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Reuters - 19分钟前

Serbia and South Korean consortium sign solar plants deal

Serbia and US-South Korean consortium sign solar plants deal BELGRADE, Oct 16 (Reuters) - Serbia and a U.S.-South Korean consortium comprising UTG Renewables and Hyundai Engineering & Technology have signed a deal to build six solar power plants with a total capacity of 1,000 megawatts, a statement from the energy and mining ministry said. Serbian energy and mining minister Dubravka Djedovic Handanovic and the CEO of state-run power utility EPS Dusan Zivkovic signed the agreement on the Serbian

Reuters - 32分钟前

Biden has approved $1.8 bln for hurricane relief so far

UPDATE 1-Biden has approved $1.8 bln for hurricane relief so far Adds details and background, paragraphs 2-5 By Trevor Hunnicutt WASHINGTON, Oct 16 (Reuters) - The Biden administration has approved more than $1.8 billion for recovery efforts following hurricanes Helene and Milton, the White House said on Wednesday. The spending comes as states across the southeastern U.S.

Reuters - 37分钟前

Jefferies raises Keurig Dr Pepper PT on strong US beverage business

BUZZ-Jefferies raises Keurig Dr Pepper PT on strong US beverage business ** Jefferies raises beverage maker Keurig Dr Pepper's KDP.O PT to $42 from $39, citing strong beverage business in the U.S. ** Brokerage expects continued momentum in U.S. refreshment beverages business, and an increase in its growth estimate for the company's Q3 sales in the segment to 5.3% vs Wall Street estimates of 4.8% ** Adds that it sees accelerated growth in U.S.

Reuters - 41分钟前

US stocks mixed as cyclicals take the lead, crude weakness persists

GLOBAL MARKETS-US stocks mixed as cyclicals take the lead, crude weakness persists Morgan Stanley beats estimates, stock touch record high Grim ASML outlook hits chip stocks Crude extends its slide Updates to 10:52 EDT By Stephen Culp NEW YORK, Oct 16 (Reuters) - U.S. stocks were mixed on Wednesday and gold gained strength as bank earnings continued to beat expectations while fears of softening global demand weakened megacap growth stocks and quelled investor risk appetite.

Reuters - 56分钟前

Financial investors extend their short position in Euronext wheat

Financial investors extend their short position in Euronext wheat Oct 16 (Reuters) - Non-commercial market participants extended their net short position in Euronext's milling wheat futures and options in the week to October 11 , data published by Euronext on Wednesday showed. Non-commercial participants, which include investment funds and financial institutions, extended their net short position to 61,028 contracts from 60,619 a week earlier, the data showed.

Reuters - 1小时前

Biden has approved $1.8 bln for hurricane relief so far, White House says

Biden has approved $1.8 bln for hurricane relief so far, White House says WASHINGTON, Oct 16 (Reuters) - The Biden administration has approved more than $1.8 billion for recovery efforts following hurricanes Helene and Milton, the White House said on Wednesday. Reporting by Trevor Hunnicutt; writing by Jasper Ward

Reuters - 1小时前

Latam FX under pressure as commodities decline

EMERGING MARKETS-Latam FX under pressure as commodities decline Updated at 10:45 a.m. ET/ 1445 GMT Mexico's America Movil up after Q3 profit triples Chile rate decision on Thursday Latam stocks down 0.4%, FX off 0.7% By Shashwat Chauhan Oct 16 (Reuters) - Most Latin American currencies extended losses on Wednesday, as the prices fell of iron ore and oil, among the regions' biggest exports, and the market focused on economic data and geopolitics.

Reuters - 1小时前

BofA cuts CF Industries rating, says nitrogen price rally to lose momentum

BUZZ-BofA cuts CF Industries rating, says nitrogen price rally to lose momentum ** Hydrogen and nitrogen products manufacturer CF Industries Holdings' shares CF.N fall 0.3% to $84.83 ** BofA downgrades rating to "underperform" from "neutral", maintains PT of $83 ** "We believe the rally in global nitrogen prices is likely to lose momentum in the coming months, ultimately pushing earnings lower in 2025" - BofA ** Says loss in momentum driven by softer import demand from India as urea inventories

Reuters - 1小时前

Toronto stocks hit record high on BoC rate-cut optimism

CANADA STOCKS-Toronto stocks hit record high on BoC rate-cut optimism Updated at 10:10 a.m. ET/ 1410 GMT Oct 16 (Reuters) - Canada's main stock index hit a record high on Wednesday in a broad-based rally, as investors remained optimistic about the possible outsized interest rate cut by the Bank of Canada next week. The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was up 115 points, or 0.47%, at 24,554.08 and eclipsed the record high hit on Friday.

