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Europe's top utility Iberdrola to invest $68 bln with growing focus on US, UK grids
MADRID, Sept 24 (Reuters) - Spanish utility Iberdrola IBE.MC plans to invest 58 billion euros ($68.42 billion) through 2028 with a growing focus on expanding and upgrading power networks in Britain and the United States, it said on Wednesday.The move is in line with its previous pledge to increase a...Reuters
14 minutes ago
Ukraine's drones again attack Russia's major petrochemical complex
Ukraine intensifies strikes as peace talks stallSame complex hit last week, Ufa refinery targeted this monthSalavat produces fuels, plastics, ammonia MOSCOW, Sept 24 (Reuters) - The Salavat petrochemical complex, one of Russia's largest which is located in Bashkortostan region, was attacked b...Reuters
30 minutes ago
Oil little changed; lower US crude stockpiles provide floor
By Jeslyn Lerh SINGAPORE, Sept 24 (Reuters) - Oil prices were broadly stable on Wednesday as an industry report showed U.S. crude inventories declined last week, adding to a sense in the market of tightening supplies. Brent futures LCOc1 rose 3 cents to $67.66 a barrel by 0630 GMT. U.S. West Texa...Reuters
34 minutes ago
New flood fears spook evacuees after Super Typhoon Ragasa kills 14 in Taiwan
Flood from overflowing barrier lake kills 14, 152 missingTaiwan hit by outer bands of Super Typhoon RagasaRescuers rush to disaster zone in mountainous eastTaiwan's semiconductor industry not affectedBy Yimou Lee, Fabian Hamacher and Ann Wang HUALIEN, Taiwan, Sept 24 (Reuters) - Residents in ...Reuters
35 minutes ago
TABLE-North Sea gas maintenance schedule: Adds Cygnus outage
Sept 24 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUTA...Reuters
40 minutes ago
PRECIOUS-Gold hovers near record high as rate cut hopes, geopolitical risks bolster demand
Fed's Powell strikes middle path on inflation, jobsTrump says Ukraine can retake all its land from RussiaUS Personal Consumption Expenditures index data due on FridayBy Anmol Choubey Sept 24 (Reuters) - Gold prices rose on Wednesday, hovering near record highs, as expectations of further rate...Reuters
41 minutes ago
WRAPUP 3-Typhoon Ragasa takes aim at China after leaving 14 dead in Taiwan, lashing Hong Kong
14 people dead in Taiwan, 129 missing after lake overflowsRoads, beaches, hotel flooded in Hong KongHundreds of south China flights cancelled, shelters openedRagasa expected to target China's Guangdong Province nextBy Jessie Pang and David Kirton HONG KONG/SHENZHEN, China, Sept 24 (Reuters) -...Reuters
53 minutes ago
CORRECTED-Russia's Salavat petrochemical complex attacked by Ukrainian drones, governor says
MOSCOW, Sept 24 (Reuters) - The Salavat petrochemical complex, controlled by energy giant Gazprom GAZP.MM, in Russia's Bashkortostan was attacked by Ukrainian drones, regional governor Radiy Khabirov said on Wednesday via his channel on Telegram.Emergency services are taking measures to extingui...Reuters
59 minutes ago
Crude oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $63.40 per barrel, down from Tuesday’s close at $63.56.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $67.06 after its previous daily close at $67.25.
Fxstreet
an hour ago
COLUMN-Iran sanctions snapback offers Chinese oil buyers a lucrative boost: Bousso
Britain, France, Germany launch process to reimpose UN sanctions on IranBut sanctions are unlikely to deter China's Iranian oil purchasesWestern sanctions' effectiveness eroding in global oil marketsBy Ron Bousso LONDON, Sept 24 (Reuters) - The looming revival of international sanctions o...Reuters
an hour ago
Poland - Factors to Watch September 24
WARSAW, Sept 24 (Reuters) - The following are significant news stories, press reports and events on Wednesday. ALL TIMES GMT (Poland: GMT + 2 hours):TENDER FOR TRAINSPolish rail operator PKP Intercity will announce a tender for the purchase of 20 trains capable of a minimum speed of 320 kilometers p...Reuters
an hour ago
WTI holds losses near $63.50 despite growing supply concerns
West Texas Intermediate (WTI) Oil price edges lower after registering more than 2% in the previous session, trading around $63.50 per barrel during the Asian hours on Wednesday. Crude Oil prices gained ground after the American Petroleum Institute’s (API) Weekly Statistical Bulletin (WSB) reported aFxstreet
2 hours ago
COLUMN-Metallurgical coal is set to rise from the doldrums as green steel ambition fades: Russell
By Clyde Russell JIMBARAN, Indonesia, Sept 24 (Reuters) - An industry that is shutting down some production as prices hover around four-year lows and higher taxes bite doesn't sound like it should be particularly bullish.But metallurgical coal producers have reason for medium- to long-term op...Reuters
2 hours ago
TECHNICALS-CBOT soybeans may retest support at $10.05
For more technical analyses, please click SINGAPORE, Sept 24 (Reuters) - The CBOT soybean November contract SX25 may retest support at $10.05 per bushel, as it has deeply pierced below the support at $10.11-1/4.Identified as the 100% projection level of a wave (c) from $10.52-1/2, this support serve...Reuters
3 hours ago
PRESS DIGEST-British Business - September 24
Sept 24 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times- Amazon.com AMZN.O said it planned to close all of its 19 Amazon Fresh UK convenience grocery stores, p...Reuters
3 hours ago
BREAKINGVIEWS-US solar dumping probe is India’s Icarus moment
By Shritama Bose MUMBAI, Sept 24 (Reuters Breakingviews) - The American sun is burning Indian exporters. The United States is investigating a dumping complaint against solar firms, including Waaree Energies WAAN.NS and a unit of Adani Enterprises ADEL.NS. It could result in triple-digit tariffs o...Reuters
3 hours ago
Canadian PM expects 'constructive' trade talks with China to deepen
By Christian MartinezSept 23 (Reuters) - Canadian Prime Minister Mark Carney said he had "constructive" trade talks with Chinese Premier Li Qiang and expected the dialogue to deepen over time, as both countries seek to navigate a way out of a tariff conflict. Ties deteriorated after Canada ...Reuters
3 hours ago
