News
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China's rare earth exports grind to a halt as trade war controls bite
By Lewis Jackson BEIJING, April 11 (Reuters) - Shipments of seven rare earths placed on an export control list last week by Beijing have ground to halt, three sources said, raising the risk of shortages overseas as Chinese exporters begin the long, uncertain wait for government licenses.Shipments...Reuters
Fri, Apr 11
Spanish olive oil makers mull US investment, rush exports to avoid tariffs
ANTEQUERA, Spain, April 11 (Reuters) - One of Spain's leading olive oil producers is pondering an expansion into the U.S. in response to the tariff war unleashed by Washington, just as its peers are rushing out exports while the bulk of new tariffs are still on hold.Spain produces about 40% of t...Reuters
Fri, Apr 11
US natural gas prices slide 3% to 2-month low on small daily output rise
US LNG export feedgas on track to hit record high in AprilUS gas output on track to slide in April from March recordUS gas storage about 4% below five-year averageBy Scott DiSavino April 11 (Reuters) - U.S. natural gas futures slid about 3% to a two-month low on Friday on a small increase in dail...Reuters
Fri, Apr 11
SOFTS-Cocoa, coffee, sugar recover but head for sharp weekly falls amid demand woes
LONDON, April 11 (Reuters) - World cocoa, coffee and sugar prices recovered on Friday but were headed for sharp weekly falls as investors continue to fear a global recession sparked by U.S. President Donald Trump's sweeping trade tariffs.Trump said on Wednesday he would pause his planned tariffs...Reuters
Fri, Apr 11
CBOT Trends-Wheat up 10-12 cents, corn up 2-3, soy up 2-4
CHICAGO, April 11 (Reuters) - 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 Friday.WHEAT - Up 10 to 12 cents per bushel* CBOT wheat futures rebounded from a day-earlier fall, with the falling dollar en...Reuters
Fri, Apr 11
US energy secretary says we can stop Iran's oil exports
By Yousef Saba ABU DHABI, April 11 (Reuters) - U.S. Energy Secretary Chris Wright said on Friday that the United States could step up pressure on Iran and stop its oil exports as part of President Donald Trump's plan to pressure Tehran over its nuclear programme.The January return to the Whit...Reuters
Fri, Apr 11
Estonian navy detains Russia-bound oil tanker in Baltic Sea
Estonia seized and boarded tanker for inspectionPrime minister says tanker had no valid flag stateShip is on EU sanctions listBy Andrius Sytas VILNIUS, April 11 (Reuters) - The Estonian navy detained and boarded a Russia-bound oil tanker on an EU sanctions list on Friday, accusing it of sailing i...Reuters
Fri, Apr 11
Motor racing-Drivers say F1 cockpit cooling system needs more work
By Alan BaldwinSAKHIR, Bahrain, April 11 (Reuters) - Formula One's new cockpit cooling system still needs work, drivers said ahead of two of the hottest races of the year in the Middle East.Sunday's Bahrain Grand Prix and Saudi Arabia's race in Jeddah the following weekend are both in th...Reuters
Fri, Apr 11
U.S. nuclear power plant outages
April 11 (Reuters) - The following table lists total U.S. nuclear power generation capacity and the capacity offline due to planned and unplanned reasons, according to the daily data from the U.S. Nuclear Regulatory Commission.Total capacity EL-USTOTCAP-MW ......... 96,986 MW Tota...Reuters
Fri, Apr 11
Mandalay Resources Sees FY Production Of 85,000 To 95,000 Gold Equivalent Ounces
April 11 (Reuters) - Mandalay Resources Corp MND.TO:EXPECTS TO MEET ANNUAL PRODUCTION GUIDANCE OF 85,000-95,000 GOLD EQUIVALENT OUNCESREPORTS Q1 2025 GOLD AND ANTIMONY PRODUCTION IN-LINE WITH 2025 GUIDANCEQ1 CONSOLIDATED GOLD EQUIVALENT PRODUCTION OF 22,342 OUNCESQ1 CONSOLIDATED GOLD EQUIVALENT SOLD...Reuters
Fri, Apr 11
Upstream energy softening exceeds expectations, follow competition intensifies: WTW
