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Ukraine has 'significantly diversified' its gas supplies, Zelenskiy says
KYIV, Jan 29 (Reuters) - Ukraine has "significantly diversified" its supply of natural gas following Russian strikes on the country's oil and gas infrastructure, President Volodymyr Zelenskiy said on Thursday."We are ensuring a reliable gas supply for Ukrainians despite all challenge...Reuters
Thu, Jan 29
Cyclic Materials to invest $82 million in new US rare-earth recycling campus
Jan 29 (Reuters) - Cyclic Materials will invest more than $82 million to build a rare-earth recycling campus in South Carolina, the company said on Thursday, expanding U.S. capacity to process critical minerals amid efforts to reduce reliance on overseas supply chains dominated by China.The U.S. has...Reuters
Thu, Jan 29
Norfolk Southern posts rise in quarterly profit on cost control
Jan 29 (Reuters) - Norfolk Southern NSC.N reported a rise in fourth-quarter profit on Thursday on cost controls amid uneven freight demand and persistent macroeconomic strain. The results come after the U.S. Surface Transportation Board earlier this month sent back Union Pacific's UNP.N proposed...Reuters
Thu, Jan 29
Russia is ready to evacuate its staff from Iran's Bushehr nuclear plant if necessary, TASS reports
MOSCOW, Jan 29 (Reuters) - Russia is ready to evacuate its staff from Iran's Bushehr nuclear power plant if necessary, Alexei Likhachev, the head of Russia's state nuclear corporation, was cited as saying on Thursday by the state news agency TASS.President Vladimir Putin said last year that ...Reuters
Thu, Jan 29
Gold Price Forecast: XAU/USD consolidates near the $5,600 record high
Another day, another all-time high for Gold (XAU/USD), which has been breaking records for nine consecutive days, showing a dizzying 20% rally in less than two weeks. The pair remains bid on Thursday, as the US Dollar seems unable to perform any significant recovery.
Fxstreet
Thu, Jan 29
EXCLUSIVE-US moves away from critical mineral price floors, sources say
Trump officials told industry price floors gone, sources sayIndustry has long seen price support as tool to offset ChinaUS Senate committee reviewing price floor given to MP MaterialsBy Ernest Scheyder and Jarrett Renshaw Jan 29 (Reuters) - The Trump administration is stepping back from plans to ...Reuters
Thu, Jan 29
Dutch lithium supplier AMG seeks to bypass China
By Ilona Wissenbach and Sergio Goncalves FRANKFURT, Jan 29 (Reuters) - Dutch miner and lithium supplier AMG Critical Materials AMG.AS plans to reduce dependence on China by processing battery-grade lithium for electric vehicles in Brazil, Portugal and Germany, its head of development told Reuters...Reuters
Thu, Jan 29
EXCLUSIVE-US moves away from critical mineral price floors, sources say
Trump officials told industry price floors gone, sources sayIndustry has long seen price support as tool to offset ChinaUS Senate committee reviewing price floor given to MP MaterialsBy Ernest Scheyder and Jarrett Renshaw Jan 29 (Reuters) - The Trump administration is stepping back from plans to ...Reuters
Thu, Jan 29
Gold rallies to fresh record highs on safe-haven demand amid geopolitical tensions
Gold (XAU/USD) adds another leg to its relentless rally on Thursday, building on the previous day’s solid gains of 3.87% as increased volatility and ongoing safe-haven demand continue to drive strong inflows into Bullion.Fxstreet
Thu, Jan 29
ROI-US, Europe fall behind in the race to control the Arctic: Vladimirov and Petrova
By Martin Vladimirov and Vanya Petrova SOFIA, Jan 29 (Reuters) - The Arctic is no longer a frozen periphery, especially not after the U.S. spat with Europe over Greenland. As sea ice melts, the High North is emerging as a strategic hub for energy, shipping and critical minerals.It is warming near...Reuters
Thu, Jan 29
POLL-Copper forecasts jump above $11,000 for first time, but analysts wary on demand worries
Copper price set to average $11,975 per metric ton in 2026Analysts trim forecasts for aluminium surplus this yearAverage nickel price in 2026 seen below current high levels By Eric Onstad and Sarah Qureshi LONDON/BENGALURU, Jan 29 (Reuters) - Analysts have boosted their consensus 2026 price forec...Reuters
Thu, Jan 29
Valero beats Q4 revenue and EPS estimates, raises dividend
OverviewPetroleum refiner's Q4 revenue beat analyst expectationsAdjusted EPS for Q4 beat analyst expectationsCompany raised quarterly dividend by 6% to $1.20 per shareOutlookValero expects St. Charles FCC Unit optimization project to start in H2 2026Valero increased quarterly cash dividend by 6%...Reuters
Thu, Jan 29
Pakistan becomes latest Asian country to introduce checks for deadly Nipah virus
India confirmed two infections in late DecemberIndia says no outbreak, no need for screening at its airportsA number of Asian nations have tightened screeningNipah has high mortality rate but not easily transmittedBy Mubasher Bukhari, Francesco Guarascio and Rishika Sadam LAHORE/HANOI/HYDERABAD,...Reuters
Thu, Jan 29
Refiner Valero Energy beats estimates for fourth-quarter profit
Jan 29 (Reuters) - U.S. refiner Valero Energy VLO.N surpassed Wall Street expectations for fourth-quarter profit on Thursday, on the back of a rebound in margins.The Houston, Texas-based company posted an adjusted profit of $3.82 per share for the three months ended December 31, compared with analys...Reuters
Thu, Jan 29
RPT-ROI-Europe's gas storage is draining, but prices reflect no urgency: Bousso
By Ron Bousso LONDON, Jan 29 (Reuters) - Europe’s vast natural gas storage network is set to exit winter at its lowest level in years, yet market prices indicate a complacency starkly at odds with the enormous challenge traders face in refilling inventories.Replenishing underground storage has be...Reuters
Thu, Jan 29
RPT-Tesla plans $20 billion capital spending spree in push beyond human-driven cars
Spending will go to factories for Cybercab autonomous vehicles, Optimus robots, semi-trucks, batteries and lithium productionPlanned investments would more than double last year's capital spendingSome analysts view record spending as necessary for pivot to autonomous driving and roboticsBy Chris...Reuters
Thu, Jan 29
RPT-ROI-Europe’s euro worry a mirror of US dollar dilemma?: Mike Dolan
By Mike Dolan LONDON, Jan 29 (Reuters) - Europe wants to embrace a beefed-up role for the euro in world finance but gets anxious when that success pushes the currency higher. If the dollar is indeed shaping up for another protracted slide, the bloc faces the flipside of a dilemma Washington is tr...Reuters
Thu, Jan 29
India's NMDC exploring coal reserves in Canada to boost steel capacity, minister says
Jan 29 (Reuters) - Indian state-run miner NMDC NMDS.NS is "actively exploring" coal reserves in Canada to boost the country's steel manufacturing capacity, India's steel minister H.D. Kumaraswamy said on Thursday.The comments came after Kumaraswamy held a bilateral meeting with Canad...Reuters
Thu, Jan 29
