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Global coal power capacity inches up in 2024, data shows
By David Stanway SINGAPORE, April 3 (Reuters) - The world's coal-fired power fleet inched up by 18.8 gigawatts in 2024, its lowest rise in two decades, but new additions in China and India continued to offset closures elsewhere, data from U.S. think tank Global Energy Monitor showed on Thurs...
Reuters
Thu, Apr 3
Nissan Motor To Suspend Part Of Production Line At Its Mexican Plant, Nikkei Says
April 3 (Reuters) - Nissan Motor Co Ltd 7201.T:NISSAN MOTOR TO SUSPEND PART OF PRODUCTION LINE AT ITS MEXICAN PLANT, NIKKEI SAYSNISSAN MOTOR TO SUSPEND PARTIAL PRODUCTION IN MEXICO AS ITS PLANNED INCREASE IN PRODUCTION WILL END, NIKKEI SAYSSource text: [ID:]
Reuters
Wed, Apr 2
COLUMN-Trump's tariffs already have a major carve-out. Oil and gas: Russell
By Clyde Russell SYDNEY, April 3 (Reuters) - Almost unnoticed in the sweeping new import tariffs announced by U.S. President Donald Trump is that energy commodities have been excluded.The baseline of 10% on all imports to the United States, and higher for many major trading partners, won't ap...
Reuters
Wed, Apr 2
Motiva aims to complete Texas refinery FCC restart by April 10, sources say
HOUSTON, April 2 (Reuters) - Motiva Enterprises MOTIV.UL plans to complete by April 10 the restart of the gasoline-producing fluidic catalytic cracker at its 626,000 barrel-per-day Port Arthur, Texas refinery, said people familiar with plant operations on Wednesday.The 81,000-bpd FCC was shut on Jan...
Reuters
Wed, Apr 2
Canada, Mexico not subject to new global rates as fentanyl tariff still in place
By Emily Green and David LjunggrenMEXICO CITY/OTTAWA, April 2 (Reuters) - Mexico and Canada avoided fresh tariffs on Wednesday with President Donald Trump exempting the United States' top trading partners from his new 10% global tariff baseline, although previous duties remain in place. Goods fr...
Reuters
Wed, Apr 2
US tariff rate rockets to 22%, highest since 1910, Fitch economist says
April 2 (Reuters) - The U.S. tariff rate on all imports has rocketed to 22% from just 2.5% in 2024 under the new global levies imposed by President Donald Trump, Fitch Ratings' U.S. economic research chief said on Wednesday."That rate was last seen around 1910," Olu Sonola, Fitch's h...
Reuters
Wed, Apr 2
COLUMN-By the numbers: The erosion of US grain export dominance: Braun
By Karen Braun NAPERVILLE, Illinois, April 2 (Reuters) - The United States was once the world’s breadbasket, commanding global grain and oilseed trade by a wide margin.The country still leads in corn exports. That title, however, has recently been threatened by Brazil, the same party that demoted...
Reuters
Wed, Apr 2
Putin envoy Dmitriev, Trump envoy Witkoff meet in Washington
Dmitriev meets with Witkoff in WashingtonWitkoff is key player in Ukraine peace effortsMeeting comes as Trump admin puts tariffs on Ukraine, spares RussiaBy Erin Banco, Humeyra Pamuk and Gleb Stolyarov WASHINGTON, April 2 (Reuters) - Russian President Vladimir Putin's investment envoy Kirill ...
Reuters
Wed, Apr 2
CANADA-CRUDE-Canadian crude at 4-1/2 year high versus WTI as tariffs rattle market
By Amanda Stephenson April 2 (Reuters) - Canadian oil producers are benefiting from the strongest demand for their product in years, as threatened U.S. tariffs and stronger sanctions against competitors such as Venezuela lifted their crude to a four-and-a-half year high versus the U.S. benchmark ...
Reuters
Wed, Apr 2
COMMODITIES-Crude oil retreats, gold rallies after Trump imposes tariffs
Trump announces 10% baseline tariffs, higher rates on someCrude oil turns negative after retaliatory tariffs announcedGrains seen extending Wednesday declines on retaliation worryBy Karl Plume CHICAGO, April 2 (Reuters) - Crude oil turned negative on Wednesday afternoon and gold scaled fresh high...
