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USDA head says she signs six new state waivers limiting what can be bought with food stamps
WASHINGTON, Dec 10 (Reuters) - U.S. Agriculture Secretary Brooke Rollins said on Wednesday that she has signed six additional state waivers restricting what can be purchased with food aid benefits. She also said that the department would spend $700 million on regenerative agriculture as part of the ...Reuters
Wed, Dec 10
Russian prosecutors ask court to seize NCH Capital assets, Kommersant reports
MOSCOW, Dec 10 (Reuters) - Russian prosecutors have asked a Moscow court to seize the assets of U.S. private equity fund NCH Capital in Russia, saying the fund's owners financed Ukraine's military forces, the Kommersant newspaper said, citing court documents. NCH Capital did not reply to a R...Reuters
Wed, Dec 10
US natural gas futures rise on increased demand and LNG exports
Gas flows to LNG export plants near record highWaha Hub prices fall into negative territory due to pipeline constraintsNear-record gas output allows for increased storage levelsMeteorologists project mild US weather through late DecemberGlobal gas prices at 19-month lows on Ukraine peace talks, mild...Reuters
Wed, Dec 10
Suncor Energy Reports Planned Equipment Shutdowns For Maintenance Work At Montreal Refinery
Dec 10 (Reuters) - Suncor Energy Inc SU.TO:REPORTS CONDUCTING PLANNED EQUIPMENT SHUTDOWNS FOR MAINTENANCE WORK AT MONTREAL REFINERY FOR 15 WEEKS STARTING DECEMBER 11REPORTS DURING THE FIRST FEW DAYS OF THE SHUTDOWN, SMOKE MAY BE VISIBLE FROM ONE OF THE CHIMNEYSREFINERY CAPACITY: 137,000 BARRELS PER ...Reuters
Wed, Dec 10
CBOT Trends-Wheat down 5-6 cents, corn down 1-2, soy down 3-4
CHICAGO, Dec 10 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CST (1430 GMT) on Wednesday. WHEAT - Down 5 to 6 cents per bushelWheat eased for a fourth session, with increases to U.S. Department of Agric...Reuters
Wed, Dec 10
Kazakhstan to divert some Kashagan oil to China after Ukraine hit
Kaztransoil says 72,000 tons to be diverted to China this monthCPC terminal damaged by Ukrainian drone attack in NovemberAstana says exports via CPC have not been fully halted ASTANA, Dec 10 (Reuters) - Kazakhstan said on Wednesday it would redirect some oil from its Kashagan field to China and ...Reuters
Wed, Dec 10
Mexico's lower house approves tariff hikes on Chinese, other Asian imports
By Diego Oré MEXICO CITY, Dec 10 (Reuters) - Mexico's lower house early Wednesday approved tariffs of up to 50% next year on imports from China and several other Asian countries, aiming to boost domestic production and address trade imbalances. With 281 votes in favor, 24 against, and 149 abs...Reuters
Wed, Dec 10
Russian prosecutors ask court to seize assets of US fund NCH Capital, Kommersant says
MOSCOW, Dec 10 (Reuters) - Russian prosecutors asked a Moscow court to seize the assets of U.S. private equity fund NCH Capital in Russia, Kommersant daily said on Wednesday, citing the court's documents. The daily added that prosecutors accused the fund's owners of financing Ukraine's m...Reuters
Wed, Dec 10
Maclean Power Systems And Power Grid Components Join Forces To Form Leading Supplier Of Engineered Components And Solutions For Utility Infrastructure
Dec 10 (Reuters) - Blackstone Inc BX.N:MACLEAN POWER SYSTEMS AND POWER GRID COMPONENTS JOIN FORCES TO FORM LEADING SUPPLIER OF ENGINEERED COMPONENTS AND SOLUTIONS FOR UTILITY INFRASTRUCTUREMACLEAN POWER SYSTEMS: BLACKSTONE TO BECOME MAJORITY OWNER OF COMBINED COMPANYMACLEAN POWER SYSTEMS - DEAL TERM...Reuters
Wed, Dec 10
RPT-GE Vernova working with US government to boost stocks of rare earth yttrium
