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Startup Voltify raises $30 million for rail electrification platform
JERUSALEM, March 31 (Reuters) - U.S.-Israeli startup Voltify raised $30 million in a private funding round to accelerate development of its platform to enable rail operators to transition from diesel to electric without heavy infrastructure investments, it said on Tuesday. Voltify was founded by...Reuters
12 minutes ago
RPT-ROI-Unloved battery metal lead has new financier friends: Andy Home
By Andy Home LONDON, March 31 (Reuters) - Lead is the battery metal no one wants in the age of electrification. Its toxic legacy casts a long shadow, even as lead-acid batteries remain standard in virtually every vehicle, including hybrids and electric vehicles. Stocks of the heavy m...Reuters
21 minutes ago
Constellation to ask regulators for help speeding up Three Mile Island nuclear power plant restart, CEO says
By Laila KearneyNEW YORK, March 31 (Reuters) - Constellation Energy CEG.O will make a request to U.S. energy regulators on Tuesday in an attempt to speed up its connection of the Three Mile Island nuclear power plant in Pennsylvania to the electric grid and meet its goal of restarting the plant by t...Reuters
22 minutes ago
Brazil's Petrobras to hike jet fuel prices by 55%, airline group says
SAO PAULO, March 31 (Reuters) - Abra Group, the holding company that controls airline Gol GOLL54.SA, said on Tuesday that Brazilian state-run oil firm Petrobras PETR3.SA will raise jet fuel prices by about 55% starting April 1.Petrobras tweaks jet fuel prices at the beginning of each month based on ...Reuters
23 minutes ago
WTI Crude Oil pulls back on Iran de-escalation hopes as markets eye API inventory draw
West Texas Intermediate (WTI) US Oil trades around $99.60 on Tuesday, down 2.30% on the day at the time of writing, ending a four-day winning streak as markets react to signs that geopolitical tensions in the Middle East could ease.
Fxstreet
25 minutes ago
CBOT Trends-Wheat up 2-4 cents, corn down 1-3 cents, soy up 3-5 cents
CHICAGO, March 31 (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. CDT (1330 GMT) on Tuesday.Traders awaited the U.S. Department of Agriculture prospective plantings and quarterly grain stocks reports due a...Reuters
31 minutes ago
Ukrainian drones strike Russia's Ust-Luga port again, sources say oil terminal hit
Kyiv stepping up attacks on Russian oil export facilitiesHarder for Russia to export oil due to the attacksTransneft's oil terminal was hit on Tuesday, sources saidGovernor says attack consequences 'eliminated'Kremlin calls the strikes 'terrorist attacks' MOSCOW, March 31 (Reu...Reuters
31 minutes ago
US is confronting Russia, China where necessary over Iran, says Hegseth
WASHINGTON, March 31 (Reuters) - The United States is well aware of what China and Russia are doing to help Iran and are confronting those efforts where necessary, U.S. Defense Secretary Pete Hegseth told a briefing on Tuesday. Hegseth also said the next few days in the Middle East conflict would be...Reuters
35 minutes ago
At least 25 sanctioned Russian ships pass through UK waters after boarding threat
Starmer said the UK would detain sanctioned Russian vesselsSanctioned Russian ships pass through UK waters at same rateExperts cite legal hurdles to UK military boarding the shipsDefence ministry says action will be on a case-by-case basisBy Andrew MacAskill and Muvija M LONDON, March 31 (Reuters...Reuters
37 minutes ago
Russian oil tanker enters anchorage of Cuba's Matanzas port
By Ayose Naranjo MATANZAS, Cuba, March 31 (Reuters) - A Russia-flagged tanker carrying some 700,000 barrels of crude arrived in Cuba's Matanzas Bay at daybreak on Tuesday, according to a Reuters witness and shipping data, marking the first significant oil delivery since the Trump administrati...Reuters
37 minutes ago
Hegseth: more vessels are flowing through the Strait of Hormuz
WASHINGTON, March 31 (Reuters) - More vessels are flowing through the Strait of Hormuz, U.S. Defense Secretary Pete Hegseth told a briefing on Tuesday."There are countries around the world who ought to be prepared to step up on this critical waterway as well," he told reporters.Reuters
41 minutes ago
PRECIOUS-Gold gains but on track for biggest monthly loss in nearly two decades
Gold down more than 13% so far this monthGold, silver set for fifth quarterly risePlatinum, palladium set to post first quarterly loss in fiveDollar eyes best month in eight as war's safe-haven shelterBy Ishaan Arora March 31 (Reuters) - Gold rose on Tuesday but was set for its biggest monthl...Reuters
42 minutes ago
FACTBOX-Price hikes, outlook cuts - What airlines are doing as fuel costs surge
March 30 (Reuters) - A surge in jet fuel prices driven by the U.S.-Israeli war on Iran has upended the global aviation industry, forcing airlines to raise fares and revise financial outlooks.Jet fuel prices have soared from $85 to $90 per barrel to $150 to $200 per barrel in recent weeks, a financia...Reuters
44 minutes ago
How an Indian LPG tanker escaped Hormuz via an unusual route
New Delhi says 18 Indian‑flagged vessels still in Persian GulfSix have safely transited Strait of Hormuz, mainly carrying LPGIran allows passage for 'friendly nations' such as India, ChinaBy Saurabh Sharma NEW DELHI, March 31 (Reuters) - A day before Israel and the United States attacked...Reuters
53 minutes ago
South Africa announces one-month fuel levy cut to limit pump price hikes
Fuel levy lowered by 3 rand a litre for AprilLost tax revenue will be recouped via other meansPressure had been building on government to intervenePetrol price will still rise 15%, diesel 40%By Kopano Gumbi JOHANNESBURG, March 31 (Reuters) - South Africa will reduce its fuel levy for one month to...Reuters
58 minutes ago
SPAR Group 2025 net loss widens on restructuring costs
OverviewUS merchandising and marketing services firm's fiscal 2025 net revenue declined 17% yr/yrConsolidated gross margin declined to 15.9% from 20.5% due to service mix changesCompany's net loss for fiscal 2025 widened due to restructuring costs and severanceOutlookCompany expects a reboun...Reuters
an hour ago
Edison says Qatar still evaluating impact of Iran attack on LNG supply
By Francesca Landini MILAN, March 31 (Reuters) - QatarEnergy has yet to update its liquefied natural gas (LNG) customers on the impacts of recent attacks on its gas plants, Edison EDNn.MI CEO Nicola Monti said on Tuesday.Monti said a pause in LNG supply until mid‑June, which QatarEnergy notified ...Reuters
an hour ago
