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US CDC cancels science group workshop on preventing human bird flu infections
National Academy of Sciences workshop would have trained on proper use of PPEJune workshop was canceled this week after CDC contract terminationBird flu has infected 70 people in the past yearBy Leah Douglas WASHINGTON, April 29 (Reuters) - The National Academy of Sciences has canceled a workshop...Reuters
Tue, Apr 29
House Republicans propose $15 billion for air traffic control, new $200 EV fee
By David Shepardson WASHINGTON, April 29 (Reuters) - U.S. House Republicans are proposing $15 billion in new funding for air traffic control reform and a new $200 fee on electric cars as part of wide-range tax reform bill under consideration.The House Transportation and Infrastructure Committee o...Reuters
Tue, Apr 29
Spain, Portugal switch back on, seek answers after biggest ever blackout
Electricity restored to most of Spain, PortugalAuthorities under pressure to explain Monday's blackoutSpanish schools reopen, public transport restartsPower outage was one of biggest ever seen in Europe MADRID, April 29 (Reuters) - Spain and Portugal switched their power back on after the wor...Reuters
Tue, Apr 29
Billionaire investor John Paulson sees gold near $5,000 by 2028
By Ernest Scheyder April 29 (Reuters) - Central bank gold buying and global trade tensions are likely to push bullion prices to near $5,000 an ounce by 2028, billionaire investor John Paulson said in an interview during which he reinforced his commitment to U.S. mining projectsThe price forecast ...Reuters
Tue, Apr 29
BP reports 48% profit drop as strategy chief leaves
Profit of $1.38 billion misses analysts' $1.53 billionShares down 3.2%CEO signals option for further spending cutsShare buybacks at bottom of guided rangeShares down 4% after resultsBy Shadia Nasralla LONDON, April 29 (Reuters) - BP BP.L on Tuesday reported a deeper-than-expected 48% drop in ...Reuters
Tue, Apr 29
EXCLUSIVE-China waives tariffs on US ethane imports, sources say
Tariff waiver eases pressure on Chinese petrochemical firmsChina's tariff waiver not publicly announced yetChina buys nearly half of US ethane exportsBy Siyi Liu, Florence Tan SINGAPORE, April 29 (Reuters) - China has waived the 125% tariff on ethane imports from the United States imposed ear...Reuters
Tue, Apr 29
US natgas prices edge up to 2-week high on decline in daily output
U.S. LNG export feedgas on track to hit record high in AprilU.S. gas output on track to hit record high in AprilU.S. gas storage about 1% below five-year averageBy Scott DiSavino April 29 (Reuters) - U.S. natural gas futures edged up about 1% to two-week high on Monday as a bullish drop in daily ...Reuters
Tue, Apr 29
S&P Global sees credit rating breathing room for trade war rivals US and China
Rating damage expected to be concentrated on strained countriesKnock-ons like lower commodity prices could cause downgradesAnalyst downplays markets pricing in huge US, China rating cutsBy Marc Jones LONDON, April 28 (Reuters) - The United States and China are unlikely to see a rapid hit to their...Reuters
Tue, Apr 29
Shipping volume will plummet 35% next week, LA port official says in CNBC interview
April 29 (Reuters) - The Los Angeles port is expecting a 35% drop in cargo from Asia next week, Gene Seroka, the port's executive director, said in a CNBC interview on Tuesday."It's a precipitous drop in volume with a number of major American retailers stopping all shipments from China b...Reuters
Tue, Apr 29
S&P Global sees credit rating breathing room for trade war rivals US and China
Rating damage expected to be concentrated on strained countriesKnock-ons like lower commodity prices could cause downgradesAnalyst downplays markets pricing in huge US, China rating cutsBy Marc Jones LONDON, April 28 (Reuters) - The United States and China are unlikely to see a rapid hit to their...Reuters
Tue, Apr 29
Battery industry says $100 billion in US investment contingent on Washington support
April 29 (Reuters) - Manufacturers and developers of U.S. energy storage projects said their industry will invest $100 billion this decade to create a wholly domestic battery supply chain, but warned the goal was contingent on support from Washington.The American Clean Power Association, a trade gro...Reuters
Tue, Apr 29
EXPLAINER-What could be behind the Iberian power outage?
By Nina Chestney LONDON, April 29 (Reuters) - The hunt has begun for the cause of a massive blackout across Spain, Portugal and parts of France that halted trains, bank machines and traffic lights, in one of Europe's biggest ever power system collapses. CYBER ATTACK?Spanish grid operator ...Reuters
Tue, Apr 29
EXCLUSIVE-China waives tariffs on US ethane imports, sources say
SINGAPORE, April 29 (Reuters) - China has waived the 125% tariff on ethane imports from the United States imposed earlier this month, two sources with knowledge of the matter said on Tuesday.The move will ease pressure on Chinese firms that import U.S. ethane for petrochemical production as well as ...Reuters
Tue, Apr 29
House Republicans propose $15 billion for air traffic control, new $200 EV fee
April 29 (Reuters) - U.S. House Republicans are proposing $15 billion in new funding for air traffic control reform and a new $200 fee on electric cars as part of wide-range tax reform bill under consideration.The House Transportation and Infrastructure Committee on Wednesday will take up the propos...Reuters
Tue, Apr 29
Air Cargo Demand Grows 4.4% In March - IATA
April 29 (Reuters) - AIR CARGO DEMAND GROWS 4.4% IN MARCH - IATAMARCH TOTAL DEMAND, MEASURED IN CARGO TONNE-KILOMETERS (CTK), INCREASED BY 4.4% COMPARED TO MARCH 2024 LEVELS- IATAMARCH CAPACITY, MEASURED IN AVAILABLE CARGO TONNE-KILOMETERS (ACTK), EXPANDED BY 4.3% COMPARED TO MARCH 2024- IATAReuters
Tue, Apr 29
EXCLUSIVE-Malaysia's Petronas and Commonwealth LNG in talks for term supply, say sources
By Marwa Rashad, Curtis Williams and Emily Chow April 29 (Reuters) - Malaysian state-owned oil and gas firm Petroliam Nasional, or Petronas, is in talks with Commonwealth LNG to buy liquefied natural gas from the U.S. company's facility in Cameron, Louisiana, according to four trading and ind...Reuters
Tue, Apr 29
PRESS DIGEST-Canada - April 29
April 29 (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-Mark Carney, the former central banker who sought elected office for the first time, led the Liberals to a minori...Reuters
Tue, Apr 29
World Bank sees commodity prices falling to pre-COVID levels
World Bank: Commodity prices to fall 12% in 2025, 5% in 2026Falling commodity prices could moderate inflation risks from rising trade barriers-World BankWorld Bank report forecasts Brent crude at $64/barrel in 2025 vs $81 in 2024By David LawderWASHINGTON, April 29 (Reuters) - The World Bank on Tuesd...Reuters
Tue, Apr 29
BP to invest $2.5 bln in BPX unit this year-CEO
April 29 (Reuters) - BP PLC BP.L:BP CEO SAYS PLANNING TO INVEST $2.5 BILLION IN BPX THIS YEARBP SAYS FALLING INTEREST RATES IN EUROPE HELP DRIVE INTEREST IN OUR DIVESTMENT PROGRAMMEBP CEO SAYS WE ARE NOW ABOVE OUR PLANNING BASIS FOR REFINING MARGINS AFTER Q1 MIDWEST OVERSUPPLY OF GASOLINE, ROTTERDAM...Reuters
Tue, Apr 29
