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Belgium wants more nuclear power production, Engie's CFO says
Engie prefers renewable energy over nuclear assetsBelgium considers extending reactor lifespans beyond 2035Engie seeks clarity on decommissioning costs for reactor extensionsBy Forrest Crellin and America Hernandez PARIS, Feb 26 (Reuters) - The Belgian government is pushing to develop new nuclear...Reuters
Thu, Feb 26
Siemens Energy CEO demands path towards double-digit returns at wind unit by 2028
FRANKFURT, Feb 26 (Reuters) - Siemens Gamesa must provide visibility by 2028 on how it can achieve profit margins of more than 10%, the CEO of parent Siemens Energy ENR1n.DE said at the group's annual general meeting, where investors debated the division's future.Christian Bruch said Siemens...Reuters
Thu, Feb 26
GRAINS-Soybeans hold firm on demand optimism
Soy market sees scope for more demand from China, US biodiesel Wheat weighs import tenders, rumoured US demand for Argentine cropBy Naveen Thukral and Gus Trompiz SINGAPORE/PARIS, Feb 26 (Reuters) - Chicago soybeans extended gains on Thursday to their highest since mid-2024 as expectations of mor...Reuters
Thu, Feb 26
Vistra beats fourth-quarter core profit estimates on AI-driven power demand
Feb 26 (Reuters) - Power producer Vistra Corp VST.N beat Wall Street expectations for fourth-quarter adjusted core profit on Thursday, as an AI-driven surge in electricity demand from data centers fueled earnings.U.S. power consumption is expected to rise sharply through this year and the next, ...Reuters
Thu, Feb 26
Businessman Gupta refused permission to appeal in Trafigura nickel fraud lawsuit
LONDON, Feb 26 (Reuters) - Indian businessman Prateek Gupta was refused permission by London's High Court on Thursday to appeal against a ruling that he defrauded commodities trader Trafigura over fake nickel cargoes.Geneva-based Trafigura alleged Gupta was the mastermind of a fraudulent "Po...Reuters
Thu, Feb 26
Hormel misses quarterly sales estimates on weak retail demand
Feb 26 (Reuters) - Skippy peanut butter maker Hormel Foods HRL.N missed quarterly sales estimates on Thursday, reflecting U.S. consumers' shift towards cheaper alternatives amid economic uncertainty. The packaged-food maker had hiked prices in fiscal 2025 to counter soaring costs of commodi...Reuters
Thu, Feb 26
Vital Farms Q4 revenue slightly misses estimates; sets $100 mln stock buyback
OverviewEthically produced foods firm's Q4 revenue rose 28.7% yr/yr, slightly missing analyst expectationsAdjusted EBITDA for Q4 missed analyst estimatesCompany authorized $100 mln stock repurchase programOutlookVital Farms expects fiscal 2026 net revenue of $900 mln to $920 mlnCompany projects ...Reuters
Thu, Feb 26
Hanwha and Greek ΟΝΕΧ Shipyards to expand activities in the US
ATHENS, Feb 26 - Greek ΟΝΕΧ Shipyards and Technology said on Thursday it signed an agreement with South Korean Hanwha Power Systems to expand their joint activities in the United States in shipbuilding, energy production and regasification units.ONEX, which operates two shipyards in Greece, said in ...Reuters
Thu, Feb 26
Cheniere signs long-term LNG supply deal with Taiwan's CPC
Feb 26 (Reuters) - Cheniere Energy LNG.N said on Thursday it has entered a long-term liquefied natural gas (LNG) supply deal with Taiwan's CPC Corp.Under the agreement, CPC will purchase up to 1.2 million tonnes per annum of the superchilled gas from Cheniere's subsidiary from 2026 through 2...Reuters
Thu, Feb 26
Shell puts some of its Shell Ventures portfolio under review, sources say
LONDON, Feb 26 (Reuters) - Shell SHEL.L has put under review the investments it holds in some of the companies under its Shell Ventures portfolio, two sources familiar with the matter said. The British oil major will retain a majority of its Ventures investments, one of the sources said. The corpora...Reuters
Thu, Feb 26
Gold holds steady as US-Iran nuclear talks and trade tensions shape outlook
Gold (XAU/USD) trades with a mild upside bias on Thursday but remains confined within this week’s trading range as markets stay cautious ahead of key geopolitical developments. At the time of writing, XAU/USD trades at $5,174 as bulls struggle to sustain gains above the $5,200 level.Fxstreet
Thu, Feb 26
Warby Parker Q4 revenue up 11.2%, slightly misses estimates
OverviewVision lifestyle brand's Q4 revenue grew 11.2% but slightly missed analyst expectationsCompany achieved first full year of positive net income of $1.6 mlnCompany authorized $100 mln share repurchase programOutlookWarby Parker expects 2026 revenue of $959 mln to $976 mlnCompany anticipate...Reuters
Thu, Feb 26
PRECIOUS-Gold ticks up on safe‑haven bids; markets eye US-Iran talks
US, Iran to hold talks in Geneva later in the dayUS tariff rate for some countries will rise to 15%, says GreerUS weekly jobless claims data due later in the dayBy Noel John Feb 26 (Reuters) - Gold prices edged up on Thursday as uncertainty over U.S. tariff policy boosted the metal's safe-hav...Reuters
Thu, Feb 26
Floating wind market 'much smaller' than expected, Technip chief says
By Vera Dvorakova and ELENA SMIRNOVA Feb 26 (Reuters) - Demand for floating wind turbines is much lower than imagined only three to five years ago, Technip Energies TE.PA CEO Arnaud Pieton said on Thursday, reflecting broader concerns across the wind power industry.Ekwil, Technip's joint vent...Reuters
Thu, Feb 26
Flowco Q4 revenue beats on higher Surface Equipment sales
OverviewOil and gas solutions provider's Q4 revenue beat analyst expectationsAdjusted net income for Q4 beat analyst expectationsCompany announced acquisition of Valiant Artificial Lift SolutionsOutlookFlowco expects to close Valiant acquisition in March 2026Company plans to use credit facility ...Reuters
Thu, Feb 26
Cheniere reports rise in 2025 profit on LNG demand
Feb 26 (Reuters) - Cheniere Energy LNG.N reported a rise in full-year 2025 profit on Thursday, helped by strong liquefied natural gas (LNG) demand.The company reported net income attributable to Cheniere of $5.33 billion for the year ended December 31, compared with $3.25 billion a year earlier.Reuters
Thu, Feb 26
RPT-ROI-Geopolitical turmoil gives OPEC+ cover for cautious output hike: Bousso
By Ron Bousso LONDON, Feb 26 (Reuters) - OPEC+ meets on Sunday to set its next production move amid heightened geopolitical friction affecting nearly a third of its output. That volatility may give the group cover to stick to its balanced-market narrative, even if the facts on the ground sugg...Reuters
Thu, Feb 26