By Laila Kearney and Lewis Jackson NEW YORK, Dec 10 - Gas turbine maker GE Vernova GEV.N is working with the U.S. government to increase its stockpiles of the rare earth yttrium, CEO Scott Strazik said on Tuesday, as China's export controls of the vital element create shortages across energy,...Reuters
Wed, Dec 10
Premier African Minerals Says Lack of Funding May Impact Zulu Lithium, Co's Financial Position
Dec 10 (Reuters) - Premier African Minerals Ltd PREM.L:PREMIER AFRICAN MINERALS LTD - JR GODDARD CONTRACTING DEMANDING PAYMENT OF US$2.3 MILLION TO JR GODDARDPREMIER AFRICAN: NOT SECURING FUNDING COULD HAVE MATERIAL ADVERSE EFFECT ON BOTH ZULU LITHIUM & FINANCIAL POSITION OF CO AS A WHOLEPREMIER...Reuters
Wed, Dec 10
Mexico's lower house approves tariff hikes on Chinese, Asian imports
MEXICO CITY, Dec 10 (Reuters) - Mexico's lower house early Wednesday approved tariffs of up to 50% next year on imports from China and several other Asian countries, aiming to boost domestic production and address trade imbalances, despite opposition from local business groups and affected gover...Reuters
Wed, Dec 10
GRAINS-Soybeans stuck at six-week low on China demand uncertainty
CANBERRA/PARIS, Dec 10 (Reuters) - Chicago soybean futures fell for a fourth consecutive session on Wednesday to hold at a six-week low amid doubts that China will buy enough U.S. beans to prevent prices from losing ground in a well-supplied market.Chicago wheat also eased for a fourth session, with...Reuters
Wed, Dec 10
REFILE-US House committee to take up Africa trade bill, but South Africa risks exclusion
Trade initiative dates from 2000 but elapsed in SeptemberHundreds of thousands of African jobs rely on the dealPretoria/Washington ties under strain JOHANNESBURG, Dec 10 (Reuters) - A U.S. House committee will on Wednesday consider a three-year extension to Washington's flagship trade initiat...Reuters
Wed, Dec 10
Venture Global hits back at Shell's fraud claims in LNG arbitration battle
Venture Global denies Shell's fraud claims, cites lack of evidenceShell accused of breaching arbitration confidentialityShell seeks commercial resolution despite arbitration challenge, according to emailBy Stephanie Kelly, Marwa Rashad and Curtis Williams LONDON, Dec 10 (Reuters) - Venture Gl...Reuters
Wed, Dec 10
Senegal plans to nationalise Kosmos-run Yakaar-Teranga gas project
Kosmos Energy owns 90% of the 25 trillion cubic feet fieldKosmos says its licence runs out in July 2026 DAKAR, Dec 10 (Reuters) - Senegal plans to nationalise the Yakaar-Teranga gas project, operated by Kosmos Energy KOS.N and estimated to be one of the world's largest discoveries in recent y...Reuters
Wed, Dec 10
South Africa's Transnet signs deal with ICTSI to upgrade main container terminal
JOHANNESBURG, Dec 10 (Reuters) - South African state logistics group Transnet signed a 25-year deal with Philippines-headquartered terminal operator ICTSI ICT.PS on Wednesday to upgrade the African country's busiest container terminal in Durban.The concession agreement is part of the government&...Reuters
Wed, Dec 10
Gold trades cautiously as markets brace for Fed interest rate call
Gold (XAU/USD) edges slightly lower on Wednesday, with price action contained inside the recent consolidation zone as markets brace for the Federal Reserve’s (Fed) interest rate decision. At the time of writing, XAU/USD is hovering near $4,200, down from the intraday high of $4,218.
Fxstreet
Wed, Dec 10
US holds first Gulf of Mexico oil and gas auction since 2023
Dec 10 (Reuters) - The Trump administration will hold the government's first sale of oil and gas drilling rights in the Gulf of Mexico since 2023 on Wednesday, a key test of industry appetite for offshore acreage at a time when the United States is seeking to unleash more domestic fossil fuel pr...Reuters
Wed, Dec 10
