News
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CBOT Trends-Wheat up 6-11 cents, corn up 2-3, soy up 2-4
CHICAGO, May 2 (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 Friday. WHEAT - Up 6 to 11 cents per bushel* Wheat futures ticked up on increased optimism over the U.S.-China trade rel...Reuters
Fri, May 2
COLUMN-US-Ukraine deal is heavy on symbolism, light on minerals: Andy Home
By Andy Home LONDON, May 2 (Reuters) - U.S President Donald Trump's minerals deal with Ukraine is a big symbolic win for both sides.Ukraine gets a long-term commitment for U.S. investment in "a free, sovereign, and secure Ukraine". The United States gets a stake in Ukraine's futur...Reuters
Fri, May 2
ISSB proposes to remove insurance-associated emissions from reporting standard
By Rebecca DelaneyMay 2 - (The Insurer) - The International Sustainability Standards Board (ISSB) proposed an amendment on Monday that would remove insurance-associated emissions from Scope 3 emissions reporting requirements.The amendment relates to the International Financial Reporting Standards’ s...Reuters
Fri, May 2
UK-India investment treaty lets companies sue government, sources say
Britain, India work to clinch free trade, investment dealsISDS gives companies protection outside of local lawsEnvironmental policies have fallen foul of mechanismBritain says businesses need fair treatment in any dealBy Alistair Smout LONDON, May 2 (Reuters) - An investment treaty between Britai...Reuters
Fri, May 2
Agnico Eagle calls for Canadian Arctic strategy amid US threats
Canada's North holds significant resources; gold, critical mineralsAgnico Eagle is not interested in buying Barrick's Canadian mineBy Divya RajagopalTORONTO, May 2 - Agnico Eagle Mines AEM.TO, Canada's biggest gold miner, wants the new government to develop a formal Arctic strategy in re...Reuters
Fri, May 2
Iran rejects U.S. 'threats' after Trump demands halt to purchases of its oil
DUBAI, May 2 (Reuters) - Iran's Foreign Ministry said Tehran rejects "threats and pressure" after U.S. President Donald Trump said all purchases of Iranian oil or petrochemicals products must stop, state media reported on Friday.Reuters
Fri, May 2
Shell profit beats expectations, buybacks kept steady
Q1 adjusted earnings $5.58 billion above forecast $4.96 billionWill buy back shares worth $3.5 billion in next three monthsContrasts with BP that cut buybacks this yearCEO says would rather buy back more shares than bid for BPBy Shadia Nasralla LONDON, May 2 (Reuters) - Shell SHEL.L exceeded anal...Reuters
Fri, May 2
International Petroleum Corp expected to post earnings of 14 cents a share - Earnings Preview
International Petroleum Corp IPCOR.ST is expected to show a fall in quarterly revenue when it reports results on May 6 for the period ending March 31 2025The Vancouver British Columbia-based company is expected to report a 13.5% decrease in revenue to $178.53 million from $206.42 million a year a...Reuters
Fri, May 2
PRESS DIGEST-Canada - May 2
May 2 (Reuters) - The following are the top stories from a selected Canadian newspaper. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL-Canadian-made auto parts exported to the United States, which were previously expected to be hit with steep levies t...Reuters
Fri, May 2
Canada's Imperial Oil posts rise in first-quarter profit
May 2 (Reuters) - Canadian oil producer Imperial Oil IMO.TO posted a rise in first-quarter profit on Friday, buoyed by improved refining margins.The Calgary, Alberta-based company said its net income rose to C$1.29 billion ($933.23 million), or C$2.52 per share, in the quarter ended March 31, from C...Reuters
Fri, May 2
PRECIOUS-Gold gains on bargain hunting ahead of key US jobs data
