News
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Mubadala Energy takes stake in Kimmeridge gas, LNG projects in US
By Yousef Saba DUBAI, April 10 (Reuters) - Mubadala Energy, an arm of one of Abu Dhabi's sovereign wealth funds, signed a deal on Thursday with energy investor Kimmeridge that will give it stakes in gas assets in the United States, marking its entry into the market as part of its growth plans...Reuters
Thu, Apr 10
ASIA COFFEE-Domestic prices steady in Vietnam following US tariff pause
By Phuong Nguyen and Mas Alini ArifinHANOI, April 10 (Reuters) - Coffee bean prices in Vietnam, the world's biggest robusta producer, held steady on Thursday after the U.S. administration's decision to pause reciprocal tariffs on most countries, while prices in Indonesia flipped to premium. ...Reuters
Thu, Apr 10
Russia says Ukrainian attacks on its energy infrastructure increased in past day, RIA reports
MOSCOW, April 10 (Reuters) - Russia's defence ministry said that Ukraine had carried out 11 attacks on Russian energy infrastructure over the past day, the RIA state news agency reported, an increase from the day before and a violation of a U.S.-brokered moratorium on such strikes.Ukraine and Ru...Reuters
Thu, Apr 10
Barry Callebaut to scale up US production to cope with 'disruptive environment'
By Paolo Laudani and Isabel Demetz April 10 (Reuters) - Barry Callebaut BARN.S is planning to increase its U.S.-based production to fend off effects of the "disruptive environment" in North America and stay close to its customers, the Swiss chocolate maker's chief executive said on Th...Reuters
Thu, Apr 10
Czechs to sign contract with KHNP on nuclear plant this quarter
PRAGUE, April 10 (Reuters) - The Czech Republic's majority state-owned power company CEZ CEZP.PR will sign a contract with South Korea's KHNP on building two new 1,000-megawatt units at the Dukovany nuclear power plant this quarter, Finance Minister Zbynek Stanjura said on Thursday.The contr...Reuters
Thu, Apr 10
Technical talks between U.S., Ukraine on minerals deal to start Friday: Interfax Ukraine
KYIV, April 10 (Reuters) - Technical consultations between the United States and Ukraine on a minerals deal will begin in Washington on Friday, the Interfax Ukraine news agency quoted Ukrainian Deputy Prime Minister Olha Stefanishyna as saying on Thursday.Reuters
Thu, Apr 10
Google deploys AI to speed up connections at PJM, largest US power grid
Electricity customers hope to cut wait times to connect to gridThe first time AI will be used to manage grid connectionsUS power demand jumps as Big Tech rolls out data centers for AIBy Laila Kearney NEW YORK, April 10 (Reuters) - Alphabet Inc's GOOGL.O Google unit is partnering with the larg...Reuters
Thu, Apr 10
Oil: Tariff pause provides some relief – ING
Oil prices rallied along with risk assets yesterday after President Trump paused reciprocal tariffs on most trading partners, at least those that haven’t retaliated yet. This puts tariffs back to the baseline 10%, ING’s commodity analysts Warren Patterson and Ewa Manthey note.Fxstreet
Thu, Apr 10
Trump signs executive order seeking to revitalize US shipbuilding
Lawmakers welcome order, plan legislation to move forwardUSTR says will finalize remedies, including possible fees, by mid-AprilTrump vows to spend 'a lot of money' on shipbuildingBy Andrea Shalal, Jonathan Saul, Lisa Baertlein WASHINGTON, April 10 (Reuters) - U.S. President Donald Trump ...Reuters
Thu, Apr 10
Singapore fuel oil stockpiles hit 16-week high as imports jump
SINGAPORE, April 10 (Reuters) - Singapore's onshore fuel oil stockpiles reached their highest in 16 weeks after imports soared, data showed on Thursday.Residual fuel inventories STKRS-SIN were at 22.02 million barrels (about 3.47 million metric tons) in the week to April 9, up 4.5% from the prev...Reuters
Thu, Apr 10
EUROPE GAS-Prices rebound after US tariff pause
LONDON, April 10 (Reuters) - Dutch and British gas prices rebounded on Thursday after U.S. President Donald Trump announced an immediate 90-day pause on tariffs for many trading partners.The benchmark Dutch front-month contract TRNLTTFMc1 was up 1.5 euros to 34.70 euros per megawatt hour (MWh) or $1...Reuters
