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Saudi Arabia restores full capacity on East-West oil pipeline to 7 million bpd after attacks

CAIRO, April 12 (Reuters) - Saudi Arabia has restored full oil pumping capacity through the East-West pipeline L1N40S100 to about seven million barrels per day, it said on Sunday, days after providing an assessment of damage on its energy sector from attacks during the ...
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Exclusive-Third Point won’t run proxy fight at CoStar, exits position, letter says

By Svea Herbst-Bayliss NEW YORK, April 10 (Reuters) - Billionaire investor Daniel Loeb's hedge fund Third Point will not pursue a proxy fight at real estate data company CoStar Group and sold its entire stake in the owner of Apartments.com and Homes.com, according to sources ...
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Tribal gas stations offer a reprieve from high prices during Iran war

FORT COLLINS, Colo. (AP) - Junelle Lewis was on the hunt for a reprieve from Seattle-area gas prices driven high by the Iran war when an app on her phone gave her the answer: the Tulalip Reservation north of the city, almost half an ...
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The myrrh tree that’s key to luxury perfumes and African incomes is threatened by drought

AFCADDE, Ethiopia (AP) - The critical note in some of the world's most well-known perfumes is myrrh, a tree resin from the Horn of Africa that is under pressure from what experts say has been a historic drought. Threatened by the lack of water and ...
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Chinese investment in Brazil pivots from power dams to ice cream, courting consumers

By Luciana Magalhaes SAO PAULO, April 11 (Reuters) - For Chinese ice cream and beverage chain Mixue, which already has more stores than Starbucks or McDonald's, a cheerful snowman mascot on Sao Paulo's most famous avenue signals a new phase of its global expansion. Mixue's first ...
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Japan approves additional $4 billion for chipmaker Rapidus

TOKYO, April 11 (Reuters) - Japan's industry ministry said on Saturday it has approved an additional 631.5 billion yen ($3.96 billion) to accelerate research and development at chipmaker Rapidus. The support is part of the government's efforts to boost domestic production of advanced semiconductors and ...
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Peru election highlights lack of plans to tackle illegal mining despite growing environmental crisis

BOGOTA, Colombia (AP) - Peruvians head to the polls Sunday to elect a new president and Congress, but illegal mining - a major driver of deforestation and mercury pollution - has received little attention on the campaign trail, even as it spreads deeper into ...
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Irish police clear demonstrators to reopen refinery as fuel protest causes chaos

DUBLIN (AP) - Police removed and arrested protesters on Saturday to reopen Ireland 's only oil refinery as a fifth day of disruptive demonstrations over the soaring price of fuel left many gas pumps dry and threatened to cripple transportation across the country. Trucks and ...
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Fed asks about US banks’ exposure to private credit firms, Bloomberg reports

April 10 (Reuters) - The Federal Reserve is asking major U.S. banks for details about their exposure to private credit following a surge in redemptions from the funds and a rise in troubled loans in the industry, Bloomberg News reported on Friday, citing people ...
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Middle East war to cut growth, deliver cascading impact, World Bank chief says

By Andrea Shalal WASHINGTON, April 10 (Reuters) - The war in the Middle East will have a cascading impact on the global economy, even if a ceasefire announced by U.S. President Donald Trump takes hold, World Bank President Ajay Banga told Reuters in an interview ...
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Judge bars Arizona from regulating prediction market operators and pauses prosecution of Kalshi

PHOENIX (AP) - A federal judge on Friday temporarily barred Arizona from enforcing its gambling laws against predictive market operators and put the brakes on a criminal wagering case that the state has filed against Kalshi. U.S. District Judge Michael Liburdi's ruling means a Monday ...
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Developer of Massachusetts offshore wind farm sues to stop turbine manufacturer from walking away

The developer of a major Massachusetts offshore wind farm is suing its turbine manufacturer seeking to force it to stay with the project. Vineyard Wind filed a lawsuit Wednesday in Massachusetts against GE Renewables. That comes after the parent company for GE Renewables said it ...
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