News
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FAA draft order says flight reductions to start 6 am ET on Friday
WASHINGTON, Nov 6 (Reuters) - The U.S. Federal Aviation Administration will order airlines to restrict flight operations at 40 high traffic airports starting at 6 a.m. ET (1100 GMT) on Friday, according to a draft order seen by Reuters.Reuters
Thu, Nov 6
GRAINS-Soybeans, wheat plummet from highs on limited Chinese demand
Soybeans off 16-month peakWheat falls from near 4-month highMarket awaits China buying of US soyCorn also lowerBy Renee Hickman CHICAGO, Nov 6 (Reuters) - Chicago soybean and wheat futures took a nosedive on Thursday, retreating from multi-month highs, as signs of only limited Chinese purchases f...Reuters
Thu, Nov 6
U.S. shale producer EOG Resources beats third-quarter profit estimates
Nov 6 (Reuters) - EOG Resources EOG.N beat analysts' estimates for third-quarter profit on Thursday, as a rise in output helped the U.S. oil and gas producer offset a drop in crude prices. The Houston-based company posted an adjusted profit of $2.71 per share for the quarter ended September 30, ...Reuters
Thu, Nov 6
Cove Capital to mine Kazakhstan tungsten in Trump-announced deal
Cove Capital to control 70% of joint venture with Tau-Ken SamrukUS Export-Import Bank to fund $900 million of $1.1 billion projectDeal aims to prioritize US government and commercial tungsten needs WASHINGTON, Nov 6 (Reuters) - Mining investment firm Cove Capital will develop a large tungsten dep...Reuters
Thu, Nov 6
MP Materials quarterly loss widens after stopping sales to Chinese customers
Nov 6 (Reuters) - Rare earths company MP Materials MP.N said on Thursday its third-quarter loss widened as it stopped sales to Chinese customers as part of an agreement to receive U.S. government financial backing.The Las Vegas-based company posted a quarterly loss of $41.8 million, or 24 cents per ...Reuters
Thu, Nov 6
Trump administration must fully fund food aid benefits by Friday, US judge rules
Nov 6 (Reuters) - A federal judge on Thursday ordered U.S. President Donald Trump's administration to fully fund food aid for 42 million low-income Americans in November by Friday, blocking its plan to only provide reduced benefits during the government shutdown.Reuters
Thu, Nov 6
Dutch official says he trusts Nexperia chips will reach world in coming days
AMSTERDAM, Nov 6 (Reuters) - The Netherlands' economy minister, Vincent Karremans, said in a statement on Thursday that he trusts computer chips made by Dutch chipmaker Nexperia will reach customers in the coming days.A shortage of the company's chips following a dispute with China over owne...Reuters
Thu, Nov 6
US Cash Grains-Farmer sales pressure soy basis bids at river terminals
CHICAGO, Nov 6 (Reuters) - Basis bids for U.S. soybeans remained under pressure at river terminals in the Midwest on Thursday after farmers increased sales this week, brokers said.Recent gains in prices encouraged some farmers to sell soy and corn for spot delivery and forward delivery, a broker sai...Reuters
Thu, Nov 6
ICE canola futures fall on vegoils weakness, no news
WINNIPEG, MANITOBA, Nov 6 (Reuters) - ICE canola futures fell on Thursday as a failure of China to buy significant U.S. soybeans sucked optimism out of the crop markets.January RSF6 futures settled $6.70 lower at $633.70.Volume rebounded on Thursday after a few days of declines. Traders said the can...Reuters
Thu, Nov 6
United, Delta begin cancelling flights under FAA directive
By David ShepardsonNov 6 (Reuters) - United Airlines UAL.O and Delta Air Lines both started cancelling Friday flights after the Federal Aviation Administration directed reductions at 40 high-traffic U.S. airports to address air traffic control safety concerns, the carriers said Thursday. United sa...Reuters
Thu, Nov 6
