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Merz says Ukraine, Germany to jointly produce long-range missiles
Zelenskiy visits Berlin for talks with new Chancellor MerzMerz has struck a more hawkish tone on Russia than predecessorVows to keep hiking pressure on KremlinZelenskiy says Berlin will help Kyiv scale up arms productionBy Sarah Marsh and Yuliia Dysa BERLIN/KYIV, May 28 (Reuters) - Germany and Uk...Reuters
Wed, May 28
US natgas prices climb 2% to 2-week high on lower output, higher demand forecasts
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 DiSavinoMay 28 (Reuters) - U.S. natural gas futures climbed about 2% to a two-week high on Wednesday on a drop in output, forecasts for more demand next week than...Reuters
Wed, May 28
BMW, Mercedes, VW seek tariff relief in return for US investment, Handelsblatt reports
BERLIN, May 28 (Reuters) - German carmakers BMW BMWG.DE, Mercedes-Benz MBGn.DE and Volkswagen VOWG.DE are in talks with the U.S. Department of Commerce on a tariff deal that would involve a mechanism to offset imports and exports, the Handelsblatt business daily reported on Wednesday.In return for t...Reuters
Wed, May 28
U.S. nuclear power plant outages
May 28 (Reuters) - The following table lists total U.S. nuclear power generation capacity and the capacity offline due to planned and unplanned reasons, according to the daily data from the U.S. Nuclear Regulatory Commission.Total capacity EL-USTOTCAP-MW ......... 96,986 MW Total ...Reuters
Wed, May 28
CBOT Trends-Wheat up 2-3 cents, corn steady-up 1, soybeans down 3-4
CHICAGO, May 28 (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 Wednesday. WHEAT - Up 2 to 3 cents per bushelCBOT wheat futures rose after U.S. crop ratings came in below market expec...Reuters
Wed, May 28
Any US-Iran deal should include 'robust' IAEA inspections, Grossi says
2015 nuclear deal unravelled after Trump pulled US out in 2018Tehran has expanded uranium enrichment, scaled back IAEA oversightIAEA chief Grossi says both sides' positions can be reconciledBy Francois Murphy VIENNA, May 28 (Reuters) - Any deal between Iran and the U.S. that would impose fres...Reuters
Wed, May 28
PRECIOUS-Gold firms as investors buy the dip ahead of Fed's meeting minutes
U.S. core PCE data due on FridayFed's latest meeting minutes due later in the dayGold could climb on lower-than-expected PCE prints, analyst saysBy Anushree Mukherjee May 28 (Reuters) - Gold firmed on Wednesday as investors bought the dip after prices declined in the previous session, while m...Reuters
Wed, May 28
RPT-COLUMN-Key US clean energy charts that track Trump's tax bill impact: Maguire
By Gavin Maguire LITTLETON, Colorado, May 28 (Reuters) - U.S. President Donald Trump's sweeping tax and spending bill calls for drastic cuts to clean energy tax credits that have been major drivers of the boom seen in utility-scale renewable power and battery capacity over the past three year...Reuters
Wed, May 28
Syria to sign deal to potentially double electricity supply with Qatar's UCC, others
DOHA, May 28 (Reuters) - The Syrian government is to sign a deal with four companies on Thursday to expand its electrical grid by 5,000 megawatts, potentially doubling supply in a country that has suffered severe power shortages after more than a decade of conflict.State-supplied electricity is avai...Reuters
Wed, May 28
OPEC+ may discuss 2027 baselines and agree July hike this week, sources say
Full OPEC+ meeting takes place on WednesdayEight OPEC+ members meet on Saturday to decide on July outputWednesday's meeting scheduled to begin at 1300 GMT, sources say For an EXPLAINER on OPEC+ output cuts, By Olesya Astakhova, Ahmad Ghaddar and Alex Lawler LONDON/MOSCOW, May 28 (Reuters) - ...Reuters
Wed, May 28
PRESS DIGEST-Canada - May 28
May 28 (Reuters) - The following are the top stories from The Globe and Mail. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL- Definity Financial DFY.TO is set to acquire the Canadian operations of U.S. insurance giant Travelers TRV.N for $3.3-billion,...Reuters
Wed, May 28
Four firms including Qatar's UCC to expand Syrian power grid
DOHA, May 28 (Reuters) - The Syrian government is set to sign deal on Thursday with four companies to expand its electrical grid by 5,000 megawatts through the development of gas turbines and solar plants, according to a company media invitation.The agreement launching the Syria Power Revival Initia...Reuters
Wed, May 28
GRAINS-Wheat rebounds on lower-than-expected US crop ratings
CANBERRA/PARIS, May 28 (Reuters) - Chicago wheat rose on Wednesday after U.S. crop ratings came in below market expectations, though prices remained within sight of a five-year low amid broadly favourable harvest prospects in the northern hemisphere and sluggish international demand.Corn futures als...Reuters
Wed, May 28
BW Offshore Acquires FPSO Nganhurra
May 28 (Reuters) - BW Offshore Ltd BWO.OL:ACQUIRES FPSO NGANHURRA TO LEVERAGE REDEPLOYMENT OPPORTUNITIESTRANSACTION INCLUDES A LIMITED UPFRONT PAYMENT, WITH ADDITIONAL CONSIDERATION CONTINGENT UPON SUCCESSFUL REDEPLOYMENT OF UNIT BEFORE JUNE 2027.UNIT WILL HAVE MINIMAL LAY-UP COSTS AND PRESENTS LIMI...Reuters
Wed, May 28
Ex-analyst sues Freepoint Commodities, alleges pressure to facilitate insider trading
Former analyst claims Freepoint execs sought insider informationFreepoint denies allegations, says performance led to dismissalSeveral traders and analysts recently departed Freepoint, sources sayBy Shariq Khan and Georgina McCartney NEW YORK/HOUSTON, May 28 (Reuters) - A former senior analyst at...Reuters
Wed, May 28
Heidelberg Materials expects infrastructure boom to fuel profit growth by 2030
By Christoph Steitz and Ilona WissenbachFRANKFURT, May 28 (Reuters) - Heidelberg Materials, the world's second-biggest cement maker, said on Wednesday it expects operating profit growth in the medium-term to 2030 to be driven by five megatrends, including higher defence spending and a growing de...Reuters
Wed, May 28
Exxon Mobil to sell French subsidiary Esso to Canadian energy group
By Alban Kacher May 28 (Reuters) - Energy major ExxonMobil XOM.N has entered into exclusive negotiations with the French unit of Canadian energy group North Atlantic to divest its majority-owned French subsidiary Esso ESSF.PA, it said on Wednesday.The sale is expected to take place in the last qu...Reuters
Wed, May 28
