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US is looking to address EU concerns on metal "derivative" products, says EU trade chief
BRUSSELS, Feb 24 (Reuters) - The United States is looking to address EU concerns about 50% tariffs it placed on the metal content of "derivatives" such as wind turbines and motorcycles, European Trade Commissioner Maros Sefcovic said on Tuesday."I got reassurances from our U.S. colleague...Reuters
17 minutes ago
Protesters to leave Cargill's Brazil facility in 48 hours
SANTAREM, Brazil, Feb 24 (Reuters) - Indigenous protesters who invaded a Cargill port facility in the north of Brazil plan to leave the site within about 48 hours, indigenous leader Alessandra Munduruku told Reuters on Tuesday.The group has been occupying the Cargill facility since the weekend. They...Reuters
19 minutes ago
Constellation Energy tops profit estimates on robust data center-driven power demand
By Pooja Menon and Vallari Srivastava Feb 24 (Reuters) - Major U.S. power company Constellation Energy CEG.O beat Wall Street estimates for fourth-quarter adjusted profit on Tuesday, helped by rising electricity demand from data centers, sending shares up 4% in morning trading.U.S. power consum...Reuters
19 minutes ago
U.S. Aluminum Co Signs Agreement With EGA And Century Aluminum
Feb 24 (Reuters) - EGA:EGA - OKLAHOMA’S BURGEONING ALUMINUM HUB GETS BOOST WITH AGREEMENT BETWEEN U.S. ALUMINUM CO AND EGA, CENTURY ALUMINUMEGA- CONSTRUCTION OF OKLAHOMA PRIMARY ALUMINUM EXPECTED TO BEGIN BY END OF 2026EGA- EGA, CENTURY DEVELOPING PROJECT IN PARTNERSHIP, WITH EGA HOLDING 60%AND CENT...Reuters
27 minutes ago
EU expects US to scale back steel, aluminum goods tariffs within weeks, Bloomberg News reports
Feb 24 (Reuters) - European Union officials expect the U.S. to lower tariffs on goods containing steel and aluminum within weeks, potentially easing a major source of friction in transatlantic trade ties, Bloomberg News reported on Tuesday, citing people familiar with the matter.The planned changes ...Reuters
41 minutes ago
Xcel Energy to power new Google data center in Minnesota
Feb 24 (Reuters) - Xcel Energy XEL.O said on Tuesday it has partnered with Google GOOGL.O to power the tech giant's new data center in Pine Island, Minnesota, while contributing 1,900 megawatts of new clean energy to the grid.U.S. power consumption is expected to increase rapidly through this ye...Reuters
43 minutes ago
Ukraine further delays resumption of Druzhba oil deliveries, Slovakia says
Feb 24 (Reuters) - Ukraine has told Slovakia's oil pipeline system operator Transpetrol that the resumption of oil deliveries via the Druzhba pipeline has been delayed by another day to February 26, Slovakia's country's economy ministry said on Tuesday.The ministry, which had expected fl...Reuters
46 minutes ago
PRECIOUS-Gold slips from three‑week high on profit‑taking and dollar strength
Gold rose to more than 3-week high earlier in the sessionIran and US to hold new round of talks on ThursdayFresh catalyst needed to break record highs, analyst saysBy Anmol Choubey Feb 24 (Reuters) - Gold retreated more than 2% on Tuesday, slipping from a three‑week high as profit‑taking and a fi...Reuters
54 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
an hour ago
Oil prices hover near seven-month highs on US-Iran tensions
Both crude benchmarks hover near seven-month highsUS-Iran tensions key market driver in near term, analysts sayUS tariff situation creating market uncertaintyBy Shadia Nasralla LONDON, Feb 24 (Reuters) - Oil prices hovered near seven-month highs on Tuesday, with traders assessing risks to supply ...Reuters
an hour ago
Expeditors tops quarterly estimates on strong customs brokerage demand
Feb 24 (Reuters) - Global freight forwarder Expeditors International of Washington EXPD.N on Tuesday reported fourth-quarter profit and revenue above Wall Street estimates, helped by stronger demand for its customs brokerage services.Shifting U.S. trade policies under President Donald Trump have inc...Reuters
an hour ago
US forces seize third sanctioned oil tanker in Indian Ocean, Pentagon says
WASHINGTON, Feb 24 (Reuters) - U.S. military forces seized a sanctioned oil tanker in the Indian Ocean after tracking it from Caribbean waters, the Pentagon said on Tuesday, adding that it was the third such interdiction in that region.After capturing Venezuelan President Nicolas Maduro in a militar...Reuters
an hour ago
CBOT Trends-Wheat steady to up 2 cents, corn mixed, soybeans down 1-3
CHICAGO, Feb 24 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CST (1430 GMT) on Tuesday: WHEAT - Steady to up 2 cents per bushelCBOT wheat ticked up slightly as short-covering in wheat fuelled by the...Reuters
an hour ago
EU anticipates US move to scale back steel, aluminum tariffs within weeks - Bloomberg News
Feb 24 (Reuters) - European Union officials anticipate that the United States will reduce its tariffs on goods containing steel and aluminum within weeks, potentially easing a major source of friction in transatlantic trade ties, Bloomberg News reported on Tuesday citing people familiar with the mat...Reuters
an hour ago
US natural gas futures hit four-month low on mild weather forecast
Waha Hub prices remain negative due to pipeline constraintsU.S. gas output rises, demand forecast to drop next weekU.S. LNG exports increase, surpassing previous monthly recordsBy Scott DiSavino NEW YORK, Feb 24 (Reuters) - U.S. natural gas futures eased about 1% to a fresh four-month low on Tues...Reuters
an hour ago
Ukraine moves date for resumption of Druzhba oil deliveries to Feb 26, Slovakia says
Feb 24 (Reuters) - Slovakia's oil pipeline system operator Transpetrol was informed by Ukraine that a resumption of oil deliveries via the Druzhba pipeline has been moved to February 26, the country's economy ministry said on Tuesday, adding no reasons were provided.The Druzhba pipeline outa...Reuters
2 hours ago
