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CBOT soybeans end firm as traders gauge prospects for US sales to China
CHICAGO, Feb 11 (Reuters) - Chicago Board of Trade soybean futures closed higher on Wednesday, rallying from early declines on technical buying and continued hopes of Chinese demand for U.S. supplies, traders said.CBOT March soybeans SH26 settled up 1-1/2 cents, or 0.1%, at $11.24 per bushel after n...Reuters
25 minutes ago
Anthropic to shoulder some costs as data center expansions threaten to raise power bills
Feb 11 (Reuters) - Artificial intelligence company Anthropic on Wednesday announced initiatives to limit the impact of data centers on consumer energy prices amid increased investment in power-hungry infrastructure necessary for AI tech.Anthropic will cover all grid upgrade costs needed to connect i...Reuters
28 minutes ago
CBOT wheat ends higher on technical buying, short-covering
CHICAGO, Feb 11 (Reuters) - Chicago Board of Trade wheat futures closed higher on Wednesday on what appeared to be technical buying and short-covering, traders said, while market-moving news was lacking.CBOT March soft red winter wheat WH26 settled up 9 cents at $5.37-1/4 per bushel.K.C. March hard ...Reuters
29 minutes ago
McDonald's beats quarterly global sales estimates as value bets pay off
Q4 global same-store sales rise 5.7%, beating 3.7% estimateRevenue jumps 10% to $7.01 billionMcDonald's value promotions attract budget-conscious US dinersBy Savyata Mishra Feb 11 (Reuters) - McDonald's topped Wall Street estimates for fourth-quarter global comparable sales and profit on...Reuters
29 minutes ago
Pressure rises on Dubai port giant DP World over chief's alleged Epstein ties
Two firms suspend new investments with DP World over chief's alleged ties with EpsteinEmails show Sultan Ahmed bin Sulayem had long-lasting correspondence with EpsteinDP World says it handles 10% of global By Nazih Osseiran and Sam TabahritiFeb 11 (Reuters) - The UK development finance agency an...Reuters
39 minutes ago
Brazil mulls assigning individual quotas for beef exporters selling to China - official
SAO PAULO, Feb 11 (Reuters) - The Brazilian government may assign individual export quotas for domestic beef companies selling products to China, Luis Rua, trade secretary at the Brazil's ministry of agriculture, said in an interview on Wednesday.The measure, which may be discussed as early as T...Reuters
40 minutes ago
CBOT corn ends mixed, anchored by ample world grain supplies
CHICAGO, Feb 11 (Reuters) - Chicago Board of Trade corn futures ended narrowly mixed on Wednesday amid a lack of market-moving news, with the most-active March contract weighed down by ample global grain supplies while deferred contracts inched higher, traders said. CBOT March corn CH26 settled down...Reuters
58 minutes ago
US Cash Grains-Soy, corn basis steady-higher in muted trade
CHICAGO, Feb 11 (Reuters) - Spot basis bids for soybeans and corn were flat to higher in the U.S. Midwest on Wednesday as trade remained slow following an unsurprising U.S. Department of Agriculture report on Tuesday.The corn basis rose at an Iowa elevator, and the soybean basis rose at an Illinois ...Reuters
an hour ago
Oil up 1% as Middle East tension offsets large US crude stocks build
Trump considers second carrier in Middle EastUS crude inventories rose more than expected, EIA saysUS job growth accelerated unexpectedly in JanuaryBy Nicole Jao NEW YORK, Feb 11 (Reuters) - Oil prices gained about 1% on Wednesday, as investors worried about escalating tensions between Iran and t...Reuters
an hour ago
US energy secretary meets Venezuela's president as they face Herculean task of oil recovery
