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Exclusive: Marsh Singapore marine head Coupland resigns
By Michael JonesApril 7 - (The Insurer) - Marsh Singapore's head of marine Chris Coupland has resigned from his position, two senior marine market sources told The Insurer.These sources said that Coupland has another senior marine broking position lined up. The Insurer could not confirm this des...Reuters
Mon, Apr 7
PRESS DIGEST-Canada - April 7
April 7 (Reuters) - The following are the top stories from a selected Canadian newspaper. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL- Simpson Oil, with a 19.8% stake in Parkland Corp. PKI.TO, nominated nine candidates for the firm's 11-member ...Reuters
Mon, Apr 7
Trump orders review of US Steel acquisition - statement
April 7 (Reuters) - President Donald Trump on Monday directed the Committee on Foreign Investment in the United States to review the acquisition of U.S. Steel by the buyers "to assist me in determining whether further action in this matter may be appropriate."Reuters
Mon, Apr 7
Peru to work with export groups to minimize U.S. tariff hit
LIMA, April 7 (Reuters) - Peru is working with export groups to weigh the impact of fresh U.S. tariffs and limit their impact, Economy Minister Jose Salardi said on Monday.When asked if tariffs would hurt the economy of Peru, a major copper exporter, Salardi responded that the government was maintai...Reuters
Mon, Apr 7
UK PM says all options on British Steel plant remain on table
LONDON, April 7 (Reuters) - British Prime Minister Keir Starmer said on Monday he was keeping all options open in relation to the future of the China-owned British Steel plant in Scunthorpe, northeast England."All options are on the table in relation to Scunthorpe," Starmer told a press conf...Reuters
Mon, Apr 7
As oil plunges, Kremlin sees a global economic storm
Oil prices plunge, Urals close to $50Russia assumes Urals at $69.7 for the budget Russian oil and gas key for the budgetRussia's c.bank warns of several years of low oil pricesOPEC+ may revise its oil output hike plans, an analyst saysBy Dmitry Antonov, Vladimir Soldatkin and Guy Faulconbridge ...Reuters
Mon, Apr 7
Gold reserves in London vaults rise 0.1% m/m in March, says LBMA
LONDON, April 7 (Reuters) - The London Bullion Market Association (LBMA) said on Monday that gold held in London vaults totalled 8,488 metric tons at the end of March, up 0.1% from the previous month.There were also 22,127 tons of silver held, down 1.5% from February, the LBMA added.Reuters
Mon, Apr 7
Ontario announces C$11 billion in tariff support
TORONTO, April 7 (Reuters) - Ontario will provide around C$11 billion ($7.7 billion) in relief to workers and businesses to help weather tariffs in Canada's largest province, Premier Doug Ford said in an X post on Monday.The relief comes in the form of deferred taxes for businesses and a rebate ...Reuters
Mon, Apr 7
SOFTS-Coffee, cocoa, sugar slide as Trump tariff turmoil continues
LONDON, April 7 (Reuters) - Coffee, cocoa and sugar futures traded on ICE slid on Monday as investors continue to fret about recession risks, with U.S. president Donald Trump showing little sign of backing down from sweeping trade tariffs. Trump on Sunday said countries would have to "take ...Reuters
Mon, Apr 7
Exxon CEO Woods' compensation rose 19% in 2024
April 7 (Reuters) - Exxon Mobil XOM.N CEO Darren Woods' pay package for 2024 rose 19.3% to $44.1 million, a regulatory filing by the U.S. oil major on Monday showed. Woods' base salary was about $1.96 million, with the majority of his pay package based on variable factors, including ...Reuters
Mon, Apr 7
Trump says Japan sending 'top team' for trade talks
WASHINGTON, April 7 (Reuters) - Japan is sending a "top team to negotiate" on trade, U.S. President Donald Trump said, adding that he and Japanese Prime Minister Shigeru Ishiba spoke earlier on Monday and highlighting autos and agriculture in a post on his social media platform."Countrie...Reuters
Mon, Apr 7
EU Commission head discusses response to tariffs with auto, steel and pharma leaders
EU already plans response to U.S. steel tariffs, industry wants moreAuto sector seeks negotiated solution, lower tariffs on US car importsPharma industry dodged latest round of tariffs, but faces future dutiesReuters Tariffs Live PageBy Julia Payne and Maggie Fick BRUSSELS/LONDON, April 7 (Reuter...Reuters
Mon, Apr 7
CBOT Trends-Wheat up 6-7 cents, corn down 1-2, soy up 1-2
CHICAGO, April 7 (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 Monday.WHEAT - Up 6 to 7 cents per bushel* CBOT wheat futures bounced as traders and commodity funds covered their sizable sho...Reuters
Mon, Apr 7
U.S. nuclear power plant outages
April 7 (Reuters) - The following table lists total U.S. nuclear power generation capacity and the capacity offline due to planned and unplanned reasons, according to the daily data from the U.S. Nuclear Regulatory Commission.Total capacity EL-USTOTCAP-MW ......... 96,986 MW Total...Reuters
Mon, Apr 7
GRAINS-Chicago soybeans rise after China tariff shock
By Michael Hogan HAMBURG, April 7 (Reuters) - Chicago soybeans rose on Monday fueled by buyers looking for bargains after China's announcement of additional tariffs on all U.S. goods led to sharp price drops on Friday.Corn, meanwhile, fell on continued pressure from the tariff issue and the e...Reuters
Mon, Apr 7
EU prioritises talks with US to get Trump's tariffs removed
European Union set to approve retaliation against US steel and aluminium tariffsEU ministers debate response to broader US tariffsFrance says EU must consider tools that could hit US services https://www.reuters.com/world/us/donald-trump/trump-tariffs-live-asian-markets-us-stock-futures-tumbl...Reuters
Mon, Apr 7
PRECIOUS-Gold holds ground amid strong central bank demand, Fed rate cut prospects
China's central bank Deutsche Bank upgrades gold year-end forecast to $3,350/ozSilver up over 2% By Anmol Choubey April 7 (Reuters) - Gold prices held steady on Monday, bolstered by strong central bank demand and the potential for an early interest rate cut by the U.S. Federal Reserve.Spot go...Reuters
Mon, Apr 7
COMMODITIES-Oil drops to four-year low, metals fall on recession fears
Investors fear global trade war will hurt raw materials demandOil prices hit lowest since 2021 amid recession fearsGold prices fall as investors sell off assetsBy Anna Hirtenstein LONDON, April 7 (Reuters) - Oil slid around 3% on Monday to its weakest since 2021, while most commodity markets incl...Reuters
Mon, Apr 7
