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Burford's $35 million bet on antitrust claims hits snag in US bankruptcy court
By Mike Scarcella WASHINGTON, Nov 19 (Reuters) - A judge in Texas has dealt litigation funder Burford Capital BURF.L a setback in its bid to collect on a $35 million investment in antitrust lawsuits brought by bankrupt food distributor Harvest Sherwood.Burford affiliates had sued Harvest Sherwood...Reuters
Wed, Nov 19
Minerals executives urge Congress to deploy more financial tools to offset China
Nov 19 (Reuters) - Critical minerals executives told a U.S. congressional committee on Wednesday that Washington should take more financial steps to offset what is seen as market interference by Chinese rivals. Lithium Americas LAC.TO CEO Jonathan Evans told the U.S. House of Representatives'...Reuters
Wed, Nov 19
PRECIOUS-Gold rises on safe-haven demand ahead of key US data
Fed minutes due at 1900 GMTUS jobless claims at two-month high in mid-OctoberFocus on US non-farm payrolls report due on ThursdayBy Pablo Sinha Nov 19 (Reuters) - Gold prices rose on Wednesday, as investors flocked to the safe-haven asset ahead of the release of the Federal Reserve's latest ...Reuters
Wed, Nov 19
Trump administration proposals would revise rules protecting endangered species
Nov 19 (Reuters) - The Trump administration on Wednesday proposed four new rules that would roll back Biden-era regulations that strengthened protections for endangered species.The move is aligned with President Donald Trump's effort to unwind what he says are burdensome federal regulations for ...Reuters
Wed, Nov 19
SOFTS-Coffee and cocoa prices fall while sugar edges higher
LONDON, Nov 19 (Reuters) - Robusta coffee futures on the ICE exchange slipped on Wednesday, after surging as floods hit top grower Vietnam's coffee belt and dealers bet the Trump administration's move to eliminate import tariffs on most coffee producers would spur U.S. bean demand. COF...Reuters
Wed, Nov 19
Dutch government steps back from Nexperia intervention to pursue talks with China
Dutch government suspends intervention at Nexperia Move follows talks with Chinese governmentDutch Economy Minister cites goodwill gestureTalks between Netherlands and China to continueNexperia chip shortages hit auto supply chains, productionWingtech says Dutch should withdraw from court caseBy Tob...Reuters
Wed, Nov 19
Chile's Cochilco hikes 2025 and 2026 copper price forecasts to record highs
By Fabian Cambero SANTIAGO, Nov 19 (Reuters) - Chile's state copper commission Cochilco increased its forecast for copper prices for 2025 and 2026 to record highs on Wednesday amid weak production.Cochilco now sees average copper prices in 2025 of $4.45 per pound and hiked its 2026 forecast t...Reuters
Wed, Nov 19
Brazil's Lula pushes negotiators for early climate deal at COP30 summit
Brazil's Lula set to meet key negotiatorsCOP30 host seeking early deal on contentious issuesFunding dispute risks delaying UN carbon market planBy Kate Abnett and Lisandra Paraguassu BELEM, Brazil, Nov 19 (Reuters) - Brazil's president was set to meet key negotiators at the COP30 summit o...Reuters
Wed, Nov 19
Chile's SQM expects 25% lithium demand growth in 2025
SANTIAGO, Nov 19 (Reuters) - Executives from Chilean lithium producer SQM on Wednesday said they expect lithium demand this year to reach over 1.5 million metric tons, representing 25% growth from 2024.In addition, CEO Ricardo Ramos said the company expects a planned lithium joint venture with Chile...Reuters
Wed, Nov 19
Airbus chair calls on Europe to acquire tactical nuclear weapons
BERLIN, Nov 19 (Reuters) - Airbus chairman Rene Obermann has called on European countries to acquire tactical nuclear weapons in response to the threat posed by Russian Iskander missiles deployed at Kaliningrad that can carry nuclear warheads."Our Achilles heel seems to be what Russia threatens ...Reuters
Wed, Nov 19
PRECIOUS-Gold rises 1% on safe-haven demand ahead of key US data
Fed minutes due at 1900 GMTUS jobless claims at two-month high in mid-OctoberFocus on US non-farm payrolls report due on ThursdayBy Pablo Sinha Nov 19 (Reuters) - Gold prices climbed over 1% on Wednesday, as investors flocked to the safe-haven asset ahead of the release of the Federal Reserve’s ...Reuters
Wed, Nov 19
EIA sees Alaska crude oil production rising 13% in 2026
Nov 19 (Reuters) - Crude oil production from Alaska is forecast to reach 477,000 barrels per day (bpd) in 2026, the highest since 2018, the U.S. Energy Information Administration (EIA) said in its latest Short-Term Energy Outlook on Wednesday.The EIA said Alaska oil production is expected to rise 13...Reuters
Wed, Nov 19
SOFTS-Robusta coffee loses some ground after recent surge
LONDON, Nov 19 (Reuters) - Robusta coffee futures on the ICE exchange slipped on Wednesday, after surging as floods hit top grower Vietnam's coffee belt and dealers bet the Trump administration's move to eliminate import tariffs on most coffee producers would spur U.S. bean demand. COF...Reuters
Wed, Nov 19
Uranium enrichment not part of civil nuclear deal with Saudi Arabia, US energy secretary says
WASHINGTON, Nov 19 (Reuters) - Uranium enrichment is not part of the deal on civil nuclear energy reached with Saudi Arabia, U.S. Energy Secretary Chris Wright said on Wednesday. "It is about civilian, civil use of nuclear power. It's not about enrichment. It's not about anything related...Reuters
Wed, Nov 19
Saudi Arabia to sign $30 billion worth of energy deals with US, says Aramco CEO
Nov 19 (Reuters) - Saudi Arabia will sign energy sector agreements with the U.S. worth $30 billion, the CEO of Saudi state oil giant Aramco, Amin Nasser, said on Wednesday in comments carried by Saudi state TV.His comments came during the U.S.-Saudi investment forum, being held in Washington.Reuters
Wed, Nov 19
US Census Bureau to release Sept retail sales, durable goods orders reports next week
Nov 19 (Reuters) - The U.S. Commerce Department's Census Bureau said on Wednesday it would publish both September retail sales and food services and durable goods orders reports next week. Both were delayed by the government shutdown.The monthly sales report for retail and food services will be ...Reuters
Wed, Nov 19
US natural gas futures climb 4% on near-record LNG flows and cold December forecast
Colder weather coming in DecemberLNG export flows near-record levels, boosting demandRecord US gas output allows for increased stockpilingBy Scott DiSavino Nov 19 (Reuters) - U.S. natural gas futures climbed about 4% on Wednesday on near-record flows to liquefied natural gas export plants and for...Reuters
Wed, Nov 19
Russia's Lukoil says it reserves the right to seek judicial protection in Bulgaria
MOSCOW, Nov 19 (Reuters) - Russia's Lukoil LKOH.MM said on Wednesday that it reserves the right to seek judicial protection of its rights and legitimate interests in Bulgaria after an external manager was appointed to run its assets there."Lukoil is taking all necessary steps to complete the...Reuters
Wed, Nov 19
