News
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Russian nuclear agency dismisses Ukrainian claim it cannot run Zaporizhzhia nuclear power plant
MOSCOW, Feb 12 (Reuters) - Russia's state nuclear corporation, Rosatom, on Thursday rejected a Ukrainian accusation that Russia lacked the equipment and components to run the Soviet-built Zaporizhzhia nuclear power plant.Russia took control of the plant, Europe's largest atomic power station...Reuters
Thu, Feb 12
India's Hindalco posts 45% fall in quarterly profit on higher costs
Feb 12 (Reuters) - India's Hindalco Industries HALC.NS posted a 45% fall in its third-quarter profit on Thursday despite firmer aluminium and copper prices, weighed down by expenses linked to fire-related disruptions at its U.S. unit Novelis.The Aditya Birla Group-owned metals producer reported ...Reuters
Thu, Feb 12
AEP expands spending plan, beats profit estimates as electricity demand surges
Feb 12 (Reuters) - American Electric Power AEP.O surpassed Wall Street expectations for fourth-quarter profit on Thursday, and said it would expand its five-year capital expenditure plan beyond $72 billion to meet the surging demand for power.U.S. electricity demand is rising at an unprecedented pac...Reuters
Thu, Feb 12
Nuscale Power To Collaborate With Oak Ridge National Laboratory To Explore Artificial Intelligence-Guided Nuclear Fuel Management
Feb 12 (Reuters) - Nuscale Power Corp SMR.N:NUSCALE POWER TO COLLABORATE WITH OAK RIDGE NATIONAL LABORATORY TO EXPLORE ARTIFICIAL INTELLIGENCE-GUIDED NUCLEAR FUEL MANAGEMENTNUSCALE POWER CORP - U.S. DOE'S GAIN INITIATIVE FUNDS ORNL COLLABORATION WITH NUSCALEReuters
Thu, Feb 12
Ice cream maker Magnum's shares slump as debut results underwhelm
Magnum reports first results since Unilever spin-offNet profit down 48.4%, sales and volume growth miss estimatesIce cream maker's share price tumbles on market openingCompany faces challenges including Ben & Jerry's disputeBy Alexander Marrow LONDON, Feb 12 (Reuters) - Magnum Ice Cre...Reuters
Thu, Feb 12
Global oil demand to rise more slowly as prices rally, IEA says
IEA still projects sizeable global oil supply surplus in 2026Oil prices rise amid geopolitical tensions and supply outagesOPEC+ and other producers boost supply faster than demandOil slips after IEA report published, still up 14% in 2026By Alex Lawler LONDON, Feb 12 (Reuters) - World oil demand ...Reuters
Thu, Feb 12
CK Hutchison warns of legal action if Maersk takes over Panama's Balboa, Cristobal terminals
Feb 12 (Reuters) - Hong Kong's CK Hutchison 0001.HK said on Thursday it has notified Panama of an investment-protection treaty dispute after A.P. Moller–Maersk MAERSKb.CO signaled it is willing to temporarily take over management of the Balboa and Cristobal terminals. The move comes after Pan...Reuters
Thu, Feb 12
Australian uranium miners in Namibia bullish on outlook as prices surge
Paladin Energy eyes higher output from Namibian projectNamibia is world's No.3 uranium producerBannerman sees decision on new mine soonNuclear power wave, higher prices fuel new investmentBy Wendell Roelf CAPE TOWN, Feb 12 (Reuters) - Australian miner Paladin Energy PDN.AX is on track to comp...Reuters
Thu, Feb 12
Two US Navy ships collide in waters near South America, WSJ reports
Feb 12 (Reuters) - A U.S. warship and a Navy supply vessel collided during refueling Wednesday, the Wall Street Journal reported on Thursday, citing a military spokesman.The Arleigh Burke-class destroyer USS Truxtun and the Supply-class fast combat support ship USNS Supply collided during a replenis...Reuters
Thu, Feb 12
Italian rail operator Italo picks Starlink for satellite internet on trains
MILAN, Feb 12 (Reuters) - Italian high‑speed rail operator Italo said on Thursday it would introduce SpaceX's Starlink system across its fleet, becoming the world's first major train company to rely on the low‑Earth‑orbit satellite connectivity service.Elon Musk's Starlink has been expa...Reuters
Thu, Feb 12
Gold trades sideways as strong US jobs data push back early Fed rate-cut bets
Gold (XAU/USD) holds in a narrow range on Thursday as stronger US employment data prompts traders to push back expectations for an early Federal Reserve (Fed) interest rate cut. At the time of writing, XAU/USD trades around $5,065, remaining confined to this week’s $5,000-$5,100 consolidation band.Fxstreet
Thu, Feb 12
PBF Energy Q4 revenue slightly beats analyst expectations
OverviewU.S. refiner's Q4 revenue slightly beat analyst expectationsAdjusted net income for Q4 beat estimates, showing improvement from last year's lossesMartinez refinery restart on schedule, expected to enhance future operationsOutlookPBF Energy expects $350 mln in cost improvements by yea...Reuters
Thu, Feb 12
China releases draft safety rules for automated driving systems
BEIJING, Feb 12 (Reuters) - China's industry ministry on Thursday released draft safety rules for automated driving systems for cars with level-3 and level-4 autonomous capabilities, according to documents the ministry released.Automated systems' "safety level should at least reach that ...Reuters
Thu, Feb 12
Entergy forecasts 2026 profit below estimates as costs weigh
Feb 12 (Reuters) - U.S. electric utility Entergy ETR.N on Thursday forecast 2026 earnings below Wall Street expectations after missing estimates for fourth-quarter profit, as elevated operating and maintenance costs weigh on the company.Rising power consumption from large industrial users and emergi...Reuters
Thu, Feb 12
Paraguay soy crop may set record as harvest enters final stage
By Daniela Desantis ASUNCION, Feb 12 (Reuters) - Paraguay’s 2025/26 soybean crop is on track to exceed 10 million metric tons and could become the largest in the country’s history, analysts and producers said, as the summer harvest approaches its final phase.Agricultural consultancy StoneX revise...Reuters
Thu, Feb 12
ANALYSIS-Global shipping industry sticks with green investments, despite carbon price delay
Shipping accounts for nearly 3% of greenhouse gas emissionsIMO to consider carbon price again this yearShipping, energy companies forge ahead with green investmentsRules may change again over ships' 30-year lifespans, Wartsila CEO saysBy Enes Tunagur and Jeslyn Lerh LONDON/SINGAPORE, Feb 12 (...Reuters
Thu, Feb 12
Alberta separatists step up efforts to leave Canada after meeting with Trump officials
Alberta separatists seek independence referendum citing economic grievancesSeparatists meet with State Department officials in WashingtonAlberta's premier facilitates referendum process without endorsing separatismBy Amanda Stephenson and Maria ChengCALGARY, Feb 12 (Reuters) - Separatists in A...Reuters
Thu, Feb 12
RPT-ROI-Euro and yuan global ambitions hasten the dollar drop: Mike Dolan
By Mike Dolan LONDON, Feb 11 (Reuters) - The dollar is sliding again against the euro and yuan, just as European and Chinese leaders are seeking to boost the global role of their currencies, taking advantage of the rising dollar doubts. The latest exchange rate shifts seem to be playing out as d...Reuters
Thu, Feb 12
