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CK Hutchison warns of legal action if Maersk takes over Panama's Balboa, Cristobal terminals
Feb 12 (Reuters) - Hong Kong's CK Hutchison 0001.HK said on Thursday it has notified Panama of an investment-protection treaty dispute after A.P. Moller–Maersk MAERSKb.CO signaled it is willing to temporarily take over management of the Balboa and Cristobal terminals. The move comes after Pan...Reuters
13 minutes ago
Australian uranium miners in Namibia bullish on outlook as prices surge
Paladin Energy eyes higher output from Namibian projectNamibia is world's No.3 uranium producerBannerman sees decision on new mine soonNuclear power wave, higher prices fuel new investmentBy Wendell Roelf CAPE TOWN, Feb 12 (Reuters) - Australian miner Paladin Energy PDN.AX is on track to comp...Reuters
13 minutes ago
Two US Navy ships collide in waters near South America, WSJ reports
Feb 12 (Reuters) - A U.S. warship and a Navy supply vessel collided during refueling Wednesday, the Wall Street Journal reported on Thursday, citing a military spokesman.The Arleigh Burke-class destroyer USS Truxtun and the Supply-class fast combat support ship USNS Supply collided during a replenis...Reuters
19 minutes ago
Italian rail operator Italo picks Starlink for satellite internet on trains
MILAN, Feb 12 (Reuters) - Italian high‑speed rail operator Italo said on Thursday it would introduce SpaceX's Starlink system across its fleet, becoming the world's first major train company to rely on the low‑Earth‑orbit satellite connectivity service.Elon Musk's Starlink has been expa...Reuters
22 minutes ago
Gold trades sideways as strong US jobs data push back early Fed rate-cut bets
Gold (XAU/USD) holds in a narrow range on Thursday as stronger US employment data prompts traders to push back expectations for an early Federal Reserve (Fed) interest rate cut. At the time of writing, XAU/USD trades around $5,065, remaining confined to this week’s $5,000-$5,100 consolidation band.
Fxstreet
27 minutes ago
PBF Energy Q4 revenue slightly beats analyst expectations
OverviewU.S. refiner's Q4 revenue slightly beat analyst expectationsAdjusted net income for Q4 beat estimates, showing improvement from last year's lossesMartinez refinery restart on schedule, expected to enhance future operationsOutlookPBF Energy expects $350 mln in cost improvements by yea...Reuters
30 minutes ago
China releases draft safety rules for automated driving systems
BEIJING, Feb 12 (Reuters) - China's industry ministry on Thursday released draft safety rules for automated driving systems for cars with level-3 and level-4 autonomous capabilities, according to documents the ministry released.Automated systems' "safety level should at least reach that ...Reuters
34 minutes ago
Entergy forecasts 2026 profit below estimates as costs weigh
Feb 12 (Reuters) - U.S. electric utility Entergy ETR.N on Thursday forecast 2026 earnings below Wall Street expectations after missing estimates for fourth-quarter profit, as elevated operating and maintenance costs weigh on the company.Rising power consumption from large industrial users and emergi...Reuters
38 minutes ago
Paraguay soy crop may set record as harvest enters final stage
By Daniela Desantis ASUNCION, Feb 12 (Reuters) - Paraguay’s 2025/26 soybean crop is on track to exceed 10 million metric tons and could become the largest in the country’s history, analysts and producers said, as the summer harvest approaches its final phase.Agricultural consultancy StoneX revise...Reuters
40 minutes ago
Time to act, say EU leaders, in struggle to compete with US and China
EU growth has lagged major economic rivalsBloc contending with tariffs, restrictions on key mineralsSlow decisions frustrating EU leaders tooMacron suggests June deadline for EU decisions or go forward in smaller groupsBy Julia Payne and Philip Blenkinsop ALDEN BIESEN, Belgium, Feb 12 (Reuters) -...Reuters
42 minutes ago
ANALYSIS-Global shipping industry sticks with green investments, despite carbon price delay
Shipping accounts for nearly 3% of greenhouse gas emissionsIMO to consider carbon price again this yearShipping, energy companies forge ahead with green investmentsRules may change again over ships' 30-year lifespans, Wartsila CEO saysBy Enes Tunagur and Jeslyn Lerh LONDON/SINGAPORE, Feb 12 (...Reuters
46 minutes ago
Alberta separatists step up efforts to leave Canada after meeting with Trump officials
Alberta separatists seek independence referendum citing economic grievancesSeparatists meet with State Department officials in WashingtonAlberta's premier facilitates referendum process without endorsing separatismBy Amanda Stephenson and Maria ChengCALGARY, Feb 12 (Reuters) - Separatists in A...Reuters
an hour ago
RPT-ROI-Euro and yuan global ambitions hasten the dollar drop: Mike Dolan
By Mike Dolan LONDON, Feb 11 (Reuters) - The dollar is sliding again against the euro and yuan, just as European and Chinese leaders are seeking to boost the global role of their currencies, taking advantage of the rising dollar doubts. The latest exchange rate shifts seem to be playing out as d...Reuters
an hour ago
RPT-ROI-Trump rate hopes and CBO budget math don't chime: Mike Dolan
By Mike Dolan LONDON, Feb 12 (Reuters) - President Donald Trump is insisting - and not for the first time - that U.S. interest rates should be the lowest in the world. Bond markets eyeing the latest long-term budget math beg to differ.Trump's dogged insistence on slashing interest rates is in...Reuters
an hour ago
Shell reviewing strategic options for Sprng renewables unit
LONDON, Feb 12 (Reuters) - Shell SHEL.L is reviewing strategic options for its India-based Sprng Energy renewable power unit, the company said on Thursday. The British oil major said it was too early to comment on the outcome of the review. The review comes as CEO Wael Sawan shrinks the company'...Reuters
an hour ago
Oil prices edge lower as IEA reduces demand forecast
Trump says talks with Tehran will continueLarge build in US crude stocks caps price gains IEA lowers global oil demand forecast for 2026By Enes Tunagur LONDON, Feb 12 (Reuters) - Oil prices slipped on Thursday as investors weighed the International Energy Agency's lowering of its global oil d...Reuters
an hour ago
Russia to send crude oil and fuel to Cuba soon, Izvestia reports
Cuba is facing a severe fuel shortage due to US actionsIsland has warned that jet fuel is no longer availableRussia last supplied Cuba with oil in February 2025Kremlin says it's discussing assistance with HavanaBy Vladimir Soldatkin MOSCOW, Feb 12 (Reuters) - Russia is preparing to send crude...Reuters
2 hours ago
Shell says it is reviewing strategic options to unlock long-term value for Sprng renewables unit
LONDON, Feb 12 (Reuters) - Shell is reviewing strategic options to unlock long-term value for its Sprng renewables unit, the company said on Thursday. Shell agreed in 2022 to buy India-based renewable power platform Sprng Energy for $1.55 billion.Reuters
2 hours ago
