News
Important Only
LIVESTOCK-CME cattle rally as crude oil drops, beef prices jump
By Karl Plume CHICAGO, March 10 (Reuters) - Chicago Mercantile Exchange live cattle futures rallied on Tuesday, after two sessions of steep declines, on technical buying and as sharply lower crude oil prices eased some concerns about the economy.Surging beef prices amid a slowdown in production, ...Reuters
Tue, Mar 10
Higher oil prices will not spur more US production, oilfield services company Patterson-UTI says
By Georgina McCartney HOUSTON, March 10 (Reuters) - A surge in energy prices caused by the U.S.-Israel war with Iran will not lead to additional U.S. oil output without the market predictability needed to ensure more drilling, Andy Hendricks, CEO of oilfield services company Patterson-UTI, said o...Reuters
Tue, Mar 10
US oil prices up 5% as Middle East crisis constrains supply
TOKYO, March 11 (Reuters) - U.S. West Texas Intermediate CLc1 crude oil prices rose by $4.23 per barrel, or 5%, to $87.70 in early trade on Wednesday as supplies from the Gulf remain constrained amid U.S. and Israel's war on Iran. On Tuesday, G7 energy ministers stopped short of agreeing on a re...Reuters
Tue, Mar 10
Iran arrests dozens, including foreign national tied to US and Israel, state media reports
DUBAI, March 10 (Reuters) - Iran has arrested dozens including a foreign national for allegedly spying for the country's "enemies", the Intelligence Ministry said on Tuesday, amid a continued war with the U.S. and Israel. The U.S. and Israel launched airstrikes against Iran on February 2...Reuters
Tue, Mar 10
Disney names Disneyland Resort President Thomas Mazloum chair of parks group
By Dawn ChmielewskiLOS ANGELES, March 10 (Reuters) - Disneyland Resort President Thomas Mazloum has been named the next chair of Disney Experiences, overseeing the company's portfolio of theme parks, cruise ships, resort hotels and consumer products, the company announced on Tuesday.Mazloum succ...Reuters
Tue, Mar 10
Iran's new leader, still silent, was elevated by the Revolutionary Guards
No appearance by Mojtaba Khamenei since his appointmentGuards pushed wavering ayatollahs to back KhameneiDecision means Guards may drive harder Iranian line in futureBy Parisa Hafezi and Angus McDowall DUBAI, March 10 (Reuters) - Iran's Revolutionary Guards forced through the choice of Mojtab...Reuters
Tue, Mar 10
US Cash Crude-Offshore grades fall as Trump de-escalation comments ease supply disruption concerns
By Siddharth Cavale NEW YORK, March 10 (Reuters) - Grades fell sharply on Tuesday, dealers said, as expectations of prolonged supply disruptions eased after U.S. President Donald Trump predicted that the war with Iran could end soon. Trump, in a late Monday address, said the United States had inf...Reuters
Tue, Mar 10
Mexico's Avino Silver & Gold Mines Q4 revenue jumps on higher silver prices
OverviewMexico silver producer's Q4 revenue rose 25% yr/yr to a record highAdjusted EPS for Q4 was $0.10, up 43% from prior yearCompany returned to primary silver production, with 54% of Q4 revenue from silverOutlookCompany did not provide specific guidance for 2026 or the current qtr in press r...Reuters
Tue, Mar 10
CANADA-CRUDE-Discount on Western Canada Select widens
March 10 (Reuters) - The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures CLc1 widened on Tuesday as global oil prices plummeted after Trump's Middle East de-escalation prediction. WCS for April delivery in Hardisty, Alberta, settled at $12....Reuters
Tue, Mar 10
War with Iran will end when Israel and US decide, Israeli foreign minister says
