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RPT-BNSF says its freight train derailed in storm-hit Arkansas
April 3 (Reuters) - The United States' BNSF Railway on Wednesday said it had received a preliminary report of a freight train derailment near the northeastern city of Bay in Arkansas state, an area that was hit by storms and tornadoes in the day.BNSF did not specify the reason for derailment, bu...Reuters
Thu, Apr 3
Fire put out at PBF Martinez, California refinery, CCH said
April 3 (Reuters) - The Contra Costa Health Services (CCH) said a fire that broke at PBF Energy's PBF.N 156,400 barrel-per-day (bpd) Martinez, California refinery on Wednesday evening has been put out. "The refinery reports that someone was injured in the fire," CCH said in a post on soc...Reuters
Thu, Apr 3
BNSF says its freight train derailed in storm-hit Arkansas
April 3 (Reuters) - The United States' BNSF Railway on Wednesday said it had received a preliminary report of a freight train derailment near the northeastern city of Bay in Arkansas state, an area that was hit by storms and tornadoes in the day.BNSF did not specify the reason for derailment, bu...Reuters
Thu, Apr 3
EXPLAINER-Could Panama throw a new wrench into BlackRock's ports deal?
By Marianna Parraga and Brendan O'Boyle April 3 (Reuters) - BlackRock BLK.N could hit another roadblock in its attempt to secure control of two flagship ports near the Panama Canal once the Central American country releases an audit on a 25-year concession granted to Hong Kong-based CK Hutchi...Reuters
Thu, Apr 3
French government: France and Europe to reciprocate to Trump tariffs this month
PARIS, April 3 (Reuters) - France, working along with the European Union (EU), is likely to issue reciprocal responses to U.S. President Donald Trump's tariff measures on the EU initially in mid-April and then again in late April, said France's goverment spokeswoman."There are two respon...Reuters
Thu, Apr 3
PRESS DIGEST- New York Times business news - April 3
April 3 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- U.S. President Donald Trump unveiled his most expansive tariffs to date on Wednesday, announcing a 10% baseline tariff on all tra...Reuters
Thu, Apr 3
Australia says US tariffs 'not act of a friend' but rules out reciprocal move
Trump to impose 10% baseline tariff on Australian exportsTrump singles out Australian beef in White House commentsAlbanese says Australia will not join a race to the bottomBy Renju Jose and Kirsty Needham SYDNEY, April 3 (Reuters) - Australian Prime Minister Anthony Albanese said on Thursday the ...Reuters
Thu, Apr 3
Tornadoes, heavy rains rip across central, southern US
By Brad BrooksApril 2 (Reuters) - Tornadoes ripped across a wide swath of central and southern United States on Wednesday, destroying homes and businesses and bringing down power lines and trees.The National Weather Service said there had been at least 15 reports of tornadoes in at least four states...Reuters
Thu, Apr 3
With US tariffs, India's jewellery exports set for sharp decline
By Rajendra Jadhav MUMBAI, April 3 (Reuters) - India's $32 billion gems and jewellery industry is bracing for a sharp fall in exports as hefty U.S. tariffs will impede overseas sales to its biggest market, industry officials said.The United States slapped a 26% reciprocal tariff on India, dea...Reuters
Thu, Apr 3
Myanmar earthquake toll crosses 3,000; forecast rains pose new threat for rescuers
Death toll rises to 3,003 from Myanmar earthquakeWeather officials warn of unseasonal rainRains could complicate rescue, relief effortsLeader set to fly to regional summit in Bangkok BANGKOK, April 3 (Reuters) - The death toll from Myanmar's devastating earthquake has surpassed 3,000, with h...Reuters
Thu, Apr 3
COMMODITIES-Oil, copper slide as Trump tariffs rattle markets; gold hits record high
SINGAPORE, April 3 (Reuters) - Commodities including oil, copper and agricultural products dropped on Thursday as U.S. President Donald Trump's aggressive tariffs on key trading partners fuelled fears of recession, while safe-heaven gold jumped to an all-time high.
