News
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RPT-COLUMN-Tin bulls in retreat as Myanmar flags return of key mine: Andy Home
By Andy HomeLONDON, March 4 (Reuters) - The Wa State, a semi-autonomous region of Myanmar, has finally broken its year-long silence on the fate of the Man Maw tin mine.The mine is the jewel in Myanmar's tin crown and its suspension since August 2023, ostensibly for an audit, has reduced the flow...Reuters
Wed, Mar 5
China hits US soybean firms, halts log imports as it steps up retaliation against Trump tariffs
China suspends soybean import licence for three U.S. firms Also suspends imports of U.S. logsChina says suspension due to phytosanitary issues Suspension coincides with retaliatory measures against U.S. tariffs By Mei Mei Chu and Ella Cao BEIJING, March 4 (Reuters) - China suspended on Tuesday t...Reuters
Tue, Mar 4
EXCLUSIVE-US, Ukraine now plan to sign minerals deal, sources say
Trump wants to announce deal in address to Congress, sources tell ReutersBessent denies any minerals deal signing plannedZelenskiy ready to sign, calls meeting 'regrettable'By Erin Banco, Gram Slattery and Andrea Shalal NEW YORK, March 4 (Reuters) - U.S. President Donald Trump's admin...Reuters
Tue, Mar 4
US preliminarily determines Canadian lumber dumped at up to 34.61% margin rates in 2023
March 4 (Reuters) - The U.S. Department of Commerce said on Tuesday that it preliminarily determined that softwood lumber from Canada was being dumped into the United States at margin rates ranging from 9.48% to 34.61% in 2023.The preliminary determination was made as a part of the department's ...Reuters
Tue, Mar 4
BREAKINGVIEWS-BlackRock gets bargain berth in Panama trade storm
By Jonathan Guilford NEW YORK, March 4 (Reuters Breakingviews) - The trade war is already sending merger troops to the front line. BlackRock BLK.N shook hands on a deal to buy ports along the Panama Canal and beyond from CK Hutchison 0001.HK for $23 billion. It helps boss Larry Fink shore up his...Reuters
Tue, Mar 4
Panama says it will ensure regulations, laws are complied with as part of BlackRock port deal
PANAMA CITY, March 4 (Reuters) - Panama's government said it will ensure all local regulations and laws are complied with as part of a deal by an investor group backed by BlackRock BLK.N to buy a majority stake in the Hong-Kong based subsidiary that operates two ports in the Central American cou...Reuters
Tue, Mar 4
BlackRock to buy Hong Kong firm's Panama Canal port stake amid Trump pressure
Trump vowed to wrest control of the strategic canalOver 75% of vessels in the canal have US origins or destinationsBlackRock has briefed the White House on the dealBy Sabrina Valle, Suzanne McGee and Michael Martina March 4 (Reuters) - An investor group backed by BlackRock BLK.N agreed to buy a m...Reuters
Tue, Mar 4
US farmers face higher costs, fewer markets from tariffs, farm groups warn
By Tom Polansek CHICAGO, March 4 (Reuters) - U.S. President Donald Trump's new tariffs on goods from Canada, Mexico and China threaten to hurt the $191 billion American agricultural export sector and raise costs for farmers struggling with low crop prices, farm groups warned on Tuesday.Trump ...Reuters
Tue, Mar 4
Valero Benicia, California Refinery Says An Issue Causing Odor In The Area
March 4 (Reuters) - Valero Energy Corp VLO.N :SAYS THAT THERE IS AN ISSUE WITH ONE OF ITS TANKS CAUSING AN ODOR IN THE AREA AT BENICIA, CALIFORNIA REFINERY SAYS STAFF WORKING TO RESOLVE THE ISSUE, TO BE RESOLVED WITHIN THE NEXT HOUR AT BENICIA, CALIFORNIA REFINERYSOURCE: CITY OF BENICIA FIRE DEPARTM...Reuters
Tue, Mar 4
GRAINS-US corn, wheat, soy futures slide as trade tensions flare
By Julie Ingwersen CHICAGO, March 4 (Reuters) - U.S. corn futures fell to their lowest levels of 2025 on Tuesday and soybean futures dropped below $10 a bushel on heightened concerns that President Donald Trump's trade policies would curb demand for U.S. goods, analysts said.Trump slapped 25%...Reuters
Tue, Mar 4
CANADA-CRUDE-Discount on Western Canada Select heavy crude widens
March 4 (Reuters) - The discount of Western Canada Select (WCS) heavy crude to the North American benchmark West Texas Intermediate futures (WTI) CLc1 widened on Tuesday, as U.S. President Donald Trump's tariffs on goods from Mexico and Canada took effect.* WCS for April delivery in Hardisty, Al...Reuters
Tue, Mar 4
US orders wind down of Chevron's oil exports from Venezuela
New license supersedes authorization granted in 2022Chevron's agreement has helped Venezuela's economyVenezuela has called it a damaging decisionBy Timothy Gardner and Marianna Parraga WASHINGTON/HOUSTON, March 4 (Reuters) - The Trump administration said on Tuesday it was ending a license...Reuters
Tue, Mar 4
Key US sour crude grade surges in early indication of Trump tariff effects
Mars Sour crude price surges due to tariff effectsEnd of Chevron's Venezuela license to reduce heavy crude supplyUS imposes 10% tariff on Canadian oil and 25% tariff on Mexican goods By Stephanie Kelly, Arathy Somasekhar, Georgina McCartney NEW YORK, March 4 (Reuters) - Spot prices for a key ...Reuters
Tue, Mar 4
Brent settles down, hit 6-month low on OPEC+ output rise, tariffs, Ukraine news
OPEC+ to proceed with planned April oil output increase US tariffs on Mexico and Canada took effect on TuesdayChina announces 10-15% increases to import levies on US productsUS orders end of Chevron's Venezuela oil exports in 30 daysBy Stephanie Kelly NEW YORK, March 4 (Reuters) - Oil prices ...Reuters
Tue, Mar 4
Hershey says ICE cocoa futures market is disconnected from reality
By Marcelo TeixeiraNEW YORK, March 4 (Reuters) - Chocolate maker Hershey Co HSY.N said the ICE ICE.N New York cocoa futures market is currently disconnected from the reality of the global physical market due to exchange actions that have reduced liquidity and increased volatility.Tricia Brannigan, H...Reuters
Tue, Mar 4
EXCLUSIVE-US, Ukraine now plan to sign minerals deal, sources say
By Erin Banco, Gram Slattery and Andrea ShalalNEW YORK, March 4 (Reuters) - U.S. President Donald Trump's administration and Ukraine plan to sign a minerals deal that fell through after a disastrous Oval Office meeting Friday in which Ukrainian President Volodymyr Zelenskiy was dismissed from th...Reuters
Tue, Mar 4
CBOT wheat ends down as trade woes spark broad market sell-off
CHICAGO, March 4 (Reuters) - Chicago Board of Trade wheat futures fell about 2% on Tuesday and the front three contract months set life-of-contract lows following a broad sell-off in commodities and equities on fears that President Donald Trump's trade policies will curb demand for U.S. goods, ...Reuters
Tue, Mar 4
US Cash Crude-Coastal grades climb as Trump tariffs take effect
March 4 (Reuters) - U.S. coastal grades strengthened on Tuesday, after the U.S. imposed a 10% tariff on Canadian oil and a 25% tariff on imports from Mexico.The tariffs, which took effect overnight on Tuesday, were expected to force buyers to seek alternate supplies of heavier Canadian or Mexican cr...Reuters
Tue, Mar 4
