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Arm Energy And Pimco Announce $2.3 Billion Investment In Mustang Express Pipeline
Oct 9 (Reuters) - ARM ENERGY AND PIMCO ANNOUNCE $2.3 BILLION INVESTMENT IN MUSTANG EXPRESS PIPELINEARM ENERGY HOLDINGS: NATURAL GAS PIPELINE TO HAVE TWO PIPELINE SEGMENTS EACH WITH CAPACITY OF 2.5 BILLION CUBIC FEET PER DAYARM ENERGY HOLDINGS: PIPELINES EXPECTED TO BE COMPLETED IN LATE 2028 OR EARLY...Reuters
Thu, Oct 9
Orsted axes quarter of jobs, pivots to Europe after US setbacks under Trump
Orsted plans to cut 2,000 jobs by 2027 Danish company to focus more on offshore wind and EuropeBy Stine Jacobsen and Jacob Gronholt-Pedersen COPENHAGEN, Oct 9 (Reuters) - Orsted ORSTED.CO, the world's biggest offshore wind farm developer, will cut about 2,000 jobs by the end of 2027, a quarte...Reuters
Thu, Oct 9
Chevron expands India hub to boost digital and AI capabilities
By Arunima Kumar BENGALURU, India, Oct 9 (Reuters) - Chevron CVX.N India on Thursday opened a 312,000-square-foot facility for its Engineering and Innovation Excellence Center (ENGINE) in Bengaluru, a year after launching the unit to consolidate technical work and deepen its digital and artificia...Reuters
Thu, Oct 9
Russia says there are no grounds to restart the Zaporizhzhia nuclear power plant for now, Ifax reports
MOSCOW, Oct 9 (Reuters) - Russian Deputy Foreign Minister Sergei Ryabkov said on Thursday that there were no grounds to restart the Russian-controlled Zaporizhzhia nuclear power plant in southern Ukraine for now, the Interfax news agency reported.It cited Ryabkov as saying that such a step could not...Reuters
Thu, Oct 9
PRECIOUS-Gold holds above $4,000; silver hits record high
Israel, Hamas agree to Trump's phase one plan for end to warFed officials say labour market risks high enough for rate cutsSilver hits record high, palladium more than 2-year highBy Anmol Choubey Oct 9 (Reuters) - Gold prices held above $4,000 an ounce on Thursday as investors assessed the Is...Reuters
Thu, Oct 9
Zelenskiy says Russia's gasoline supplies may be down by a fifth after Ukrainian attacks
Ukraine has targeted Russia's refining capacityZelensiky says estimates range from 13%-20% loss of supplyRussia says it has adequate fuel, officials due to discussBy Dan Peleschuk KYIV, Oct 9 (Reuters) - Ukrainian long-range strikes on Russian energy facilities may have reduced gasoline suppl...Reuters
Thu, Oct 9
China announces artificial diamond export curbs set to take effect day before US tariff truce deadline
BEIJING, Oct 9 (Reuters) - China on Thursday announced export curbs on some types of artificial diamonds set to take effect just before the U.S.-China tariff truce is scheduled to end, further tightening Beijing's grip over high-tech manufacturing supply chains.Certain artificial diamond micropo...Reuters
Thu, Oct 9
EXCLUSIVE-Russia's industrial titans furlough workers as its war economy stalls
Cutting costs, firms aim to trim work days, not jobsRailway, construction, auto and mining sectors affectedMove highlights pressure on Russia's war economyNon-military sectors shrank 5.4% since JanuaryBy Anastasia Lyrchikova and Gleb Stolyarov MOSCOW, Oct 9 (Reuters) - From railways and autom...Reuters
Thu, Oct 9
Serbia's NIS refinery can't operate beyond November 1 without crude supplies, president says
BELGRADE, Oct 9 (Reuters) - Serbia's President Aleksandar Vucic said on Thursday that the Russian-owned NIS oil refinery, which was hit by U.S. sanctions on Thursday, would not be able to operate beyond November 1 without crude supplies.Vucic said that the supply of oil derivatives would be stab...Reuters
Thu, Oct 9
Canadian cannabis firm Tilray's Q1 revenue up 5%, net income $1.5 mln
OverviewTilray fiscal Q1 2026 net revenue rises 5% yr/yr to $209.5 mlnNet income for fiscal Q1 2026 was $1.5 mln, a turnaround from a net lossAdjusted EBITDA for fiscal Q1 2026 increased 9% to $10.2 mlnOutlookTilray reiterates fiscal year 2026 adjusted EBITDA outlook of $62 mln to $72 mlnResult Driv...Reuters
Thu, Oct 9
Food safety company Neogen Q1 revenue beats estimates, reaffirms annual guidance
OverviewNeogen Q1 2026 revenue of $209.2 mln beats analyst expectationsAdjusted Net Income for Q1 beats estimates, driven by operational adjustmentsCompany completed divestiture and repaid $100 mln of debtOutlookCompany reaffirms FY2026 revenue guidance of $820 mln to $840 mlnNeogen expects FY2026 a...Reuters
Thu, Oct 9
Lashers' strike causes growing ship backlog at Rotterdam Port
AMSTERDAM, Oct 9 (Reuters) - Rotterdam, Europe's largest port, faced a growing ship backlog on Thursday as lashers - who secure a vessel's cargo - continued their strike for higher wages, a port spokesperson said.She added that the usual queue of six to seven ships had doubled to 13. While t...Reuters
Thu, Oct 9
PRESS DIGEST-Canada - Oct 10
Oct 9 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL** South Bow SOBO.TO says it is exploring ways to leverage existing oil pipeline corridors to increase crude exports, ...Reuters
Thu, Oct 9
PRECIOUS-Gold holds above $4,000; silver hits record high
Israel, Hamas agree to Trump's phase one plan for end to warFed officials say labour market risks high enough for rate cutsSilver hits record high, palladium more than 2-year highBy Anmol Choubey Oct 9 (Reuters) - Gold prices held above $4,000 an ounce on Thursday as investors assessed the Is...Reuters
Thu, Oct 9
Gold Price Forecast: XAU/USD bounces up, looks to the $4,060 record high
Gold’s reversal has been contained above the $4,000 psychological level, and the precious metal appreciates again on Thursday, trading at $4035 at the moment of writing, with the $4,060 record high at a short distance.Precious metals remain bid on Thursday.
Fxstreet
Thu, Oct 9
Deals of the day-Mergers and acquisitions
October 9 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Thursday: ** Lloyds Banking Group said it would buy out Schroders' 49.9% stake in the wealth joint venture formed by the two firms in 2019.nL6N3VK05S **...Reuters
Thu, Oct 9
China expands rare earths export restrictions to new elements
BEIJING, Oct 9 (Reuters) - China said on Thursday it would add several new rare earth elements to its export control list in a further tightening of its controls over the critical materials.The elements holmium, erbium, thulium, europium and ytterbium and related materials would be added to the exis...Reuters
Thu, Oct 9
Trump keeps allies guessing on more Russia sanctions, says EU sanctions envoy
G7 nations agree to coordinate tougher sanctions on RussiaBut Trump's view on more measures "the great unknown of the situation" - EU sanctions chiefChina won't engage with EU on circumvention - EU sanctions chiefEU expected to list Chinese refineriesBy Julia Payne BRUSSELS, Oct 8...Reuters
Thu, Oct 9
