News
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EXPLAINER-How companies are steering IPO plans amid US government shutdown
By Manya Saini Oct 7 (Reuters) - Companies looking to sidestep disruptions caused by the U.S. government shutdown to their initial public offerings can tap a provision that allows them to press ahead with their listing plans without the need for regulatory approvals.Biotech startup MapLight becam...Reuters
Tue, Oct 7
Russia says Ukrainian drone crashed into nuclear plant, without causing damage
MOSCOW, Oct 7 (Reuters) - Russia's state nuclear energy company said on Tuesday that a Ukrainian drone had tried to strike a nuclear plant in Russia's Voronezh region, which borders Ukraine.In a statement, Rosenergoatom said the drone was "suppressed by technical means" and detonated...Reuters
Tue, Oct 7
Chevron working to restart units at El Segundo refinery after fire
Oct 7 (Reuters) - Chevron CVX.N said on Tuesday it was working to restart some of the processing units that were shut down due to a fire at its El Segundo refinery last week."The refinery continues to operate and create transportation fuels, although at diminished rates," the company said.La...Reuters
Tue, Oct 7
Soccer-Cape Verde success would have been scarcely believable 20 years ago
Island nation close to World Cup qualificationCape Verde would be second smallest nation to play at World CupTeam benefits from large migrant communities in EuropeBy Mark GleesonCAPE TOWN, Oct 7 (Reuters) - The Cape Verde Islands are one win away from a World Cup place that confirms the promise they...Reuters
Tue, Oct 7
PRECIOUS-Gold hits record high on broader uncertainty, rate cut bets
Gold hits all-time high of $3,977.19/ozBullion may reach $4,300/oz over next 6 months, analyst saysChina's central bank extends gold buying for 11th monthBy Anmol Choubey Oct 7 (Reuters) - Gold prices touched another record high on Tuesday, driven by strong investment demand amid broader geop...Reuters
Tue, Oct 7
Hudbay resumes operations at Peru's mine after protests
Oct 7 (Reuters) - Canadian miner Hudbay Minerals HBM.TO said on Tuesday it has resumed operations at its Constancia mine in Peru, weeks after halting output due to local protests and blockades that had disrupted access to the site.The company said it has delayed a 20,000 dry-metric-tonne concentrat...Reuters
Tue, Oct 7
UK's Jaguar Land Rover to restart some factories after cyberattack shutdown
Engines, batteries units restart on WednesdayMain production lines restart later this weekOffers qualifying suppliers upfront cash payment for partsQuarterly sales volumes dropBy Sarah Young LONDON, Oct 7 (Reuters) - Britain's biggest carmaker, Jaguar Land Rover (JLR), said on Tuesday some fa...Reuters
Tue, Oct 7
Russia says Ukrainian drone crashed into nuclear plant, without causing damage
MOSCOW, Oct 7 (Reuters) - Russia's state nuclear energy company said on Tuesday that a Ukrainian drone attempted to strike a nuclear plant in Russia's Voronezh region, which borders Ukraine.In a statement, Rosenergoatom said that a drone crashed into a cooling tower at the plant, but caused ...Reuters
Tue, Oct 7
RPT-CORRECTED-Slovakia approves deal with US for new nuclear power plant unit
Oct 7 (Reuters) - Slovakia has approved an intergovernmental agreement with the United States on the construction of a new state-owned nuclear power unit with output of more than 1,000 MW, Slovak Prime Minister Robert Fico said on Tuesday."This project will be important not only for Slovakia but...Reuters
Tue, Oct 7
Aurubis hikes 2026 European copper premium to record $315 a ton
Record high premium comes as shortages boost copper pricesAurubis' European premium had been at $228/ton since 2023By Pratima Desai and Tom Daly LONDON, Oct 7 (Reuters) - Europe's biggest copper smelter Aurubis NAFG.DE will charge European customers a premium of $315 per metric ton for ...Reuters
Tue, Oct 7
Bangladesh approves US wheat imports, hoping to ease trade tensions
DHAKA, Oct 7 (Reuters) - Bangladesh has approved the purchase of about 220,000 metric tons of U.S. wheat under a government-to-government deal aimed at easing trade tensions with Washington after import tariffs were imposed by U.S. President Donald Trump’s administration.The Cabinet Committee on Gov...Reuters
Tue, Oct 7
CORRECTED-Slovakia approves deal with US for new nuclear power plant unit
Oct 7 (Reuters) - Slovakia has approved an intergovernmental agreement with the United States on the construction of a new state-owned nuclear power unit with output of more than 1,000 MW, Slovak Prime Minister Robert Fico said on Tuesday."This project will be important not only for Slovakia but...Reuters
Tue, Oct 7
Chevron working to restart units at El Segundo refinery after fire
Oct 7 (Reuters) - Chevron CVX.N on Tuesday said it is working to restart some of the processing units that were shut down due to a fire at its El Segundo refinery last week."The refinery continues to operate and create transportation fuels, although at diminished rates," the company said.Reuters
Tue, Oct 7
Gold Price Forecast: XAU/USD holds near record highs with $3,940 holding bears
Gold remains steady right below all-time highs, at $3,973, supported by a cautious market mood on Tuesday. The precious metal is trading right below $3,960 during the European morning trading, with downside attempts held above $3,940Fxstreet
Tue, Oct 7
Pope Leo to visit Turkey, Lebanon in November in first trip abroad
VATICAN CITY, Oct 7 (Reuters) - Pope Leo will travel to Turkey and Lebanon in late November, the Vatican announced on Tuesday, in the first visit outside Italy by the new leader of the 1.4-billion-member global Catholic Church.Leo, the first U.S. pope, will visit Turkey from November 27-30 befor...Reuters
Tue, Oct 7
TIMELINE-Trump's trade war: Tariff deadlines and key upcoming events
Oct 7 (Reuters) - U.S. President Donald Trump's tariff strategy has injected uncertainty into global financial markets, exacerbated by legal challenges to the levies and Trump's push for bilateral trade deals.Trump's order on "reciprocal" tariffs for exports from 69 trading partn...Reuters
Tue, Oct 7
