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GRAINS-Wheat eases after USDA warns of steep drop in harvest
Beijing, May 13 (Reuters) - Chicago Board of Trade wheat fell on Wednesday after climbing to its daily trading limit in the previous session, following the U.S. Department of Agriculture's estimate that the nation's harvest will drop to the lowest level since 1972.Corn and soybeans rose.The ...Reuters
12 hours ago
GRAINS-Wheat eases after USDA warns of steep drop in harvest
Beijing, May 13 (Reuters) - Chicago Board of Trade wheat fell on Wednesday after climbing to its daily trading limit in the previous session, following the U.S. Department of Agriculture's estimate that the nation's harvest will drop to the lowest level since 1972.Corn rose while soybeans we...Reuters
12 hours ago
Li-S Energy Secures Key Approvals To Ship Cells To USA
May 13 (Reuters) - Li-S Energy Ltd LIS.AX:LIS SECURES KEY APPROVALS TO SHIP CELLS TO THE USAAPPROVALS GRANTED BY CASA IN AUSTRALIA AND PHMSA/FAA IN UNITED STATESSECURES AIR TRANSPORT APPROVALS IN AUSTRALIA AND USA FOR LITHIUM-SULFUR CELLSAPPROVALS OPEN DIRECT PATHWAY FOR LI-S ENERGY INTO US DEFENCE ...Reuters
13 hours ago
WRAPUP 9-Trump says he does not need China's help to end Iran war, Tehran tightens grip on Hormuz
Trump projects confidence on Iran ahead of China summitTrump says Americans' financial pain has no bearing on war strategyIran strikes export deals with Pakistan and Iraq, sources sayUS voters say Trump has not explained war aimsBy Gram Slattery, Marwa Rashad and Ahmed Rasheed WASHINGTON/LOND...Reuters
13 hours ago
Oil prices slip on teetering Iran ceasefire as Trump heads to China
Oil prices remain above $100 per barrelInvestors await Trump-Xi meeting in BeijingUS inflation posts largest gain in three yearsBy Katya Golubkova TOKYO, May 13 (Reuters) - Oil prices fell on Wednesday after rising in three consecutive sessions, as investors awaited developments around the fragil...Reuters
13 hours ago
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, May 13 (Reuters) - Contract Target Support/Resistance Brent oil (1st month)$108.17/$108.83/$109.92sup $107.08/$106.08/$105.34Palm oil (3rd month)4,517/4,537 ringgitsup 4,459/4,432/4,400 ringgitWTI(1st month)$102.94/$103.97sup $100.65/$99.86/$98.59...Reuters
14 hours ago
JBS Posts 56% Drop in Q1 Net Profit Amid Challenges in North American Operations
Brazil's JBS JBS.N, the world's largest meatpacker, posted a 56% decline in its first-quarter net profit on Tuesday, missing market estimates as the firm grappled with challenges across its beef and poultry operations in North America.Reuters
14 hours ago
Gold Edges Higher Above $4,700 Despite Hotter US Inflation, Trump–xi Summit in Focus
Gold price (XAU/USD) trades with mild gains near $4,720 during the early Asian session on Wednesday. However, the potential upside for the precious metal might be limited due to hotter-than-expected US inflation and shifting geopolitical tensions.
Fxstreet
14 hours ago
US President Donald Trump Says Iran Must Make Deal or Face Renewed Attacks
US President Donald Trump said that “we have Iran very much under control.” But also reiterated that “we’re either going to make a deal, or they’re going to be decimated,” the New York Times reported on Tuesday.Fxstreet
14 hours ago
RPT-At Temple of Heaven summit, Trump and Xi will seek a good harvest
Temple of Heaven projects China's imperial legitimacyXi chooses a historic stage rich in cultural symbolismTrump hoping for more crop purchases by ChinaBy Mei Mei Chu BEIJING, May 12 (Reuters) - Chinese emperors once prayed for bumper crops under the blue-tiled, triple-eaved roof of Beijing&#...Reuters
14 hours ago
Fervo Energy raises $1.89 billion in US IPO
May 12 (Reuters) - Geothermal energy developer Fervo Energy said on Tuesday it has raised $1.89 billion in its upsized U.S. initial public offering, highlighting robust investor appetite for the listing.The Houston-based company sold 70 million shares at $27 apiece, securing a valuation of roughly $...Reuters
14 hours ago
Fervo Energy announces pricing of its upsized initial public offering
May 12 (Reuters) - FERVO ENERGY: ANNOUNCES PRICING OF ITS UPSIZED INITIAL PUBLIC OFFERINGFERVO - PRICING OF ITS UPSIZED IPO OF 70 MILLION SHARES OF ITS CLASS A COMMON STOCK AT $27.00 PER SHAREFurther company coverage: [ ]Reuters
15 hours ago
TanGo enters Argentina's Vaca Muerta with shale concessions
BUENOS AIRES, May 12 (Reuters) - TanGo Energy Argentina said on Tuesday it had secured three unconventional oil and gas concessions in Rio Negro province, giving it a foothold in Vaca Muerta, the shale formation at the center of Argentina's drive to raise energy output and exports.The blocks spa...Reuters
15 hours ago
US Cash Grains-Corn and soybean basis bids largely steady
CHICAGO, May 12 (Reuters) - Basis bids for corn and soybeans were mostly flat in a spot check of locations in the U.S. Midwest on Tuesday, as futures rose. The basis for corn rose 1 cent at a river terminal in Morris, Illinois. The soybean basis fell 2 cents at a river terminal in Davenport, Iowa. C...Reuters
15 hours ago
Union says BP delaying negotiations following Whiting refinery lockout
May 12 (Reuters) - BP has not resumed contract talks with a U.S. steelworkers’ union since locking out more than 800 workers at its Whiting, Indiana, refinery in March, the union said on Tuesday, accusing the company of delaying negotiations while claiming publicly it wants to bargain.The United Ste...Reuters
16 hours ago
Mexico's Salina Cruz refinery partially shut after fire, IIR Energy says
Units tied to diesel and gasoline additives affected in Salina Cruz outage - IIR EnergyOutage compounds global fuel supply concerns caused by Iran warRefinery projected to restart on May 14 - IIR EnergyBy Shubham Kalia, Shariq Khan and Raul CortesMay 12 (Reuters) - Mexico's state oil company Pem...Reuters
16 hours ago
CORRECTED-Tecogen posts smaller than expected drop in Q1 revenue, but net loss widens
OverviewU.S. clean energy equipment maker's Q1 revenue fell 13%, less than analysts' expectationsNet loss widened to $2.12 mln, driven by lower products segment revenue and higher expensesCompany expects cost cuts to reduce cash burn and impact results in Q3OutlookTecogen expects lower cash ...Reuters
16 hours ago
USDA Revokes Approved Lender Status Of Ten Lenders Irresponsible Lending Has No Place In Government Programs
May 12 (Reuters) - USDA REVOKES APPROVED LENDER STATUS OF TEN LENDERS: IRRESPONSIBLE LENDING HAS NO PLACE IN GOVERNMENT PROGRAMSSource text: [ID:]Further company coverage: [ ]Reuters
16 hours ago
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