By Valerie Volcovici WASHINGTON (Reuters) – A project proposed by Elon Musk’s SpaceX and the U.S. Air Force to test hypersonic rocket cargo deliveries from a remote Pacific atoll could harm the many seabirds that nest at the wildlife refuge, according to biologists and experts who have spent more than a decade working to protect …
SpaceX rocket cargo project puts Pacific seabirds in jeopardy Read More »
By Liz Hampton and Georgina McCartney NEW YORK (Reuters) – U.S. crude oil stockpiles rose sharply last week as refinery utilization declined and imports rose and the market braced for new tariffs from the Trump administration, the Energy Information Administration said on Wednesday. Crude inventories rose by 6.2 million barrels to 439.8 million barrels in …
US crude inventories rise as imports jump ahead of new tariffs, EIA says Read More »
By Max A. Cherney and Stephen Nellis SAN FRANCISCO (Reuters) – Artificial intelligence group MLCommons unveiled two new benchmarks that it said can help determine how quickly top-of-the-line hardware and software can run AI applications. Since the launch of OpenAI’s ChatGPT over two years ago, chip companies have begun to shift their focus to making …
New AI benchmarks test speed of running AI applications Read More »
WASHINGTON (Reuters) – New orders for U.S.-manufactured goods increased solidly in February, likely as businesses front-loaded orders ahead of tariffs. Factory orders rose 0.6% after an upwardly revised 1.8% rebound in January, the Commerce Department’s Census Bureau said on Wednesday. Economists polled by Reuters had forecast factory orders would climb 0.5% after a previously reported …
By Yoruk Bahceli LONDON (Reuters) -PIMCO has turned a “little bit more cautious” on the dollar in recent months and was a touch underweight the U.S. currency across portfolios, the bond giant’s group chief investment officer Daniel Ivascyn said on Wednesday. The dollar index has shed nearly 4% so far this year on growing concerns …
PIMCO turns more cautious on dollar, says could see US rating downgrade this year Read More »
By Fabio Teixeira RIO DE JANEIRO (Reuters) – Discoveries made by Brazilian state-run oil firm Petrobras discoveries this year in the Campos and Santos basins and in the Buzios field are “significant,” exploration and production head Sylvia dos Anjos said on Wednesday. Petrobras announced hydrocarbon discoveries in February and March at the Aram block, located …
Petrobras’ new discoveries are ‘significant’, executive says Read More »
MADRID (Reuters) -Shares in Spanish pharmaceutical company Grifols rose on Wednesday after Canadian fund Brookfield said it was talking with shareholders, following a report from website El Confidencial that it was considering a new takeover attempt. In a filing to the Madrid stock market regulator, Brookfield, however, said that it was not in talks with …
Spanish pharma company Grifols’ shares up on Brookfield talk Read More »
By Roberto Samora SAO PAULO (Reuters) – Soybean seed piracy in Brazil generates losses of 10 billion reais ($1.76 billion) per year in the country, according to a study by CropLife Brasil and agribusiness consultancy Celeres Consultoria released on Wednesday. The findings of the study in Brazil, the world’s largest producer and exporter of soybeans, …
Brazil soy seed piracy generates $1.76 billion in losses per year, study finds Read More »
By Antonella Cinelli and Angelo Amante ROME (Reuters) -Italy’s Prime Minister Giorgia Meloni and its top business lobby warned on Wednesday that looming U.S. tariffs would have a major impact on the country’s exports and already struggling economy. U.S. President Donald Trump is expected to announce sweeping new tariffs on global trading partners later in …
Italy’s government, businesses warn of heavy impact of U.S. tariffs Read More »
By Shariq Khan and David French (Reuters) – ConocoPhillips is exploring the sale of oil and gas assets in Oklahoma that it inherited from its $22.5 billion takeover of Marathon Oil last year, people familiar with the matter said. The energy producer has hired investment bank Moelis & Co to run the sale process for …
ConocoPhillips eyes sale of Oklahoma assets worth over $1 billion, sources say Read More »