Reuters - 2小时前

Dominion Energy rises after nuclear reactor deal with Amazon

BUZZ-Dominion Energy rises after nuclear reactor deal with Amazon **Dominion Energy D.N up 2.62% at $59.09 ** Amazon AMZN.O signs three agreements to develop small modular reactor (SMR) technology to meet its data center demand, one of which is with Dominion for an SMR project in Virginia ** Deal expects to bring at least 300 megawatts of power to

Reuters - 2小时前

Saudi's Manara in advanced talks to buy stake in First Quantum's Zambian mines

EXCLUSIVE-Saudi's Manara in advanced talks to buy stake in First Quantum's Zambian mines Adds analyst comment, shares in paragraphs 9-10 By Divya Rajagopal, Clara Denina and Felix Njini Oct 16 - Saudi Arabia's Manara Minerals is closing in on a deal to buy a minority stake in Canadian miner First Quantum Minerals' FM.TO Zambian copper and nickel assets, three people familiar with the details told Reuters.

Reuters - 2小时前

Tampa Electric Restores Essentially All Customers Affected By Hurricane Milton

BRIEF-Tampa Electric Restores Essentially All Customers Affected By Hurricane Milton Oct 16 (Reuters) - TAMPA ELECTRIC: SAYS IT HAS RESTORED ESSENTIALLY ALL CUSTOMERS AFFECTED BY HURRICANE MILTON

Reuters - 2小时前

Dublin airport passenger cap a 'joke' that curbs expansion, IATA chief says

Dublin airport passenger cap a 'joke' that curbs expansion, IATA chief says DUBLIN, Oct 16 (Reuters) - The head of the global airline body IATA Willie Walsh said a passenger cap at Dublin airport in his native Ireland has become "a joke" internationally, and is preventing airlines from expanding there. The number of passengers at Dublin airport, which carries around 80% of the country's air passengers, was capped at 32 million when planners approved the construction of a second terminal in 2007,

Reuters - 2小时前

Pullback in US yields spurs gold's march toward record peak

PRECIOUS-Pullback in US yields spurs gold's march toward record peak Gold industry sees prices rising to $2,941/oz over 12 months Benchmark 10-year note yields slipped to over a week low Odds of 25 bps US rate cut in November at 96% ECB rate cut decision expected on Thursday Adds graphic and updates prices By Anushree Mukherjee Oct 16 (Reuters) - Gold advanced towards record highs on Wednesday as gains in non-yielding bullion were bolstered by weakness in U.S.

Reuters - 2小时前

Vietnam estimates cost of new railway link with China at $7.2 billion

UPDATE 2-Vietnam estimates cost of new railway link with China at $7.2 billion Adds details and context in paragraphs 5-8 HANOI, Oct 16 (Reuters) - Vietnam has estimated the cost of building a new railway linking it with China's Yunnan province at 179 trillion dong ($7.2 billion), state media reported on Wednesday. The 427-km (265-mile) railway would run from the border province of Lao Cai through the capital Hanoi and port city of Haiphong to Ha Long City, the official Vietnam News Agency repor

Reuters - 2小时前

Amazon.com joins push for nuclear power to meet data center demand

UPDATE 1-Amazon.com joins push for nuclear power to meet data center demand Adds comment from U.S. Senator Mark Warner, paragraph 15 By Timothy Gardner WASHINGTON, Oct 16 (Reuters) - Amazon.com AMZN.O said on Wednesday it has signed three agreements on developing the nuclear power technology called small modular reactors, becoming the latest big tech company to push for new sources to meet surging electricity demand from data centers.

Reuters - 2小时前

US opens applications for $900 million for small nuclear reactors

US opens applications for $900 million for small nuclear reactors By Timothy Gardner WASHINGTON, Oct 16 (Reuters) - The U.S. on Wednesday opened applications for up to $900 million in funding to support the initial domestic deployment of small modular reactor nuclear technology. WHY IT'S IMPORTANT President Joe Biden's administration believes nuclear power is critical in the fight against climate change because it generates electricity virtually free from emissions, and that U.S.

Reuters - 3小时前

London cocoa climbs to one-month high, sugar slips

SOFTS-London cocoa climbs to one-month high, sugar slips Adds background, updates prices LONDON, Oct 16 (Reuters) - London cocoa futures climbed to a one-month high on Wednesday, boosted by falling exchange stocks and the prospect of another poor crop in number two grower Ghana. COCOA * March London cocoa LCCc2 was 3 .1 % higher at 5, 385 pounds a metric ton by 1335 GMT after setting a one-month high of 5,481 pounds.

Reuters - 3小时前

Airbus, Boeing aircraft delivery delays not improving, IATA head says

UPDATE 1-Airbus, Boeing aircraft delivery delays not improving, IATA head says Adds background in paragraph 5, comments on EU 'level playing field' with China in paragraph 6 DUBLIN, Oct 16 (Reuters) - Delivery delays from planemakers Airbus AIR.PA and Boeing BA.N are "massively frustrating" and are not yet getting better, the head of the global airline body IATA said on Wednesday .

Reuters - 3小时前

Uganda's September coffee export earnings up 54% on high global prices

Uganda's September coffee export earnings up 54% on high global prices KAMPALA, Oct 16 (Reuters) - The value of Uganda's coffee exports surged 53.8% in September, compared to the same period a year ago, on the back of a rise in global prices, the state regulator said. Africa's largest exporter of the beans shipped 532,212 60-kilogram bags of coffee, for which it earned $144.7 million, 53.8% higher than earnings in same month last year, the Uganda Coffee Development Authority (UCDA) said in a rep

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