Search
News
Important Only
World Bank forecasts 24% surge in energy prices in 2026 due to Middle East war
Baseline scenario assumes worst disruptions end in MayWorld Bank forecasts 16% increase in commodity prices in 2026Commodity prices could rise further if the war persistsBy Andrea Shalal WASHINGTON, April 28 (Reuters) - Energy prices are expected to surge by 24% in 2026 to their highest level sin...Reuters
Tue, Apr 28
China tightens border inspections for fertilizer exports, sources say
April 28 (Reuters) - China is stepping up customs inspections to enforce its new fertilizer export controls as gaps widen between domestic and international prices that have surged after disruptions linked to the closure of the Strait of Hormuz.Exports of ammonium sulphate - one of China's large...Reuters
Tue, Apr 28
CBOT Trends-Wheat up 6-12 cents, corn up 2-4, soybeans steady-down 3 cents
CHICAGO, April 28 (Reuters) - The 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. CDT (1330 GMT) on Tuesday: WHEAT - Up 6 to 12 cents per bushelWheat futures stronger on concerns about ongoing drought in the U.S. Plai...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 unsettled the global economy.Here are some analyst ...Reuters
Tue, Apr 28
China's Huayou cuts output at Indonesian nickel plant as sulphur costs surge
By Dylan Duan and Lewis Jackson April 28 (Reuters) - Zhejiang Huayou Cobalt 603799.SS said on Tuesday that its Indonesian unit will temporarily halt some production lines from May 1, slashing about half of the plant's output, after rising sulphur prices lifted costs at one of its key batter...Reuters
Tue, Apr 28
BP is maximising jet and diesel yield at refineries
April 28 (Reuters) - BP PLC BP.L:BP CFO SAYS MOST ECONOMIC WAY TO REDUCE HYBRID BONDS IS TO LET THEM ROLL OFFBP CEO SAYS READY TO WORK CLOSELY WITH THE IRAQI GOVERNMENT AND OPERATOR TO PROVIDE THE ADVICE AND INSIGHTS ON GETTING IRAQ'S RUMAILAH BACK ONLINE AS SOON AS POSSIBLEBP DEPUTY CEO SAYS WE...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 unsettled the global economy.Here are some analyst ...Reuters
Tue, Apr 28
EVelution Energy signs $850 million deal with Mitsui to supply cobalt
April 28 (Reuters) - Electric power distributor EVelution Energy said on Tuesday it has signed an $850 million agreement to supply cobalt from its facility in Arizona to Japan's Mitsui 8031.T for five years.The U.S. and Japan are advancing efforts to strengthen global supply chains for energy an...Reuters
Tue, Apr 28
UAE energy minister says leaving OPEC gives flexibility, no direct consultations including with Saudi Arabia
DUBAI, April 28 (Reuters) - UAE Energy Minister told Reuters on Tuesday that leaving OPEC and OPEC+ gives the United Arab Emirates flexibility as it has no obligations under the group, and says the country did not directly consult others, including Saudi Arabia, before the decision.Reuters
Tue, Apr 28
Canada's Zoomd Technologies Q4 revenue falls 50% on customer losses
OverviewCanada marketing tech firm's Q4 revenue fell 50% yr/yr due to reduced activity from two major customersAdjusted EBITDA and net income declined sharply on lower revenue and gross marginCompany says broader portfolio excluding two customers grew 30% in Q4OutlookCompany says visibility rema...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 quit 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 unsettled the global economy.Here are some analyst reaction...Reuters
Tue, Apr 28
Airline body chief flags concern for jet fuel shortage in peak summer period
GENEVA, April 28 (Reuters) - The jet fuel crisis tied to the war in Iran could hit Asia hardest first as a shortage during the peak summer period in the northern hemisphere becomes a growing concern, the head of the International Air Transport Association said on Tuesday.The crisis would then impac...Reuters
Tue, Apr 28
UAE leaves OPEC and OPEC+ in huge blow to global oil producers' group
DUBAI, April 28 (Reuters) - The United Arab Emirates said on Tuesday it quit 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 unsettled the global economy.The stunning loss of ...Reuters
Tue, Apr 28
Purple Innovation Q1 revenue misses estimates, cuts outlook
OverviewU.S. mattress maker's Q1 revenue fell 8% yr/yr, missing analyst expectationsAdjusted EBITDA loss for Q1 was flat from a year earlierCompany cut full-year revenue outlook but reaffirmed adjusted EBITDA guidanceOutlookPurple lowers 2026 revenue outlook to $465-$485 mln from $500-$520 mlnCo...Reuters
Tue, Apr 28
Gold hits four-week low as firmer US Dollar, Oil-driven inflation weigh
Gold (XAU/USD) slips to a near one-month low, pressured by a firmer US Dollar (USD) and mounting Oil-driven inflation concerns, as investors await clearer signals on stalled diplomatic efforts between the United States (US) and Iran to end the war.
Fxstreet
Tue, Apr 28
Inflation fears send euro zone yields to multi-week highs
By Alun John LONDON, April 28 (Reuters) - Euro zone bond yields hit multi-week highs on Tuesday after a survey showed euro zone consumers expecting higher inflation, prompting markets to raise the likelihood of a hike in interest rates by the European Central Bank in the coming months. ...Reuters
Tue, Apr 28
SUSTAINABLE SWITCH-Are companies quiet quitting DEI?
By Sharon Kimathi Hello! Diversity, equity and inclusion policies are falling down the list of priorities for companies, according to data from the Thomson Reuters Foundation, the independent charitable foundation of Thomson Reuters, which owns Reuters.The report looked at publicly available info...Reuters
Tue, Apr 28
Europe's jet fuel imports from Middle East stop, raising supply crunch fears
Europe faces jet fuel shortfall as Middle East supply halts, imports hit 4-year lowAirlines, suppliers downplay immediate shortage fears, citing alternative sourcesJet fuel prices surge above $200/barrel, inventories remain tight, Societe Generale saysBy Seher Dareen, Robert Harvey and Ahmad Ghaddar...Reuters
Tue, Apr 28
Featured Tools
Top News
Cerebras Systems IPO 2026: Date, Price, Valuation, and Whether CBRS Is Worth Buying
April 2026 CPI Preview: Will Hot Inflation Crush Nasdaq, S&P 500 & NVDA? Explosive Market Reaction Guide
Copper Prices Near All-Time Highs. Citi: If Strait of Hormuz Is Unblocked, Price Will Rise to $15,000 by Year-End
SK Hynix Surges 15% to New High: HBM Shortage Until 2028, How Much Longer Can AI Memory King Rise?
PPI Report April 2026: How Inflation Data Is Moving HIMS, CEG, and PLUG Stock Today
Market Movers
Booking Holdings Inc Stock (BKNG) Closed Down by 3.45% on May 13: What Investors Need To Know
7 hours ago
BKNG
--
CrowdStrike Holdings Inc Stock (CRWD) Closed Up by 3.02% on May 13: What Signal Does It Send?
7 hours ago
CRWD
--
Tradingkey
