Latest news

United States
Nov 4, 2024

Oil edges down ahead of United States election, China NPC conference

Oil prices eased somewhat on Tuesday as markets braced for uncertainties from the U.S. governmental election, after increasing more than 2% in the past session as OPEC+...

United Kingdom
Nov 4, 2024

Financial Times - Nov. 5

The following are the leading stories in the Financial Times. Reuters has not verified these stories and does not guarantee their accuracy. Headlines - Anglo American to...

United States
Nov 4, 2024

Late season storm could interfere with 4 mln barrels of US oil output, scientists state

A late season tropical storm anticipated to intensify into a classification 2 typhoon in the U.S. Gulf of Mexico this week could decrease U.S. oil production by...

United States
Nov 4, 2024

US arrests Turk for apparently attempting to break Venezuela sanctions

U.S. authorities have jailed a Turkish male who they allege was attempting to breach sanctions by transferring oil from Venezuela, the Justice Department stated on Monday. The...

United States
Nov 4, 2024

Eversource Energy reports Q3 loss, narrows yearly profit projection

Eversource Energy reported a. thirdquarter loss on Monday as the business sustained an expense. associated to its overseas wind company divesture and narrowed its. 2024 profit projection....

China
Nov 4, 2024

Chinese business bullish on Cuban solar drive, executive says

Hangzhou Duojia Innovation, which disperses solar technology to Cuba, called a Cuban plan to dramatically boost solar generation a win for both nations, promoting China's manufacturing heft...

United States
Nov 4, 2024

Wall St slips as unpredictability surrounds U.S. election

U.S. stocks closed somewhat lower after a choppy session on Monday, as investors prepared for a crucial week in which Americans will elect a brand-new president and...

United States
Nov 4, 2024

Marathon, Teamsters to resume agreement talks as Detroit refinery strike gets in 2nd month

Marathon Petroleum Corp. and the Teamsters union, which represents numerous. refinery workers, will resume labor agreement settlements this. week as a strike at the refiner's Detroit center...

Carbon Emissions
Nov 4, 2024

Personal money, stimulated by public funds, ought to drive EU financial investment, ministers state

Europe's financial investment requirements for the green and digital transition, in addition to defence and research study, ought to utilize public funds mostly to bring in and...

Canada
Nov 4, 2024

In altering climate, merchants turning to weather methods

Bigname sellers such as Walmart are progressively utilizing analytics to blunt the impact of among the most unforeseeable efficiency variables of shopping: weather condition. Weather condition data,...

France
Nov 4, 2024

Guyana, Suriname could provide 12 million tonnes of LNG every year in the 2030s, report states

Guyana and Suriname might provide 12 million metric tonnes of liquefied gas yearly at a. competitive cost by the next decade, according to a report by. Wood...

United States
Nov 4, 2024

Constellation pursuing information centers at power plants in spite of regulative problem

Constellation Energy will continue to pursue offers to establish information centers on the websites of its U.S. power plants, days after federal regulators dealt a. blow to...

United Arab Emirates
Nov 4, 2024

Adnoc has expressed interest in Cyprus gas, minister states

United Arab Emirates energy giant Abu Dhabi National Oil Co. (Adnoc) has revealed interest in Cyprus' emerging natural gas sector, the country's energy minister informed Reuters on...

Brazil
Nov 4, 2024

Brazil prepares to get rid of prohibited Amazon gold miners from Munduruku land

Brazilian authorities are preparing to get rid of unlawful gold miners from a Native reservation in the Amazon jungle that has been crisscrossed with informal airstrips and...

Africa
Nov 4, 2024

OPEC oil output increases in October as Libyan supply rebounds, survey discovers

OPEC oil output rebounded in October from its lowest this year the previous month as Libya resolved a political crisis, a Reuters survey found, although a. additional...

Africa
Nov 4, 2024

UK's Prince William begins climate-focused journey to South Africa

Britain's Prince William began a fourday trip to South Africa on Monday by satisfying young ecologists and playing rugby with local schoolchildren in Cape Town. The trip...

