News
Important Only
S&P cuts Woodside's credit outlook to 'negative' after LNG investment decision
May 1 (Reuters) - S&P Global Ratings revised the credit outlook for Australia's Woodside WDS.AX to "negative" from "stable" on Thursday after the energy company reached a final investment decision of $17.5 billion on its Louisiana liquefied natural gas project.Woodside decidi...Reuters
Thu, May 1
Japan Mitsui's annual net profit down 15%, misses expectations
TOKYO, May 1 (Reuters) - Japanese trading house Mitsui 8031.T on Thursday posted a 900.3 billion yen ($6.3 billion) net profit for the year ended in March, 15.4% down from a year ago and missing analysts' expectations. An LSEG poll of analysts had expected Mitsui to post 913.6 billion yen in ann...Reuters
Thu, May 1
S&P cuts Australia's Woodside's credit outlook to negative post LNG investment decision
May 1 (Reuters) - S&P Global Ratings revised the credit outlook for Australia's Woodside WDS.AX to "negative" from "stable" on Thursday after the energy company reached a final investment decision of $17.5 billion on its Louisiana liquefied natural gas project.Woodside's ...Reuters
Thu, May 1
METALS-London copper edges higher; strong dollar, weak US economic data cap gains
NEW DELHI, May 1 (Reuters) - London copper edged up on Thursday following comments from U.S. President Donald Trump on a potential trade deal with China, signalling de-escalation with the top metals consumer but a stronger dollar and weak U.S. growth data capped gains.Benchmark copper CMCU3 on the L...Reuters
Thu, May 1
CORRECTED-Oil prices take breather after selloff on supply worries
By Arathy Somasekhar May 1 (Reuters) - Oil prices edged higher on Thursday, steadying slightly after sharp losses on the previous day driven by signs Saudi Arabia could produce more, and as the U.S. economy contracted in the first quarter. Brent crude futures LCOc1 rose 16 cents, or 0.3%, to $61...Reuters
Thu, May 1
US farm agency to require DOGE approval for some loans
Farm loans over $500,000 will need DOGE approval under new policyFarmers rely on loans for operational and land costsTrump staff cuts at farm agency have raised concerns about services to farmersBy Leah Douglas and P.J. Huffstutter WASHINGTON, April 30 (Reuters) - Farm loan employees at the U.S. ...Reuters
Thu, May 1
PRECIOUS-Gold retreats on firm dollar, US payrolls data on tap
May 1(Reuters) - Gold was subdued on Thursday on the dollar's strength, while investors awaited more clarity on trade policy between the U.S. and its trading partners, and looked forward to the U.S. non-farm payrolls report due this week.FUNDAMENTALS * Spot gold XAU= fell 0.7% to $3,265.45 an ou...Reuters
Thu, May 1
Australia's centre-left Labor likely to retain power as Trump concerns weigh, polls show
Trump's policies a major concern for 48% voters: RedBridge poll Labor may win up to 85 seats in 150-seat lower house: YouGovMillennials and Gen Z voters help lift Labor support By Renju Jose SYDNEY, May 1 (Reuters) - Australia's centre-left Labor government is likely to retain power in a ...Reuters
Thu, May 1
GRAINS-Corn prices inch higher on US export demand
CANBERRA, May 1 (Reuters) - Chicago corn and wheat futures rose slightly on Thursday after sharp declines earlier in the week, with corn supported by U.S. export demand and wheat by bargain-hunting. Soybeans edged lower as large South American harvests and a lack of Chinese demand for U.S. crops...Reuters
Thu, May 1
Gold Price Forecast: XAU/USD attracts some sellers below $3,250 on firmer US Dollar
The Gold price (XAU/USD) extends the decline to around $3,245 during the early Asian session on Thursday. The precious metal edges lower to near a two-week low amid easing US-China trade tensions and stronger US Dollar (USD) demand.
