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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
Chevron considers drilling exploration well off Namibia
CAPE TOWN, April 24 (Reuters) - Chevron CVX.N is considering drilling an exploration well in the Walvis Basin off the coast of Namibia in 2026 or 2027, the U.S. oil major said on Thursday.Chevron Namibia Exploration Limited said it is maturing its prospect portfolio offshore Namibia, a southern Afri...Reuters
Thu, Apr 24
Singapore fuel oil stockpiles extend rise to 18-week high
SINGAPORE, April 24 (Reuters) - Onshore fuel oil stockpiles at key trading hub Singapore rose for a third straight week to hit an 18-week high, data showed on Thursday. Residual fuel inventories STKRS-SIN were at 24.126 million barrels in the week to April 23, up 5.4% week-on-week, based on Enterpri...Reuters
Thu, Apr 24
EUROPE GAS-Prices little changed on healthy supply
LONDON, April 24 (Reuters) - Dutch and British wholesale gas prices were little changed on Thursday morning on healthy supply.The benchmark Dutch front-month contract TRNLTTFMc1 edged up 0.17 euro to 34.30 euros per megawatt hour (MWh) by 0758 GMT, while the June contract was 0.18 euro higher at 34....Reuters
Thu, Apr 24
German gas output falls 2.3% in 2024, oil stable
FRANKFURT, April 24 (Reuters) - Germany's domestic gas production fell 2.3% to 4.2 billion cubic metres in 2024 while oil output was stable at 1.6 million metric tons, industry association BVEG said on Thursday.The BVEG companies achieved a turnover of 2.4 billion euros ($2.7 billion) from thei...Reuters
Thu, Apr 24
UPM warns of indirect tariff hit amid growing uncertainty as earnings fall
April 24 (Reuters) - Finnish forestry group UPM-Kymmene UPM.HE reported falling operating profit for the first quarter on Thursday and said that market uncertainty had increased towards the end of March amid global trade tensions."The uncertainty related to tariffs may impact trade flows, cause ...Reuters
Thu, Apr 24
Anglo American Platinum Sees 2025 M&C And Refined Production Of 3.0-3.4 Mln PGM Ounces
April 24 (Reuters) - Anglo American Platinum Ltd AMSJ.J:JSE: AMS - PGMS PRODUCTION REPORT FOR THE FIRST QUARTER ENDING 31 MARCH 2025ANGLO AMERICAN PLATINUM LTD: 2025 M&C AND REFINED PRODUCTION GUIDANCE OF 3.0-3.4 MILLION PGM OUNCESANGLO AMERICAN PLATINUM LTD - TRADING ON LSE TO START UNDER TICKE...Reuters
Thu, Apr 24
PRECIOUS-Gold rebounds on dip buying despite US-China trade deal hopes
Bessent says China tariffs are not sustainableTrump plans to exempt carmakers from certain tariffsIMF warns tariffs will slow global growth and increase debtBy Anmol Choubey April 24 (Reuters) - Gold prices jumped more than 1% on Thursday on bargain buying, a day after the bullion hit a one-week ...Reuters
Thu, Apr 24
