News
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Netflix recovers following brief outage during 'Stranger Things' final season premiere
Nov 26 (Reuters) - Streaming platform Netflix was down for about an hour for several users in the United States on Wednesday evening, coinciding with the release of the fifth and final season of its hit series "Stranger Things".There were less than 800 reports of the issue as of 8:45 p.m. ET...Reuters
Thu, Nov 27
Gold eases from two-week top amid risk-on mood; downside seems limited
Gold (XAU/USD) attracts some sellers during the Asian session on Thursday and erodes a part of the previous day's gains to a nearly two-week top. The prospects for lower US interest rates, along with hopes for a peace deal between Russia and Ukraine, remain supportive of the upbeat market mood.
Fxstreet
Thu, Nov 27
Oil prices drop on expectations of ceasefire in Ukraine unlocking Russian supply
By Yuka Obayashi TOKYO, Nov 27 (Reuters) - Oil prices fell on Thursday on expectations of a Ukraine‑Russia ceasefire which could pave the way for the unwinding of Western sanctions against Russian supply, though trading was set to remain thin due to the U.S. Thanksgiving holiday.Brent crude futur...Reuters
Thu, Nov 27
IDB approves $300 million loan to bolster Ecuador's power grid
QUITO, Nov 26 (Reuters) - - The Inter-American Development Bank (IDB) approved a $300 million loan to help Ecuador strengthen its electrical system, the Andean nation's Finance Ministry said on Wednesday.The investments are part of the IDB Group's Amazonia Siempre initiative, focused on sust...Reuters
Thu, Nov 27
PRECIOUS-Gold steadies at near two-week high as investors weigh Fed rate-cut bets
Nov 27 (Reuters) - Gold prices remained steady on Thursday after hitting a more than one-week high in the previous session, as market participants weighed the possibility of an interest rate cut in December amid conflicting signals from the U.S. Federal Reserve. FUNDAMENTALSSpot gold XAU= was...Reuters
Thu, Nov 27
Netflix down for thousands of US users, Downdetector shows
Nov 26 (Reuters) - Streaming platform Netflix NFLX.O is down for thousands of users in the United States on Wednesday, according to Downdetector.com.There were more than 14,290 reports of issues with the social media platform, as of 7:56 p.m. ET, according to Downdetector, which tracks outages by co...Reuters
Thu, Nov 27
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Nov 27 (Reuters) - Contract Target Support/Resistance Brent oil (1st month)$63.42/$64.06sup $62.89/$62.37Palm oil (3rd month)4,076/4,102 ringgitsup 4,007/3,965/3,923 ringgitWTI(1st month)$58.71/$59.23sup $58.18/$57.53Spot gold$4,188/$4,208sup $4,...Reuters
Thu, Nov 27
RPT-INSIGHT-How sanctions made a showpiece Chinese refinery's Western partners run for the exits
Yulong refinery ramps up Russia oil buying after sanctions hitRefiner is top Chinese buyer by site of seaborne Russian crudeWidening Western sanctions drive bifurcation of global oil tradeYulong overseas customers, banks, service providers cut accessGlobal oil firms cut sales to Yulong after sanctio...Reuters
Thu, Nov 27
PRESS DIGEST-British Business - November 27
Nov 27 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Many Businesses will be able to offer tax breaks to investors and staff as part of a package of me...Reuters
Thu, Nov 27
LIVESTOCK-Chicago cattle futures rally ahead of Thanksgiving holiday
CHICAGO, Nov 26 (Reuters) - Chicago Mercantile Exchange's live cattle futures ticked up on Wednesday, bouncing back after negative news weighed on futures the previous day, analysts said. Feeder cattle futures also turned higher, having recovered from Monday's limit-down losses, as traders a...Reuters
Wed, Nov 26
Australia's 3D Energi confirms gas discovery at Essington Reservoir
Nov 27 (Reuters) - Australia's 3D Energi TDO.AX on Thursday confirmed gas discovery within two of its reservoirs at the Essington exploration permit in the offshore Otway Basin.Work began on the Essington-1 well in VIC/P79 exploration permit, the Melbourne-based energy explorer said earlier this...Reuters
Wed, Nov 26
Canada's Clear Blue Q3 revenue up 158%, driven by North American lighting activity
OverviewClear Blue fiscal Q3 revenue grows 158% yr/yr, driven by North American lighting activityNet loss for fiscal Q3 improves by 50% compared to last yearCompany awarded repeat C$1.5 mln order from iSat Africa, indicating strong future demandOutlookClear Blue expects stronger telecom demand due t...Reuters
Wed, Nov 26
IDB approves $300 million loan to bolster Ecuador's power grid
QUITO, 26 nov (Reuters) - - The Inter-American Development Bank (IDB) approved a $300 million loan to help Ecuador strengthen its electrical system, the Andean nation's Finance Ministry said on Wednesday.• The investments are part of the IDB Group's Amazonia Siempre initiative, focused on su...Reuters
Wed, Nov 26
Ex-CFO of 'smart window' maker View settles with US SEC
Nov 26 (Reuters) - The former chief financial officer of View settled a U.S. Securities and Exchange Commission lawsuit claiming he negligently allowed the company to understate the cost of replacing defective "smart windows."Lawyers for Vidul Prakash and the SEC reached an agreement in prin...Reuters
Wed, Nov 26
GRAINS-Chicago grains firm as traders gauge China purchases
By Renee Hickman CHICAGO, Nov 26 (Reuters) - Chicago soybean futures ticked up on Wednesday as traders eyed Chinese purchases of U.S. beans under a bilateral trade truce and adjusted positions before the U.S. Thanksgiving holiday, analysts said. The oilseed market remained underpinned by indicati...Reuters
Wed, Nov 26
Democratic-led states sue over Trump's food aid cuts for immigrants
Democratic-led states sue over SNAP eligibility changesUSDA guidance challenged for misinterpreting SNAP eligibility for non-citizensStates argue refugees, those granted asylum are eligible for SNAP upon immigration status changeBy Nate Raymond Nov 26 (Reuters) - A group of Democratic-led states ...Reuters
Wed, Nov 26
US group sues Apple over Congo conflict minerals
IRAdvocates alleges Apple uses conflict minerals from DRC and RwandaApple denies links to armed groups, has said suppliers told not to source from region DRC's tightened controls on minerals affect global tech supply chainsBy Maxwell Akalaare Adombila and David Lewis DAKAR/LONDON, Nov 26 (Reu...Reuters
Wed, Nov 26
Cargill says it does not plan to close US beef processing plants
By Tom Polansek CHICAGO, Nov 26 (Reuters) - Cargill Inc has no immediate plans to close its U.S. beef processing plants, the company said on Wednesday, days after meatpacker Tyson Foods TSN.N announced it would shutter a major Nebraska facility as the industry grapples with tight cattle supplies....Reuters
Wed, Nov 26
