By Nora Buli and Alban Kacher (Reuters) -Europe will need to import up to 160 additional liquefied natural gas cargoes this winter due to lower storage and a decline in pipeline flows from Russia and Algeria, according to analysts and data, deepening its dependency on U.S. gas. LNG imports will jump to 820 tankers this …
European Union’s US gas use set to soar, increasing price volatility Read More »
By Mike Dolan What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets As U.S. markets mull the lengthening government shutdown, the week started with political drama in Japan and France – with the yen and euro falling sharply against the dollar and both gold and the euro/yen exchange rate …
Morning Bid: Political jolts from Tokyo and Paris Read More »
By Fergal Smith TORONTO (Reuters) -Canadian defense, construction and metal mining shares stand to benefit as Ottawa commits to increased military spending and the speeding up of major infrastructure projects that could boost the economy, investors say. Shares of some of the companies in these sectors have already outperformed the broader Toronto stock index so …
(Reuters) -Space tech firm Firefly Aerospace will acquire national security technology company SciTec for about $855 million, the company said on Sunday, just months after its Nasdaq listing, honing its portfolio at a time when U.S. military and civil programs are receiving increased investor interest. The deal, which will be funded through a combination of …
By Leika Kihara TOKYO (Reuters) -The Bank of Japan maintained on Monday its cautiously optimistic view on the economic outlook but warned of nagging uncertainty over the impact of U.S. tariffs on corporate profits, suggesting its preference is to wait for more data before raising rates. In a quarterly report on Japan’s regional economies, the …
BOJ keeps cautiously upbeat economic view, warns of wage uncertainty Read More »
(Reuters) -J.P. Morgan upgraded its stance on the euro zone to “overweight” from “neutral” on Monday, noting that the equities in the region have become more attractive after several months of underperformance and policy support. “The time is coming up to turn bullish on Eurozone equities,” J.P. Morgan strategists, led by Mislav Matejka said. Euro …
J.P. Morgan upgrades euro zone to ‘overweight’, cites attractive equities Read More »
By Jarrett Renshaw, Ernest Scheyder and Gram Slattery (Reuters) -Trump administration officials have discussed taking a stake in Critical Metals Corp, four people familiar with the discussions told Reuters, which would give Washington a direct interest in the largest rare earths project in Greenland, the Arctic territory that President Donald Trump once suggested buying. If …
Trump administration eyes stake in company developing Greenland rare earths mine Read More »
(Reuters) -Boeing is guiding suppliers that it could ramp up 737 Max output and could reach a 42-jet monthly tempo as early as October, Bloomberg News reported on Monday citing people familiar with the plans. Reuters could not immediately verify the report. (Reporting by Yazhini MV in Bengaluru; Editing by Mrigank Dhaniwala)
(Reuters) -President Donald Trump on Sunday urged U.S. mortgage financing companies Fannie Mae and Freddie Mac to “get Big Homebuilders going,” saying without providing evidence that U.S. builders were “sitting on 2 Million empty lots, a RECORD.” It was unclear exactly what action Trump expected builders or the mortgage giants to take. Trump met in …
Trump calls on Fannie Mae and Freddie Mac to get big homebuilders ‘going’ Read More »
By Olesya Astakhova, Ahmad Ghaddar and Alex Lawler LONDON/MOSCOW (Reuters) -OPEC+ will raise oil output from November by 137,000 barrels per day (bpd), it said on Sunday, opting for the same fairly modest monthly increase as in October amid persistent worries over a looming supply glut. The group comprising the Organization of the Petroleum Exporting …
OPEC+ opts for modest oil output hike as glut fears mount Read More »
