News
Important Only
SFL Corp Says Co To Sell Two 2015-Built Suezmax Tankers SFL Thelon & SFL Ottawa
Dec 19 (Reuters) - SFL Corporation Ltd SFL.N:SFL CORPORATION LTD: ANNOUNCED THAT IT AGREED TO SELL TWO 2015-BUILT SUEZMAX TANKERS SFL THELON AND SFL OTTAWA - SEC FILINGSFL CORPORATION LTD: THE GROSS SALES PRICE IS EXPECTED TO BE APPROXIMATELY $57 MILLION PER VESSELSFL CORPORATION LTD: SFL EXPECTS TO...Reuters
Fri, Dec 19
GRAINS-Wheat trades near contract lows under ample global supply
By Heather Schlitz CHICAGO, Dec 19 (Reuters) - Chicago wheat futures see-sawed on Friday, but were headed for 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 Oct...Reuters
Fri, Dec 19
Court in Brazil's Minas Gerais slaps down Nestle copyright lawsuit
By Roberto SamoraSAO PAULO, Dec 19 (Reuters) - A court in Brazil's Minas Gerais state has granted a preliminary injunction in favor of Brazilian company Coffee++, ordering international giant Nestle NESN.S to stop using the Coffee+ brand, according to a court document seen by Reuters.Judge Claud...Reuters
Fri, Dec 19
IMF approves $206 million in emergency financial support for Sri Lanka
Dec 19 (Reuters) - The International Monetary Fund said on Friday it had approved emergency funding of about $206 million for Sri Lanka under the Rapid Financing Instrument. The funds aim to support recovery efforts following the devastation caused by Cyclone Ditwah, which struck in late November, k...Reuters
Fri, Dec 19
REFILE-Union Pacific kicks off regulatory review for $85 bln coast‑to‑coast rail merger
Filing opens 30-day window for regulatory reviewMerger faces opposition from competitors citing reduced choicesTrump publicly supports merger, aligning with his vision for U.S. infrastructureBy Sabrina Valle NEW YORK, Dec 19 (Reuters) - Union Pacific UNP.N and Norfolk Southern NSC.N on Friday fil...Reuters
Fri, Dec 19
ROI-EV revolution rolls on but battery metals lose their charge: Andy Home
By Andy Home LONDON, Dec 19 (Reuters) - It's been a third tough year for battery metals such as lithium, nickel and cobalt as all three markets struggle to absorb the wave of supply that followed the 2022 price boom. Yet the electric vehicle (EV) revolution rolls on. Demand for batteries and ...Reuters
Fri, Dec 19
SOFTS-Raw sugar rebounds from one-month low but downside risks prevail
LONDON, Dec 19 (Reuters) - Raw sugar futures on the ICE exchange rebounded on Friday after hitting a one-month low, but were still headed for a 2% weekly loss, with more supply now expected from India, the world's second-largest producer. SUGARRaw sugar SBc1 rose 2.1% to 14.78 cents per l...Reuters
Fri, Dec 19
ARKO Petroleum discloses nine-month revenue fall in US IPO paperwork
Dec 19 (Reuters) - Fuel distributor ARKO Petroleum on Friday disclosed a decline in nine-month revenue in its U.S. initial public offering filing, as companies line up to list early next year.The company reported a $24.7 million profit on $4.27 billion revenue for the nine-month period ended Septemb...Reuters
Fri, Dec 19
Putin sticks to Russian demands on Ukraine, says EU 'robbery' failed
Putin fields questions from journalists, ordinary peopleWar in Ukraine dominates annual press conferenceBall is in Kyiv and Europe's court, he saysEU sets aside plan to use Russian frozen assets Rogue comments flash up on screen during the event By Guy Faulconbridge MOSCOW, Dec 19 (Reuters) -...Reuters
Fri, Dec 19
US energy regulator directs PJM to set AI data center rules
