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FAA issues order prohibiting MD-11 flights pending inspection after fiery UPS jet crash
MONTREAL, Nov 8 (Reuters) - The Federal Aviation Administration has issued an order prohibiting the flight of MD-11 planes, pending inspection, following a fiery crash earlier this week of a UPS UPS.N MD-11 cargo freighter in Louisville, Kentucky. UPS and FedEx FDX.N said on Friday they have gro...Reuters
Sat, Nov 8
Hungary's waiver from US sanctions on Russia energy is indefinite, minister says
BUDAPEST, Nov 8 (Reuters) - Hungary said on Saturday it had obtained an indefinite waiver from U.S. sanctions to use Russian oil and gas, but a White House official reaffirmed that the exemption was for one year only.Last month, U.S. President Donald Trump imposed Ukraine-related sanctions on Russia...Reuters
Sat, Nov 8
Hungary's waiver from US sanctions on Russia energy is indefinite, minister says
BUDAPEST, Nov 8 (Reuters) - Hungary said on Saturday it had obtained an indefinite waiver from U.S. sanctions for using Russian oil and gas, contradicting a White House official who said it had been granted a one-year exemption.Last month, U.S. President Donald Trump imposed Ukraine-related sanction...Reuters
Sat, Nov 8
Germany to re-examine 'security-relevant' China trade policies
By Christian Kraemer BERLIN, Nov 8 (Reuters) - Germany's coalition government plans to re-examine its trade policies towards China including on energy, raw material imports and Chinese investment in critical German infrastructure and will set up a committee of experts to report to parliament....Reuters
Sat, Nov 8
EU trade commissioner welcomes China's Nexperia chip export exemptions
Nov 8 (Reuters) - European Union Trade Commissioner Maros Sefcovic said on Saturday that he welcomed China's decision to grant exemptions to any exporter from licensing requirements for Nexperia chips intended for civilian use. He added that close diplomatic engagement with both the Chinese and ...Reuters
Sat, Nov 8
US Supreme Court lets Trump withhold $4 billion in food aid funding for now
Trump administration had asked Supreme Court to allow it to withhold court-ordered money for SNAP benefitsAppeals court had declined to set aside Rhode Island judge's order requiring full fundingGroup says not funding food stamps would harm 1 in 8 AmericansBy Nate Raymond, John Kruzel and Leah D...Reuters
Sat, Nov 8
US Supreme Court pauses judge's order requiring Trump to fully fund food aid
Trump administration asks Supreme Court to allow it to withhold court-ordered money for SNAP benefitsAppeals court had declined to set aside Rhode Island judge's order requiring full fundingGroup says not funding food stamps would harm 1 in 8 AmericansBy Nate Raymond, John Kruzel and Leah Dougla...Reuters
Sat, Nov 8
US Justice Department probes meatpackers, attorney general says
Trump accuses meatpackers of price manipulation and collusionDOJ probes meatpackers, focusing on anticompetitive conductConsumers worry about affordability By Jody Godoy and Tom Polansek WASHINGTON/CHICAGO, Nov 7 (Reuters) - President Donald Trump on Friday accused meatpacking companies of drivin...Reuters
Sat, Nov 8
Qcells furloughs 1,000 workers at US solar factories due to stalled shipments
Nov 7 (Reuters) - Qcells, the U.S. solar manufacturing arm of Korea's Hanwha 000880.KS, said it would furlough 1,000 workers at its Georgia factories because shipments of components it needs from overseas are being routinely stalled by U.S. customs officials.The announcement comes months after t...Reuters
Sat, Nov 8
US grants Hungary exemption on Russia sanctions after warm Trump-Orban meeting
Orban warns of consequences to Hungarian people, economy without Russian oilTrump says US is looking at the issueIMF figures show Hungary relied on Russia for 74% of its gas and 86% of its oil in 2024By Jeff Mason and Nandita Bose WASHINGTON, Nov 7 (Reuters) - The United States has granted Hungar...Reuters
Sat, Nov 8
Argentina's YPF swings to Q3 net loss on tax expenses
BUENOS AIRES, Nov 7 (Reuters) - Argentine state-controlled energy company YPF YPFDm.BA swung to a net loss of $198 million in the third quarter, the company said on Friday, saying the loss reflected a deferred tax charge. The company's adjusted earnings before interest, tax, depreciation and am...Reuters
Fri, Nov 7
LIVESTOCK-Cattle bounce back after days of falls
CHICAGO, Nov 7 (Reuters) - Live cattle and feeder cattle futures on the Chicago Mercantile Exchange rebounded on Friday after three straight sessions of dips, but expectations of weakening beef demand continue to hang over the market. CME December live cattle futures LCZ25 settled up 2.575 cents at ...Reuters
Fri, Nov 7
CIF/FOB Gulf Grain-Soybean barge bids steady-firm, corn flat-weaker
CHICAGO, Nov 7 (Reuters) - Basis bids for soybeans shipped by barge to the U.S. Gulf Coast were mostly steady to slightly firmer in nearby loading positions on Friday, while corn bids were mostly flat to lower, traders said.Barge basis bids for both commodities had dropped sharply earlier in the wee...Reuters
Fri, Nov 7
CANADA-CRUDE-Discount on Western Canada Select widens
Nov 7 (Reuters) - The discount on Western Canada Select to North American benchmark West Texas Intermediate futures CLc1 widened on Friday.WCS for December delivery in Hardisty, Alberta, settled at $11.65 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, compared to Thursday'...Reuters
Fri, Nov 7
Canada's Taiga Building Products' Q3 sales rise on higher lumber prices
Nov 7 (Reuters) - OverviewTaiga Q3 sales rose 2% yr/yr to C$431.3 mln, driven by higher lumber pricesNet earnings for Q3 fell to C$12.8 mln due to higher expenses and interest costsEBITDA for Q3 was C$21.8 mln, slightly up from last yearOutlookCompany did not provide specific guidance for future qua...Reuters
Fri, Nov 7
Crude recovers late in session on hopes over US-Hungary meeting
US crude stocks rose more than expected last weekPrivate reports suggest US labor market weakened in OctoberGunvor withdraws proposal to buy Lukoil's overseas assetsBy Erwin Seba HOUSTON, Nov 7 (Reuters) - Crude prices recovered from a midday dip on Friday on hopes Hungary can use Russian...Reuters
Fri, Nov 7
Trump says he asked DOJ to investigate meat packing companies for driving up beef prices
WASHINGTON, Nov 7 (Reuters) - U.S. President Donald Trump said on Friday that he has asked the Justice Department to investigate meat packing companies that he says are driving up the price of beef."I have asked the DOJ to immediately begin an investigation into the Meat Packing Companies who ar...Reuters
Fri, Nov 7
GRAINS-Soybeans bounce as Chinese demand assessed, wheat drops
Soybeans firm after Thursday's sharp fallUncertainty surrounds Chinese buying from USWheat falls, corn little changedBy Renee Hickman CHICAGO, Nov 7 (Reuters) - Chicago soybean prices firmed on Friday in a bargain-buying bounce after a sharp fall on Thursday, as traders assessed prospects for...Reuters
Fri, Nov 7
PRECIOUS-Gold gains as dollar softens, US shutdown jitters persist
US private jobs data indicates weak labour marketTraders see 66% chance of US interest rate cut in DecemberChina starts work on easing rare earth export rules By Pablo Sinha and Noel John Nov 7 (Reuters) - Gold prices rose on Friday as the dollar softened and uncertainty around the U.S. governme...Reuters
Fri, Nov 7
