News
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Trafigura says no bank lender lost money as a result of Mongolia fraud
Lausanne, Switzerland, March 25 (Reuters) - Bank lenders to commodity trader Trafigura lost no money on the $1.1 billion Mongolia fraud discovered by the company because all losses have been absorbed by its shareholders, Trafigura Chief Executive Richard Holtum told the FT Commodities Summit.Reuters
Tue, Mar 25
Private equity firm Trive sued over alleged fuel infrastructure scheme
By Mike ScarcellaMarch 25 (Reuters) - A fuel station supplier sued Trive Capital and two of its portfolio companies in federal court in Iowa on Monday, claiming they restricted competition in the U.S. Midwest for gas pump distribution and servicing, driving up fuel prices.The lawsuit from JF Petrole...Reuters
Tue, Mar 25
EXPLAINER-What are the US and Europe doing to counter Houthi strikes in the Red Sea?
MADRID, March 25 (Reuters) - In a messaging group that mistakenly disclosed plans by the U.S. to attack Yemen's Iran-aligned Houthis to a journalist, senior Trump administration officials including persons identified as Vice President JD Vance and Defense Secretary Pete Hegseth accused Europe o...Reuters
Tue, Mar 25
U.S. sanctions three Iranian officials allegedly involved in death of FBI agent Robert Levinson
By Ryan Patrick Jones March 25 (Reuters) - The United States has imposed sanctions on three Iranian intelligence officers for their alleged involvement in the disappearance of former FBI Special Agent Robert Levinson, the U.S. Treasury and State departments said in press releases on Tuesday. T...Reuters
Tue, Mar 25
Airbus sets out its stall ahead of new plane development
New airplane expected to enter service in 10-15 yearsWould be successor to top-selling A320neo familyNew plane expected to be 20%-30% more efficientBy Tim Hepher TOULOUSE, France, March 25 (Reuters) - Airbus AIR.PA on Tuesday gave a glimpse of technologies for its next airplane, a replacement for...Reuters
Tue, Mar 25
US says Ukraine, Russia agree to ensure safe navigation in Black Sea
WASHINGTON, March 25 (Reuters) - The United States said on Tuesday it has made separate agreements with Ukraine and Russia to ensure safe navigation in the Black Sea and to implement a ban strikes against energy facilities in the two countries.The White House said in a statement that Washington woul...Reuters
Tue, Mar 25
Fire at southern Russian oil depot extinguished after nearly a week, governor says
MOSCOW, March 25 (Reuters) - A fire at an oil depot in southern Russia's Krasnodar region after a suspected Ukrainian drone attack has been extinguished nearly a week after it started, region governor Veniamin Kondratiev said on Tuesday.The Kavkazskaya depot is located only a few kilometres fro...Reuters
Tue, Mar 25
Fire at southern Russian oil depot hit by drone attack put out after nearly a week, governor says
MOSCOW, March 25 (Reuters) - A fire at an oil depot in southern Russia's Krasnodar region sparked by a suspected Ukrainian drone attack has been extinguished nearly a week after it started, the region's governor, Veniamin Kondratiev, said on Tuesday.Reuters
Tue, Mar 25
Carney promises Canadian defense spending boost if he wins election
OTTAWA, March 25 (Reuters) - Prime Minister Mark Carney on Tuesday promised an "unprecedented acceleration of investment" in Canada's armed forces if his ruling Liberal Party wins a general election on April 28.U.S. President Donald Trump, who is threatening to impose tariffs on Canada a...Reuters
Tue, Mar 25
Brazil government confirms Japanese mission to inspect slaughterhouses
By Ana Mano SAO PAULO, March 25 (Reuters) - The Brazilian government on Tuesday confirmed a Japanese mission will visit the South American country to inspect its slaughterhouses, it said in a statement. After a meeting involving the agriculture ministers of both countries, Brazil said "this s...Reuters
Tue, Mar 25
Cerrejón Announces Production Reduction
March 25 (Reuters) - CERREJÓN:CERREJÓN ANNOUNCES PRODUCTION REDUCTIONCERREJÓN: COMMENCE REDUCING ANNUAL PRODUCTION BY BETWEEN 5-10 MILLION TONNES WITH IMMEDIATE EFFECTCERREJÓN: FULL YEAR PRODUCTION IS NOW ESTIMATED TO BE 11-16 MILLION TONNESSource text: [ID:]Reuters
Tue, Mar 25
CSX Secures New Five-Year Tentative Agreement With Signalmen
March 25 (Reuters) - CSX Corp CSX.O:CSX REACHES TENTATIVE LABOR AGREEMENT WITH SIGNALMENCSX CORP - SECURES NEW FIVE-YEAR TENTATIVE AGREEMENT WITH BRSCSX CORP - TENTATIVE AGREEMENT IS SUBJECT TO RATIFICATION BY UNION'S MEMBERSHIP AT CSX, ACCOUNTING FOR 1,215 SIGNALMENReuters
Tue, Mar 25
Trump's port fees on Chinese ships threaten US maritime industry, say executives
Hearing on proposed USTR port fee to continue WednesdayProposed fee on Chinese vessels will hurt US vessel operators, dampen demand for U.S.-built shipsDemocratic lawmakers back port fees, call for swift actionU.S. exports, seaports and jobs at risk if fees take effectBy Lisa Baertlein and David Law...Reuters
Tue, Mar 25
Brazil government confirms Japanese mission to inspect slaughterhouses
SAO PAULO, March 25 (Reuters) - The Brazilian government on Tuesday confirmed a Japanese mission will visit the South American country to inspect its slaughterhouses, it said in a statement. After a meeting involving the agriculture ministers of both countries, Brazil said "this step is essentia...Reuters
Tue, Mar 25
US natural gas prices hold near 3-week low on record output, milder weather 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 25 (Reuters) - U.S. natural gas futures held near a three-week low on Tuesday on record output and forecasts ...Reuters
Tue, Mar 25
