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INTERVIEW -Zaporizhzhia nuclear plant could restart months after ceasefire, IAEA chief says
Truce would enable switch to 'non-war mode', Grossi saysHe finds Russia managing plant 'professionally'A restart could see first reactor operating in monthsRestarting all reactors 'difficult but not impossible'By Francois Murphy VIENNA, March 26 (Reuters) - The Russian-hel...Reuters
Wed, Mar 26
Tesla plans more investment in Saudi Arabia "for 2025 and beyond" after launch next month
DUBAI, March 26 (Reuters) - Tesla TSLA.O plans more investments in Saudi Arabia for 2025 and beyond, it said on Wednesday, after the electric carmaker announced it would start sales in the Gulf country next month.The company will open its first official pop-up stores on April 11 in the capital city ...Reuters
Wed, Mar 26
Carney promises C$2 bln fund to boost Canadian auto industry
OTTAWA, March 26 (Reuters) - Canadian Prime Minister Mark Carney on Wednesday said if the ruling Liberals won an April 28 election, his government would create a C$2 billion ($1.40 billion) fund to boost the auto sector's competitiveness.Carney, speaking to a televised press conference in Windso...Reuters
Wed, Mar 26
Carney says China does not share Canada's values on trade
OTTAWA, March 26 (Reuters) - China does not share Canadian values when it comes to trade and Canada needs to be very careful about boosting bilateral commercial ties, Prime Minister Mark Carney said on Wednesday. Carney, seeking to lead the ruling Liberals to a general election victory on April 2...Reuters
Wed, Mar 26
US jet fuel demand fell to lowest in a year last week, EIA says
NEW YORK, March 26 (Reuters) - U.S. jet fuel demand fell by 431,000 barrels-per-day (bpd) to 1.41 million bpd in the week ended March 21, the lowest since February 2024, data from the U.S. Energy Information Administration showed on Wednesday.That was the biggest week-over-week slump in demand since...Reuters
Wed, Mar 26
U.S. il and gas activity increased in the first quarter, Dallas Fed
HOUSTON, March 26 (Reuters) - Activity in the U.S. oil and gas sector increased slightly in first quarter of 2025, but uncertainty and pessimism among companies also rose, Dallas Fed survey showed.Oil and gas production increased slightly in the first quarter 2025, the survey said, and costs among o...Reuters
Wed, Mar 26
Lufthansa CTO calls for smoother implementation of green jet fuel mandates
March 26 (Reuters) - Deutsche Lufthansa AG LHAG.DE:LUFTHANSA CTO: TARIFFS ARE A ZERO SUM GAME, RELATIVELY OPTIMISTIC THERE WILL BE NO ESCALATIONLUFTHANSA CTO: WE HAVE 41 FEWER NEW WIDEBODY AIRCRAFT THAN PLANNED DUE TO DELIVERY DELAYSLUFTHANSA CTO: IF ALL GOES AS PLANNED, WE SHOULD BE THE LAUNCH C...Reuters
Wed, Mar 26
China's vice premier raises 'solemn concerns' over tariffs in talks with US trade chief
BEIJING, March 26 (Reuters) - China's Vice Premier He Lifeng expressed "solemn concerns" over U.S. tariffs and planned "reciprocal" duties in a video call with U.S. top trade chief Jamieson Greer on Wednesday, Chinese state media Xinhua news agency reported.The two men had a "...Reuters
Wed, Mar 26
Carney says China does not share Canada's values on trade
OTTAWA, March 26 (Reuters) - China does not share Canadian values when it comes to trade and Canada needs to be very careful about boosting bilateral commercial ties, Prime Minister Mark Carney told a press conference on Wednesday.Reuters
Wed, Mar 26
Gold: Chinese Life Insurance companies become members of the exchange – TDS
China Lifecos are already on the bid in Gold. The Shanghai Gold exchange admitted four Chinese Life Insurance companies as members of the exchange, enabling them to purchase Gold as part of a pilot program that could grow the network of Gold buyers and create a massive new buying impulse, TDS' Senior Commodity Strategist Daniel Ghali notes.
Fxstreet
Wed, Mar 26
Exxon investing $100 million in facility to produce cleaning alcohol for chip industry
By Sheila Dang HOUSTON, March 26 (Reuters) - Exxon Mobil XOM.N said on Wednesday it will spend $100 million to upgrade its Baton Rouge, Louisiana, chemical plant to produce a highly pure form of isopropyl alcohol that is used in the tech industry to clean and process microchips. The move comes as...Reuters
Wed, Mar 26
China's vice premier raises 'solemn concerns' over tariffs in talks with US trade chief
BEIJING, March 26 (Reuters) - China's Vice Premier He Lifeng expressed "solemn concerns" over U.S. tariffs and planned "reciprocal" duties in a video call with U.S. top trade chief Jamieson Greer on Wednesday, Chinese state media Xinhua news agency reported.The two men had a "...Reuters
Wed, Mar 26
BofA raises gold price forecasts for 2025, 2026
March 26 (Reuters) - Bank of America (BofA) has raised its gold period average forecasts for this year and next, while highlighting that uncertainty arising from U.S. trade policies will continue to lend support to prices in the near-term.BofA now expects gold to trade at $3,063 per ounce (oz) in 20...Reuters
Wed, Mar 26
Carney promises C$2 bln fund to boost Canadian auto industry
OTTAWA, March 26 (Reuters) - Canadian Prime Minister Mark Carney on Wednesday said if the ruling Liberals won an April 28 election, his government would create a C$2 billion ($1.40 billion) fund to boost the auto sector's competitiveness.Carney, speaking to a televised press conference in Windso...Reuters
Wed, Mar 26
US natgas prices edge up 1% on record LNG flows and higher demand forecasts
US gas output on track to hit monthly record in March US LNG export feedgas set to hit monthly record in MarchUS gas inventories on track for unusual build in MarchBy Scott DiSavino March 26 (Reuters) - U.S. natural gas futures edged up about 1% on Wednesday on record gas flows to liquefied natur...Reuters
Wed, Mar 26
COLUMN-Can Trump's critical minerals drive pass the copper test?: Andy Home
By Andy Home LONDON, March 26 (Reuters) - U.S. President Donald Trump's executive order on boosting domestic minerals production is intended to blast a path through the thicket of mine permitting in the United States. It takes an average of nearly 29 years for a new mine to go from discovery ...Reuters
Wed, Mar 26
Mali expects rise in gold output in 2025 on reopened Barrick operations
BAMAKO, March 26 (Reuters) - Mali is forecasting a slight recovery in industrial gold output in 2025 on the assumption that mining giant Barrick Gold ABX.TO will resume operations after a months-long standoff with the government, a document seen by Reuters on Wednesday showed.Reuters
Wed, Mar 26
Brazil's JBS bullish despite challenging outlook for U.S. beef business
SAO PAULO, March 26 (Reuters) - JBS JBSS3.SA, the world's largest meat company, said cattle remains scarce in the U.S., affecting the outlook of its beef business in the country where the company derives most of its sales.While the operating environment seems more challenging than in 2024, manag...Reuters
Wed, Mar 26
