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Turkey says Greece-Chevron activity off Crete unlawful
ANKARA, Feb 19 (Reuters) - Turkey said on Thursday it opposed Greece's "unilateral activities" in energy fields south of Crete with a consortium led by U.S. major Chevron CVX.N as a violation of international law and good neighbourly relations. Athens responded that its policies abid...Reuters
9 minutes ago
Deere lifts full-year profit forecast on construction, sales recovery; shares up
Feb 19 (Reuters) - Farm-machinery maker Deere & Co DE.N raised its annual profit forecast on Thursday citing a rebound in its construction and small agriculture businesses and cost cuts that mitigated weak equipment demand, sending its shares up 4.7% before the bell.The world's largest farm-...Reuters
11 minutes ago
Deere & Co Global Large Agriculture Industry Continues To Experience Challenges
Feb 19 (Reuters) - Deere & Co DE.N:DEERE & CO: GLOBAL LARGE AGRICULTURE INDUSTRY CONTINUES TO EXPERIENCE CHALLENGESDEERE & CO OUTLOOK FY 2026 CAPEX ABOUT $1.4 BILLION - PRESENTATIONSource text: [ID:n0001104659-26-017239]Reuters
11 minutes ago
Germany's DB Cargo plans 6,000 job cuts in bid to return to profit
Staff if possible will be offered jobs elsewhere in parent companyDB cargo is market leaderPressures include European Commission's insistence on limiting state aidBy Christian Kraemer BERLIN, Feb 19 (Reuters) - German railway operator Deutsche Bahn's struggling freight business DB Cargo p...Reuters
17 minutes ago
Targa Resources beats quarterly core profit estimates on boost in gas volumes
Feb 19 (Reuters) - Pipeline operator Targa Resources TRGP.N beat Wall Street estimates for fourth-quarter adjusted core profit on Thursday, on the back of increased demand and higher transport volumes of natural gas and natural gas liquids across its systems.U.S. natural gas futures NGc1 rose more t...Reuters
26 minutes ago
Hungary considers cutting power, gas exports to Ukraine in Russian oil row
Supply from Druzhba pipeline halted by Russian drone attackHungary, Slovakia say Kyiv delaying restart on political groundsHungary threatens to cut power, gas exports to UkraineBy Krisztina Than BUDAPEST, Feb 19 (Reuters) - Hungary is considering cutting off power and gas exports to Ukraine unles...Reuters
38 minutes ago
PRESS DIGEST-Canada - February 19
Feb 19 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAILRio Tinto RIO.L said it has gained majority control of Canada's Nemaska Lithium, advancing its push to build an i...Reuters
38 minutes ago
Deere raises full-year net income forecast
Feb 19 (Reuters) - Farm-machinery maker Deere & Co DE.N raised its full-year net income forecast on Thursday, benefiting from earlier cost-cutting measures that helped cushion the impact of soft equipment demand.The company expects net income for 2026 to range between $4.5 billion and $5 billion...Reuters
48 minutes ago
Oil prices extend gains on concerns of potential US-Iran conflict
Brent and WTI benchmarks up more than 1%Prices buoyed by concern over potential U.S.-Iran conflictUS crude and fuel inventories fell last week, sources saidBy Enes Tunagur LONDON, Feb 19 (Reuters) - Oil prices rose on Thursday, driven by increasing concerns over potential military conflict betwee...Reuters
48 minutes ago
Gentherm Q4 revenue up 8.5%, EBITDA misses estimates
OverviewThermal management tech firm's Q4 product revenue grew 8.5% yr/yrAdjusted EBITDA for Q4 missed analyst expectationsAdjusted EPS for Q4 rose to $0.49 from $0.29 last yearOutlookGentherm projects 2026 product revenues between $1.5 bln and $1.6 blnCompany expects 2026 adjusted EBITDA betwee...Reuters
49 minutes ago
INSIGHT-Oil companies jostle for projects to boost Venezuelan output quickly; a real grind awaits
Chevron in prime position for early gains in VenezuelaChallenges include repairing infrastructure, securing diluentsLegal risks and regulatory uncertainty remain for oil companiesBy Mariela Nava, Marianna Parraga and Ana Isabel Martinez CABIMAS, Venezuela, Feb 19 (Reuters) - In September, a rig u...Reuters
57 minutes ago
ANALYSIS-US automakers caught in crossfire of Trump, California EV battle
California lawsuit alleges Trump illegally stripped state's power to restrict auto pollutionIf California wins, automakers could face conflicting federal and California EV regulationsEleven other states follow California's zero-emission vehicle mandates, raising the legal stakesBy Chris Kirk...Reuters
57 minutes ago
Bayer: glyphosate shortages not expected outside the US after executive order
By Patricia Weiss FRANKFURT, Feb 19 (Reuters) - The U.S. President's executive order invoking the Defense Production Act to ensure U.S. supply of glyphosate underscores U.S. farmers' needs to have access to the herbicide, Bayer said on Thursday, adding the move would not lead to shortages...Reuters
an hour ago
US Energy Secretary Wright pressures IEA to quit net zero agenda
By Forrest Crellin and America Hernandez PARIS, Feb 19 (Reuters) - The U.S. Energy Secretary Chris Wright gave the International Energy Agency on Thursday a one-year deadline to move away from its net zero climate-focused agenda or risk losing the U.S. as a member.In 2015 the U.S. and nearly 200...Reuters
an hour ago
Teck Resources beats quarterly profit on higher copper prices, output
Feb 19 (Reuters) - Teck Resources TECKb.TO beat fourth-quarter profit expectations on Thursday, helped by a surge in copper prices and production, as the Canadian miner advanced its proposed merger with Anglo American AAL.L.The beat underscores Teck's growing leverage to copper, a metal central ...Reuters
2 hours ago
EXCLUSIVE-Gunvor management buyout values trading group at around $5 billion, sources say
By Dmitry Zhdannikov LONDON, Feb 19 (Reuters) - A management buyout of commodity trader Gunvor has valued the group at around $5 billion, according to two sources and a Reuters calculation based on deal's financing via a loan to staff.Gunvor's founder Torbjorn Tornqvist has provided a loa...Reuters
2 hours ago
Germany's DB Cargo plans 6,000 job cuts in bid to return to profit
By Christian KraemerBERLIN, Feb 19 (Reuters) - German railway operator Deutsche Bahn's struggling freight business DB Cargo plans to cut 6,000 jobs, nearly half workforce, by 2030 as part of a sweeping restructuring aimed at returning to profit, the unit's chief said on Thursday.Confirming a...Reuters
2 hours ago
Bayer: glyphosate shortages not expected outside the US after executive order
FRANKFURT, Feb 19 (Reuters) - The U.S. President's executive order invoking the Defense Production Act to ensure U.S. supply of glyphosate underscores U.S. farmers' needs to have access to the herbicide, Bayer said on Thursday, adding the move would not lead to shortages in other countries.Reuters
2 hours ago
