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PRESS DIGEST-Canada - Oct 10
Oct 9 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL** South Bow SOBO.TO says it is exploring ways to leverage existing oil pipeline corridors to increase crude exports, ...Reuters
Thu, Oct 9
PRECIOUS-Gold holds above $4,000; silver hits record high
Israel, Hamas agree to Trump's phase one plan for end to warFed officials say labour market risks high enough for rate cutsSilver hits record high, palladium more than 2-year highBy Anmol Choubey Oct 9 (Reuters) - Gold prices held above $4,000 an ounce on Thursday as investors assessed the Is...Reuters
Thu, Oct 9
Gold Price Forecast: XAU/USD bounces up, looks to the $4,060 record high
Gold’s reversal has been contained above the $4,000 psychological level, and the precious metal appreciates again on Thursday, trading at $4035 at the moment of writing, with the $4,060 record high at a short distance.Precious metals remain bid on Thursday.
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Thu, Oct 9
Deals of the day-Mergers and acquisitions
October 9 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Thursday: ** Lloyds Banking Group said it would buy out Schroders' 49.9% stake in the wealth joint venture formed by the two firms in 2019.nL6N3VK05S **...Reuters
Thu, Oct 9
China expands rare earths export restrictions to new elements
BEIJING, Oct 9 (Reuters) - China said on Thursday it would add several new rare earth elements to its export control list in a further tightening of its controls over the critical materials.The elements holmium, erbium, thulium, europium and ytterbium and related materials would be added to the exis...Reuters
Thu, Oct 9
Trump keeps allies guessing on more Russia sanctions, says EU sanctions envoy
G7 nations agree to coordinate tougher sanctions on RussiaBut Trump's view on more measures "the great unknown of the situation" - EU sanctions chiefChina won't engage with EU on circumvention - EU sanctions chiefEU expected to list Chinese refineriesBy Julia Payne BRUSSELS, Oct 8...Reuters
Thu, Oct 9
India extends deadline for first annual US LPG import tender to Oct 17, sources say
By Nidhi Verma and Mohi Narayan NEW DELHI, Oct 9 (Reuters) - Indian state refiners have extended the closing deadline for their first joint long-term tender for importing liquefied petroleum gas (LPG) from the United States in 2026 by a week to October 17, trade sources said on Thursday.India pla...Reuters
Thu, Oct 9
ASIA COFFEE-Vietnam output expected to rise 10%-15% on good weather
By Phuong Nguyen and Mas Alina Arifin HANOI, Oct 9 (Reuters) - Vietnam is expected to produce 10% to 15% more good quality coffee beans this harvest season thanks to favourable weather conditions, traders said on Thursday. In the Central Highlands, its largest coffee-growing region, farmers ...Reuters
Thu, Oct 9
Germany's Merz heads to auto execs meeting without unified stance on EU's 2035 target
BERLIN, Oct 9 (Reuters) - Chancellor Friedrich Merz will meet executives from top German automakers later on Thursday without a unified government position on the European Union's plans to end the sale of carbon dioxide-emitting cars from 2035, he told journalists. Thursday's statement backs...Reuters
Thu, Oct 9
PRECIOUS-Gold holds above $4,000 as investors assess Israel-Hamas deal
Israel, Hamas agree to Trump's phase one plan for end to warFed officials say labour market risks high enough for rate cutsSilver hovers near record high, palladium hit over 2-year highBy Anmol Choubey Oct 9 (Reuters) - Gold prices held above the $4,000 level on Thursday, as investors assesse...Reuters
Thu, Oct 9
Nestle quits global alliance on reducing dairy methane emissions
By Alexander Marrow LONDON, Oct 8 (Reuters) - Food group Nestle NESN.S said on Wednesday it had withdrawn from a global alliance for cutting methane emissions that aims to reduce the impact of dairy farming on global warming. The Dairy Methane Action Alliance was launched in December 2023, with m...Reuters
Thu, Oct 9
Dollar anxiety drives precious metals rally as gold trade gets crowded
Trump's policies raise global anxiety, boosting precious metalsGold rally lifts central banks' bullion holdings above U.S. Treasury bondsSilver at record, crosses $49/ouncePlatinum year's best performing precious metalBy Gregor Stuart Hunter SINGAPORE, Oct 9 (Reuters) - The surge in g...Reuters
Thu, Oct 9
INSIGHT-Russia's industrial titans furlough workers as its war economy stalls
Cutting costs, firms aim to trim work days, not jobsRailway, construction, auto and mining sectors affectedMove highlights pressure on Russia's war economyNon-military sectors shrank 5.4% since JanuaryBy Anastasia Lyrchikova and Gleb Stolyarov MOSCOW, Oct 9 (Reuters) - From railways and autom...Reuters
Thu, Oct 9
Singapore fuel oil stockpiles drop to two-week low
SINGAPORE, Oct 9 (Reuters) - Onshore fuel oil stockpiles in Singapore retreated to a two-week low after imports fell, official data showed on Thursday. Inventories for residual fuels STKRS-SIN fell to 23.67 million barrels (about 3.73 million metric tons) in the week to October 8, down 3.6% from the...Reuters
Thu, Oct 9
Citgo Petroleum Reports Emissions Event At Lemont, Illinois, Refinery
Oct 9 (Reuters) - CITGO PETROLEUM CORP: REPORTS EMISSIONS EVENT AT LEMONT, ILLINOIS REFINERY DUE TO COMPRESSOR MALFUNCTION ON OCT 8, 2025SOURCE: ILLINOIS EMERGENCY MANAGEMENT AGENCY FILINGREFINERY CAPACITY: 184,414 BARRELS PER DAYReuters
Thu, Oct 9
