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EXCLUSIVE-Ford F-150 Lightning plant hit by aluminum fire-related shutdown, union official says
By Nora EckertDETROIT, Oct 8 (Reuters) - Ford Motor F.N is pausing production next week at the Dearborn, Michigan plant that makes its F-150 Lightning electric pickup, a change a union official at the plant says is related to a disastrous fire at a supplier's New York aluminum factory.The Septem...
Reuters
Wed, Oct 8
Carney says he had 'meeting of minds' with Trump on steel, aluminum
OTTAWA, Oct 8 (Reuters) - Canadian Prime Minister Mark Carney on Wednesday said he had "a meeting of minds" with U.S. President Donald Trump on the future of the steel and aluminum sectors, which are currently facing U.S. tariffs. Carney met Trump in the Oval Office on Tuesday for...
Reuters
Wed, Oct 8
CBOT soybeans rise on lower US yield projections, trade hopes
CHICAGO, Oct 8 (Reuters) - Chicago Board of Trade soybean futures gained on Wednesday on talk of lower U.S. harvest yields and hopes for a farmer aid package and a breakthrough in U.S.-China trade talks, analysts said.CBOT November soybeans SX25 settled 7-1/2 cents higher at $10.29-1/2 per bushel. T...
Reuters
Wed, Oct 8
CBOT corn on smaller U.S. yield outlook, higher soybeans
CHICAGO, Oct 8 (Reuters) - Chicago Board of Trade corn futures firmed on Wednesday in range-bound trading, supported by forecasts for smaller U.S. harvest yields and spillover support from rising soybean futures, analysts said.Losses were limited by expectations for a record-large U.S. crop, despite...
Reuters
Wed, Oct 8
Canada floated Keystone XL revival in tariff discussion with Trump, source says
Discussions at early phase, unclear whether any company would build the projectKeystone XL faced environmental, Indigenous opposition, canceled by President Joe BidenBy Amanda Stephenson CALGARY, Oct 8 (Reuters) - Canadian Prime Minister Mark Carney raised the prospect of reviving the Keystone XL...
Reuters
Wed, Oct 8
US airlines say it is 'imperative' FAA get quick wins in air traffic overhaul
Airlines say FAA should speed airspace modernization design, eliminate paper stripsFAA should condense air traffic controller training timeFAA has faced criticism for prior modernization effortsBy David Shepardson WASHINGTON, Oct 8 (Reuters) - A group representing major U.S. airlines said it is i...
Reuters
Wed, Oct 8
Chevron expects Hess acquisition to outperform targets, CEO tells employees
HOUSTON, Oct 8 (Reuters) - Chevron CVX.N CEO Mike Wirth told employees on Wednesday that he believes the company will outperform publicly-stated financial targets given to investors following the acquisition of smaller oil producer Hess.Upon closing the $55-billion purchase of Hess in July, Chevron ...
Reuters
Wed, Oct 8
Carney says he had 'meeting of minds' with Trump on steel, aluminum
OTTAWA, Oct 8 (Reuters) - Canadian Prime Minister Mark Carney on Wednesday said he had "a meeting of minds" with U.S. President Donald Trump on the future of the steel and aluminum sectors as well as on energy sector cooperation."(This) is why our teams are negotiating the terms of those...
Reuters
Wed, Oct 8
PRECIOUS-Gold shatters $4,000 milestone, silver belts record high as investors rush to safety
Silver hits record high, platinum climbs over 12-year peakGold up about 54% so far this yearTraders price in 25 bps Fed rate-cut this monthBy Anmol Choubey and Anushree Mukherjee Oct 8 (Reuters) - Gold surged past the $4,000 an ounce level for the first time on Wednesday, building on a record-bre...
Reuters
Wed, Oct 8
Gold blazes past $4,000 to all-time highs ahead of Fed Minutes
Gold price rally extends for the third consecutive trading session in the week, hitting a record high of $4,056 a troy ounce, up over 1.70% on the day.
