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Carney brushes off calls for retaliation against US over tariffs
OTTAWA, Oct 16 (Reuters) - Prime Minister Mark Carney on Thursday brushed off calls to retaliate against the United States over its tariffs on some Canadian exports, saying the two countries were deep in talks over key sectors.U.S. President Donald Trump imposed tariffs on Canadian steel, aluminum a...Reuters
Thu, Oct 16
US Cash Grains-Corn basis softens at ethanol plants
CHICAGO, Oct 16 (Reuters) - The corn basis was steady to weaker at ethanol plants in the U.S. Midwest on Thursday as the harvest progressed, while soybean basis bids were steady to stronger at crushing sites, spot checks showed. Radar images showed showers crossing portions of central Nebraska, east...Reuters
Thu, Oct 16
Carney expects to meet senior China leaders, sidesteps question on tariffs
OTTAWA, Oct 16 (Reuters) - Prime Minister Mark Carney on Thursday said he expected to meet senior Chinese leaders soon but sidestepped a question about dropping tariffs on Chinese electric vehicles in exchange for relief from Beijing's duties on canola. Carney, who discussed trade issues ...Reuters
Thu, Oct 16
Japan To Hike Visa Fees To US, Europe Levels Amid Surging Tourism, Nikkei Reports
Oct 16 (Reuters) - Nikkei:JAPAN TO HIKE VISA FEES TO US, EUROPE LEVELS AMID SURGING TOURISM JAPANESE GOVERNMENT PLANS TO RAISE VISA APPLICATION FEES TO LEVEL COMPARABLE TO U.S. & EUROPEAN NATIONS CHANGES WILL APPLY TO VISAS FOR TOURISM, BUSINESS AND LONG-TERM STAYSReuters
Thu, Oct 16
Insurer Travelers misses revenue estimates on slower commercial property growth
Oct 16 (Reuters) - Insurance bellwether Travelers Companies TRV.N third-quarter revenue missed Wall Street expectations on Thursday, as the company's focus on underwriting discipline slowed growth in large commercial property.Shares of the company, whose earnings often serve as a bellwether for ...Reuters
Thu, Oct 16
Crude drone attack hits Mexican govt office in Tijuana, no deaths or injuries
MEXICO CITY, Oct 16 (Reuters) - A Mexican crime group launched a makeshift drone attack on the state attorney general's offices in the northern border city of Tijuana, just across from California, on Wednesday, according to Mexican authorities.The crude improvised explosive device, which contain...Reuters
Thu, Oct 16
Carney brushes off calls for retaliation against US over tariffs
OTTAWA, Oct 16 (Reuters) - Prime Minister Mark Carney on Thursday brushed off calls to retaliate against the United States over its tariffs on some Canadian exports, saying the two countries were deep in talks over key sectors."There are times to hit back and there are times to talk, and right n...Reuters
Thu, Oct 16
PRECIOUS-Safe-haven surge, Fed rate-cut bets drive gold to new record highs
Silver hits record high of $53.83/ozHSBC lifts 2025 gold forecast to $3,355/ozU.S. shutdown halts data; Treasury warns $15 bln weekly hitTraders see 25 bps Fed cuts in Oct and DecBy Sherin Elizabeth Varghese Oct 16 (Reuters) - Gold hit a record high for the fourth straight session on Thursday, as...Reuters
Thu, Oct 16
ARA gasoline stocks fall 4.6%, Insights Global data shows
LONDON, Oct 16 (Reuters) - Gasoline stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell by about 4.6% on the week, data from Dutch consultancy Insights Global showed on Thursday.Gasoline stocks stood at 1.13 million metric tons and fell on higher exports ...Reuters
Thu, Oct 16
Trump and Putin to speak Thursday, White House official says
WASHINGTON, Oct 16 (Reuters) - U.S. President Donald Trump will speak to Russian counterpart Vladimir Putin on Thursday, a White House official said, a day before Ukrainian President Volodymyr Zelenskiy planned to visit the White House to seek more support for its war with Russia.Reuters
Thu, Oct 16
ABB CEO 'very confident' of demand for data centers powering AI
CEO expects demand to remain strong over next 5 yearsOrders for data centre products have grown strongly this yearABB and Nvidia working together on next-gen power systemsBy John RevillZURICH, Oct 16 (Reuters) - Switzerland's ABB ABBN.S is "very confident" about future demand from data c...Reuters
Thu, Oct 16
WRAPUP 4-US, UK ramp up pressure on India, China to cut Russian oil imports
Trump says Modi pledged to cut Russian oil importsIndia ministry says not aware of Modi-Trump callIndian refiners may reduce imports in Dec, sourcesUK imposes sanctions on Russian, Chinese entitiesChina says it has lodged stern protest over UK sanctionsBy Nidhi Verma NEW DELHI, Oct 16 (Reuters) -...Reuters
Thu, Oct 16
Safe-haven surge, Fed rate-cut bets drive gold to new record highs
Gold hit a record high for the fourth straight session on Thursday, as investors flocked to the safe-haven metal on brewing U.S.-China trade tensions and the U.S. government shutdown, with bets on interest rate cuts fueling the momentum.
Reuters
Thu, Oct 16
Silver retreats after hitting record high amid trade war fears, Fed rate cut bets
Silver (XAG/USD) edges lower on Thursday, trading around $53.00 per ounce, down 0.25% for the day at the time of writing, after reaching a new all-time high of $54.86 earlier in the day. The grey metal remains one of the year’s top-performing assets, up more than 80% year-to-date, supported by persi
Fxstreet
Thu, Oct 16
North America's LNG export capacity could more than double by 2029, EIA says
Oct 16 (Reuters) - Liquefied natural gas exporters in the U.S. have announced plans to more than double U.S. liquefaction capacity, adding an estimated 13.9 billion cubic feet per day (Bcf/d) by 2029, the U.S. Energy Information Administration said on Thursday.The EIA cited its Liquefaction Capacity...Reuters
Thu, Oct 16
Spain's Cox plans to invest $6.4 billion through 2028 with focus on Mexico
MADRID, Oct 16 (Reuters) - Spanish energy company Cox COXGA.MC plans to invest 5.5 billion euros ($6.4 billion) in water and renewable energy through 2028, almost half of which will be made in Mexico, it said on Thursday.The strategy update comes after the company agreed to buy Iberdrola's IBE.M...Reuters
Thu, Oct 16
Caspian Pipeline Consortium to slightly reduce oil exports in 2026, Transneft says
MOSCOW, Oct 16 (Reuters) - The Caspian Pipeline Consortium, which exports oil from Kazakhstan via a Russian Black Sea terminal, will slightly reduce supplies in 2026 due to maintenance at some fields, a stakeholder in the project said on Thursday.Vladimir Kalanda, a vice president at Russia's oi...Reuters
Thu, Oct 16
US natgas prices hold near 2-week low as market waits for weekly storage report
Analysts expect near-normal storage build last weekLNG export feedgas on track to hit record highGas storage levels 4% above normal for this time of yearBy Scott DiSavinoOct 16 (Reuters) - U.S. natural gas futures held near a two-week low on Thursday as the market waited for direction from a federal...Reuters
Thu, Oct 16
