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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
PRECIOUS-Inflation woes and firmer dollar drag gold lower as US-Iran tensions revive
Gold hits lowest level in a weekU.S. seizes Iranian cargo ship Oil prices jump more than 6%By Anjana Anil April 20 (Reuters) - Gold prices fell on Monday owing to a stronger U.S. dollar and renewed inflation fears after another closure of the Strait of Hormuz pushed oil prices higher.Spot gold XA...Reuters
Mon, Apr 20
WTI Oil holds around $87.00 as the US-Iran peace process teeters
Crude prices edged lower during Monday’s European trading session, with the US benchmark West Texas Intermediate (WTI) barrel changing hands at $86.85 at the time of writing. This is down from session highs at $88.50, but significantly above Friday’s lows, at $78.90.
Fxstreet
Mon, Apr 20
Kremlin, asked about U.S. waiver, says it's hard to ignore Russia's oil volumes
MOSCOW, April 20 (Reuters) - The Kremlin, asked on Monday about a U.S. sanctions waiver on some Russia's oil exports, said that Russia is a very responsible and important player on global energy markets and that it is hard not to take Russia's export volumes into account.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
South Korea President Lee says to cooperate with India on stable naphtha supply
April 20 (Reuters) - President Lee Jae Myung said on Monday that South Korea and India will continue to cooperate to ensure the stable supply of energy resources and key raw materials such as naphtha, in view of the current Middle East situation. Lee was speaking in New Delhi after summit talks with...Reuters
Mon, Apr 20
China voices concern over US seizure of Iranian cargo ship, urges further talks
BEIJING, April 20 (Reuters) - China has expressed concern over the "forced interception" by the U.S. of an Iranian-flagged cargo ship, a Chinese foreign ministry spokesperson said on Monday, urging relevant parties to abide by the ceasefire agreement in a responsible manner."The situatio...Reuters
Mon, Apr 20
PRECIOUS-Gold falls on stronger dollar amid renewed US-Iran tensions
US seizes Iranian cargo ship, Tehran vows to retaliateIran rejects second round of negotiations with USOil, dollar gain on rising tensions in the Middle EastBy Noel John April 20 (Reuters) - Gold prices fell on Monday as the dollar firmed, while news that the Strait of Hormuz is closed again push...Reuters
Mon, Apr 20
China voices concern over US seizure of Iranian cargo ship
BEIJING, April 20 (Reuters) - China has expressed concern over the "forced interception" by the U.S. of an Iranian-flagged cargo ship, a Chinese foreign ministry spokesperson said on Monday, urging relevant parties to abide by the ceasefire agreement in a responsible manner."The situatio...Reuters
Mon, Apr 20
Oil tanker exits Hormuz, heading to South Korea's HD Hyundai Oilbank, data shows
SEOUL, April 20 (Reuters) - An oil tanker is heading to discharge its cargo at South Korean refiner HD Hyundai Oilbank after passing through the Strait of Hormuz, shipping data showed.The Malta-flagged Odessa passed through the strait on April 13, Kpler data showed, but did not indicate where the ta...Reuters
Mon, Apr 20
Euro zone yields rise on US-Iran ceasefire worries
LONDON, April 20 (Reuters) - Euro zone bond yields rose 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. Germany's 10-year bond yie...Reuters
Mon, Apr 20
Ukrainian drone attack on Russia's Tuapse port kills one
Tuapse hit again by Ukrainian dronesFire at the port, one killed - Russian officialsAttack came just hours after previous fire was extinguishedTransport infrastructure at Tuapse port has been damagedMOSCOW, April 20 (Reuters) - A Ukrainian drone attack on Russia's Black Sea port of Tuapse sparke...Reuters
Mon, Apr 20
TABLE-North Sea gas maintenance schedule: Adds Troll outage
April 20 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUT...Reuters
Mon, Apr 20
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