Order directs PJM to implement rules that allow power plants to cut output to the gridAnalyst group sees 'major victory' for existing gas, nuclear plantsBy Timothy Gardner WASHINGTON, Dec 18 (Reuters) - The U.S. energy regulator on Thursday directed the largest U.S. grid operator, PJM Int...Reuters
Fri, Dec 19
Diana Shipping Announces Time Charter Contract for m/v Myrsini with Paralos Shipping
Dec 19 (Reuters) - Diana Shipping Inc DSX.N:DIANA SHIPPING INC. ANNOUNCES TIME CHARTER CONTRACT FOR M/V MYRSINI WITH PARALOS SHIPPINGDIANA SHIPPING INC - GROSS CHARTER RATE SET AT $13,500 PER DAYDIANA SHIPPING INC - MYRSINI EXPECTED TO GENERATE $4.71 MILLION IN REVENUE FOR MINIMUM SCHEDULED PERIOD O...Reuters
Fri, Dec 19
Ukraine strikes Russian 'shadow fleet' tanker in Mediterranean
Ukraine has expanded its campaign against Russian oil Strike used aerial drones in Mediterranean for first timeRussia yet to comment publicly By Tom Balmforth and Jonathan Saul LONDON, Dec 19 (Reuters) - Ukraine has struck a Russian "shadow fleet" oil tanker in the Mediterranean Sea with ...Reuters
Fri, Dec 19
Maersk tests Red Sea route as Gaza ceasefire offers hope
Maersk vessel navigated Red Sea for first time in nearly two yearsSays it is considering a 'stepwise' approach to Red Sea route resumptionCeasefire in Gaza raises hopes for normal shipping trafficBy Stine Jacobsen COPENHAGEN, Dec 19 (Reuters) - Danish shipping company Maersk MAERSKb.CO sa...Reuters
Fri, Dec 19
YouTube largely back up after being down for thousands of users, Downdetector shows
Dec 19 (Reuters) - Alphabet's GOOGL.O YouTube was largely back up after a brief outage denied access for thousands of users globally on Friday, according to Downdetector.com.There were about 200 outage reports from users of the platform as of 9:00 a.m. ET, compared with the peak of nearly 10,800...Reuters
Fri, Dec 19
Namib Minerals to restart mothballed Zimbabwe gold mine in February
By Chris Takudzwa Muronzi HARARE, Dec 19 (Reuters) - Namib Minerals NAMM.O will restart operations at its mothballed Redwing gold mine in February as part of the company's broader $300 million investment plan in Zimbabwe, its chief executive said on Friday.Redwing currently has an estimated 2...Reuters
Fri, Dec 19
CBOT Trends-Soybeans down 1-2 cents, corn steady-down 1 cent, wheat steady
CHICAGO, Dec 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 Friday: WHEAT - SteadyCBOT wheat Wv1 hovered near an October 23 low it touched on Wednesday and was headed for its biggest ...Reuters
Fri, Dec 19
US natural gas futures ease to 7-week low on warm weather outlook, near-record output
Mild weather reduces natural gas demand, impacting futures pricesRecord high gas output in Lower 48 states maintains supplyBy Scott DiSavino NEW YORK, Dec 19 (Reuters) - U.S. natural gas futures eased to a seven-week low on Friday on forecasts for milder weather and lower demand over the next two...Reuters
Fri, Dec 19
ANALYSIS-US coffee drinkers face higher prices even after Trump's tariff reset
Tariff costs still trickling through supply chains, experts sayNine-month lag for raw bean prices to filter through to storesLag leaves Trump with fewer levers to pull ahead of midtermsBy May Angel and Alexander Marrow LONDON, Dec 19 (Reuters) - U.S. coffee lovers hoping President Donald Trump...Reuters
Fri, Dec 19
YouTube down for thousands of US users, Downdetector shows
Dec 19 (Reuters) - Google's GOOGL.O YouTube was down for thousands of users in the United States on Friday, according to Downdetector.com.There were more than 10,800 reports of issues with the streaming platform as of 08:15 a.m. ET, according to Downdetector, which tracks outages by collating st...Reuters
Fri, Dec 19
