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PRESS DIGEST-Canada - April 20
April 20 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAILAnglo-Australian miner Rio Tinto RIO.L is ramping up output at its Canadian aluminum smelters to supply U.S. c...Reuters
Mon, Apr 20
EXCLUSIVE-US to host further G20 talks on war's impact on food and fertilizer
Chair's statement to be released after April 16 G20 finance meetingBessent launched push for coordinated G20 action on fertilizersMajority of countries agreed, senior officials sayBy Andrea Shalal WASHINGTON, April 20 (Reuters) - The U.S. will host further talks in coming weeks for the Group ...Reuters
Mon, Apr 20
RPT-BREAKINGVIEWS-Companies are poor buffers for war fiscal pain
By Shritama BoseMUMBAI, April 20 (Reuters Breakingviews) - Tankers have crossed the Strait of Hormuz in significant numbers for the first time since the U.S. and Israel launched a war against Iran seven weeks ago but companies will keep paying a price for the conflict, and not just through energy pr...Reuters
Mon, Apr 20
Copper Intelligence targets untapped eastern Congo copper deposit
Copper Intelligence to begin drilling within weeksEastern Congo's copper district largely overlooked by majors By Maxwell Akalaare Adombila DAKAR, April 20 (Reuters) - U.S. explorer Copper Intelligence AFDG.PK plans to begin drilling within four to six weeks at what it believes is a previousl...Reuters
Mon, Apr 20
China's Xi, in call with Saudi crown prince, calls for Strait of Hormuz to remain open
BEIJING, April 20 (Reuters) - Chinese President Xi Jinping called for normal passage of ships through the Strait of Hormuz to be maintained, in a phone call on Monday with Saudi Arabia's Crown Prince Mohammed bin Salman held as Beijing steps up efforts to help end the Iran war.China is concerned...Reuters
Mon, Apr 20
INDIA BONDS-India bonds edge up in choppy session as traders weigh truce prospects
By Khushi Malhotra MUMBAI, April 20 (Reuters) - Indian government bonds inched higher in a choppy session on Monday, with elevated crude oil prices and uncertainty over a truce expiring this week keeping traders cautious. The yield on India's benchmark 6.48% 2035 bond settled at 6.8901%...Reuters
Mon, Apr 20
OMV buys crude oil from emergency reserve to stabilize market, Austrian ministry says
April 20 (Reuters) - OMV OMVV.VI purchased 56,000 metric tons of crude oil from the mandatory emergency reserve to stabilize the market, the Austrian economy ministry said on Monday.The International Energy Agency in March agreed to release a record 400 million barrels of oil from strategic stockpi...Reuters
Mon, Apr 20
US companies eye Congo mining assets, including Rubaya, State Dept official says
US aims to counter China's influence in Africa Rebel-held mine on shortlist for potential U.S. investmentUS investors seek clarity on Congo's regulatory environmentBy Olivia Kumwenda-Mtambo JOHANNESBURG, April 20 (Reuters) - U.S. companies are showing "significant" interest in Dem...Reuters
Mon, Apr 20
Catalonia aims to balance Chinese investments, prioritising local jobs
By Joan Faus BARCELONA, April 20 (Reuters) - Catalonia welcomes Chinese investments but opposes bringing in large numbers of workers from China in order to protect local jobs, the Spanish region's leader told Reuters.The wealthy northeastern region has become a hub for Chinese investments int...Reuters
Mon, Apr 20
Euro zone yields nudge higher on US-Iran ceasefire worries
By Alun John LONDON, April 20 (Reuters) - Euro zone bond yields ticked higher on Monday, as concerns grew that the ceasefire between the United States and Iran might not hold, though borrowing costs were still meaningfully below their late-March highs hit before the ceasefire was announced. Germa...Reuters
Mon, Apr 20
Shipping traffic remains at virtual standstill through Hormuz, data shows
LONDON, April 20 (Reuters) - Shipping traffic through the Strait of Hormuz remained at a virtual standstill on Monday with just three crossings in the past 12 hours, according to shipping data.Oil products tanker Nero, which is under UK sanctions, left the Gulf and was sailing through the Strait on ...Reuters
Mon, Apr 20
RPT-PREVIEW-Tesla's energy storage division to pick up slack as car margins drop and credits fade
Energy division now key growth driver as robotaxi and AI projects remain in early stagesEnergy storage revenue and profit expected to offset declining regulatory creditsTesla expands battery storage, plans new Megapack and solar manufacturing facilitiesBy Akash SriramApril 20 (Reuters) - Tesla's...Reuters
Mon, Apr 20
Printed products supplier Ennis' Q4 revenue rises 4%, driven by acquisitions
OverviewUS printed business products supplier's fiscal Q4 revenue rose 4% yr/yrEPS for fiscal Q4 was flat yr/yr at $0.35Company repurchased 793,000 shares during the yearOutlookCompany expects cash balances to steadily increase over coming quartersCompany does not anticipate supply disruptions a...Reuters
Mon, Apr 20
China's state planner vows to expand domestic demand in meeting with private-sector firms
BEIJING, April 20 (Reuters) - China's state planner on Monday vowed to expand effective domestic demand and improve supply chain resilience in a meeting with private companies, an official statement showed.The meeting was chaired by Zheng Shanjie, the head of the National Development and Reform ...Reuters
Mon, Apr 20
The Kremlin, on the U.S. waiver, says you cannot ignore Russia's oil volumes
Kremlin: Russia is a responsible player in global energy marketsComment follows a U.S. waiver allowing some Russian oil exportsWaiver aims to curb global energy prices amid the Iran warMOSCOW, April 20 (Reuters) - The Kremlin, when asked on Monday about a U.S. sanctions waiver on some Russia's o...Reuters
Mon, Apr 20
PREVIEW-Tesla's energy storage division to pick up slack as car margins drop and credits fade
Energy division now key growth driver as robotaxi and AI projects remain in early stagesEnergy storage revenue and profit expected to offset declining regulatory creditsTesla expands battery storage, plans new Megapack and solar manufacturing facilitiesBy Akash SriramApril 20 (Reuters) - Tesla's...Reuters
Mon, Apr 20
USA Rare Earth to acquire Brazil's Serra Verde for $2.8 bln
LONDON, April 20 (Reuters) - USA Rare Earth USAR.O will acquire Brazilian rare earths miner Serra Verde for $2.8 billion in cash and shares, the two companies said on Monday.The U.S. company will pay $300 million in cash and 126.9 million newly issued shares of its stock for the transaction, which i...Reuters
Mon, Apr 20
Merz touts Brazil's potential on critical metals, says Germany can supply technology
HANOVER, Germany, April 20 (Reuters) - Germany Chancellor Friedrich Merz said on Monday that Brazil had great potential to expand deliveries of critical metals, adding that Germany can supply the technology. "There are significant opportunities in the cost-effective extraction of certain metals ...Reuters
Mon, Apr 20
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