News
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Nippon Steel buys 30% stake of Canada's Kami iron ore project
TOKYO, Sept 30 (Reuters) - Japan's Nippon Steel 5401.T said on Tuesday it had bought a 30% stake in Canada's Kami iron ore project, forming a joint venture with Australia's Champion Iron CIA.AX and Sojitz 2768.T to secure high-grade ore supplies for direct reduced iron.Japan's top st...Reuters
Tue, Sep 30
CORRECTED-IPO-bound Indian EV startup Simple Energy plans aggressive expansion by 2029
By Meenakshi Maidas and Yagnoseni Das Sept 30 (Reuters) - Simple Energy, an Indian electric two-wheeler manufacturer that plans to go public next year, is aiming for a 19-fold jump in retail presence by 2029 as it accelerates expansion in northern India to compete with industry giants, a top exec...Reuters
Tue, Sep 30
Iata Says August Total Demand Rose By 4.1% Y/Y
Sept 30 (Reuters) - IATA: AUGUST TOTAL DEMAND, MEASURED IN CARGO TONNE-KILOMETERS (CTK), ROSE BY 4.1% COMPARED TO AUGUST 2024 LEVELS (+5.1% FOR INTERNATIONAL OPERATIONS) CAPACITY, MEASURED IN AVAILABLE CARGO TONNE-KILOMETERS (ACTK), INCREASED BY 3.7% COMPARED TO AUGUST 2024 (+5.5% FOR INTERNATIONAL ...Reuters
Tue, Sep 30
METALS-Shanghai tin hits near six-month high on Indonesia supply concerns
SHANGHAI, Sept 30 (Reuters) - Shanghai tin rose to a near six-month high on Tuesday, supported by supply fears following reports of a crackdown on illegal mining in key producer Indonesia.Indonesian President Prabowo Subianto has ordered the closures of about 1,000 illegal tin mines on the island of...Reuters
Tue, Sep 30
Tanker carrying 7th sanctioned Arctic LNG 2 cargo berths at China port
BEIJING/SINGAPORE, Sept 30 (Reuters) - A liquefied natural gas (LNG) tanker carrying cargo from Russia's sanctioned Arctic LNG 2 project berthed at China's Beihai terminal on Tuesday, according to ship-tracking data from Kpler and LSEG. If the tanker discharges its cargo, that would make it ...Reuters
Tue, Sep 30
Crew of Dutch cargo ship safely transferred to Djibouti, says EU maritime mission
DUBAI, Sept 30 (Reuters) - Crew from the Dutch-flagged cargo ship Minervagracht have been safely transferred to Djibouti after an attack with an explosive device required them to be rescued by helicopter the previous day, the EU maritime mission Aspides said on Tuesday. The vessel remains adrift in ...Reuters
Tue, Sep 30
TABLE-North Sea gas maintenance schedule: Adds Hill Top outage
Sept 30 (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.OPERATORLOCATIONOUTA...Reuters
Tue, Sep 30
TECHNICALS-CBOT soybeans poised to fall toward $9.95-1/4 to $10.01-1/2 range
For more technical analyses, please click SINGAPORE, Sept 30 (Reuters) - The CBOT soybean November contract SX25 is poised to break support at $10.05 per bushel and fall toward $9.95-1/4 to $10.01-1/2 range.The consolidation in the range of $10.05 to $10.21 seems to be ending around $10.05. This mov...Reuters
Tue, Sep 30
PRESS DIGEST-New York Times business news - September 30
Sept 30 (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.- Alphabet-owned GOOGL.O YouTube has agreed to pay $24.5 million to settle a lawsuit that U.S. President Donald Trump brought again...Reuters
Tue, Sep 30
TIMELINE-Major developments in Trump's trade war
Sept 30(Reuters) - U.S. President Donald Trump's tariff decisions since he took office in January have shocked financial markets and sent a wave of uncertainty through the global economy.Here is a timeline of the major developments: February 1 - Trump orders 25% tariffs on imports from Mexic...Reuters
Tue, Sep 30
Crude oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $62.98 per barrel, down from Monday’s close at $63.01.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $66.70 after its previous daily close at $66.75.
Fxstreet
Tue, Sep 30
COLUMN-Big Oil is long-term bullish despite short-term gloom: Bousso
Oil majors cut buybacks and costs in face of expected downturnBut boards invest in big-ticket mega oil and gas projectsOil supply growth expected to go into reverse by 2030By Ron Bousso LONDON, Sept 30 (Reuters) - While energy companies are retrenching in the face of a bleak near-term outlook for...Reuters
Tue, Sep 30
Poland - Factors to Watch September 30
WARSAW, Sept 30 (Reuters) - The following are significant news stories, press reports and events on Tuesday. ALL TIMES GMT (Poland: GMT + 2 hours):POWER GRIDS PROTECTION Four NATO and European Union countries bordering Russia plan to build concrete bunkers and anti-drone nets at vital energy facilit...Reuters
Tue, Sep 30
COLUMN-Key trends to track as US aims for coal sector revival: Maguire
By Gavin Maguire LITTLETON, Colorado, Sept 30 (Reuters) - The Trump administration's vows to provide federal land leases and power sector loans may ignite a brief and spotty revival in coal's fortunes. But other factors will determine whether a more durable recovery in the U.S. coal secto...Reuters
Tue, Sep 30
