News
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REFILE-Boeing aims to crank up 737 MAX production to 47 a month by year end, CEO says
By Dan CatchpoleMay 29 (Reuters) - Boeing CEO Kelly Ortberg said on Thursday that he wants to crank 737 MAX production up from mid-30s a month now to 47 by the end of the year. Speaking at a Bernstein conference, he said that the company aims to increase production of its best-selling airplane to 42...Reuters
Thu, May 29
Canadian Prime Minister Carney welcomes U.S. court ruling on tariffs
OTTAWA, May 29 (Reuters) - Canadian Prime Minister Mark Carney on Thursday welcomed a U.S. trade court ruling that blocked most of President Donald Trump's tariffs, many of which apply to imports from Canada."(This decision) is consistent with Canada's long standing position that the ......Reuters
Thu, May 29
US Supreme Court sides with Utah railway challenged by environmentalists
Utah counties appealed after lower court halted projectRailway would connect to existing freight rail network By Andrew Chung May 29 (Reuters) - The U.S. Supreme Court bolstered on Thursday a Utah railway project intended to transport crude oil, ruling against environmental groups and a Colorado ...Reuters
Thu, May 29
NextDecade, Japan's JERA sign 20-year LNG supply deal
NextDecade to supply JERA with 2 million tonnes per year of LNGFrom 5th liquefaction train of NextDecade's Rio Grande projectNextDecade shares rise over 5% May 29 (Reuters) - U.S. liquefied natural gas producer NextDecade NEXT.O said on Thursday it had signed a 20-year deal to supply Japan...Reuters
Thu, May 29
Syria signs $7 billion power deal with Qatar's UCC Holding-led consortium
By Riham Alkousaa DAMASCUS, May 29 (Reuters) - Syria has signed a memorandum of understanding with a consortium of international companies led by Qatar's UCC Holding to develop major power generation projects with a foreign investment valued at about $7 billion, UCC said in a statement on Thu...Reuters
Thu, May 29
No indication of preparations to restart Zaporizhzhia, IAEA official says
VIENNA, May 29 (Reuters) - There is no indication on the ground that Russia is preparing to restart the Zaporizhzhia nuclear power plant in Ukraine which it is occupying, an official from the U.N. nuclear watchdog that has a small team on site said on Thursday."Our teams continue to confirm ther...Reuters
Thu, May 29
US natgas prices ease on forecasts for less demand and smaller output decline
US LNG export feedgas hit record high in AprilUS gas output hit record high in AprilUS gas storage about 4% over five-year normalBy Scott DiSavino May 29 (Reuters) - U.S. natural gas futures eased about 1% on Thursday on forecasts for less demand this week than previously expected and a smaller t...Reuters
Thu, May 29
Glencore restructures coal assets under single Australian unit
LONDON, May 29 (Reuters) - Glencore GLEN.L said on Thursday it had restructured its coal business by moving its recently acquired Canadian mines into a single unit run out of Australia, making it easy to manage.The Swiss-based miner and trader bought Canadian miner Teck Resources' steelmaking co...Reuters
Thu, May 29
Edison confident of positive outcome in Venture Global LNG arbitration
By Francesca Landini MILAN, May 29 (Reuters) - The chief executive of Italian utility Edison EDNn.MI said on Thursday he was confident of a positive outcome in arbitration involving U.S. liquefied natural gas supplier Venture Global VG.N, expected by the end of the year.Edison is one of several E...Reuters
Thu, May 29
April Passenger Demand Up 8% - IATA
May 29 (Reuters) - International Air Transport Association (IATA):APRIL TOTAL PASSENGER DEMAND, MEASURED IN REVENUE PASSENGER KILOMETERS (RPK), WAS UP 8.0% COMPARED TO APRIL 2024 - IATAAPRIL TOTAL CAPACITY, MEASURED IN AVAILABLE SEAT KILOMETERS (ASK), WAS UP 6.5% YEAR-ON-YEAR - IATAAPRIL LOAD FACTOR...Reuters
Thu, May 29
CBOT Trends-Wheat up 1-2 cents, corn down 2-4, soy down 3-4
CHICAGO, May 29 (Reuters) - The 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 Thursday. WHEAT - Up 1 to 2 cents per bushelCBOT wheat futures eased slightly with a stronger dollar helping to keep a ...Reuters
Thu, May 29
Ukraine's 2025/26 wheat exportable surplus seen falling to 15 mln, analyst says
May 29 (Reuters) - Ukraine's wheat exportable surplus is seen falling to 15 million metric tons in the 2025/2026 season from 16.2 million tons a year ago due to a decrease in the harvest caused by poor weather, according to ASAP Agri consultancy.Reuters
Thu, May 29
Glencore to manage all its coal assets out of single Australian unit
LONDON, May 29 (Reuters) - Glencore GLEN.L said on Thursday it has restructured its coal business by moving its recently acquired Canadian mines into a single unit run out of Australia, making it easy to manage.The Swiss-based miner and trader bought Canadian miner Teck Resources' coal assets fo...Reuters
Thu, May 29
Syria signs $7 bln power deal with Qatar's UCC Holding-led consortium
May 29 (Reuters) - Syria has signed a memorandum of understanding with a consortium of international companies led by Qatar's UCC Holding to develop major power generation projects with a foreign investment valued at about $7 billion, UCC said in a statement on Thursday.The agreement involves bu...Reuters
Thu, May 29
Freeport LNG export plant in Texas on track to return to full power, LSEG data shows
May 29 (Reuters) - U.S. liquefied natural gas company Freeport LNG's export plant in Texas was on track to take in more natural gas on Thursday after a small reduction on Wednesday, a sign the plant was heading back to full power, according to gas flow data from financial firm LSEG.Officials at ...Reuters
Thu, May 29
Hormel Foods tightens annual profit forecast amid weak retail demand
May 29 - Hormel Foods HRL.N tightened its annual profit forecast towards the lower end on Thursday, as the Skippy peanut butter maker struggles with supply chain issues and weak demand that may counter the benefits of its price hikes.Like peer Tyson Foods TSN.N, Hormel took consecutive price hikes i...Reuters
Thu, May 29
RPT-COLUMN-Record US clean power run rolls on through May: Maguire
By Gavin MaguireLITTLETON, Colorado, May 29 (Reuters) - The U.S. power system is on track to produce more electricity from clean power sources than from fossil fuels for the third straight month in May, establishing a record-long stretch for clean power generation in the country.Clean power sources ...Reuters
Thu, May 29
Freeport LNG export plant in Texas on track to return to full power, LSEG data shows
May 29 (Reuters) - U.S. liquefied natural gas company Freeport LNG's export plant in Texas was on track to take in more natural gas on Thursday after a small reduction on Wednesday, a sign the plant was heading back to full power, according to gas flow data from financial firm LSEG.Reuters
Thu, May 29
