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ANALYSIS-Google, X next targets as Europe stays tough on tech regulation
EU fines Apple and Meta for DMA violationsRibera dismisses US pressure to soften enforcementGoogle may face EU order to sell adtech businessBy Foo Yun Chee BRUSSELS, April 23 (Reuters) - Alphabet's GOOGL.O Google and Elon Musk's X may be the next to face fines from European regulators, as...Reuters
Wed, Apr 23
Sinopec resumes Russian oil purchase after short pause amid sanctions risks, sources say
SINGAPORE, April 23 (Reuters) - Sinopec, Asia's top refiner, resumed purchases of Russian oil after a brief pause last month to assess risks from sanctions imposed by the United States on Russian entities, trade sources said on Wednesday.Unipec, a trading arm under China's state-run Sinopec ...Reuters
Wed, Apr 23
Sinopec resumes Russian oil purchase after short pause amid sanctions risks, sources say
SINGAPORE, April 23 (Reuters) - Sinopec, Asia's top refiner, resumed purchases of Russian oil after a brief pause last month to assess risks from sanctions imposed by the United States on Russian entities, trade sources said on Wednesday.Unipec, a trading arm under China's state-run Sinopec ...Reuters
Wed, Apr 23
China lunar chief accuses US of interfering in joint space programmes
BEIJING, April 23 (Reuters) - The chief designer of China's lunar exploration programme accused the United States on Wednesday of interfering in Beijing's pushes to cooperate with Europe and other foreign partners in space programmes.Wu Weiren told Reuters that China pursued a policy of open...Reuters
Wed, Apr 23
Tariffs may mean more US steel jobs. Will there be workers to fill them?
Steel industry faces worker shortage despite high wagesWorkers are reluctant to move to steel country in ArkansasMississippi County struggles with housing and economic declineBy Timothy AeppelBLYTHEVILLE, Arkansas, April 23 (Reuters) - Thomas Reisinger commutes almost an hour-and-a-half each way for...Reuters
Wed, Apr 23
Trump threat vaults energy policy to center stage in Canada election
Canadians go to the polls April 28Pipelines, oil exports in spotlight as country seeks to diversify away from U.S.Leading parties pledge to make domestic oil and gas more competitiveBy Amanda Stephenson CALGARY, April 23 (Reuters) - An unusual consensus around energy policy has emerged in the...Reuters
Wed, Apr 23
Mexico exports first ULSD cargo from Olmeca refinery amid infrastructure woes
Olmeca refinery's production of viable fuels remains marginalInfrastructure challenges hinder Olmeca's domestic fuel distributionBy Stefanie Eschenbacher and Marianna Parraga MEXICO CITY/HOUSTON, April 23 (Reuters) - Mexico exported the first cargo of ultra-low sulfur diesel (ULSD) reproc...Reuters
Wed, Apr 23
Benchmark Minerals and ICE team up for battery material futures
By Pratima Desai LONDON, April 23 (Reuters) - Prices of battery materials lithium and cobalt assessed by consultancy Benchmark Minerals Intelligence (BMI) will be used for contracts launched by Intercontinental Exchange (ICE) in June, BMI told Reuters.For BMI, a price reporting agency (PRA), this...Reuters
Wed, Apr 23
BREAKINGVIEWS-Surging gold gives Richemont pricing dilemma
By Yawen Chen LONDON, April 23 (Reuters Breakingviews) - Europe’s luxury giants face a tough call on how much to charge for their handbags and jewellery. This dilemma comes from two fresh challenges – U.S. tariffs and soaring gold prices. For $95 billion Cartier owner Richemont CFR.S the problem ...Reuters
Wed, Apr 23
Oil rises on easing Fed and trade fears – ING
Oil rebounded yesterday along with other risk assets. ICE Brent settled almost 1.8% higher on the day after President Trump calmed concerns over the future of Federal Reserve Chair Jerome Powell’s position, ING's commodity experts Ewa Manthey and Warren Patterson note.
Fxstreet
Wed, Apr 23
EUROPE GAS-Prices inch up but remain rangebound
LONDON, April 23 (Reuters) - Dutch and British wholesale gas prices inched up on Wednesday morning but remain rangebound, lacking a clear direction.The benchmark Dutch front-month contract TRNLTTFMc1 edged up by 0.10 euro to 34.20 euros per megawatt hour (MWh) by 0821 GMT, while the June contract wa...Reuters
Wed, Apr 23
Boliden gains from higher metal prices, says it can handle tougher times
April 23 (Reuters) - Swedish miner Boliden BOL.ST reported first-quarter earnings above market estimates on Wednesday, helped by higher metal prices and stronger U.S. dollar, but warned that trend had reversed since the start of April.The company, which operates seven mines and five smelters in the ...Reuters
Wed, Apr 23
EXCLUSIVE-Singapore's PSA weighs selling 20% stake in CK Hutchison's ports business, sources say
CK Hutchinson's ports business includes ports along the Panama Canal CK Hutchinson's plan to sell to BlackRock consortium pleases Trump, irks China PSA bought its stake in the business for $4.4 billion in 2006By Yantoultra Ngui SINGAPORE, April 23 (Reuters) - Singapore's PSA Internati...Reuters
Wed, Apr 23
Benchmark Minerals and ICE team up for battery material futures
LONDON, April 23 (Reuters) - Prices of battery materials lithium and cobalt assessed by consultancy Benchmark Minerals Intelligence will be used for contracts to be launched by Intercontinental Exchange (ICE) in June, the price reporting agency told Reuters.An agreement between BMI and ICE ICE.N sig...Reuters
Wed, Apr 23
TABLE-UAE's Fujairah oil inventory data for week ended April 21
April 23 (Reuters) - The Fujairah Oil Industry Zone published the following inventory data for oil products for the week ended April 21, according to industry information service S&P Global Commodity Insights.Volumes are in thousands of barrels. Figures in brackets represent the volume change fr...Reuters
Wed, Apr 23
