By Curtis WilliamsFor the first time in nearly two years, less than half of U.S. LNG exports last month went to Europe as stronger prices in Asia and record imports by Egypt diverted cargoes, according to preliminary ship-tracking data from LSEG.The shift marks the first time since July 2024 that E…
Spot hard red winter wheat basis bids were flat in the U.S. Plains states on Wednesday as farmers took advantage of a bounce in wheat futures to sell off their crop.Basis values are quoted against futures in cts/bu:NOTES:H = March, K = May, N = July, U = SeptemberZ = December; UNQ = Unquoted bids0…
Spot basis bids for corn and soybeans were steady to higher in the U.S. Midwest on Wednesday as elevators, processors and river terminals rolled basis bids forward ahead of the expiration of the Chicago Board of Trade July contracts.Basis values are quoted against CBOT futures in cts/bu:NOTE: 0 = O…
Zambia has extended for another 90 days its suspension of excise duty and Value Added Tax on petrol and diesel, the information and media ministry said on Wednesday.
Spot basis bids for corn and soybeans were flat to higher in the U.S. Midwest on Wednesday as some farmers took advantage of a rally in corn and soybean futures to sell off some of their old crop.Basis values are quoted against CBOT futures in cents/bu:NOTE: 0 = Option Price, UNC = Unchanged, UNQ…
BLACKROCK’S TSENG TO EXIT AS CEO OF TROUBLED PRIVATE CREDIT FUND - BLOOMBERG NEWSPHIL TSENG, CEO OF BLACKROCK TCP CAPITAL CORP, REMAINS AN EMPLOYEE OF THE WORLD’S LARGEST ASSET MAN
By Sukanya Mitra and Ashitha ShivaprasadGold prices rose more than 2% on Wednesday after softer-than-expected jobs data and remarks from Federal Reserve Chair Kevin Warsh that suggested inflation risks have eased.Spot gold TVC:GOLD rose 1.6% to $4,071.04 per ounce by 1:20 p.m. ET (1720 GMT) after h…
Federal Reserve Chairman Kevin Warsh said on Wednesday that while he has not changed his mind that a large central bank balance sheet should be shrunk, any notable change in policy on this matter will take time and be well communicated.“Decisions will be well deliberated publicly, well understood…
Italy posted a state sector budget deficit of €13.6 billion ($15.5 billion) in June compared to a shortfall of €17.9 billion in the same month last year, the Treasury said in a statement on Wednesday.($1 = 0.8784 euros)
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By Diana Novak JonesA California man sued OpenAI and its CEO Sam Altman on Wednesday, claiming the company's ChatGPT platform exacerbated his bipolar disorder due to a lack of safeguards for users with mental illness.Michael Lines, 34, said in the complaint filed in state court in San Francisco tha…
By Valerie VolcoviciDozens of planned gas plants to directly power data centers in the United States could emit as much greenhouse gas annually as Australia or France, according to a report by an environmental group published on Wednesday.The Environmental Integrity Project reviewed 74 gas-fired U…
Senator Elizabeth Warren, the leading Democrat on the Senate Banking Committee, on Wednesday urged the Federal Reserve's inspector general to examine whether Fed Vice Chair for Supervision Michelle Bowman breached the central bank's rules by delivering remarks at a private Bank of America NYSE:BAC…
The trade agreement between the U.S., Canada and Mexico did not adequately lower U.S. trade deficit with its North American neighbors, a senior Trump administration official said on Wednesday as Washington announced the U.S. would not renew the deal.The official said the administration was not inte…
India's gasoline and diesel sales continued to rise in June, according to preliminary data from the Petroleum Planning and Analysis Cell of the federal oil ministry.
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