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PRESS DIGEST-Canada - April 28
April 28 (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-The Northwest Territories government is pressing whoever forms government after Monday's federal election to ...
Reuters
Mon, Apr 28
US natgas prices slide 2% to five-month low on mild weather, rising gas in storage
April 28 (Reuters) - U.S. natural gas futures slid 2% to a five-month low on Friday on rising output and forecasts for mild weather through mid-May that will limit heating and cooling demand, allowing utilities to keep putting more gas than usual into storage.
Reuters
Mon, Apr 28
CBOT Trends-Wheat down 10-11 cents, corn down 6-7, soy down 5-6
CHICAGO, April 28 (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 Monday. WHEAT - Down 10 to 11 cents per bushel* CBOT wheat tipped down as welcome rain in the U.S. wheat belt and con...
Reuters
Mon, Apr 28
Restoring Spain power supply could take between 6-10 hours, grid operator says
MADRID, April 28 (Reuters) - Restoring power to the Spanish electric grid after a massive blackout could take between six and ten hours, the head of operations at grid operator REE, Eduardo Prieto, told a news conference on Monday.
Reuters
Mon, Apr 28
Brazil to offer tax breaks to lure data center investments, sources say
Haddad to pitch Brazil as sustainable hub in Silicon Valley visitPolicy could unlock 2 trillion reais in investments over next decade, finance ministry estimatesExemptions target IT-related capital expenditures, not construction costsBy Marcela Ayres BRASILIA, April 28 (Reuters) - Brazilian Finan...
Reuters
Mon, Apr 28
US LNG supplies to Europe will continue to rise, says US Energy Secretary
WARSAW, April 28 (Reuters) - U.S. liquefied natural gas supplies to Europe will continue to rise, U.S. Energy Secretary Chris Wright told Reuters on Monday during a visit to the Polish capital Warsaw.The United States is the world's largest exporter of LNG and has played a major role in supplyin...
Reuters
Mon, Apr 28
RPT-COLUMN-The crafty US state that's showing how to thrive under Trump: Maguire
By Gavin Maguire LITTLETON, Colorado, April 28 (Reuters) - Louisiana has long been overshadowed by its more showy neighbour Texas, which boasts a larger economy and population and has for decades wielded greater sway among policymakers in Washington DC and on the world stage. But the Bayou State ...
Reuters
Mon, Apr 28
RPT-BREAKINGVIEWS-CK Hutch ports sale can be good for Beijing too
By Ka Sing ChanHONG KONG, April 28 (Reuters Breakingviews) - Li Ka-shing's ports deal is shrewd in all respects except for the timing. Beijing has warned the Hong Kong tycoon's CK Hutchison 0001.HK against bypassing its antitrust probe on the $23 billion disposal to a group including BlackRo...
Reuters
Mon, Apr 28
US LNG supplies to Europe will continue to grow, says US Energy Secretary
WARSAW, April 28 (Reuters) - Supplies of liquefied natural gas (LNG) from the United States to Europe will continue to grow, U.S. Energy Secretary Chris Wright told Reuters on Monday during a visit to the Polish capital Warsaw."The U.S. supply will continue to grow in a meaningful way. There'...
Reuters
Mon, Apr 28
Barrick Gold Corporation Plans To Change Name To Barrick Mining Corporation
April 28 (Reuters) - Barrick Gold Corp ABX.TO:BARRICK GOLD CORPORATION PLANS TO CHANGE NAME TO BARRICK MINING CORPORATIONBARRICK GOLD CORP - TO CHANGE NAME TO BARRICK MINING CORPORATIONBARRICK GOLD CORP - TICKER SYMBOL CHANGE FROM 'GOLD' TO 'B' EFFECTIVE MAY 9, 2025
Reuters
Mon, Apr 28
GRAINS-Grains and soybeans fall on U.S.-China trade talks confusion
Grains, soybeans down on U.S.-China trade talks uncertaintyWelcome rain forecast in U.S. also weakens wheatBy Naveen Thukral and Michael Hogan SINGAPORE/HAMBURG, April 28 (Reuters) - Chicago soybeans, wheat and corn fell on Monday as confusion about the status of talks to end the U.S.-China trade...
Reuters
Mon, Apr 28
RPT-COLUMN-Funds hold bullish corn and soybean bets steady as trade talks await clarity: Braun
By Karen Braun NAPERVILLE, ILLINOIS, April 27 (Reuters) - Speculators held on to bullish bets in Chicago corn and soybeans last week in hopes that U.S. talks with trading partners might progress, potentially stimulating U.S. grain exports.U.S. farmers are off to an efficient start on spring plant...
Reuters
Mon, Apr 28
Brazil to offer tax breaks to lure data center investments, sources say
Haddad to pitch Brazil as sustainable hub in Silicon Valley visitPolicy could unlock 2 trillion reais in investments over next decade, finance ministry estimatesExemptions target IT-related capital expenditures, not construction costsBy Marcela Ayres BRASILIA, April 28 (Reuters) - Brazilian Finan...
Reuters
Mon, Apr 28
China pushes for 'prudence' on CK Hutchison's ports deal, Xinhua reports
April 28 (Reuters) - China's foreign ministry has asked all parties involved in CK Hutchison's 0001.HK planned sale of most of its ports operations to a BlackRock-led BLK.N consortium to "act prudently," state news agency Xinhua reported on Monday.The sale by the Hong Kong conglomera...
Reuters
Mon, Apr 28
Large parts of Spain and Portugal hit by power outage
MADRID/LISBON, April 28 (Reuters) - Spanish power grid operator Red Electrica said it was working with energy companies to restore power after large parts of Spain and Portugal were hit by a power outage on Monday.
Reuters
Mon, Apr 28
Gold slips as trade tensions subside, dollar firms
April 28(Reuters) - Gold prices fell more than 1% on Monday, as the dollar held firm and hopes for de-escalation in U.S.-China trade tensions dented appetite for safe-haven assets.Spot gold XAU= was down 0.9% at $3,289.97 an ounce as of 0843 GMT. U.S. gold futures GCcv1 eased 0.1% to $3,301.
Gold
Reuters
Mon, Apr 28
China’s copper stocks see record weekly drop – ING
The latest data from the Shanghai Futures Exchange (SHFE) shows that copper inventories in China fell significantly by 54,858 tonnes for a fifth consecutive week to 116,753 tonnes as of last Friday.
Fxstreet
Mon, Apr 28
EEX bourse saw 16% revenue growth in 2024 as power volumes grew
Exchanges' revenue grew 16% in 2024 over 2023 It now has 950 active participants worldwideExpanded trading offerings with new power contractsTo introduce EU ETS-2 contracts in JulyBy Vera Eckert FRANKFURT, April 28 (Reuters) - The European Energy Exchange's (EEX) revenue rose 16% last ye...
Reuters
Mon, Apr 28
EUROPE GAS-Prices mixed amid warmer weather, stable supply
LONDON, April 28 (Reuters) - Dutch and British wholesale gas prices were mixed but still trading within a narrow range on Monday morning amid stable supply and as warm weather softened demand but lower temperatures are set to return next week.The benchmark Dutch front-month contract TRNLTTFMc1 rose ...
Reuters
Mon, Apr 28
Oil: Crude sees modest gains – ING
The oil market managed to trade marginally higher in the early morning today, with ICE Brent trading above $67/bbl, ING's commodity experts Ewa Manthey and Warren Patterson note.
WTI
Fxstreet
Mon, Apr 28
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