Fxstreet
Thu, May 1
Ukraine, US sign minerals deal sought by Trump
Deal positions two countries to boost Ukraine's recoveryUkraine official says US may provide new assistanceSigning follows months of negotiations, frayed tiesUkraine official says Kyiv decides what, where to mineBy Tom Balmforth, Yuliia Dysa and Trevor Hunnicutt KYIV/WASHINGTON, April 30 (Reu...Reuters
Thu, May 1
Some US trade deals could be reached in weeks but no China talks under way, USTR Greer says
By David Lawder WASHINGTON, April 30 (Reuters) - The Trump administration expects to conclude initial tariff deals with some U.S. trading partners within weeks, but negotiations with India are not "finish-line close" and no official talks with China are under way, U.S. Trade Representativ...Reuters
Wed, Apr 30
Bayer to exit US seed treatment equipment business, email says
By Tom Polansek CHICAGO, April 30 (Reuters) - Bayer BAYGn.DE is exiting the seed treatment equipment business in the United States to help the company's finances, according to an email sent to customers that was seen by Reuters on Wednesday.The German maker of drugs and farming pesticides has...Reuters
Wed, Apr 30
CIF/FOB Gulf Grain-Corn and soybean barge basis bids tick higher
CHICAGO, April 30 (Reuters) - Basis bids for corn and soybeans delivered by barge to U.S. Gulf Coast terminals ticked higher on Wednesday, as freight costs remained elevated and exporter demand for corn was steady, traders said.CIF Gulf corn barges loaded in May traded at 75 cents over Chicago Board...Reuters
Wed, Apr 30
LIVESTOCK-CME cattle futures pull back from contract highs
By Tom Polansek CHICAGO, April 30 (Reuters) - Chicago Mercantile Exchange live cattle and feeder cattle futures fell on Wednesday in a setback from recent contract highs.Profit-taking dragged down prices as economic concerns increased following a first-quarter U.S. economic contraction, livestock...Reuters
Wed, Apr 30
Some US trade deals could be reached in weeks but no China talks underway, USTR Greer says
WASHINGTON, April 30 (Reuters) - U.S. Trade Representative Jamieson Greer said on Wednesday that the Trump administration expects to conclude initial tariff deals with some U.S. trading partners within weeks, but negotiations with India are not yet "finish-line close" and no official talks w...Reuters
Wed, Apr 30
Phillips 66 Borger, Texas Refinery Reports Emissions
April 30 (Reuters) - Phillips 66 PSX.N:REPORTS EMISSION AT JV BORGER, TEXAS REFINERY AFTER IT FOUND A RELEASE OF BENZENE TO AIR THAT OCCURRED AT TANK 4030 AND IS ONGOINGSOURCE - TEXAS COMMISSION ON ENVIRONMENTAL QUALITY FILINGCAPACITY - 149,000 BARRELS PER DAYReuters
Wed, Apr 30
US, Ukraine sign minerals deal, Bloomberg News reports
April 30 (Reuters) - The United States and Ukraine have signed an agreement over access to Ukraine’s natural resources, Bloomberg News reported on Wednesday.The deal will provide the U.S. privileged access to new investment projects to develop Ukraine's natural resources, including aluminum, gra...Reuters
Wed, Apr 30
US farm agency to require DOGE approval for some loans
Farm loans over $500,000 will need DOGE approval under new policyFarmers rely on loans for operational and land costsTrump staff cuts at farm agency have raised concerns about services to farmersBy Leah Douglas and P.J. Huffstutter WASHINGTON, April 30 (Reuters) - Farm loan employees at the U.S. ...Reuters
Wed, Apr 30
Albemarle maintains 2025 outlook due to lithium tariff exemptions
April 30 (Reuters) - Albemarle ALB.N, the world's largest producer of lithium for electric vehicle batteries, said on Wednesday it has not yet been affected by the flurry of tariffs bouncing around the global economy and would thus maintain its 2025 outlook. The Charlotte, North Carolina-bas...Reuters
Wed, Apr 30
