News
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US natgas futures fall 5% to 3-week low on rising output
US LNG export feedgas hit record high in AprilUS gas output hit record high in AprilUS gas storage about 3% over five-year normalBy Scott DiSavino May 19 (Reuters) - U.S. natural gas futures fell about 5% to a three-week low on Monday on a small increase in output over the last few days even thou...Reuters
Mon, May 19
Rokstone and AIR Parametric get Liberty capacity for parametric US dairy industry cover
By Chris MunroMay 19 - (The Insurer) - Rokstone Agriculture has partnered with AIR Parametric and launched an innovative product that provides U.S-based dairy producers with protection against the impact of heat stress on their herds, with the new coverage backed by admitted capacity from Liberty Mu...Reuters
Mon, May 19
Russia initiates dispute consultations on EU's carbon border adjustment package, WTO says
May 19 (Reuters) - The World Trade Organization on Monday said that Russia has requested WTO dispute consultations with the European Union and member states concerning EU's "Carbon Border Adjustment Mechanism Package".Reuters
Mon, May 19
US natgas prices at Waha hub in Texas fall into negative territory
By Scott DiSavino May 19 (Reuters) - U.S. natural gas prices for Monday in the Permian shale basin in West Texas turned negative as spring pipeline maintenance and other constraints trap gas in the nation's biggest oil-producing basin.Financial firm LSEG said average gas output in the Lower 4...Reuters
Mon, May 19
Heavy rains kill 6 in China's south, disaster alerts issued
HONG KONG, May 19 (Reuters) - Heavy weekend rains in China's southern Guangdong and Guangxi provinces killed at least six people and disrupted trains and power supply, state media said, with alerts issued for severe flooding and geological disasters in parts of the country.China's National M...Reuters
Mon, May 19
CBOT Trends-Wheat up 1-6 cents, corn and soybeans up 1-4 cents
CHICAGO, May 19 (Reuters) - The 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 Monday.WHEAT - Up 1 to 6 cents per bushel* CBOT wheat futures higher for the fourth time in five sessions, supported by a w...Reuters
Mon, May 19
PRECIOUS-Gold prices rebound on dollar weakness, US downgrade
Moody's downgrade adds to investor worry about US fiscal pathDollar down 0.8% China April industrial output, retail sales growth slowBy Brijesh Patel and Ishaan Arora May 19 (Reuters) - Gold prices rose more than 1% on Monday, helped by a weaker dollar and safe-haven demand after Moody's ...Reuters
Mon, May 19
US senator questions Brazilian meatpacker JBS over Trump inaugural fund donations
By Leah Douglas WASHINGTON, May 19 (Reuters) - U.S. Senator Elizabeth Warren is pushing Brazilian meatpacker JBS SA JBSS3.SA to explain its $5 million donation to the Trump-Vance Inaugural Committee and whether the money courted the Trump administration's recent approval of its listing on the...Reuters
Mon, May 19
FACTBOX-US utilities on dealmaking spree to blockbuster 2025
May 19 (Reuters) - With electricity demand in the United States set to hit record highs over the next two years, utilities are doubling down on assets that can boost their power generation capacity while shedding others to fund their massive spending plans.The U.S. utilities sector - which includes ...Reuters
Mon, May 19
PRESS DIGEST-Canada - May 19
May 19 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL** The federal government will present a budget in the fall, Canada Prime Minister Mark Carney said on Sunday, revers...Reuters
Mon, May 19
US severe weather outbreak to cost insurers $5 billion: BMS
By Scott VincentMay 19 - (The Insurer) - Severe weather across multiple U.S. states from May 16 to 18 will likely result in insured losses of around $5 billion, BMS senior meteorologist Andrew Siffert said in a LinkedIn post. Siffert said this would take the tally of insured losses in the U.S. from...Reuters
Mon, May 19
Italy's data watchdog fines AI company Replika's developer $5.6 million
MILAN, May 19 (Reuters) - Italy's data protection agency has fined the developer of artificial intelligence (AI) chatbot company Replika 5 million euros ($5.64 million) for breaching rules designed to protect users' personal data, the authority said on Monday. Launched in 2017, San Francisco...Reuters
Mon, May 19
EU's von der Leyen says EU-UK accords show Europe sticks together
LONDON, May 19 (Reuters) - European Commission President Ursula von der Leyen said agreements announced on Monday at a summit between the EU and Britain sent a message that the countries of Europe stick together."The message we are sending to the world today is (that)... at a time of global inst...Reuters
Mon, May 19
PM Starmer hails 'new era' between Britain and the EU
LONDON, May 19 (Reuters) - British Prime Minister Keir Starmer said on Monday a new defence and trade agreement with the European Union marked a new era in their relationship following Brexit. "This is the first UK-EU summit," he told reporters. "It marks a new era in our relationship, a...Reuters
Mon, May 19
Portugal's far-right Chega surges as ruling party misses majority
Ruling centre-right party wins most seats, short of majorityPortugal holds third election in three yearsAnti-immigration Chega party could become main oppositionBy Sergio Goncalves, Catarina Demony and Andrei Khalip LISBON, May 19 (Reuters) - Portugal's far-right Chega won a record vote share...Reuters
Mon, May 19
GRAINS-Soybean prices rebound, improved US weather limits upside
Soybeans up after falls late last week, bargain buying supportsWheat firms on worries over Chinese crop conditions; corn risesBy Michael Hogan HAMBURG, May 19 (Reuters) - Chicago soybeans, corn and wheat rose on Monday, supported by a weaker dollar which makes U.S. supplies cheaper in export mark...Reuters
Mon, May 19
