyNIS faces challenges in securing alternative crude supply routesBy Aleksandar Vasovic and Ivana Sekularac BELGRADE, Oct 9 (Reuters) - The United States imp...Reuters
Thu, Oct 9
Deals of the day-Mergers and acquisitions
October 9 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Thursday: ** Artificial intelligence-focused broker consolidator Equal Parts announced that it has acquired Albuquerque-based Strategic Insurance.nL6N3VQ0D7 ** Novo Nordisk NVOb.CO sai...Reuters
Thu, Oct 9
Silver Soars Past $50, Setting New COMEX Record Amid Supply Crunch
TradingKey - On October 9, spot silver surged over 3% in a single day, reaching a high of $50.37 per ounce, surpassing the previous COMEX (New York Mercantile Exchange) record of $50.35 set on January 18, 1980. Silver prices have soared more than 70% this year, outpacing the record gains seen in gol
TradingKey
Thu, Oct 9
CBOT Trends-Wheat up 1-4 cents, corn down 1/2 to 1 cent, soy down 4-6 cents
CHICAGO, Oct 9 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Thursday.NOTE: The U.S. government remains shut down, suspending many government reports, including the U.S. Department of Agric...Reuters
Thu, Oct 9
Ferrari share stumble spoils electric vehicle tech launch
Elettrica EV to launch next yearShares tumble after new financial targets announcedFerrari shifts to less ambitious electrification strategyPlans four new models per year, new lifestyle storesCEO says reasonable to expect second EV within 2030 planBy Giulio Piovaccari and Keith Weir MARANELLO, It...Reuters
Thu, Oct 9
US natgas prices edge up ahead of storage report on forecasts for cooler weather, more demand
Waha Hub prices turn negative again on pipeline constraintsTropical Storm Jerry not expected to hit US mainlandEnergy firms likely added less gas to storage than normal last weekGas storage levels likely 4% above normal for this time of yearBy Scott DiSavino Oct 9 (Reuters) - U.S. natural gas fut...Reuters
Thu, Oct 9
FACTBOX-What critical minerals are on China's export control list now?
By Ashitha Shivaprasad, Amy Lv and Alessandro Parodi BENGALURU/BEIJING, Oct 9 (Reuters) - China on Thursday expanded its export controls over rare earths and related technology in a move to further tighten its grip and dominance on the critical minerals key to the energy transition. Five more med...Reuters
Thu, Oct 9
Gold holds steady near record highs as traders await Powell’s remarks
Gold (XAU/USD) steadies on Thursday after smashing through the $4,000 psychological mark and setting a fresh all-time high of $4,059 on the previous day. At the time of writing, XAU/USD is trading around $4,040, rebounding from an intraday dip near $4,000 as traders consolidate gains following an ov
Fxstreet
Thu, Oct 9
Gold holds above $4,000; silver hits $50 milestone
Oct 9 (Reuters) - Gold prices held above $4,000 an ounce on Thursday as investors assessed the Israel-Hamas ceasefire deal, while broader geopolitical and economic uncertainty alongside expectations for U.S. rate cuts sustained bullish sentiment towards the metal.Reuters
Thu, Oct 9
ARM Energy to invest $2.3 billion in Mustang Express pipeline in Texas
Oct 9 (Reuters) - ARM Energy Holdings said on Thursday it has reached a final investment decision on its $2.3 billion Mustang Express Pipeline project in Texas, along with its partner Pacific Investment Management Company.ARM, an energy marketing firm, said the project benefits from a long-term agre...Reuters
Thu, Oct 9
GRAINS-Soybeans ease back, wheat regains ground
PARIS/CANBERRA, Oct 9 (Reuters) - Chicago soybean futures eased on Thursday after reaching their highest in more than two weeks, with doubts over harvest yields offset by favourable weather and the absence of Chinese demand.Wheat rose after approaching a five-year low on Wednesday, with signs of imp...Reuters
Thu, Oct 9
ARM Energy Holdings reaches FID on Mustang Express Pipeline project
Oct 9 (Reuters) - Energy marketing services firm ARM Energy Holdings said on Thursday it has reached a final investment decision (FID) on its $2.3 billion Mustang Express Pipeline project in the U.S., along with its partner Pacific Investment Management Company.Reuters
Thu, Oct 9
