News
Important Only
USTR says tariffs on electronic likely after investigation
WASHINGTON, April 13 (Reuters) - U.S. Trade Representative Jamieson Greer said on Sunday the electronics that were exempted from President Donald Trump's reciprocal tariffs will still be subject to tariffs, just under a different category.Those products were moved from reciprocal tariffs to the ...Reuters
an hour ago
US Commerce Secretary says exempted electronic products to come under separate tariffs
WASHINGTON, April 13 (Reuters) - U.S. Commerce Secretary Howard Lutnick said on Sunday in an interview with ABC's "This Week" that smartphones, computers and some other electronics will come under separate tariffs, along with semiconductors that may be imposed in a month or so. U.S....Reuters
3 hours ago
REFILE-Looser food standards off the menu in any US-UK trade deal, UK says
By David Milliken LONDON, April 13 (Reuters) - Britain will not relax its food safety standards as part of any deal to secure lower tariffs on its exports to the United States, business minister Jonathan Reynolds said on Sunday.U.S. President Donald Trump has imposed 10% tariffs on most imports o...Reuters
3 hours ago
China no longer welcome in UK steel sector, minister says
UK business secretary says steel too sensitive for Chinese firmsUK passed emergency law control of Chinese-owned British SteelBritish Steel operates UK's last blast furnacesRoom for Chinese investment in autos, life science, agricultural productsBy David Milliken LONDON, April 13 (Reuters) - ...Reuters
3 hours ago
Saudi Arabia, US on 'pathway' to civil nuclear agreement, US Energy Secretary says
By Pesha Magid RIYADH, April 13 (Reuters) - The United States and Saudi Arabia will sign a preliminary agreement to cooperate over the kingdom's ambitions to develop a civil nuclear industry, U.S. Energy Secretary Chris Wright told reporters in the Saudi capital Riyadh on Sunday.Wright, who h...Reuters
5 hours ago
US and Saudi Arabia to sign agreement on energy investments and civilian nuclear technology, US energy secretary says
RIYADH, April 13 (Reuters) - The United States and Saudi Arabia will sign a preliminary agreement on energy cooperation and civilian nuclear technology, US Energy Secretary Chris Wright told a press conference in Saudi capital Riyadh on Sunday.Wright said that further details on nuclear cooperation ...Reuters
6 hours ago
Trump says nuclear talks with Iran are going 'OK'
ABOARD AIR FORCE ONE, April 12 (Reuters) - U.S. President Donald Trump said on Saturday that talks with Iran over its nuclear program were going 'OK.'"I think they're going OK," Trump told reporters aboard Air Force One. "Nothing matters until you get it done, so I don't ...Reuters
15 hours ago
South Bow plans to restart Keystone at reduced rates by Tuesday
By Devika Madhusudhanan NairApril 12 (Reuters) - South Bow plans to restart the Keystone pipeline by Tuesday, April 15, the company said on Saturday, after it shut the key conduit for the flow of Canadian oil to the U.S. due to an oil spill in North Dakota.South Bow still needs written approval from...Reuters
18 hours ago
Senior Russian diplomat calls US-Iranian nuclear talks 'encouraging'
April 12 (Reuters) - A senior Russian diplomat on Saturday described as "encouraging" the outcome of U.S.-Iranian talks on Tehran's nuclear programme."At the end of today's meeting in Oman, both the Iranians and the Americans called the talks that took place positive and construc...Reuters
19 hours ago
South Bow Says Keystone Pipeline Targeting Restart By Tuesday April 15
April 12 (Reuters) - SOUTH BOW: WILL INSTITUTE CERTAIN OPERATING PRESSURE RESTRICTIONS ON THE CANADIAN SECTIONS OF KEYSTONE, AS AGREED TO WITH THE CANADA ENERGY REGULATORSOUTH BOW: KEYSTONE PIPELINE TARGETING RESTART BY TUESDAY APRIL 15Source: https://tinyurl.com/y4mdxfuvReuters
23 hours ago
Keystone operator given corrective action order after North Dakota oil spill
By Devika Madhusudhanan Nair April 12 (Reuters) - U.S. regulators say there could be structural issues with the Keystone Pipeline and have issued a corrective action order to its operator, South Bow Corp SOBO.TO, after an oil spill in North Dakota shut the key conduit for the flow of Canadian oil...Reuters
Sat, Apr 12
Trump plans to stockpile deep-sea metals to counter China, FT reports
April 12 (Reuters) - The Trump administration is drafting an executive order to enable the stockpiling of deep-sea metals to counter China's dominance in battery minerals and rare earth supply chains, the Financial Times reported on Saturday, citing people familiar with the matter.Under the plan...Reuters
Sat, Apr 12
Cold winds sweep Beijing, closing key sites, disrupting travel