Reuters
Wed, Apr 2
Oil imports exempted from Trump’s sweeping tariffs
WASHINGTON, April 2 (Reuters) - Imports of oil, gas and refined products were exempted from U.S. President Donald Trump’s sweeping new tariffs, the White House said on Wednesday.The exemption will come as a relief to the U.S. oil industry, which had expressed concerns that new levies could disrupt f...
Reuters
Wed, Apr 2
French wine, spirits sales in US expected to fall 20% after tariff announcement
PARIS, April 2 (Reuters) - Sales of French wine and spirits are expected to slide at least 20% in the United States after U.S. President Donald Trump announced reciprocal tariffs, the French wine and spirits exporters group FEVS said on Wednesday.Trump said the United States would impose a 20% duty ...
Reuters
Wed, Apr 2
REFILE-TEXT-White House fact sheet accompanying Trump's new tariff orders
April 2 (Reuters) - President Donald Trump on Wednesday unveiled sweeping global tariffs of at least 10% on goods imported from most U.S. trading partners.For details of the announcement see: https://www.whitehouse.gov/fact-sheets/2025/04/fact-sheet-president-donald-j-trump-declares-national-emergen...
Reuters
Wed, Apr 2
Canada, Mexico not subject to new global rates while fentanyl, border order in place
April 2 (Reuters) - President Donald Trump is not imposing his new 10% global tariff rate on goods from Canada and Mexico while his previous order remains in place for up to 25% tariffs on many goods from the two in connection to border control and fentanyl trafficking issues, according to a White H...
Reuters
Wed, Apr 2
GRAINS-Soy, corn, wheat futures drop on fears US tariffs will hurt demand
By Tom Polansek CHICAGO, April 2 (Reuters) - Chicago Board of Trade grain and soybean futures fell on Wednesday as traders worried that U.S. farm exports will suffer from new tariffs that President Donald Trump is expected to implement.Trump said after the markets closed that he would impose a 10...
Reuters
Wed, Apr 2
QUOTES-Wall Street reacts to Trump's reciprocal tariffs
April 2 (Reuters) - President Donald Trump said on Wednesday he would impose a 10% baseline tariff on all imports to the United States and higher duties on some of the country's biggest trading partners, a move that could escalate a trade war and upend the global economy.Trading partners are exp...
Reuters
Wed, Apr 2
Ukrainian delegation may be coming to US this week, Bessent tells Bloomberg
April 2 (Reuters) - A team from Ukraine may be coming to the United States as soon as this week or next week, U.S. Treasury Secretary Scott Bessent told Bloomberg Television on Wednesday, amid efforts to end the war with Russia.
Reuters
Wed, Apr 2
LIVESTOCK-CME cattle futures jump as Trump tariff plans fuel beef supply concerns
By Tom Polansek CHICAGO, April 2 (Reuters) - Chicago Mercantile Exchange live cattle futures set contract highs on Wednesday as expectations for U.S. President Donald Trump's new tariffs on imports fueled concerns that lofty beef prices may climb higher, analysts said.The U.S. is a net import...
Reuters
Wed, Apr 2
CORRECTED-GRAINS-Chicago soybeans rise on biofuel coalition meeting with EPA
Soybeans supported by oil and biofuel group meeting with EPACorn rises on wet weather in Delta and Ohio Valley Wheat up on lower than expected acreage data By Renee Hickman CHICAGO, April 1 (Reuters) - Chicago soybean futures rose on Tuesday ahead of a meeting between a coalition of oil and biofu...
Reuters
Wed, Apr 2
Australia says US tariffs not 'act of a friend' but rules out reciprocal moves
SYDNEY, April 3 (Reuters) - Australian Prime Minister Anthony Albanese said on Thursday the decision by U.S. President Donald Trump to impose tariffs was not "the act of a friend," but said his country would not place reciprocal tariffs against the United States.Trump said on Wednesday that ...
Reuters
Wed, Apr 2
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