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Seatrium, Maersk settle dispute over $475 million contract for offshore wind vessel
Dec 22 (Reuters) - Singapore-based shipbuilder Seatrium SEAT.SI said on Monday it has reached a settlement with Denmark's Maersk MAERSKb.CO to deliver an offshore wind vessel that was intended to work on a project off the coast of New York.Seatrium announced Maersk terminated the contract on Oct...Reuters
Sun, Dec 21
US pursuing third oil tanker near Venezuela, officials say
US Coast Guard pursuing sanctioned tanker near VenezuelaIt would be the third interception of an oil tanker in less than a weekSeizures may affect oil prices, analysts sayBy Idrees Ali, Steve Holland and Helen Coster Dec 21 (Reuters) - The U.S. Coast Guard is pursuing an oil tanker in internation...Reuters
Sun, Dec 21
US intercepts another vessel near Venezuela, officials say
Dec 21 (Reuters) - The United States has intercepted another vessel off the coast of Venezuela in international waters, two U.S. officials told Reuters on Sunday, the second such operation this weekend.The move comes days after U.S. President Donald Trump announced a "blockade" of all sancti...Reuters
Sun, Dec 21
US intercepts oil tanker off Venezuelan coast, officials say
US intercepts vessel amid military build-up near VenezuelaVenezuelan crude exports fall sharply after US tanker seizureCaptured vessel believed to be part of Venezuela's "dark" fleet of tankersMaduro claims US aims to overthrow him and control Venezuela's oil reservesBy Idrees Ali, P...Reuters
Sun, Dec 21
Major power outage hits San Francisco
Dec 20 (Reuters) - A sizable part of San Francisco was hit by a power outage on Saturday, according to the city's emergency management department and the city's main utility company. The blackout hit about 125,000 residents in the California city of around 800,000 people, according to Pacifi...Reuters
Sun, Dec 21
Venezuelan government rejects seizure of new vessel transporting oil
Dec 20 (Reuters) - The Venezuelan government rejected the seizure of a new vessel transporting oil, it said in a statement on Saturday, describing it as a "serious act of international piracy," after the United States seized another tanker near the coast of the South American country. Ve...Reuters
Sat, Dec 20
Brazil's Lula warns US intervention in Venezuela could be catastrophic
By Manuela Andreoni SAO PAULO, Dec 20 (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Saturday that an "armed intervention in Venezuela would be a humanitarian catastrophe" in the face of escalating actions from the United States toward regional neighbor Venezuela.On Tue...Reuters
Sat, Dec 20
EXCLUSIVE-US interdicting, seizing vessel off Venezuelan coast, officials say
US seizes vessel amid military build-up near VenezuelaVenezuelan crude exports fall sharply after US tanker seizureMaduro claims US aims to overthrow him and control Venezuela's oil reservesBy Idrees Ali and Phil Stewart Dec 20 (Reuters) - The United States is interdicting and seizing a vesse...Reuters
Sat, Dec 20
ERG signs a long-term gallium supply deal with Mitsubishi
LONDON, Dec 20 (Reuters) - Mining group Eurasian Resources Group has signed a long-term deal to supply gallium to Mitsubishi Corporation RtM Japan Ltd, a subsidiary of Japanese trading house Mitsubishi Corp 8058.T, it said on Saturday.Kazakhstan, which currently produces no gallium, is set to become...Reuters
Sat, Dec 20
USDA confirms bird flu case in Wisconsin dairy herd as new wildlife spillover
Dec 19 (Reuters) - The United States Department of Agriculture on Friday confirmed that a case of highly pathogenic avian influenza in a Wisconsin dairy herd marked a new spillover event from wildlife to cattle, separate from previous outbreaks.The virus, identified as H5N1 clade 2.3.4.4b genotype D...Reuters
Sat, Dec 20
