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Electronic products supplier Surge Components Q3 sales rises 29%
OverviewSurge Components Q3 net sales rose 29% yr/yr to $10.3 mlnGross profit increased 14% yr/yr to $2.8 mln despite lower gross marginNet income available to common shareholders grew 6% yr/yrOutlookSurge Components is cautiously optimistic about the next quarter and early 2026Company notes potenti...
Reuters
Wed, Oct 15
CBOT Trends-Wheat down 3-5 cents, corn steady-down 1 cent, soy down 1-2 cents
CHICAGO, Oct 15 (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 Wednesday.NOTE: The U.S. government remains shut down, suspending many government reports. WHEAT - Down 3 to 5 ce...
Reuters
Wed, Oct 15
EIA expects heating US homes by electricity to cost more this winter than last year
NEW YORK, Oct 15 (Reuters) - U.S. households heated mainly by electricity will spend about 4% more this year to stay warm over the winter due to higher power price forecasts, the Energy Information Administration said on Wednesday in its winter fuels outlook report.Demand growth for electricity from...
Reuters
Wed, Oct 15
Silver Price Forecast: XAG/USD bulls defend uptrend as RSI cools, eyes breakout above $53.77
Silver (XAG/USD) extends its record-breaking advance on Wednesday, trading near $52.60 and up over 2.50% on the day after erasing the previous day’s losses.
Silver
Fxstreet
Wed, Oct 15
Diana Shipping Inc. Announces Time Charter Contract For M/V New Orleans With Swissmarine
Oct 15 (Reuters) - Diana Shipping Inc DSX.N:DIANA SHIPPING INC. ANNOUNCES TIME CHARTER CONTRACT FOR M/V NEW ORLEANS WITH SWISSMARINEDIANA SHIPPING INC - GROSS CHARTER RATE SET AT $26,000 MINUS 5% COMMISSIONDIANA SHIPPING INC - CHARTER EXPECTED TO COMMENCE ON OCTOBER 28, 2025
Reuters
Wed, Oct 15
Prologis tops quarterly estimates on strong warehouse leasing
Oct 15 (Reuters) - Warehouse-focused real estate investment trust Prologis PLD.N beat Wall Street estimates for third-quarter revenue and funds from operations on Wednesday, helped by robust demand for its storage facilities.The San Francisco, California-based company also raised its 2025 core FFO f...
Reuters
Wed, Oct 15
PRECIOUS-Gold extends record run past $4,200 on rate-cut hopes, safe-haven fervor
Gold breaches $4,200/oz for the first timeTrump mulls ending some trade ties with ChinaFed's Powell signals dovish tone as U.S. jobs remain sluggishSilver hit a record high on TuesdayBy Sherin Elizabeth Varghese Oct 15 (Reuters) - Gold prices breached $4,200 per ounce for the first time on We...
Reuters
Wed, Oct 15
OPEC+ is key to strengthening Russia and Saudi interests, Russia says
Novak says OPEC+ key to long-term national interests OPEC head repeats call for investments in oil and gasEnergy security key to climate action success, Saudi minister saysSaudi minister sees Europe struggling with transition challenge By Olesya Astakhova and Vladimir Soldatkin MOSCOW, Oct 15 (Re...
Reuters
Wed, Oct 15
LMEWEEK-US aluminium price rise spurs deliveries from Canada
US relies on imports for half of annual aluminium needsEuropean aluminium premium gain 46% since JuneUS Midwest premium hit record $0.77 per lb on October 6 By Polina Devitt LONDON, Oct 15 (Reuters) - Canadian aluminium producers have increased deliveries to the United States in recent weeks as U...
Reuters
Wed, Oct 15
PRECIOUS-Fed rate cut optimism, safe-haven demand fuel gold's rally beyond $4,200
Gold breaches $4,200/oz for the first timeTrump mulls ending some trade ties with ChinaFed's Powell says economy may be on firmer footing, but job market weakAnalyst expects the bull run in gold to continueBy Anushree Mukherjee Oct 15 (Reuters) - Gold extended its rally to breach $4,200-per-o...
