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METALS-Copper breaks four-session win streak on firmer dollar, China worries
By Eric Onstad LONDON, Aug 27 (Reuters) - Copper slipped on Wednesday, breaking four sessions of gains, weighed down by a stronger dollar, rising inventories and concern about demand in China, the top metals consumer. The benchmark three-month contract CMCU3 on the London Metal Exchange was down ...Reuters
13 minutes ago
US natgas rises over 3% on bargain buying, strong LNG export flows
September contract expires today after hitting 10-month low on MondayEIA storage data due ThursdayBy Sherin Elizabeth Varghese Aug 27 (Reuters) - U.S. natural gas futures rose over 3% on Wednesday after a sharp decline earlier this week, buoyed by bargain buying and strong LNG export flows.Front-...Reuters
24 minutes ago
TechMet launches critical minerals trading unit after Mercuria ups investment
LONDON, Aug 27 (Reuters) - U.S. government-backed investment vehicle TechMet is launching a trading arm for critical minerals after further investment from commodity trading house Mercuria, it said on Wednesday.Privately-held TechMet has stakes in 10 companies, including Brazilian Nickel, Cornish Li...Reuters
31 minutes ago
Suncor Reports Planned Equipment Shutdowns For Maintenance At Montreal Refinery
Aug 27 (Reuters) - Suncor Energy Inc SU.TO:AS OF SEPTEMBER 1, THERE WILL BE PLANNED EQUIPMENT SHUTDOWNS FOR MAINTENANCE WORK THAT WILL CONTINUE FOR A PERIOD OF SIX WEEKS AT MONTREAL REFINERYWORK IS PART OF OUR REGULAR REFINERY MAINTENANCE AND REPAIR PLAN TO ENSURE SAFE AND RELIABLE OPERATIONDURING T...Reuters
33 minutes ago
Ryanair CEO 'optimistic but not confident' Boeing will deliver MAX 10 on time
DUBLIN, Aug 27 (Reuters) - Ryanair RYA.I CEO Michael O'Leary said on Wednesday he was "optimistic, but not confident" that Boeing BA.N would meet its target to deliver its first MAX 10 aircraft by early 2027, and warned the airline's growth would otherwise "flatline". O'L...Reuters
34 minutes ago
BREAKINGVIEWS-Utilities facing AI power drain will plug together
By Robert Cyran NEW YORK, Aug 27 (Reuters Breakingviews) - It’s getting tougher to keep the lights on. Amid the rush of economic modernization and a chase for cost-cutting through scale, the number of listed public utilities in the United States fell from around 1,000 in the early 20th century to...Reuters
an hour ago
J.M. Smucker misses quarterly profit estimates as high coffee prices weigh
Aug 27 (Reuters) - Folgers coffee maker J.M. Smucker SJM.N missed Wall Street estimates for first-quarter profit on Wednesday, hurt by a rise in commodity costs as U.S. tariffs weighed.Higher inflation has prompted packaged food companies such as J.M. Smucker and Conagra Brands CAG.N to raise produc...Reuters
an hour ago
Taiwan rattled by quake off northeast coast, no reports of damage
TAIPEI, Aug 27 (Reuters) - A magnitude 6 earthquake struck in the sea off the northeast coast of Taiwan on Wednesday, the island's weather administration said, with no reports of damage.The quake briefly shook buildings in the capital, Taipei. The quake, some 20 km (12.4 miles) offshore from Yil...Reuters
an hour ago
Ryanair CEO says aviation sustainability targets are 'dying a death'
DUBLIN, Aug 27 (Reuters) - Ryanair RYA.I Chief Executive Michael O'Leary has said sustainability targets for aviation are "dying a death", with the sector set to miss both 2030 targets for sustainable aviation fuel and a 2050 net zero mandate. "I don't believe SAF is a good thing...Reuters
an hour ago
Methane emissions rise in Brazil, the world's largest beef exporter
By Ana Mano SAO PAULO, Aug 27 (Reuters) - Brazilian emissions of a potent greenhouse gas called methane increased 6% between 2020 and 2023, the year in which the world's largest beef exporter reached the second-highest level of methane emissions ever, or 21.1 million tons.According to a study...Reuters
an hour ago
Kyrgyzstan begins mining gold at Kumtor deposit after nationalisation
BISHKEK, Aug 27 (Reuters) - Kyrgyzstan on Wednesday began underground gold mining at Kumtor, one of the largest deposits in Central Asia, which the government said could hold as many as 147 metric tons of gold reserves. Kyrgyz President Sadyr Japarov, a populist and nationalist, nationalised the min...Reuters
2 hours ago
Taiwan rattled by 6 magnitude quake, no immediate reports of damage
TAIPEI, Aug 27 (Reuters) - A 6 magnitude earthquake struck just off Taiwan's northeast coast on Wednesday, the island's weather administration said, with no immediate reports of damage.The quake shook buildings in the capital, Taipei. The quake had a depth of 112 km (70 miles), the weather a...Reuters
2 hours ago
CBOT Trends-Wheat down 5-6 cents, corn down 1-2, soy steady-down 1
CHICAGO, Aug 27 (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 Wednesday. WHEAT - Down 5 to 6 cents per bushelWheat futures Wv1 fell for the first time in three sessions on ample glo...Reuters
2 hours ago
Report spotlights tensions in Mali military over Wagner mercenaries
By Portia Crowe DAKAR, Aug 27 (Reuters) - Russian private mercenary operations in Mali have sowed resentment within the West African nation's army and military government, caused security lapses, and failed to yield any mining concessions, a new report has found.The Wagner group began operati...Reuters
2 hours ago
EQT to buy LNG from Sempra's Port Arthur Phase 2 project
Aug 27 (Reuters) - A unit of U.S. energy company Sempra SRE.N will supply 2 million tonnes per annum (Mtpa) of liquefied natural gas from the Port Arthur LNG Phase 2 development project to EQT Corp EQT.N for 20 years, the companies said on Wednesday. Commercial activity in the U.S. LNG s...Reuters
2 hours ago
Oil steadies as investors focus on Ukraine, inventories and tariffs on India
US envoy to meet Ukrainians representatives in New YorkTrump's hefty India tariffs take effect US oil inventories show weekly decline, sources sayRussia plans higher August crude exportsBy Alex Lawler LONDON, Aug 27 (Reuters) - Oil prices steadied on Wednesday as investors digested an industr...Reuters
2 hours ago
Gold slips from two-week peak as US Dollar firms, Fed turmoil in focus
Gold (XAU/USD) is trading on the back foot on Wednesday as the US Dollar (USD) regains strength and edges higher, despite political turmoil surrounding US President Donald Trump’s attempt to oust Federal Reserve (Fed) Governor Lisa Cook.
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3 hours ago