Saudi Arabia
Nov 4, 2024

Saudi Arabia posts $8 bln Q3 deficit as lower oil costs weigh

Saudi Arabia logged a spending plan deficit of 30 billion riyals ($ 8 billion) in the 3rd quarter, a finance ministry declaration revealed on Monday, as lower...

France
Nov 4, 2024

TotalEnergies sees worldwide oil demand peaking after 2030

French oil major TotalEnergies forecasts international oil need will peak after 2030 in its 2 the majority of likely energy shift scenarios, neither of which will limit...

Israel
Nov 4, 2024

Israeli strikes kill 10 people in Gaza, maintain pressure on north

Israeli airstrikes eliminated at least 10 Palestinians in Gaza on Monday, with 7 dead in an attack on two houses in the north Gaza town of Beit...

South Asia
Nov 4, 2024

OPEC+'s again delayed output hike reveals soft need reality: Russell

Geopolitical uncertainty will probably amass the lion's share of the blame for OPEC+'s decision to as soon as again postpone raising crude oil output, but weak demand,...

United States
Nov 4, 2024

Constellation Energy raises yearly earnings forecast on greater electricity demand

Electric energy Constellation Energy raised its fullyear profit projection and beat Wall Street estimates for thirdquarter revenues on Monday, assisted by higher power need. The U.S. Energy...

Ukraine
Nov 4, 2024

Ukraine not opposed to Qatar negotiating energy security, Kyiv says

Ukraine would not be opposed if Qatar or any other country were to work out an arrangement on energy security by means of different talks with Ukraine...

Mining
Nov 4, 2024

Lower dollar propels copper to two-week peak

Copper prices climbed to twoweek highs on Monday after the dollar fell on expectations of rate of interest cuts in the United States, and as the marketplace...

India
Nov 4, 2024

Oil buyers, producers discussion needed for market stability, says India min

India's oil minister Hardeep Singh Puri contacted Monday for conversations between oil manufacturers and consumers to stabilise costs. Oil rates increased more than 2% following a choice...

Africa
Nov 4, 2024

UK's Prince William gets here in South Africa for climate-focused trip

Britain's Prince William landed in Cape Town on Monday for a fourday trip to South Africa centred on his annual Earthshot Prize for ecological innovators. The beneficiary...

Canada
Nov 4, 2024

In changing environment, merchants turning to weather techniques

Bigname sellers such as Walmart are increasingly using analytics to blunt the impact of among the most unforeseeable performance variables of shopping: weather condition. Weather condition information,...

United States
Nov 4, 2024

For dealmakers, regulative mayhem would damage Trump's pro-business tilt

With any other president, pledges of less policy and lower business taxes would have Wall Street's deal device salivating at the prospect of a feeding craze. Not...

United Arab Emirates
Nov 4, 2024

OPEC actions increasing volatility and hindering new financial investment in oil and gas, Eni CEO states.

OPEC+ oil supply cuts and recent efforts to unwind them have increased volatility in energy markets and hampered financial investment in brand-new production, the CEO of Italian...

United States
Nov 4, 2024

Gold holds ground ahead of US election and Fed interest rate choice

Gold costs were little bit changed on Monday as investor care prevailed ahead of the U.S. governmental election and looming Federal Reserve decision on rate of interest....

South Korea
Nov 4, 2024

Dollar slips, stocks flat ahead of neck-and-neck US election

The dollar fell and stocks struggled on Monday as investors trod thoroughly ahead of a U.S. governmental election of terrific effect for the global economy, with a...

Thailand
Nov 4, 2024

Thai SCG halts operations at $5.4 bln Vietnam petrochemical complex

Siam Cement Group (SCG). , Thailand's largest industrial conglomerate, said on. Monday it has actually suspended business operation at its $5.4 billion. Long Son Petrochemicals complex in...

United Arab Emirates
Nov 4, 2024

The majority of Gulf markets fall as OPEC+ hold-ups oil output walking

Many significant stock markets in the Gulf fell in early trade on Monday, following a decision by OPEC+ to delay a planned December oil output boost by...

