News
Important Only
CK Hutchison sees "reasonable chance" of $22.8 bln ports sale going through
Firm hopes for deal capable of getting all regulatory approvalsDeal requires approval from China, US, UK, EU, and othersChairman Victor Li misses analyst briefing for first timeH1 underlying profit up 11%, net profit down 92%By Clare Jim and Donny Kwok HONG KONG, Aug 14 (Reuters) - CK Hutchison 0...Reuters
Thu, Aug 14
Brazil crop agency raises total corn, export forecasts
SAO PAULO, Aug 14 (Reuters) - Brazilian farmers are expected to harvest 137 million metric tons of corn in 2024/25, crop agency Conab said on Thursday after raising its estimate for second-corn production by 5 million tons to 109.6 million tons.Conab also increased its Brazilian corn export forecast...Reuters
Thu, Aug 14
Equinix enters into multiple advanced nuclear deals to power data centers
By Laila Kearney NEW YORK, Aug 14 (Reuters) - Major data center developer and operator Equinix EQIX.O has entered into several advanced nuclear electricity deals, including power purchase agreements for fission energy and pre-ordering microreactors for its operations, the company said on Thursday...Reuters
Thu, Aug 14
Sustainable Switch-DR Congo and the cost of tech
Aug 14 (Reuters) - By Sharon KimathiEnergy and ESG Editor, Reuters Digitalsharon.kimathi@thomsonreuters.comHello!All aspects of environment, social and governance issues are high on the agenda in today’s focus as we look at the mineral-rich but conflict-stricken Democratic Republic of Congo.Here, ...Reuters
Thu, Aug 14
Freeport LNG export plant in Texas on track to pull in more natgas on Thursday, LSEG data shows
Aug 14 (Reuters) - U.S. liquefied natural gas company Freeport LNG's export plant in Texas was on track to take in more natural gas on Thursday in a sign that one of its liquefaction trains exited an outage on Wednesday, according to a company filing with state regulators and gas flow data from ...Reuters
Thu, Aug 14
Cannabis market-focused mortgage REIT Advanced Flower Capital misses Q2 estimates, to convert to BDC
OverviewAdvanced Flower Capital Q2 GAAP net loss of $13.2 mln, reflecting cannabis market challengesDistributable Earnings of $3.4 mln missed analyst expectations, per LSEG dataCo plans to convert from mortgage REIT to BDC, expanding investment opportunitiesOutlookCompany plans to convert from REIT ...Reuters
Thu, Aug 14
India BPCL buys 10 million barrels of US oil via 5-mth tender, sources say
By Nidhi VermaNEW DELHI, Aug 14 (Reuters) - India's state-run Bharat Petroleum Corp BPCL.NS has awarded a five-month tender to buy 10 million barrels of U.S. oil to European trader Glencore, two people with knowledge of the matter said, aiding India's efforts to deepen energy ties with Washi...Reuters
Thu, Aug 14
Auxly Cannabis Q2 net income surges 315% to C$8.3 mln
OverviewAuxly Q2 net revenue rises 33% yr/yr to C$38.8 mlnAdjusted EBITDA for Q2 jumps 123% yr/yr to C$11.6 mlnNet income for Q2 surges 315% yr/yr to C$8.3 mlnOutlookAuxly expects continued revenue growth in H2 2025Company plans $1.5 mln to $2.5 mln for capital projects in 2025Auxly evaluating expor...Reuters
Thu, Aug 14
Hapag-Lloyd lowers 2025 earnings forecast, seeks savings
H1 profit slipped despite higher revenue, more boxes moved Impact of Suez crisis, tariffs, Gemini venture hiked costsSavings programme underway, of which Gemini to bring halfMay improve revenue, but shipping costs are eating up gainsBy Vera Eckert FRANKFURT, Aug 14 (Reuters) - Container shipp...Reuters
Thu, Aug 14
PRECIOUS-Gold edges lower on firmer dollar as investors await US economic data
Fed interest rate cut near certain after inflation dataFocus on US Producer Price Index, jobless claims data By Anmol Choubey Aug 14 (Reuters) - Gold prices edged down on Thursday due to a slight uptick in the U.S. dollar index, although expectations of a Federal Reserve interest rate cut in Se...Reuters
Thu, Aug 14
Aya Gold & Silver Q2 revenue up 182%, beats estimates
OverviewAya Gold & Silver Q2 revenue rises 182% YoY, beating analyst expectationsSilver production up 141% YoY, driven by Zgounder plant ramp-upCo closed C$144 mln financing, ending Q2 with $114 mln in cashOutlookCompany expects strong milling throughput with recoveries exceeding feasibility rat...Reuters
Thu, Aug 14
Trump administration to unveil tougher solar and wind subsidy rules
Treasury to revise clean energy tax credit rulesDevelopers may face stricter cost and construction requirementsSome firms accelerate projects amid regulatory uncertaintyBy Nichola Groom Aug 14 (Reuters) - The Trump administration is expected as soon as Monday to take another step toward curbing t...Reuters
Thu, Aug 14
Dillard's beats Q2 revenue, net income expectations
OverviewDillard's Q2 revenue rises 1% yr/yr, beating analysts' expectations, per LSEG dataNet income beats estimates at $72.8 mln, per LSEG dataEPS for Q2 exceeds expectations at $4.66, per LSEG dataOutlookCompany estimates 2025 capital expenditures at $120 mlnCompany expects 2025 depreciati...Reuters
Thu, Aug 14
Indian state refiners eye Russian oil as discounts widen, sources say
By Nidhi Verma NEW DELHI, Aug 14 (Reuters) - Indian state refiners have started making enquiries with trading firms about purchases of Russia's Urals crude oil as discounts widen, three people with knowledge of the matter said on Thursday, ahead of a high-profile meeting of U.S. and Russian l...Reuters
Thu, Aug 14
Singapore fuel oil stockpiles ease but hold well above average
SINGAPORE, Aug 14 (Reuters) - Onshore fuel oil stockpiles in Singapore retreated after hitting a more than a seven-month high in the previous week, but continued to hold well above typical averages, data showed on Thursday. Residual fuel inventories STKRS-SIN fell 6.4% to 24.65 million barrels (3.8...Reuters
Thu, Aug 14
CK Hutchison Sees Ports Sale Talks Have "Reasonable Chance" To Lead To A Deal
Aug 14 (Reuters) - CK Hutchison Holdings Ltd 0001.HK:CK HUTCHISON: SEES LATEST DEVELOPMENT IN PORTS SALE TALKS HAVE A "REASONABLE CHANCE" TO LEAD TO A DEALCK HUTCHISON: PORTS DEAL WILL REQUIRE REGULATORY APPROVAL FROM CHINA, US, UK, EU AND OTHER RELEVANT COUNTRIESSource text: [ID:]Reuters
Thu, Aug 14
Middle East Crude-Benchmarks gain on Russian supply risk
SINGAPORE, Aug 14 (Reuters) - Middle East crude benchmark spot premiums of Oman, Dubai and Murban gained on Thursday, as U.S. President Donald Trump's latest threat on Russia triggered some supply concerns.Trump threatened "severe consequences" if Russia's Vladimir Putin does not agr...Reuters
Thu, Aug 14
