News
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CBOT Trends-Wheat up 2-3 cents, corn and soybeans up 1-2 cents
CHICAGO, Dec 5 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CST (1430 GMT) on Monday. WHEAT - Up 2 to 3 cents per bushelWheat moved higher on expectations of greater export demand, though ample global s...Reuters
12 hours ago
Exxon, Aramco, Samref to explore major upgrade of Yanbu refinery
Dec 8 (Reuters) - Exxon Mobil XOM.N, Saudi's Aramco 2222.SE and Samref signed an agreement on Monday to evaluate a significant upgrade of the Samref refinery in Yanbu, and an expansion of the facility into an integrated petrochemical complex.Reuters
12 hours ago
EXCLUSIVE-Kazakhstan to supply some Kashagan oil to China directly due to CPC damage, sources say
MOSCOW, Dec 8 (Reuters) - Kazakhstan plans to supply 50,000 metric tons of crude to China directly from the vast Kashagan field in December for the first time after a Ukrainian drone damaged the Black Sea terminal of the Caspian Pipeline Consortium (CPC), two sources told Reuters.The CPC, which acco...Reuters
12 hours ago
Magnum's $9.1 billion ice cream listing leaves some investors cold
Shares open in Amsterdam below reference price Spinoff creates world's largest standalone ice cream businessMagnum CEO says independent company will be more agile, focusedMagnum faces anti-obesity push, troubles with Ben & Jerry's By Alexander Marrow and Dimitri Rhodes LONDON, Dec 8 ...Reuters
12 hours ago
Iraq shuts down Lukoil West Qurna 2 field due to leak, sources say
BASRA, Iraq, Dec 8 (Reuters) - Iraq has shut down the entire oil production at Lukoil's LKOH.MM West Qurna 2 field of around 460,000 barrels per day due to a leak on an export pipeline, two Iraq energy officials told Reuters on Monday.West Qurna 2 is one of the world's biggest fields, with o...Reuters
12 hours ago
NextEra Energy forecasts higher adjusted profit growth in 2026
Dec 8 (Reuters) - NextEra Energy NEE.N on Monday raised its adjusted profit forecast for the current-year as well as 2026, as the utility benefits from a surge in power demand driven by data centers. This move comes amid increased power demand driven by data centers strains grids across the country ...Reuters
13 hours ago
PRESS DIGEST-Canada - December 8
Dec 8 (Reuters) - The following are the top stories from The Globe and Mail. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL- Canada's Air Transat said it will begin suspending flights on Monday, after its pilots' union issued a strike notice f...Reuters
13 hours ago
Trump to unveil $12 billion aid for farmers hit by trade war, White House official says
WASHINGTON, Dec 8 (Reuters) - U.S. President Donald Trump was set to unveil a $12 billion aid package for American farmers affected by his trade policies, a White House official said on Monday. The announcement was due to be made at a 2 p.m. (1900 GMT) roundtable at the White House, the official sai...Reuters
13 hours ago
Kazakhstan's CPC oil pipeline will not return to full export capacity before December 11, sources say
Exports fall after part of CPC terminal damaged by attackSPM-3 repairs delayed until mid-December CPC diverts oil to alternative pipelines MOSCOW, Dec 8 (Reuters) - Kazakhstan's Caspian Pipeline Consortium, which accounts for 1% of global crude supply, will not return to full export capacity ...Reuters
13 hours ago
German foreign minister: China willing to prioritise European supply bottlenecks
Dec 8 (Reuters) - German Foreign Minister Johann Wadephul said on Monday that China had signalled it would give priority to addressing minerals supply shortages among European manufacturers in a dispute over rare earths export restrictions. The minister, who is on a two-day trip in China, spoke a...Reuters
13 hours ago
China funnelled $80 billion into overseas cleantech in past year, report says
Countries deepen cleantech cooperation with China in wake of US tariffs, report saysChinese green tech investments overseas total $180 billion since 2023 By Colleen Howe BEIJING, Dec 8 (Reuters) - Chinese firms have committed some $80 billion in clean technology investments overseas over the past...Reuters
13 hours ago
GRAINS-Soybeans at lowest since October as market grapples with US-China truce
CANBERRA/PARIS, Dec 8 (Reuters) - Chicago soybean futures on Monday fell below $11 a bushel for the first time since October amid uncertainty over whether China will buy as much U.S. supply as Washington expects and as traders awaited direction from U.S. grain forecasts and an interest rate decision...Reuters
13 hours ago
Antero Resources Proposes Deal For $2.8 Billion In Cash
Dec 8 (Reuters) - Antero Midstream Corp AM.N:ANTERO RESOURCES ANNOUNCES STRATEGIC TRANSACTIONS WITH MARCELLUS ACQUISITION AND UTICA DIVESTITUREANTERO RESOURCES CORP: PROPOSED DEAL FOR $2.8 BILLION IN CASHANTERO RESOURCES CORP - TOTAL CONSIDERATION OF $2.8 BILLION IN CASH PLUS ASSUMPTION OF HG ENERGY...Reuters
13 hours ago
Antero Midstream Announces Strategic $1.1 Billion Acquisition Of Marcellus Shale Assets And Ohio Utica Divestiture
Dec 8 (Reuters) - Antero Midstream Corp AM.N:ANTERO MIDSTREAM ANNOUNCES STRATEGIC $1.1 BILLION ACQUISITION OF MARCELLUS SHALE ASSETS AND OHIO UTICA DIVESTITUREANTERO MIDSTREAM CORP: ENTERED DEFINITIVE AGREEMENT TO DIVEST ITS OHIO UTICA SHALE ASSETS FOR $400 MILLION IN CASHANTERO MIDSTREAM CORP: EXPE...Reuters
13 hours ago
Silver consolidates as markets await Fed decision amid geopolitical tensions
Silver (XAG/USD) remains stable at the start of the week, trading around $58.40 on Monday at the time of writing, up 0.1% on the day. The white metal extends its consolidation phase, as investors avoid taking fresh positions before the Federal Reserve’s policy announcement on Wednesday.
Fxstreet
14 hours ago
Gold confined to range ahead of Fed rate decision, USD steadies
Gold (XAU/USD) kicks off the week on a quiet note, with traders reluctant to take fresh positions ahead of the Federal Reserve’s (Fed) interest rate decision on Wednesday. At the time of writing, XAU/USD is trading around $4,210, extending its consolidation phase within the familiar one-week range.
Fxstreet
14 hours ago
REalloys reaches rare earths tie-up with Canada-backed council
Dec 8 (Reuters) - U.S. heavy rare earths magnet startup REalloys said on Monday it would partner with the Saskatchewan Research Council, the Canadian province's technology innovation unit, on an expansion of a heavy rare earths processing plant due to start operating in early 2027.REalloys will ...Reuters
14 hours ago
Argentina's railway privatization dreams face long haul ahead
Tender to operate freight lines to be launched in 2026Revitalization key to Milei plans to transform Argentine economySignificant investment will be needed after years of neglectBy Lucila Sigal BUENOS AIRES, Dec 8 (Reuters) - Argentina, a major global food supplier, plans to supercharge its grain...Reuters
15 hours ago
