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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
Exxon enters Greece with gas deal that expands US footprint in eastern Med
Exxon, Chevron increasing presence in eastern MediterraneanDeal lauded by US delegation in GreeceDeal comes as Europe tries to wean itself off Russian gasBy Edward McAllister and Lefteris Papadimas ATHENS, Nov 6 (Reuters) - Exxon Mobil XOM.N has signed a deal to explore for natural gas offshore G...Reuters
Thu, Nov 6
Russia's Orenburg plant cranks up gas intake from Kazakhstan, sources say
MOSCOW, Nov 6 (Reuters) - Russia's Orenburg gas processing plant has increased gas intake from the Karachaganak field in Kazakhstan since the start of November in a gradual recovery since it was hit by a drone attack last month, two industry sources said on Thursday.The strike on the Orenburg pl...Reuters
Thu, Nov 6
TC Energy misses third-quarter profit estimates
Nov 6 (Reuters) - Canadian pipeline operator TC Energy TRP.TO missed estimates for third-quarter profit on Thursday, hurt by weakness in its U.S. operations and in the power and energy solutions business.On an adjusted basis, the Calgary-based company earned 77 Canadian cents per share for the three...Reuters
Thu, Nov 6
Engie earnings hit by lower gas prices, renewables drop
Engie third-quarter EBIT excluding nuclear falls 18%Gas earnings 12.8% lower, renewables fall 6.9%US power market uncertain due to tariffs, permits -CEOBy America Hernandez PARIS, Nov 6 (Reuters) - Engie ENGIE.PA on Thursday reported an 18% tumble in its third-quarter earnings, missing forecasts,...Reuters
Thu, Nov 6
EXCLUSIVE-Google deal for Amazon reforestation makes Brazilian startup its top carbon credit supplier
Google to buy 200,000 tons of carbon offsets from MombakRigorous reforestation projects fetch 10 times price of REDD credits Mombak gets nod from carbon removal group founded by tech companiesBy Brad Haynes BELEM, Brazil, Nov 6 (Reuters) - Google has struck its biggest carbon removal deal, agreei...Reuters
Thu, Nov 6
Hikma delays new US factory, cuts profit forecasts
Hikma lowers medium-term profit forecast due to injectables margin pressuresCo delays launch of new U.S. injectables facilityCEO Mishlawi to temporarily lead injectables unit after Larkins steps downShares drop 11% after profit forecast cutBy Unnamalai L Nov 6 (Reuters) - Hikma Pharmaceuticals cu...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 Silver 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 shutdown raised worries over the economic outlook. ...Reuters
Thu, Nov 6
ANALYSIS-US LNG producers ink near record contract volumes, even as fees climb
LNG sales agreements rose sharply in first 10 months of 2025Buyers avoiding Russian gas willing to pay higher fees to US producersSome fear LNG glut, others say gas needed to power data center growthBy Curtis Williams HOUSTON, Nov 6 (Reuters) - U.S. liquefied natural gas developers are on track t...Reuters
Thu, Nov 6
Trump to meet Central Asian presidents as US seeks to counter China, Russia influence
By Jarrett RenshawNov 6 (Reuters) - U.S. President Donald Trump will host the leaders of five Central Asian nations at the White House on Thursday as the U.S. seeks to gain influence in a region long dominated by Russia and increasingly courted by China.The talks take place amid intensifying competi...Reuters
Thu, Nov 6
Malaysia's used cooking oil exports to face pressure in 2026 on domestic SAF production
Volumes to face 'immediate and moderate pressure'Used cooking oil exports reached 465,257 tons in 2024Singapore is largest importer followed by US, EUDomestic players to secure feedstock for EcoCeres SAF plant By Ashley Tang KUALA LUMPUR, Nov 6 (Reuters) - Malaysia's used cooking oil ...Reuters
Thu, Nov 6
CORRECTED-Singapore fuel oil stockpiles dip slightly but remain elevated
SINGAPORE, Nov 6 (Reuters) - Onshore fuel oil stockpiles in major oil storage hub Singapore fell about 1% from the previous week, though still elevated above average, data showed on Thursday.Inventories for residual fuels STKRS-SIN were at 24.48 million barrels (about 3.86 million metric tons) in th...Reuters
Thu, Nov 6
Canadian Natural Resources posts fall in third-quarter profit
Nov 6 (Reuters) - Canadian Natural Resources CNQ.TO posted a fall in third-quarter profit on Thursday, weighed down by weaker commodity prices.The Calgary, Alberta-based company's net income fell to C$600 million ($427.84 million) for the three months ended September 30, from C$2.27 billion a ye...Reuters
Thu, Nov 6
EXCLUSIVE-Google deal for Amazon reforestation makes Brazilian startup its top carbon credit supplier
Google to buy 200,000 tons of carbon offsets from MombakRigorous reforestation projects fetch 10 times price of REDD credits Mombak gets nod from carbon removal group founded by tech companiesBy Brad Haynes BELEM, Brazil, Nov 6 (Reuters) - Google has struck its biggest carbon removal deal, agreei...Reuters
Thu, Nov 6
