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CBOT Trends-Wheat down 4-6 cents, corn and soybeans down 1-3
CHICAGO, Feb 19 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CST (1430 GMT) on Wednesday.WHEAT - Down 4 to 6 cents per bushel* CBOT wheat Wv1 futures decline in a profit-taking and technical-selling setback...Reuters
Wed, Feb 19
Sibanye flags full-year loss after $500 million US impairment
Adds details from paragraph 3 Feb 19 (Reuters) - Sibanye Stillwater SSWJ.J expects to report a loss for the 2024 financial year after a $500 million asset writedown at its U.S. platinum group metal operations, mainly because of lower palladium price forecasts, it said on Wednesday.The company sai...Reuters
Wed, Feb 19
Putin suggests European involvement in Ukrainian attack on CPC oil infrastructure
MOSCOW, Feb 19 (Reuters) - Russian President Vladimir Putin suggested on Wednesday that a Ukrainian drone attack on the Caspian Pipeline Consortium (CPC) pumping station in southern Russia might have been coordinated with Europe, although he expressed hope that this was not the case.Putin said that ...Reuters
Wed, Feb 19
Oil-dominated Guyana aims to shift to gas, energy minister says
GEORGETOWN, Feb 19 (Reuters) - Guyana is aiming to add natural gas to an energy mix currently dominated by oil output, so the fuel can help boost power generation and open new sources of revenue by exporting petrochemicals and liquefied natural gas (LNG), energy minister Vickram Bharrat said on Wedn...Reuters
Wed, Feb 19
PRESS DIGEST-Canada - Feb 19
Feb 19 (Reuters) - The following are the top stories from a selected Canadian newspaper. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL** A C$2 billion investment in canola processing plants in Regina, set to churn out 15,000 barrels of renewable dies...Reuters
Wed, Feb 19
US natgas prices jump 6% to one-month high as wells freeze
Freezing wells cut US output in recent daysUS gas output still on track for record high in FebruaryUS LNG export feedgas on track for record high in FebruaryBy Scott DiSavinoFeb 19 (Reuters) - U.S. natural gas futures jumped about 6% to a one-month high on Wednesday as extreme cold in some parts of ...Reuters
Wed, Feb 19
Apollo names Sheikh cargo interim executive underwriter
By Michael JonesFeb 19 - (The Insurer) - Lloyd’s insurer Apollo has appointed Ciara Sheikh as interim executive underwriter for cargo.Sheikh will replace former cargo executive underwriter Christopher Terry. One senior marine market source said Terry had exited Apollo late last year to lead MCI’s ca...Reuters
Wed, Feb 19
Sibanye flags full-year loss after $500 million U.S impairment
Feb 19 (Reuters) - Sibanye Stillwater SSWJ.J expects to report a loss for the 2024 financial year after a $500 million asset writedown at its U.S platinum group metal (PGM) operations, mainly because of lower palladium price forecasts, it said on Wednesday.The company said it expects to report a los...Reuters
Wed, Feb 19
HSBC delays net-zero emissions target by 20 years
Now expects 40% cut in emissions by 2030Says pace of change in real economy is proving slowAlso cites updated guidance on carbon creditsHSBC to take 'more measured approach' to fossil fuel lending Adds HSBC executive quotes in paragraphs 4, 7-8 & 15; climate campaigners' comments in ...Reuters
Wed, Feb 19
Turkey to export 15,000 tonnes of eggs to US amid bird flu disruptions
By Ceyda CaglayanISTANBUL, Feb 19 (Reuters) - Turkey has begun exporting around 15,000 tonnes of eggs to the United States, where an ongoing outbreak of bird flu disrupted supply, sent prices soaring and led to talks with other producers, a leading sector official said on Wednesday. Ibrahim Afyon, c...Reuters
Wed, Feb 19
PRECIOUS-Tariff threats pave way to safe-haven gold's all-time high
Gold at record high of $2,946.85/oz Trump says he will introduce 25% tariffs on autosFed's January meeting minutes due later in the day Silver could push higher from a valuation perspective: analyst Updates prices as of 1215 GMTBy Sarah Qureshi and Anjana Anil Feb 19 (Reuters) - Gold prices r...Reuters
Wed, Feb 19
GRAINS-Corn holds at 16-month high while soybeans also firm
Updates at 1229 GMT, changes byline/dateline PARIS/CANBERRA, Feb 19 (Reuters) - Chicago corn futures edged up on Wednesday to equal the previous day's 16-month high, with strong U.S. export demand bolstering expectations of tightening inventories.Soybeans also firmed, tracking corn, with stro...Reuters
Wed, Feb 19
COLUMN-By the numbers: Breaking down the global soybean trade: Braun
Repeats column; no changes to textBy Karen Braun CHICAGO, Feb 18 (Reuters) - A discussion about global soybean exports cannot proceed without mention of Brazil or the United States, because together they fuel 85% of total shipments each year.Likewise, "China" and "imports" are oft...Reuters
Wed, Feb 19
AngloGold bounces back into profit amid gold price rally
JOHANNESBURG, Feb 19 (Reuters) - AngloGold Ashanti AU.N says its profit surged to $954 million last year from a loss of $46 million in the prior year amid a rally in prices for the precious metal. The gold producer also raised its output forecast this year to between 2.9 million ounces and 3.2 mi...Reuters
Wed, Feb 19
Deals of the day-Mergers and acquisitions
Feb 19 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Wednesday: ** Switzerland's EFG International said it had posted a net profit of 321.6 million Swiss francs ($356 million) in 2024, an increase of 6% from the previous year, and that it ...Reuters
Wed, Feb 19
German union calls one-day public transport strike in six states on Friday
BERLIN, Feb 19 (Reuters) - Germany's public sector Verdi union has called a one-day strike on local public transport in six of Germany's 16 federal states for Friday to increase the pressure in wage talks.The union said on Wednesday it will target the states of Baden-Wuerttemberg, Bremen, He...Reuters
Wed, Feb 19
China proposes new rules to tighten control over rare earth sector
Adds further details throughout BEIJING, Feb 19 (Reuters) - China on Wednesday began public consultation on new regulations designed to protect its domestic rare earth industry, a sector where Beijing has previously weaponised its dominance via export controls and other restrictions.The draft reg...Reuters
Wed, Feb 19
China seeks public feedback on rare earth quota management
BEIJING, Feb 19 (Reuters) - China is seeking public feedback on draft measures for rare earth mining, smelting, separation, and information management, the industry ministry said on Wednesday.The move is aimed at more effectively protecting its domestic rare earth resources, it added.Reuters
Wed, Feb 19
South Africa's white farmers would be among victims if Trump ends growth bill
Africa trade deal AGOA key for some South African exportsAxing it could harm white farmers Trump claims to supportSome Republicans push to revoke country's AGOA benefitsBy Tim Cocks JOHANNESBURG, Feb 19 (Reuters) - Donald Trump's axing of aid to South Africa, in response to land reform po...Reuters
Wed, Feb 19