Gold
Fxstreet
Wed, Oct 8
Whirlwind 'dust devils' reveal blustery conditions at Martian surface
Researchers catalog 1,039 'dust devils' over two decadesWind speeds up to 98 miles per hour (158 kph) observedFindings could help plan landing spots for missionsBy Will Dunham WASHINGTON, Oct 8 (Reuters) - Two decades of observations by a pair of orbiting spacecraft have enabled scientist...
Reuters
Wed, Oct 8
Google to invest 5 billion euros in Belgium, creating 300 jobs
BRUSSELS, Oct 8 (Reuters) - U.S. tech giant Google GOOGL.O announced on Wednesday plans to invest 5 billion euros ($5.80 billion) in Belgium, which the compay said would create a further 300 jobs in the country.Google added the investment would focus on the AI sector and on expanding its data centre...
Reuters
Wed, Oct 8
GRAINS-Soybeans gain on lackluster harvest sales, lower yield outlook
By Karl Plume CHICAGO, Oct 8 (Reuters) - U.S. soybean futures rose for a second straight day on Wednesday on expectations that U.S. harvest yields will be lower than the latest government forecast and on limited sales by farmers awaiting news from U.S.-China trade talks and details of government ...
Reuters
Wed, Oct 8
US airlines say it is 'imperative' FAA get quick wins in air traffic overhaul
WASHINGTON, Oct 8 (Reuters) - A group representing major U.S. airlines said it is imperative the Federal Aviation Administration accomplish some "quick wins" in the $12.5 billion overhaul of the aging air traffic control system, according to a letter seen by Reuters on Wednesday.Airlines for...
Reuters
Wed, Oct 8
Republican bill to end US government shutdown falling short in Senate, voting continues
WASHINGTON, Oct 8 (Reuters) - A Republican bill to fund the U.S. government and end a shutdown was falling short of the votes needed for passage in the Senate on Wednesday, as voting continued.
Reuters
Wed, Oct 8
PRECIOUS-Gold shatters $4,000 milestone, silver belts record high as investors rush to safety
Silver hits record high, palladium highest since June 2023Gold up about 52% so far this yearTraders price in 25 bps Fed rate-cut this monthBy Anmol Choubey and Anushree Mukherjee Oct 8 (Reuters) - Gold surged past the $4,000 an ounce level for the first time on Wednesday, building on a record-bre...
Reuters
Wed, Oct 8
Boeing Secures $173 Mln U.S. Air Force Contract for Eight MH-139A Helicopters
Oct 8 (Reuters) - Boeing Co BA.N:BOEING AWARDED CONTRACT FOR EIGHT ADDITIONAL MH-139A HELICOPTERSBOEING - U.S. AIR FORCE HAS AWARDED CO A CONTRACT TO PRODUCE EIGHT MORE MH-139A GREY WOLF HELICOPTERS WORTH MORE THAN $173 MILLION
Reuters
Wed, Oct 8
US Cash Grains-Soy, corn basis mostly steady to firmer
CHICAGO, Oct 8 (Reuters) - Spot basis bids for soybeans were mostly steady to firmer at soy processing sites in the U.S. Midwest on Wednesday as farmer offerings slowed and the harvest of the oilseed began to wind down in a few eastern areas, merchandisers said.The soybean basis rose by 5 cents a bu...
Reuters
Wed, Oct 8
EU wheat stays subdued as abundant supply weighs
PARIS, Oct 8 (Reuters) - Euronext wheat again traded in a narrow range on Wednesday, with ample global supply limiting support from a falling euro and keeping futures near contract lows. December milling wheat BL2Z5, the most-active position on Paris-based Euronext, settled 0.1% up at 188.00 euros (...
Reuters
Wed, Oct 8
Europe Gasoline/Naphtha-Gasoline cracks fall slightly
LONDON, Oct 8 (Reuters) - Northwest European gasoline profit margins fell by about $1 to $15.81 a barrel on Wednesday despite a larger-than-expected draw on inventories in the United States.A total of 3,200 metric tons of Eurobob E5 barges traded as Exxon and Glencore sold to each other.Another 4,20...
Reuters
Wed, Oct 8
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