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PRECIOUS-Gold slips 3% as hawkish Fed comments spark market sell-off
Gold up 2.3% so far this weekSilver, platinum, palladium down 3%Traders see a 50% chance of US interest rate cut in DecemberBy Noel John and Pablo Sinha Nov 14 (Reuters) - Gold prices dropped 3% on Friday on a broader market sell-off, sparked by hawkish remarks from U.S. Federal Reserve official...Reuters
Fri, Nov 14
Swiss companies to invest $200 billion in US by 2028, document says
Nov 14 (Reuters) - Swiss companies are planning direct investments in the U.S. amounting to $200 billion by the end of 2028, the Swiss government said on Friday, as part of a tariff agreement reached with Washington."This should also include efforts to strengthen vocational education and trainin...Reuters
Fri, Nov 14
US House report accuses China of minerals market interference
US House committee report accuses China of manipulating mineral pricesReport recommends price controls, US minerals stockpileLME says its pricing is based on transparent trading activityChinese embassy in DC says 'nothing credible' about committeeBy Ernest Scheyder and Pratima Desai Nov 1...Reuters
Fri, Nov 14
Russia's Lukoil in talks with potential buyers of its foreign assets
MOSCOW, Nov 14 (Reuters) - Russia's second-largest oil producer Lukoil LKOH.MM said on Friday it has been in talks with potential buyers of its foreign assets following last-month sanctions from the UK and the United States and as a deal with Gunvor trading house collapsed."The specific deal...Reuters
Fri, Nov 14
Russia's Lukoil in talks with potential buyers of its foreign assets
MOSCOW, Nov 14 (Reuters) - Russia's second-largest oil producer Lukoil LKOH.MM said on Friday it has been in talks with potential buyers of its foreign assets following last-month sanctions from the UK and the United States."The specific deal will be announced after the final agreements have...Reuters
Fri, Nov 14
Meatpacker JBS sees US cattle shortage lasting through 2026
SAO PAULO, Nov 14 (Reuters) - Executives at JBS JBS.N, the world's largest meatpacker, said U.S. beef margins will likely be tighter in the fourth quarter compared with the previous one due to a persistent shortage of cattle in the U.S., where it derives most of its revenue.Speaking with analyst...Reuters
Fri, Nov 14
EXCLUSIVE-A new rare earth crisis is brewing as yttrium shortages spread
China's export controls on rare earth yttrium throttling supplyInternational prices have rocketed, stocks running low for someShortages pose risks for aerospace, energy, chipmaking By Lewis Jackson, Allison Lampert, Fanny Potkin and Ernest Scheyder BEIJING/MONTREAL/SINGAPORE/HOUSTON, Nov 14 (...Reuters
Fri, Nov 14
JP Morgan says Global Oil Demand Growth Below Its Expectations
Nov 14 (Reuters) - JP MORGAN:SAYS YEAR-TO-DATE THROUGH NOVEMBER 12, GLOBAL OIL DEMAND GROWTH IS TRACKING AN EXPANSION OF 0.85 MBD, 50 KBD BELOW THEIR ESTIMATE OF 0.90 MBDSAYS GLOBAL OIL DEMAND SHOWED MODEST IMPROVEMENT DURING THE PERIOD FROM NOVEMBER 5 THROUGH 12, BUOYED BY A REBOUND IN US GASOLINE ...Reuters
Fri, Nov 14
Union Pacific, Norfolk shareholders approve $85 billion merger
Nov 14 (Reuters) - Union Pacific UNP.N and Norfolk Southern NSC.N shareholders approved a deal to merge both railroad operators, the companies said on Friday.Over 99% of shareholders at both Union Pacific and Norfolk voted in favor of the $85 billion deal. The deal, which has drawn a positive re...Reuters
Fri, Nov 14
CBOT Trends-Wheat up 5-7 cents, corn steady-up 1, soy up 1-5
CHICAGO, Nov 14 (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. CST (1430 GMT) on Friday.NOTE: The U.S. Department of Agriculture is due to release its November crop supply and demand report on Friday at 11:00...Reuters
Fri, Nov 14
EXCLUSIVE-Saudi Aramco to sign US LNG agreements during crown prince's visit to Washington, sources say
By Marwa Rashad, Shadia Nasralla, Emily Chow and Curtis Williams LONDON, Nov 14 (Reuters) - Saudi Aramco 2222.SE is set to sign two U.S. liquefied natural gas supply deals with Woodside Energy WDS.AX and Commonwealth LNG when Saudi Arabia's Crown Prince Mohammed bin Salman visits Washington n...Reuters
Fri, Nov 14
PRECIOUS-Gold slips over 3% as hawkish Fed comments spark market sell-off
Gold up 1.4% so far this weekSilver, platinum, palladium down over 3%Traders see a 53% chance of US interest rate cut in DecemberBy Noel John and Pablo Sinha Nov 14 (Reuters) - Gold prices dropped more than 3% on Friday on a broader market sell-off, sparked by hawkish remarks from U.S. Federal R...Reuters
Fri, Nov 14
US trade chief says Trump now ready to issue tariff exemptions on some food products
WASHINGTON, Nov 14 (Reuters) - U.S. Trade Representative Jamieson Greer said on Friday that the President Donald Trump was ready to follow through with pledges to grant tariff exemptions on some food and other products that are not produced in the U.S.Greer told CNBC in a live interview that there w...Reuters
Fri, Nov 14
US reaches trade deal with Switzerland, USTR says
WASHINGTON, Nov 14 (Reuters) - The Trump administration has reached a trade deal with Switzerland and will provide details on the White House website later on Friday, U.S. Trade Representative Jamieson Greer told CNBC in an interview. Under the agreement, Switzerland will send a lot of manufacturing...Reuters
Fri, Nov 14
Swedish EV maker Polestar announces one-for-thirty reverse stock split to maintain Nasdaq listing
Nov 14 (Reuters) - Sweden's Polestar PSNY.O on Friday said it would conduct a one-for-thirty reverse stock split of its American Depository Shares as the electric vehicle maker seeks to avoid a Nasdaq delisting.The reverse split, which consolidates multiple shares into fewer, will not change the...Reuters
Fri, Nov 14
US Treasury, Taiwan reaffirm pledges against currency manipulation
By David Lawder and Ben Blanchard WASHINGTON/TAIPEI, Nov 14 (Reuters) - The U.S. Treasury and Taiwan's central bank on Friday said they agreed to continue close consultations on macroeconomic and foreign exchange rate matters and both pledged to avoid manipulating the value of their currencie...Reuters
Fri, Nov 14
US natgas slips over 2% on profit taking ahead of storage report
Nov 14 (Reuters) - U.S. natural gas futures fell more than 2% on Friday as traders took profits after prices rose to an eight-month high in the previous session, while the market awaits a federal weekly storage report due later in the day.Front-month gas futures for December delivery NGc1 on the New...Reuters
Fri, Nov 14
Hungary's Russian oil sanctions waiver includes Slovakia, minister says
BRATISLAVA, Nov 14 (Reuters) - A waiver from U.S. sanctions on Russian oil companies that allows Hungary to continue importing Russian oil applies to supplies to Slovakia as well and lasts for one year, Slovak Economy Minister Denisa Sakova said on Friday.Slovakia's Slovnaft refinery is owned by...Reuters
Fri, Nov 14