US Cash Grains-Corn, soy basis bids flat-mixed, farmer sales sluggish
CHICAGO, Dec 19 (Reuters) - U.S. corn basis bids were mostly flat at elevators and processors in the Midwest on Friday, while soybean bids were steady to mixed, grain brokers said.Farmer selling was generally slow this week due to weak prices, a broker said. Corn sales in the western Midwest were he...Reuters
Fri, Dec 19
Blacklisted naphtha tanker from Russia enters Venezuelan waters while another diverts, ship data shows
Trump's 'blockade' aims to halt sanctioned oil tankers to VenezuelaHyperion's sanctions profile differs from seized Skipper tankerVenezuela condemns US actions as violating international lawBy Arathy Somasekhar HOUSTON, Dec 19 (Reuters) - A tanker subject to U.S. sanctions carryin...Reuters
Fri, Dec 19
CIF/FOB Gulf Grain-Soybean barge basis steady-higher on firm demand, lower futures
CHICAGO, Dec 19 (Reuters) - Basis bids for soybeans shipped by barge to U.S. Gulf Coast terminals were unchanged to higher on Friday, underpinned by steady demand from China and weakening futures prices, traders said.CIF corn basis bids were steady to firm.Chinese state-owned importers have been boo...Reuters
Fri, Dec 19
US Cash Crude-Grades rise as US rig count falls, refinery demand edges up
HOUSTON, Dec 19 (Reuters) - Grades rose on Friday, dealers said, as the U.S. oil rig count slid to its lowest in more than four years while refinery demand crept higher.U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row for the first time sinc...Reuters
Fri, Dec 19
Medtronic's diabetes business MiniMed files for US IPO
By Arasu Kannagi Basil Dec 19 (Reuters) - Medtronic's MDT.N MiniMed Group filed for a U.S. initial public offering on Friday, as the medical device maker moves ahead with the spin-off of its diabetes business.With capital markets set for a slowdown through the year-end holidays, corporate iss...Reuters
Fri, Dec 19
Japan's Tokyo Lifestyle H1 revenue surges on franchise and wholesale growth
OverviewTokyo Lifestyle's fiscal H1 revenue rose 94.3% yr/yrCompany reported net loss due to tax and foreign exchange impactsGross profit increased, but gross margin declined due to promotional activitiesOutlookCompany emphasizes preparations for future expansion and investments in site evaluati...Reuters
Fri, Dec 19
LIVESTOCK-CME cattle futures higher on tight supply
By Heather Schlitz CHICAGO, Dec 19 (Reuters) - Chicago Mercantile Exchange live and feeder cattle futures shot higher on Friday on position squaring ahead of next week's Christmas holiday and expectations of an ongoing tight supply of cattle, analysts said. After the close of trade, market pl...Reuters
Fri, Dec 19
Boeing seeks FAA emissions waiver to sell 35 additional 777F freighters
WASHINGTON, Dec 19 (Reuters) - Boeing on Friday asked the Federal Aviation Administration for a waiver of airplane emissions rules to allow the planemaker to sell another 35 777F freighters, citing strong customer demand and in a delay in the next-generation plane's certification.The rules take ...Reuters
Fri, Dec 19
Oil prices climb as US blocks Venezuelan tankers, eyes on Russia-Ukraine talks
Brent and WTI prices rise amid Venezuelan tanker blockadeRussia-Ukraine peace talks impact oil market sentimentU.S. sanctions increase pressure on Venezuela's oil exportsBy Scott DiSavino NEW YORK, Dec 19 (Reuters) - Oil prices edged up on possible disruptions from a U.S. blockade of Vene...Reuters
Fri, Dec 19
GRAINS-Wheat trades near contract lows under ample global supply
By Heather Schlitz CHICAGO, Dec 19 (Reuters) - Chicago wheat futures ended higher on Friday, but hit their biggest weekly drop since June as abundant and cheap global supply kept prices near an eight-week low.Soybean futures declined for a sixth day, reaching their lowest price since October 24, ...Reuters
Fri, Dec 19
