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Orsted's Revolution Wind sues Trump administration over project halt
COPENHAGEN, Sept 4 (Reuters) - Danish wind farm developer Orsted's ORSTED.CO Revolution Wind joint venture has filed a lawsuit against the administration of President Donald Trump over the U.S. government's decision to block construction of the project off Rhode Island, a court filing showed...Reuters
5 minutes ago
Orsted's Revolution Wind sues Trump administration over project halt
COPENHAGEN, Sept 4 (Reuters) - Danish wind farm developer Orsted's ORSTED.CO Revolution Wind joint venture has filed a lawsuit against the administration of President Donald Trump over the U.S. government's decision to block construction of the wind farm project off Rhode Island, a court fil...Reuters
19 minutes ago
Oil falls more than 1% as OPEC+ to consider another output hike
OPEC+ to consider raising oil production further, sources sayOPEC+ meeting set for SundayUS crude stocks rose last week, sources say By Enes Tunagur LONDON, Sept 4 (Reuters) - Oil prices fell 1.5% on Thursday, adding to their more than 2% decline the previous session, as investors awaited a weeke...Reuters
33 minutes ago
The “Fed Independence Trade” Is Heating Up — Goldman and JPMorgan Offer an Investment Guide
TradingKey - The global selloff in long-term bonds has ignited the so-called “Fed independence trade,” with JPMorgan analyzing asset performance for clues, and Goldman Sachs forecasting gold prices could reach $5,000 per ounce.
TradingKey
43 minutes ago
CBOT Trends-Wheat down 4-6 cents a bushel, corn steady-up 1 cent, soy down 4-6 cents
CHICAGO, Sept 4 (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.NOTE: The USDA's weekly export sales report is delayed until Friday due to Monday's federal holiday. W...Reuters
54 minutes ago
Nigeria's Dangote refinery gasoline unit could be shut for 2-3 months, IIR says
Sept 4 (Reuters) - The gasoline unit at Nigeria's 650,000 barrel-per-day Dangote refinery may be shut for 2-3 months for repairs, IIR Energy said in a client note on Thursday. The 204,000 bpd Residue Fluidized Catalytic Cracking Unit (RFCCU) was forced to shutdown on August 29 and a tentative re...Reuters
an hour ago
METALS-Copper retreats on firm dollar, profit-taking ahead of U.S. data
By Eric OnstadLONDON, Sept 4 (Reuters) - Copper prices pulled back on Thursday on a firm dollar and as investors locked in profits from a rally to a five-month peak ahead of key U.S. jobs data and amid uncertainty about tariffs.Three-month copper on the London Metal Exchange CMCU3 slipped 0.9% to $9...Reuters
2 hours ago
'MAHA' commission report due next week, White House adviser says
WASHINGTON, Sept 4 (Reuters) - The Trump administration's widely anticipated report from President Donald Trump's "Make America Healthy Again" commission will be released next week, White House adviser to "MAHA" Calley Means said on Thursday."We need to get back to whole ...Reuters
2 hours ago
Dangote refinery's gasoline unit could be shut for 2-3 months, source says
Sept 4 (Reuters) - The gasoline unit at Nigeria's 650,000 barrel-per-day Dangote refinery may be shut for 2-3 months for repairs, a source said citing a client note from IIR Energy on Thursday. The 204,000 bpd Residue Fluidized Catalytic Cracking Unit (RFCCU) was forced to shutdown on August 29 ...Reuters
2 hours ago
RPT-COLUMN-China-Russia pipeline diplomacy threatens Trump's energy grip: Bousso
Russia to increase natural gas exports to China China, Russia sign initial agreement to develop new pipeline, but price undecidedChina's growing dependence on Russian pipeline gas will reduce need for LNG importsBy Ron Bousso LONDON, Sept 4 (Reuters) - The high-stakes energy diplomacy in Beij...Reuters
2 hours ago
Norway oil and gas exploration round attracts bids from 20 firms
OSLO, Sept 4 (Reuters) - Norway's energy ministry said on Thursday it has received applications from 20 oil and gas companies seeking exploration acreage in the government's annual mature-areas (APA) licensing round.This year's round will contain more acreage in the Arctic Barents Sea, p...Reuters
2 hours ago
Afghanistan earthquake death toll tops 2,200, survivors face aid crunch
At least 2,205 dead, over 3,600 injured, Taliban saysAbout 84,000 affected, thousands displaced, says aid agencySome Kunar villages saw 98% of buildings destroyed or damaged Funding cuts, Taliban policies worsen aid situationBy Mohammad Yunus Yawar, Sayed Hassib and Charlotte Greenfield KABUL/MAZ...Reuters
2 hours ago
GRAINS-Wheat falls further to three-week low, corn and soybeans also down
PARIS/JAKARTA, Sept 4 (Reuters) - Chicago wheat fell for a third session on Thursday to touch a three-week low as ample global supplies continued to weigh on the cereal market.Corn eased further from a six-week high, as a looming record U.S. harvest countered support from brisk exports, while soybea...Reuters
2 hours ago
Hitachi to invest $1 billion to produce power grid components in US
Hitachi to build massive new facility in Virginia for power transformersInvestment aims to meet AI data centers' electricity demandHitachi's global investment exceeds $9 billionBy Laila Kearney NEW YORK, Sept 4 (Reuters) - Hitachi plans to invest $1 billion to expand its U.S. power grid i...Reuters
3 hours ago
Goldman Sachs sees gold prices surpassing $4,000 if investors ramp up buying
Sept 4 (Reuters) - Goldman Sachs said gold prices could surge well above its $4,000 per troy ounce baseline by mid-2026, should private investors diversify more heavily into the metal. Spot gold XAU= prices hit a record high of $3,578.50 per ounce on Wednesday on expectations of a U.S. Federal R...Reuters
3 hours ago
Chinese navy says it conducted 'routine patrol' in South China Sea
BEIJING, Sept 4 (Reuters) - China's navy conducted a "routine patrol" in the South China Sea on September 3, a spokesperson for its Southern Theatre Command said on Thursday, while accusing the Philippines of "undermining regional peace and stability" through joint patrols with o...Reuters
3 hours ago
RPT-COLUMN-US gas power capacity set for big jump as renewables growth slows: Maguire
By Gavin MaguireLITTLETON, Colorado, Sept 4 (Reuters) - U.S. power developers are planning to sharply boost natural gas and hydropower generation capacity and are cutting back on plans to add new solar and wind farms, according to recent data on the U.S. power capacity pipeline. As of mid-2025, U.S....Reuters
3 hours ago
1-800-Flowers Q4 adjusted EPS misses
Overview1-800-Flowers fiscal Q4 revenue beats analyst expectations, per LSEG dataAdjusted EPS for Q4 misses estimates, reflecting increased operating expensesNet loss for Q4 was $51.9 mln, impacted by impairment chargesOutlookCompany aims to drive cost savings and organizational efficiency in FY 202...Reuters
3 hours ago
Russia's Arctic LNG 2 delivers first cargo, says manager citing data
VLADIVOSTOK, Russia, Sept 4 (Reuters) - Russia's Arctic LNG 2 project has delivered its first LNG cargo, a senior manager at the majority shareholder told Reuters on Thursday, citing ship-tracking data."The first vessel has entered China, according to the data, as you see," Yevgeny Ambro...Reuters
3 hours ago
