News
Important Only
Deals of the day-Mergers and acquisitions
Oct 24 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:Two Grindr GRND.N board members, part of an investor group that owns more than 60% of the company, have proposed to take one of the world's most recognized dating platforms for the LGBT...Reuters
Fri, Oct 24
Oil slips on skepticism about US commitment to Russian oil sanctions
Benchmarks pare early-day gains spurred by Thursday's sanctions Brent, US crude both gain over 7% in the weekChinese state oil majors to suspend Russian oil purchasesIndian refiners set to cut their Russian crude imports By Erwin Seba HOUSTON, Oct 24 (Reuters) - Oil prices fell on Friday as s...Reuters
Fri, Oct 24
USDA will not use emergency funds for November food benefits
WASHINGTON, Oct 24 (Reuters) - The U.S. Department of Agriculture will not use agency contingency funds to pay for food aid benefits set to lapse in November amid the ongoing federal government shutdown, according to a memo seen by Reuters.Reuters
Fri, Oct 24
US natural gas prices ease to one-week low as storage remains high
Gas storage levels about 5% above normal, easing supply concernsSeasonally cold weather forecast to boost heating demandLNG export feedgas hits all-time highBy Scott DiSavino Oct 24 (Reuters) - U.S. natural gas futures eased about 1% to a one-week low on Friday on a small output increase in recen...Reuters
Fri, Oct 24
Gold rebounds after softer US CPI data reinforces Fed cut bets
Gold price erases earlier losses, rises over 0.10% on Friday following the release of the September inflation report in the US, which showed that prices climbed but would not deter the Federal Reserve (Fed) from cutting rates next week.
Fxstreet
Fri, Oct 24
GRAINS-Soy, corn dip on farmer selling; US-China trade talks in focus
By Julie Ingwersen CHICAGO, Oct 24 (Reuters) - U.S. soybean futures retreated on Friday from a one-month high, pressured by a dip in crude oil CLc1 prices and a round of farmer selling while market players awaited upcoming U.S. trade talks with China, the world's top soybean buyer. Co...Reuters
Fri, Oct 24
PRECIOUS-Gold trims losses after US inflation data; set to end nine-week win streak
US September CPI up 3.0% on yearTrump to meet Chinese President Xi Jinping next weekSilver down over 6% so far this weekBy Noel John Oct 24 (Reuters) - Gold prices pared losses on Friday after slightly softer-than-expected U.S. inflation data reinforced expectations that the Federal Reserve will ...Reuters
Fri, Oct 24
Med crude-Urals differentials ease on firmer freight rates to Asia
MOSCOW, Oct 24 (Reuters) - Urals crude differentials to dated Brent eased on Friday amid higher freight rates for the grade from Russia's Western ports to Asia, traders said and Reuters calculations showed.Freight rates for shipping Urals crude from Russia’s western ports to India rose sharply i...Reuters
Fri, Oct 24
US Plains HRW Wheat-Basis bids mostly steady-firm on slow farmer sales
CHICAGO, Oct 24 (Reuters) - Basis bids for hard red winter (HRW) wheat were mostly steady around the U.S. Plains on Friday as farmers continued to focus on planting work instead of on marketing crops. Rain in southern areas of the Plains boosted soil moisture, but conditions remained dry in the cent...Reuters
Fri, Oct 24
Santee Cooper moves forward with Brookfield to complete nuclear reactors
Oct 24 (Reuters) - Public utility company Santee Cooper said on Friday it has approved a letter of intent from Brookfield Asset Management BAM.TO to enter into talks over resuming construction of two AP1000 nuclear reactors in Fairfield County, South Carolina.Both the companies will initiate a six-w...Reuters
Fri, Oct 24
German foreign minister postpones China trip amid rising tensions
Tensions between Berlin, Beijing rise over trade, securityForeign minister had planned to travel to China on SundayPostpones visit due to dearth of meetings confirmed by China BERLIN, Oct 24 (Reuters) - German Foreign Minister Johann Wadephul postponed his first trip to China after Beijing confir...Reuters
Fri, Oct 24
US drillers add oil and gas rigs for second week in a row, says Baker Hughes
Rig count this week rises to 550, its highest since JuneBaker Hughes reports rig count still down 6% yr/yrOil rigs up two to 420, gas rigs steady at 121By Scott DiSavino NEW YORK, Oct 24 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the firs...Reuters
Fri, Oct 24
REFILE-EU wheat ticks up with China in focus
PARIS, Oct 24 (Reuters) - European wheat futures edged higher on Friday in step with Chicago as traders looked ahead to U.S.-Chinese trade talks and assessed rumours that Chinese buyers were inquiring about foreign wheat.December wheat BL2Z5 on the Paris-based Euronext market settled 0.3% up at 190....Reuters
Fri, Oct 24
Mexico's Pemex says supplier debt down 50% under current government
MEXICO CITY, Oct 24 (Reuters) - Mexico's state-owned oil company Pemex has paid down off half its debts to suppliers since President Claudia Sheinbaum took office in October 2024, the company's chief executive said on Friday.CEO Victor Rodriguez said in a presentation to Congress that the co...Reuters
Fri, Oct 24
North Sea Crude-Ekofisk outage to have 'insignificant impact', Conoco says
LONDON, Oct 24 (Reuters) - The outage on a platform in the North Sea Ekofisk area will have an "insignificant impact" on oil and gas production, operator ConocoPhillips said on Friday.EKOFISK PLATFORM SHUT Production at the Ekofisk 2/4 K oil and gas platform in the North Sea is shut, TV2 ...Reuters
Fri, Oct 24
CORRECTED-Russia's fourth-largest oil refinery halts processing unit after drone attack, sources say
Oct 24 (Reuters) - Russia's fourth-largest oil refinery, the Ryazan plant located south east of Moscow, halted a primary crude distillation unit on October 23 following a Ukrainian drone attack, two industry sources told Reuters on Friday.Ukraine has stepped up its attacks on Russia's energy...Reuters
Fri, Oct 24
W. Africa Crude-Russia sanctions impact in focus, not clear yet
LONDON, Oct 24 (Reuters) - West African crude differentials were steady on Friday as traders waited to see if the latest U.S. and European Union sanctions on Russia would spark higher demand for alternative grades.U.S. President Donald Trump hit Russia's two biggest oil companies with sanctions ...Reuters
Fri, Oct 24
US drillers add oil and gas rigs for second week in a row, says Baker Hughes
NEW YORK, Oct 24 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since September, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.Reuters
Fri, Oct 24
