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Ukraine's parliament ratifies minerals deal with US, hopes for more arms
Ukraine's parliament votes 338 in favour of the dealKyiv hopes it will unlock new U.S. weapons deliveriesVote comes a day before Putin's military paradeBy Elizabeth Piper and Yuliia Dysa KYIV, May 8 (Reuters) - Ukraine's parliament voted on Thursday in favour of ratifying a minerals d...Reuters
Thu, May 8
Ukraine ratifies strategic minerals deal with US
May 8 (Reuters) - The Ukrainian parliament ratified a milestone minerals deal with the United States on Thursday, lawmakers said. A total of 338 parliamentarians voted in favor of ratification, and no one voted against, said Oleksandr Merezhko, head of the Ukrainian parliament's foreign affairs ...Reuters
Thu, May 8
Exclusive: Beazley embraces parametric nat cat with $50 million line sizes for SRS Altitude
By Henry GaleApril 30 - (The Insurer) - Strategic Risk Solutions' alternative risk transfer MGU Altitude is offering line sizes of up to $50 million for parametric tropical cyclone and earthquake risks with capacity from Beazley in a deal brokered by Augment Risk, parametric market sources told ...Reuters
Thu, May 8
China resumes Brazilian soy imports from 5 suspended firms ahead of Lula visit, source says
China resumes Brazilian soy imports from five firmsSuspensions were due to phytosanitary issuesMove comes ahead of Lula's state visitBy Laurie Chen and Ella Cao BEIJING, May 8 (Reuters) - China, the world's largest soybean buyer, has resumed Brazilian soybean shipments from five firms pre...Reuters
Thu, May 8
EXCLUSIVE-US sanctions on China refiners over Iran oil disrupt operations, sources say
U.S. sanctioned Luqing, Shengxing refiners over Iranian oilKey port operator rejects shipments to those refiners, sources saySanctions create hurdles for finance and sales, sources sayMeasures deter other 'teapots' from buying Iran oil, sources say By Siyi Liu, Trixie Yap and Chen Aizhu S...Reuters
Thu, May 8
Japan's JFE to boost overseas investments, but suspend blast furnace
Plans to suspend a blast furnace at Fukuyama in FY2027/28Local output capacity to fall to 21 mln T from 26 mln T in 3 yearsInvestment include acquisition of raw material interestsBy Katya Golubkova and Yuka ObayashiTOKYO, May 8 (Reuters) - JFE Holdings 5411.T, parent of Japan's second-biggest st...Reuters
Thu, May 8
Restaurant Brands misses quarterly revenue estimates
May 8 (Reuters) - Restaurant Brands QSR.N QSR.TO missed first-quarter revenue estimates on Thursday, hurt by weaker demand at its restaurant chains such as Burger King against the backdrop of tariff-related uncertainty.The company reported quarterly revenue of $2.11 billion, compared with analysts&#...Reuters
Thu, May 8
Canada's Cenovus Energy posts lower first-quarter profit
May 8 (Reuters) - Canadian oil and gas producer Cenovus Energy CVE.TO on Thursday posted a fall in first-quarter profit, amid market volatility.The Calgary, Alberta-based company's net income fell to C$859 million ($618.79 million), or 47 Canadian cents per share, in the three months ended March...Reuters
Thu, May 8
Cheniere Energy's first-quarter LNG revenue climbs on higher demand
May 8 (Reuters) - U.S. liquefied natural gas exporter Cheniere Energy LNG.N reported higher first-quarter LNG revenue on Thursday, helped by higher demand for the superchilled fuel.The company reported LNG revenue of $5.31 billion for the three months ended March, compared with $4.04 billion a year ...Reuters
Thu, May 8
U.S. exports of natural gas liquids touch record high in April
By Arathy Somasekhar and Georgina McCartney HOUSTON, May 8 (Reuters) - U.S. exports of natural gas liquids touched a record high in April, even as a trade war between the U.S. and China cut shipments to the top buyer, ship tracking data showed.The recent trade developments have threatened U.S. ex...Reuters
Thu, May 8
Choppy session for oil – ING
It was a choppy session for the oil market yesterday. Initially, Brent rallied amid growing hopes of de-escalation in trade tensions between China and the US, with talks set to start this weekend, ING's commodity experts Ewa Manthey and Warren Patterson note.Fxstreet
Thu, May 8
Hurricanes Helene and Milton highlighted deficiencies in some parametric covers: WTW
By Henry GaleMay 6 - (The Insurer) - Hurricanes Helene and Milton in 2024 highlighted deficiencies in some parametric programs, WTW said in the spring update of its Marketplace Realities report.The broker said some programs using a single-peril cat-in-a-circle structure, one of several types of para...Reuters
Thu, May 8
ASIA COFFEE-Tight supplies in Asian major robusta producers amid thin trade
By Phuong Nguyen and Mas Alini ArifinHANOI, May 8 (Reuters) - Supplies in major Asian robusta producers remained thin this week as farmers in Vietnam have sold most of their stocks while harvest in Indonesia has not started yet, traders said on Thursday.Farmers in the Central Highlands, Vietnam'...Reuters
Thu, May 8
Canadian Natural Resources beats first-quarter profit estimates
May 8 (Reuters) - Canadian Natural Resources CNQ.TO beat analysts' estimates for first-quarter profit on Thursday as it benefited from higher oil and natural gas production.On an adjusted basis, the company earned C$1.16 ($0.8366) per share in the quarter, compared with analysts' average exp...Reuters
Thu, May 8
Lanxess' Chairman Says The Co Is In A Good Position As Far As US Market Concerned -Conf Call
May 8 (Reuters) - LANXESS AG LXSG.DE:LANXESS AG- CHAIRMAN: AS FAR AS THE US MARKET IS CONCERNED, WE ARE IN A GOOD POSITION -CONF CALLLANXESS AG- CHAIRMAN: US ADMINISTRATION PUT A LOT OF PRODUCTS ON EXEMPTIONS, SO NOT ALL THE PRODUCTS ARE IMPACTED -CONF CALLLANXESS AG- CHAIRMAN: THERE ARE MANY PRODUC...Reuters
Thu, May 8
Near-record US container import streak expected to snap in May due to tariffs
By Lisa Baertlein LOS ANGELES, May 8 (Reuters) - U.S. container imports surged in April as companies raced to avoid President Donald Trump's tariffs, which now include a 145% duty on goods from China, but executives at the country's two busiest ports said the trend looked set to rever...Reuters
Thu, May 8
EUROPE GAS-Prices rangebound after rising to one-week high
LONDON, May 8 (Reuters) - Dutch wholesale gas prices traded in a narrow range on Thursday morning amid soft demand as temperatures rose slightly, while market players continue to keep an eye on U.S.-China trade talks.The benchmark Dutch front-month contract TRNLTTFMc1 inched down 0.55 euro to 34.85 ...Reuters
Thu, May 8
Exxonmobil Baytown, Texas Complex Reports Planned Maintenance Activities
May 8 (Reuters) - Exxon Mobil XOM.N:REPORTSPLANNED MAINTENANCE ACTIVITIES AT ITS BAYTOWN TEXAS, COMPLEX WHICH MAY RESULT IN SAFETY FLARING AND NOISESOURCE: COMMUNITY ALERTTHE BAYTOWN COMPLEX HOUSES A CHEMICAL PLANT, AN OLEFINS PLANT AND A 564,440 BARREL-PER-DAY OIL REFINERYReuters
Thu, May 8
