News
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China expands rare earths restrictions, targets defense and chips users
BEIJING, Oct 9 (Reuters) - China dramatically expanded its rare earths export controls on Thursday, adding five new elements and extra scrutiny for semiconductor users as Beijing tightens control over the sector ahead of talks between Presidents Donald Trump and Xi Jinping.Reuters
Fri, Oct 10
BP wins arbitration case against Venture Global over LNG cargoes
Venture Global breached obligations at Calcasieu Pass plant, ICC rulesBP seeking over $1 billion in damages from Venture GlobalVenture Global shares drop 10% after arbitration rulingBy Curtis Williams HOUSTON, Oct 9 (Reuters) - BP BP.L has won its arbitration case against Venture Global VG.N over...Reuters
Fri, Oct 10
WTI declines below $61.50 on cooling Middle East tensions
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.20 during the early Asian trading hours on Friday. The WTI loses traction amid easing geopolitical tensions in the Middle East. Traders will closely monitor how long the US federal government shutdown will last.
Fxstreet
Fri, Oct 10
Russia attacking Ukrainian energy targets, Ukrainian minister says
Oct 10 (Reuters) - Russian forces have launched a mass attack on Ukrainian energy targets, Ukrainian Energy Minister Svitlana Grynchuk said early on Friday."Energy experts are taking all necessary measures to minimise negative consequences," Svitlana Grynchuk wrote on Facebook. "As soon ...Reuters
Fri, Oct 10
US help for farmers would include direct subsidies, treasury chief tells Fox News
Oct 9 (Reuters) - The United States would have announced this week a support package for farmers stung by trade disputes that included direct subsidies, if it weren't for a government shutdown, U.S. Treasury Secretary Scott Bessent told Fox News on Thursday. "We would have announced an AG pr...Reuters
Thu, Oct 9
CIF/FOB Gulf Grain-Soy basis bids firm as traders watch for export demand
CHICAGO, Oct 9 (Reuters) - Spot basis bids increased for soybeans shipped by barge to U.S. Gulf Coast terminals on Thursday in potential signs of export demand, traders said.U.S. President Donald Trump said he hopes to raise the issue of soybeans with Chinese leader Xi Jinping during their upcoming ...Reuters
Thu, Oct 9
ICL Group U.S. Doe Informed It Decided To Discontinue Funding For Establishment Of LFP Cathode Active Material Manufacturing Plant In US
Oct 9 (Reuters) - Icl Group Ltd ICL.TA:ICL GROUP LTD: U.S. DOE INFORMED IT DECIDED TO DISCONTINUE FUNDING FOR ESTABLISHMENT OF LFP CATHODE ACTIVE MATERIAL MANUFACTURING PLANT IN USICL GROUP LTD: CO REVIEWING DOE'S ANNOUNCEMENT AND IMPLICATIONS THEREOFICL GROUP LTD: EXAMINING CONTINUATION OF PROJ...Reuters
Thu, Oct 9
US Plains HRW Wheat-Basis steady-firmer on domestic demand
CHICAGO, Oct 9 (Reuters) - Basis bids for hard red winter wheat firmed in a few locations in the southern U.S. Plains on Thursday, supported by light demand from domestic flour millers at a time when farmer selling has been minimal, dealers said. K.C. HRW wheat futures continued to hover near life-...Reuters
Thu, Oct 9
Architectural products firm Apogee Q2 net sales beat estimates
OverviewApogee Enterprises Inc Q2 net sales rise 4.6% to $358 mln, beating analyst expectationsAdjusted EPS for Q2 beats analyst expectations at $0.98Company's Q2 adjusted EBITDA margin fell due to lower prices and unfavorable mixOutlookCompany expects fiscal 2026 net sales of $1.39 bln to $1.4...Reuters
Thu, Oct 9
BLS bringing back staff to get inflation report out, reports say
Oct 9 (Reuters) - The U.S. Bureau of Labor Statistics is bringing some furloughed workers back in order to get the statistical agency's benchmark report on inflation out despite the wider shutdown of the federal government, the New York Times and Bloomberg reported on Thursday.A specific target ...Reuters
Thu, Oct 9
Microsoft's productivity software suite recovers after outage
Oct 9 (Reuters) - Microsoft MSFT.O said an outage of its suite of productivity software has been resolved on Thursday."We identified that a portion of network infrastructure in North America was misconfigured, resulting in impact," Microsoft 365 said on its status page on X.Initial reports h...Reuters
Thu, Oct 9
Colonial Pipeline to cut jobs, sources say
NEW YORK, Oct 9 (Reuters) - The Colonial Pipeline Company, operator of the largest U.S. fuel transportation system, informed employees this week that it is planning to cut some jobs, according to two sources familiar with the matter and a company statement."We shared with our employees this week...Reuters
Thu, Oct 9
CANADA-CRUDE-Discount on Western Canada Select widens
Oct 9 (Reuters) - The discount on Western Canada Select to North American benchmark West Texas Intermediate futures CLc1 widened on Thursday.WCS for November delivery in Hardisty, Alberta, settled at $10.60 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, compared to Wednesday&...Reuters
Thu, Oct 9
LIVESTOCK-Feeder cattle rise to new highs on tight supply, strong cash prices
By Karl Plume CHICAGO, Oct 9 (Reuters) - Chicago Mercantile Exchange feeder cattle futures rallied on Thursday to a record high on strong cash market prices and tight supplies linked to the U.S. suspension of Mexican imports due to the spread of screwworm south of the border.Live cattle followed ...Reuters
Thu, Oct 9
Venture Global Says Icc Issues Partial Final Award In Arbitration With BP
Oct 9 (Reuters) - BP PLC BP.L:VENTURE GLOBAL INC - ICC ISSUES PARTIAL FINAL AWARD IN ARBITRATION WITH BP - SEC FILINGVENTURE GLOBAL INC - BP SEEKS DAMAGES IN EXCESS OF $1.0 BILLION - SEC FILINGVENTURE GLOBAL INC: SETTLEMENT HAS NO MATERIAL IMPACT ON VENTURE GLOBAL - SEC FILINGVENTURE GLOBAL INC - RE...Reuters
Thu, Oct 9
Trump administration proposes to bar Chinese airlines from overflying Russia on US flights
WASHINGTON, Oct 9 (Reuters) - The Trump administration on Thursday proposed banning Chinese airlines from overflying Russia on flights to and from the United States.U.S. airlines have long criticized the decision to allow Chinese carriers to overfly Russia on some flights when the U.S. government ha...Reuters
Thu, Oct 9
BP wins arbitration case against Venture Global over LNG cargoes
HOUSTON, Oct 9 (Reuters) - BP BP.L has won its arbitration case against Venture Global VG.N over the U.S. supplier's failure to deliver liquefied natural gas under a long-term contract that was due to start in late 2022, Venture Global said on Thursday.Reuters
Thu, Oct 9
US grants license for Shell, Trinidad to develop Venezuelan gas field, official says
Shell completed marine survey in Q2 to determine drilling locations, pipeline designFirst stage of new license allows parties to negotiate through April 2026US companies must be included in the projectBy Curtis Williams Oct 9 (Reuters) - The U.S. government has granted an authorization for energy...Reuters
Thu, Oct 9
US declines to sign World Bank directors' joint statement on climate agenda
Most World Bank directors signed the statementStatement calls for continuing 45% pledge for climate financeIMF, World Bank preparing for annual meetings next week WASHINGTON, Oct 9 (Reuters) - Nineteen of the World Bank's 25 executive directors issued a joint statement this week affirming t...Reuters
Thu, Oct 9