Israel will coordinate with US on when to end Iran warIsraeli minister declines to say when war might endIsrael calls for countries to cut ties with IranGerman foreign minister visits IsraelUS-Israel war with Iran in its 11th dayBy Alexander Cornwell JERUSALEM, March 10 (Reuters) - The wa...Reuters
Tue, Mar 10
BP On Whiting Refinery Negotiations Says Will Continue to Bargain If Offer Not Accepted
March 11 (Reuters) - BP BP.L:ON WHITING REFINERY NEGOTIATIONS SAYS LAST BEST AND FINAL OFFER REMAINS ON THE TABLE UNTIL 11:59 PM ON THURSDAY, MARCH 12SAYS AT THAT POINT, OFFER WILL EXPIRE AND BE FORMALLY WITHDRAWN AND UNAVAILABLE TO OUR EMPLOYEESSAYS IF OFFER IS NOT ACCEPTED, WE WILL CONTINUE BARGAI...Reuters
Tue, Mar 10
EXCLUSIVE-Chevron, Shell closing in on first big oil production deals in Venezuela since US captured Maduro, sources say
Both companies close to clinching deals in prime oil areasChevron would expand to Ayacucho 8 area in the OrinocoShell to work in Monagas North's areas of Carito, PiritalGovernment could complete contract review as soon as this monthBy Marianna Parraga and Deisy Buitrago HOUSTON/CARACAS, March...Reuters
Tue, Mar 10
Boeing Gets $289 Million Israel Deal For 5,000 More Smart Bombs - Bloomberg News
March 10 (Reuters) - BOEING GETS $289 MILLION ISRAEL DEAL FOR 5,000 MORE SMART BOMBS - BLOOMBERG NEWSBOEING-ISRAEL CONTRACT NOT RELATED TO ONGOING US-ISRAELI AIR STRIKES ON IRAN, DELIVERIES NOT SCHEDULED TO START FOR 36 MONTHS - BLOOMBERG NEWSSource text: https://tinyurl.com/2yhwlvb2Reuters
Tue, Mar 10
US Navy tells shipping industry Hormuz escorts not possible for now
Navy still reviewing escorts due to high risks - sourcesTrump promises escorts, but military options still under reviewSecuring strait difficult due to Iran's military capabilitiesBy Jonathan Saul LONDON, March 10 (Reuters) - The U.S. Navy has refused near-daily requests from the shipping ind...Reuters
Tue, Mar 10
Cadre Holdings Q4 sales miss estimates
OverviewUS safety equipment maker's Q4 sales fell and missed analyst expectationsQ4 adjusted EBITDA missed analyst expectationsOutlookCadre Holdings expects 2026 net sales of $736 mln to $758 mlnCompany sees 2026 adjusted EBITDA between $136 mln and $141 mlnCadre expects 2026 capital expenditure...Reuters
Tue, Mar 10
Barnes & Noble Education Q3 revenue rises
OverviewU.S. education solutions provider's fiscal Q3 revenue rose 11.3% year-over-yearNet income and adjusted EBITDA declined due to absence of prior-year one-time gainsCompany to begin quarterly dividend program in fiscal Q1 2027OutlookBarnes & Noble Education expects fiscal 2026 Adjusted ...Reuters
Tue, Mar 10
AeroVironment misses Q3 revenue estimates; takes $151 mln impairment
OverviewU.S. defense technology firm's fiscal Q3 revenue rose 143% yr/yr but missed analyst expectationsCompany posted $151.3 mln goodwill impairment in Space unit after stop-work order on key contractNon-GAAP adjusted EPS for fiscal Q3 was $0.64, up from $0.30 a year earlierOutlookAeroVironment...Reuters
Tue, Mar 10
LNG Canada ramps up output as Iran war threatens global gas supplies
LNG Canada boosts March exports to Asia as Iran war tightens global supplyPlant appears to be operating near full capacityMarch shipments already exceed half of February's total exportsBy Curtis Williams and Amanda Stephenson HOUSTON, March 10 (Reuters) - LNG Canada, a Shell-led SHEL.L ventur...Reuters
Tue, Mar 10
Bayer takes its multi-front battle on pesticide liability to Kansas
Kansas bill aims to shield pesticide makers from some cancer lawsuitsAgriculture company Bayer faces losses from litigationTrump's executive order on glyphosate pesticides sparks backlash from MAHA coalitionBy Renee Hickman CHICAGO, March 10 (Reuters) - Kansas lawmakers were set to take up a ...Reuters
Tue, Mar 10
