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Orsted cash plan at risk as Trump government blocks US wind project
Orsted's project 80% complete before US haltUS government's order jeopardises $9.4 billion share issueOrsted share price expected to fall on MondayDonald Trump has repeatedly criticised wind energy By Stine Jacobsen COPENHAGEN, Aug 25 (Reuters) - Wind farm developer Orsted's ORSTED.CO...Reuters
25 minutes ago
GRAINS-Soybeans ease after 4-day rally, prospective China demand cap losses
Chicago soybeans fall for the first time in four sessionsExpectations of China's return to U.S. market support pricesBy Naveen Thukral SINGAPORE, Aug 25 (Reuters) - Chicago soybeans slid on Monday, falling for the first time in four sessions but hovering near a two-month high, as talk of Chin...Reuters
48 minutes ago
WTI gains momentum above $63.50 as hopes for Russia-Ukraine peace deal fade
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.40 during the early Asian trading hours on Friday. The WTI edges higher after Ukraine drone attacks target Russian energy infrastructure.
Fxstreet
53 minutes ago
EXCLUSIVE-U.S. confirms nation's first travel-associated human screwworm case connected to Central American outbreak
Maryland case represents fresh sign of screwworm in the U.S.The presence of screwworm, which can devastate cattle herds, will likely rattle beef and livestock marketsUSDA criticized by cattle producers for failing to take timely measures to prevent screwworm from entering the U.S.By Cassandra Garris...Reuters
an hour ago
Keurig Dr Pepper nears $18-billion deal for Dutch coffee company JDE Peet's, WSJ reports
Aug 24 (Reuters) - Keurig Dr Pepper KDP.O is close to a roughly $18-billion deal to buy Dutch coffee company JDE Peet's JDEP.AS, the Wall Street Journal reported on Sunday, citing people familiar with the matter.The merged company plans to later separate their beverage and coffee units, the repo...Reuters
an hour ago
Oil prices climb after Ukraine attacks hit Russian energy sites
Ukraine drone attacks target Russian energy infrastructureU.S. vice president says Russia has made 'significant concessions' toward a settlementFederal Reserve Chair Powell signals possible rate cut in September By Sam Li and Florence Tan Aug 25 (Reuters) - Oil prices edged higher on Mond...Reuters
2 hours ago
PRESS DIGEST-British Business - August 25
Aug 25 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.The Times- Start-up Gemini Trains plans to launch cross-Channel rail services by 2029 under Uber's UBER.N Trains brand, u...Reuters
2 hours ago
RPT-EXCLUSIVE-ADB to back Pakistan rail upgrade as China financing stalls, sources say
ADB to lead $2 billion railway network upgradeADB steps in after decade of Chinese delaysOfficials say move will not upset ChinaKarachi–Rohri upgrade key for Pakistan's copper-gold mineBy Saeed Shah and Ariba Shahid ISLAMABAD, Aug 22 (Reuters) - The Asian Development Bank will fund upgrades ...Reuters
3 hours ago
CORRECTED-EXCLUSIVE-New human screwworm case in US traced to person in Maryland who traveled from Guatemala, sources say
Maryland case represents fresh sign of screwworm in the U.S.The presence of screwworm, which can devastate cattle herds, will likely rattle beef and livestock marketsUSDA criticized by cattle producers for failing to take timely measures to prevent screwworm from entering the U.S.By Cassandra Garris...Reuters
4 hours ago
Oil prices climb after Ukraine attacks hit Russian energy sites
Ukraine drone attacks target Russian energy infrastructureU.S. vice president says Russia has made 'significant concessions' toward a settlementFederal Reserve Chair Powell signals possible rate cut in September By Sam Li and Florence Tan Aug 25 (Reuters) - Oil prices edged higher on Mond...Reuters
4 hours ago
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Aug 25 (Reuters) - Contract Target Support/Resistance Brent oil $68.19/$68.68sup $67.41/$66.93Palm oil (3rd month)-res 4,542/4,563/4,596 ringgitsup 4,509/4,475/4,455 ringgitWTI* $64.37sup $63.53/$63.27/$63.01Spot gold$3,355/$3,347res $3,375/$...Reuters
4 hours ago
Texas factory gives Chinese copper firm an edge in tariff war
Factory shields its U.S. customers from 50% copper wire tariffsProduction to start later this year, reach 3,000 T by 2028Chinese investments to U.S. have stalled since Trump's trade warPolicymakers ambivalent whether to welcome Chinese companiesBy Amy Lv, Florence Lo and Shubing Wang GANZHOU,...Reuters
4 hours ago
Santos extends exclusivity for $18.7 billion ADNOC-led offer, profit declines
Exclusivity period extended to September 19HY profit falls 22.3% but beats analysts' estimatesInterim dividend 13.4 cents per share Aug 25 (Reuters) - Australian gas producer Santos STO.AX on Monday agreed to further extend the exclusivity period for an $18.7 billion takeover bid from a group...Reuters
5 hours ago
GRAINS-Soybeans firm, near 2-month high on China demand hopes
SINGAPORE, Aug 25 (Reuters) - Chicago soybean futures rose for a fourth consecutive session on Monday, trading near a two-month high hit in the previous session, as hopes of China's return to the market underpinned prices.Corn also firmed, although gains were limited by expectations of a record ...Reuters
5 hours ago
RPT-EXCLUSIVE-Private Chinese firm producing oil in Venezuela under rare 20-year pact, source says
China's CCRC to invest over $1 billion in 2 oilfields, exec saysAims to produce 60,000 bpd of oil by end-2026, exec saysBy Chen Aizhu and Marianna Parraga SINGAPORE/HOUSTON, Aug 22 (Reuters) - China Concord Resources Corp has begun developing two Venezuelan oilfields, planning to invest more ...Reuters
6 hours ago
EXCLUSIVE-First human screwworm case in US traced to person in Maryland who traveled from Guatemala, sources say
Maryland case represents the first sign of screwworm in the U.S. since a 2023 outbreak began in Central AmericaThe presence of screwworm, which can devastate cattle herds, will likely rattle beef and livestock marketsUSDA criticized by cattle producers for failing to take timely measures to prevent ...Reuters
7 hours ago
Keurig Dr Pepper nears $18 billion deal for JDE Peet's, WSJ reports
Aug 24 (Reuters) - Keurig Dr Pepper KDP.O is close to a roughly $18 billion deal for European coffee company JDE Peet's JDEP.AS, the Wall Street Journal reported on Sunday, citing people familiar with the matter.Reuters could not immediately verify the report.Reuters
8 hours ago
