News
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Architectural products firm Apogee Q2 net sales beat estimates
OverviewApogee Enterprises Inc Q2 net sales rise 4.6% to $358 mln, beating analyst expectationsAdjusted EPS for Q2 beats analyst expectations at $0.98Company's Q2 adjusted EBITDA margin fell due to lower prices and unfavorable mixOutlookCompany expects fiscal 2026 net sales of $1.39 bln to $1.4...Reuters
Thu, Oct 9
BLS bringing back staff to get inflation report out, reports say
Oct 9 (Reuters) - The U.S. Bureau of Labor Statistics is bringing some furloughed workers back in order to get the statistical agency's benchmark report on inflation out despite the wider shutdown of the federal government, the New York Times and Bloomberg reported on Thursday.A specific target ...Reuters
Thu, Oct 9
Microsoft's productivity software suite recovers after outage
Oct 9 (Reuters) - Microsoft MSFT.O said an outage of its suite of productivity software has been resolved on Thursday."We identified that a portion of network infrastructure in North America was misconfigured, resulting in impact," Microsoft 365 said on its status page on X.Initial reports h...Reuters
Thu, Oct 9
Colonial Pipeline to cut jobs, sources say
NEW YORK, Oct 9 (Reuters) - The Colonial Pipeline Company, operator of the largest U.S. fuel transportation system, informed employees this week that it is planning to cut some jobs, according to two sources familiar with the matter and a company statement."We shared with our employees this week...Reuters
Thu, Oct 9
CANADA-CRUDE-Discount on Western Canada Select widens
Oct 9 (Reuters) - The discount on Western Canada Select to North American benchmark West Texas Intermediate futures CLc1 widened on Thursday.WCS for November delivery in Hardisty, Alberta, settled at $10.60 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, compared to Wednesday&...Reuters
Thu, Oct 9
LIVESTOCK-Feeder cattle rise to new highs on tight supply, strong cash prices
By Karl Plume CHICAGO, Oct 9 (Reuters) - Chicago Mercantile Exchange feeder cattle futures rallied on Thursday to a record high on strong cash market prices and tight supplies linked to the U.S. suspension of Mexican imports due to the spread of screwworm south of the border.Live cattle followed ...Reuters
Thu, Oct 9
Venture Global Says Icc Issues Partial Final Award In Arbitration With BP
Oct 9 (Reuters) - BP PLC BP.L:VENTURE GLOBAL INC - ICC ISSUES PARTIAL FINAL AWARD IN ARBITRATION WITH BP - SEC FILINGVENTURE GLOBAL INC - BP SEEKS DAMAGES IN EXCESS OF $1.0 BILLION - SEC FILINGVENTURE GLOBAL INC: SETTLEMENT HAS NO MATERIAL IMPACT ON VENTURE GLOBAL - SEC FILINGVENTURE GLOBAL INC - RE...Reuters
Thu, Oct 9
Trump administration proposes to bar Chinese airlines from overflying Russia on US flights
WASHINGTON, Oct 9 (Reuters) - The Trump administration on Thursday proposed banning Chinese airlines from overflying Russia on flights to and from the United States.U.S. airlines have long criticized the decision to allow Chinese carriers to overfly Russia on some flights when the U.S. government ha...Reuters
Thu, Oct 9
BP wins arbitration case against Venture Global over LNG cargoes
HOUSTON, Oct 9 (Reuters) - BP BP.L has won its arbitration case against Venture Global VG.N over the U.S. supplier's failure to deliver liquefied natural gas under a long-term contract that was due to start in late 2022, Venture Global said on Thursday.Reuters
Thu, Oct 9
US grants license for Shell, Trinidad to develop Venezuelan gas field, official says
Shell completed marine survey in Q2 to determine drilling locations, pipeline designFirst stage of new license allows parties to negotiate through April 2026US companies must be included in the projectBy Curtis Williams Oct 9 (Reuters) - The U.S. government has granted an authorization for energy...Reuters
Thu, Oct 9
US declines to sign World Bank directors' joint statement on climate agenda
Most World Bank directors signed the statementStatement calls for continuing 45% pledge for climate financeIMF, World Bank preparing for annual meetings next week WASHINGTON, Oct 9 (Reuters) - Nineteen of the World Bank's 25 executive directors issued a joint statement this week affirming t...Reuters
Thu, Oct 9
US Cash Crude-Grades mixed as global supply concerns ease, WTI/Brent spread stays wide
Oct 9 (Reuters) - Grades were mixed on Thursday, dealers said, as investors weighed easing global supply concerns following a ceasefire in Gaza, against a wide WTI/Brent spread. Israel and the Palestinian militant group Hamas signed an agreement on Thursday to cease fire and free Israeli hostages...Reuters
Thu, Oct 9
Deals of the day-Mergers and acquisitions
October 9 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:** Italy's Monte dei Paschi BMPS.MI bank is focused on completing its integration with Mediobanca MDBI.MI as quickly as possible, its CEO said, when asked about potential interest...Reuters
Thu, Oct 9
ICE canola futures nearly flat as loonie counteracts soyoil
WINNIPEG, Manitoba, Oct 9 (Reuters) - ICE canola futures bounced around but settled nearly flat on Thursday, as a weaker Canadian dollar counteracted the downdraft of Chicago soyoil.• November canola RSX5 settled down 10 cents at $616.90 per metric ton. January settled up 40 cents at $631.40.• A tra...Reuters
Thu, Oct 9
GRAINS-Soybeans slip on profit-taking, China trade worries
By Karl Plume CHICAGO, Oct 9 (Reuters) - U.S. soybean futures retreated on Thursday after two days of gains, pressured by profit taking and technical selling and on growing concerns about a promised farmer aid package and a breakthrough in U.S.-China trade negotiations.Corn futures followed soybe...Reuters
Thu, Oct 9
Argentina mining investment on pause as midterm elections loom
By Lucila SigalBUENOS AIRES, Oct 9 (Reuters) - Political uncertainty ahead of Argentina's October midterm elections is holding back investment decisions in the mining sector, the country's main industry group said on Thursday, warning that instability and unclear policy signals are delaying ...Reuters
Thu, Oct 9
Oil settles 1.6% lower after Gaza ceasefire
Israel and Hamas agree to Gaza ceasefire, return of hostagesStalled peace talks in Ukraine underpin pricesIndia-US trade talks progressUS imposes sanctions on China refinery, others for Iran oil purchasesBy Arathy Somasekhar HOUSTON, Oct 9 (Reuters) - Oil prices settled lower on Thursday after Is...Reuters
Thu, Oct 9
CBOT wheat ends mixed on bargain buying, big global supply
CHICAGO, Oct 9 (Reuters) - Chicago Board of Trade wheat futures ended narrowly mixed on Thursday as abundant global supplies retrained gains stemming from bargain buying after the market's drop to near-five-year lows, analysts said.CBOT December soft red winter wheat WZ25 settled 3/4 cent lower ...Reuters
Thu, Oct 9
