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Super-warming methane gas is being tackled too slowly, UN says ahead of COP30
UN reports 12% of methane alerts answered by companies and governmentsMethane emissions have increased despite global pledge to cut by 30% this decadeObservatory to track super emitters in coal, waste and agriculture sectorsBy Alison Withers COPENHAGEN, Oct 22 (Reuters) - Almost 90% of satellite-...Reuters
Wed, Oct 22
PRECIOUS-Gold prices slide over 2% as dollar firms, investors book profits
Gold fell more than 5% on TuesdayFocus on US inflation data, due on FridayPlanned Trump-Putin summit on holdBy Anmol Choubey and Sherin Elizabeth Varghese Oct 22 (Reuters) - Gold prices extended declines on Wednesday, following their steepest daily fall since 2020 in the previous session, after a...Reuters
Wed, Oct 22
Norway's wealth fund maintains net zero emission pressure amid US climate rollback
'Climate risk is financial risk,' fund saysSays it prioritises dialogue over divestmentSome NGOs say fund should threaten divestments U.S. climate policy rollback contrasts with fund's goalsBy Gwladys Fouche OSLO, Oct 22 (Reuters) - Norway's $2 trillion wealth fund is maintaining ...Reuters
Wed, Oct 22
GRAINS-Chicago soybeans recover on trade talk optimism
PARIS/BEIJING, Oct 22 (Reuters) - Chicago soybean futures bounced back on Wednesday, as markets remained hopeful for progress in trade talks with top soy buyer China and a Japanese proposal to increase U.S. soy purchases, deals that could help U.S. farmers avert major losses. As of 1048 GMT, the mos...Reuters
Wed, Oct 22
EU Parliament plans more changes to due diligence law, after US, Qatar pushback
BRUSSELS, Oct 22 (Reuters) - The European Parliament voted on Wednesday to reopen the EU's corporate sustainability law to potentially weaken it further, as Brussels faces pushback from the U.S. and Qatar over the rules.EU lawmakers will now consider further changes to the law, with the aim of a...Reuters
Wed, Oct 22
Ukraine hits ammunition plant, oil refinery in Russia, Kyiv military says
KYIV, Oct 22 (Reuters) - Ukraine's military hit a weapons and ammunition plant in Russia's region of Mordovia and an oil refinery in Russia's Dagestan in overnight attacks on Wednesday, the Ukrainian general staff said."The defence forces continue to take all measures to undermine th...Reuters
Wed, Oct 22
RPT-COLUMN-OPEC production confusion should put floor under oil prices: Bousso
Brent oil prices drift towards $60 a barrelFuture contracts have shifted in recent weeks into a contango structureHuge divergence in estimates over OPEC production to put floor on oil price declineBy Ron Bousso LONDON, Oct 22 (Reuters) - Global oil prices are signalling that the market is tipping...Reuters
Wed, Oct 22
Teck beats profit forecast on higher metals prices, Anglo merger on track
Oct 22 (Reuters) - Teck Resources TECKb.TO beat third-quarter profit estimates on Wednesday, lifted by higher copper and zinc prices, even as production at its Quebrada Blanca copper mine in Chile remained constrained by tailings work. U.S.-listed shares of Teck rose 2% in pre-market trading.The res...Reuters
Wed, Oct 22
Gold Price Forecast: XAU/USD support at $4,000 remains dangerously close
Gold bounced up after reaching the target of a Double Top pattern, at $4,005 on Tuesday, but upside attempts have been halted way below previous support, at $4,185, which leaves the immediate bearish trend intact and the $4,000 support area at a short distance.The announcement that US President Trum
Fxstreet
Wed, Oct 22
INSIGHT-US shipbuilders, ports take knock-on hit from Trump assault on offshore wind
Orders for new US offshore wind vessels have stoppedPorts adjust plans, face delays after federal funding lossesTrump administration says it can revive US maritime industries without offshore windBy Nichola Groom Oct 22 (Reuters) - U.S. shipbuilders and port operators are getting hit in the fallo...Reuters
Wed, Oct 22
PRECIOUS-Gold prices slide further as dollar firms, investors book profits
Gold fell more than 5% on TuesdayFocus on US inflation data, due on FridayPlanned summit between Trump and Putin on holdBy Anmol Choubey and Sherin Elizabeth Varghese Oct 22 (Reuters) - Gold prices extended declines on Wednesday, following their steepest daily fall since 2020 in the previous sess...Reuters
Wed, Oct 22
JERA Nex BP halts development of US Beacon wind project as costs soar
TOKYO, Oct 22 (Reuters) - JERA Nex BP, a joint venture between Japan's top power generator JERA and BP BP.L, plans to halt development of the U.S. Beacon offshore wind power project and lay off its U.S. employees in the coming months, the venture said in a statement.The decision marks the latest...Reuters
Wed, Oct 22
Russia's Orenburg plant restarts taking gas from Kazakhstan field
Karachaganak raised daily output by 8%, source saysShell, Eni, Chevron are among Karachaganak stakeholdersUkraine hit Russia's gas plant with drones on SundayGas from Kazakhstan's field is processed at the Russian plantBy Tamara Vaal ASTANA, Oct 22 (Reuters) - Russia's Orenburg gas pl...Reuters
Wed, Oct 22
PRESS DIGEST -Wall Street Journal - October 22
Oct 22 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- Cable and broadband giant Charter Communications CHTR.O is laying off 1,200 employees, or just over 1% of its 95,000-person workforce- Blac...Reuters
Wed, Oct 22
Slovakia likely to support new EU sanctions package against Russia, PM Fico says
Oct 22 (Reuters) - Slovakia, a holdout against supporting the European Union's 19th sanctions package against Russia, says it will back the measures if its demands are met during a summit of the bloc's leaders this week, Prime Minister Robert Fico said on Wednesday. EU leaders meet on...Reuters
Wed, Oct 22
EXCLUSIVE-Japan’s new leader to woo Trump with promises on pickups and soybeans
Trump to meet Japan's new PM Takaichi in Tokyo early next weekJapan says substance, not amount, of defence spending importantJapan will also offer list of possible U.S. investments By Tamiyuki Kihara TOKYO, Oct 22 (Reuters) - As Japan's new premier Sanae Takaichi got to work on Wednesday...Reuters
Wed, Oct 22
