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Asian Development Bank leader Kanda announces reelection bid
TOKYO/MANILA, April 22 (Reuters) - Asian Development Bank President Masato Kanda announced on Wednesday his intention to stand for reelection as President after his current term ends on November 23, 2026, the Manila-based lender said in a statement. "With the trust of our partners, it would be m...Reuters
Wed, Apr 22
Copper to hit $15,000 a ton within three years, says CEO of trader Traxys
LONDON, April 22 (Reuters) - Copper prices may not move higher this year, but will probably hit a record $15,000 a metric ton within three years, the head of trading firm Traxys said on Wednesday. "I think we'll see higher copper and maybe not by the end of this year," said Traxys CEO Ma...Reuters
Wed, Apr 22
CORRECTED-TABLE-UAE's Fujairah oil inventory falls to 7 mln bbls, lowest in 9 years, data shows
April 22 (Reuters) - Stocks for refined oil products at the Fujairah in the United Arab Emirates have fallen to their lowest in at least nine years, data showed on Wednesday, after the U.S.-Iran war disrupted energy supplies in the region.It fell below 10 million barrels last week, in the midst of w...Reuters
Wed, Apr 22
METALS-Copper edges higher as dollar dips, investors assess Trump's ceasefire extension
April 22 (Reuters) - Copper prices edged up on Wednesday, as the dollar eased following U.S. President Donald Trump's indefinite ceasefire extension with Iran that offered cautious optimism to investors.The benchmark three-month copper CMCU3 on the London Metal Exchange gained 0.64% to $13,318 a...Reuters
Wed, Apr 22
Copper to keep flowing to US until July ahead of tariff decision, says Mercuria executive
LONDON, April 22 (Reuters) - More copper will flow to the United States due to a U.S. price premium until July, when a decision is expected on whether to impose tariffs on the metal, the global head of metals at trade house Mercuria said on Wednesday."That premium is still pulling tons in the U....Reuters
Wed, Apr 22
Asian Development Bank leader Kanda announces bid for second term
MANILA, April 22 (Reuters) - Asian Development Bank President Masato Kanda announced on Wednesday his intention to stand for reelection as President after his current term ends on November 23, 2026, the Manila-based lender said in a statement. "With the trust of our partners, it would be my hono...Reuters
Wed, Apr 22
AkzoNobel's price hikes help drive profits, to offset Iran war effects
CEO Poux-Guillaume says Middle East conflict impact to be offset by price hikesRaw material costs seen rising due to Strait of Hormuz disruptionCompany continues portfolio review in Southeast AsiaBy Dimitri Rhodes April 22 (Reuters) - Dulux paint maker AkzoNobel AKZO.AS reported a 7% jump in its...Reuters
Wed, Apr 22
RPT-Aluminium faces 'black swan' supply shock, Mercuria says
Gulf smelter shutdowns mean major aluminium shortages in 2026, Mercuria analyst saysSupply shock is biggest in base metals this century, analyst saysLME aluminium price hits four-year high, physical premiums jumpBy Pratima Desai LAUSANNE, Switzerland, April 21 (Reuters) - The global aluminium mar...Reuters
Wed, Apr 22
Australia's Treasury Wine surges 17% on robust China demand, new regional structure
Penfolds' depletion rises 40% in ChinaReiterates 2H26 EBITS to be higher than 1H26 levelsUnveils new geographical operating modelSecures A$300 million in new debt commitmentsShares advance 16.5%, best session since mid-Feb 2021By Shivangi LahiriApril 22 (Reuters) - Shares of Treasury Wine Estat...Reuters
Wed, Apr 22
MOL says oil shipments via Druzhba pipeline expected to restart to Hungary and Slovakia
BUDAPEST, April 22 (Reuters) - Hungary's oil group MOL MOLB.BU said on Wednesday that the Ukrainian operator of the Druzhba pipeline has officially informed the company that it is ready to resume crude oil transit to Hungary and Slovakia. Hungary and Slovakia have been cut off from Russian oil d...Reuters
Wed, Apr 22
Hungary's MOL says oil shipments expected to restart to Hungary and Slovakia
BUDAPEST, April 22 (Reuters) - Hungary's oil group MOL MOLB.BU said on Wednesday that the Ukrainian operator of the Druzhba pipeline has officially informed MOL that it is ready to resume crude oil transit to Hungary and Slovakia. "JSC Ukrtransnafta, the company responsible for operating the...Reuters
Wed, Apr 22
Fresnillo Says 2026 Outlook Is In Line With Previous Guidance
April 22 (Reuters) - Fresnillo PLC FRES.L:FRESNILLO PLC - FIRST QUARTER PRODUCTION REPORTFRESNILLO PLC: Q1 QUARTERLY ATTRIBUTABLE SILVER PRODUCTION DOWN 6.5% VERSUS. 1Q25FRESNILLO PLC: Q1 QUARTERLY ATTRIBUTABLE GOLD PRODUCTION DECREASED 12.8% VERSUS. 1Q25FRESNILLO PLC: Q1 QUARTERLY ATTRIBUTABLE BY-...Reuters
Wed, Apr 22
PRECIOUS-Gold rises as oil weakens after US extends ceasefire with Iran
US will indefinitely extend ceasefire with IranOil weakens as Trump extends Iran ceasefireKevin Warsh says he made no rate-cut promises to TrumpBy Noel John April 22 (Reuters) - Gold prices rose on Wednesday as lower oil prices, following a U.S. extension of a ceasefire with Iran, eased fears of ...Reuters
Wed, Apr 22
TABLE-North Sea gas maintenance schedule: Adds Aldbrough outage
April 22 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUT...Reuters
Wed, Apr 22
TECHNICALS-CBOT corn may retrace toward $4.52-1/4
SINGAPORE, April 22 (Reuters) - CBOT corn CK26 may retrace toward $4.52-1/4 per bushel, as it faces a resistance at $4.55-3/4.This barrier is identified as both the 86.4% projection level of a wave c from $4.43-1/4 and the 50% retracement on the downtrend from $4.73-3/4 to $4.43-1/4.A rising trendli...Reuters
Wed, Apr 22
FACTBOX-Ukraine's reliance on nuclear power increases during war
Ukraine operated four nuclear plants before Russia invaded Russia has damaged all of Ukraine's thermal plantsNuclear stations now produce 70% of Ukrainian electricityDependence on nuclear power rises sharply, bringing risksBy Pavel Polityuk KYIV, April 22 (Reuters) - Since Russia's 2022 i...Reuters
Wed, Apr 22
ROI-Five charts on how US clean electricity output keeps climbing: Maguire
By Gavin Maguire LITTLETON, Colorado, April 22 (Reuters) - Nine months after the administration of U.S. President Donald Trump gutted a swath of clean energy policies and pushed for greater output from fossil fuels, the U.S. electricity system keeps setting key new clean-power milestones.So far i...Reuters
Wed, Apr 22
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