News
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Air Products' European operations hit as Middle East conflict lifts energy costs
By Sumit SahaMarch 18 (Reuters) - Industrial gases maker Air Products' APD.N operations in Europe are being impacted by rising energy costs, as supply disruptions due to the Middle East conflict send oil and liquefied natural gas prices soaring. However, overall impact has been limited, driven b...Reuters
Wed, Mar 18
Williams-Sonoma misses Q4 preliminary revenue estimates
OverviewUS home furnishings retailer's preliminary fiscal Q4 revenue missed analyst expectationsAdjusted EPS for preliminary fiscal Q4 beat analyst expectationsCompany raised quarterly dividend by 15% to $0.76 per shareOutlookWilliams-Sonoma expects fiscal 2026 net revenue growth of 2.7% to 6.7%...Reuters
Wed, Mar 18
IAEA does not know status of new Iranian enrichment facility in Isfahan, Grossi says
WASHINGTON, March 18 (Reuters) - The International Atomic Energy Agency does not know the status of the new Iranian enrichment facility in Isfahan that is in an underground nuclear complex, agency chief Rafael Grossi said on Wednesday."It is underground, but we haven't visited it yet," s...Reuters
Wed, Mar 18
World Bank looks at 'all options' to help debt-burdened Mozambique
World Bank plans to help Mozambique address debt challengesMozambique's sovereign spread hits highest level since May 2025LNG projects seen as potential opportunity for MozambiqueBy Colleen Goko JOHANNESBURG, March 18 (Reuters) - The World Bank is working with Mozambique to tackle the country...Reuters
Wed, Mar 18
Sumitomo Corporation Do Brasil Co & Cemvita Partner To Integrate Production Of Bio-Methane & Bio-Oil In Brazil
March 18 (Reuters) - Sumitomo Corp 8053.T:SUMITOMO CORPORATION DO BRASIL: CO & CEMVITA PARTNER TO INTEGRATE PRODUCTION OF BIO-METHANE & BIO-OIL IN BRAZILSUMITOMO CORPORATION DO BRASIL: COS TO EVALUATE INTEGRATION OF CEMVITA'S RENEWABLE BIO-OIL TECHNOLOGY WITH RNG PRODUCTION AT INITIAL FA...Reuters
Wed, Mar 18
Iran issues evacuation warnings for several energy facilities across the Gulf, state media says
DUBAI, March 18 (Reuters) - Iran's revolutionary guards issued on Wednesday evacuation warnings for several oil facilities across Saudi Arabia, UAE, and Qatar, Iranian state media reported.Reuters
Wed, Mar 18
Orbit International Q4 sales fall, net loss widens on weak bookings, contract delays
OverviewUS electronics maker's Q4 sales and gross margin declined, net loss widened year-over-yearFull-year 2025 results hurt by supply chain delays, contract timing, and higher legal costsYear-end backlog rose 1.7% to $12.2 mln despite contract delaysOutlookOrbit International says improved boo...Reuters
Wed, Mar 18
Crop merchant Louis Dreyfus reports lower profits, higher volumes for 2025
Louis Dreyfus Company's net profit down 10%Prices lower except for coffee, volumes up sharplyGroup sees no significant impact so far from Mideast warBy Gus Trompiz PARIS, March 18 (Reuters) - Global agricultural commodity merchant Louis Dreyfus Company said on Wednesday it had recorded a ...Reuters
Wed, Mar 18
Middle East Situation Flares Again, Gold Drops Below $4,900 Mark.
TradingKey - Gold prices weakened unexpectedly, falling below the key $4,900 threshold, while the energy market heated up rapidly due to geopolitical risks. Intraday, Brent crude once again broke above $100 per barrel.
TradingKey
Wed, Mar 18
PRECIOUS-Gold falls 2% as inflation fears bolster hawkish Fed bets
Tehran retaliates after Israel kills Iranian security chiefFed to announce interest rate decision at 1800 GMTOil prices remain above $100 a barrelBy Pablo Sinha March 18 (Reuters) - Gold prices fell to a one-month low on Wednesday as investors weighed the risk of a more hawkish U.S. Federal Rese...Reuters
Wed, Mar 18
US signs critical minerals deal with Brazil state, eyes federal agreement
SAO PAULO, March 18 (Reuters) - The United States signed on Wednesday a memorandum of understanding on critical minerals with Brazil's Goias state, in what U.S. Charge d'Affaires Gabriel Escobar described as a "win-win" partnership.Escobar said Washington has also proposed an agreeme...Reuters
Wed, Mar 18
NORDIC POWER-Forward prices slip on lower European rates, technical correction
March 18 (Reuters) - Nordic forward power prices inched lower on Wednesday, pressured by a technical correction and weaker rates in continental energy markets.Nordic front-quarter baseload power contract 0#NSBLQ: fell 1.65 euros to 54.5 euros per megawatt hour (MWh) at 1058 GMT. Nordic front-year po...Reuters
Wed, Mar 18
Norwegian Air adds 120 flights after SAS cancellations
COPENHAGEN, March 18 (Reuters) - Norwegian Air NAS.OL said on Wednesday it will add 120 flights in the Nordic region between March 25 and April 12 as demand rose after rival SAS on Tuesday announced cancellations over high jet fuel prices caused by the Iran war.Global airlines sounded the alarm on T...Reuters
Wed, Mar 18
Silver Price Forecast: XAG/USD consolidates below $80.00 in countdown to Fed’s policy
Silver price (XAG/USD) trades in a confined range below $80.00 during the European trading session on Wednesday. The white metal consolidates as investors await the Federal Reserve’s (Fed) monetary policy announcement at 18:00 GMT.
Fxstreet
Wed, Mar 18
Germany's Talanx hints it will reduce stake in grid operator Amprion
MUNICH, Germany, March 18 (Reuters) - Insurer Talanx TLXGn.DE signalled on Wednesday it plans to cut its stake in Amprion after sources told Reuters last month that major owners of Germany's second-biggest electricity grid were considering selling their stakes to new investors. “We need to r...Reuters
Wed, Mar 18
Saudi Red Sea oil exports set to jump to 3.8 million bpd in March, shipping data shows
Saudi used to export 6 million bpd via Strait of HormuzAramco using chemicals to speed up pipeline flows, sources sayAramco says Yanbu can export up to 5 million bpdChina is buying the largest share of Yanbu flowsBy Nerijus Adomaitis OSLO, March 18 (Reuters) - Saudi Arabia's crude oil loading...Reuters
Wed, Mar 18
GRAINS-Chicago soybeans fall as Trump-Xi meeting delay dampens Chinese demand hopes
BEIJING/PARIS, March 18 (Reuters) - Chicago soybean futures fell on Wednesday as a delay in a meeting between U.S. President Donald Trump and Chinese President Xi Jinping dampened hopes for continued Chinese demand for U.S. soybeans. The most-active soybean contract on the Chicago Board of Trade (CB...Reuters
Wed, Mar 18
Oil industry facilities targeted in southern Iran, Tasnim agency reports
DUBAI, March 18 (Reuters) - Some facilities belonging to Iran's oil industry in South Pars and Asaluyeh were attacked on Wednesday, semi-official Tasnim news agency reported, adding that the extent of damage was not yet clear. Tasnim said petrochemical facilities in South Pars were targeted.Reuters
Wed, Mar 18
