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REUTERS NEXT-Copper giant Freeport's CEO won't count on mergers for growth
NEW YORK, Dec 4 (Reuters) - Copper giant Freeport-McMoRan FCX.N would never say never for merger and acquisition opportunities, but the company is not counting on deals for growth, its chief executive said on Thursday."In the next five years in our U.S. business, we have the opportunity to grow ...Reuters
Thu, Dec 4
Why shouldn't India have same privilege as US to buy Russian fuel, Putin tells India Today TV
NEW DELHI, Dec 4 (Reuters) - Russian President Vladimir Putin told broadcaster India Today that if the United States has the right to buy Russian fuel, "why shouldn't India have the same privilege". Putin's comments were part of an interview with the broadcaster that was due to be ai...Reuters
Thu, Dec 4
US says new fuel economy rule could lead to return of station wagons
By David Shepardson WASHINGTON, Dec 4 (Reuters) - The Trump administration says its new fuel economy rollback proposal could allow automakers to resume building station wagons, a staple of 1970s and '80s family travel."This rule will actually allow you to bring back the 1970s station wago...Reuters
Thu, Dec 4
SOFTS-Arabica coffee prices rise on increased US roaster demand
LONDON, Dec 4 (Reuters) - Arabica coffee futures on ICE rose on Thursday after a pick-up in buying interest from U.S. roasters helped to support prices, while the strength of sterling against the dollar weighed on London cocoa prices. COFFEEArabica coffee KCc2 gained 1.3% to $3.7740 per lb b...Reuters
Thu, Dec 4
Edison CEO says group speeds up green investments, EDF eyes minority stake sale
By Francesca Landini and Giancarlo Navach MILAN, Dec 4 (Reuters) - Edison's EDNn.MI green investments will increase the Italian utility's borrowing, its CEO told Reuters, adding that parent company EDF aims to sell a minority stake in the wholly-owned unit to avoid a rise in its own debt ...Reuters
Thu, Dec 4
EXCLUSIVE-Kazakhstan's oil output declines as exports curbed by damaged terminal, source says
MOSCOW, Dec 4 (Reuters) - Kazakhstan's oil and gas condensate production declined by 6% in the first two days of December, an industry source said on Thursday, following a Ukrainian drone attack on the Caspian Pipeline Consortium's (CPC) Black Sea loading facility.The CPC pipeline, which car...Reuters
Thu, Dec 4
War insurance costs spike for ship owners as Black Sea threats grow, sources say
Costs have jumped to as much as 1% of a ship's value, sources sayThreat levels have increased significantly, maritime security company saysTurkey says Black Sea tanker attacks threaten regional safety By Jonathan Saul LONDON, Dec 4 (Reuters) - War insurance costs for ships sailing to the Bla...Reuters
Thu, Dec 4
Whiskey maker Brown-Forman tops Q2 sales estimates, sticks to annual targets
Dec 4 (Reuters) - Jack Daniel's maker Brown-Forman BFb.N on Thursday beat Wall Street estimates for quarterly sales and maintained its annual forecasts as the company banks on demand for its whiskeys in emerging markets to offset softness in the U.S.Steady growth in its travel retail channel as ...Reuters
Thu, Dec 4
Edison CEO says group speeds up green investments, EDF eyes minority stake sale
By Francesca Landini and Giancarlo Navach MILAN, Dec 4 (Reuters) - Edison's EDNn.MI green investments will increase the Italian utility's borrowing, its CEO told Reuters, adding that parent company EDF aims to sell a minority stake in the unit to avoid a rise of its own debt pile.The Ital...Reuters
Thu, Dec 4
Diana Shipping Inc. Announces Time Charter Contracts For M/V Dsi Pollux
Dec 4 (Reuters) - Diana Shipping Inc DSX.N:DIANA SHIPPING INC. ANNOUNCES TIME CHARTER CONTRACTS FOR M/V DSI POLLUX WITH STONE SHIPPING AND M/V DSI ANDROMEDA WITH WESTERN BULKDIANA SHIPPING INC - GROSS CHARTER RATE IS US$14,750, MINUS A 5.00% COMMISSION PAID TO THIRD PARTIESDIANA SHIPPING INC - CHART...Reuters
