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Indian jeweller Titan poised for double‑digit Q4 profit rise, CFO says
By Komal Salecha Feb 11 (Reuters) - India's Titan TITN.NS expects double-digit percentage growth in profit for the ongoing quarter, the jeweller's CFO said on Wednesday, as demand remains resilient amid firm gold prices. The Bengaluru-based firm, known for its Tanishq and CaratLane brands...Reuters
21 minutes ago
REFILE-Libya awards oil and gas exploration blocks to Chevron and Repsol-TOPC consortium
TRIPOLI, Feb 11 (Reuters) - Chevron secured an exploration licence in Libya's Sirte S4 Basin in the country's latest oil and gas bidding round, the National Oil Corporation (NOC) said on Wednesday.A consortium comprising Repsol and Turkey's TOPC also won an exploration licence for Liby&#...Reuters
32 minutes ago
Libya awards new oil, gas blocks to Chevron, Eni, others in first bidding round since 2007
By Ahmed ElumamiTRIPOLI, Feb 11 (Reuters) - Libya awarded oil and gas exploration blocks to foreign firms on Wednesday, including Chevron, Eni, QatarEnergy and Repsol, in its first licensing round in nearly two decades as it seeks to revitalise the sector despite political risks.The National Oil Cor...Reuters
44 minutes ago
Russia says US restrictions on its role in Venezuela's oil business are discrimination
Moscow is angry about new US restrictionsRussia, China and Iran are excluded in new rulesMoscow is seeking clarification from USRussia and Venezuela maintain long-standing tiesBy Dmitry Antonov and Vladimir Soldatkin MOSCOW, Feb 11 (Reuters) - Foreign Minister Sergei Lavrov said on Wednesday that...Reuters
53 minutes ago
Congo says it would seek other partners if US minerals framework fails
By Clara Denina and Maxwell Akalaare Adombila CAPE TOWN, Feb 11 (Reuters) - The Democratic Republic of Congo will look for other partners if its minerals cooperation framework with the U.S. does not lead to concrete projects, the country's mines minister said."Everything we have done with...Reuters
an hour ago
Trump's repeal of climate rule opens a 'new front' for litigation
Trump administration to repeal an Obama-era scientific findingPolicy reversal could lead to a surge in 'public nuisance' lawsuits Legal shield created by Supreme Court could unravelBy Jan Wolfe Feb 11 (Reuters) - The Trump administration's imminent repeal of an Obama-era scientific fi...Reuters
an hour ago
Record heat and raging fires ring in 2026 across the Southern Hemisphere
Heat and fires from Argentina to Australia to South AfricaThe past three years were the hottest on record globallyExtremes occur despite cooling influence of a weak La NinaBy Alexander Villegas SANTIAGO, Feb 11 (Reuters) - From Argentina to Australia to South Africa, record heat and raging wildfi...Reuters
an hour ago
Honeywell spinoff Solstice sees 2026 profit below estimate as margins remain under pressure
By Arunima KumarFeb 11 (Reuters) - Solstice Advanced Materials SOLS.O forecast full-year 2026 earnings below market estimates on Wednesday, overshadowing solid fourth-quarter sales growth and continued strength in nuclear and electronic materials.The speciality materials maker that spun off from Hon...Reuters
an hour ago
Indian corn, soybean prices fall as door opened to US imports
By Rajendra Jadhav and Mayank Bhardwaj MUMBAI/NEW DELHI, Feb 11 (Reuters) - Indian corn and soybean prices fell on Wednesday after New Delhi agreed to duty-free imports of U.S. soyoil and a protein-rich animal feed under a new trade deal with Washington, stoking fears of cheaper supplies among fa...Reuters
an hour ago
CORRECTED-EXCLUSIVE-Rosneft oil refinery in Germany warns of risks from US sanctions
Refinery fuels nine out of 10 cars in Berlin and airportUS sanctions imposed on Russian-owned businessSources see pressure to sell, as U.S. buyers circleBy John O'Donnell, Christoph Steitz, Anna Hirtenstein and Marek Strzelecki BERLIN/LONDON, Feb 10 (Reuters) - Management at a Russian-owned o...Reuters
2 hours ago
India's $500 billion US imports intent draws scepticism, risks widening trade deficit
Intent to buy $500 bln in US goods "unrealistic", experts sayDrastic rise in US imports may strain trade balance, experts say Raising US imports implies policy push on corporate sourcing By Shivangi Acharya and Jaspreet Kalra NEW DELHI, Feb 11 (Reuters) - India's stated intention to ...Reuters
2 hours ago
Lavrov says US restrictions on Russia's role in Venezuela oil business are discrimination
MOSCOW, Feb 11 (Reuters) - Russian Foreign Minister Sergei Lavrov said on Wednesday that new U.S. restrictions on the role of Russia and other countries in Venezuela's oil business were blatant discrimination. The Kremlin said earlier on Wednesday that Moscow planned to seek clarification from t...Reuters
2 hours ago
EXCLUSIVE-Saudi, US firms to partner on northeast Syria energy project
Saudi, US firms to explore oil and gas in northeast SyriaProject follows Assad's ousting, lifting of US sanctions Consortium includes Baker Hughes, Hunt Energy, TAQABy Timour Azhari RIYADH, Feb 10 (Reuters) - Saudi Arabian and U.S.-based firms are set to form a consortium for oil and gas expl...Reuters
2 hours ago
Oil rises over 1% on US–Iran tensions, better demand
Trump hints at second carrier in Middle EastUS crude stocks likely rose last week - Reuters pollCrude draws at ARA, Fujairah suggest tight marketBy Seher Dareen LONDON, Feb 11 (Reuters) - Oil prices gained on Wednesday, buoyed by escalating risk as U.S.–Iran talks remained tenuous, while draws of...Reuters
2 hours ago
PREVIEW-US energy secretary set to arrive in Venezuela with Herculean task of oil recovery
U.S. Energy Secretary Chris Wright to meet Venezuelan officials, Chevron, Repsol executivesVisit follows Maduro's capture, $2 billion oil dealU.S. aims to reshape global energy markets and pressure Russia, analyst saysBy Marianna Parraga and Nathan Crooks HOUSTON, Feb 11 (Reuters) - Venezuel...Reuters
2 hours ago
TotalEnergies halves buybacks as low oil, gas prices weigh on profits
Fourth-quarter profit down 13%Share buyback for Q1 slashed on low oil pricesRefining profits jump more than 200%By America Hernandez PARIS, Feb 11 (Reuters) - TotalEnergies TTEF.PA will halve share buybacks in the first quarter, it said on Wednesday, as low oil and gas prices negated soaring four...Reuters
2 hours ago
EXCLUSIVE-Saudi, US firms to partner on northeast Syria energy project
Saudi, US firms to explore oil and gas in northeast SyriaProject follows Assad's ousting, lifting of US sanctions Consortium includes Baker Hughes, Hunt Energy, TAQABy Timour Azhari RIYADH, Feb 10 (Reuters) - Saudi Arabian and U.S.-based firms are set to form a consortium for oil and gas expl...Reuters
2 hours ago
After Vance visit, the Kremlin says Russia will develop ties with Armenia and Azerbaijan
MOSCOW, Feb 11 (Reuters) - Russia intends to further develop its relations with both Armenia and Azerbaijan, the Kremlin said on Wednesday, after U.S. Vice President JD Vance visited the two South Caucasus nations.The United States and Azerbaijan signed a strategic partnership, and Vance signed a nu...Reuters
3 hours ago