US Energy Secretary Chris Wright met Venezuelan interim President Delcy RodriguezVisit follows Maduro's capture, $2 billion oil supply dealUS aims to reshape global energy markets and pressure Russia, analyst saysBy Marianna Parraga and Nathan Crooks HOUSTON, Feb 11 (Reuters) - Venezuela is ...Reuters
an hour ago
US natural gas futures edge up with LNG export surge
Near-record LNG export flows boost gas futuresWaha Hub prices remain negative due to pipeline constraints LSEG projects Lower 48 gas demand to fall from 141.2 bcfd to 124.6 bcfd next weekBy Scott DiSavinoNEW YORK, Feb 11 (Reuters) - U.S. natural gas futures edged up on Wednesday on near-record flows...Reuters
2 hours ago
TotalEnergies EP Gabon Says In 2025, Revenues Totaled $418 Million
Feb 11 (Reuters) - TotalEnergies EP Gabon EGAB.PA:TOTALENERGIES EP GABON: 2025 REVENUESTOTALENERGIES EP GABON - IN 2025, REVENUES TOTALED $418 MILLIONTOTALENERGIES EP GABON - OVER 2025, AVERAGE BRENT PRICE STOOD AT $69.1/B, DOWN 14% COMPARED TO 2024TOTALENERGIES EP GABON - CRUDE OIL PRODUCTION REACH...Reuters
2 hours ago
GRAINS-Soybeans turn higher as traders weigh China demand; wheat climbs
By Julie Ingwersen CHICAGO, Feb 11 (Reuters) - Chicago soybean futures turned higher on Wednesday on technical buying and continued hopes of stronger Chinese demand, analysts said, with the benchmark contract heading back toward a two-month peak set last week.Wheat jumped about 2% on what appeare...Reuters
2 hours ago
PRECIOUS-Gold gains over 1% as buyers shrug off strong US jobs data
US job growth accelerates in JanuaryUS unemployment rate falls to 4.3%US dollar edges down to near two-week lowsUS 10-year Treasury bond yields fall to near one-month lowBy Anmol Choubey Feb 11 (Reuters) - Gold prices rose more than 1% on Wednesday, as steady long‑term buying helped the metal reg...Reuters
3 hours ago
SOLV Energy fetches $6 billion valuation in strong Nasdaq debut
By Pritam Biswas and Pragyan Kalita Feb 11 (Reuters) - SOLV Energy's MWH.O shares rose 20% in its New York debut on Wednesday, giving the solar and battery storage firm a valuation of $5.98 billion, underscoring a strong rebound in IPO activity in 2026. Shares opened at $30, above its i...Reuters
3 hours ago
Wright will engage directly with interim Venezuelan President Delcy Rodriguez, Energy Department says
Feb 11 (Reuters) - U.S. Energy Secretary Chris Wright will engage directly with the interim Venezuelan leadership, including President Delcy Rodriguez, during his trip to the country, the Energy Department said Wednesday.Wright, who landed in Caracas on Wednesday morning, will also visit oil fields,...Reuters
3 hours ago
EU wheat edges higher, supported by weaker euro and Chicago rise
PARIS, Feb 11 (Reuters) - European wheat edged higher on Wednesday, mainly supported by a fall of the euro against the dollar, making it more competitive on world markets, and a rise in Chicago.Front-month March milling wheat BL2H6 on Paris-based Euronext, settled at 190.50 euros ($226.54) a metric ...Reuters
3 hours ago
Marathon shuts oil refinery in Catlettsburg, Kentucky due to power interruption, IIR Energy says
By Nicole JaoNEW YORK, Feb 11 (Reuters) - Marathon Petroleum MPC.N shut its refinery in Catlettsburg, Kentucky due to a power supply interruption on Tuesday evening, industry monitor IIR Energy said on Wednesday.The facility remains offline on Wednesday, IIR Energy said in a note. Marathon did not i...Reuters
3 hours ago
US Plains HRW Wheat-Basis bids unchanged in muted trade
CHICAGO, Feb 11 (Reuters) - Basis bids for hard red winter wheat were flat in the U.S. Plains on Wednesday as farmers awaited rains expected over the weekend.Trade has slowed as producers seek to procure fertilizer and apply it ahead of weekend showers so the rain can activate the fertilizer.The wee...Reuters
4 hours ago