Tornadoes, heavy rains rip across central, southern US
By Brad BrooksApril 2 (Reuters) - Tornadoes ripped across a wide swath of the central and southern United States on Wednesday, destroying homes and businesses and bringing down power lines and trees. The National Weather Service said there had been at least 15 reports of tornadoes in at least four s...Reuters
Thu, Apr 3
TECHNICALS-CBOT soybeans to retest support at $10.07-3/4
For more technical analyses, please click SINGAPORE, April 3 (Reuters) - The CBOT soybean May contract SK25 is expected to retest support at $10.07-3/4 per bushel, as a three-wave cycle from $9.90-3/4 may have completed.The completion has been confirmed by the deep fall on April 3. Even though this ...Reuters
Thu, Apr 3
Iron ore dips on US tariffs, but resilient steel demand caps losses
By Michele Pek SINGAPORE, April 3 (Reuters) - Iron ore futures inched lower on Thursday after U.S. President Donald Trump unveiled a broad set of reciprocal tariffs, although seasonal demand for the steelmaking ingredient helped cushion the fall. The most-traded May iron ore contract on China'...Reuters
Thu, Apr 3
VEGOILS-Palm opens lower on weaker rival oils, crude oil prices
KUALA LUMPUR, April 3 (Reuters) - Malaysian palm oil futures fell on Thursday, set to snap a four-session rally, as weaker rival edible oils and crude oil prices following U.S President Donald Trump's imposition of tariffs on trading partners weighed on sentiment. The benchmark palm oil contract...Reuters
Thu, Apr 3
WTI trims part of tariffs-inspired losses, finds some support near $69.00 mark
West Texas Intermediate (WTI) US Crude Oil prices extend the previous day's retracement slide from the $72.00 neighborhood, or the highest level since February 21, and attract heavy follow-through selling during the Asian session on Thursday.Fxstreet
Thu, Apr 3
RUBBER-Japan futures fall to near three-week low on US tariff woes
SINGAPORE, April 3 (Reuters) - Japanese rubber futures hit a near three-week low on Thursday, after U.S. President Donald Trump announced a sweeping set of tariffs, dampening the global demand outlook while widening the trade war. The Osaka Exchange (OSE) September rubber contract JRUc6, 0#2JRU: w...Reuters
Thu, Apr 3
Volkswagen to introduce 'import fee' on tariff-hit cars, WSJ reports
April 2 (Reuters) - Volkswagen VOWG.DE will introduce an "import fee" on vehicles affected by the 25% tariffs imposed by U.S. President Donald Trump, the Wall Street Journal reported on Wednesday.The German automaker also said it has temporarily halted rail shipments of vehicles from Mexico ...Reuters
Thu, Apr 3
Volkswagen Will Add An “Import Fee” To The Stickers On Its Cars That Are Affected By 25% Vehicle Tariff- WSJ
April 2 (Reuters) - VOLKSWAGEN WILL ADD AN “IMPORT FEE” TO THE STICKERS ON ITS CARS THAT ARE AFFECTED BY THE 25% VEHICLE TARIFF- WSJVOLKSWAGEN SAID IT HAS TEMPORARILY HALTED RAIL SHIPMENTS OF VEHICLES FROM MEXICO, SAID IT WOULD HOLD AT PORT CARS ARRIVING BY SHIP FROM EUROPE -WSJSource: https://tiny...Reuters
Thu, Apr 3
GRAINS-Chicago soy, corn, wheat futures tumble on fears of tariff retaliation
By Ella Cao and Lewis Jackson BEIJING, April 3 (Reuters) - The Chicago Board of Trade (CBOT) saw declines in grain and soybean futures on Thursday as concerns grew that the new U.S. tariffs could trigger retaliatory actions against U.S. farm products, with over 40% of U.S. soybean production sold...Reuters
Thu, Apr 3
