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Trump administration set to revoke basis of US climate regulation
By Valerie Volcovici WASHINGTON, Feb 12 (Reuters) - The administration of President Donald Trump on Thursday plans to announce the repeal of a scientific finding that greenhouse gas emissions endanger human health, removing the legal basis for federal climate regulations.The move represents the m...
Reuters
11 minutes ago
GRAINS-Soybeans extend gains on China demand hopes and Brazil rain risks
BEIJING/PARIS, Feb 12 (Reuters) - Chicago soybean futures climbed to a two-month high on Thursday, supported by hopes of further Chinese demand for U.S. supplies and concern that rain in Brazil will disrupt the rival exporter's harvest.The most active soybean contract Sv1 on the Chicago Board of...
Reuters
15 minutes ago
Farmers protest over U.S.-India trade framework, government defends pact
By Manoj Kumar and Mayank Bhardwaj NEW DELHI, Feb 12 (Reuters) - Thousands of Indian farmers protested across the country on Thursday, alleging the government had compromised their interests in the U.S.-India interim trade framework, while the trade minister said safeguards were in place.Farmers ...
Reuters
36 minutes ago
RPT-BREAKINGVIEWS-Kraft Heinz boldly jams ketchup back into bottle
By Jeffrey GoldfarbNEW YORK, Feb 11 (Reuters Breakingviews) - Kraft Heinz KHC.O has stopped drinking the financial engineering Kool-Aid. New boss Steve Cahillane is nixing the packaged-food giant’s embrace of Wall Street gospel, shelving a breakup plan announced in September and dumping a decade of ...
Reuters
an hour ago
RPT-ROI-Can Africa win as the West and China scramble for minerals?: Russell
Reuters Open Interest (ROI) https://www.reuters.com/commentary/reuters-open-interest/ is your essential source for global financial commentary. By Clyde Russell CAPE TOWN, Feb 12 (Reuters) - Two multi-billion dollar rail projects in Africa. One headed west, the other east. One backed by Western c...
Reuters
an hour ago
Russian nuclear agency dismisses Ukrainian claim it cannot run Zaporizhzhia nuclear power plant
MOSCOW, Feb 12 (Reuters) - Russia's state nuclear corporation, Rosatom, on Thursday rejected a Ukrainian accusation that Russia lacked the equipment and components to run the Soviet-built Zaporizhzhia nuclear power plant.Russia took control of the plant, Europe's largest atomic power station...
Reuters
an hour ago
Gold Price Forecast: XAU/USD remains moderately bid with $5,100 holding bulls
Gold (XAU/USD) is trading practically flat at the top of the weekly range on Thursday, with bulls capped right below February’s peak in the $5,100 area.
Gold
Fxstreet
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
India's Hindalco posts 45% fall in quarterly profit on higher costs
Feb 12 (Reuters) - India's Hindalco Industries HALC.NS posted a 45% fall in its third-quarter profit on Thursday despite firmer aluminium and copper prices, weighed down by expenses linked to fire-related disruptions at its U.S. unit Novelis.The Aditya Birla Group-owned metals producer reported ...
Reuters
an hour ago
AEP expands spending plan, beats profit estimates as electricity demand surges
Feb 12 (Reuters) - American Electric Power AEP.O surpassed Wall Street expectations for fourth-quarter profit on Thursday, and said it would expand its five-year capital expenditure plan beyond $72 billion to meet the surging demand for power.U.S. electricity demand is rising at an unprecedented pac...
Reuters
an hour ago
Nuscale Power To Collaborate With Oak Ridge National Laboratory To Explore Artificial Intelligence-Guided Nuclear Fuel Management
Feb 12 (Reuters) - Nuscale Power Corp SMR.N:NUSCALE POWER TO COLLABORATE WITH OAK RIDGE NATIONAL LABORATORY TO EXPLORE ARTIFICIAL INTELLIGENCE-GUIDED NUCLEAR FUEL MANAGEMENTNUSCALE POWER CORP - U.S. DOE'S GAIN INITIATIVE FUNDS ORNL COLLABORATION WITH NUSCALE
Reuters
2 hours ago
Ice cream maker Magnum's shares slump as debut results underwhelm
Magnum reports first results since Unilever spin-offNet profit down 48.4%, sales and volume growth miss estimatesIce cream maker's share price tumbles on market openingCompany faces challenges including Ben & Jerry's disputeBy Alexander Marrow LONDON, Feb 12 (Reuters) - Magnum Ice Cre...
Reuters
2 hours ago
Global oil demand to rise more slowly as prices rally, IEA says
IEA still projects sizeable global oil supply surplus in 2026Oil prices rise amid geopolitical tensions and supply outagesOPEC+ and other producers boost supply faster than demandOil slips after IEA report published, still up 14% in 2026By Alex Lawler LONDON, Feb 12 (Reuters) - World oil demand ...
Reuters
2 hours ago
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
2 hours 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
2 hours 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
2 hours 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
2 hours 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.
Gold
Fxstreet
2 hours 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
2 hours ago
Outokumpu CFO We Expect To Break Even Again In Europe In Q1
Feb 12 (Reuters) - Outokumpu Oyj OUT1V.HE:OUTOKUMPU CFO: WE EXPECT TO BREAK EVEN AGAIN IN EUROPE IN Q1
Reuters
2 hours ago
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