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Spotify says is back up after outage affecting thousands of users globally
April 16 (Reuters) - Music streaming platform Spotify SPOT.N said its services were back online after thousands of users worldwide experienced disruptions on Wednesday.The outage began around 8:45 a.m. ET and led to nearly 49,000 incidents being reported at its peak about an hour later, according to...Reuters
Wed, Apr 16
Europe Gasoline/Naphtha-Gasoline margins fall despite US stockdraw
LONDON, April 16 (Reuters) - Northwest European gasoline refining profit fell by $1.30 a barrel on Wednesday, even as U.S. stocks fell by more than expected over the last week.A total of 2,000 metric tons of Eurobob E5 traded, with BP selling to TotalEnergies.Another 6,000 tons of Eurobob E10 traded...Reuters
Wed, Apr 16
METALS-Copper steadies on upbeat Chinese data, softer dollar
By Eric Onstad LONDON, April 16 (Reuters) - Copper prices edged higher on Wednesday as stronger Chinese economic growth and a weaker dollar offset an escalating U.S.-China trade war that is fuelling fears of a demand downturn.Benchmark three-month copper CMCU3 on the London Metal Exchange (LME) w...Reuters
Wed, Apr 16
Peru copper output flat at 216,955 tons in February
LIMA, April 16 (Reuters) - Copper output in Peru, the world's third-largest producer of the red metal, was virtually flat in February from the same month a year ago, data from the nation's energy and mines ministry showed on Wednesday.Output landed at 216,955 metric tons, up just 0.01% f...Reuters
Wed, Apr 16
Galp lifts first LNG cargo from Venture Global's Calcasieu Pass plant
April 16 (Reuters) - Portugese energy firm Galp Energia GALP.LS said on Wednesday it lifted its first liquefied natural gas (LNG) cargo from Venture Global's VG.N Calcasieu Pass export facility in Louisiana under an agreement signed several years ago.The company said the cargo signals the start ...Reuters
Wed, Apr 16
Sustainable Finance Newsletter - Banks ease climate coalition rules
By Ross Kerber April 16 (Reuters) - The largest bank climate coalition loosened some of its membership rules, its chair told Reuters, as you can read about below. Some context for the move is the turn away from environmental priorities by the administration of U.S. President Donald Trump. In fact...Reuters
Wed, Apr 16
World Bank's Banga seeks board approval for 'all of the above' energy strategy
By Andrea ShalalWASHINGTON, April 16 (Reuters) - World Bank President Ajay Banga on Wednesday said he would seek approval from the bank's executive board in June for an "all of the above" energy strategy to guide lending policies to would include natural gas, nuclear power and alternativ...Reuters
Wed, Apr 16
Russia and China have 'grandiose plans' for space cooperation, Putin says
MOSCOW, April 16 (Reuters) - Russia and China have ambitious plans for space cooperation, Russian President Vladimir Putin said on Wednesday, as reported by the Interfax news agency.According to Putin, many countries are interested in collaborating with Russia, and Moscow remains committed to its pl...Reuters
Wed, Apr 16
US distillate fuel stocks fell to lowest since November 2023 last week, EIA says
NEW YORK, April 16 (Reuters) - U.S. distillate fuel oil stocks fell last week to 109.23 million barrels, the lowest since November 2023, data from the U.S. Energy Information Administration showed on Wednesday.Distillate fuel inventories, which include diesel and heating oil, fell by 1.85 million ba...Reuters
Wed, Apr 16
EU wheat rises from lows on fresh export demand
PARIS/HAMBURG, April 16 - European wheat bounced from contract lows on Wednesday, supported by fresh international demand but a new rise of the euro against the dollar kept a lid on prices.Benchmark May milling wheat BL2K5 on Paris-based Euronext, was up 0.2% by 1440 GMT to 210.75 euros a metric ton...Reuters
Wed, Apr 16
Aging US power grid faces new pressure from AI, says Adaptive Insurance CEO Gulla
By Mia MacGregorApril 15 - (The Insurer) - The growing demand for electricity, driven by artificial intelligence, data storage and population shifts, is putting new pressure on the already aging U.S. power grid, according to Mike Gulla, founder and CEO of climate-focused parametric startup Adaptive ...Reuters
Wed, Apr 16
Spotify down for thousands of users globally, Downdetector shows
April 16 (Reuters) - Music streaming platform Spotify's SPOT.N services were down for thousands of users worldwide on Wednesday, according to Downdetector.com.There were more than 47,000 incidents of people reporting issues with Spotify as of 9:32 a.m. ET, the outage tracking website showed.The ...Reuters
Wed, Apr 16
US Army Corps grants emergency status for Enbridge Line 5 tunnel
By Valerie VolcoviciWASHINGTON, April 16 (Reuters) - The U.S. Army Corps of Engineers on Wednesday granted Enbridge's proposed tunnel for its Line 5 pipeline national energy emergency status, fast-tracking a key federal permitting process.President Donald Trump had ordered the Army Corps to issu...Reuters
Wed, Apr 16
BREAKINGVIEWS-‘Solar in space’ crowns white elephant energy boom
By Robert Cyran NEW YORK, April 16 (Reuters Breakingviews) - A white elephant is a beautiful gift that proves financially ruinous for whoever owns it. For utilities, the idea of sending satellites into space to generate solar power might qualify. Yet a new generation of startups and investors is ...Reuters
Wed, Apr 16
Ukraine accuses Russia of attacking its energy infrastructure 30 times since March
Ukraine says the attacks came despite ceasefire pactBoth sides allege violations of U.S.-brokered energy truceFighting persists along 1,000 km frontline KYIV, April 16 (Reuters) - Ukraine accused Russia on Wednesday of carrying out more than 30 attacks on its energy infrastructure since the two s...Reuters
Wed, Apr 16
US natgas prices slide 2% to 10-week low on near-record output
U.S. LNG export feedgas on track to hit record high in AprilU.S. gas output on track to hit record high in AprilU.S. gas storage about 4% below five-year averageBy Scott DiSavino April 16 (Reuters) - U.S. natural gas futures slid 2% to a 10-week low on near-record output and a decline in daily fl...Reuters
Wed, Apr 16
U.S. nuclear talks with Iran on Saturday moved to Rome from Oman, source says
WASHINGTON, April 16 (Reuters) - A second round of nuclear talks between the United States and Iran, scheduled for Saturday, will take place in Rome rather than Oman's Muscat, according to a source familiar with the matter.The venue of the upcoming talks has now shifted twice - from Rome to Musc...Reuters
Wed, Apr 16
CBOT Trends-Wheat up 5-8 cents, corn up 2-4 cents, soy up 1-3 cents
CHICAGO, April 16 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Wednesday.WHEAT - Up 5 to 8 cents* A weak dollar helps to support grain prices, as it makes U.S. farm goods more attractive t...Reuters
Wed, Apr 16
Hrl Laboratories Co, Boeing Completed Construction & Technical Validation On A Quantum Communication Subassembly For Boeing's Q4s Satellite Mission
April 16 (Reuters) - Boeing Co BA.N:HRL LABORATORIES: CO, BOEING COMPLETED CONSTRUCTION & TECHNICAL VALIDATION ON A QUANTUM COMMUNICATION SUBASSEMBLY FOR BOEING'S Q4S SATELLITE MISSIONReuters
Wed, Apr 16
