News
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PRESS DIGEST-British Business - October 30
Oct 30 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - The Bank of England is poised to cut interest rates for the sixth time in just over a year amid ri...Reuters
Thu, Oct 30
Grupo Aeroportuario Del Pacifico Provides Update On The Impact Of Hurricane Melissa In Jamaica
Oct 29 (Reuters) - Grupo Aeroportuario del Pacifico SAB de CV GAPB.MX:GRUPO AEROPORTUARIO DEL PACIFICO PROVIDES UPDATE ON THE IMPACT OF HURRICANE MELISSA IN JAMAICAGRUPO AEROPORTUARIO DEL PACIFICO SAB DE CV - KINGSTON AIRPORT RESUMES OPERATIONS FOR HUMANITARIAN AID FLIGHTSReuters
Thu, Oct 30
Indian Oil to team up with Vitol in global trading push, source says
By Nidhi VermaHYDERABAD, India Oct 29 - Indian Oil IOC.NS plans to sign a deal early next year to form a joint venture with global trader Vitol as the state-run refiner seeks to expand its footprint in international crude and fuel trading, according to a source with direct knowledge of the matter.Th...Reuters
Thu, Oct 30
Gold Price Forecast: XAU/USD holds gains near $3,950 ahead of Trump-Xi meeting
Gold price (XAU/USD) halts its four-day losing streak, trading around $3,950 per troy ounce during the Asian hours on Thursday. Gold prices gain ground as continued central bank purchases and renewed ETF inflows have tightened the supply of metal in both official and exchange channels.
Fxstreet
Thu, Oct 30
US judge cuts Standing Rock verdict against Greenpeace to $345 million
By Blake Brittain Oct 29 (Reuters) - A judge in North Dakota on Wednesday slashed by almost half jury-awarded damages of about $667 million against environmental advocacy group Greenpeace over its role in protests against the construction of the Dakota Access Pipeline.State District Judge James G...Reuters
Thu, Oct 30
PRESS DIGEST-Financial Times - October 30
Oct 30 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- EU to probe sale of Anglo's nickel business to China-backed MMG- Porsche-Piëch family explores investing in 6 billion euros VW dies...Reuters
Thu, Oct 30
GRAINS-Chicago soybean futures rise ahead of Trump-Xi meeting; Corn, wheat also firm
BEIJING, Oct 30 (Reuters) - Chicago soybean futures rose on Thursday, ahead of a summit between U.S. President Donald Trump and his Chinese counterpart, Xi Jinping, where a "substantial" soybean trade deal is expected that could help U.S. farmers avert deeper losses.Corn and wheat also edged...Reuters
Thu, Oct 30
PRECIOUS-Gold ticks up on dollar retreat, Fed rate cut
Oct 30 (Reuters) - Gold prices edged higher on Thursday, as a slight pullback in the dollar and a widely expected quarter percentage point rate cut from the U.S. Federal Reserve lifted demand.FUNDAMENTALSSpot gold XAU= was up 0.4% at $3,942.97 per ounce, as of 0050 GMT. U.S. gold futures GCcv1 for D...Reuters
Thu, Oct 30
Starbucks sales rebound globally, coffee prices bite margins
US sales flat, store visits fellMargins hit by rising coffee prices, tariffs, investment costsChina sales rise 2%, facing competition from local chainsBy Juveria Tabassum and Waylon Cunningham Oct 29 (Reuters) - Starbucks SBUX.O posted its first quarter of gains in comparable sales after nearly a...Reuters
Thu, Oct 30
Oil prices little changed as markets eye US-China trade talks
By Colleen Howe BEIJING, Oct 30 (Reuters) - Oil prices held on to most gains from the previous session in early trading on Thursday as investors awaited U.S.-China trade talks later in the day, hoping for signs that tensions clouding the economic growth outlook will ease.Brent crude futures LCOc1...Reuters
Thu, Oct 30
Melissa kills 25 in Haiti, nearly 30 total as hurricane batters Caribbean
Melissa crossing Bahamas as Category 1At least 25 people killed in Haiti, 4 in Jamaica Jamaica could take a decade to rebuild, forecaster saysCuba evacuates more than 700,000Caribbean climate group calls for 'loss and damage'By Steven Aristil, Zahra Burton and Dave Sherwood PORT-AU-PRINCE...Reuters
Thu, Oct 30
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Oct 30 (Reuters) - Contract Target Support/Resistance Brent oil (1st month)$64.23res $65.21/$65.82/$66.33Palm oil (3rd month)4,308/4,327 ringgitsup 4,245/4,222/4,207 ringgitWTI(1st month)$59.83/$59.38res $60.56/$60.84/$61.30Spot gold-sup $3,9...Reuters
Thu, Oct 30
US to make favorable announcement for its farmers after Trump-Xi meeting, Bessent says
Oct 29 (Reuters) - The United States will make an announcement after President Donald Trump's meeting with his Chinese counterpart Xi Jinping that will be a "resounding victory" for U.S. farmers, Treasury Secretary Scott Bessent said on Thursday."Today's announcement after his me...Reuters
Thu, Oct 30
ROI-Diesel rally sparked by Western sanctions on Russia will be short-lived: Bousso
Russia is second-biggest diesel exporterUS sanctions on Rosneft, Lukoil will lead to changes in diesel flowsNew EU measures force Indian refiners to replace Russian crudeBy Ron Bousso LONDON, Oct 30 (Reuters) - A new wave of Western sanctions on Russia’s oil industry has roiled the diesel market,...Reuters
Wed, Oct 29
LIVESTOCK-CME cattle futures rebound from sharp declines
By Tom Polansek CHICAGO, Oct 29 (Reuters) - Live cattle and feeder cattle futures jumped on the Chicago Mercantile Exchange on Wednesday in a turnaround from recent sell-offs.The markets were due to rise after U.S. President Donald Trump fueled sharp declines by saying that beef prices were too h...Reuters
Wed, Oct 29
HF Sinclair mulls pipeline expansions to boost US West Coast fuel supply
Plan could add 150,000 barrels per day to regional marketsExpansion includes Pioneer and UNEV pipelinesNew lateral from Salt Lake City to Reno under evaluationBy Nicole Jao NEW YORK, Oct 29 (Reuters) - U.S. refiner HF Sinclair DINO.N is considering expanding its pipeline systems across the Rocky ...Reuters
Wed, Oct 29
CIF/FOB Gulf Grain-Soybean barge bids firm as traders await Trump-Xi meeting
CHICAGO, Oct 29 (Reuters) - Basis bids for soybeans shipped by barge to U.S. Gulf Coast terminals were steady to higher on Wednesday after Chinese importers made their first purchases of newly harvested U.S. soybeans this season, traders said.Traders said China's COFCO bought three cargoes of U....Reuters
Wed, Oct 29
In Hurricane Melissa's wake, Jamaican expats can only wait and pray
Hurricane Melissa devastates parts of Jamaica, cutting off communicationsNew York's Jamaican community eager to assist relatives on the islandRelief efforts initiated by international and Jamaican organizationsDrone footage shows extensive flooding and damageBy Maria Tsvetkova, Helen Coster and ...Reuters
Wed, Oct 29
