News
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EBRD seeks to boost support for Ukraine's Naftogaz
EBRD has a revolving credit line to NaftogazAllows Naftogaz to buy gas up front, repay when clients payEBRD is trying to mobilise grant money, Renaud-Basso says LONDON, Oct 20 (Reuters) - The European Bank for Reconstruction and Development is looking to step up its support for Ukraine's stat...Reuters
Mon, Oct 20
US natural gas exports to Mexico hit record highs, EIA says
Oct 20 (Reuters) - U.S. natural gas pipeline exports to Mexico averaged 7.5 billion cubic feet per day (bcfd) in May 2025, the most of any month on record as Mexico's demand for natural gas increases, the U.S. Energy Information Administration said on Monday.On an annual basis, U.S. natural gas ...Reuters
Mon, Oct 20
Trump says he expects fair deal with China, vows speedy deliver of subs to Australia
NEW YORK, Oct 20 (Reuters) - U.S. President Donald Trump said on Monday that he expects to work out a fair trade deal with Chinese President Xi Jinping and plans to expedite the delivery of nuclear-powered submarines to Australia, signaling both a willingness to ease tensions with Beijing and a push...Reuters
Mon, Oct 20
US, Australia signed rare earths agreement, Trump says
WASHINGTON, Oct 20 (Reuters) - U.S. President Donald Trump and Australian Prime Minister Anthony Albanese signed an agreement on rare earth and critical minerals on Monday at the White House. Trump said the agreement had been negotiated over four or five months. The two leaders will also discuss tra...Reuters
Mon, Oct 20
Gold Reserve says fees totaling $170 million jeopardize Citgo auction
Gold Reserve accuses advisors of conflict of interestCourt officer switched auction winner recommendation to Elliott's Amber EnergyVenezuela's lawyers also seek disqualification of court officer, advisorsBy Marianna Parraga HOUSTON, Oct 20 (Reuters) - Toronto-listed miner Gold Reserve GRZ...Reuters
Mon, Oct 20
Canada to launch new agency to fight financial crime
TORONTO, Oct 20 (Reuters) - Canadian Finance Minister Francois-Philippe Champagne on Monday announced the creation of a new financial crime agency to combat fraud, tackle money laundering and recover criminal proceeds.Canada is preparing for an audit by Paris-based global financial crime watchdog Fi...Reuters
Mon, Oct 20
PRECIOUS-Gold climbs on rate-cut bets, broader uncertainty; investors eye US-China trade talks
US CPI data due on FridaySpot gold hits all-time high of $4,378.69/oz last weekU.S. government shutdown enters its 20th dayBy Noel John and Pablo Sinha Oct 20 (Reuters) - Gold prices rose by over 2% on Monday, buoyed by expectations of further U.S. interest rate cuts and sustained safe-haven dem...Reuters
Mon, Oct 20
Russia tightening law on sabotage, citing rising Ukraine, NATO threats
Russian bill mandates life imprisonment for involving minors in sabotage, lowers criminal responsibility age to 14Head of parliament's security committee says law counters increased subversive threats from Ukraine, NATOSince it sent forces into Ukraine in 2022, Russia has stepped up crackdowns ...Reuters
Mon, Oct 20
China intensifies effort to ensure wheat sowing against heavy rains
BEIJING, Oct 20 (Reuters) - China has launched a 60-day campaign to secure wheat planting in the main North China Plain winter wheat belt, the governmentsaid on Monday, after heavy rains left fields wet and threatened to delay planting and disrupt next year's grain supply.The Ministry of Agricul...Reuters
Mon, Oct 20
PRESS DIGEST-Canada - October 20
BANGALORE, Oct 20 (Reuters) - The following are the top stories from Canadian newspaper The Globe and Mail. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL- The British Columbia government is set to introduce legislation to fast-track the No...Reuters
Mon, Oct 20
EXCLUSIVE-Ukraine drone attack on Russian gas plant hits Kazakh output, sources say
Ukraine drones hit Russia's Orenburg gas processing plantGas from Karachaganak is being processed at the Orenburg plantShell, Eni, Chevron are among Karachaganak stakeholders MOSCOW, Oct 20 (Reuters) - A Ukrainian drone attack on Russia's Orenburg gas plant has forced neighbouring Kazakhs...Reuters
Mon, Oct 20
UK PM Starmer to attend COP30 in Brazil, PM's spokesperson says
LONDON, Oct 20 (Reuters) - British Prime Minister Keir Starmer will attend the COP30 climate summit in Brazil in November to accelerate Britain's efforts on pursuing net zero and driving green growth, his spokesperson said on Monday."The prime minister will attend the COP30 climate summit in...Reuters
Mon, Oct 20
Deals of the day-Mergers and acquisitions
Oct 20 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Monday: ** Holcim said it will buy German walling systems maker Xella for 1.85 billion euros ($2.16 billion), a move aimed at tapping the growing European building refurbishment...Reuters
Mon, Oct 20
PRECIOUS-Gold climbs on rate cut bets, broader uncertainty; investors eye US-China trade talks
US CPI data due on FridaySpot gold hit all-time high of $4,378.69/oz last weekU.S. government shutdown enters its 20th day By Noel John and Pablo Sinha Oct 20 (Reuters) - Gold prices rose by over 1% on Monday, buoyed by expectations of further U.S. interest rate cuts and sustained safe-haven dem...Reuters
Mon, Oct 20
US natural gas prices surge 8% as colder weather boosts demand
Gas storage levels 4% above normal, easing supply concernsLNG export flows near record highs, boosting demandColder weather forecast boosts heating demandLower 48 states see decline in gas outputBy Scott DiSavinoOct 20 (Reuters) - U.S. natural gas futures jumped about 8% to a one-week high on Monday...Reuters
Mon, Oct 20
US government shutdown likely to end this week, White House adviser Hassett says
WASHINGTON, Oct 20 (Reuters) - The 20-day U.S. federal government shutdown is likely to end this week, White House economic adviser Kevin Hassett said on Monday."I think the Schumer shutdown is likely to end sometime this week," White House economic adviser Kevin Hassett said in an interview...Reuters
Mon, Oct 20
CBOT Trends-Soybeans up 8-10 cents, corn mixed, wheat down 1-2
CHICAGO, Oct 20 (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. CDT (1330 GMT) on Monday.NOTE: The U.S. government remains shut down, suspending many government reports. WHEAT - Down 1 to 2 cents...Reuters
Mon, Oct 20