Thu, Apr 10
Barry Callebaut CEO - We Have Shifting Landscape In U.S Which Has Temporarily Paused Some Networks Decisions That We Were Preparing In North America
April 10 (Reuters) - BARRY CALLEBAUT AG BARN.S:BARRY CALLEBAUT CEO ON CALL: WE HAVE A SHIFTING MACROECONOMIC LANDSCAPE IN THE UNITED STATES WHICH HAS TEMPORARILY PAUSED SOME NETWORKS DECISIONS THAT WE WERE PREPARING IN NORTH AMERICABARRY CALLEBAUT CEO ON CALL: THERE ARE SHORT TERM COST INCREASES THA...Reuters
Thu, Apr 10
METALS-London metals rise as Trump's tariff pause eases trade war jitters
SHANGHAI, April 10 (Reuters) - Base metals in London climbed on Thursday, supported by improved market sentiment after U.S. President Donald Trump decided to temporarily pause the recently imposed hefty duties on several countries.The benchmark three-month copper CMCU3 on the London Metal Exchange (...Reuters
Thu, Apr 10
Anglo's Australian coal mine stable after underground fire
Anglo says no signs of damage at the Moranbah North mineThe mine is among assets being sold to Peabody EnergyPeabody in contact with Anglo over impact of fireBy Felix Njini JOHANNESBURG, April 10 (Reuters) - The situation at Anglo American's AAL.L Moranbah North coal mine in Australia is...Reuters
Thu, Apr 10
GRAINS-Soybeans rise after Trump's tariff U-turn
CANBERRA, April 10 (Reuters) - Chicago soybean futures extended gains on Thursday after shooting up 2% in the previous session when U.S. President Donald Trump said he would pause tariff increases on dozens of countries to allow time for trade negotiations. Trump's stunning U-turn sent equities ...Reuters
Thu, Apr 10
Japan April-June crude steel output forecast to fall 4.9% on-year, METI says
Predicts 20.20 million tons of crude steel output for April-JuneMarks 6th consecutive quarterly decline, the lowest in 5 yearsForecast does not fully reflect impact of U.S. tariffsBy Yuka Obayashi TOKYO, April 10 (Reuters) - Japan's crude steel output, not yet factoring in the impact of U.S. ...Reuters
Thu, Apr 10
Malaysia's palm oil stocks rise for first time in 6 months in March
Palm oil stocks rise 3.52% m/m to 1.56 million tons in MarchOutput rises 16.76% m/m to 1.39 million tonsExports edge up 0.91% m/m to 1.01 million tonsImports surge 82.5% to 121,886 tons, highest in 21 monthsBy Ashley Tang and Rajendra Jadhav KUALA LUMPUR, April 10 (Reuters) - Malaysia's palm ...Reuters
Thu, Apr 10
Anglo's Australian coal mine stable after underground fire
JOHANNESBURG, April 10 (Reuters) - Anglo American AAL.L said on Thursday the situation at its Moranbah North coal mine is stable and there is no evidence of damage after a fire outbreak underground.Moranbah is part of a suite of steelmaking coal assets that Anglo is selling to Peabody Energy BTU.N i...Reuters
Thu, Apr 10
Gold price rallies further beyond $3,100, eyes all-time high amid US-China tariff war
Gold price (XAU/USD) builds on the previous day's strong move higher and gains some positive follow-through traction for the second consecutive day on Thursday. Despite the optimism led by US President Donald Trump's decision to pause reciprocal tariffs on most nations, concerns about escalating...
Fxstreet
Thu, Apr 10
India Gold price today: Gold extends recovery as US-China trade war deepens
Deepening US-China trade war continues to bolster the haven demand for Gold price in India on Thursday, even though the global stocks rebound on US President Donald Trump's "90-day pause" on reciprocal tariffs for all other countries.Fxstreet
Thu, Apr 10
Japan to act on Chinese steel imports if unfair practices found under WTO rules
TOKYO, April 10 (Reuters) - Japan's trade and industry ministry will consider taking action on imports of Chinese steel if any unfair practices are identified under World Trade Organization rules, a ministry official said on Thursday.The official also said that Japan will continue to urge the U....Reuters
Thu, Apr 10