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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
Agricultural merchant Louis Dreyfus posts lower profits
PARIS, March 18 (Reuters) - Global agricultural merchant Louis Dreyfus Company recorded a drop in annual profits in what it called resilient results in the face of persistent geopolitical, economic and weather challenges.LDC said in a statement on Wednesday that its core earnings before interest, ta...Reuters
Wed, Mar 18
General Mills Q3 sales fall on brand investments, yogurt divestitures, reaffirms 2026 outlook
OverviewU.S. packaged foods maker's fiscal Q3 sales declined 8% but slightly beat analyst expectationsAdjusted EPS for fiscal Q3 fell 37% yr/yr in constant currency and missed analyst estimatesCompany attributed declines to brand investments, yogurt divestitures, and unfavorable trade expense ti...Reuters
Wed, Mar 18
Macy's Q4 sales slightly beat estimates on higher credit card, Media Network revenues
OverviewU.S. department store operator's Q4 sales slightly beat analyst expectations, comparable sales grew 1.8%Adjusted EPS for Q4 was $1.67, with net income at $507 mlnCompany repurchased 2.3 mln shares for $50 mln in Q4, expanded strategic initiativesOutlookMacy's sees fiscal 2026 net sal...Reuters
Wed, Mar 18
RPT-Gasoline price hike from Iran war could push consumers toward EVs, hybrids
Gasoline price hikes from Iran conflict are hitting car marketEarly signs of rising interest in EVs amid gasoline-price surgeShifts in car-shopping patterns take sustained high prices, experts sayBy Nick Carey and Valerie Volcovici GUILDFORD, England/RICHMOND, Virginia, March 18 (Reuters) - The r...Reuters
Wed, Mar 18
