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Emmanuel Macron says US Supreme Court tariff ruling shows it is good to have counterweights to power in democracies
PARIS, Feb 21 (Reuters) - French President Emmanuel Macron said on Saturday that the U.S. Supreme Court ruling on President Donald Trump's tariffs shows that it is good to have counterweights to power and the rule of law in democracies. "It is not bad to have a Supreme Court and the rule of ...Reuters
26 minutes ago
Enel Signed Agreements With Excelsior Energy Capital For Acquisition Of 830 MW Wind And Solar Plants
Feb 21 (Reuters) - Enel SpA ENEI.MI:ENEL - TO BUY 830 MW WIND AND SOLAR PORTFOLIO IN USAENEL - SIGNED AGREEMENTS WITH EXCELSIOR ENERGY CAPITAL FOR ACQUISITION OF A PORTFOLIO OF WIND AND SOLAR PLANTSENEL - ACQUISITION DEAL VALUED AT ABOUT $1 BLNENEL - DEAL TO ADD $145 MLN TO ENEL'S EBITDA ANNUALL...Reuters
2 hours ago
For Europe Inc, US tariff relief comes with a sting in the tail
Ruling may increase trade uncertainty, affect European businessesTrump may seek new tariffs, complicating trade relationsEuropean firms cautious, expect no quick tariff resolutionItalian wine exports to U.S. face potential instabilityChemical firms like BASF and Bayer face ongoing trade uncertaintyB...Reuters
3 hours ago
Exxonmobil Beaumont, Texas Refinery Reports Process Pump Tripped
Feb 20 (Reuters) - EXXONMOBIL: REPORTS EMISSIONS FROM SRU THERMAL OXIDIZER AT BEAUMONT, TEXAS REFINERY REPORTS A PROCESS PUMP TRIPPEDREPORTS UNIT RETURNED TO NORMAL OPERATIONSREPORTS NO OFFSITE IMPACTS AND EXPECTS TO MEET ALL CONTRACTUAL COMMITMENTSSOURCE: TEXAS COMMISSION ON ENVIRONMENTAL QUALITY F...Reuters
9 hours ago
REFILE-CIF/FOB Gulf Grain-Soy basis bids rise, traders watch for China demand
CHICAGO, Feb 20 (Reuters) - Basis bids crept higher for soybeans shipped by barge to U.S. Gulf Coast terminals on Friday as traders waited to see whether top importer China would return to the market.China did not show interest in buying U.S. soybeans this week during the Lunar New Year holiday, tra...Reuters
9 hours ago
CIF/FOB Gulf Grain-Soy basis bids rise, traders watch for China demand
CHICAGO, Feb 20 (Reuters) - Basis bids crept higher for soybeans shipped by barge to U.S. Gulf Coast terminals on Friday as traders waited to see whether top importer China would return to the market.China did show interest in buying U.S. soybeans this week during the Lunar New Year holiday, traders...Reuters
9 hours ago
US Cash Grains-Corn and soybean basis bids largely flat
CHICAGO, Feb 20 (Reuters) - Basis bids for corn and soybeans were largely unchanged at elevators, river terminals, ethanol plants and other types of processors in a spot check of locations in the U.S. Midwest on Friday. In one exception, the basis rose by 4 cents at an ethanol plant in Annawan, Illi...Reuters
9 hours ago
Berkshire-owned PacifiCorp pays $575 million to settle US government's wildfire claims
US says PacifiCorp's electrical lines caused six wildfiresPacifiCorp denies liability, says settlement adds certaintyUtility faces billions of dollars of private claimsBy Jonathan Stempel Feb 20 (Reuters) - PacifiCorp, a utility owned by Berkshire Hathaway BRKa.N, agreed to pay $575 million t...Reuters
9 hours ago
Trump tariff reversal could cut costs for US energy firms but will likely leave broader flows unchanged
Tariff reversal may not change US-China energy trade dynamicsSupreme Court ruling could lower costs for US oil producersConcerns remain over alternative US tariff strategiesBy Georgina McCartney, Arathy Somasekhar and Curtis Williams HOUSTON, Feb 20 (Reuters) - The U.S. Supreme Court's Friday...Reuters
10 hours ago
MAHA activists warn Trump could lose their support over glyphosate order
