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Edison International posts steady profit growth on rising electricity rates
April 28 (reuters) - Edison International EIX.N beat expectations for first-quarter profit on Tuesday, as the utility benefited from higher electricity rates.U.S. power companies are seeking higher customer electricity rates, driven by surging demand from AI-focused data centers, increased domestic ...Reuters
Tue, Apr 28
Chile's central bank holds benchmark rate as risks rise from Middle East war
SANTIAGO, April 28 (Reuters) - Chile's central bank on Tuesday held its benchmark interest rate at 4.5% in a unanimous decision, in line with expectations and marking its third consecutive decision to maintain the rate.In a statement, Chile's central bank said the prolongation of the war in ...Reuters
Tue, Apr 28
Chile's central bank holds benchmark rate, warns of risk from Middle East war
SANTIAGO, April 28 (Reuters) - Chile's central bank on Tuesday held its benchmark interest rate at 4.5% in a unanimous decision, in line with expectations and marking its third consecutive decision to maintain the rate.In a statement, Chile's central bank said the prolongation of the war in ...Reuters
Tue, Apr 28
CIF/FOB Gulf Grain-Corn, soybean barge bids hold steady to firm as river levels rise
CHICAGO, April 28 (Reuters) - Spot basis bids for corn and soybeans shipped by barge to U.S. Gulf Coast terminals were steady to slightly firmer on Tuesday, as freight costs remained elevated and rising river levels have prevented some terminals from loading barges, traders said.Chicago Board of Tra...Reuters
Tue, Apr 28
Oil ends up nearly 3% as Hormuz disruption outweighs UAE OPEC exit
UAE withdraws from OPEC, OPEC+Trump unhappy with latest Iranian proposal to end war stalemateADNOC LNG tanker crosses Hormuz for first time since Iran warBrent has gained for seven straight daysUS fuel, crude oil inventories fall in prior week- sources citing API dataBy Siddharth Cavale NEW YORK,...Reuters
Tue, Apr 28
CORRECTED-Mining giant Grupo Mexico reports Q1 profit up 57%
MEXICO CITY, April 28 (Reuters) - Mining and transportation conglomerate Grupo Mexico reported on Tuesday a first-quarter net profit that climbed 57% compared to the same period a year earlier, coming in at $1.71 billion.Revenue for the group, a top copper producer, increased 33% to $5.57 billion in...Reuters
Tue, Apr 28
Expand Energy lifts annual production, capex forecasts on higher natgas prices
April 28 (Reuters) - U.S. natural gas producer Expand Energy EXE.O beat Wall Street estimates for first-quarter profit on Tuesday and raised its capital spending and production outlook for 2026, citing stronger commodity prices and higher output.U.S. natural gas futures NGc1 were up more than 8% on ...Reuters
Tue, Apr 28
US Cash Crude-Grades largely steady as investors watch Hormuz transit
HOUSTON, April 28 (Reuters) - U.S. domestic grades traded range-bound on Tuesday, the second day of June trade, as at least one crude oil tanker crossed the Strait of Hormuz, raising hopes of flows through the narrow chokepoint.The Idemitsu Maru, a Panama-flagged tanker carrying 2 million barrels of...Reuters
Tue, Apr 28
Canada's First Quantum posts surprise Q1 loss per share
OverviewCanada copper and nickel miner posted Q1 adjusted loss per share, missing analyst expectationsQ1 copper production fell 4% from prior quarter due to lower grades at Sentinel and KansanshiCompany raised 2026 copper production guidance but increased cost outlook amid higher fuel pricesOutlookF...Reuters
Tue, Apr 28
HSBC sees limited near-term impact on OPEC+ from UAE's departure
April 28 (Reuters) - The United Arab Emirates' planned exit from OPEC and the wider OPEC+ alliance from May 2026 is expected to have limited immediate impact on oil markets but could weaken the group's supply discipline and price‑management ability over time, HSBC said in a research note on ...Reuters
Tue, Apr 28
CORRECTED-Rocky Brands Q1 profit falls, hurt by tariffs impact
OverviewU.S. footwear and apparel maker's Q1 net sales rose 9.1% yr/yrAdjusted EPS for Q1 fell sharply from prior yearProfitability impacted by higher tariffs, partly offset by price hikes and sourcing changesOutlookCompany expects tariff impact to lessen beginning in second qtrRocky Brands sees...Reuters
Tue, Apr 28
LIVESTOCK-Cattle futures up after FDA authorizes new screwworm treatment
By Heather SchlitzCHICAGO, April 28 (Reuters) - U.S. cattle futures rose for a fourth straight session on Tuesday on renewed worries over the spread of New World Screwworm, after the U.S. Food and Drug Administration authorized the use of a topical powder that prevents and treats screwworm infestati...Reuters
Tue, Apr 28
Argentina court lifts suspension on Vicuna copper project
BUENOS AIRES, April 28 (Reuters) - A court in Argentina's San Juan province on Tuesday allowed the Vicuna copper project, operated by Australia's BHP BHP.AX and Canada's Lundin Mining LUN.TO, to continue operating after a judge in neighboring La Rioja ordered a temporary suspension.Vicun...Reuters
Tue, Apr 28
Argentine, Brazilian soymeal withdrawn in EU over GMO breaches
European Commission's alert system shows six shipments for non-approved GMOs in 2026Argentina questions Dutch GMO testing methods after soymeal shipments flaggedIndustry group CIARA-CEC claims Dutch tests may yield false positives for banned GMOsBy Sybille de La Hamaide and Maximilian Heath P...Reuters
Tue, Apr 28
EXCLUSIVE-EDF delays decision on Edison stake sale as Middle East conflict disrupts LNG supply, sources say
By Forrest Crellin and Elvira Pollina PARIS/MILAN, April 28 (Reuters) - French utility EDF has pushed back any decision on the sale of a stake in its Italian unit Edison EDNn.MI as the war in Iran has disrupted liquefied natural gas supplies from Qatar that Edison imports, four people with knowle...Reuters
Tue, Apr 28
US imposes sanctions on 35 individuals, entities for aiding Iran's sanctions evasions
Treasury's OFAC warns against doing business with those paying Iran to transit Strait of HormuzActions add to more than 1,000 sanctions on Iran since February 2025Efforts to end war are at an impasse By Andrea Shalal and Timothy Gardner WASHINGTON, April 28 (Reuters) - The U.S. government rat...Reuters
Tue, Apr 28
San Francisco, Port of Oakland settle airport trademark lawsuit
By Blake Brittain April 28 (Reuters) - The City of San Francisco and the Port of Oakland have settled their trademark dispute over the use of "San Francisco" in the Oakland airport's name, according to a press release issued Tuesday.The Port of Oakland had previously decided to change...Reuters
Tue, Apr 28
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