News
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Nippon Steel asks US court to reject ‘baseless’ consumer lawsuit over U.S. Steel bid
By Mike Scarcella March 20 (Reuters) - Japan’s Nippon Steel has asked a U.S. judge to dismiss a consumer lawsuit seeking to block the manufacturing giant’s proposed $14.9 billion purchase of U.S. Steel that is currently tied up in negotiations with the Trump administration.Nippon Steel in a Wedne...Reuters
Thu, Mar 20
GRAINS-Wheat futures fall on shaky export demand, stronger dollar
Wheat ticked down on poor export data, selling pressureSoy choppy as export demand shifts to South AmericaCorn edged higher on tight global suppliesBy Heather Schlitz CHICAGO, March 20 (Reuters) - Chicago wheat futures eased for a third consecutive session on Thursday as lackluster weekly export ...Reuters
Thu, Mar 20
ARA gasoil stocks fall to 3-month low, Insights Global data shows
LONDON, March 20 (Reuters) - Gasoil stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell by over 4% on the week to their lowest since mid-December, data from Dutch consultancy Insights Global showed.Gasoil stocks, which include diesel, fell to 2.17 million...Reuters
Thu, Mar 20
Bain Capital to buy stake worth $508 million in India's Manappuram Finance
March 20 (Reuters) - India's Manappuram Finance MNFL.NS said on Thursday Bain Capital would invest 43.85 billion rupees ($508 million) to acquire an 18% stake in the gold loan provider at a time record prices of the precious metal has made its mortgaging appealing.The asset manager will subscrib...Reuters
Thu, Mar 20
EU eyes sharp cut to Ukrainian sugar imports after price slump, sources say
EU producers complained about cheap Ukrainian sugar importsEU-Ukraine deal on agriculture under reviewChange in imports of other farm products also consideredUkrainian sugar exports shift focus amid EU import concernsBy Sybille de La Hamaide and Pavel Polityuk PARIS/KYIV, March 20 (Reuters) - The...Reuters
Thu, Mar 20
Shell aims to bring gas from Venezuela to Trinidad in 2026, sources say
2026 goal is a year ahead of original 2027 start dateUS license for Dragon project remains active - Trinidad's NGCShell plans to drill 3 wells at Dragon project, sources sayBy Curtis Williams HOUSTON, March 20 (Reuters) - Shell Plc SHEL.L is aiming to begin producing natural gas at Venezuela&...Reuters
Thu, Mar 20
Panama president says he is waiting for First Quantum to suspend mine arbitration
PANAMA CITY, March 20 (Reuters) - Panama's President Jose Raul Mulino said on Thursday that his government has not been notified yet by Canada's First Quantum Minerals FM.TO that the miner has suspended arbitration over its shuttered copper mine in the country. An internal memo from the comp...Reuters
Thu, Mar 20
Indiana Michigan Power To Begin Refueling Outage At Cook Nuclear Plant Unit 1
March 20 (Reuters) - INDIANA MICHIGAN POWER AEPIG.UL:SAYS COOK NUCLEAR PLANT UNIT 1 WILL BEGIN ITS THIRTY-SECOND REFUELING OUTAGE SATURDAY, MARCH 22, AT 3:00 A.MSAYS THE UNIT WILL HAVE OPERATED FOR 11,811 HOURS DURING ITS LAST CYCLE AT A CAPACITY FACTOR OF 99.5 PERCENT, GENERATING 12,387,620 MEGAWAT...Reuters
Thu, Mar 20
Zelenskiy says he has not discussed US ownership of Zaporizhzhia nuclear plant with Trump
March 20 (Reuters) - Ukraine President Volodymyr Zelenskiy said on Thursday he has not discussed with the U.S. President Donald Trump potential American ownership of Ukraine's Russia-occupied Zaporizhzhia nuclear power plant. Zelenskiy also told reporters in Norway that Trump has not raised ques...Reuters
Thu, Mar 20
Panama president says not informed of First Quantum suspending mine arbitration
PANAMA CITY, March 20 (Reuters) - Panama President Jose Raul Mulino said on Thursday that his government has not been yet notified by Canada's First Quantum Minerals that the miner has suspended arbitration over its shuttered copper mine in the country. He added that he will start talks with his...Reuters
Thu, Mar 20
Niger expelled Chinese oil execs over local-expatriate pay gap, minister says
NIAMEY, March 20 (Reuters) - Niger expelled three Chinese oil executives in a dispute over disparities between the salaries of expatriate staff and lower-paid local workers, Oil Minister Sahabi Oumarou said.Reuters reported last week that Niger's junta had ordered three Chinese officials working...Reuters
Thu, Mar 20
Citi Forecasts Crude Oil Prices To Fall To $60-65/Bbl During Second Half of 2025
March 20 (Reuters) - CITI RESEARCH:EXPECTS CRUDE OIL PRICES TO FALL TO $60-65/BBL DURING 2H 2025 (-15-20%)IN ITS BASE CASE SCENARIOSEES CRUDE OIL PRICE RANGE DURING REMAINDER OF 2025 SHIFTING DOWN BY $15-20/BBL TO $60-75/BBL, DOWN FROM $70-90/BBL OVER THE PAST THREE YEARSSAYS IT CONTINUE TO RECOMMEN...Reuters
Thu, Mar 20
ANALYSIS- Financial folly or pressure tactic? Trump eyes Ukraine's occupied nuclear plant
Trump suggests the U.S. run Ukraine's nuclear power plantsZelenskiy says leaders only discussed Zaporizhzhia plantVast nuclear station would need years to come fully onlineSources say proposal may be testing ideas as part of peace pushBy Pavel Polityuk and Tom Balmforth KYIV, March 20 (Reuter...Reuters
Thu, Mar 20
India to start new sugar season with ample stocks, says producers' body
By Mayank Bhardwaj and Rajendra Jadhav NEW DELHI, March 20 (Reuters) - India is likely to start the new sugar season in October with comfortable opening stocks, despite lower-than-expected production in the current season and exports of 1 million tons, a leading producers' body said on Thursd...Reuters
Thu, Mar 20
US natgas prices slide 3% on forecasts for lower demand, ahead of storage report
Analysts expect small draw from storage last week US gas output on track to hit monthly record in March US LNG export feedgas set to hit monthly record in MarchBy Scott DiSavino March 20 (Reuters) - U.S. natural gas futures fell about 3% on Thursday on forecasts for milder weather and less demand...Reuters
Thu, Mar 20
PRECIOUS-Gold eases from record high as investors book profits
Gold hits record high of $3,057.21/ozTraders book profits, analyst says Weakness below $3,030 may trigger further decline, analyst saysBy Rahul Paswan and Sarah Qureshi March 20 (Reuters) - Gold prices retreated from a new record high on Thursday as investors booked profits after the latest leg o...Reuters
Thu, Mar 20
Russia and US to discuss Black Sea shipping on Monday
Russia and U.S. experts to meet in Riyadh on Monday Kremlin says Black Sea initiative is on the agenda Trump seeking to kickstart peace talks in three-year war MOSCOW, March 20 (Reuters) - Russian and U.S. experts will discuss ways to ensure the safety of shipping in the Black Sea at talks on a p...Reuters
Thu, Mar 20
Amazon to sell carbon credits to suppliers, customers
By Virginia Furness LONDON, March 20 (Reuters) - Amazon has begun selling carbon credits to its suppliers, business customers and other companies, the U.S. retail giant said, which can be used to offset their climate-damaging carbon emissions.The launch comes amid a major debate between companies...Reuters
Thu, Mar 20
