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Albemarle Says Overall Demand For Lithium Remains Robust, Up 30% Year To Date
Nov 6 (Reuters) - Albemarle Corp ALB.N:ALBEMARLE CEO KENT MASTERS: OVERALL DEMAND FOR LITHIUM REMAINS ROBUST, UP 30% YEAR TO DATEALBEMARLE EXPECTS AVERAGE LITHIUM PRICES OF $9.50/KG THIS YEARALBEMARLE: 45% OF 2025 LITHIUM SALT SALES VOLUMES EXPECTED TO BE SOLD ON LONG-TERM AGREEMENTS WITH PRICE FLOO...Reuters
Thu, Nov 6
EXCLUSIVE-US sorghum shipment heads to China after Trump-Xi meeting, grains council chairman says
By Casey Hall SHANGHAI, Nov 6 (Reuters) - A shipment of sorghum has been sent from the United States to China over the last week, Mark Wilson, chairman of the U.S. Grains and BioProducts Council, said on Thursday, the first known cargo following the recent meeting between the two countries' l...Reuters
Thu, Nov 6
Russia's Volgograd oil refinery halts operations after Ukrainian drone attack, sources say
LONDON, Nov 6 (Reuters) - Russian oil major Lukoil's LKOH.MM Volgograd refinery has halted operations after it was struck by Ukrainian drones, three sources familiar with the matter said on Thursday. Ukraine has for several months been striking Russian oil refineries, depots and pipelines, while...Reuters
Thu, Nov 6
Germany's Merz expresses support for EU plan to protect steel industry
BERLIN, Nov 6 (Reuters) - German Chancellor Friedrich Merz has signalled support for an EU plan to protect the bloc's steel sector after a summit in Berlin to thrash out proposals for supporting the domestic steel industry."There are proposals at the European level, and we agree that we want...Reuters
Thu, Nov 6
Russia's Volgograd oil refinery halts operations after Ukrainian drone attack, sources say
LONDON, Nov 6 (Reuters) - Russian oil major Lukoil's LKOH.MM Volgograd refinery has halted operations after it was struck by Ukrainian drones, three sources familiar with the matter said on Thursday. They said that the primary processing unit, CDU-5, with a daily capacity of 9,100 metric tons...Reuters
Thu, Nov 6
Vistra forecasts higher 2026 core earnings on rising US power demand
Nov 6 (Reuters) - Vistra Corp VST.N on Thursday forecast 2026 adjusted core profit higher than its outlook for the current year, signaling confidence in its growing power generation portfolio and strong demand across U.S. markets.The Texas-based electricity producer expects 2026 adjusted EBITDA betw...Reuters
Thu, Nov 6
Utility Evergy misses quarterly profit estimates, narrows 2025 forecast due to cooler summers
Nov 6 (Reuters) - Utility Evergy EVRG.O on Thursday missed the Wall Street adjusted profit estimates for the third quarter and trimmed the upper end of its 2025 adjusted earnings forecast due to the impact of milder summer weather and higher interest expenses.A cooler-than-normal summer prompted con...Reuters
Thu, Nov 6
GRAINS-Soybeans and wheat ease 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 Gus Trompiz and Naveen Thukral LONDON/SINGAPORE Nov 6 (Reuters) - Chicago soybean and wheat futures fell on Thursday, retreating from multi-month h...Reuters
Thu, Nov 6
KCC Estimates Privately Insured Loss From Hurricane Melissa Will Be $2.4 Billion
Nov 6 (Reuters) - Karen Clark & Company (KCC): KCC ESTIMATES PRIVATELY INSURED LOSS FROM HURRICANE MELISSA WILL BE $2.4 BILLIONKCC SAYS ESTIMATE INCLUDES THE PRIVATELY INSURED DAMAGE TO RESIDENTIAL, COMMERCIAL, AND INDUSTRIAL PROPERTIES IN JAMAICA AND CUBAReuters
Thu, Nov 6
RPT-ROI-Funds amass record bull bets on aluminium as market narrative turns: Andy Home
