News
Important Only
Three firms vie for Indian gas firm GAIL's tender to buy into US LNG project
By Nidhi Verma GOA, India, Jan 29 (Reuters) - Three companies are competing for GAIL India's GAIL.NS tender to acquire up to a 26% stake in a liquefied natural gas project in the United States, its Chairman Sandeep Kumar Gupta said on Thursday.Last year, GAIL issued a tender to buy up to a 26...Reuters
Thu, Jan 29
Nokia Expects 2026 Comparable Operating Profit At EUR 2.0 Bln-2.5 Bln
Jan 29 (Reuters) - Nokia Oyj NOKIA.HE:NOKIA Q4 EBIT EUR 540 MILLIONNOKIA Q4 EPS EUR 0.1NOKIA Q4 EBIT MARGIN 8.8%NOKIA Q4 SALES EUR 6,125 MILLION VERSUS. IBES ESTIMATE EUR 6,118 MILLIONPROPOSES DIVIDEND AUTHORIZATION OF EUR 0.14 PER SHARENOKIA SEES 2026 COMPARABLE OPERATING PROFIT AT EUR 2.0 BILLION ...Reuters
Thu, Jan 29
Global gold demand hits record high in 2025, WGC says
Investment overtook jewellery as top gold demand categoryTotal investment demand up 84% y/y in 2025, led by ETFsGold jewellery fabrication fell 19%, to remain weak in 2026Buying by central banks fell 21% to 863 tons, WGC estimatesLONDON, Jan 29 (Reuters) - Gold demand hit an all-time high last year ...Reuters
Thu, Jan 29
US moves away from critical mineral price floors, sources say
Jan 28 (Reuters) - The Trump administration is stepping back from plans to guarantee a minimum price for U.S. critical minerals projects, a tacit acknowledgment of a lack of congressional funding and the complexity of setting market pricing, multiple sources told Reuters.Reuters
Thu, Jan 29
EXCLUSIVE-Citgo buys first Venezuelan oil since 2019 from Trafigura, sources say
Citgo's U.S. refineries good match for Venezuelan crudeWashington has denied Venezuelan crude to Citgo since 2019Citgo purchased 500,000 barrel cargo of Venezuelan crude, sources sayBy Marianna Parraga and Shariq KhanHOUSTON/NEW YORK, Jan 28 (Reuters) - U.S. refiner Citgo Petroleum has bought Ve...Reuters
Thu, Jan 29
Vietnam, EU elevate diplomatic ties as international order "is under threat"
HANOI, Jan 29 (Reuters) - Vietnam and the European Union said on Thursday they elevated diplomatic relations, as both sides seek to expand international partnerships amid global disruptions. The largely diplomatic move entails no binding commitments but carries political weight at a time when t...Reuters
Thu, Jan 29
Kazakhstan says Chevron promises Tengiz will be operated reliably and safely
MOSCOW, Jan 29 (Reuters) - Kazakhstan said on Thursday that Chevron had assured the government that it would take measures to ensure the reliable and safe operation of facilities at the Tengiz oilfield.Kazakhstan said on Wednesday it was restarting the huge Tengiz oilfield in stages, aiming to reach...Reuters
Thu, Jan 29
Tungsten rises to record highs as export curbs turn up supply heat
China's mining quota cut by 6.5% in 2025Tungsten production ex-China remains fragmented, USGS data showsChina's curbs reduce tungsten exports by 40% yoy, analyst says Jan 29 (Reuters) - Tungsten prices have rocketed to record highs in January, fuelled by tightening inventory, Chinese ...Reuters
Thu, Jan 29
China clears Australian canola cargo, easing months-long approval delays
By Ella Cao and Naveen Thukral BEIJING/SINGAPORE, Jan 29 (Reuters) - A cargo of Australian canola that arrived in southern China this month has passed inspection, with processing at a crushing plant set to begin this week, two trade sources told Reuters on Thursday, easing concerns over delays in...Reuters
Thu, Jan 29
Vietnam hails upgrade of diplomatic ties with EU as 'historical milestone'
HANOI, Jan 29 (Reuters) - Vietnam and the European Union agreed to elevate diplomatic relations, Vietnam's president said on Thursday, as both sides seek to expand international partnerships amid disruptions caused by U.S. tariffs.The largely diplomatic move entails no binding commitments but ca...Reuters
Thu, Jan 29
Hang Seng Gold ETF jumps over 9% on debut as spot gold hits record
SHANGHAI, Jan 29 (Reuters) - The Hang Seng Gold ETF 3170.HK surged more than 9% on its trading debut in Hong Kong on Thursday as spot gold XAU= rallied to a record just below $5,600 an ounce, with investors seeking safety amid geopolitical and economic uncertainties.The Hang Seng Gold Exchange Trade...Reuters
Thu, Jan 29
TECHNICALS-US oil may rise to $64.62
For more technical analyses, click SINGAPORE, Jan 29 (Reuters) - U.S. oil CLc1 may break a resistance at $63.97 per barrel and rise to $64.62.A channel technique suggests a target of $64.62, the 161.8% projection level of a wave c from $60.16. The rise so far has been steady and healthy, moderately ...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
Oil prices rise for a third day on increasing concerns of Iran attack
By Sam Li and Trixie Yap BEIJING, Jan 29 (Reuters) - Oil prices rose for a third day on Thursday on increasing concerns the U.S. may carry out a military attack on key Middle Eastern producer Iran that could disrupt supply from the region.Brent crude futures LCOc1 rose 50 cents, or 0.73%, to $68....Reuters
Thu, Jan 29
Gold climbs above $5,500 for the first time on record
Gold price (XAU/USD) surges to a fresh record high of $5,579 before retreating to around $5,500 in early Asian trading on Thursday. The rally of the precious metal is bolstered by strong safe-haven demand amidst persistent geopolitical tensions, economic uncertainty, and a weaker US Dollar (USD).Fxstreet
Thu, Jan 29
Hog futures fall back after contract highs, winter weather in focus
Meanwhile, extreme cold and snow storms in the U.S. impacted all livestock futures, slowing processing operations and creating harsh conditions for animals raised outdoors, according to brokers. In a press release on Wednesday, the Texas Department of Agriculture said it had activated relief efforts...Reuters
Thu, Jan 29
US handing over seized tanker to Venezuela, officials say
By Idrees Ali and Phil Stewart WASHINGTON, Jan 28 (Reuters) - The United States is handing over to Venezuela a tanker that it seized this month, two U.S. officials told Reuters on Wednesday.The United States has been carrying out a months-long effort to seize oil tankers linked to Venezuela - car...Reuters
Thu, Jan 29
RPT-Russia hunts for new naphtha markets as key buyers pull back
Sanction risk leaves cargoes stranded or re-exportedWeak demand seen widening discounts on Russian barrels Premiums on non-sanctioned barrels seen rising By Mohi Narayan and Natalia Chumakova NEW DELHI/MOSCOW, Jan 28 (Reuters) - Russia's naphtha exports to Asia are set to fall in January, wit...Reuters
Thu, Jan 29
