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Russia's Kirishi oil refinery halts operations after drone attack, sources say
Several refinery units caught fire following multiple drone strikes, sources saidKirishi refinery is among Russia's largest and was targeted previouslyRussia's oil supply is under strain as about 40% of export capacity is offline MOSCOW, March 26 (Reuters) - Russia's Kirishinefteorgsi...Reuters
10 minutes ago
Russia has no free capacity to produce more fertilisers now, head of industry lobby says
MOSCOW, March 26 (Reuters) - Russia does not have any free capacity to produce more fertilisers amid the global supply crunch caused by the war in Iran, the head of a lobby group for the industry was quoted by TASS news agency as saying on Thursday.Reuters
14 minutes ago
Barrick Mining Continues To Believe In The Long-Term Value Of Reko Diq - Spokesperson
Barrick Mining Corp ABX.TO:BARRICK MINING: CONTINUES TO BELIEVE IN THE LONG-TERM VALUE OF REKO DIQ - SPOKESPERSONBARRICK: NEEDS TO EXTEND REVIEW BY 12 MONTHS FROM JULY TO CONTINUE TO ASSESS POTENTIAL IMPACTS & DELIVERY STRATEGY OF REKO DIQBARRICK MINING: ANTICIPATES EXTENDED REVIEW AND REDUCED P...Reuters
17 minutes ago
Fuel-thirsty Asian countries line up for Russian oil
Asian countries seeking more Russian oilPhilippines, Thailand, Indonesia, Sri Lanka face fuel shortages Kremlin says demand for Russian oil is highVietnam is seeking long-term Russian oil deliveries and investment MOSCOW, March 26 (Reuters) - Asian countries including Vietnam, Thailand, the Phili...Reuters
17 minutes ago
CBOT Trends-Wheat down 3-5 cents, corn mixed, soybeans up 1-4 cents
CHICAGO, March 26 (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 Thursday:WHEAT - Down 3 to 5 cents per bushel Wheat futures fell on technical trading amid conflicting signals over the I...Reuters
20 minutes ago
Yemen's Houthis ready to join Iran war if needed, raising new shipping risk
Houthis have track record of disrupting international shippingIran-aligned group ready should need arise to join war, leader saysBab al-Mandab is a key choke point By Mohammed Ghobari and Emma Farge ADEN/GENEVA, March 26 - Yemen's Iran-aligned Houthi movement, whose attacks on the Red Sea cau...Reuters
22 minutes ago
Poland to cap fuel prices, lower taxes on fuel, PM says
WARSAW, March 26 (Reuters) - Poland will cap fuel prices to mitigate the effects of the war in the Middle East, Prime Minister Donald Tusk said on Thursday.He said that VAT on fuel would be cut to 8% from 23% and that excise tax would be cut to the minimum.Reuters
22 minutes ago
WTO chief calls for trade overhaul to meet new world order
Says multilateral system 'we used to know' is gone Focus on decision-making, transparency over subsidiesEnvoys fear states will start setting their own rulesBy Olivia Le Poidevin YAOUNDE, March 26 (Reuters) - The WTO chief called on countries on Thursday to overhaul global trade rules...Reuters
27 minutes ago
GRAINS-Chicago grains subdued as war uncertainty weighs
Traders also await U.S. biofuel targets and USDA acreage estimatesSoybean market eyes Chinese demand ahead of Trump's Beijing visit BEIJING/PARIS, March 26 (Reuters) - Chicago corn and wheat futures ticked lower on Thursday while soybeans were steady as traders monitored developments in the M...Reuters
29 minutes ago
Interlink Electronics Q4 revenue falls on lower force-sensor shipments
OverviewUS sensor technology provider's Q4 revenue declined 5% yr/yr due to lower force-sensor shipmentsGross margin for Q4 fell to 31.7% from 39.6%, impacted by product mix and higher China costsNet loss widened in Q4, reflecting lower revenue and gross marginOutlookCompany says it is well-posi...Reuters
29 minutes ago
RPT-POLL-US natural gas stockpiles likely fell by 44 billion cubic feet last week
March 25 (Reuters) - U.S. energy firms likely pulled 44 billion cubic feet of natural gas from storage last week, according to the average estimate in a Reuters poll released on Wednesday. The estimate compares with an injection of 33 bcf during the same week a year ago and an average decline of 21 ...Reuters
54 minutes ago
Poland to cut VAT and excise on fuel as prices surge, TVP Info reports
WARSAW, March 26 (Reuters) - Poland's government has decided to cut VAT and excise tax on fuels, TVP Info reported on Thursday, citing sources, as Warsaw moves to shield drivers from the impact of the war in the Middle East. Prime Minister Donald Tusk will announce details at a press co...Reuters
57 minutes ago
Air Canada CEO apologizes for English-only remarks after Carney criticism
March 26 (Reuters) - Air Canada AC.TO CEO Michael Rousseau on Thursday apologized for expressing condolences after a fatal crash in English and not in French, the country's second official language, after coming under criticism from Prime Minister Mark Carney. Rousseau said he was "deeply s...Reuters
an hour ago
PRESS DIGEST-Canada - March 26
March 26 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAILLNG Canada has agreed to take the lead role in a possible expansion of the Coastal GasLink pipeline in northern Bri...Reuters
an hour ago
Gold slides as US-Iran uncertainty and global interest rate outlook weigh
Gold (XAU/USD) edges lower on Thursday, snapping a two-day winning streak as uncertainty surrounding US-Iran negotiations to end the conflict keeps markets on edge, with price action largely driven by hawkish global interest rate expectations stemming from an Oil-driven inflation shock.
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an hour ago
Russia's vast Kirishi oil refinery halts operations after drone attack, sources say
MOSCOW, March 26 (Reuters) - Russia's vast Kirishinefteorgsintez oil refinery, one of country's largest, halted processing on Thursday following Ukrainian drone attacks which set some plant's units ablaze, two industry sources said.They said some primary and secondary units caught fire a...Reuters
an hour ago
Maersk says Gulf land-bridge routes still have capacity for food, medicines
Maersk using land-bridge routes to keep food, medicines flowing to GulfWar in Middle East has rippled across global supply chainsGulf countries import up to 85% of their foodRising costs for fuel, insurance, and transport increase logistics pricesBy Maggie Fick LONDON, March 26 (Reuters) - Shippi...Reuters
an hour ago
Oil rises as investors fear further Middle East escalation
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 by over 4% on Thursday, rebounding from the previous se...Reuters
an hour ago
Putin says Iran war consequences could be as serious as those of COVID pandemic
MOSCOW, March 26 (Reuters) - Russian President Vladimir Putin said on Thursday that it was hard to predict the consequences of the conflict in the Middle East but that some had compared the potential impact to that of the COVID pandemic.The conflict, Putin said, was causing significant damage to int...Reuters
an hour ago
