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IMF to start mission to Ukraine soon, stresses need for anti-corruption efforts
IMF says anti-corruption reforms central requirement for donorsUkraine needs 'robust' anti-corruption architecture, IMF saysUkraine, IMF in talks about a new four-year lending programBy Andrea Shalal and David Lawder WASHINGTON, Nov 13 (Reuters) - The International Monetary Fund will soon...Reuters
Thu, Nov 13
KGHM's profit rises on Sierra Gorda strength, higher prices
GDANSK, Nov 13 (Reuters) - Polish state-run copper producer KGHM KGH.WA on Thursday reported an 80% year-on-year rise in third-quarter net profit, driven by the strong performance of its Chilean Sierra Gorda mine and higher precious metal prices. WHY IT'S IMPORTANTKGHM is one of the world&#...Reuters
Thu, Nov 13
Citgo raises profit to $167 million, liquidity up to $2.75 billion
Company's refining capacity will rise to 829,000 bpd in Q4Citgo will use a portion of its liquidity to complete redemption of $650 million in outstanding notesBy Marianna Parraga HOUSTON, Nov 13 (Reuters) - Citgo Petroleum's profit rose to $167 million in the third quarter from $100 milli...Reuters
Thu, Nov 13
PRECIOUS-Gold hits 3-week high on hopes US data will boost Fed rate-cut bets
Silver nears all-time peak hit on October 17Trump signs deal to end US government shutdownReuters poll shows 80% of economists expect Fed rate cut in DecemberBy Anmol Choubey and Pablo Sinha Nov 13 (Reuters) - Gold prices climbed to more than a three-week high on Thursday, supported by expectati...Reuters
Thu, Nov 13
IMF says Jamaica has buffers to finance immediate disaster-related needs
WASHINGTON, Nov 13 (Reuters) - The International Monetary Fund on Thursday said it was closely monitoring developments in Jamaica and Haiti following the devastation caused by Hurricane Melissa, adding that Jamaica had buffers to finance immediate disaster-related needs.IMF spokeswoman Julie Kozack ...Reuters
Thu, Nov 13
Reuters Gulf Currents Newsletter – Aid Pivot: Lebanon Out, Syria In
By Andrew MillsDeputy Bureau Chief, Gulf I’m writing from Beirut this week, where fears of renewed conflict grow as Israel steps up strikes despite last year’s ceasefire — and where hopes for Gulf aid to rebuild after last year’s war have all but vanished. Our analysis explains why Saudi Arabia ...Reuters
Thu, Nov 13
IMF to start mission to Ukraine soon, stresses need for anti-corruption efforts
WASHINGTON, Nov 13 (Reuters) - The International Monetary Fund will start a staff mission to Ukraine soon to discuss its financing needs and a potential new lending program, spokesperson Julie Kozack said on Thursday, underscoring the need for continued anti-corruption efforts in the war-torn countr...Reuters
Thu, Nov 13
ARA gasoline stocks fall over 7%, Insights Global data shows
LONDON, Nov 13 (Reuters) - Gasoline stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell by 7.4% on the week, data from Dutch consultancy Insights Global showed on Thursday.Gasoline stocks fell to 980,000 metric tons on higher exports, particularly to the ...Reuters
Thu, Nov 13
South Sudan confirms it has sought $2.5 billion in oil-backed loans
South Sudan petroleum ministry confirms oil-backed loan requestsIMF concerned by South Sudan's use of oil-backed loans$2.5 billion requested is larger than country's annual budgetMinistry says funds 'not for personal or individual benefit' NAIROBI, Nov 13 (Reuters) - South Sudan&#...Reuters
Thu, Nov 13
PRESS DIGEST-Canada - Nov 13
Nov 13 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAILTwo major Canadian pension funds, Caisse de depot et placement du Quebec and the Canada Pension Plan Investment Board...Reuters
Thu, Nov 13
Blackstone to invest $1.2 billion in power generation facility in West Virginia
Nov 13 (Reuters) - Blackstone BX.N said on Thursday its unit would invest about $1.2 billion to build a power plant in West Virginia, as the asset manager steps up efforts to meet surging electricity demand from artificial intelligence and industrial growth.Utilities and large investors have scaled ...Reuters
Thu, Nov 13
Petronas' Sloanea gas discovery in Suriname declared commercial
Nov 13 (Reuters) - Suriname's Staatsolie has approved the commercial declaration of the Sloanea gas discovery by Malaysia's Petronas PETRA.UL at one of the country's most promising offshore areas, Block 52, the state-run company said on Thursday.The declaration follows a production shari...Reuters
Thu, Nov 13
Canadian miner Taseko's Q3 revenue rises on higher Gibraltar copper production
OverviewTaseko Q3 revenue rose to about C$174 mln, driven by copper and molybdenum salesAdjusted net income for Q3 was C$6 mln, with a net loss of C$28 mlnGibraltar copper production improved due to higher grades and recoveriesOutlookTaseko expects copper production of 100 to 105 mln pounds in 2025C...Reuters
Thu, Nov 13
Silver declines as US shutdown resolution eases safe-haven demand
Silver (XAG/USD) declines on Thursday, ending a four-day winning streak. The grey metal trades around $53.00 at the time of writing, down 0.35% on the day, after marking an intraday high at $54.39, just shy of the all-time high at $54.86.
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Thu, Nov 13
USDA searched for terms like 'diversity,' 'climate modeling' to target grants for cancellation
USDA canceled 600 grants worth $3 billion to comply with Trump's DEI directivesTerms like 'diversity' and 'carbon pricing' targeted for reviewGrant cancellations affected climate-friendly farming and local food programsBy Leah Douglas WASHINGTON, Nov 13 (Reuters) - The U.S. De...Reuters
Thu, Nov 13
US CPC sees 61% chance of La Nina transition by early 2026
Nov 13 (Reuters) - La Nina is expected to persist through the Northern Hemisphere winter, with a 61% chance of a shift to El Nino-Southern Oscillation neutral conditions between January and March 2026, the U.S. Climate Prediction Center said on Thursday. WHY IT'S IMPORTANTLa Nina is part...Reuters
Thu, Nov 13
PRECIOUS-Gold hits 3-week high on hopes US data will boost Fed rate cut bets
Silver nears all-time peak hit on October 17Trump signs deal to end US government shutdown80% economists expect rate cut in December, Reuters poll showsBy Anmol Choubey and Pablo Sinha Nov 13 (Reuters) - Gold prices climbed to an over three-week high on Thursday, supported by expectations that U...Reuters
Thu, Nov 13
