News
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Elettrica EV launch marks Ferrari's push for 20% electric lineup by 2030
Sets 2030 EV share target to 20% of rangePrevious target for EV share was 40%Ferrari to roll out 4 new models per year in 2026-2030Deliveries of first EV to start in 2026 MARANELLO, Italy, Oct 9 (Reuters) - Ferrari RACE.MI will keep petrol and hybrid models at the heart of its lineup in coming ye...Reuters
Thu, Oct 9
UK's Johnson Matthey sees annual profit at top end of forecast
Oct 9 (Reuters) - British chemicals firm Johnson Matthey JMAT.L said on Thursday it expects its annual profit to come in at the higher end of its initial forecast range, buoyed by favourable precious metal prices and currency movements.The company had previously forecast its underlying operating pro...Reuters
Thu, Oct 9
METALS-Shanghai copper hits over 16-month high on supply concerns
SHANGHAI, Oct 9 (Reuters) - Shanghai copper jumped to a more than 16-month high on Thursday as trading resumed in China after the National Day holiday, with concerns over supply from major mines supporting prices in an already tight market.The most-traded copper contract on the Shanghai Futures Exch...Reuters
Thu, Oct 9
Zelenskiy says Russia likely facing 20% gasoline shortage after Ukrainian attacks
KYIV, Oct 9 (Reuters) - Ukrainian long-range strikes on Russian energy facilities may have resulted in gasoline shortages of up to 20%, President Volodymyr Zelenskiy said at a briefing.In remarks released on Thursday, he added that Kyiv's forces had used domestically produced Neptune and Flaming...Reuters
Thu, Oct 9
PRECIOUS-Gold takes a breather after safe-haven demand fuels record run
Israel, Hamas agree to Trump's phase one plan for end to warFed officials say labour market risks high enough for rate cuts93% and 78% chances of rate cuts in October, December, respectively - CME FedWatchBy Ishaan Arora Oct 9 (Reuters) - Gold took a breather from a record run on Thursday, as...Reuters
Thu, Oct 9
WTI edges higher above $61.50 as US crude oil inventories rise
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.70 during the Asian trading hours on Thursday. The WTI gains traction amid a larger-than-expected crude inventory build. However, easing geopolitical tensions in the Middle East might cap its upside.Fxstreet
Thu, Oct 9
Indonesia asks Freeport to conduct evaluation after fatal mud flow accident
JAKARTA, Oct 9 (Reuters) - Indonesia has asked miner Freeport FCX.N to conduct an evaluation after a mud flow disaster at its Grasberg copper and gold mine, which killed seven workers, a mining ministry official said on Thursday.Reuters
Thu, Oct 9
TABLE-North Sea gas maintenance schedule: Adds St. Fergus outage
Oct 8 (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.OPERATORLOCATIONOUTAGE...Reuters
Thu, Oct 9
Capstone Copper's investor launches $454 million block trade, term sheet shows
By Scott MurdochSYDNEY, Oct 9 (Reuters) - Hadrian Capital Partners is selling down an A$688 million ($454.1 million) dollar stake in dual-listed Capstone Copper CS.TO on Thursday, according to a term sheet seen by Reuters.The investor is selling 50 million ASX Chess Depository Interests (CDI) in th...Reuters
Thu, Oct 9
Nuclear fusion firm Gauss unveils Europe's first power plant design
FRANKFURT, Oct 9 (Reuters) - Gauss Fusion, a German technology company, said on Thursday it will hand over Europe's first fusion power plant design to the German chancellery within ten days.Gauss Fusion CEO Milena Roveda was scheduled to present the design at a climate congress hosted by Germany...Reuters
Thu, Oct 9
Russia's Rosatom preparing to restart Zaporizhzhia nuclear power plant, RIA reports
MOSCOW, Oct 9 (Reuters) - Russia's state nuclear corporation Rosatom is preparing to restart the Zaporizhzhia nuclear plant, Russian state news agency RIA Novosti reported on Thursday.The situation at the nuclear power plant does not cause concern from a nuclear safety perspective, RIA reported....Reuters
Thu, Oct 9
Capstone Copper's investor launches $454 million block trade, term sheet shows
SYDNEY, Oct 9 (Reuters) - Hadrian Capital Partners is selling down an A$688 million ($454.08 million) dollar stake in dual-listed Capstone Copper CS.TO on Thursday, according to a term sheet seen by Reuters.The investor is selling 50 million ASX Chess Depository Interests (CDI) in the company at $1...Reuters
Thu, Oct 9
Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $62.24 per barrel, up from Wednesday’s close at $61.92.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $65.81 price posted on Wednesday, and trading at $66.13.Fxstreet
Thu, Oct 9
Poland - Factors to Watch October 9
WARSAW, Oct 9 (Reuters) - The following are significant news stories, press reports and events on Thursday. ALL TIMES GMT (Poland: GMT + 2 hours):INTEREST RATESPoland's central bank cut its main interest rate by another 25 basis points to 4.50% on Wednesday after inflation eased further, wage gr...Reuters
Thu, Oct 9
PRESS DIGEST-New York Times business news - October 9
Oct 9 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- Base Power, a battery-focused power company, raises $1 billion in new funding, which values the company at about $3 billion.- A gro...Reuters
Thu, Oct 9
Gold retreats from all-time peak as Israel-Hamas peace deal tempers safe-haven demand
Gold (XAU/USD) drifts lower during the Asian session on Thursday and now seems to have snapped a four-day winning streak to a fresh all-time peak, around the $4,059-4,060 area touched the previous day.
Fxstreet
Thu, Oct 9
GRAINS-Soybeans slip from 3-week highs amid ample supply
CANBERRA, Oct 9 (Reuters) - Chicago soybean futures fell on Thursday on ample supply but prices remained near three-week highs amid expectations that U.S. harvest yields will be below the most recent government forecast and hopes that China will revive U.S. purchases. Corn futures were flat, with tr...Reuters
Thu, Oct 9