Trump's executive order seen as November midterm election liability by MAHA supportersKennedy supports order for national securityTop US glyphosate producer Bayer has faced litigation over cancer risksBy Leah Douglas WASHINGTON, Feb 20 (Reuters) - Members of the U.S. Make America Healthy Agai...Reuters
10 hours ago
US Cash Crude-Midland, MEH stay weak as high freight rates hurt export demand
HOUSTON, Feb 20 (Reuters) - WTI Midland and WTI at East Houston, also known as MEH, remained weak on Friday, as high freight rates capped export demand. WTI Midland traded at a 25-cent premium. It had touched its lowest in about seven months on Thursday. MEH traded at 95 cents, the lowest in over a...Reuters
10 hours ago
ANALYSIS-US and Iran slide towards conflict as military buildup eclipses talks
US firepower eclipses stalled Iran-US nuclear talksWashington and Tehran head towards potential showdown Trump boxed in by his own show of force, officials sayBy Samia Nakhoul, Parisa Hafezi and John Irish DUBAI, Feb 20 (Reuters) - Iran and the United States are sliding rapidly towards military c...Reuters
10 hours ago
US Plains HRW Wheat-Basis bids unchanged as futures gain strength
CHICAGO, Feb 20 (Reuters) - Basis bids for hard red winter wheat were flat in a spot check of locations in the Southern U.S. Plains on Friday as futures firmed. Dryness and winterkill may pose a threat to the U.S. winter wheat crop, which may come out of dormancy soon GRA/Global wheat supplies could...Reuters
11 hours ago
LIVESTOCK-CME cattle tick lower on technical trading
CHICAGO, Feb 20 (Reuters) - Chicago Mercantile Exchange live and feeder cattle futures ticked lower on Friday on a largely technical setback after futures became overbought, analysts said.CME April live cattle futures LCJ26 settled 1.425 cent lower to end at 242 cents per pound. April feeder cattle ...Reuters
11 hours ago
Gold surges above $5,060 as soft GDP, hot PCE hit US Dollar
Gold prices rally more than 1% on Friday after economic growth in the US decelerated, while inflation rose past the 3% threshold as depicted by the Core Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve’s (Fed) favorite inflation gauge.
Fxstreet
11 hours ago
US Supreme Court tariff ruling restores competitiveness to Brazil, says VP Alckmin
BRASILIA, Feb 20 (Reuters) - Brazil's Vice-President Geraldo Alckmin said on Friday the U.S. Supreme Court ruling that struck down President Donald Trump's sweeping tariffs was really important for the South American country, as it removed levies specifically targeting the nation and restore...Reuters
12 hours ago
Trucks form 39-km line to deliver soybeans to Brazil's Miritituba river terminals
By Ana Mano SAO PAULO, Feb 20 (Reuters) - Trucks loaded with soybeans faced a 39-kilometer line to deliver the product to grain terminals at the Amazonian port of Miritituba in Para state, according to late-afternoon traffic data shared with Reuters by oilseed lobby Abiove on Friday.Cargill, Bung...Reuters
12 hours ago
CBOT wheat highest since June on short covering
CHICAGO, Feb 20 (Reuters) - Chicago Board of Trade most actively traded wheat futures on Friday hit their highest point since June on a short-covering rally and weather concerns in the U.S. Plains.Dryness and winterkill may pose a threat to the U.S. winter wheat crop, which may come out of dormancy ...Reuters
12 hours ago
GRAINS-Soybeans tick lower after Supreme Court strikes down tariffs
Soybeans lower on Supreme Court decisionWheat higher on short coveringCorn little changedBy Heather Schlitz CHICAGO, Feb 20 (Reuters) - Chicago soybean futures came under pressure on Friday after the U.S. Supreme Court struck down U.S. President Donald Trump's sweeping tariffs, pausing a rall...Reuters
12 hours ago
