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ANALYSIS-Japan is a test case for Trump's tariff deals. But talks may be tortuous.
U.S. ally Japan seen as front runner to clinch dealSecond round of talks scheduled for next week Rice imports and auto tariffs among thorny itemsJapanese lawmakers wary of blowback as election loomsBy John Geddie, Yoshifumi Takemoto and Trevor Hunnicutt TOKYO/WASHINGTON, April 25 (Reuters) - Whe...Reuters
Fri, Apr 25
Oilfield services provider SLB misses quarterly profit estimates
April 25 (Reuters) - SLB SLB.N missed analysts' estimates for first-quarter profit on Friday, as a slowdown in demand in Latin America for its oilfield equipment and services dragged its international business.The company, formerly known as Schlumberger, said earnings, excluding charges and cred...Reuters
Fri, Apr 25
Japan compiles emergency economic package to ease tariff pain
By Kentaro Sugiyama, Yoshifumi Takemoto and Makiko Yamazaki TOKYO, April 25 (Reuters) - Japan's Prime Minister Shigeru Ishiba on Friday said the government has compiled an emergency economic package to alleviate any impact on industries and households from new U.S. import tariffs.The package ...Reuters
Fri, Apr 25
US shale patch slows down as oil prices sink
Private operators face heightened risks amid current economic conditionsU.S. crude prices tumble to multi-year lows amid trade war Trump's steel tariffs drive up costs Demand for fracking services falls as oil prices declineBy Georgina McCartney HOUSTON, April 25(Reuters) - Some small U.S. sh...Reuters
Fri, Apr 25
Russia may supply 1.8 bcm of gas to Iran in 2025, price to be agreed
MOSCOW, April 25 (Reuters) - Russia may supply 1.8 billion cubic metres (bcm) of natural gas to Iran this year at a price which has yet to be agreed, the two countries said on Friday.Iranian Oil Minister Mohsen Paknejad, on a visit to Moscow, said the deal had not been finalised but the two countrie...Reuters
Fri, Apr 25
EUROPE GAS-Prices hold steady as market seeks new input
April 25 (Reuters) - Dutch and British wholesale gas prices were rangebound on Friday morning amid a lack of fundamental news and sufficient supply.The benchmark Dutch front-month contract TRNLTTFMc1 eased by 0.20 euro to 33.45 euros per megawatt hour (MWh) by 0859 GMT, while the June contract was u...Reuters
Fri, Apr 25
REFILE-US seeks India trade deal on e-commerce, crops and data storage, Bloomberg News reports
April 25 (Reuters) - A U.S.-India trade agreement under discussion will cover 19 categories, including greater market access for farm goods, e-commerce, data storage and critical minerals, Bloomberg News reported on Friday. The terms of reference for a bilateral deal, which was finalized by both sid...Reuters
Fri, Apr 25
Automakers rush to meet surging China demand for long-range hybrids
China automakers are churning out innovative hybrids alongside EVsSales of plug-in hybrids and 'extended-range EVs' with gasoline generators are rising fastForeign automakers including VW are rushing to develop more hybrids to keep paceBy Nick Carey, Victoria Waldersee and Qiaoyi Li SHANG...Reuters
Fri, Apr 25
Norway's Yara trounces profit estimates despite rising gas costs, tariff concerns
By Jesus Calero April 25 (Reuters) - Yara YAR.OL, one of the world's largest producers of fertilisers, reported first-quarter core earnings well above market expectations on Friday, driven by higher volumes and improved margins, sending it shares up 4.7% in early trade.The company also highl...Reuters
Fri, Apr 25
Iran's oil minister says Tehran will boost cooperation with Russia in agriculture and banking
MOSCOW, April 25 (Reuters) - Iranian Oil Minister Mohsen Paknejad said during a visit to Moscow on Friday that Iran would boost cooperation with Russia in agriculture and banking and remove barriers in all spheres of cooperation between the two countries.Russia has deepened ties with Iran since the ...Reuters
Fri, Apr 25
Silver Price Forecast: XAG/USD slips below $33.50 due to easing US-China trade concerns
Silver price (XAG/USD) inches lower following two days of gains, trading around $33.40 per troy ounce during the European hours on Friday. The metal’s safe-haven appeal weakens as reports emerge suggesting China may lift tariffs on certain US imports.Fxstreet
Fri, Apr 25
RWE has stopped offshore wind activities in United States
FRANKFURT, April 25 (Reuters) - RWE RWEG.DE has stopped its U.S. offshore wind activities for now in light of regulatory uncertainty under the administration of President Donald Trump, its CEO said in a speech manuscript published ahead of the utility's annual general meeting."We remain caut...Reuters
Fri, Apr 25
China will stabilise jobs, markets in response to external uncertainties, Politburo meeting decides
BEIJING, April 25 (Reuters) - China will make greater efforts to stabilise employment, businesses, markets and expectations, the Politburo was quoted by state media as saying on Friday.China will respond to the uncertainty of rapid changes in the external environment, state media Xinhua reported, ci...Reuters
Fri, Apr 25
Crude oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Friday, early in the European session. WTI trades at $62.84 per barrel, up from Thursday’s close at $62.61.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $65.65 price posted on Thursday, and trading at $65.88.
Fxstreet
Fri, Apr 25
RPT-COLUMN-As China nears peak aluminium production, what next?: Andy Home
Chinese production accounts for 60% of global outputNew smelters are being offset by closures of old capacityNew smelters are powered by cleaner fuelBy Andy Home LONDON, April 24 (Reuters) - China's aluminum production juggernaut is finally running out of road as the country's output appr...Reuters
Fri, Apr 25
UK's Unite union says TotalEnergies workers balloting on strike action
April 25 (Reuters) - UK's Unite union on Friday said that offshore workers employed by TotalEnergies TTEF.PA are balloting for possible strike action."Around 50 Unite members based on the Elgin Franklin and North Alwyn platforms are involved in an escalating dispute after the overwhelming re...Reuters
Fri, Apr 25