Reuters
Wed, Oct 15
Gold surges past $4,200 as trade tensions, Fed easing bets fuel demand
Gold (XAU/USD) continues its record-breaking run on Wednesday, scaling fresh all-time highs above $4,200 as robust safe-haven flows keep demand elevated.
Gold
Fxstreet
Wed, Oct 15
FCC Enviro Wins $705 Mln Contract In Florida, US
Oct 15 (Reuters) - Fomento de Construcciones y Contratas SA FCC.MC:SAID ON TUESDAY, FCC ENVIRO WON CONTRACT FOR WASTE-TO-ENERGY FACILITY IN PINELLAS COUNTY, FLORIDA, U.S. CONTRACT REPRESENTS ORDER BOOK VALUE OF $704.6 MILLION (610 MILLION EUROS)TO TAKE OVER CONTRACT ON NOVEMBER 1, BUT TO OFFICIALLY ...
Reuters
Wed, Oct 15
Indonesia's Arsari eyes mining asset in Canada, CEO says
JAKARTA, Oct 15 (Reuters) - Indonesia's PT Arsari Tambang, a tin mining company controlled by the family of President Prabowo Subianto, is in discussions to acquire a mining asset in Canada, its chief executive told reporters on Wednesday. The company will take advantage of an economic partnersh...
Reuters
Wed, Oct 15
GRAINS-Chicago grains edge down as US-China worries persist
PARIS/CANBERRA, Oct 15 (Reuters) - Chicago wheat, corn and soybean futures edged down on Wednesday, pressured by ample global supply and concerns about escalation in a U.S.-China trade battle that has hurt U.S. soy exports.Prices earlier bounced from lows on Tuesday - when wheat hit its weakest leve...
Reuters
Wed, Oct 15
Kremlin rejects Trump's view that the Russian economy could collapse
Trump said Russia's economy is near collapseUS President said Russians queueing for gasoline Russia's Novak says domestic gasoline market is stable Kremlin says Russia's economy is strong enough By Guy Faulconbridge, Olesya Astakhova and Gleb Stolyarov MOSCOW, Oct 15 (Reuters) - The K...
Reuters
Wed, Oct 15
WTI steadies near $58 as supply glut fears, US-China trade tensions weigh
West Texas Intermediate (WTI) US Oil trades around $58.30 on Wednesday, up 0.30% at the time of writing, after regaining some lost ground.
WTI
Fxstreet
Wed, Oct 15
RPT-COLUMN-US clean power reversal comes with a hefty emissions price tag: Maguire
By Gavin MaguireLITTLETON, Colorado, Oct 15 (Reuters) - The abrupt cuts to U.S. federal clean energy incentives alongside fresh support for coal and gas-fired power will trigger a swell in North America's emissions in the coming decades as the U.S. generation mix remains fossil fuel reliant.Inde...
Reuters
Wed, Oct 15
PRECIOUS-Fed rate cut optimism, safe-haven demand fuel gold's rally beyond $4,200
Gold breaches $4,200/oz for the first timeTrump mulls ending some trade ties with ChinaFed's Powell says economy may be on firmer footing, but job market weakAnalyst expects the bull run in gold to continueBy Anushree Mukherjee Oct 15 (Reuters) - Gold extended its rally to breach $4,200-per-o...
Reuters
Wed, Oct 15
Gold Price Forecast: XAU/USD appreciates beyond $4,200 amid higher Fed cut bets
Gold is trading higher for the fifth consecutive day on Wednesday, attempting to confirm the breach of the $4,200.
Gold
Fxstreet
Wed, Oct 15
China gets ninth cargo from Russia's Arctic LNG 2 despite sanctions
SINGAPORE, Oct 15 (Reuters) - China has received a ninth cargo of liquefied natural gas (LNG) from Russia's Arctic LNG 2 project, LSEG and Kpler data show, despite U.S. and EU sanctions imposed on the project.The Arctic Metagaz tanker, which is also subject to Western sanctions, berthed at China...
Reuters
Wed, Oct 15
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