Thu, Dec 4
CBOT Trends-Soybeans up 1-4 cents, corn and wheat mixed
CHICAGO, Dec 4 (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 Thursday. WHEAT - Up 2 cents to down 3 cents per bushelWheat mixed, with prices capped by plentiful global grain supplies an...Reuters
Thu, Dec 4
Glenfarne - Partners With Posco International Corp For Development Of Alaska LNG Project On U.S. Pacific Coast
Dec 4 (Reuters) - Posco International Corp 047050.KS:GLENFARNE - PARTNERS WITH POSCO INTERNATIONAL CORP FOR DEVELOPMENT OF ALASKA LNG PROJECT ON U.S. PACIFIC COASTGLENFARNE - PARTNERSHIP INCLUDES 20-YEAR HEADS OF AGREEMENT FOR 1 MILLION TONNES PER ANNUM OF LNG OFFTAKE ON A FREE-ON-BOARD BASISGLENFAR...Reuters
Thu, Dec 4
Nucor Promotes CFO Steve Laxton As President And COO
Dec 4 (Reuters) - Nucor Corp NUE.N:NUCOR ANNOUNCES PROMOTION OF STEVE LAXTON TO PRESIDENT AND CHIEF OPERATING OFFICER; DAVE SUMOSKI TO RETIRENUCOR- STEPHEN D. LAXTON, CHIEF FINANCIAL OFFICER PROMOTED TO ROLE OF PRESIDENT AND CHIEF OPERATING OFFICER EFFECTIVE JAN 1, 2026NUCOR- WILL CONDUCT SEARCH FOR...Reuters
Thu, Dec 4
US says new fuel economy rule could lead to return of station wagons
WASHINGTON, Dec 4 (Reuters) - The Trump administration says its new fuel economy rollback proposal could allow automakers to resume building station wagons, a staple of 1970s and '80s family travel."This rule will actually allow you to bring back the 1970s station wagon -- maybe a little woo...Reuters
Thu, Dec 4
Russia's Putin arrives in India for summit talks with PM Modi
NEW DELHI, Dec 4 (Reuters) - Russian President Vladimir Putin landed in New Delhi on Thursday, where he was received by Indian Prime Minister Narendra Modi at the airport, beginning the Russian leader's first visit to old friend India since the start of the war in Ukraine nearly four years back....Reuters
Thu, Dec 4
GE Vernova To Equip Second Greenvolt Onshore Wind Farm In Romania
Dec 4 (Reuters) - GE Vernova Inc GEV.N:GE VERNOVA INC: TO EQUIP SECOND GREENVOLT ONSHORE WIND FARM IN ROMANIAGE VERNOVA INC: DELIVERIES OF WIND TURBINES SCHEDULED TO BEGIN IN 2026GE VERNOVA INC: TO SUPPLY, INSTALL & COMMISSION 42 OF ITS 6.1 MW–158M ONSHORE WIND TURBINES TO POWER GURBANESTI WIND ...Reuters
Thu, Dec 4
Hormel Foods forecasts annual profit above estimates on higher prices
Dec 4 (Reuters) - Skippy peanut butter maker Hormel Foods HRL.N forecast annual profit above estimates on Thursday, betting that its cost-cutting plan, higher prices and sustained demand for turkey will overcome high input costs of beef and pork. The company's shares were up about 5% in p...Reuters
Thu, Dec 4
Activist investor Litt urges changes at First Industrial Realty to boost stock, sources say
By Svea Herbst-BaylissNEW YORK, Dec 4 (Reuters) - Activist investor Jonathan Litt wants warehouse operator First Industrial Realty Trust FR.N to sell assets, return capital to shareholders and refresh its board, steps that could boost the stock price by 30%, according to sources familiar with the ma...Reuters
Thu, Dec 4
Indonesia names Chinese metal firm executive a suspect in radioactive contamination case
JAKARTA, Dec 4 (Reuters) - Indonesian authorities on Thursday named a director of a scrap metal company as a suspect in a probe into radioactive contamination at a big industrial zone, accusing the firm of violating environmental laws on storage and disposal. The caesium 137 contamination was first...Reuters
Thu, Dec 4
Turkey extends Russian gas imports for a year as it plans US investment
Turkey aims to reduce reliance on Russian energyGazprom supply contracts were due to expire at year-endUS investment would hedge against higher prices, says ministerTurkey in talks over Iranian gas importsAlso in negotiations for nuclear plants By Can Sezer ISTANBUL, Dec 4 (Reuters) - Turkey has...Reuters
Thu, Dec 4