BEIJING, April 12 (Reuters) - China's capital hunkered down on Saturday as rare typhoon-like gales swept northern regions, forcing the closure of historic sites and disrupting travel while bringing late snowfalls and hailstone showers in some areas.Windows shook and trees crashed onto footpaths ...Reuters
Sat, Apr 12
Trump plans to stockpile deep sea metals to counter China, FT reports
April 12 (Reuters) - The Trump administration is drafting an executive order to enable the stockpiling of metals found on the Pacific Ocean seabed to counter China's dominance in battery minerals and rare earth supply chains, The Financial Times reported on Saturday, citing people familiar with...Reuters
Sat, Apr 12
CORRECTED-Cold winds sweep Beijing, closing key sites, disrupting travel
BEIJING, April 12 (Reuters) - China's capital hunkered down on Saturday as rare typhoon-like gales swept northern regions, forcing the closure of historic sites and disrupting travel while bringing late snowfalls and hailstone showers in some areas.Windows shook and cars were rocked by gusts of ...Reuters
Sat, Apr 12
CORRECTED-GLOBAL LNG -Asian spot prices slip to near 1-year low on weak demand, recession concerns
By Emily Chow SINGAPORE, April 11 (Reuters) - Asian spot liquefied natural gas (LNG) prices slid its lowest in nearly a year this week, weighed by weak demand, high stocks and concerns of a global recession triggered by U.S. President Trump's implementation of worldwide tariffs. The average L...Reuters
Sat, Apr 12
Trump administration moves to pull Maine's school funding over transgender athletes
Education Department moves to cut off Maine's federal education fundingJudge issues temporary restraining order blocking USDA from cutting off federal school lunch fundingBy Nate Raymond and Jack Queen April 11 (Reuters) - U.S. President Donald Trump's administration on Friday moved to cu...Reuters
Sat, Apr 12
Chevron's Venezuelan oil cargoes canceled, stalled amid payment uncertainty
PDVSA cancels authorizations for Chevron-chartered shipsChevron awaits paperwork for cargo return to Venezuelan ports HOUSTON, April 11 (Reuters) - At least two vessels carrying Venezuelan crude chartered by Chevron CVX.N are stalled due to state oil company PDVSA canceling their export authoriza...Reuters
Sat, Apr 12
Trump administration cannot freeze Maine school lunch funds over transgender athlete policy, judge rules
Judge rules USDA didn't follow legal procedures in freezing fundsProgram funds used to feed schoolchildren and vulnerable adults April 11 (Reuters) - President Donald Trump's administration cannot cut off Maine's federal school lunch funding over the state's refusal to ban transge...Reuters
Sat, Apr 12
Canada's South Bow cuts crude trading team, focuses on contracted pipeline volumes, sources say
South Bow laid off 2 crude traders on April 4, sources sayIt seeks to hike contracted volumes on its pipeline systems South Bow sees marketing unit EBITDA down $30 million in 2025 By Georgina McCartney HOUSTON, April 11 (Reuters) - Calgary-based pipeline company South Bow SOBO.TO has cut the size...Reuters
Sat, Apr 12
LIVESTOCK-CME cattle futures rebound alongside stock market after volatile week
By Renee Hickman CHICAGO, April 11 (Reuters) - Chicago Mercantile Exchange cattle futures recovered on Friday as the stock market jumped at the end of a volatile week that pulled livestock futures along for a roller coaster ride driven by tariff dispute headlines. CME June live cattle futures LC...Reuters
Fri, Apr 11
CIF/FOB Gulf Grain-Soybean barge basis rises on good demand, river shipping woes
CHICAGO, April 11 (Reuters) - Basis bids for soybeans delivered by barge to U.S. Gulf Coast terminals were mostly higher on Friday on good demand from exporters as river shipping woes stalled movement of supplies to the export hub, traders said.* Flooding on the lower Ohio River following severe sto...Reuters
Fri, Apr 11
Southern California Edison lays out $925 million plan to rebuild after LA wildfires
April 11 (Reuters) - Southern California Edison (SCE), a subsidiary of utility Edison International EIX.N, said on Friday it had submitted an initial plan to rebuild the areas within its service territory that were devastated by the Los Angeles wildfires in January.The preliminary plan was submitted...Reuters
Fri, Apr 11
US Cash Crude-Grades little changed even as U.S. energy firms cut oil rigs
April 11 (Reuters) - Grades were steady on Friday even as U.S. energy firms this week cut oil rigs by the most in a week since June 2023. WTI Midland was unchanged, while Mars edged 10 cents higher.Baker Hughes said oil rigs fell by nine to 480 this week. Oil producers were starting to think about c...Reuters
Fri, Apr 11