By Andy Home LONDON, Nov 6 (Reuters) - Fund money has surged into the London Metal Exchange (LME) aluminium contract over the past couple of months as investors bet that the market's days of chronic oversupply are coming to an end. Investors have built up record long positions, fuelling a six...Reuters
Thu, Nov 6
Cannabis company TerrAscend Q3 revenue misses estimates
OverviewTerrAscend Q3 revenue of $65.1 mln missed analyst expectationsCompany reports Q3 net loss from continuing operations of $9.9 mlnCompleted $79 mln refinancing and had said it plans to exit Michigan market by year-endOutlookCompany evaluating strategic M&A opportunities with a disciplined ...Reuters
Thu, Nov 6
Vistra Q3 revenue misses estimates, narrows FY forecast
OverviewVistra Q3 revenue missed analyst expectations, adjusted EBITDA exceeded estimatesVistra narrowed 2025 guidance and initiated 2026 guidance, reflecting strategic adjustmentsCompany announced $1.0 bln share repurchase authorization and acquisition of gas plantsOutlookVistra narrows 2025 EBITDA...Reuters
Thu, Nov 6
PRECIOUS-Gold reclaims $4,000/oz level as dollar slips, US shutdown woes persist
US dollar slips from four-month peakUS Supreme Court raises doubts over legality of Trump's tariffsSilver up more than 1%By Brijesh Patel Nov 6 (Reuters) - Gold rose above the key $4,000 per ounce level on Thursday, supported by a retreat in the dollar, while a prolonged U.S. government shutd...Reuters
Thu, Nov 6
Solvay open to building rare earths plant in US, where support is stronger
By Eric Onstad LONDON, Nov 6 (Reuters) - Chemicals group Solvay SOLB.BR would be interested in building a rare earths processing plant in the United States, where financial support is stronger than in Europe, its CEO said on Thursday.Solvay, one of a few companies outside of China capable of the ...Reuters
Thu, Nov 6
Gold reclaims $4,000 as US Dollar retreats; focus turns to Fed speakers
Gold (XAU/USD) edges higher on Thursday, reclaiming the key $4,000 psychological mark as the US Dollar (USD) softens. At the time of writing, XAU/USD is trading around $4,016, extending gains for the second consecutive day, up nearly 0.80%.Fxstreet
Thu, Nov 6
Under Armour Q2 revenue beats; expects FY 2026 revenue to decrease 4% to 5%
OverviewUnder Armour fiscal Q2 revenue beats analyst expectations despite a 5% declineAdjusted EPS for fiscal Q2 beats analyst expectationsCompany repurchased $25 mln of Class C common stock, retiring 5.2 mln sharesOutlookUnder Armour expects fiscal 2026 revenue to decrease 4% to 5%Gross margin expe...Reuters
Thu, Nov 6
ConocoPhillips beats quarterly profit estimates on higher production
Nov 6 (Reuters) - ConocoPhillips COP.N beat Wall Street estimates for third-quarter profit on Thursday, as higher oil and gas production and cost-cutting efforts helped offset lower commodity prices.The largest U.S. independent oil and gas producer posted an adjusted profit of $1.61 per share for th...Reuters
Thu, Nov 6
RPT-BREAKINGVIEWS-Paris accord will defeat fossil fuels – eventually
By Antony Currie MELBOURNE, Nov 6 (Reuters Breakingviews) - The transition to green energy is messy, contradictory and too slow. It's roughly a decade since 195 countries struck the Paris Agreement at the United Nations’s 21st Conference of the Parties (COP) in France, pledging to hold the av...Reuters
Thu, Nov 6
PRESS DIGEST-Canada - November 6
Nov 6 (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 MAILNutrien Ltd NTR.TO has announced that it is putting its phosphate business up for strategic review in a bid to enhance...Reuters
Thu, Nov 6
