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GRAINS-Corn hits more than one-year high on Argentina drought, soy also higher
Updates at 1150 GMT PARIS/BEIJING, Jan 21 (Reuters) - Chicago corn futures hit a more than one-year high on Tuesday, with soybeans also rising on worries of a drought in Argentina and rains in Brazil.The most active corn contract on the Chicago Board of Trade (CBOT) Cv1 was up 0.5% to $4.86-1/2 a...Reuters
Tue, Jan 21
Ansa, WEX back carbon accounts firm Gravity in funding round
Venture arm of fuel card company WEX joins Ansa-led roundSeries A raises $13 mln; Ansa executive to join boardComes as more countries seek emissions disclosuresBy Simon JessopLONDON, Jan 21 (Reuters) - U.S. carbon accounting firm Gravity said it has won backing from Ansa Capital and the venture arm ...Reuters
Tue, Jan 21
PRECIOUS-Gold hits over 2-month peak as dollar slips, all eyes on Trump
Dollar hovers near its lowest since Jan 7Trump says thinking of tariffs on Canada and MexicoGold could reach $3,000 by mid 2025, says analystTrump revokes Biden order that set 50% EV target for 2030Updates with mid session tradingBy Daksh Grover Jan 21 (Reuters) - Gold prices surged to over a two...Reuters
Tue, Jan 21
Smithfield Foods, shareholder target to raise up to $940 mln in US IPO
Jan 21 (Reuters) - Smithfield Foods and a selling shareholder are targeting to raise as much as $939.6 million in an initial public offering in the United States, the Farmland bacon maker said on Tuesday. (Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Shilpi Majumdar) ((ArasuKannagi.Basi...Reuters
Tue, Jan 21
Deals of the day-Mergers and acquisitions
Jan 21 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1120 GMT on Tuesday:** Saudi Arabian mining fund Manara Minerals is set to buy a 10%-20% in the Reko Diq copper and gold project in Pakistan for proceeds of about $500 million to $1 billion, the Financial Tim...Reuters
Tue, Jan 21
BRIEF-Ercot Issues Transmission Emergency In South And Southeast Texas For Loss Of Transmission From Freezing Precipitation
Jan 21 (Reuters) - ELECTRICITY RELIABILITY COUNCIL OF TEXAS (ERCOT):SAYS AT 5, IT IS ISSUING A TRANSMISSION EMERGENCY IN SOUTH AND SOUTHEAST TEXAS FOR LOSS OF TRANSMISSION FROM FREEZING PRECIPITATION ((Reuters.Briefs@thomsonreuters.com;))Reuters
Tue, Jan 21
UPDATE 1-Germany's auto association calls for "economic strength" in face of Trump
Adds with further detail on stance towards new German government BERLIN, Jan 21 (Reuters) - Germany and Europe need to become more independent and competitive to face challenges posed by U.S. President Donald Trump , the head of Germany's auto association said on Tuesday. "We need a c...Reuters
Tue, Jan 21
EXPLAINER-Can Trump overturn Biden's offshore drilling ban?
By Nate Raymond Jan 21 (Reuters) - President Donald Trump in an executive order on Monday revoked a ban imposed by former Democratic President Joe Biden on new offshore oil and gas development along most of the country's coastlines. Trump is certain to face legal challenges over his authority to ...Reuters
Tue, Jan 21
UPDATE 1-Kuwait's KPC CEO says oil production capacity exceeds 3 million bpd
Adds details, background from paragraph two onwardsBy Ahmed Hagagy KUWAIT, Jan 21 (Reuters) - Kuwait's oil production capacity now exceeds 3 million barrels per day, Kuwait Petroleum Corporation (KPC) CEO Sheikh Nawaf Saud al-Sabah told reporters on Tuesday.The country's oil production capacity w...Reuters
Tue, Jan 21
UPDATE 1-Orsted dives 17% after US impairments; Trump adds to uncertainty
Orsted takes another set of impairments due to U.S. challengesShares plunge 17%, now down around 84% since 2021 peakTrump ends govt support for wind power, stokes industry fearsUpdates throughout, adds valuation, Trump quote, detail in paragraphs 2, 6-8, 11By Stine Jacobsen COPENHAGEN, Jan 21 (Re...Reuters
Tue, Jan 21
Unfortunate that US withdrawing from Paris agreement, EU climate chief says
BRUSSELS, Jan 21 (Reuters) - The European Union's climate policy chief Wopke Hoekstra said on Tuesday it was unfortunate that U.S. President Donald Trump has once again withdrawn the United States from the Paris climate deal."It is truly an unfortunate development that the world's largest economy, a...Reuters
Tue, Jan 21
EU's von der Leyen says Paris agreement continues to be best hope for humanity
DAVOS, Jan 21 (Reuters) - The Paris Climate agreement continues to be the best hope for all humanity, European Commission President Urusula von der Leyen said on Tuesday at the World Economic Forum in Davos.President Donald Trump once again withdrew the United States from the deal on Monday."Europe ...Reuters
Tue, Jan 21
EU must remove remaining barriers to its energy union, Von der Leyen says
DAVOS, Jan 21 (Reuters) - The European Union must remove any remaining barriers to its energy union and must invest in next-generation clean energy technology, European Commission President Ursula von der Leyen said on Tuesday at the World Economic Forum in Davos.She said that the EU must continue t...Reuters
Tue, Jan 21
EXCLUSIVE-Aramco chief expects additional oil demand of 1.3 mln bpd this year
Will wait and see impact of sanctions on Russia tankersKingdom takes market balance into account when setting outputLooking to expand LNG position globallyUpdates with details, quotes, background throughoutBy Marwa Rashad DAVOS, Switzerland, Jan 21 (Reuters) - Saudi oil giant Aramco's Chief Execu...Reuters
Tue, Jan 21
Egypt’s Mostakbal Misr makes major Russian wheat purchase
CAIRO, Jan 21 (Reuters) - Egypt’s state grain buyer, Mostakbal Misr, has made a significant purchase of Russian wheat, set for shipment this month, three sources familiar with the matter told Reuters.The shipment, procured through Russia's OZK Group, will be loaded onto four vessels sailing under th...Reuters
Tue, Jan 21
Italy's Prysmian ditches plan to build U.S. plant for offshore wind parks
Jan 21 (Reuters) - Italy's Prysmian PRY.MI will abandon a plan to build a plant in the United States to build cables for offshore wind parks, the cable maker said in a statement seen by Reuters on Tuesday."Prysmian has decided to not proceed with the purchase of the land in Somerset, and therefore w...Reuters
Tue, Jan 21
EXCLUSIVE-Aramco chief tells Davos he expects additional oil demand of 1.3 mln bpd this year
DAVOS, Switzerland, Jan 21 (Reuters) - Saudi oil giant Aramco's Chief Executive Amin Nasser said on Tuesday he sees the oil market as healthy and expects an additional 1.3 million barrels per day this year.Speaking at the World Economic Forum in Davos, Nasser was responding to a Reuters question on ...Reuters
Tue, Jan 21
Japan offers to buy 126,893 tons of food wheat via tender
TOKYO, Jan 21 (Reuters) - Japan's Ministry of Agriculture, Forestry and Fisheries (MAFF) is seeking to buy a total of 126,893 metric tons of food-quality wheat from the U.S., Canada and Australia in a regular tender that will close late on Thursday.Japan, the world's sixth-biggest wheat importer, ma...Reuters
Tue, Jan 21
