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GRAINS-Soybeans tumble on doubts over US-China trade progress
Soybeans tumble on waning hopes for US-China trade dealWheat lower on ample global supplyCorn follows wheat lowerBy Heather Schlitz CHICAGO, Oct 10 (Reuters) - Chicago Board of Trade soybean futures plummeted on Friday as trade restrictions announced by China and escalating rhetoric from U.S. Pre...Reuters
Fri, Oct 10
Brazil to begin construction on TikTok data center in six months, minister says
SAO PAULO, Oct 10 (Reuters) - Construction on a TikTok data center in Brazil will begin in six months, an official said on Friday, with the project expected to bring in some 50 billion reais ($9.11 billion) in investment."Six months from now, we will begin construction to host TikTok's data ...Reuters
Fri, Oct 10
CIF/FOB Gulf Grain-Soy basis stays largely flat, China dispute worries traders
CHICAGO, Oct 10 (Reuters) - Basis bids were largely steady for soybeans shipped by barge to U.S. Gulf Coast terminals on Friday, traders said, as trade tensions escalated with top importer China. U.S. President Donald Trump said there was no reason to meet with China's President Xi Jinping in tw...Reuters
Fri, Oct 10
US Cash Crude-Grades mixed as refinery demand falls, rig count slips
Oct 10 (Reuters) - Grades were mixed on Friday, dealers said, as refinery demand weakened while the domestic oil rig count fell. Mexico's national oil company Pemex completed the shutdown of multiple units at its 312,500-barrel-per-day Deer Park, Texas, refinery on Thursday to begin a multi-u...Reuters
Fri, Oct 10
US natgas prices drop 5% to 2-week low on milder weather forecasts
March-April futures spread hits record low, indicating supply confidenceMilder weather forecasts reduce heating demandLNG export feedgas on track to hit monthly record highGas storage levels 4% above normal for this time of yearBy Scott DiSavino Oct 10 (Reuters) - U.S. natural gas futures dro...Reuters
Fri, Oct 10
OpenAI, Sur Energy weigh $25 billion Argentina data center project
BUENOS AIRES, Oct 10 (Reuters) - OpenAI and Sur Energy have signed a letter of intent for a data center project in Argentina requiring an investment of up to $25 billion, the South American nation's government said on Friday.The project would involve a large-scale facility with a capacity of up ...Reuters
Fri, Oct 10
China hits back on US port fees with retaliatory levies
China to impose extra port fees on US ships from October 14US to start imposing port fees on Chinese ships on same dayUS-China tensions have started to creep higher since SeptemberBy Ryan Woo, Naveen Thukral and Lisa Baertlein BEIJING/LOS ANGELES, Oct 10 (Reuters) - China will slap port fees on U...Reuters
Fri, Oct 10
Guinea charges 60 over deadly gold mine riot
CONAKRY, Oct 10 (Reuters) - Guinea has charged 60 people with arson, theft and murder after a deadly riot at the privately-owned Weily Mining firm in the northeastern gold-producing Siguiri region, prosecutors said on Friday.Unrest broke out on October 4 after locals demanded the release of 17 peopl...Reuters
Fri, Oct 10
PRECIOUS-Gold pares gains after brief run above $4,000/oz on Trump's China tariff warning
Gold hit a record high of $4,059.05 on WednesdaySilver hovers below record high of $51.22/oz hit on ThursdayPlatinum posts weekly loss, palladium sees weekly gainBy Anushree Mukherjee and Anmol Choubey Oct 10 (Reuters) - Gold pared some gains on Friday after briefly rallying above the $4,000 ...Reuters
Fri, Oct 10
Zelenskiy says Russia waited for bad weather for attack on energy sites
Oct 10 (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Friday that Russia deliberately waited for bad weather before staging a vast attack on Ukraine's energy system, adding the conditions reduced the efficiency of air defences by between 20% and 30%."The main assault was in four...Reuters
Fri, Oct 10
US Cash Grains-Corn basis steady-weak at ethanol plants
CHICAGO, Oct 10 (Reuters) - Basis bids for corn were mostly steady to weaker in the U.S. Midwest on Friday, spot checks showed, as harvesting continued in the region amid generally favorable weather, keeping elevators and processors adequately supplied with grain. Basis bids at ethanol facilities ha...Reuters
Fri, Oct 10
US drillers cut oil and gas rigs for first time in 6 weeks, Baker Hughes says
Rig count down 7% from last year, Baker Hughes saysPermian Basin rig count lowest since September 2021EIA projects rise in crude and gas outputBy Scott DiSavino Oct 10 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating, the first reduction in six weeks, e...Reuters
Fri, Oct 10
CORRECTED-FOCUS-Trump’s crackdown on EVs hits home in the Battery Belt
Battery Belt projects face uncertainty due to waning EV demand and policy changesAuto industry is installing many times more battery capacity than it will need, Reuters review showsFederal raid at Hyundai's Georgia plant marked another setback for one of the largest EV projectsBy Nora Eckert ...Reuters
Fri, Oct 10
Zelenskiy hopes for a meeting of coalition of willing this month
Oct 10 (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Friday that Russia deliberately waited for bad weather before attacking Ukraine's energy system with a vast bombardment, adding that the inclement conditions reduced the efficiency of air defences by between 20% and 30%.Speaking ...Reuters
Fri, Oct 10
US drillers cut oil and gas rigs for first time in six weeks, says Baker Hughes
By Scott DiSavino Oct 10 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating, the first reduction in six weeks, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.The oil and gas rig count, an early indicator of future ou...Reuters
Fri, Oct 10
Euronext wheat falls amid renewed US-China tensions
PARIS, Oct 10 (Reuters) - Euronext wheat eased on Friday in step with Chicago futures as criticism of China by U.S. President Donald Trump clouded prospects for resolving a trade dispute that has hit U.S. crop exports.Rising global wheat supply, highlighted by consultancy Sovecon's latest increa...Reuters
Fri, Oct 10
Pemex overhauling multiple units at Deer Park, Texas, refinery, sources say
By Erwin SebaHOUSTON, Oct 10 (Reuters) - Mexico's national oil company Pemex completed the shutdown of multiple units at its 312,500-barrel-per-day Deer Park, Texas, refinery on Thursday to begin a multi-unit overhaul, people familiar with plant operations said. The refinery's 270,000-bpd DU...Reuters
Fri, Oct 10
