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Dynacor Group's 2025 sales, net income rise on higher volmes, gold prices
OverviewCanada ore processor's 2025 sales rose 40% yr/yr, slightly missed two-analyst estimate2025 net income and diluted EPS increased, driven by higher gold prices and expansionCompany completed Svetlana plant acquisition, expanded internationally, and raised annual dividendOutlookDynacor sees...
Reuters
5 minutes ago
Maersk says Gulf land-bridge routes still have capacity for food, medicines
LONDON, March 26 (Reuters) - Shipping giant Maersk is maintaining food and medicine supply lines via alternative land-bridge routes that still have some spare capacity despite the war in the Gulf, its regional head told Reuters on Thursday. The war that began with U.S.-Israeli strikes on Iran las...
Reuters
10 minutes ago
Lovesac Q4 sales beat estimates, helped by showroom expansion
OverviewU.S. home furniture brand's Q4 sales rose 2.7% yr/yr, beating analyst expectationsQ4 adjusted EBITDA missed consensus, net income declined yr/yrCompany announced new $40 mln share repurchase authorizationOutlookLovesac sees FY27 net sales between $700 mln and $750 mlnCompany expects FY27...
Reuters
33 minutes ago
Russia's Rosatom evacuates another group of staff from nuclear plant in Iran, TASS says
MOSCOW, March 26 (Reuters) - The head of Russia's state nuclear corporation Rosatom, Alexei Likhachev, said on Thursday that Rosatom had evacuated another group of its staff from Iran's Bushehr nuclear power plant, TASS reported.The International Atomic Energy Agency on Tuesday said it had b...
Reuters
34 minutes ago
WTO chief: world order has irrevocably changed
By Olivia Le PoidevinGENEVA, March 26 (Reuters) - The head of the World Trade Organization said on Thursday the multilateral system has fundamentally changed and that countries must look to the future to consider how to reform the global trade system. "The world order and multilateral system we ...
Reuters
42 minutes ago
RPT-ROI-Europe scales back climate goals to ease Iran war energy shock: Bousso
By Ron Bousso HOUSTON, March 26 (Reuters) - The European Union may be forced to scale back its flagship climate policies and geopolitical aims as the Iran war drives up energy prices - with lasting consequences for the bloc's energy strategy.The energy crunch sparked by the conflict, now in i...
Reuters
45 minutes ago
Maersk says alternative Gulf land-bridge routes still have capacity for food, medicine deliveries
LONDON, March 26 (Reuters) - There is still capacity via alternative land-bridge routes set up to keep food and medicine flowing despite the war in the Gulf, the Middle East head of shipping giant Maersk told Reuters on Thursday.Danish container shipping group A.P. Moller-Maersk MAERSKb.CO is coordi...
Reuters
50 minutes ago
WTI Crude Oil holds firm as Middle East tensions, strong US Dollar shape upside limits
West Texas Intermediate (WTI) US Oil trades around $92.05 on Thursday at the time of writing, up 1.73% on the day, extending its positive bias despite a lack of strong bullish conviction.
WTI
Fxstreet
54 minutes ago
Ukraine sees corn area stable, fertiliser shock may hit 2027
Fertiliser prices rise sharply due to Iran warUkraine is a major corn grower and exporterFarmers may cut corn planting area in 2027By Pavel PolityukKYIV, March 26 (Reuters) - A sharp rise in fertiliser prices is unlikely to prompt big changes in Ukraine's crop-planting plans this year, but could...
Reuters
56 minutes ago
China's 'Davos' loses lustre as debate dims, face time with leaders fades
China's answer to Davos more scripted and insular, attendees sayExecutives say access has narrowed, debate less robustBeijing's pledges of openness contrast with fuel export bansBy Joe CashBEIJING, March 26 (Reuters) - Two high-profile Chinese global forums, including one dubbed Asia's D...
