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Saudi Aramco, Solutions by STC Collaborate To Deploy Next-Generation Supercomputer
May 6 (Reuters) - Saudi Arabian Oil Co 2222.SE:SAUDI ARAMCO - ARAMCO AND SOLUTIONS BY STC COLLABORATE TO DEPLOY NEXT-GENERATION SUPERCOMPUTER, POWERING UPSTREAM DIGITAL EXCELLENCESAUDI ARAMCO - COLLABORATION EXPECTED TO ENHANCE DIGITAL INNOVATION ACROSS EXPLORATION AND FIELD DEVELOPMENT OPERATIONS A...Reuters
Wed, May 6
Natural Resource Partners Q1 net income falls on weak coal and soda ash demand
OverviewU.S. mineral rights and soda ash firm's Q1 net income and free cash flow declined yr/yrLower coal and soda ash sales, weak demand and oversupply weighed on segment resultsCompany declared Q1 2026 distribution of $0.75 per unit, unchanged from prior quarterResult DriversCOAL VOLUMES AND P...Reuters
Wed, May 6
Iran says safe transit of Strait of Hormuz will be possible with US ending threats
DUBAI, May 6 (Reuters) - Safe transit through the Strait of Hormuz will be ensured with U.S. threats coming to an end and new procedures in place, the Revolutionary Guards' Navy said on Wednesday, according to state media, in Iran's first reaction to the U.S. pausing operations to help stran...Reuters
Wed, May 6
Perrigo Q1 revenue falls 7%, misses estimates amid weak demand
OverviewIreland-based consumer self-care firm's Q1 revenue declined and missed analyst expectationsAdjusted EPS for Q1 beat analyst expectationsCompany completed Dermacosmetics business sale post-quarter to support debt reductionOutlookPerrigo maintains full-year 2026 outlook, expecting second-h...Reuters
Wed, May 6
Cencora Q2 revenue and adjusted EPS miss estimates, raises FY outlook
OverviewPharmaceutical distributor's fiscal Q2 revenue rose 3.8% yr/yr but missed analyst expectationsAdjusted EPS for fiscal Q2 rose 7.5% but missed analyst expectationsCompany raised full-year adjusted EPS guidance and plans $1 bln share buyback by end-2026OutlookCencora raises fiscal 2026 adj...Reuters
Wed, May 6
EXPLAINER-What is the hantavirus that killed three cruise ship passengers?
May 5 (Reuters) - Three people have died in an outbreak of hantavirus on a luxury cruise ship, with another five confirmed or suspected cases. What exactly is hantavirus, and what are the implications of its spread for global public health? WHAT IS IT? Hantaviruses are rodent-borne viruses th...Reuters
Wed, May 6
RPT-Slovakia scraps restrictions on volumes, dual pricing for diesel
May 6 (Reuters) - Slovakia will lift volume restrictions on diesel fuel sales and scrap higher prices for foreign-registered vehicles as of Friday, Economy Minister Denisa Sakova said on Facebook on Wednesday.The restrictions, criticised as illegal by the European Commisison, were imposed in March d...Reuters
Wed, May 6
Slovakia scraps restrictions on volumes, dual pricing for diesel
May 6 (Reuters) - Slovakia will lift volume restrictions on diesel fuel sales and scrap higher prices for foreign-registered vehicles as of Friday, Economy Minister Denisa Sakova said on Facebook on Wednesday.The restrictions, criticised as illegal by the European Commisison, were imposed in March ...Reuters
Wed, May 6
GRAINS-Chicago grains track crude oil lower on hopes of Mideast truce
Soybeans, corn fall as crude oil futures decline on deal hopesWheat prices follows, likely to be supported by U.S. droughtBy Sybille de La Hamaide and Naveen Thukral PARIS/SINGAPORE, May 6 (Reuters) - Chicago grains slid on Wednesday, giving up recent gains, as a decline in crude oil prices on ho...Reuters
Wed, May 6
WHO assessment of cruise ship Hantavirus remains 'low risk' despite human-to-human spread
JOHANNESBURG, May 6 (Reuters) - Confirmation that the cruise ship Hantavirus outbreak can spread from human-to-human does not change the World Health Organization's (WHO) risk assessment, which remains at low risk, the U.N. body's South Africa representative said on Wednesday."No, it doe...Reuters
Wed, May 6
Lufthansa sticks to 2026 outlook despite $2 billion jet-fuel hit, shares rise
Lufthansa to offset fuel price rise with revenue, cost cutsQ1 operating loss narrows to 612 million euros, beats forecastsShares rise over 6% as Middle East rerouting lifts demandLabour disruptions and strikes remain a risk, CFO saysBy Joanna Plucinska LONDON/BERLIN, May 6 (Reuters) - Lufthansa L...Reuters
Wed, May 6
Canada's Cenovus Energy beats Q1 EPS estimates, raises dividend
OverviewCanada oil and gas producer's Q1 revenue rose sequentiallyEPS for Q1 beat analyst expectationsCompany raised quarterly dividend by 10% to C$0.22 per shareOutlookCenovus expects first oil from West White Rose project in Q3 2026Production from Christina Lake North redevelopment to ramp up ...Reuters
Wed, May 6
WTI Crude Oil tumbles as prospective US–Iran accord eases Strait of Hormuz fears
West Texas Intermediate (WTI) US Oil falls sharply on Wednesday and trades around $91.00 at the time of writing, posting an 8.91% daily decline as markets rapidly reassess geopolitical risks in the Middle East following reports from Axios suggesting major progress between the United States (US) and
Fxstreet
Wed, May 6
Israel to transfer jet fuel to Germany following Hormuz crisis
BERLIN/JERUSALEM, May 6 (Reuters) - Israel will transfer jet fuel to Germany after Berlin requested assistance in recent days following the crisis in the Strait of Hormuz, according to a statement posted online by Israel's energy ministry on Wednesday.The coordination of the cargoes will be carr...Reuters
Wed, May 6
Canada's Cenovus Energy posts higher first-quarter profit
May 6 (Reuters) - Canadian oil and gas producer Cenovus Energy CVE.TO posted a rise in first-quarter profit, helped by record upstream production.The Calgary, Alberta-based company's net earnings rose to C$1.57 billion ($1.14 billion), or 83 Canadian cents per diluted share, in the three months ...Reuters
Wed, May 6
Solstice forecasts upbeat quarterly sales on strong nuclear, electronic materials demand
May 6 (Reuters) - Solstice Advanced Materials SOLS.O forecast second-quarter sales above market expectations on Wednesday, as it continues to bet on resilient demand for nuclear and electronic materials.The specialty materials maker was spun off from Honeywell HON.O in October last year, as part of ...Reuters
Wed, May 6
RPT-EXCLUSIVE-Rivian developing variants of its more affordable R2 EVs
By Abhirup RoySAN FRANCISCO, May 5 (Reuters) - Rivian RIVN.O is working on undisclosed variants of its R2 electric vehicles, the company's CEO said, days after starting volume production of the smaller and more affordable SUVs.Rivian, known for its high-end R1 SUVs and pickup trucks, plans to st...Reuters
Wed, May 6
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