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Taiwan rattled by 5.6 magnitude quake, no reports of damage
TAIPEI, Feb 24 (Reuters) - A 5.6 magnitude earthquake struck just off the coast of Taiwan's northeastern county of Yilan on Tuesday, the island's weather administration said, with no reports of damage.The quake briefly shook buildings in the capital, Taipei. The quake had a depth of 66.8 km ...Reuters
9 minutes ago
CK Hutchison says Panama Canal port workers removed after court-ordered takeover
Panama officially cancels CK Hutchison's port contracts after court rulingPanama grants temporary licences for two terminals to Maersk and MSC CK Hutchison says Panama takeover unlawful, consulting on pursuing legal actionCK Hutchison says Panama authorities remove employees , threaten with pros...Reuters
19 minutes ago
Taiwan rattled by 5.6 magnitude quake, no immediate reports of damage
TAIPEI, Feb 24 (Reuters) - A 5.6 magnitude earthquake struck just off the coast of Taiwan's northeastern county of Yilan on Tuesday, the island's weather administration said, with no immediate reports of damage.The quake briefly shook buildings in the capital, Taipei. The quake had a depth o...Reuters
25 minutes ago
PRECIOUS-Gold falls from three-week high on profit-booking, firm dollar
Gold rose to more than 3-week high earlier in the sessionTrump warns countries against backing away from trade dealsFed's Waller open to rate pause if February jobs data strongBy Ishaan Arora Feb 24 (Reuters) - Gold prices fell on Tuesday as investors booked profits after bullion rose more th...Reuters
an hour ago
WTI trades near $67.00, six-month highs on supply disruption fears
West Texas Intermediate (WTI) Oil price extends gains for the second successive session, trading around $66.80 per barrel during the Asian hours on Tuesday. WTI price remains close to a six-month high of $67.23, reached on February 23.
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an hour ago
FACTBOX-More than 447,000 customers without power as winter storm hits US Northeast
Feb 23 (Reuters) - A winter storm across parts of the U.S. Northeast has left more than 447,000 homes and businesses without power, as officials across the region warned of heavy snow, strong winds and dangerous travel conditions. The hardest-hit utilities included Eversource Energy ES....Reuters
an hour ago
GRAINS-Soybeans fall for third session on US export worries; wheat, corn firm
Soybeans give up earlier gains, fall for 3rd sessionMarket awaits Chinese demand after Lunar New Year breakBy Naveen Thukral SINGAPORE, Feb 24 (Reuters) - Chicago soybeans slid on Tuesday, losing more ground on uncertainty around U.S. exports following the Supreme Court's decision to stri...Reuters
an hour ago
TECHNICALS-US oil may retest support at $66.16
For more technical analyses, click SINGAPORE, Feb 24 (Reuters) - U.S. oil CLc1 may retest a support at $66.16 per barrel, a break below which may trigger a fall to $65.23.A bearish divergence formed on the hourly RSI, signalling the exhaustion of the uptrend and a forthcoming correction, which could...Reuters
2 hours ago
Saudi Aramco sells first Jafurah condensate cargoes to US firms, India, sources say
By Florence Tan and Siyi Liu SINGAPORE, Feb 23 (Reuters) - State energy major Saudi Aramco 2222.SE has sold several cargoes of ultra light crude oil from its $100 billion Jafurah gas plant to U.S. majors and an Indian refiner as it prepares to export its first cargo later this month, four trade s...Reuters
3 hours ago
PRECIOUS-Gold falls from three-week high as dollar firms
Feb 24 (Reuters) - Gold prices fell from a more than three-week high on Tuesday, as pressure from a stronger dollar outweighed support from U.S. tariff uncertainty and Washington-Tehran tensions. FUNDAMENTALSSpot gold XAU= fell 1.5% to $5,150.38 per ounce by 0125 GMT after hitting a more ...Reuters
3 hours ago
US Chemical Safety Board faults Pemex in 2024 fatal accident
By Erwin SebaHOUSTON, Feb 23 (Reuters) - The lack of a standard system for correctly identifying idled equipment at Pemex's Deer Park, Texas, refinery led to a poison gas release that killed two workers, the U.S. Chemical Safety and Hazard Investigation Board (CSB) said in a report released on M...Reuters
3 hours ago
Oil hovers below seven-month high as traders eye U.S.–Iran talks, trade policy
Feb 24 (Reuters) - Oil prices hovered below an almost seven-month high on Tuesday as traders gauged the outlook for U.S.-Iran nuclear talks amid heightened Middle East tensions, while also weighing uncertainty around U.S. trade policy.Brent crude futures LCOc1 eased 9 cents, or 0.1%, to $71.40 a bar...Reuters
3 hours ago
GRAINS-Soybeans rise after losses, US export uncertainty limits upside
SINGAPORE, Feb 24 (Reuters) - Soybeans inched higher on Tuesday as the market rose for the first time in three sessions on bargain-buying, although gains were curbed by uncertainty over U.S. exports following the Supreme Court decision to strike down President Donald Trump's tariffs.Wheat and co...Reuters
4 hours ago
Canada's Cando Rail & Terminals to buy US rail assets of Savage Enterprises
By Nicole JaoNEW YORK, Feb 23 (Reuters) - Canadian railroad contractor Cando Rail & Terminals will buy the U.S. rail assets of Savage Enterprises as it expands its footprint across the U.S., Cando announced on Monday.Financial terms were not disclosed.The transaction gives the Manitoba-based Can...Reuters
4 hours ago
US Cash Grains-Corn basis bids steady to mixed
CHICAGO, Feb 23 (Reuters) - Spot basis bids for corn were steady to mixed at elevators, while soybeans were steady to higher at river terminals around the U.S. Midwest on Monday, according to a spot check of locations. Basis bids for corn rose by 5 cents at an elevator in Blair, Nebraska. They fell ...Reuters
5 hours ago
Brazil to revoke waterway decree after Indigenous protesters occupied Cargill port
SANTAREM/BRASILIA, Feb 23 (Reuters) - Brazil has decided to revoke a decree that would have expanded Amazonian waterways in a federal privatization program, a government official said on Monday, a move that follows the occupation of a Cargill port facility on the Tapajos river by Indigenous protest...Reuters
5 hours ago
Diamondback misses profit estimates as weaker oil prices weigh
By Sumit SahaFeb 23 (Reuters) - Diamondback Energy FANG.O fell short of Wall Street expectations for fourth-quarter profit on Monday, as the U.S. shale producer struggled with weaker oil prices, sending its shares down more than 3% in extended trading.Global crude oil prices have been pressured by g...Reuters
6 hours ago
