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White House fires railroad regulating Surface Transportation Board member
WASHINGTON, Aug 28 (Reuters) - The White House has fired U.S. railroad regulator Surface Transportation Board member Robert Primus, a spokesman said on Thursday, adding that he did not align with U.S. President Donald Trump's agenda."Robert Primus did not align with the President’s America F...Reuters
9 minutes ago
Oil ticks lower as end of driving season looms, Druzhba restarts
Crude falls after 1% gain in previous sessionUS demand to ease at the end of summer driving seasonRussian oil supplies through Druzhba pipeline restartIndian buying pattern of Russian oil in focus By Alex Lawler LONDON, Aug 28 (Reuters) - Oil prices edged lower on Thursday after rising in the pre...Reuters
31 minutes ago
CBOT Trends-Wheat down 3-4 cents, corn steady-down 1, soy mixed
CHICAGO, Aug 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 Thursday. WHEAT - Down 3 to 4 cents per bushelWheat futures Wv1 fell as expectations of bumper supplies continued to we...Reuters
36 minutes ago
NALCO To Invest 300 Billion Rupees For New Smelter, Coal Power Plant, CMD Says
Aug 28 (Reuters) - National Aluminium Co NALU.NS CMD:TO ACQUIRE NEW BAUXITE MINESPLAN TO ACQUIRE NEW COAL MINESTO INVEST 300 BILLION RUPEES FOR NEW SMELTER, COAL POWER PLANTLOOKING TO BID FOR SOME CRITICAL MINERALS MINES IN INDIAAVAILABILITY OF ALUMINA IN INDIAN MARKET HAS INCREASED DUE TO ADDITIONA...Reuters
37 minutes ago
White House fires Surface Transportation Board's Primus
WASHINGTON, Aug 28 (Reuters) - The White House has fired U.S. railroad regulator Surface Transportation Board member Robert Primus, a White House spokesman said on Thursday, adding that he did not align with U.S. President Donald Trump's agenda."The Administration intends to nominate new, mo...Reuters
47 minutes ago
Sibanye Stillwater narrows loss on restructuring, US production credits
H1 loss $211 million vs $372 million loss a year agoSibanye books another $526 million in impairmentsUS production credits, gold income partly offset lossesAug 28 (Reuters) - Sibanye Stillwater SSWJ.J reported a narrower first-half loss on Thursday, as production credits at its U.S. palladium busine...Reuters
51 minutes ago
Exxon sees natural gas demand surging in outlook to 2050
Oil demand to plateau post-2030, remain above 100 million barrels dailyExxon calls for affordable tech, policy to meet UN emissions goalHigher electricity demand driving growth in natural gasBy Sheila Dang HOUSTON, Aug 28 (Reuters) - Global demand for natural gas will rise more than 20% by 2050 f...Reuters
52 minutes ago
Jack Daniel's maker Brown-Forman posts quarterly sales beat
Aug 28 (Reuters) - Jack Daniel's maker Brown-Forman BFb.N beat Wall Street estimates for first-quarter sales on Thursday, on the back of steady demand for its ready-to-drink beverages and spirits.Shares of the company rose about 4% in premarket trading, having also reiterated its annual forecast...Reuters
59 minutes ago
METALS-Copper drifts higher on increased risk appetite after Nvidia results
By Eric Onstad LONDON, Aug 28 (Reuters) - Copper prices edged higher on Thursday, supported by a weaker dollar and increased appetite for risky assets after results from Nvidia reassured markets about the AI boom.Benchmark three-month copper CMCU3 on the London Metal Exchange gained 0.3% to $9,78...Reuters
an hour ago
Tanker loads naphtha at Novatek's Ust-Luga terminal, data shows
MOSCOW, Aug 28 (Reuters) - Panama-flagged tanker Star Energy was being loaded at Novatek's terminal at the Baltic Sea port of Ust-Luga, where the company's fuel-producing complex was damaged by fire last week, data from industry sources and LSEG showed on Thursday.Debris from a destroyed Ukr...Reuters
2 hours ago
RPT-COLUMN-Europe gas markets escape hectic LNG summer storage race: Bousso
European storage is at 76% of capacity, likely to reach 90% by OctoberEasing LNG demand in Asia to increase flows to EuropeLNG oversupply to grow sharply by 2030By Ron Bousso LONDON, Aug 28 (Reuters) - European gas traders have faced a stressful race against the clock in recent summers as they ha...Reuters
2 hours ago
RPT-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
2 hours ago
RPT-BREAKINGVIEWS-India can use US squeeze to demand more from China
By Shritama Bose MUMBAI, Aug 28 (Reuters Breakingviews) - U.S. President Donald Trump's quest to reorder global trade is having unlikely effects. Indian Prime Minister Narendra Modi will visit the northern Chinese port city of Tianjin next week on his first trip to the People's Repub...Reuters
2 hours ago
Harmony's profit jumps on record-high gold prices, copper plans advance
Gold miner's annual profit up 26%Gold price rally drives record dividend payoutHarmony close to completing $1 bln copper acquisition Aug 28 (Reuters) - Harmony Gold HARJ.J, South Africa's biggest gold producer, reported a 26% jump in annual profit on Thursday, primarily boosted by record-...Reuters
2 hours ago
Kremlin says it is satisfied after Italy arrests Ukrainian man over Nord Stream attack
MOSCOW, Aug 28 (Reuters) - The Kremlin said on Thursday that it was satisfied with the progress of a German investigation into attacks on the Nord Stream gas pipelines in the Baltic Sea in 2022 after Italy arrested a suspect wanted in Germany.An Italian appeals court earlier this month confirmed the...Reuters
2 hours ago
GRAINS-Wheat extends fall on renewed signs of ample global supplies
Australia's wheat production forecast raised due to improved conditionsCorn rises for first time in four sessionsUS-China talks may impact soybean marketBy Sybille de La Hamaide and Naveen Thukral PARIS/SINGAPORE, Aug 28 (Reuters) - Chicago wheat futures extended their fall to a new one-week ...Reuters
3 hours ago
Tanker with sanctioned Russian Arctic LNG 2 cargo berths in China, tracking data shows
First Arctic LNG 2 cargo arrives in China amid Western sanctionsCargo arrives via Arctic Mulan tanker, also subject to sanctionsFive other Arctic LNG 2 cargoes loaded this year heading east -dataBy Emily Chow SINGAPORE, Aug 28 (Reuters) - A tanker carrying liquefied natural gas from Russia's ...Reuters
3 hours ago
Russia eyes China trade revival as Putin prepares for Xi summit, sources say
Putin to meet Xi at summit in northern ChinaRussia-China trade turnover down 8% from January to JulySlide in trade from record highs causing concern in MoscowChina crucial for Russian military tech, says Russian sourceAgriculture and energy projects could be ways to boost trade By Gleb Bryanski, Dar...Reuters
3 hours ago
FACTBOX-How Germany is building up LNG import terminals
FRANKFURT, Aug 28 (Reuters) - Germany is putting into operation a second liquefied natural gas import terminal, the latest step in its effort to replace piped Russian gas since Moscow's invasion of Ukraine in 2022.Its first move has been to deploy floating storage regasification units (FSRUs) to...Reuters
3 hours ago
