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CORRECTED-EXCLUSIVE-Rusal plans to reroute aluminium from China to Japan as Iran conflict reshapes trade, sources say
Japan aluminium premiums soar to 11-year highs on Iran crisisCountry sources over a quarter of its aluminium from GulfChina buyers baulk at prices based on Japan premiums, sources sayBy Tom Daly, Polina Devitt, Amy Lv and Pratima Desai LONDON/BEIJING, April 8 (Reuters) - Russia's Rusal 0486.H...Reuters
Thu, Apr 9
CORRECTED-RPT-EXCLUSIVE-Rusal plans to reroute aluminium from China to Japan as Iran conflict reshapes trade, sources say
Japan aluminium premiums soar to 11-year highs on Iran crisisCountry sources over a quarter of its aluminium from GulfChina buyers baulk at prices based on Japan premiums, sources sayBy Tom Daly, Polina Devitt, Amy Lv and Pratima Desai LONDON/BEIJING, April 8 (Reuters) - Russia's Rusal 0486.H...Reuters
Thu, Apr 9
Mitsui O.S.K. awaits safety clarity, government guidance for vessels to leave the Gulf, CEO says
TOKYO, April 9 (Reuters) - Mitsui O.S.K. Lines 9104.T wants to start moving its vessels stuck around the Strait of Hormuz as soon as possible but needs to ensure safe passage and get guidance from the Japanese government, its chief executive said on Thursday.U.S. President Donald Trump agreed to a t...Reuters
Thu, Apr 9
UK's LAPFF recommends members vote against BP chair, other board‑supported resolutions
LONDON, April 9 (Reuters) - Britain's Local Authority Pension Fund Forum, which represents funds with assets worth over 425 billion pounds ($569 billion), recommends a vote against BP's BP.L chair Albert Manifold and other board-supported resolutions at the oil major's April 23 annual ge...Reuters
Thu, Apr 9
Israel to reopen Karish offshore natgas platform following ceasefire
JERUSALEM, April 9 (Reuters) - Israel's energy ministry said on Thursday that it had instructed Energean ENOG.L to begin resuming operations at the Karish natural gas platform off Israel's Mediterranean coast following the U.S. ceasefire with Iran.The platform has been closed since February ...Reuters
Thu, Apr 9
CORRECTED-China's car sales extend declines in March
BEIJING, April 9 (Reuters) - China's car sales fell for a sixth straight month in March, as rising fuel prices hit demand for gasoline models while electric vehicle sales still reeled from reduced incentives as the economic recovery is sputtering.Sales dropped 15.2% from a year earlier to 1.67 m...Reuters
Thu, Apr 9
Finnair hedges 82% of second quarter jet fuel, Norwegian Air hedges 42%
April 9 (Reuters) - Finnair FIA1S.HE has hedged 82% of its jet fuel cost for the second quarter while Nordic rival Norwegian Air NAS.OL has locked in the cost for 42% of its volume for the period, the carriers said while reporting March traffic data on Thursday.Fuel costs have soared for airlines fo...Reuters
Thu, Apr 9
Abu Dhabi wealth fund Mubadala's assets jump 17% in 2025 to $385 billion
Nearly a quarter of Mubadala's investments are allocated within the UAEU.S. assets accounted for 44% of Mubadala's portfolioMubadala aims to expand in AI and robotics, targeting these as future growth sectorsAnnualised five- and 10-year returns exceeded 10% BENGALURU/ABU DHABI, April 9 (R...Reuters
Thu, Apr 9
European energy firms partner with Framatome to develop nuclear fuel for Russia-designed reactors
HELSINKI, April 9 (Reuters) - Four energy companies in Finland, Hungary, Slovakia and Czechia have signed a deal with French nuclear power services company Framatome to develop European nuclear fuel for Russian-designed reactors, Finnish utility Fortum FORTUM.HE said on Thursday.The agreement target...Reuters
Thu, Apr 9
Chevron Australia restores domestic gas supply after cyclone damage
April 9 (Reuters) - Chevron Australia CVX.N said on Thursday it has fully resumed domestic gas supply to Western Australian customers, while liquefied natural gas output is gradually being restored at its Wheatstone facility following cyclone damage last month.Here are some of the details: In...Reuters
Thu, Apr 9
G7 meeting of finance ministers in Washington next week, says French economy minister
PARIS, April 9 (Reuters) - The G7 finance ministers will hold a meeting next Wednesday, French economy minister Roland Lescure said on Thursday. "As Economy Minister, ...(I) will be in Washington next week. I will chair the G7 Finance Ministers next Wednesday", Lescure told French public bro...Reuters
Thu, Apr 9
PRECIOUS-Gold steady as investors eye US-Iran ceasefire, brace for inflation data
Israel launches strikes on Lebanon, killing hundredsMarch Fed minutes signal growing support for rate hikesFebruary PCE data due later on Thursday, at 1230 GMT By Pablo Sinha April 9 (Reuters) - Gold prices were steady on Thursday as investors remained cautious about the fragile U.S.-Iran ceasef...Reuters
Thu, Apr 9
Oil: Ceasefire confusion keeps supply risks elevated – Danske Bank
Danske Research Team notes that Brent crude dropped sharply on the initial US-Iran ceasefire headlines but remains sensitive to Middle East supply risks. The Strait of Hormuz is still blocked, with Iran only indicating a possible reopening later this week.Fxstreet
Thu, Apr 9
Abu Dhabi wealth fund Mubadala's assets jump 17% in 2025 to $385 billion
BENGALURU/ABU DHABI, April 9 (Reuters) - Mubadala Investment Company, among the biggest sovereign wealth funds globally, said on Thursday its assets under management rose to $385 billion in 2025, up 17% year-on-year. The company, based in Abu Dhabi, credited strong performance of its portfolio in th...Reuters
Thu, Apr 9
Chevron Australia Continues Work To Restore Production Continues At WA Facilities, Spokesperson Says
April 9 (Reuters) - Chevron Australia Spokesperson: CHEVRON AUSTRALIA CONTINUES WORK TO RESTORE PRODUCTION AT THE GORGON AND WHEATSTONE GAS FACILITIESDOMESTIC GAS SUPPLY TO WESTERN AUSTRALIAN CUSTOMERS HAS RESUMED AND IS OPERATING AT FULL CAPACITYLIKELY TO BE NUMBER OF WEEKS BEFORE PRODUCTION RETURN...Reuters
Thu, Apr 9
FACTBOX-Price hikes, outlook cuts - What airlines are doing as fuel costs surge
April 9 (Reuters) - A surge in jet fuel prices driven by the U.S.-Israeli war on Iran has upended the global aviation industry, forcing airlines to raise fares and revise financial outlooks.Jet fuel prices have soared from $85 to $90 per barrel to $150 to $200 per barrel in recent weeks, a financial...Reuters
Thu, Apr 9
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