By Stephanie Kelly NEW YORK (Reuters) – U.S. senators reintroduced a bipartisan bill on Thursday that would allow nationwide sales of gasoline with a higher blend of ethanol year-round, a plan that has the support of a leading oil trade group. Senator Deb Fischer, a Republican from Nebraska, introduced the bill with senators including Tammy …
US senators reintroduce bill to allow year-round, nationwide E15 sales Read More »
SYDNEY (Reuters) – Manufacturing activity in New Zealand expanded for the first time in nearly two years, with key sub-index results for both production and new orders in positive territory, a survey showed on Friday. The Bank of New Zealand-Business NZ’s seasonally adjusted Performance of Manufacturing Index (PMI) jumped to 51.4 in January from a …
New Zealand manufacturing activity expands for first time in two years, survey shows Read More »
By Laila Kearney (Reuters) -U.S. electric utilities are adding tens of billions of dollars to spending plans to build new power supplies and bolster the grid as data centers for artificial intelligence and cloud computing drive up energy demand. In company earnings calls on Thursday, PPL Corp said it would increase its capital investments through …
US power companies increase data center demand spending as DeepSeek fears wane Read More »
By Erwin Seba HOUSTON (Reuters) -Oil prices settled flat on Thursday, paring early losses of more than 1% as U.S. tariff announcements were delayed until at least April, feeding hope that the world could avoid a trade war that would pressure economies and energy demand. Brent crude futures settled at $75.02 a barrel, down 16 …
Oil settles flat, pares early losses as tariffs delayed Read More »
By Leticia Fucuchima and Luciana Magalhaes SAO PAULO (Reuters) – Brazilian mining giant Vale is in advanced talks to sell a majority stake in a renewable energy unit and a solar plant to U.S.-based investment firm Global Infrastructure Partners (GIP), two people familiar with the matter said. The deal for 70% of both Vale’s Alianca …
Vale in advanced talks to sell Brazil renewable assets to GIP, sources say Read More »
(Reuters) – MEMORANDUM FOR THE SECRETARY OF THE TREASURY THE SECRETARY OF COMMERCE THE SECRETARY OF HOMELAND SECURITY THE DIRECTOR OF THE OFFICE OF MANAGEMENT AND BUDGET THE UNITED STATES TRADE REPRESENTATIVE THE ASSISTANT TO THE PRESIDENT FOR ECONOMIC POLICY THE SENIOR COUNSELOR TO THE PRESIDENT FOR TRADE AND MANUFACTURING SUBJECT: Reciprocal Trade and Tariffs …
By Mike Stone, Fanny Potkin and Wen-Yee Lee WASHINGTON/SINGAPORE/TAIPEI (Reuters) -The White House is seeking to renegotiate U.S. CHIPS and Science Act awards and has signaled delays to some upcoming semiconductor disbursements, two sources familiar with the matter told Reuters. The people, along with a third source, said the new administration is reviewing the projects …
Exclusive-Trump prepares to change US CHIPS Act conditions, sources say Read More »
By Marcelo Teixeira (Reuters) – The mid-sized coffee merchant Central do Cafe in Brazil’s Minas Gerais state suspended operations temporarily starting this week, seeking to renegotiate its debts, according to a note shared by farmers on Thursday and local media. The shortage in global coffee supplies had sent prices soaring to record highs. Some merchants …
Coffee merchant in Brazil’s Minas Gerais suspends operations Read More »
By Shivani Tanna, Aditya Soni and Krystal Hu (Reuters) -A consortium led by Elon Musk will withdraw its $97.4-billion bid for OpenAI’s non-profit arm if the ChatGPT maker drops plans to become a for-profit entity, the billionaire’s lawyers said in a court filing on Wednesday. Musk has been trying to block the startup he co-founded …
Musk will pull OpenAI bid if ChatGPT maker remains non-profit, lawyers say Read More »
By Niket Nishant and Arasu Kannagi Basil (Reuters) -SailPoint was valued at $12.8 billion after its shares debuted in line with their offer price on Thursday, marking a tepid return to the stock market for the Thoma Bravo-backed identity security company. The Austin, Texas-based company’s stock opened at $23 per share, adding to a string …
Thoma Bravo-backed SailPoint valued at $12.8 billion in muted market return Read More »
