News
Important Only
China's rare earth curbs to have significant impact on Europe's auto industry, lobby group says
MILAN, Oct 14 (Reuters) - Expected new Chinese curbs on rare earth metal exports could have a significant impact on the European auto industry, the head of Italian auto part maker lobby ANFIA said on Tuesday, as reserves of those materials are low.ANFIA Chairman Roberto Vavassori told an automotive ...Reuters
Tue, Oct 14
White House budget office says it is preparing to 'ride out' shutdown
WASHINGTON, Oct 14 (Reuters) - The White House Office of Management and Budget said on Tuesday it was making preparations "to batten down the hatches and ride out" the federal government shutdown, while continuing layoffs."Pay the troops, pay law enforcement, continue the RIFs, and wait,...Reuters
Tue, Oct 14
FACTBOX-How Germany is building up LNG import terminals
FRANKFURT, Oct 14 (Reuters) - Germany is putting natural gas import terminals into operation as part of the country's efforts to replace piped Russian gas following Moscow's invasion of Ukraine in 2022.It is deploying floating storage regasification units (FSRUs) to receive seaborne LNG, whi...Reuters
Tue, Oct 14
US natural gas futures hit over two-week low on milder weather, weaker demand forecasts
By Anushree MukherjeeOct 14 (Reuters) - U.S. natural gas futures fell more than 2% on Tuesday to hit a more than two-week low, weighed down by forecasts for milder weather and lower demand in the coming days.Front-month gas futures for November delivery NGc1 on the New York Mercantile Exchange fell ...Reuters
Tue, Oct 14
CBOT Trends-Wheat down 3-4 cents, corn down 1-2, soybeans down 4-5 cents
CHICAGO, Oct 14 (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. CDT (1330 GMT) on Tuesday.NOTE: The U.S. government remains shut down, suspending many government reports. WHEAT - Down 3 to 4 cent...Reuters
Tue, Oct 14
Verizon offers relief for government workers impacted by shutdown
WASHINGTON, Oct 14 (Reuters) - Verizon Communications VZ.N said Tuesday that it will offer government workers impacted by a two-week-old government shutdown payment deferral options.Federal workers are beginning to receive partial paychecks due to the ongoing budget standoff."If federal employee...Reuters
Tue, Oct 14
Brazil new soy crop seen at record 178 million tons, Conab says
By Ana ManoSAO PAULO, Oct 14 (Reuters) - Brazilian farmers are expected to harvest a record 177.64 million metric tons of soybeans in the 2025/26 season, virtually the same as forecast last month but around 6 million tons more than in the previous year, crop agency Conab said on Tuesday.Conab cited ...Reuters
Tue, Oct 14
Gold stabilizes after record surge, attention turns to Powell
Gold (XAU/USD) is taking a breather on Tuesday after surging to a fresh all-time high near $4,179 earlier in the day as safe haven demand remains supported amid intensifying US-China trade tensions, dovish Federal Reserve (Fed) expectations, and growing uncertainties across major economies.
Fxstreet
Tue, Oct 14
Oil executives flag increased costs from Trump's tariffs
Tariffs raise costs for energy companies, CEOs sayTotalEnergies, Baker Hughes cite financial impacts from US trade policiesExxon says it focuses on long-term fundamentals, not political cyclesBy Stephanie KellyLONDON, Oct 14 (Reuters) - The executives of two oil companies warned this week that tarif...Reuters
Tue, Oct 14
Boeing Awarded Approximately $2.7 Billion In Multiyear Contracts For PAC‑3 Seeker Production
Oct 14 (Reuters) - Boeing Co BA.N:BOEING AWARDED APPROXIMATELY $2.7 BILLION IN MULTIYEAR CONTRACTS FOR PAC‑3 SEEKER PRODUCTIONBOEING: UNDER AGREEMENTS, BOEING WILL DELIVER MORE THAN 3,000 SEEKERS AT RATES OF UP TO 750 UNITS PER YEAR THROUGH 2030BOEING - WORKING WITH LOCKHEED MARTIN TO INCREASE PAC-3...Reuters
Tue, Oct 14
PRECIOUS-Gold leaps above $4,100 on Fed rate cut hopes, US-China trade tension
Gold hits record high of $4,179.48/ozTrump on track to meet Xi in South Korea, Bessent saysFed Chair Powell to address NABE annual meeting on TuesdaySilver hits record high of $53.60/ozBy Anushree Mukherjee Oct 14 (Reuters) - Gold prices jumped to a record high above $4,100 on Tuesday, supported ...Reuters
Tue, Oct 14
GRAINS-Wheat falls to five-year low as Russian exports increase
By Sybille de La Hamaide and Peter Hobson PARIS/CANBERRA, Oct 14 (Reuters) - Chicago wheat futures fell to a five-year low on Tuesday, on abundant global supplies, including in top exporter Russia, which has accelerated shipments in the past months after a slow start.Corn futures also slipped und...Reuters
Tue, Oct 14
CORRECTED-Radiant World expands beyond iron ore trading into metals
By Pratima DesaiLONDON, Oct 14 (Reuters) - Commodity trader Radiant World has appointed Liam Brown and Louis McCauley as part of a hiring spree in Europe aimed at expanding its industrial and precious metals trading business after years of trading iron ore. Brown previously worked at Mercuria, Gol...Reuters
Tue, Oct 14
Titan Mining to produce graphite concentrate at New York facility
Oct 14 (Reuters) - Titan Mining TI.TO said on Tuesday it will begin production of graphite concentrate at its Empire State Mines in New York, days after China expanded export limits on rare earth minerals.The Canadian miner is targeting ramp-up to a 40,000-tonne-per-year commercial graphite facility...Reuters
Tue, Oct 14
Eversource to record $75 million charge linked to offshore wind sale settlement
Oct 14 (Reuters) - Utility firm Eversource Energy ES.N said on Tuesday it expects a $75 million or 20 cents per share after-tax charge in the third quarter due to an increased liability for the two wind projects sold to Global Infrastructure Partners (GIP).In 2024, Eversource sold its stake in the S...Reuters
Tue, Oct 14
Eversource Energy Provides Update On Offshore Wind Liability
Oct 14 (Reuters) - Eversource Energy ES.N:EVERSOURCE ENERGY PROVIDES UPDATE ON OFFSHORE WIND LIABILITYEVERSOURCE ENERGY - INCREASES LIABILITY FOR FUTURE PAYMENTS TO GLOBAL INFRASTRUCTURE PARTNERSEVERSOURCE ENERGY - NARROWS 2025 ADJUSTED RECURRING EARNINGS GUIDANCE TO $4.72-$4.80 PER SHAREEVERSOURCE ...Reuters
Tue, Oct 14
