News
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Disney earnings soar on resilient streaming, US parks revenue
Disney+ gains 1.4 million users, taking total to 126 millionDomestic parks & experience operating income up 13% Plans new theme park in Abu DhabiShares rise 5.8% in premarket tradingBy Lisa Richwine and Dawn Chmielewski LOS ANGELES, May 7 (Reuters) - In an earnings quarter teeming with uncert...Reuters
Wed, May 7
Greece, Egypt agree to boost ties, back Gaza reconstruction plan
ATHENS, May 7 - Greece and Egypt signed a "strategic partnership" deal on Wednesday as they seek to step up political coordination to help safeguard stability in the Eastern Mediterranean amid the ongoing war in Gaza. "Our bilateral cooperation is based on political, economic, and cul...Reuters
Wed, May 7
U.S. nuclear power plant outages
May 7 (Reuters) - The following table lists total U.S. nuclear power generation capacity and the capacity offline due to planned and unplanned reasons, according to the daily data from the U.S. Nuclear Regulatory Commission.Total capacity EL-USTOTCAP-MW ......... 96,986 MW Total o...Reuters
Wed, May 7
Grisly Peru mining murders spotlight 'gold curse' in the Andes
By Sebastian Castaneda, Marco Aquino TRUJILLO, Peru, May 7 (Reuters) - Peruvian mining sector worker Frank Monzón was aware of the risks, but the lure of gold deep in the Andean rock of northern Pataz province outweighed the danger. Now he and 12 others are dead in one of the country's worst ...Reuters
Wed, May 7
Saudi Arabia welcomes Yemen ceasefire to protect international navigation
CAIRO, May 7 (Reuters) - Saudi Arabia welcomed what it described as the ceasefire in Yemen, announced by Oman, aiming to protect international navigation and trade, the kingdom's foreign ministry said on Wednesday.Oman said a day earlier that it mediated a ceasefire deal between Yemen's Iran...Reuters
Wed, May 7
Utility Vistra posts quarterly loss on derivative challenges, higher costs
May 7 (Reuters) - Vistra Corp VST.N swung to a loss in the first quarter on Wednesday, as the independent power producer was hurt by setbacks in its hedging activities and higher costs, sending its shares down nearly 6% in early trading.The company said the quarterly deficit was driven primarily by ...Reuters
Wed, May 7
CBOT Trends-Wheat steady-up 2 cents, corn up 3-5, soybeans up 3-12 cents
CHICAGO, May 7 (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 Wednesday.WHEAT - Steady to up 2 cents per bushel* CBOT wheat futures received support from reports of a planned meeting bet...Reuters
Wed, May 7
Barrick CEO says spending $15 mln a month on Mali mine
By Divya Rajagopal TORONTO, May 7 (Reuters) - Barrick ABX.TO CEO Mark Bristow said the miner is spending $15 million a month to keep its Mali mine running, and that he does not know where the government is keeping the gold that it confiscated from the company.Speaking in an interview about the lo...Reuters
Wed, May 7
Goldman Sachs raises copper price forecast on resilient Chinese demand
May 7 (Reuters) - Goldman Sachs on Wednesday hiked its quarterly copper price forecast, citing de-escalation in trade tensions and resilient Chinese copper demand that will likely continue to support price in the coming months."We upgrade our 2Q/3Q price forecast to $9,330/$9,150/t from $8,620/$...Reuters
Wed, May 7
PRESS DIGEST-Canada - May 7
May 7 (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 premiers of Ontario and Alberta differed on the success of Prime Minister Mark Carney's first in-person mee...Reuters
Wed, May 7
Ivory Coast raises projected cashew output as threatened tariffs hit exports
ABIDJAN, May 7 (Reuters) - Ivory Coast, the world's biggest cashew grower, has raised its projected output to 1.3 million metric tons from 1.15 million tons even as potential U.S. tariffs and a falling dollar drag down exports, the head of the sector regulator told Reuters.The production increas...Reuters
Wed, May 7
Work halted at coal processing plant in Russia's Far East after four injured in fire
May 7 (Reuters) - A major coal processing plant in far northeastern Russia halted work after a fire injured four people, the plant's owner, Russian miner Mechel MTLR.MM, said on Wednesday.Mechel said in statements that work had been stopped and staff evacuated from the plant in Neryungri in the ...Reuters
Wed, May 7
Freeport LNG export plant in Texas on track to exit outage on Wed, LSEG data shows
May 7 (Reuters) - U.S. liquefied natural gas (LNG) company Freeport LNG's export plant in Texas was on track to take in more natural gas on Wednesday after shutting on Tuesday, a sign the plant was exiting an outage, according to gas flow data from financial firm LSEG.Officials at Freeport LNG h...Reuters
Wed, May 7
RPT-COLUMN-Global energy product exports slow as trade worries mount: Maguire
By Gavin MaguireLITTLETON, Colorado, May 7 (Reuters) - Shipments of most widely-traded energy products are slowing in sync with the global economy, which has been stunned by the tough new tariffs imposed by U.S. President Donald Trump so far this year. Exports of crude oil, gasoline, diesel and ther...Reuters
Wed, May 7
GRAINS-Chicago soy, corn and wheat higher on China-US trade optimism
BEIJING/PARIS, May 7 (Reuters) - Chicago soybean and grain futures rose on Wednesday as news of a planned meeting between senior U.S. and Chinese officials boosted hopes for easing trade tensions between the world's two largest economies.A weaker dollar =USD and steady crude oil prices LCOc1 als...Reuters
Wed, May 7
Freeport LNG export plant in Texas on track to exit outage on Wed, LSEG data shows
May 7 (Reuters) - U.S. liquefied natural gas (LNG) company Freeport LNG's export plant in Texas was on track to take in more natural gas on Wednesday after shutting on Tuesday, a sign the plant was exiting an outage, according to gas flow data from financial firm LSEG.Officials at Freeport LNG w...Reuters
Wed, May 7
Elementl Power And Google Sign Strategic Agreement To Develop Locations For Advanced Nuclear Projects
May 7 (Reuters) - Alphabet Inc GOOGL.O:ELEMENTL POWER AND GOOGLE SIGN STRATEGIC AGREEMENT TO DEVELOP LOCATIONS FOR ADVANCED NUCLEAR PROJECTSELEMENTL POWER: STRATEGIC AGREEMENT WITH GOOGLE TO PRE-POSITION THREE PROJECT SITES FOR ADVANCED NUCLEAR ENERGYELEMENTL POWER: EACH PROJECT WITH GOOGLE WOULD GE...Reuters
Wed, May 7
