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Trump says Japan to invest in energy, industrial projects in Ohio, Texas and Georgia
Lutnick says Japan to invest in projects valued at $36 billionOhio to host $33 billion natural gas power plant, Commerce saysJapan to invest in deepwater Texas GulfLink oil terminal projectGeorgia to get Japan-invested industrial diamonds factory-LutnickBy David Lawder and Jarrett Renshaw WASHING...Reuters
14 minutes ago
Oil trims losses as traders weigh progress in US–Iran talks
By Mohi Narayan and Katya Golubkova NEW DELHI, Feb 18 (Reuters) - Oil prices steadied in Asian trade on Wednesday after falling about 2% in the previous session as investors assessed progress in U.S.–Iran talks but remained cautious about the prospects of a final deal that could ease supply conce...Reuters
26 minutes ago
PRECIOUS-Gold rises from one-week low ahead of FOMC minutes
Gold fell 2.3% on TuesdayUS-Iran reach understanding on "guiding principles"January FOMC minutes due at 1900 GMTBy Pablo Sinha Feb 18 (Reuters) - Gold prices rose on Wednesday, rebounding from a one-week low hit in the previous session as markets await the release of the Federal Reserve&...Reuters
32 minutes ago
As many as 10 skiers missing, at least six stranded in California avalanche
Rescue personnel headed to avalanche zone in winter stormHeavy snow, white-out conditions hamper emergency teams Incident could rank as one of deadliest US avalanches on recordBy Steve GormanLOS ANGELES, Feb 17 (Reuters) - As many as 10 skiers were missing and at least six others were stranded and a...Reuters
37 minutes ago
Alcoa forced to pay $38 million after illegally clearing Australian native forest
SYDNEY, Feb 18 (Reuters) - U.S. aluminium company Alcoa AA.N will pay A$55 million ($39 million) to remediate native forest it illegally cleared in Western Australia in order to mine bauxite, Australia’s environment ministry said on Wednesday.The payment, secured through legally enforceable undertak...Reuters
45 minutes ago
GRAINS-Soybeans hit 3-month high on China demand hopes; wheat firms
Soybeans climbed to highest since mid-Nov on demand expectationsWheat futures rise but gains limited by growing global suppliesBy Naveen Thukral SINGAPORE, Feb 18 (Reuters) - Chicago soybean futures hit their highest in three months on Wednesday, rising for a second session, as expectations of hi...Reuters
47 minutes ago
PRESS DIGEST-British Business - February 18
Feb 18 (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 TimesGoldman Sachs GS.N is removing race, gender and other diversity-related considerations when evaluating pr...Reuters
2 hours ago
Australia fines Alcoa $38 million to clear up site of bauxite mine
SYDNEY, Feb 18 (Reuters) - Australia's environment ministry on Wednesday said Alcoa AA.N will pay A$55 million ($38.86 million) to clean up a site in the state of Western Australia where it had a bauxite mine.($1 = 1.4152 Australian dollars)Reuters
2 hours ago
YouTube restores service after brief streaming disruption
Feb 17 (Reuters) - YouTube GOOGL.O said on Tuesday it has resolved an issue that briefly affected access to the video-sharing platform, after outage-tracking website Downdetector reported widespread global disruptions. YouTube said that an issue with its recommendation system had prevented videos fr...Reuters
2 hours ago
WTI edges higher above $62.00, US-Iran negotiations in focus
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.30 during the Asian trading hours on Wednesday. The WTI price holds positive ground amid uncertainty and heightened tensions in the Middle East.
Fxstreet
2 hours ago
US judge tosses Buffalo Wild Wings lawsuit that has 'no meat on its bones'
NEW YORK, Feb 17 (Reuters) - A U.S. federal judge threw out on Tuesday a lawsuit against Buffalo Wild Wings that alleged the restaurant and sports bar chain deceived consumers by selling boneless wings that are not actually de-boned chicken wings. Judge John Tharp Jr. in Chicago dismissed the propos...Reuters
2 hours ago
PRESS DIGEST-Financial Times - February 18
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines- Reform UK pledges to keep fiscal watchdog if it wins power- Berkshire Hathaway energy unit sells power assets in rare disposal- CBS turmoil deepens a...Reuters
3 hours ago
Ten skiers missing in California avalanche, six stranded
LOS ANGELES, Feb 17 (Reuters) - Ten skiers were missing and another six were stranded after an avalanche struck near Lake Tahoe in the Sierra Nevada mountains of California on Tuesday.The avalanche swept the Castle Peak area of Truckee, California, about 10 miles north of Lake Tahoe, at about 11:30 ...Reuters
3 hours ago
Oil prices lose ground on hopes of de-escalation in US-Iran tensions
By Katya Golubkova TOKYO, Feb 18 (Reuters) - Oil prices fell slightly on Wednesday as talks between the United States and Iran progressed, raising hopes for a de-escalation of bilateral tensions and lowering risks of supply disruptions from the Middle Eastern oil producer. Brent futures LCOc1 dro...Reuters
3 hours ago
GRAINS-Soybeans rise for second session on China demand hopes
SINGAPORE, Feb 18 (Reuters) - Chicago soybean futures gained more ground on Wednesday, with prices inching close to last week's highest in two-and-a-half months on expectations of higher Chinese demand for U.S. cargoes.Wheat ticked up, recouping some of last session's losses, although gains ...Reuters
3 hours ago
PRECIOUS-Gold rises on dip-buying after more than 2% drop
Feb 18 (Reuters) - Gold edged up on Wednesday on dip-buying, after losing more than 2% in the last session on progress in U.S.-Iran talks, while thin trade on account of the Lunar New year holidays across Asia pressured prices.FUNDAMENTALS Spot gold XAU= rose 0.2% to $4,886.69 per ounce by 01...Reuters
4 hours ago
YouTube down for more than 240,000 users in the US, Downdetector shows
Feb 17 (Reuters) - Alphabet-owned GOOGL.O YouTube was down for more than 240,000 users in the United States on Tuesday, according to outage tracking website Downdetector.com.There were 240,707 incidents of people reporting issues with the social media platform as of around 7.59 p.m. ET, according to...Reuters
4 hours ago
Lakers' Deandre Ayton detained at Bahamas airport on suspicion of marijuana possession
By Jasper WardFeb 17 (Reuters) - Los Angeles Lakers center Deandre Ayton was briefly detained on Tuesday at Lynden Pindling International Airport in the Bahamas on suspicion of being in possession of a small amount of marijuana, his lawyer and two sources familiar with the matter told Reuters.The so...Reuters
4 hours ago
US Cash Products-Gulf Coast gasoline steady ahead of pipeline cycle change
NEW YORK, Feb 17 (Reuters) - Cash differentials for gasoline were steady in the U.S. Gulf Coast on Tuesday, the last day to trade for delivery of the fuel on Colonial Pipeline's twelfth annual pumping cycle to New York Harbor, traders said.U.S. Gulf Coast M4 conventional gasoline RU-DIFF-USG was...Reuters
5 hours ago
