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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
Kremlin declines to comment on reports of 'energy ceasefire' in Ukraine
MOSCOW, Jan 29 (Reuters) - Kremlin spokesman Dmitry Peskov declined to comment on Thursday on reports by Russian military bloggers and Ukrainian media that the two countries had agreed to a ceasefire in attacks on each other's energy infrastructure.Reuters
Thu, Jan 29
Gold: Rally continues with all-time highs – UOB Group
Gold prices surged to an all-time high above $5,500/oz, driven by US dollar weakness and expectations of further monetary easing from the Federal Reserve. The precious metal extended its rally, marking significant gains in recent sessions, notes UOB Global Economics & Markets Research.
Fxstreet
Thu, Jan 29
Brent: Prices rise amid geopolitical tensions – Deutsche Bank
Deutsche Bank's report notes that Brent Oil prices have increased due to rising geopolitical tensions, particularly concerning Iran. The report mentions that Brent is trading at its highest since late-September, with a notable rise of 1.23% and further gains observed in the following morning.
Fxstreet
Thu, Jan 29
Singapore fuel oil inventories extend slide to over eight-month lows
SINGAPORE, Jan 29 (Reuters) - Singapore onshore fuel oil stockpiles fell to their lowest in more than eight months as imports slumped for the week, data showed on Thursday. Inventories slipped 14.7% from the previous week to 19.94 million barrels (about 3.14 million metric tons) in the week to Janu...Reuters
Thu, Jan 29
Glencore reports 2025 copper output fell 11% as Rio Tinto tie-up looms
Market awaits possible takeover offer from Rio TintoGlencore aims to increase copper output through new and restarted minesCobalt output also declines LONDON, Jan 29 (Reuters) - Glencore's GLEN.L copper production declined by 11% in 2025, though higher copper grades and recoveries at several ...Reuters
Thu, Jan 29
TABLE-North Sea gas maintenance schedule: Revises Barrow (North Terminal) outage
Jan 29 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUTAG...Reuters
Thu, Jan 29
Glencore reports 11% drop in 2025 copper output
LONDON, Jan 29 (Reuters) - Glencore GLEN.L on Thursday reported an 11% decline in copper production for 2025, though higher copper grades and improved recoveries at several mines boosted output in the second half.The company said 2025 copper production was 851,600 metric tons, the lower end of its e...Reuters
Thu, Jan 29
FACTBOX-More than 296,000 customers still without power as winter storm freezes much of the US
Jan 29 (Reuters) - A severe winter storm that brought heavy snow, sleet and freezing rain has left more than 296,000 homes and businesses without power across a swath of the U.S., from the Ohio Valley and mid-South region to New England. The hardest-hit utilities included Nashville Elec...Reuters
Thu, Jan 29
Taiwan military practices repelling a Chinese assault from the sea
Taiwan military carrying out pre-Lunar New Year drillsTaiwan focusing more on combat-oriented exercisesChina's latest war games around Taiwan were in late DecemberBy Yi-Chin Lee and Ann Wang KAOHSIUNG, Taiwan, Jan 29 (Reuters) - Taiwan's military on Thursday simulated repelling a Chinese ...Reuters
Thu, Jan 29
