News
Important Only
China pushes beef import probe into 2026, delaying possible trade restrictions
BEIJING, Nov 25 (Reuters) - China has extended its investigation period for beef imports by another two months, the commerce ministry said on Tuesday, giving global suppliers a longer temporary reprieve from potential trade restrictions as the domestic industry grapples with a supply glut.A ministry...Reuters
Tue, Nov 25
PRESS DIGEST- New York Times business news - November 25
Nov 25 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- Danish company Novo Nordisk NOVOb.CO announced on Monday that two large studies failed to find any effect of the drug semaglutide ...Reuters
Tue, Nov 25
PRECIOUS-Gold hits over one-week high as Fed remarks renew rate-cut bets
Gold rose nearly 2% on MondayUS retail sales data for September due at 1330 GMTUS consumer confidence data for November due at 1500 GMTBy Ishaan Arora Nov 25 (Reuters) - Gold extended gains on Tuesday to hit its highest in more than a week, brushing off a firm dollar, after dovish comments from F...Reuters
Tue, Nov 25
Russia's Sechin says the West could face economic crisis due to sanctions
MOSCOW, Nov 25 (Reuters) - Igor Sechin, the head of Russia's largest oil producer Rosneft ROSN.MM, said on Tuesday that sanctions imposed by the West on Russia and China will bring the economies of Western countries closer to economic crisis.Speaking at the Russian-Chinese Energy Business Forum ...Reuters
Tue, Nov 25
Thailand to send aircraft carrier for flood relief as rains intensify
Waters rising in Thailand's worst-affected city of Hat YaiThai navy to send aircraft carrier with field kitchens, medicsHeavy rain forecast in Thailand through TuesdayBy Chayut Setboonsarng and Ashley Tang BANGKOK/KUALA LUMPUR, Nov 25 (Reuters) - Thailand was preparing on Tuesday to send an a...Reuters
Tue, Nov 25
Three people killed, 16 injured in major Ukrainian drone attack on southern Russia, officials say
MOSCOW, Nov 25 (Reuters) - Three people were killed and at least 16 injured in a major Ukrainian drone attack on southern Russia with residential buildings damaged in the Black Sea port of Novorossiysk and the cities of Rostov-on-Don and Krasnodar, Russian officials said. The Russian Defence Mini...Reuters
Tue, Nov 25
TIMELINE-Trump's trade war with China in 2025
By Liz Lee and Shi Bu BEIJING, Nov 24 (Reuters) - U.S. President Donald Trump has targeted top economic rival China with a cascade of tariffs on imports worth billions of dollars as he tries to narrow a trade deficit, bring home lost manufacturing and cripple the fentanyl trade.Here are key event...Reuters
Tue, Nov 25
Vietnam's Binh Son refinery steps up US oil imports
HANOI/SINGAPORE, Nov 25 (Reuters) - Vietnam's Binh Son oil refinery is set to receive 1 million barrels of West Texas Intermediate crude in January, its second purchase in three months as it steps up imports from the United States, two sources familiar with the matter said on Tuesday.Vietnam has...Reuters
Tue, Nov 25
PRECIOUS-Gold hits one-week high as Fed remarks renew rate cut bets
Gold rose nearly 2% on MondayUS retail sales data for September due at 1330 GMTUS consumer confidence data for November due at 1500 GMTBy Ishaan Arora Nov 25 (Reuters) - Gold prices extended gains on Tuesday to the highest in more than a week, brushing off a firm dollar, after dovish comments fro...Reuters
Tue, Nov 25
GRAINS-Soybeans edge higher as traders hope for more Chinese buying
CANBERRA, Nov 25 (Reuters) - Chicago soybean futures on Tuesday edged up towards last week's 17-month high, as traders awaited for signs that China will buy more U.S. beans.Wheat futures slipped for a fifth consecutive session as falling Russian prices focused attention on plentiful global suppl...Reuters
Tue, Nov 25
BP's Olympic Pipeline shutdown hits airlines' fuel supply
BP excavates over 200 feet of pipeline to locate leak sourceMajor airlines add refueling stops to flights amid pipeline shutdownDelta Air Lines, Alaska Airlines use tanker trucks to supplement fuelBy Nicole JaoNEW YORK, Nov 24 (Reuters) - BP's BP.L Olympic Pipeline system remained shut on Monday...Reuters
Tue, Nov 25
USDA expects deals on farmer aid, Chinese soy buys within weeks
USDA head Rollins expects farm aid announcement within two weeksAmerican Farm Bureau Federation says aid 'urgently needed' Rollins confident in China's commitment to soybean purchasesBy Susan Heavey and Leah Douglas WASHINGTON, Nov 24 (Reuters) - The Trump administration expects to an...Reuters
Tue, Nov 25
EXCLUSIVE-Nigeria's Dangote picks Honeywell to help fulfill ambitious capacity expansion
By Utkarsh Shetti DUBAI, Nov 25 (Reuters) - Nigeria's Dangote has tapped Honeywell HON.O to provide services and help double its refining capacity to 1.4 million barrels per day by 2028, in what is the clearest indication yet that its plans to become the world's largest petroleum refinery...Reuters
Tue, Nov 25
TECHNICALS-CBOT soybeans to retest support at $11.11-1/2
For more technical analyses, please click SINGAPORE, Nov 25 (Reuters) - The CBOT soybean January contract SF26 is expected to retest support at $11.11-1/2 per bushel, as a bounce triggered by this barrier may have completed.The bounce is classified as a pullback towards a rising trendline. It could ...Reuters
Tue, Nov 25
GRAINS-Soybeans edge higher as traders hope for more Chinese buying
CANBERRA, Nov 25 (Reuters) - Chicago soybean futures on Tuesday edged back towards last week's 17-month high as traders waited for signs that China will buy more U.S. beans and details from a call between the U.S. and Chinese leaders.Wheat futures slipped for a fifth consecutive session as falli...Reuters
Tue, Nov 25
Oil steadies as oversupply concerns vie with Ukraine talks for investor focus
Nov 25 (Reuters) - Oil prices were little changed on Tuesday after rising in the previous session as concerns supply will exceed demand next year outweighed worries Russian shipments will remain under sanctions as talks to end the Ukraine war remain inconclusive. Brent futures LCOc1 fell 17 cents, o...Reuters
Tue, Nov 25
