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Italy sends Ukrainian suspect in Nord Stream pipeline blast to Germany
By Tilman Blasshofer FRANKFURT, Nov 27 (Reuters) - A Ukrainian man suspected of coordinating the sabotage of the Nord Stream gas pipeline in 2022 arrived in Germany on Thursday after Italy's top court approved his handover last week, German federal prosecutors said.Explosions that destroyed t...Reuters
Thu, Nov 27
PRESS DIGEST-Canada - Nov 27
Nov 27 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAILCanada will offer more support to help the steel and lumber industries deal with U.S. tariffs and create a domestic m...Reuters
Thu, Nov 27
Hungary official says MOL could buy stake in Serbia's NIS, talks ongoing
Serbia depends on Russian-owned refineryUS sanctions prompted Belgrade to ask owners to sellHungary supplies Serbia with Russian energyEU member Hungary is ally of Putin and Trump BUDAPEST, Nov 27 (Reuters) - Hungary's MOL MOLB.BU could buy a stake in Serbia's Russian-owned NIS refinery a...Reuters
Thu, Nov 27
Platinum prices rise as China launches new futures contracts
BEIJING, Nov 27 (Reuters) - Spot platinum prices rose on Thursday as the start of the futures trading on the China's Guangzhou bourse provided support to the overall liquidity for the metal.The contracts are the first domestic price-hedging mechanism for platinum and palladium in the world's...Reuters
Thu, Nov 27
Russia's Urals oil price discount widens to 23% in November, central bank says
Urals discount to Brent up to 23% in November - cen bankRussia's oil output rises by October to 9.38 million bpd MOSCOW, Nov 27 (Reuters) - The discount on the price of Russia's Urals oil blend to global benchmark Brent widened by six percentage points this month to 23%, the Russian ...Reuters
Thu, Nov 27
Russia's central bank says gold demand driven by G7 attempt to get Moscow's frozen assets
MOSCOW, Nov 27 (Reuters) - Russia's central bank said on Thursday that central banks in emerging markets were buying gold to diversify their international reserves due to an attempt by the G7 to use billions of dollars of frozen Russian assets. On track for its biggest yearly rise since 1979, go...Reuters
Thu, Nov 27
PRECIOUS-Gold slips from near 2-week high, traders weigh US rate cut chances
Traders see 85% chance of US interest rate cut in DecemberUS consumer confidence falls in NovemberHassett, frontrunner for Fed Chair, says rates should be lowerBy Noel John Nov 27 (Reuters) - Gold prices edged lower on Thursday, easing from a near two-week high hit in the previous session, while ...Reuters
Thu, Nov 27
Hungary's Orban says to hold talks on Russian crude and gas supplies on Friday
BUDAPEST, Nov 27 (Reuters) - Hungary's Viktor Orban said on Thursday that he would conduct talks on Friday to ensure that Hungary gets enough Russian crude and gas supplies, which would also allow it to provide crude for neighbouring Serbia.The Hungarian prime minister did not provide more detai...Reuters
Thu, Nov 27
SOFTS-Robusta coffee edges up as another storm approaches Vietnam; cocoa extends rebound
LONDON, Nov 27 (Reuters) - Robusta coffee futures on the ICE exchange edged up on Thursday with another storm set to hit top grower Vietnam early next week, while London cocoa extended its rebound.There was no trading in ICE raw sugar, New York cocoa or arabica coffee futures due to the U.S. Thanksg...Reuters
Thu, Nov 27
Thailand shifts gear in flood evacuation; Indonesia death toll climbs to 61
Death toll in southern Thailand floods reaches 55 Indonesia battles to reach victims of floods and landslides, 61 deadMalaysia issues tropical storm warnings through to weekend Weather experts say two systems interacted to unleash havocBy Thomas Suen and Mandy Leong HAT YAI, Thailand/KUALA PERLIS...Reuters
Thu, Nov 27
Gold pauses near recent highs amid modest US Dollar rebound
Gold (XAU/USD) is treading water on Thursday as a modest rebound in the US Dollar (USD) weighs on the precious metal. At the time of writing, XAU/USD is trading around $4,160, hovering near two-week highs reached on Wednesday, with the metal up nearly 2.20% so far this week.
Fxstreet
Thu, Nov 27
Russia's Urals oil price discount widens to 23% in November, central bank says
Urals oil price discount to Brent up to 23% in November - c.bankRussia's oil output rises by October to 9.38 million bpd MOSCOW, Nov 27 (Reuters) - Russia's Urals oil price discount to global benchmark Brent widened by six percentage points this month to 23%, Russian central bank said o...Reuters
Thu, Nov 27
Wacker Chemie to cut more than 1,500 jobs, blaming high energy prices, German red tape
Nov 27 (Reuters) - German chemical company Wacker Chemie WCHG.DE plans to cut around 9% of its workforce, mostly in Germany, by the end of 2027, it said on Thursday, blaming high energy prices and excessive bureaucracy in Europe's biggest economy. Wacker, which had announced a cost savings ...Reuters
Thu, Nov 27
Gold Price Forecast: XAU/USD consolidated gains around $4,150
Gold (XAU/USD) was capped at the $4,175 area on Wednesday and is showing minor losses on Thursday, although it remains trading within the previous day’s range, with support around the $4,140 area holding downside attempts for now.The US Dollar Index (DXY) is showing a mild recovery after dropping neFxstreet
Thu, Nov 27
PRECIOUS-Gold slips from near 2-week high, traders weigh US rate cut chances
Traders see a 85% chance of US interest rate cut in DecemberUS consumer confidence falls in NovemberKevin Hassett, frontrunner for Fed Chair, says rates should be lowerBy Noel John Nov 27 (Reuters) - Gold prices edged lower on Thursday, easing from a near two-week high hit in the previous ses...Reuters
Thu, Nov 27
Ukrainian Nord Stream suspect to be extradited to Germany from Italy on Thursday, say prosecutors
FRANKFURT, Nov 27 (Reuters) - A Ukrainian man suspected of coordinating the sabotage of the Nord Stream gas pipeline in 2022 will be flown to Germany on Thursday after Italy's top court approved his extradition last week, a spokesperson for Germany's federal prosecutors said.Described by bot...Reuters
Thu, Nov 27
WTI climbs while Ukraine-Russia ceasefire talks spark cautious optimism
West Texas Intermediate (WTI) US Oil trades around $58.55 on Thursday at the time of writing, up 0.15% on the day. The move reflects renewed optimism surrounding a potential ceasefire between Ukraine and Russia, which could eventually lead to a partial rollback of Western sanctions on Russian Oil.
Fxstreet
Thu, Nov 27
Talks ongoing on possibility of MOL buying stake in Serbia's NIS, Orban's chief of staff says
BUDAPEST, Nov 27 (Reuters) - Talks are ongoing about the possibility of Hungary's oil and gas company MOL MOLB.BU buying a stake in Serbia's NIS refinery, Hungarian Prime Minister Viktor Orban's chief of staff told a briefing on Thursday. Serbia must find a buyer for its Russian-owned oi...Reuters
Thu, Nov 27
Ukraine, US negotiators on peace proposals to meet soon, Kyiv says
KYIV, Nov 27 (Reuters) - Ukraine's and the U.S. negotiating teams will meet soon, Foreign Minister Andrii Sybiha said on Thursday, adding that Kyiv would focus on specific steps in peace proposals."Our expectations are concrete results. Concrete results so that progress can be made," Syb...Reuters
Thu, Nov 27
