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GE Vernova signs deal to support Amazon's data center expansion
March 4 (Reuters) - Renewable energy company GE Vernova GEV.N said on Tuesday it has signed an agreement with Amazon's AMZN.O cloud services business to support the e-commerce giant's data center expansion plans.GE Vernova said the agreement with Amazon Web Services (AWS) would address risin...Reuters
Tue, Mar 4
KGHM To Create Impairment Write-Downs On Units
March 4 (Reuters) - KGHM Polska Miedz SA KGH.WA:TO CREATE 11.9 MILLION ZLOTY IMPAIRMENT WRITE-DOWN ON INVEST PV 7 IN CONSOLIDATED REPORT FOR 2024TO CREATE 17.3 MILLION ZLOTY IMPAIRMENT WRITE-DOWN ON INVEST PV 40 IN CONSOLIDATED REPORT FOR 2024TO CREATE 22.5 MILLION ZLOTY IMPAIRMENT WRITE-DOWN ON INV...Reuters
Tue, Mar 4
U.S. RESEARCH ROUNDUP-California Resources, Eli Lilly, Mastec
March 4 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including California Resources, Eli Lilly and Mastec, on Tuesday. HIGHLIGHTS * California Resources Corp CRC.N: Gerdes Energy Research raises to buy from neutral* Eli...Reuters
Tue, Mar 4
US NYMEX natgas average daily futures volumes rose in February
March 4 (Reuters) - Average daily volume (ADV) in U.S. natural gas futures and options rose on the New York Mercantile Exchange in February from a year earlier, data from its owner CME Group CME.O showed.For the month, futures ADV was 676,446 contracts, up 16.3% from a year ago. Futures ADV hit a mo...Reuters
Tue, Mar 4
METALS-Copper falls as tariff tensions escalate
By Polina Devitt LONDON, March 4 (Reuters) - Copper fell on Tuesday as trade war fears resurfaced after U.S. President Donald Trump's tariffs on China, Canada and Mexico, but prices remained in a tight range as the dollar weakened.Three-month copper CMCU3 on the London Metal Exchange (LME) CM...Reuters
Tue, Mar 4
FACTBOX-How much crude oil did the US import by country in 2024?
HOUSTON, Jan 30 (Reuters) - U.S. President Donald Trump's new 25% tariffs on imports from Mexico and a 10% tariff on Canadian energy took effect on Tuesday, along with a doubling of duties on Chinese goods to 20%, sparking trade wars that could slam economic growth and raise gasoline prices for ...Reuters
Tue, Mar 4
Trump to meet with hardline Republicans as shutdown looms, report says
WASHINGTON, March 4 (Reuters) - President Donald Trump will meet with members of the House Republican's ultraconservative Freedom Caucus at the White House on Wednesday, Punchbowl News reported on Tuesday, as lawmakers grapple with making a deal to fund the U.S. government ahead of a March 14 de...Reuters
Tue, Mar 4
Hershey says ICE cocoa futures market is disconnected from reality
NEW YORK, March 4 (Reuters) - Chocolate maker Hershey Co HSY.N said ICE ICE.N New York cocoa futures market is disconnected from the reality of the global physical market due to the exchange's actions that led to lack of liquidity and increased volatility.Hershey's Vice President for Procure...Reuters
Tue, Mar 4
Canada is imposing 25% tariffs on $30 bln of US imports, says Trudeau
OTTAWA, March 4 (Reuters) - Canada is imposing 25% tariffs on C$30 billion worth of U.S. imports with immediate effect, Prime Minister Justin Trudeau told reporters on Tuesday.Trudeau made the announcement just hours after U.S. President Donald Trump slapped 25% tariffs on imports from Mexico and Ca...Reuters
Tue, Mar 4
Miner Teck plans to sell to Asia to avoid US tariffs
By Divya Rajagopal TORONTO, March 4 (Reuters) - Canadian miner Teck TECKb.TO has been developing plans to sell zinc to Asia instead of the U.S. to circumvent tariffs from President Donald Trump's administration on Canadian imports, CEO Jonathan Price on Tuesday. Teck, which sells most of its ...Reuters
Tue, Mar 4
ERCOT Issues Operating Condition Notice Due To Wildfire Risk In West Texas Area
March 4 (Reuters) - ELECTRICITY RELIABILITY COUNCIL OF TEXAS (ERCOT):ISSUES OPERATING CONDITION NOTICE FOR MARCH 4 THROUGH 24:00 TUESDAY, MARCH 4 DUE TO WILDFIRE RISK IN A LARGE PORTION OF THE WEST TEXAS AREAReuters
Tue, Mar 4
US orders wind down of Chevron's oil exports from Venezuela in 30 days
WASHINGTON, March 4 (Reuters) - U.S. President Donald Trump's administration said on Tuesday it is ending a license that it had granted to U.S. oil producer Chevron CVX.N since 2022 to operate in Venezuela and export its oil, after Washington accused President Nicolas Maduro of not making progre...Reuters
Tue, Mar 4
US allows wind down of Chevron-Venezuela transactions until April 3
WASHINGTON, March 4 (Reuters) - The United States on Tuesday said it would allow the wind down of certain transactions related to Chevron's CVX.N joint venture with Venezuela through 12:01 a.m. on April 3, 2025, according to a notice on the U.S. Treasury Department's website.Representatives ...Reuters
Tue, Mar 4
US State designates Yemen's Houthis 'foreign terrorist organization'
WASHINGTON, March 4 (Reuters) - The U.S. State Department on Tuesday said it was designating Yemen's Houthi movement, known formally as Ansar Allah, as a "foreign terrorist organization," after U.S. President Donald Trump's call for the move earlier this year.Reuters
Tue, Mar 4
EU debates support for Europe's steel industry as U.S. tariffs loom
EU wants to enhance support of its steel industryAction plan due to be unveiled on March 19U.S. tariffs likely to divert flood of steel imports to the EU BRUSSELS, March 4 (Reuters) - European Commission chief Ursula von der Leyen hosted steel sector executives on Tuesday for a debate on how to e...Reuters
Tue, Mar 4
Extra 1 million people could be engulfed in Somalia hunger crisis, WFP says
GENEVA, March 4 (Reuters) - One million more people in Somalia could face crisis levels of hunger in coming months due to a forecast drought during the next crop cycle, the World Food Programme said on Tuesday.The number could rise even further because of funding cuts, Jean-Martin Bauer, director of...Reuters
Tue, Mar 4
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
Tue, Mar 4
Teck CEO says miner could sell to Asia to avoid Trump's new tariffs
By Divya Rajagopal TORONTO, March 4 (Reuters) - Canadian miner Teck TECKb.TO is looking to sell zinc to Asia instead of the U.S. to contend with new tariffs imposed by U.S. President Donald Trump's administration on Canadian imports, CEO Jonathan Price said at the PDAC mining industry confere...Reuters
Tue, Mar 4
Kazakhstan plans 12% increase in CPC oil exports in March, energy ministry says
Kazakhstan CPC oil exports seen up 12% in March to 6.7 million TCPC's pumping station was damaged by a drone last monthKazakhstan has frequently exceeded OPEC+ oil output quotasKazakh's February oil and gas condensate output was 2.15 mln bpd MOSCOW, March 4 (Reuters) - Kazakhstan plans t...Reuters
Tue, Mar 4
