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Germany urges Iran to seize opportunity for peace talks
BERLIN, April 23 (Reuters) - The German government on Thursday urged Iran to seize the opportunity to continue peace talks with the United States, adding that the Strait of Hormuz should be kept open permanently. Iran showed off its tightened grip over the strait with video of its commandos storming...Reuters
Thu, Apr 23
Iran takes seized ships to port, countries seek info on seafarers' safety
Likely taken to port of Bandar Abbas, sources sayIranians "armed to the teeth" stormed ship, relative of seafarer saysAbout 40 crew including from Ukraine, Philippines, Croatia, MontenegroUS seized an Iranian cargo ship three days earlierBrent oil futures back above $100By Jonathan Saul, Ren...Reuters
Thu, Apr 23
Pultegroup's quarterly profit, revenue fall amid sluggish demand for homes
April 23 (Reuters) - Homebuilder Pultegroup PHM.N on Thursday posted a drop in profit and revenue for the first quarter, as rising inflation keeps homebuyers on the sidelines. CEO Ryan Marshall said domestic and global dynamics hurt demand.Homebuilding sector has struggled with declining sales for m...Reuters
Thu, Apr 23
EU touts temporary energy subsidies, but costs risk ballooning
EU to loosen state aid rules to help tackle energy crisisBrussels says move will be temporary amid fiscal pressuresUnwinding support could be difficult if Iran war drags onBy Kate Abnett and Jan Strupczewski BRUSSELS, April 23 (Reuters) - When the European Union outlines looser state aid rules ne...Reuters
Thu, Apr 23
Russia says it's maintaining oil supplies but has no new OPEC+ initiatives
Kremlin says Russia is contributing to market stabilizationKremlin: Demand for oil is rising, global supply is shrinkingOPEC+ to meet on May 3 MOSCOW, April 23 (Reuters) - Russia is maintaining the flow of its oil to world markets and thereby helping to limit the impact of the crisis triggered b...Reuters
Thu, Apr 23
BP fails to get shareholder majority approval for two AGM resolutions
By Shadia Nasralla and Stephanie Kelly LONDON, April 23 (Reuters) - BP BP.L said it had failed to get majority approval from shareholders for two special resolutions put forward at the oil and gas major's annual general meeting (AGM) on Thursday."While we appear to have overwhelming suppo...Reuters
Thu, Apr 23
Utility PG&E beats Q1 profit estimates on robust power demand, higher rates
April 23 (Reuters) - Utility PG&E Corp PCG.N beat Wall Street estimates for first-quarter profit on Thursday, driven by higher rates for its services and robust demand for power.Shares of the company surged 2.4% in premarket trading.AI-driven data centers and the broader electrification of homes...Reuters
Thu, Apr 23
Helen of Troy posts lower than expected drop in Q4 sales, profit
OverviewU.S. consumer products firm's Q4 revenue fell by a lower-than-expected 3.3%Adjusted EPS declined less than analyst expectationsSales drop driven by lower demand in Beauty & Wellness and Home & Outdoor segmentsOutlookHelen of Troy sees fiscal 2027 net sales of $1.751-$1.822 blnCom...Reuters
Thu, Apr 23
Brazilian exports to rise 13% by 2038 amid full enforcement of EU-Mercosur trade deal, says VP
Deal's full enforcement could raise industrial exports by 26%, Alckmin saysSectors such as sugar, fruits, beef and poultry might be immediately impactedBrazil aims for broader US partnership over tariff and non-tariff issuesMercosur to discuss Venezuela's return to blocBy Lisandra Paraguassu...Reuters
Thu, Apr 23
PulteGroup Q1 sales, profit drop on lower home prices
OverviewU.S. homebuilder's Q1 home sale revenue fell 12% yr/yr as closings and prices declinedQ1 EPS dropped yr/yr as gross margin declined due to higher incentivesCompany repurchased $308 mln in shares, board approved $1.5 bln increase to buyback authorizationOutlookCompany says consumer concer...Reuters
Thu, Apr 23
Kremlin says Russia maintains oil supplies but has no new OPEC+ initiatives
MOSCOW, April 23 (Reuters) - Russia is maintaining its oil supplies and is thereby playing its part to help stabilise the market and limit the impact of the crisis triggered by the Iran war, Kremlin spokesman Dmitry Peskov said.He added that, beyond maintaining supply, Moscow has no specific initiat...Reuters
Thu, Apr 23
GRAINS-Wheat resumes rally on worries over US weather, Iran war
US drought and Iran tensions drive wheat price gainsSaudi wheat tender lent additional supportCorn and soybeans steady PARIS/CANBERRA, April 23 (Reuters) - Chicago wheat futures rose on Thursday, recovering from a drop during the previous session and supported by renewed concerns about drought in...Reuters
Thu, Apr 23
At least nine people was killed as gunmen attacked mining site in Pakistan
By Saleem Ahmed Quetta, PAKISTAN, April 23 (Reuters) - At least nine people were killed when gunmen attacked National Resources Ltd's copper and gold project in Balochistan in Pakistan on Wednesday, local authorities said. Here are some details on the attack:Pakistan's National Resou...Reuters
Thu, Apr 23
Iran war pushing more than 30 million back into poverty, UN development chief says
By Panu Wongcha-um BANGKOK, April 23 (Reuters) - More than 30 million people will be pushed back into poverty by the impacts of the Iran war including disruptions to fuel and fertiliser supplies just as farmers are planting crops, U.N. development chief Alexander De Croo said on Thursday.Fertilis...Reuters
Thu, Apr 23
South Korea, Vietnam set to sign dozens of business deals as Lee visits Hanoi, document shows
Seventy-three deals expected, from tech and finance to energy, document showsSamsung, SK, LG, Lotte among delegations from over 100 firmsMostly non-binding deals on energy, infrastructure, finance, document showsBy Francesco Guarascio and Joyce Lee HANOI/SEOUL, April 23 (Reuters) - South Korean a...Reuters
Thu, Apr 23
PRECIOUS-Gold slips on inflation concerns as high oil prices and stronger dollar weigh
Iran seizes two ships in the Strait of Hormuz Brent crude oil climbs back above $100 a barrelUS Federal Reserve to likely wait six months before interest rate cut, according to Reuters pollBy Pablo Sinha April 23 (Reuters) - Gold prices fell on Thursday, pressured by a stronger dollar and elevate...Reuters
Thu, Apr 23
Teck quarterly profit beats estimates on record copper sales, higher prices
April 23 (Reuters) - Teck Resources TECKb.TO on Thursday beat analysts' estimates for first-quarter profit, aided by an increase in copper prices and record sales, while the company's proposed merger with Anglo American AAL.L remained on track.The Canadian miner said it expects the Middle Ea...Reuters
Thu, Apr 23
Brazil exports to rise 13% by 2038 amid full enforcement of EU-Mercosur trade deal, says Brazilian vice president
Deal's full enforcement could raise industrial exports by 26%, Alckmin saysSectors such as sugar, fruits, beef and poultry might be immediately impactedBrazil aims for broader US partnership over tariff and non-tariff issuesBy Lisandra Paraguassu BRASILIA, April 23 (Reuters) - Brazil's go...Reuters
Thu, Apr 23
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