New York attorney general says she's asking a court to require USDA to release complete SNAP benefits
WASHINGTON, Nov 6 (Reuters) - New York Attorney General Letitia James said on Thursday that she was asking a court to require the U.S. Department of Agriculture to release complete Supplemental Nutrition Assistance Program (SNAP) benefits for November.President Donald Trump's administration said...Reuters
Thu, Nov 6
US Cash Crude-Mars Sour slides to 11-month low on weak domestic demand
Nov 6 (Reuters) - U.S. crudes fell on Thursday, dealers said, with Mars Sour, a grade favored by domestic refiners, slipped to its weakest point since October 2024. Mars, a medium sour crude produced off the coast of Louisiana is preferred by refineries along the Gulf Coast because of its properties...Reuters
Thu, Nov 6
CBOT wheat higher as market awaits Chinese buying interest
CHICAGO, Nov 6 (Reuters) - Chicago Board of Trade wheat futures tumbled on Thursday on signs of only limited Chinese purchases from the United States following a bilateral trade truce. China has booked two cargoes of U.S. wheat following last week's meeting between the countries’ leaders, trader...Reuters
Thu, Nov 6
Forestry giant Copec's profit falls more than 50% in Q3
Nov 6 (Reuters) - Chilean industrial conglomerate Empresas Copec COPEC.SN on Thursday reported a 51% drop in third-quarter profit, hit by weaker results in its forestry division due to lower pulp prices and the sale of assets in Brazil.Net profit landed at $198 million, down from the $404 million po...Reuters
Thu, Nov 6
US natgas futures climb 3% to 7-month high on near-record LNG export flows
Near-record LNG export flows boost demand for US gasEIA reports smaller-than-usual storage build for last weekWaha Hub prices remain negative due to pipeline constraintsBy Scott DiSavino Nov 6 (Reuters) - U.S. natural gas futures climbed about 3% to a seven-month high on Thursday as near-reco...Reuters
Thu, Nov 6
Oil falls as investors weigh potential supply glut, weak demand
Global oil demand falls short of JPMorgan projectionsLow US refinery run rates show weak crude demand Saudi Arabia cuts December crude prices for AsiaInvestors weigh impact of Russia sanctions By Georgina McCartney HOUSTON, Nov 6 (Reuters) - Oil prices declined on Thursday as investors considered...Reuters
Thu, Nov 6
CBOT corn ends lower on supply pressure and China demand concerns
CHICAGO, Nov 6 (Reuters) - Chicago Board of Trade corn futures ended down on Thursday as ample supplies weighed on futures and farm product purchases by China remained limited. CBOT December corn CZ25 fell 6-1/2 cents to end at $4.28-3/4 per bushel.Grains and oilseeds fell as only limited Chinese pu...Reuters
Thu, Nov 6
CBOT soybeans nosedive as China makes limited purchases
CHICAGO, Nov 6 (Reuters) - Chicago Board of Trade soybean futures plummeted from Wednesday's highs on Thursday, as signs of only modest Chinese purchases from the United States tempered optimism about fresh demand following a bilateral trade truce. China has begun limited purchases of U.S. farm...Reuters
Thu, Nov 6
US Plains HRW Wheat-Wheat basis flat, traders report US sales to China
CHICAGO, Nov 6 (Reuters) - Basis bids for hard red winter wheat stayed unchanged on Thursday at elevators in the southern U.S. Plains, traders said, after market sources reported Chinese demand for other U.S. wheat varieties.China booked two cargoes of U.S. wheat following last week's meeting be...Reuters
Thu, Nov 6
GRAINS-Soybeans, wheat plummet from highs on limited Chinese demand
Soybeans off 16-month peak, wheat falls from near 4-month highMarket awaits China buying of US soy, assesses talk of wheat purchasesCorn also lowerBy Renee Hickman CHICAGO, Nov 6 (Reuters) - Chicago soybean and wheat futures took a nosedive on Thursday, retreating from multi-month highs as signs ...Reuters
Thu, Nov 6