China
Nov 4, 2024

Iron ore gains as markets await key China meeting

Iron ore futures swung to gains from losses on the very first working day of the week as the market acutely awaited a key conference of the...

India
Nov 4, 2024

Bangladesh fast tracks payment to Adani Power after supply cut

Bangladesh is speeding up payment of more than $800 million it owes Adani Power ahead of a Nov. 7 due date set by the Indian company, which...

Australia
Nov 4, 2024

Anglo American to sell stake in Australian steelmaking coal mines for $1.1 bln

UK-based Anglo American stated on Monday that it will sell its minority stake in a joint venture that owns a 70%. interest in the Jellinbah East and...

United States
Nov 4, 2024

UAE'S ADNOC to deploy autonomous AI in the energy sector for the first time

UAE energy giant ADNOC will use extremely autonomous agentic expert system in the energy industry for the first time, in collaboration with G42, Microsoft and AIQ, its...

Saudi Arabia
Nov 4, 2024

South Korean refiners' losses deepen in Q3, margins set to enhance in Q4

South Korean refiners reported on Monday sharp losses in the third quarter from oil refining, however expect their margins to recover in the 4th quarter with peak...

China
Nov 4, 2024

China's refining output set to fall this quarter on thin margins, weak need

Chinese refiners are anticipated to lower fuel output for the rest of the year and keep lower run rates in the very first quarter of 2025 regardless...

Taiwan
Nov 4, 2024

Dollar falters, stocks tick up as markets gird for US election showdown

Financial markets started the week on a careful note, though relocations in currencies stole the spotlight on Monday ahead of a busy week headlined by the U.S....

United States
Nov 4, 2024

Base metals increase on weaker dollar; focus on US election, China conference

Rates of base metals increased on Monday on a softer U.S. dollar, however trading remained thin amidst caution around the unpredictability of who will end up being...

Indonesia
Nov 4, 2024

Indonesia carrying out 'thorough workout' to reform fuel aid scheme, minister states

Indonesia is conducting a. comprehensive exercise to reform its fuel aid scheme, its energy. minister said on Monday, as the new president aims to reinin. aids that...

Scandinavia
Nov 4, 2024

MORNING quote EUROPE-Dollar jolted by Iowa surprise

A take a look at the day ahead in European and international markets from Wayne Cole. The early action Monday has actually remained in currencies as the...

United States
Nov 4, 2024

China's Nio plans to sell its very first hybrid automobile overseas only, sources state

Chinese electrical vehicle maker Nio is preparing to release its very first hybrid model in 2026 and will just offer it in overseas markets, consisting of the...

United States
Nov 3, 2024

Base metals increase on weaker dollar, but trade thin ahead of United States election

Prices of base metals rose on Monday on a softer U.S. dollar, however trading remained thin amidst care around the unpredictability of who will end up being...

India
Nov 3, 2024

Gold steady as markets brace for US election, likely Fed rate cut

Gold held steady on Monday as financiers got ready for a key week for the international economy ahead of the U.S. presidential election and the possibility of...

China
Nov 3, 2024

Iron ore slips; concentrate on key China conference and US election

Iron ore futures moved in the first working day of the week when the market would carefully keep an eye on the U.S. governmental election and a...

China
Nov 3, 2024

Oil costs jump over 1% on postponed OPEC+ output hike

Oil costs increased by more than $ 1 in early trading on Monday after OPEC+ stated on Sunday it would delay a prepared December output hike by...

United States
Nov 3, 2024

British Service - Nov. 4

The following are the top stories on the business pages of British newspapers. Reuters has not confirmed these stories and does not guarantee their accuracy. The Times...

United States
Nov 3, 2024

Financial Times - Nov. 4

The following are the top stories in the Financial Times. Reuters has actually not validated these stories and does not vouch for their precision. Headings - Rachel...

South Asia
Nov 3, 2024

OPEC+'s once again postponed output walking reveals soft need truth: Russell

Geopolitical uncertainty will probably amass the lion's share of the blame for OPEC+'s decision to when again postpone raising petroleum output, however weak need, especially in Asia,...