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CBOT soybeans hit 2025 low after top buyer China raises tariffs
CHICAGO, April 4 (Reuters) - Chicago Board of Trade soybean futures tumbled on Friday on expectations that increased Chinese tariffs will kill chances for the U.S. to make sales to the world's top importer of the oilseed, analysts said.Beijing announced extra levies of 34% on all U.S. goods. Its...Reuters
Fri, Apr 4
Deals of the day-Mergers and acquisitions
April 4 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday: ** A New Zealand regulator on Friday said it was investigating Canadian billionaire James Grenon's acquisition of a stake in media firm NZME NZM.NZ, citing a "reasonable possi...Reuters
Fri, Apr 4
CBOT corn ends higher, avoids hit from increased Chinese tariffs
CHICAGO, April 4 (Reuters) - Chicago Board of Trade corn futures finished slightly higher in old-crop contracts on Friday as increased Chinese tariffs are not expected to have a major impact on U.S. exports of the grain, analysts said.CBOT May corn CK25 closed up 2-3/4 cents at $4.60-1/4 a bushel.Ch...Reuters
Fri, Apr 4
COMMODITIES-Oil sinks to pandemic lows; metals, soybeans slump as China retaliates
By Anna Hirtenstein and Karl Plume LONDON/CHICAGO April 4 (Reuters) - Oil prices plunged nearly 8% on Friday to the lowest level since 2021, while copper, soybeans and other commodities also fell as China retaliated against U.S. President Donald Trump's aggressive tariffs.Safe-haven gold was ...Reuters
Fri, Apr 4
China hits back at US tariffs with export controls on key rare earths
Rare earth magnets to be covered by export controlsExport controls cover all countries, not just USManufacturers scrambling for access outside ChinaChina's move seen as opening salvo in U.S. trade spatBy Lewis Jackson, Amy Lv, Eric Onstad and Ernest Scheyder BEIJING/LONDON, April 4 (Reuters) ...Reuters
Fri, Apr 4
Panama Canal to open bidding for LPG pipeline, authority says
By Marianna Parraga April 4 (Reuters) - The Panama Canal has authorized the opening of a bidding process for a new pipeline that will transport liquefied petroleum gas (LPG) across the interoceanic waterway, its authority said on Friday.Since Panama's Supreme Court last year ruled the return ...Reuters
Fri, Apr 4
US natgas prices drop 7% on reduced flows to LNG export plants, lower demand forecasts
US gas output on track to drop from record high in MarchUS LNG export feedgas on track to drop from record high in MarchUS gas inventories on track for rare build in MarchBy Scott DiSavinoApril 4 (Reuters) - U.S. natural gas futures dropped about 7% to a five-week low on Friday on a decline in daily...Reuters
Fri, Apr 4
FACTBOX-How Canada is retaliating against US tariffs
By Promit Mukherjee OTTAWA, April 4 (Reuters) - Canadian Prime Minister Mark Carney announced limited countermeasures against U.S. auto tariffs on Thursday, imposing a 25% tariff on vehicles imported from the United States that are not compliant with the U.S.-Mexico-Canada trade deal.Carney, who ...Reuters
Fri, Apr 4
PRECIOUS-Gold retreats as stock market selloff prompts investors to cover losses
China to impose tariffs of 34% on all US goods from April 10U.S. nonfarm payrolls increase by 228,000 in MarchSilver set for its worst week since September 2020Fed chief Powell cites risk of persistent inflationBy Anmol Choubey April 4 (Reuters) - Gold fell more than 3% on Friday, erasing gains f...Reuters
Fri, Apr 4
Cocoa, coffee, sugar prices slide as markets remain rattled by tariffs
NEW YORK, April 4 (Reuters) - World cocoa, coffee and sugar prices slid again on Friday as markets remained rattled by U.S. president Donald Trump's sweeping tariffs , especially after China retaliated with its own levies on U.S. imports. Trump on Wednesday imposed a 10% tar...Reuters
Fri, Apr 4
US oil service firms set for hit from Trump tariffs, tumbling oil prices
By Georgina McCartney HOUSTON, April 4 (Reuters) - U.S. oilfield service firms are bracing for a hit as President Donald Trump's tariffs throw supply chains into disarray and tumbling oil prices set the stage for a drop in drilling activity, analysts and financial firms said on Friday.Fin...Reuters
Fri, Apr 4
Refining stocks plunge to near two-year lows as Trump tariffs spur demand worries
By Nicole Jao NEW YORK, April 4 (Reuters) - Shares of U.S. refiners fell to two-year lows on Friday in the wake of U.S. President Trump's announcement of new tariffs, as fears of slower oil and fuel demand and weakening refining margins rattled investors.Top refiners Marathon Petroleum MPC.N,...Reuters
Fri, Apr 4
US oil rig count rises to highest since June, Baker Hughes says
By Scott DiSavino April 4 (Reuters) - U.S. energy firms this week cut the total number of rigs operating for a second week in a row, even as the number of oil rigs rose to the highest since June, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.The oil and gas...Reuters
Fri, Apr 4
US Cash Grains-Corn basis steady-firm; soy basis flat
CHICAGO, April 4 (Reuters) - Spot basis bids for corn were steady to firmer in the U.S. Midwest on Friday, reflecting grain demand from processors and elevators amid a slow pace of corn sales by farmers, dealers said.* The corn basis firmed by 2 cents a bushel at a Union City, Indiana, ethanol plant...Reuters
Fri, Apr 4
Seeking to punish cheaters, Saudi Arabia pushes OPEC+ to open oil taps
Saudi Arabia seeks to punish cheaters - three sourcesOil falls 8% below $65 per barrel, lowest since 2021Move revives memories of oil price wars of 2014, 2020Production hike, oil price drop to appease TrumpBy Ahmad Ghaddar and Alex Lawler LONDON, April 4 (Reuters) - Saudi Arabia's anger at Ka...Reuters
Fri, Apr 4
Amazon shipping route for Brazilian soy disrupted by protests, poor roads
By Ana Mano SAO PAULO, April 4 (Reuters) - Indigenous protests and poor roads have disrupted shipping of Brazil's bumper soybean crop this week via the river port of Miritituba in the Amazon rainforest, where global grains traders including Cargill and Bunge BG.N have important operations.Dem...Reuters
Fri, Apr 4
US oil rig count rises to highest since June, Baker Hughes says
By Scott DiSavino April 4 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row, even as the number of oil rigs rose to the highest since June, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.T...Reuters
Fri, Apr 4
Turbine Finance Raised $13 Mln In Series A Funding, Secured $100 Mln Warehouse Facility From SVB
April 4 (Reuters) - Turbine Finance Corp:TURBINE FINANCE CORP: RAISED $13 MILLION IN SERIES A FUNDING CO-LED BY ALPHA EDISON & TTV CAPITAL, JOINED BY FIN CAPITAL, B CAPITAL, SOZO VENTURESTURBINE FINANCE CORP: SECURED UP TO $100 MILLION WAREHOUSE FACILITY FROM SILICON VALLEY BANKReuters
Fri, Apr 4
