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Sanchez pressed to explain Spain's blackout; grid says solar not to blame
Sanchez under pressure to provide explanation for blackoutOpposition calls for independent investigationGrid operator accused of failure to invest in system upgrade MADRID, April 30 (Reuters) - Spain's grid operator denied on Wednesday that dependence on solar power was to blame for the count...Reuters
Wed, Apr 30
TotalEnergies CEO says Mozambique LNG project to move ahead, launch by mid-year
PARIS, April 30 (Reuters) - TotalEnergies TTEF.PA CEO Patrick Pouyanne said on Wednesday that partners on its long-delayed Mozambique LNG project have decided to move ahead and launch by the middle of the year.A nearly $5 billion loan for the project was recently approved by U.S. Exim Bank. Pouyanne...Reuters
Wed, Apr 30
PRECIOUS-Gold extends fall as dollar gains, trade tensions ease
US PCE data due later in the dayGold heads for fourth monthly gainSilver down more than 2%By Brijesh Patel April 30 (Reuters) - Gold prices fell for the second straight session on Wednesday, hurt by a stronger dollar and signs of de-escalation in U.S.-China trade tensions, while focus was also on...Reuters
Wed, Apr 30
RWE to decide on share buyback extension in early 2026, CFO says
FRANKFURT, April 30 (Reuters) - RWE RWEG.DE will decide in early 2026 on whether to extend a standing 1.5 billion euro ($1.7 billion) share buyback programme, CFO Michael Mueller told shareholders at the group's annual general meeting.RWE's Chief Executive Markus Krebber also said the progra...Reuters
Wed, Apr 30
Kyiv is ready to sign resources deal with US, Ukraine government source says
KYIV, April 30 (Reuters) - Ukraine is ready to sign a resources deal with the United States and could do so later on Wednesday, a Ukrainian government source told Reuters."I think maybe late evening Kyiv time the deal there can be signed," the source said.Reuters
Wed, Apr 30
Coca-Cola beats results estimates, warns tariffs could hurt sentiment
April 29 (Reuters) - Coca-Cola's KO.N quarterly revenue and profit beat estimates on Tuesday thanks to price hikes and strong demand for its sodas, but the beverage giant warned U.S. tariffs could impact costs and hurt consumer sentiment going ahead.
Reuters
Wed, Apr 30
US House Republicans to drop $20 vehicle registration fee, boost proposed EV fee to $250
WASHINGTON, April 30 (Reuters) - U.S. House Republicans will drop a proposed $20 federal annual registration fee on all vehicles starting in 2031 to fund road repairs and will now propose a new $250 annual fee on electric cars as part of a tax reform bill under consideration.The House Transportation...Reuters
Wed, Apr 30
Equinor says it could lose billions on Trump's wind power clampdown
Asks US to reverse decision to block Empire WindSays US government's stop order unlawfulOverall financial exposure so far is $4.5 blnRisks impairment of $2.5 bln book valueBy Nora Buli and Nerijus Adomaitis OSLO, April 30 (Reuters) - Equinor EQNR.OL stands to lose billions of dollars on its m...Reuters
Wed, Apr 30
GRAINS-Chicago wheat rises after losses, improved US weather caps gains
Rains in U.S. Plains seen boosting winter crop outlookRapid pace of corn, soybean planting amid demand uncertainty By Naveen Thukral, Sybille de La Hamaide SINGAPORE/PARIS, April 30 (Reuters) - Chicago wheat futures rose for the first time in three sessions on Wednesday, with bargain-hunting supp...Reuters
Wed, Apr 30
Generac posts quarterly profit beat, but cuts 2025 forecast on tariff uncertainty
April 30 (Reuters) - Power equipment maker Generac Holdings GNRC.N reported better-than-expected first-quarter profit on Wednesday, but trimmed its annual forecast as uncertainty from tariffs clouded its demand outlook.The company forecast its full-year net income margin to be between 6.5% and 8.5%,...Reuters
Wed, Apr 30
In Trump's first 100 days, US energy dominance plans roiled by trade uncertainty
US oil prices slump over 20% to four-year lows since Jan. 20Trump's trade policies muddle US oil outlook, cutting growth forecastsLNG fares better under Trump, with increased export approvalsCoal struggles to regain market share despite policy supportBy Stephanie Kelly, Timothy Gardner and Curti...Reuters
Wed, Apr 30
EXCLUSIVE-RWE's top shareholder group opposes call for more share buybacks
By Tom Käckenhoff and Christoph Steitz DUESSELDORF/FRANKFURT, April 30 (Reuters) - RWE's RWEG.DE municipal shareholders, the biggest investor bloc in Germany's top power producer, are opposed to calls for more share buybacks, including from activist investor Elliott, saying they would dra...Reuters
Wed, Apr 30
South Korea's SK Innovation says refining margins will improve after surprise Q1 loss
By Heekyong Yang and Joyce Lee SEOUL, April 30 (Reuters) - SK Innovation Co Ltd 096770.KS, owner of South Korea's biggest oil refiner SK Energy, swung to an unexpected operating loss in the first quarter on weaker oil prices, but forecast a recovery in refining margins in the second quarter....Reuters
Wed, Apr 30
UK's Genus secures FDA approval for PRP gene edit; shares soar
By Chandini MonnappaApril 30 (Reuters) - British animal genetics company Genus GNS.L on Wednesday said the U.S. Food and Drug Administration (FDA) approved its PRP gene edit under its PRRS Resistant Pig ("PRP") programme for use in the U.S. food supply chain.The gene edit is designed to prov...Reuters
Wed, Apr 30
UK's Genus secures FDA approval for PRP gene edit; shares soar
By Chandini MonnappaApril 30 (Reuters) - British animal genetics company Genus GNS.L on Wednesday said the U.S. Food and Drug Administration (FDA) approved its PRP gene edit under its PRRS Resistant Pig ("PRP") programme for use in the U.S. food supply chain.The gene edit is designed to prov...Reuters
Wed, Apr 30
Shanghai copper prices set to surge as big stock withdrawals continue
SHANGHAI, April 30 (Reuters) - Copper inventories on the Shanghai Futures Exchange (ShFE) declined this week, marking a second week of double-digit withdrawals that traders say could trigger a surge in prices and imports.Copper inventories on the ShFE CU-STX-SGH fell by 27,446 metric tons to 89,307 ...Reuters
Wed, Apr 30
Repsol Will Not Make New Investment Decision Before U.S.-EU Negotiations Results
April 30 (Reuters) - Repsol's REP.MC Chief Executive Josu Jon Imaz:U.S. TARIFFS WOULD NOT IMPACT PROJECTS ALREADY APPROVED BUT WE WILL NOT TAKE NEW INVESTMENT DECISION BEFORE WE KNOW OUTCOME OF U.S.-EU NEGOTIATIONSSource text: [ID:]Reuters
Wed, Apr 30
ICSG expects Copper surplus to persist – ING
In its latest forecasts, the International Copper Study Group (ICSG) expects the global Copper market to see a supply surplus of 289kt in 2025, largely on higher mine supply and rising smelting capacity, compared to the 194kt of surplus projected earlier and 138kt of surplus seen last year.Fxstreet
Wed, Apr 30
