News
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Denmark's prime minister to visit Greenland on April 2-4
COPENHAGEN, March 29 (Reuters) - Danish Prime Minister Mette Frederiksen will visit Greenland on April 2-4 for talks with the semi-autonomous territory's new government, she said on Saturday, amid U.S. interest in taking control of the Arctic island.Reuters
Sat, Mar 29
Stellantis to buy CO2 credits from Tesla 'pool' also in 2025, exec says
TURIN, Italy, March 29 (Reuters) - Stellantis STLA.MI will buy credits from a "pool" led by Tesla TSLA.O also in 2025, to meet European Union's CO2 reduction requirements, despite Brussels giving carmakers three years to comply, the group's Europe head said on Saturday.Carmakers faci...Reuters
Sat, Mar 29
China state media blasts CK Hutchison's Panama port deal in soon-deleted post
By Lewis Jackson and Jenny Su BEIJING, March 29 (Reuters) - Chinese state media attacked Hong Kong conglomerate CK Hutchison's plan to sell its ports near the Panama Canal to a BlackRock-led group in a social media post on Saturday that was taken down minutes later.The social media account li...Reuters
Sat, Mar 29
INSIGHT-Federal funding cuts ripple through the heart of Trump country
Cuts impact small farmers in West Virginia where Trump won 70% of votesTrump cut $500 million program for food banks to buy local produce Federal funds on average comprise about one-third of states' annual spendingBy P.J. Huffstutter RAINELLE, W.V., March 29 (Reuters) - The phone rang over th...Reuters
Sat, Mar 29
At least 4 killed in severe storms along Texas-Mexico border
By Kanishka SinghMarch 28 (Reuters) - At least four people were killed in severe storms in the near Texas' border with Mexico amid heavy rain and flooding, officials said on Friday.Hidalgo, Willacy and Cameron counties in Texas faced among the heaviest storms, which lasted for about 48 hours, lo...Reuters
Sat, Mar 29
CIF/FOB Gulf Grain-Corn barge basis bids rise, traders await tariff details
CHICAGO, March 28 (Reuters) - Spot basis bids increased for corn delivered by barge to the U.S. Gulf Coast on Friday, traders said, as suppliers waited for details on impending trade tariffs.* All eyes are on April 2, when U.S. President Donald Trump is expected to announce reciprocal tariffs, and o...Reuters
Fri, Mar 28
US regulators issue preliminary environmental support for Rio Grande LNG
HOUSTON, March 28 (Reuters) - The Federal Energy Regulatory Commission issued a preliminary decision on Friday supporting environmental approval for NextDecade's NEXT.O Rio Grande LNG project in southern Texas.In August, a Washington, D.C. Circuit court quashed the regulator's approval for t...Reuters
Fri, Mar 28
US Cash Grains-Soy, corn bids flat in quiet trade
CHICAGO, March 28 (Reuters) - Spot basis bids for corn and soybeans were unchanged in the U.S. Midwest on Friday as farmers and buyers awaited a set of U.S. Department of Agriculture reports, which will be released on Monday.* Corn and soy bids rose earlier in the week as buyers sought to entice sel...Reuters
Fri, Mar 28
Trump, Carney say they had a productive call; Canadian tariffs still coming
Trump and Carney both said the talk was constructiveCarney reiterated that Canada will impose counter tariffsCarney says US, Canada will start talks on new relationshipBy Doina Chiacu and David Ljunggren WASHINGTON/OTTAWA, March 28 (Reuters) - U.S. President Donald Trump and Prime Minister Mark C...Reuters
Fri, Mar 28
CK Hutchison will not sign deal to sell strategic Panama ports next week, sources say
Panama port deal won't be signed next week, but talks under way, sources sayChina's State Administration for Market Regulation to review the dealNegotiation with BlackRock-led consortium is on 145-day exclusive basisBeijing trying to project strong stance against US, analysts sayBy Clare Jim...Reuters
Fri, Mar 28
US Cash Crude-Grades mixed as WTI-Brent spread widens
March 28 (Reuters) - U.S. crude prices were mixed on Friday as the spread between West Texas Intermediate crude's discount to Brent crude hit its widest since November, encouraging export demand, dealers said. The WTI-Brent spread hit $4.32 a barrel, according to LSEG data. A discount of $4 ...Reuters
