News
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Nippon Steel widens full-year net-loss forecast to $446 million
Muroran blast furnace halt hits profit by 40 billion yenExpects U.S. Steel performance to recover in FY2026Indian business improving after bottoming out in DecemberBy Katya Golubkova and Yuka Obayashi TOKYO, Feb 5 (Reuters) - Nippon Steel 5401.T on Thursday widened its net-loss forecast for the f...Reuters
Thu, Feb 5
TotalEnergies signs 3.3TWh power contract with Airbus for German, British sites
By America HernandezPARIS, Feb 5 - French oil major TotalEnergies has signed two deals to supply Airbus AIR.PA with 3.3 terawatt-hours of electricity for its German and British sites, an amount the companies said would cover about half the sites' power needs for the next decade.Germany and Brita...Reuters
Thu, Feb 5
Singapore fuel oil inventories rebound after temporary drawdown
SINGAPORE, Feb 5 (Reuters) - Singapore onshore fuel oil inventories have rebounded this week after dropping sharply in the previous week, with stocks piling above average levels again, data showed on Thursday. Inventories rose 21.4% from the previous week to 24.20 million barrels (about 3.81 millio...Reuters
Thu, Feb 5
PRECIOUS-Gold, silver drop on firm dollar, broad market selloff
Gold down nearly 1% having dropped nearly 4% earlierGlobal commodities dive after Trump-Xi callSpot silver holds nearly 10% down, after falling almost 17%Asia shares slump as global tech selloff spooks investorsBy Ishaan Arora Feb 5 (Reuters) - Gold and silver prices fell sharply in a broader mar...Reuters
Thu, Feb 5
Taiwan to ramp up purchases of US natural gas this year
TAIPEI, Feb 5 (Reuters) - Taiwan will ramp up its purchases of U.S. natural gas to make up about one-third of its imported supply this year, and reduce purchases from other countries, officials said on Thursday.Taiwan, which runs a large trade surplus with the U.S., has shown an interest in a potent...Reuters
Thu, Feb 5
Finland's Neste tops core profit forecast as biofuel regulations boost demand
Feb 5 (Reuters) - Finnish biofuel maker and oil refiner Neste NESTE.HE reported a quarterly core profit well above market expectations on Thursday, aided by favourable regulatory developments and growing demand for renewable fuels in Europe.European regulations aimed at reducing fuel emissions and s...Reuters
Thu, Feb 5
India-US trade deal to be signed in March, Indian trade minister says
NEW DELHI, Feb 5 (Reuters) - India and the United States expect to sign a formal agreement on their trade deal in March and New Delhi will reduce tariffs on U.S. goods once the legal document is signed, India's trade minister said on Thursday.The two sides will issue a joint statement in the nex...Reuters
Thu, Feb 5
China criticises US plan for critical minerals trade bloc
BEIJING, Feb 5 (Reuters) - China opposes any country undermining the international economic and trade order through rules imposed by small groups, the Chinese foreign ministry said on Thursday, after the United States unveiled plans for a preferential trade bloc of allies for critical minerals."...Reuters
Thu, Feb 5
TECHNICALS-CBOT corn signals mixed
SINGAPORE, Feb 5 (Reuters) - Signals are mixed for CBOT March corn CH26，as it is hard to classify the sudden rise on Wednesday.The rise could be either an extension of the uptrend from $4.17 per bushel or a part of the correction from $4.34. Signals will become clearer when the market gets out of th...Reuters
Thu, Feb 5
Anglo American reports 10% drop in 2025 copper output, cuts 2026 guidance
LONDON, Feb 5 (Reuters) - Global miner Anglo American AAL.L on Thursday posted a 10% drop in copper production last year to 695,000 metric tons, the lower end of its guidance, and cut its 2026 forecast for the transition metal.The London-listed miner now expects 2026 copper production of between 700...Reuters
Thu, Feb 5
METALS-Copper slides in broad metals tumble; rising inventories in focus
Feb 5 (Reuters) - Copper fell sharply on Thursday, extending losses across precious metals, as rising inventories and a stronger U.S. dollar raised demand concerns.The most-active copper contract on the Shanghai Futures Exchange SCFcv1 closed daytime trading down 3.76% at 100,980 yuan ($14,548.96) a...Reuters
Thu, Feb 5
China faces higher prices for further U.S. soybean buys to please Trump
Trump eyes sale of 20 mln T of U.S. soybeans to China Trump, Xi spoke ahead of U.S. leader's April visitU.S. soy price gap with Brazil widens, raising costBy Naveen Thukral and Ella Cao SINGAPORE/BEIJING, Feb 5 (Reuters) - Chinese soybean importers face much higher costs to bring in an additi...Reuters
Thu, Feb 5
Pandora aims to break with volatile silver market, CEO says
LONDON, Feb 5 (Reuters) - Jewellery brand Pandora is introducing platinum-plated products to distance itself from the volatile silver market after a historic surge in the price of the precious metal, the company's new CEO said on Thursday. "We have to decouple the performance of the comp...Reuters
Thu, Feb 5
Anglo American copper output fell 10% in 2025, cuts 2026 guidance
LONDON, Feb 5 (Reuters) - Global miner Anglo American AAL.L on Thursday posted a 10% drop in copper production last year to 695,000 metric tons, and cut its 2026 guidance for the transition metal.The London-listed miner now expects 2026 copper production of between 700,000 and 760,000 tons, from a p...Reuters
Thu, Feb 5
Finland's Neste beats core profit forecasts in fourth quarter
Feb 5 (Reuters) - Finnish biofuel maker and oil refiner Neste NESTE.HE on Thursday reported a higher-than-expected core profit for the fourt quarter and said it was seeing favourable regulatory developments and growing demand for renewable fuels in Europe.Reuters
Thu, Feb 5
RPT-ROI-Japan-Qatar gas tie-up highlights global push for energy security: Bousso
By Ron Bousso LONDON, Feb 5 (Reuters) - Qatar's long-term deal to supply Japan's power giant JERA with liquefied natural gas highlights two key themes in the red-hot market for this super-chilled fuel: the race to gain market share and the global push for energy security.Qatar's natio...Reuters
Thu, Feb 5
Belgium resumes talks with Engie on further nuclear reactor extensions, L'Echo reports
BRUSSELS, Feb 5 (Reuters) - The Belgian government has resumed talks with French utility Engie ENGIE.PA over potential further extensions of the country's nuclear reactors, Belgian newspaper L’Echo reported on Thursday.After an initial meeting with Prime Minister Bart De Wever, another meeting i...Reuters
Thu, Feb 5
