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Trump says US struck Islamic State targets in Nigeria after group targeted Christians
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Monday, August 18
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SRN News
Oil edges lower as market ponders potential Russia-Ukraine peace talks
(Corrects dateline to Aug 19) By Anjana Anil (Reuters) -Oil prices slipped in early Asian trade on Tuesday as market participants contemplated planned three-way talks among Russia, Ukraine and the U.S. to end the war in Ukraine, which could lead to an end to sanctions ...
Monday, August 18
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Brazil regulator suspends soy moratorium, orders probe into soy exporters
By Ana Mano SAO PAULO (Reuters) -Brazilian competition authority CADE has ordered soybean traders in the world’s largest soybean exporter to end a program called “Soy Moratorium” or face hefty fines, according to a decision signed by General Superintendent Alexandre Barreto de Souza on Monday. In ...
Monday, August 18
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SRN News
BHP sells copper assets in Brazil to CoreX for up to $465 million
SAO PAULO (Reuters) -Global miner BHP has agreed to sell copper assets in Brazil to CoreX Holding for up to $465 million, it reported alongside its earnings on Monday. BHP has entered into a binding agreement with CoreX for the sale of the so-called Carajas ...
Monday, August 18
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SRN News
Steelmaker ArcelorMittal reports explosion at Mexico plant, none injured
MEXICO CITY (Reuters) -A strong explosion rocked steelmaker ArcelorMittal’s facilities in the Pacific town of Lazaro Cardenas in Mexico on Monday, the firm said. No injuries were reported and material damages were still being assessed, ArcelorMittal said in a statement. The cause of the ...
Monday, August 18
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SRN News
BHP posts smallest annual profit in five years on lower iron ore prices
(Reuters) -BHP Group reported its smallest annual underlying profit in five years and its lowest dividend in eight years on Tuesday, but said demand for its commodities remained resilient despite an uncertain global economic outlook. The world’s largest listed miner reported an underlying attributable profit ...
Monday, August 18
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Peru hopes to attract investment with tax cuts and sustain agro-export boom, minister says
By Marco Aquino LIMA (Reuters) -Peru hopes to increase agricultural investment with a significant reduction in income tax for large export companies, the sector’s minister told Reuters on Monday. The Peruvian Congress last week passed a law that reduces income tax to 15% from the current 29.5% for large agricultural exporters ...
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Monday, August 18
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SRN News
Petrobras favors corn over cane for ethanol, may exclude Raizen, sources say
RIO DE JANEIRO (Reuters) -Brazil’s Petrobras is leaning toward corn as the raw material for a renewed foray into ethanol, potentially sidelining sugarcane and beleaguered sugar producer Raizen, three Petrobras sources familiar with the matter said, citing preliminary evaluations. Energy company Petrobras, majority-owned by Brazil’s ...
Monday, August 18
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Bausch + Lomb board members resign after Icahn agreement ends
(Reuters) -Bausch + Lomb said on Monday Brett Icahn and Gary Hu have resigned from its board of directors after the termination of the agreement with billionaire Carl Icahn and some of his affiliates. The agreement, dated June 21, 2022, ended after the Icahn group’s ...
Monday, August 18
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DiDi’s 99 sues Chinese rival Keeta in Brazilian court
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Monday, August 18
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SRN News
Appeals court overturns order that stripped some protections from pregnant Texas state workers
NEW YORK (AP) — A federal appeals court has upheld a law strengthening the rights of pregnant workers, vacating a judge’s earlier order that had stripped those protections from Texas state employees. The ruling was a victory for advocates of the Pregnant Workers Fairness Act, ...
Monday, August 18
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SRN News
Utility to buy power from advanced nuclear plant to fuel Tennessee and Alabama Google data centers
NASHVILLE, Tenn. (AP) — The nation’s largest public utility plans to buy power from an upcoming advanced nuclear plant to help fuel Google data centers in Tennessee and Alabama, according to a deal announced Monday. The Tennessee Valley Authority, California-based Kairos Power and Google say ...
Monday, August 18
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By Jamie McGeever ORLANDO, Florida (Reuters) -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist Many world markets took a breather on Monday as investors awaited the outcome of U.S. President Donald Trump’s extraordinary meetings with Ukraine’s Volodymyr Zelenskiy and many European ...
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