Fri, Mar 28
Carney says Trump respected Canada's sovereignty in conversation
OTTAWA, March 28 (Reuters) - Prime Minister Mark Carney on Friday told reporters that U.S. President Donald Trump had respected Canada's sovereignty during a conversation the two men had earlier in the day.Trump has frequently referred to Canada as a 51st U.S. state and mused about annexing it.Reuters
Fri, Mar 28
ICE canola futures finish up in strong week of daily gains
WINNIPEG, Manitoba, March 28 (Reuters) - ICE canola futures finished the week strongly, with Friday gains beating soyoil and pushing canola well above the $600 level.• May canola RSK5 settled up at $14 at $613.40 per metric ton. July RSN5 rose $12.90 to $618.30 and retained its premium to new-crop N...Reuters
Fri, Mar 28
LIVESTOCK-CME cattle futures turn lower amid inflation concerns, technical trading
By P.J. Huffstutter CHICAGO, March 28 (Reuters) - Chicago Mercantile Exchange (CME) cattle futures on Friday ended lower on technical trading, amid concerns about inflation and potential trade retaliation from broad tariffs promised by U.S. President Donald Trump next week, market analysts said.I...Reuters
Fri, Mar 28
Oil slips on recession fears but posts 3rd weekly gain
US set to impose reciprocal tariffs on wide range of importsWeekly gains due to US pressure on Venezuela, IranQ2 seen tighter than previously forecast - analystBy Shariq Khan NEW YORK, March 28 (Reuters) - Oil prices fell on Friday on worries that U.S. tariff wars could spark a global recession, ...Reuters
Fri, Mar 28
GRAINS-Corn futures rebound off multi-month lows, soybeans turn higher
Corn curbed by expected higher planting estimate in USDA reportWeak exports, rain relief pressure wheat pricesSoybeans ease after gains fuelled by soy oil rallyBy P.J. Huffstutter CHICAGO, March 28 (Reuters) - Chicago Board of Trade corn futures on Friday slumped to the lowest price in more t...Reuters
Fri, Mar 28
Somalia offers US exclusive control of air bases, ports
Somalia offers US control of strategic air bases and portsOffer could enhance US military presence in Horn of AfricaSomaliland opposes Somalia's offer, favors direct US engagement NAIROBI, March 28 (Reuters) - Somalia is prepared to offer the United States exclusive control of strategic air b...Reuters
Fri, Mar 28
Musk's X back up after brief outage hits US users, Downdetector shows
March 28 (Reuters) - Social media platform X on Friday recovered after a short outage that impacted thousands of users in the U.S., according to outage tracking website Downdetector.com. The disruptions eased around 3:10 p.m. ET, according to Downdetector, which tracks outages by collating st...Reuters
Fri, Mar 28
Dominion Energy slashes CEO's cash payout on long-term goals
Dominion CEO loses out on big cash haulUtility missed targets on profit and shareholder returnDemand for Dominion electricity looks robust on data center growthBy Tim McLaughlinMarch 28 (Reuters) - Dominion Energy D.N CEO Robert Blue missed out on taking home more than $4 million in cash after the u...Reuters
Fri, Mar 28
CBOT wheat dips to nearly 8-month low on sluggish exports, rain relief
CHICAGO, March 28 (Reuters) - Chicago Board of Trade wheat futures dropped to a nearly eight-month low on Friday, closing down for a fifth straight session, as traders focused on sluggish exports and rain relief in parts of the U.S. Plains, market analysts said. Four of CBOT's soft-red winter wh...Reuters
Fri, Mar 28
Musk's X down for tens of thousands of US users, Downdetector shows
March 28 (Reuters) - Elon Musk's X was down for tens of thousands of users in the U.S. on Friday, according to outage tracking website Downdetector.com.There were more than 53,000 incidents of people reporting issues with the social media platform as of 2:48 p.m. ET, Downdetector showed, which t...Reuters
Fri, Mar 28
BREAKINGVIEWS-Fake chocolate is a sweeter bet than plant burgers
By Pranav Kiran TORONTO, March 28 (Reuters Breakingviews) - Eco-conscious diners weren’t enough to propel once-hyped startups like Beyond Meat BYND.O into reshaping the food chain. The problem for plant-based burgers is that they weren’t clearly a better option on price or taste, and threatened ...Reuters
Fri, Mar 28