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CBOT Trends-Wheat flat-down 2 cents, corn steady-up 2, soy up 1-5
CHICAGO, April 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. CDT (1330 GMT) on Thursday. WHEAT - Steady to down 2 cents per bushel* CBOT wheat mostly weaker on crop-boosting rains in U.S. winter w...Reuters
Thu, Apr 24
Eni committed to keep 1.5 bln euro buyback even in an adverse scenario
April 24 (Reuters) - Eni ENI.MI top executives told a post-results call with analysts:ENI EXEC: GROUP SEES SETTING UP OF JV WITH PETRONAS BY END OF THIS YEARENI EXEC: GROUP COMMITTED TO KEEP 1.5 BILLION EURO BUYBACK EVEN IN AN ADVERSE SCENARIOENI EXEC: AUTHORITIES IN KAZAKHSTAN HAVE NOT ENGAGED WITH...Reuters
Thu, Apr 24
Trump trade war is wrecking hope for 2025 US trucking rebound
US trucking volume, rates for 2025 seen flat vs 2024, DAT forecastsTrade war seen cooling manufacturing shipment demandUS ocean imports seen declining later this yearBy Lisa Baertlein NEW ORLEANS, April 24 (Reuters) - U.S. truckers are moving record volumes of auto parts, appliances and sneakers ...Reuters
Thu, Apr 24
Brazil's Usiminas posts positive results but warns of uncertainty ahead
SAO PAULO, April 24 (Reuters) - Brazilian steelmaker Usiminas USIM5.SA on Thursday delivered first quarter results above market expectations but flagged that the second half of the year faced challenges amid high interest rates and trade uncertainties.Companies around the world have been bracing for...Reuters
Thu, Apr 24
Gold rises on dip-buying, focus on US-China trade tensions
April 24 (Reuters) - Gold prices rebounded on Thursday as investors bought bullion following a sharp decline in the previous session, while the focus remains on U.S.-China trade tensions.Spot gold XAU= was up 1.6% at $3,338.79 an ounce, as of 1140 GMT. Bullion fell as much as 3% on Wednesday in...Reuters
Thu, Apr 24
WTO says Guatemala, Peru agree on solution in agriculture dispute
BERLIN, April 24 (Reuters) - Guatemala and Peru have submitted a notification to the World Trade Organization's Dispute Settlement Body of a mutually agreed solution in a dispute over trade in agricultural products, the WTO said on its website on Thursday. At any stage during the dispute settlem...Reuters
Thu, Apr 24
Xcel Energy misses first quarter profit estimates on higher costs
April 24 (Reuters) - U.S.-based utility Xcel Energy XEL.O missed Wall Street estimates for first-quarter profit on Thursday, hurt by higher operating and interest expenses. Utility companies have struggled with persistently high interest rates as it has made it more expensive to construct and mai...Reuters
Thu, Apr 24
VW to contribute self-driving electric vans in U.S. pact with Uber
April 24 (Reuters) - Volkswagen VOWG.DE will supply thousands of electric vans in a collaboration agreement with Uber Technologies UBER.N as the partners seek to offer rides in fully autonomous vehicles in the United States over the next decade, the German carmaker said.Testing is expected to begin ...Reuters
Thu, Apr 24
China demand for refined copper depletes stocks, risks short squeeze
By Violet Li and Lewis Jackson NANCHANG/BEIJING, April 24 (Reuters) - China's copper consumers are increasingly turning to refined copper because of tight scrap supplies, six traders and analysts said, and are rapidly burning through stocks, raising concerns about a short squeeze in the marke...Reuters
Thu, Apr 24
GRAINS-Soybeans hold at two-month peak as US-China hopes linger
PARIS/CANBERRA, April 24 (Reuters) - Chicago soybean futures rose for a fourth session on Thursday to hold at a two-month high as comments by U.S. officials on a possible de-escalation in the trade standoff with China continued to lend some support to the oilseed market.Corn edged up to recover from...Reuters
Thu, Apr 24
Keurig Dr Pepper beats profit estimates on strong U.S. demand
April 24 (Reuters) - Keurig Dr Pepper KDP.O reported first-quarter revenue and profit above Wall Street expectations on Tuesday, helped by strong demand for its energy drinks and beverages among U.S. consumers.WHY IT IS IMPORTANTThe Snapple maker saw resilient demand for its higher-priced ready-to-d...Reuters
