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JetBlue plans capacity cuts, fare hikes as high fuel costs widen quarterly loss
JetBlue to slow hiring, cut capacity, hike fares amid rising fuel costsCarrier suspends full-year guidance, expects to recover fuel costs by 2027Shares rise more than 4%By Doyinsola Oladipo and Shivansh Tiwary April 28 (Reuters) - JetBlue Airways JBLU.O said on Tuesday it plans to slow hiring, cu...Reuters
Tue, Apr 28
Fire extinguished at Shell’s Norco, Louisiana plant
April 28 (Reuters) - The fire that broke out at Shell's Norco plant in Louisiana on Monday evening has been extinguished, a company spokesperson said on Tuesday."There were no injuries, and monitoring will continue as a precaution until an all clear is confirmed," the Shell spokesperson...Reuters
Tue, Apr 28
Sherwin-Williams Expects To Open 80-100 More New Stores Through The Year - Conf Call
April 28 (Reuters) - Sherwin-Williams Co SHW.N:SHERWIN-WILLIAMS EXPECTS TO OPEN 80-100 MORE NEW STORES THROUGH THE YEAR - CONF CALLSHERWIN-WILLIAMS EXPECTS TO SEE NEGATIVE DEMAND DUE TO IRAN WAR - CONF CALLSHERWIN-WILLIAMS EXPECTS TO SEE INFLATING COSTS IMPACTING MATERIALLY THROUGH Q2 AND INTO THE ...Reuters
Tue, Apr 28
US pump prices near 4 year high on Iran war disruption
By Nicole JaoNEW YORK, April 28 (Reuters) - U.S. average gasoline price rose to near $4.18 a gallon on Tuesday, hitting its highest since August 2022, according to data from the American Automobile Association or AAA.National average retail gasoline prices have climbed about $1.19 a gallon, or about...Reuters
Tue, Apr 28
Germany in talks with Poland over short-term oil supplies via Gdansk, economy ministry says
BERLIN, April 28 (Reuters) - Germany is in talks with Poland to examine whether short-term and temporary replacement oil supplies could be delivered to the PCK Schwedt refinery via the port of Gdansk, a spokesperson for the German economy ministry said on Tuesday.The spokesperson said the discussion...Reuters
Tue, Apr 28
Ukraine in diplomatic tussle with Israel over grain Kyiv says 'stolen' by Russia
Another ship with 'stolen' grain arrives in Israel - ZelenskiyKyiv has summoned Israeli ambassador over alleged shipments Such schemes violate Israel's laws, Zelenskiy saysIsrael FM says vessel has not entered portUkraine has provided no evidence of 'stolen' grain, Israel saysBy ...Reuters
Tue, Apr 28
Mali military leader Goita meets Russian ambassador after attacks, office says
BAMAKO, April 28 (Reuters) - The leader of Mali's military government, Assimi Goita, met on Tuesday with the Russian ambassador, according to a social media post from his office, his first public appearance since insurgents carried out coordinated attacks on Saturday.Reuters
Tue, Apr 28
Smithfield Foods warns of cost pressures amid Mideast war, shares fall
Rising energy and packaging costs pressure margins, company plans conservative cost managementSmithfield maintains annual forecasts after Q1 sales and profit beatNathan's Famous acquisition to now close in second half By Savyata Mishra April 28 (Reuters) - Smithfield Foods SFD.O executives sa...Reuters
Tue, Apr 28
US not funding Congo's $100 million mine guard, embassy says
U.S. Embassy denies funding Congo's planned mine security forceCongo says mine guard will be funded via partnerships, not direct country fundingCongo seeks to boost mine security to attract investment, curb armed group activityBy Ange Kasongo KINSHASA, April 28 (Reuters) - The United States s...Reuters
Tue, Apr 28
Shell CEO says company comfortable with 40% stake in LNG Canada
April 28 (Reuters) - Shell PLC SHEL.L:SHELL CEO SAYS FREE CASH FLOW FROM ARC EXPECTED TO BE AROUND $2 BILLION/YEAR FROM 2030SHELL CEO SAYS WE HAVE GROWING CONFIDENCE IN POSTURE OF CANADIAN GOVERNMENT WHEN IT COMES TO ENABLING LNG CANADA PHASE 2SHELL CEO SAYS WE ARE VERY COMFORTABLE WITH 40% OWNERSHI...Reuters
Tue, Apr 28
Prisoners released by Belarus also include Polish priest, PM Tusk says
