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Putin speaks to UAE president on Ukraine and OPEC+
MOSCOW, March 24 (Reuters) - Russian President Vladimir Putin spoke to United Arab Emirates President Sheikh Mohammed bin Zayed Al Nahyan about OPEC+ cooperation and Russia-U.S. talks on Ukraine, the Kremlin said on Monday.The presidents "gave a positive assessment" of the level of Russia-UA...Reuters
Mon, Mar 24
Gold rally attracts investors back to mining stocks after months of outflows
Gold mining ETFs draw first monthly inflow in six months Investors return as gold hits record highs, boosting marginsNewmont, Barrick shares rebound after 2024 underperformanceMiners announce buybacks, dividends on strong earningsBy Patturaja Murugaboopathy March 24 (Reuters) - Funds that invest...Reuters
Mon, Mar 24
REFILE-South Korea's Hyundai to unveil $20 billion investment in US, CNBC report says
SEOUL, March 24 (Reuters) - South Korea's Hyundai is set to announce a $20 billion investment in the United States, including a $5 billion steel plant in Louisiana, CNBC reported on Monday, citing people familiar with the matter.The plant, which would require the hiring of around 1,500 employees...Reuters
Mon, Mar 24
CBOT Trends-Wheat down 6-7 cents, corn down 1-2, soy down 2-3
CHICAGO, March 24 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Monday. WHEAT - Down 6 to 7 cents per bushel* Wheat futures ticked down as tariff concerns and talks of a ceasefire be...Reuters
Mon, Mar 24
Putin speaks to UAE president on Ukraine and OPEC+
MOSCOW, March 24 (Reuters) - Russian President Vladimir Putin spoke to United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan about the OPEC+ agreement and Russia-U.S. talks on Ukraine, the Kremlin said on Monday.Putin thanked the UAE president for mediating in prisoner exchanges between ...Reuters
Mon, Mar 24
EXCLUSIVE-Russian central bank sees chance of prolonged low oil price cycle
MOSCOW, March 24 (Reuters) - Russia's central bank has warned the Kremlin's policy makers the United States and OPEC have the capacity to flood the oil market and cause a repeat of the prolonged price collapse of the 1980s - which contributed to the downfall of the Soviet Union.
Reuters
Mon, Mar 24
NORDIC POWER-Front-quarter prices ease on wet, windy weather forecast and lower German rates
March 24 (Reuters) - Nordic front-quarter power prices edged lower on Monday, weighed by a wet and windy weather forecast along with lower rates in the German power market.* The Nordic front-quarter baseload power contract ENOFBLQc1 fell 0.45 euro to 23.8 euros per megawatt hour (MWh), as of 1157 GM...Reuters
Mon, Mar 24
U.S. nuclear power plant outages
March 24 (Reuters) - The following table lists total U.S. nuclear power generation capacity and the capacity offline due to planned and unplanned reasons, according to the daily data from the U.S. Nuclear Regulatory Commission.Total capacity EL-USTOTCAP-MW ......... 96,986 MW Tota...Reuters
Mon, Mar 24
CORRECTED-GLOBAL LNG-Asian spot LNG prices remain near three-month low amid ample supply
By Marwa RashadLONDON, March 21 (Reuters) - Asian spot liquefied natural gas (LNG) prices rose slightly this week but remained close to a three-month low amid ample supply and mild weather forecasts. The average LNG price for May delivery into north-east Asia LNG-AS was at $13.60 per million British...Reuters
Mon, Mar 24
REFILE-EU trade commissioner to meet U.S. Commerce Secretary Lutnick on Tuesday
BRUSSELS, March 24 (Reuters) - The European Commissioner for trade, Maros Sefcovic, is heading to Washington to meet the U.S. Commerce Secretary Howard Lutnick on Tuesday, a Commission spokesperson said on Monday. Sefcovic will also meet with U.S. Trade Representative Jamieson Greer. The spokesperso...Reuters
Mon, Mar 24
RPT-COLUMN-Funds extend Chicago corn selloff as tariff deadline looms: Braun
By Karen Braun NAPERVILLE, Illinois, March 23 (Reuters) - After building super-bullish bets a few weeks ago, speculators have swiftly ducked back from the Chicago corn market with geopolitical risks still very much in focus.The United States plans to impose sweeping reciprocal tariffs on multiple...Reuters
Mon, Mar 24
LME market data issues on Monday resolved, says service provider
LONDON, March 24 (Reuters) - Service provider Trading Technologies said market data issues for the London Metal Exchange (LME) reported earlier on Monday appeared to have been resolved, though it was still doing additional checks to ensure stability.Several LME member firms reported prices missing o...Reuters
Mon, Mar 24
U.S. Steel Highlights Track Record And Commitment To Stockholder Value In Proxy Statement And Letter
March 24 (Reuters) - United States Steel Corp X.N:U. S. STEEL HIGHLIGHTS PROVEN TRACK RECORD AND COMMITMENT TO DELIVERING STOCKHOLDER VALUE IN DEFINITIVE PROXY STATEMENT AND STOCKHOLDER LETTERUNITED STATES STEEL: ANCORA'S NOMINEES ARE "UNQUALIFIED AND HAVE PRESENTED A QUESTIONABLE, OPTION-LI...Reuters
Mon, Mar 24
GRAINS-Chicago soybeans, corn dip on tariff fears, wheat also down
BEIJING/HAMBURG, March 24 (Reuters) - Chicago soybeans and corn futures fell for a second session on Monday, weakened by concerns U.S. import tariffs will reduce demand for U.S. grains and oilseeds. The strong trend in the dollar also weakened wheat and other products. Chicago Board o...Reuters
Mon, Mar 24
Japan crude steel output falls for 12th straight month in February
By Yuka Obayashi TOKYO, March 24 (Reuters) - Japan's crude steel output fell 8.5 % in February from a year earlier for a 12th straight monthly decline, as demand from the construction sector stayed weak, an industry body said on Monday.Output, which is not seasonally adjusted, dropped to 6.4 ...Reuters
Mon, Mar 24
Japan, Korea would struggle to fill US demand for non-China shipbuilding, NYK Line exec says
By Sudarshan Varadhan SINGAPORE, March 24 (Reuters) - U.S. allies Japan and South Korea would struggle to quickly ramp up shipbuilding to meet U.S. demand for alternatives under President Donald Trump's plan to impose port fees on China-linked ships, a top Japanese shipping executive said on ...Reuters
Mon, Mar 24
Hedge fund Elliott says it may take further action on LME voided nickel trades
By Pratima Desai LONDON, March 24 (Reuters) - Elliott Associates is considering further action against the London Metal Exchange (LME) following a fine on the exchange by a watchdog last week for allowing nickel prices to surge out of control three years ago, the U.S.-based hedge fund said on Mon...Reuters
Mon, Mar 24