Thu, Apr 24
CMS Energy posts higher profit on strong power demand from data centers
April 24 (Reuters) - U.S. electric and gas utility CMS Energy CMS.N on Thursday reported a rise in first-quarter profit, helped by higher power demand.The U.S. Energy Information Administration in February forecast power demand to hit record highs in 2025 and 2026, as electric companies are seeing a...Reuters
Thu, Apr 24
Brazilian steelmaker Usiminas' net profit up 845% in first quarter
SAO PAULO, April 24 (Reuters) - Brazilian steelmaker Usiminas USIM5.SA reported on Thursday a first-quarter net profit of 337 million reais ($59.08 million), up 845% from a year earlier, beating market forecasts as sales of both steel and iron ore rose in the period.Analysts polled by LSEG expected ...Reuters
Thu, Apr 24
Power company PG&E misses first-quarter profit estimates on higher expenses
April 24 (Reuters) - PG&E Corp PCG.N missed first-quarter profit estimates on Thursday, as the power company was hurt by higher operating and interest expenses.Higher-for-longer interest rates push up borrowing costs for utility companies, which typically need more capital for expenses such as m...Reuters
Thu, Apr 24
CenterPoint to spend more to meet AI power demand despite fall in quarterly profit
April 24 (Reuters) - CenterPoint Energy CNP.N reported a fall in first-quarter profit on Thursday, but the U.S. utility raised its capital expenditure plan to meet expected demand from data centers used for artificial intelligence technologies.A winter storm in January across the U.S. Gulf Coast bro...Reuters
Thu, Apr 24
CORRECTED-Valero kicks off refiners' earnings with first-quarter loss
April 24 (Reuters) - Valero Energy VLO.N reported a first-quarter loss compared with a year-ago profit on Thursday, weighed down by lower refining margins during a quarter marked by elevated maintenance and turnaround activity across the U.S. refining sector.Valero, which kicked off refiners' ea...Reuters
Thu, Apr 24
Kremlin says Russia is not holding gas supply talks with Europe or the US
Russia's gas exports to Europe have collapsedSome European countries still wants to buy Russian gas, says Kremlin MOSCOW, April 24 (Reuters) - The Kremlin said on Thursday that Russia is not holding talks with Europe or the United States about Russian gas supplies via Ukraine. Russian gas sup...Reuters
Thu, Apr 24
VEGOILS-Palm futures flat as rising output, strong ringgit offsets boost from rival oils
JAKARTA, April 24 (Reuters) - Malaysian palm oil futures ended barely changed on Thursday as market participants awaited cues amid support from rival vegetable oils, although a strong ringgit and rising production limited gains.The benchmark palm oil contract FCPOc3 for July delivery on the Bursa Ma...Reuters
Thu, Apr 24
ASIA COFFEE-Vietnam domestic prices edge down; Indonesian discount narrows
By Khanh Vu and Mas Alini ArifinHANOI, April 24 (Reuters) - Coffee bean prices in Vietnam on Thursday were down slightly from a week earlier, with the Indonesian discount narrowing on London price strength and tight supplies, traders said on Thursday.Farmers in the Central Highlands, Vietnam's l...Reuters
Thu, Apr 24
Kentucky farmers hit by one-two punch of trade war, historic floods
Historic floods delay planting, impacting crop yields and profitabilityFarmers may shift planting from corn to soybeans amid trade war uncertaintiesFlooding forces costly field repairs, reducing planting time and crop optionsBy Julie Ingwersen, Karl Plume GLENDALE, Kentucky, April 24 (Reuters) -...Reuters
Thu, Apr 24
Kremlin says Russia is not holding talks with Europe or U.S. about Russian gas supplies
MOSCOW, April 24 (Reuters) - The Kremlin said on Thursday that Russia is not holding talks with Europe or the United States about Russian gas supplies via Ukraine. A source with knowledge of the matter told Reuters earlier this month that U.S. demanded that the U.S. government's International De...Reuters
Thu, Apr 24
