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Cannabis company Vireo Growth's Q4 revenue surges on M&A deals
OverviewU.S. cannabis operator's Q4 revenue rose 318% yr/yr, driven by recent M&A dealsCompany announced pending acquisitions of Eaze, Schwazze, PharmaCann assets, and MOU for HawthorneQ4 adjusted EBITDA grew 347% yr/yr as company realized synergies from recent integrationsOutlookVireo Growt...Reuters
11 minutes ago
Europe should prepare measures to support consumers, business as energy prices soar, says Greek PM
ATHENS, March 17 - Greek Prime Minister Kyriakos Mitsotakis on Tuesday said that Europe should prepare short- and long-term measures to support consumers and businesses as energy prices soar due to conflict in Middle East.Reuters
17 minutes ago
Ukraine has accepted EU offer to help restore Druzhba pipeline, Costa says
BRUSSELS, March 17 (Reuters) - Ukraine has accepted the European Union's offer of technical support and funding to restore the oil flow to Hungary and Slovakia through the damaged Druzhba pipeline, EU Council President Antonio Costa said on Tuesday.In a letter to the European Commission, Ukraine...Reuters
22 minutes ago
Indonesia eyes oil purchases from Russia, media report
JAKARTA, March 17 (Reuters) - Indonesia is looking to purchase oil from Russia to meet its domestic supply needs, local media reported on Tuesday, citing the energy minister. Bahlil Lahadalia said the move was considered after the rise of crude oil prices following conflict in the Middle East and th...Reuters
22 minutes ago
RPT-ROI-Iran's $200 oil threat isn't that far-fetched: Bousso
By Ron Bousso LONDON, March 17 (Reuters) - Iran’s threat to send oil prices to $200 a barrel may sound like bombast, but as the energy crisis drags on, that outcome looks more likely than U.S. President Donald Trump’s prediction that prices will soon fall back to pre-war levels.Now in its third w...Reuters
24 minutes ago
METALS-Copper slips as Iran war, rising stocks stoke demand fears
March 17 (Reuters) - Copper dipped on Tuesday as Iran launched fresh attacks on U.S. allies in the Gulf and London Metal Exchange inventories climbed to their highest in 6-1/2 years, while aluminium was lifted by concerns over supply from the Middle East.Benchmark LME three-month copper CMCU3 was do...Reuters
25 minutes ago
Frontier Airlines says full-year forecast under review
March 17 (Reuters) - Frontier Airlines ULCC.O said on Tuesday that its full-year forecast was under review, as carriers grapple with a sharp spike in jet fuel prices due to the conflict in the Middle East.Jet fuel prices have increased significantly since the company issued its prior forecast and ar...Reuters
43 minutes ago
Oil prices jump 3% after renewed Iranian attacks on UAE
Iran renews attacks on US Gulf alliesStrait of Hormuz disruption has halved UAE crude output Middle East crude benchmarks hit record highsBy Stephanie Kelly LONDON, March 17 (Reuters) - Oil prices rose by about 3% on Tuesday, clawing back some of the previous session's losses as Iranian attac...Reuters
47 minutes ago
Russian official say Ukraine's drone development means no region can feel safe, TASS reports
MOSCOW, March 17 (Reuters) - A senior Russian security official warned on Tuesday that the pace and development of Ukrainian drone production meant that no Russian region was safe from attack. Sergei Shoigu, the secretary of Russia's powerful Security Council and a former Russian defence mini...Reuters
an hour ago
US weighs near $1 billion settlement with TotalEnergies for abandoning wind farms, NYT reports
March 17 - U.S. officials are drafting agreements to pay French oil major TotalEnergies TTEF.PA about $1 billion in settlements due to the cancellation of leases for its wind farms in federal waters off New York State and North Carolina, the New York Times reported on Tuesday.Under the terms of the ...Reuters
an hour ago
Greece wants durable solution to ensure free shipping in Hormuz Strait
ATHENS, March 17 (Reuters) - Greece does not back any separate deals that would allow ships to enter and exit the Strait of Hormuz but wants a durable solution to safeguard peace in the region, its Foreign Minister George Gerapetritis said on Tuesday."We do not think that it is optimal to have s...Reuters
an hour ago
PRECIOUS-Gold firms on Iran tensions, but hawkish Fed outlook curbs gains
Iran launches fresh attacks on UAESeveral allies decline US call to escort shipping in HormuzFed expected to hold rates steady in policy meeting this weekBy Pablo Sinha March 17 (Reuters) - Gold prices inched higher on Tuesday, bolstered by safe-haven demand amid geopolitical jitters stemming fr...Reuters
an hour ago
Attacks on UAE's Fujairah port and Shah gas field add to energy disruption
March 17 (Reuters) - Oil loading at the United Arab Emirates port of Fujairah was at least partly halted on Tuesday after a third attack in four days caused a fire at the export terminal, while operations at the Shah gas field remained suspended after an earlier attack.The cascading disruptions thre...Reuters
an hour ago
FOCUS-Codelco monthly output dives, sowing doubts about validity of end-2025 production spike
By Fabian CamberoSANTIAGO, March 17 (Reuters) - Chile's state-owned copper giant Codelco has reported a sharp drop in production to start this year, leading copper industry analysts and former Codelco executives to question its reports of surging output at the end of 2025 that helped the company...Reuters
an hour ago
Germany seeks doubling of AI data centres by 2030
BERLIN, March 17 (Reuters) - Germany plans to encourage investments in data centres to at least double domestic capacity and to boost artificial intelligence data processing at least fourfold by 2030, the government said on Tuesday.In a bid to catch up with the dominant players the United States and...Reuters
2 hours ago
Japan, US to agree joint development of critical minerals this week, Nikkei says
TOKYO, March 17 (Reuters) - Japan and the United States are set to agree to jointly develop rare earths, lithium and copper at Thursday's summit, the Nikkei Business Daily reported on Tuesday.Japanese firms Mitsubishi Materials 5711.T and Mitsui & Co 8031.T are due to take part in the projec...Reuters
2 hours ago
Fans of niche Japanese crisps brand panic after oil shortage halts production
TOKYO, March 17 (Reuters) - Die-hard fans of a niche Japanese crisps brand took to the internet on Tuesday to lament a production halt the snack maker Yamayoshi Seika blamed on a shortage of cooking oil caused by the conflict in the Middle East.The U.S. and Israel's war on Iran and the resulting...Reuters
2 hours ago
Projectile hits Kuwait-flagged gas tanker off UAE's Fujairah
March 17 (Reuters) - An unknown projectile struck a Kuwait-flagged tanker 23 nautical miles east of Fujairah in the United Arab Emirates causing minor structural damage, the United Kingdom Maritime Trade Operations (UKMTO) said on Tuesday. There were no injuries reported to the crew, the agency ...Reuters
2 hours ago