By Rebecca DelaneyApril 11 - (The Insurer) - Upstream energy clients are increasingly favouring automatic capacity over traditional follow-only markets because of its lack of differentiation between poor-performing construction classes, according to WTW’s George Richardson. Speaking at the laun...Reuters
Fri, Apr 11
Miller places $2.3 billion BESS insurance policy in the Philippines
By Rebecca DelaneyApril 11 - (The Insurer) - Miller disclosed on Thursday that it has placed a $2.3 billion insurance policy for what it described as "the world's largest BESS project".The broker hailed the placement as evidence of the evolving maturity of co-located solar and battery en...Reuters
Fri, Apr 11
Thailand will cut tariffs on US corn, minister says
BANGKOK, April 11 (Reuters) - Thailand will cut tariffs on imports of corn from the United States, the finance minister said on Friday."The cost of American corn is cheap, making the cost of our animal feed lower," Pichai Chunhavajira said.Thailand is among the countries in Southeast Asian h...Reuters
Fri, Apr 11
UN shipping agency strikes deal on fuel emissions, pollution fees
By Enes Tunagur, Kate Abnett and Jonathan SaulLONDON, April 11 (Reuters) - Countries at the U.N. shipping agency struck a deal on Friday on a global fuel emissions standard for the maritime sector, which will impose an emissions fee on ships that breach it and reward vessels burning cleaner fuels.Th...Reuters
Fri, Apr 11
GRAINS-Corn extends rally to six-week peak
PARIS/CANBERRA, April 11 (Reuters) - Chicago corn futures rose further on Friday to hit another six-week high as a sliding dollar, easing concerns about tariffs and government supply-and-demand revisions boosted export sentiment.Wheat rebounded from a day-earlier fall, with the falling dollar encour...Reuters
Fri, Apr 11
Eni Says Kkr Completes Acquisition Of Additional Stake In Enilive Share Capital
April 11 (Reuters) - Eni SpA ENI.MI:KKR COMPLETES THE ACQUISITION OF AN ADDITIONAL STAKE IN THE SHARE CAPITAL OF ENILIVEKKR OWNS AN OVERALL 30% STAKE OF ENILIVE’S SHARE CAPITALTRANSACTION CONFIRMS POST-MONEY VALUATION OF EUR 11.75 BILLION OF EQUITY VALUE FOR 100% OF ENILIVE'S SHARE CAPITALOVERAL...Reuters
Fri, Apr 11
FACTBOX-Gold price forecasts raised as rally continues
April 11 (Reuters) - UBS and Commerzbank raised their gold price forecasts on Friday, joining other investment banks as investors drive the safe-haven metal to record highs amid the economic uncertainty sparked by U.S. President Donald Trump's trade policies.Trump's tariffs have roiled finan...Reuters
Fri, Apr 11
US energy secretary says we can stop Iran's oil exports
By Yousef SabaABU DHABI, April 11 (Reuters) - U.S. Energy Secretary Chris Wright said on Friday that the United States could step up pressure on Iran and stop its oil exports as part of a plan to pressure Tehran over its nuclear programme.Wright, speaking to Reuters during a visit to Abu Dhabi, said...Reuters
Fri, Apr 11
RPT-COLUMN-CBOT corn rally more than justified by US supply cuts: Braun
By Karen Braun NAPERVILLE, Illinois, April 10 (Reuters) - Chicago corn futures have shot nearly 5% higher so far this week despite gratuitous geopolitical uncertainties, especially when it comes to the United States and its foreign grain customers. But based on Thursday’s supply and demand update...Reuters
Fri, Apr 11
SOFTS-Cocoa, coffee, sugar recover but head for sharp weekly falls amid demand woes
LONDON, April 11 (Reuters) - World cocoa, coffee and sugar prices recovered on Friday but were headed for sharp weekly falls as investors continue to fear a global recession sparked by U.S. President Donald Trump's sweeping trade tariffs. Trump said Wednesday he would pause his planne...Reuters
Fri, Apr 11
China expands access for Spanish pork as trade tensions with US mount
By Ella Cao, Emma Pinedo and David Latona BEIJING/MADRID, April 11 (Reuters) - China has signed two agricultural trade protocols with Spain covering pork and cherries as the world's second largest economy acts to bolster ties with the European Union amid an escalating trade war between Beijin...Reuters
Fri, Apr 11