China evaluating US offer to negotiate tariffsFocus on US non-farm payrolls data due at 1230 GMTGold down 1.5% so far this weekBy Brijesh Patel May 2 (Reuters) - Gold rose on Friday on bargain-hunting ahead of U.S. non-farm payrolls report, after prices touched a two-week low in the previous sess...Reuters
Fri, May 2
World food prices increase in April, UN's FAO says
LONDON, May 2 (Reuters) - Global food commodity prices increased in April, driven by higher cereal, meat and dairy product prices that outweighed falls in sugar and vegetable oils, the United Nations' Food and Agriculture Organization said on Friday.The FAO Food Price Index, which tracks monthly...Reuters
Fri, May 2
RPT-COLUMN-Chicago corn still chasing 50-year streak as prices stagnate: Braun
By Karen Braun NAPERVILLE, Illinois, May 1 (Reuters) - U.S. farmers are now in the thick of corn-planting, a period usually filled with anticipation for the upcoming harvest potential.But the markets may not be bringing much joy to producers given that new-crop Chicago corn futures started May on...Reuters
Fri, May 2
Chennai Petroleum Exec: Getting Good Offers For Purchase Of US, African Crudes Via Tenders
May 2 (Reuters) - CHENNAI PETROLEUM CORP EXEC CHPC.NS:GETTING GOOD OFFERS FOR PURCHASE OF US, AFRICAN CRUDES VIA TENDERSSEE POSSIBLE EARLY ROLE OUT OF SUSTAINABLE AVIATION FUEL Q4 GRM $6.22/BBL VS $7.7/BBL YR AGOSAW INVENTORY GAIN OF 1.25 BLN RUPEES IN Q4 BASRA CRUDE PART OF LONG-TERM PORTFOLIO FOR...Reuters
Fri, May 2
Environmental groups blast JBS's US listing approval; Wall Street praises it
Environmentalists criticize approval over deforestation, emissions claimsGroups highlight JBS's history of legal issuesWall St sees boost to world's top meatpacker stock priceGlobal Witness warns of limited ESG influence for minority shareholders By Ana Mano SAO PAULO, May 2 (Reuters) - T...Reuters
Fri, May 2
GRAINS-Soybeans rise for second session, US-China trade war caps gains
Soybeans set to end the week lower on demand worriesWheat rises, but faces weekly decline on improved weatherBy Naveen Thukral and Sybille de La Hamaide SINGAPORE/PARIS, May 2 (Reuters) - Chicago soybeans gained on Friday, with bargain-buying supporting prices, but the market was on track to end ...Reuters
Fri, May 2
Spain suffered multiple power incidents in the build up to full blackout
Power industry had sounded warnings Renewable energy boom makes grids vulnerableNuclear plant closures add to challengesBy David Latona, Emma Pinedo, Pietro Lombardi MADRID, May 2 (Reuters) - Spain suffered several power glitches and industry officials sounded repeated warnings about the instabil...Reuters
Fri, May 2
Volkswagen core brand group profit falls on EU carbon provision, US tariffs
May 2 (Reuters) - Volkswagen VOWG_p.DE on Friday said its first-quarter operating profit for the core brand group, which includes its best-selling VW brand, declined by 46.3%, impacted by EU carbon provisions and write-downs on inventory related to U.S. tariffs.The operating profit for the core bran...Reuters
Fri, May 2
ExxonMobil Says Economic Uncertainty, Threats Of Potential Increase In OPEC Supply, Has Put Pressure On Prices & Margins
May 2 (Reuters) - Exxon Mobil Corp XOM.N:EXXONMOBIL: ECONOMIC UNCERTAINTY, WITH THREATS OF POTENTIAL INCREASE IN OPEC SUPPLY, HAS PUT PRESSURE ON PRICES & MARGINS - PREPARED REMARKSEXXONMOBIL: REMAIN COMMITTED TO TAKING COSTS OUT OF THE BUSINESS - PREPARED REMARKSEXXONMOBIL: IF WE CAN IMPROVE NP...Reuters
Fri, May 2
Greece approves tender for hydrocarbons search in four offshore blocks
ATHENS, May 2 (Reuters) - Greece has approved an international tender for hydrocarbon exploration in four blocks in the Mediterranean Sea, following an expression of interest by Chevron CVX.N and Helleniq Energy HEPr.AT, the energy ministry said on Thursday.Greece this week issued a ministerial deci...Reuters
Fri, May 2