Reuters
58 minutes ago
WTO head: world order has irrevocably changed
GENEVA, March 26 (Reuters) - The head of the World Trade Organization said on Thursday the multilateral system has fundamentally changed and that countries must look to the future to consider how to reform the global trade system. "The world order and multilateral system we used to know has irre...
Reuters
an hour ago
Russia's envoy Dmitriev says US played role in decision not to use Russian sovereign assets for loan to Ukraine
MOSCOW, March 26 (Reuters) - The United States played a "positive and constructive" role in the EU's decision earlier this year not to seize 210 billion euros ($240 billion) worth of Russian sovereign assets for a loan to Ukraine, President Vladimir Putin's special envoy Kirill Dmitr...
Reuters
an hour ago
Somalia's tuk-tuks stall as Iran war drives fuel price spike
MOGADISHU, March 26 (Reuters) - Drivers of tuk‑tuk taxis in Somalia’s capital are abandoning their livelihoods as fuel prices surge, pushed up by disruptions to oil shipments linked to the Iran conflict. With fares rising, passengers have dropped away and many drivers in Mogadishu say they can no lo...
Reuters
an hour ago
Gold Price Forecast: XAU/USD declines sharply to near $4,400 as Middle East fears revive
Gold price (XAU/USD) is down 2% to near $4,410 during the European trading session on Thursday.
Gold
Fxstreet
an hour ago
Lumber producer GreenFirst Forest Products' Q4 net sales rise on higher shipment volumes
OverviewCanada lumber producer's Q4 net sales rose 10% from Q3, driven by higher shipmentsAdjusted EBITDA loss for Q4 narrowed compared to Q3, but remained negativeNet loss for Q4 narrowed to C$32.8 mln from C$57.4 mln in Q3OutlookCompany expects near-term lumber demand to remain below mid-cycle...
Reuters
2 hours ago
Russia informed US of Ukraine’s attacks on energy facilities, envoy Dmitriev says
MOSCOW, March 26 (Reuters) - Russia has informed the United States of recent drone attacks by Ukraine on Russian energy infrastructure, President Vladimir Putin's special envoy Kirill Dmitriev said on Thursday. Dmitriev added that Ukraine is attempting to exacerbate the global energy crisis thro...
Reuters
2 hours ago
SPECIAL REPORT-Welcome to 'New Russia': How the Kremlin is remaking occupied Ukraine
By Anastasiia Malenko, Filipp Lebedev, Gleb Stolyarov, Ryan McNeill and Mari SaitoMarch 26 (Reuters) - Blazing trains, burning tracks, black smoke.Footage posted online by Ukrainian fighters documents their repeated sabotage attacks on a vast railroad system being built by Russia across the occupied...
Reuters
2 hours ago
South Korea says US cleared non‑dollar payments for Russian naphtha
SEOUL, March 26 (Reuters) - South Korea has confirmed with the U.S. that it can pay for Russian oil products, including naphtha, in currencies other than the dollar without facing secondary sanctions, Yang Ki-wook, director general of the Office of Industry, Trade and Resource Security at the trade ...
Reuters
2 hours ago
Tanker carrying Russian oil hit by drone in Black Sea near Turkey
Incident one of series involving sanctioned vessels in Black Sea27 crew members safe, Coast Guard dispatched to Altura tanker Closely monitoring risks posed in the Black Sea by drones - Turkey's defence ministry ISTANBUL, March 26 (Reuters) - A marine drone struck a crude oil tanker that had ...
Reuters
2 hours ago
Oil rises as investors reassess Middle East ceasefire prospects
Iran reviews US proposal, but has no interest in holding talksUkrainian attacks, tanker seizures halt 40% of Russia oil export capacityTurkey says drone struck oil tanker in the Black SeaBy Ahmad Ghaddar LONDON, March 26 (Reuters) - Oil rose more than 3% on Thursday, rebounding from the previous ...
Reuters
2 hours ago
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