News
Important Only
DuPont beats quarterly estimates, unveils $2 billion buyback plan
DuPont beats Q3 profit and revenue estimatesAnnounces $2 bln share repurchase planSees Q4 adjusted profit and sales below estimatesBy Pooja Menon Nov 6 (Reuters) - Industrial materials maker DuPont DD.N reported a stronger-than-expected third quarter on Thursday, and announced a new $2 billion s...Reuters
Thu, Nov 6
PRECIOUS-Gold ticks higher as US shutdown, tariff uncertainty lift safe-haven demand
US dollar slips from four-month peakUS Supreme Court raises doubts over legality of Trump's tariffsTraders see 67% chance of US interest rate cut in DecemberBy Noel John and Pablo Sinha Nov 6 (Reuters) - Gold prices edged up on Thursday, buoyed by a weaker dollar and a resurgence of safe...Reuters
Thu, Nov 6
ICL could lose Dead Sea concession in 2030 under government tender plan
ICL has held concession for five decadesGoverment seeking 'rightful share' of assetICL to receive around $3 billion if it loses concessionBy Steven ScheerJERUSALEM, Nov 6 (Reuters) - Fertiliser maker ICL Group ICL.TA has given up right of first refusal for its Dead Sea concession under a pla...Reuters
Thu, Nov 6
Canada to cull ostrich herd infected with bird flu after top court declines to hear farm's case
Supreme Court declines to hear ostrich farm's caseCFIA to proceed with culling over 300 ostrichesFarm's struggle gains support from Robert F Kennedy Jr Nov 6 (Reuters) - Canada's government will cull more than 300 ostriches at a farm in British Colombia, where some birds were infected wi...Reuters
Thu, Nov 6
TC Energy misses profit estimates but forecasts growing demand from data centers and LNG
TC Energy sees 5-7% annual earnings growth through 2028CEO cites supportive policy environment for project deliveryBy Amanda Stephenson and Katha Kalia Nov 6 (Reuters) - Canada's TC Energy TRP.TO missed estimates for third-quarter profit on Thursday, but extended its current earnings growth ...Reuters
Thu, Nov 6
Trump expands US critical minerals list to include copper, metallurgical coal
By Jarrett Renshaw and Ernest ScheyderNov 6 (Reuters) - The Trump administration on Thursday unveiled a new list of critical minerals it deems essential to the U.S. economy and national security, adding copper, which is vital to electric vehicles, power grids, and data centers, as well as metallurgi...Reuters
Thu, Nov 6
Russian oil discounts widen as Indian and Chinese refiners cut purchases, sources say
NEW DELHI/MOSCOW, Nov 6 (Reuters) - Russian oil is trading at its steepest discounts to Brent in a year in Asia, as major Indian and Chinese refiners reduce purchases following fresh U.S. sanctions on leading Russian producers, industry sources said.The price gap for Russia's flagship Urals crud...Reuters
Thu, Nov 6
ARA gasoline stocks rise over 10%, Insights Global data shows
LONDON, Nov 6 (Reuters) - Gasoline stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub rose by 10.6% on the week, data from Dutch consultancy Insights Global showed on Thursday.Gasoline stocks rose to 1.06 million metric tons on lower exports, Insight Global&#...Reuters
Thu, Nov 6
Evergy Says Nearing Deals With Two Data Centers Adding 600 Mw By 2029
Nov 6 (Reuters) - Evergy Inc EVRG.O:EVERGY SAYS WOLF CREEK NUCLEAR PLANT NEARING COMPLETION OF REFUELING OUTAGE - CONF CALLEVERGY EXPECTS KANSAS COMMISSION DECISION ON LARGE-LOAD TARIFF TODAY - CONF CALLEVERGY SAYS PANASONIC, META, AND GOOGLE PROJECTS SUPPORTING STEADY LOAD GROWTHEVERGY NEAR DEALS W...Reuters
Thu, Nov 6
Western sanctions force Russians to turn to domestic wines
Russian wine sales surge to 60% of market sharePprices of imported wines up by about 30-40%Western countries have imposed more than 25,000 sanctions on RussiaANAPA, Russia, Nov 7 (Reuters) - Once dominated by French Burgundy and Italian Barolo wines, Russia's supermarket shelves are now stocked ...Reuters
Thu, Nov 6
PRECIOUS-Gold rises as US shutdown, tariff uncertainty lift safe-haven demand
US dollar slips from four-month peakUS Supreme Court raises doubts over legality of Trump's tariffsTraders see 67% chance of US interest rate cut in DecemberBy Noel John and Pablo Sinha Nov 6 (Reuters) - Gold prices rose on Thursday, hovering just shy of $4,000 per ounce, buoyed by a weaker ...Reuters
Thu, Nov 6
US and Kazakhstan sign memo of cooperation on critical minerals
Nov 6 (Reuters) - Representatives of the governments of Kazakhstan and the U.S. signed a memorandum of cooperation in the field of critical minerals at a meeting in Washington on Thursday, the press service of the Central Asian country's president said.Kazakh President Kassym-Jomart Tokayev and ...Reuters
Thu, Nov 6
Chinese firm signs $5.2 billion of agricultural deals with traders including Cargill, LDC
BEIJING, Nov 6 (Reuters) - Chinese supply chain operator and property developer Xiamen C&D 600153.SS said on Thursday it had signed contracts totalling over $5.2 billion with seven agribusinesses and trading houses including Cargill and Louis Dreyfus Company in Shanghai.The contracts signed cove...Reuters
Thu, Nov 6
US Cash Grains-Corn, soy basis bids flat to down at elevators, river terminals
CHICAGO, Nov 6 (Reuters) - Spot basis bids for U.S. corn and soybeans were flat to lower at Midwestern grain elevators and river terminals on Thursday following recent farmer selling, brokers said. Some farmers have made sales to take advantage of recent price rallies so that they can pay bills, a b...Reuters
Thu, Nov 6
Silver extends rally amid US fiscal uncertainty, investment inflows
Silver (XAG/USD) edges higher on Thursday, maintaining its recovery above the $48 mark as the United States (US) government shutdown deepens market uncertainty. At the time of writing, XAG/USD trades around $48.40, gaining 0.60% on the day, following a strong rebound from earlier-week lows.
Fxstreet
Thu, Nov 6
US natgas futures rise 1% ahead of storage report on near-record LNG export flows
Analysts expect smaller-than-usual storage build last weekLNG export flows on track to break October record in NovemberGas output hits record highs, storage levels above averageWaha Hub prices remain in negative territory due to pipeline constraintsMild weather forecast to limit heating demand throu...Reuters
Thu, Nov 6
Albemarle's cost cuts, steady volumes fuel smaller loss amid weak lithium prices
Albemarle shares rise nearly 4% in premarket after earnings reportCompany focuses on efficiency amid oversupplied lithium marketAlbemarle lowers capital spending forecast, expects positive cash flow Nov 5 (Reuters) - Albemarle ALB.N reported a smaller-than-expected loss for the third quarter on W...Reuters
Thu, Nov 6
US formalizes changes in reciprocal tariff rates agreed with China, government posting shows
WASHINGTON, Nov 6 (Reuters) - The United States formalized changes to reciprocal tariff rates with China in a government posting on Thursday a week after President Donald Trump's meeting with Chinese leader Xi Jinping in South Korea.Reuters
Thu, Nov 6