WARSAW, April 28 (Reuters) - Apart from Polish-Belurusian journalist Andrzej Poczobut, Belarus also released Polish priest Grzegorz Gawel and a Belarusian who helped Polish services whose name would not be revealed, Polish Prime Minister Donald Tusk said on Tuesday. The Poles were released as part o...Reuters
Tue, Apr 28
Rare Earths Americas kicks off US IPO roadshow with $368 million valuation target
Company plans to sell 2.78 million sharesSets proposed price range of $17 to $19 per shareListing comes as demand for rare earths surgesSector has become a key focus area for the Trump administrationBy Manya Saini April 28 (Reuters) - Rare Earths Americas kicked off the roadshow for its U.S. init...Reuters
Tue, Apr 28
Sweden issues "early warning" of potential jet fuel shortage, Ryanair CEO scoffs
Sweden warns of possible jet fuel shortage due to Middle East conflictSwedes advised to plan travel flexibly Sweden less affected thanks to fossil-free electricity but economy still impacted STOCKHOLM, April 28 (Reuters) - Sweden warned on Tuesday of a potential shortage of jet fuel stemming from...Reuters
Tue, Apr 28
Libya signs preliminary agreement with Chevron to assess shale oil and gas resources
April 28 (Reuters) - Libya's National Oil Corporation (NOC) on Tuesday signed a memorandum of understanding with U.S. energy major Chevron to conduct a joint study to assess shale oil and gas reserves in number of the country's sedimentary basins, the head of NOC said in statement.The statem...Reuters
Tue, Apr 28
PRECIOUS-Gold falls as Middle East tensions keep oil soaring, FOMC verdict in focus
Spot gold falls 2% to lowest in nearly 4 weeksTrump rejects latest Iranian proposalUAE announces decision to withdraw from OPECFed expected to hold rates steady at end of meeting on WednesdayBy Ishaan Arora April 28 (Reuters) - Gold fell to a near four-week low on Tuesday, as inflation concerns r...Reuters
Tue, Apr 28
US signs energy and AI deals with Balkan countries as its influence widens
DUBROVNIK, Croatia, April 28 (Reuters) - The United States and U.S. companies signed deals worth billions of dollars with Balkan countries on Tuesday, boosting Washington's energy presence in the region and backing AI development.The U.S. is seeking to deepen ties and counter the influence of Ru...Reuters
Tue, Apr 28
Iran and US allowed Russian superyacht to cross Strait of Hormuz, source says
April 28 (Reuters) - A superyacht owned by Russian billionaire Alexey Mordashov was able to transit the blockaded Strait of Hormuz after undergoing maintenance in Dubai because neither Iran nor the United States objected, a source close to Mordashov said on Tuesday. It has been unclear how the multi...Reuters
Tue, Apr 28
Belarus releases Polish journalist, Warsaw frees Russian archaeologist in complex prisoner swap
Belarus frees Polish activist in move long sought by WarsawPoland releases Russian archaeologist who faced extradition to UkraineTrades were part of wider swap involving multiple countriesBy Karol Badohal and Anna Wlodarczak-SemczukWARSAW, April 28 (Reuters) - Belarus has released Andrzej Poczobut, ...Reuters
Tue, Apr 28
INSTANT VIEW-UAE to leave OPEC and OPEC+ oil producer groups
LONDON, April 28 - The United Arab Emirates said on Tuesday it was quitting OPEC and OPEC+, dealing a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran war has caused a historic energy shock and rattled the global economy.Here are some analyst re...Reuters
Tue, Apr 28
US natgas futures ease on mild weather, ample amounts of fuel in storage
Mild weather boosts gas storage, keeping inventories 8% above normal, analysts sayU.S. gas output drops to 12-week low as low prices prompt production cutsLNG export feedgas on track for record high in AprilBy Scott DiSavino NEW YORK, April 28 (Reuters) - U.S. natural gas futures eased on Tuesday...Reuters
Tue, Apr 28
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