The U.S. Department of Energy on Tuesday declared an emergency across the nation's largest power grid, citing soaring demand and supply risks as extreme heat grips the region.In an order issued under Section 202(c) of the Federal Power Act, the energy secretary said a statutory emergency exists in…
By Kunal Das and Kamal ChoudhuryThe U.S. Food and Drug Administration said on Tuesday it has approved Orca Bio's therapy for the treatment of certain blood cancers, which also aims to lower the risk of stem cell transplant complications.The therapy, called Orca-T, brand name Tregzi, aims to treat p…
By Leika KiharaPolitical pressure on the Bank of Japan to slow its interest rate hikes is growing amid a push by Sanae Takaichi's government to restore dovish policymakers to the bank, a shake-up that could change its long-term policy direction.While recent calls by Prime Minister Takaichi and her…
By Hyunjoo Jin and Heekyong YangSamsung Electronics and SK Hynix are making one of the biggest bets yet on the artificial intelligence boom with investments worth hundreds of billions of dollars, but the planned capacity buildout is stoking fears of a painful reckoning if AI spending cools.The tech…
By Arathy Somasekhar and Amanda StephensonCanada's South Bow TSX:SOBO and U.S.-based Bridger Pipeline plan to jointly develop a new oil pipeline from Guernsey, Wyoming, to Cushing, Oklahoma, the companies told Reuters on Tuesday.The project will be developed along a corridor acquired from another c…
The U.S. Food and Drug Administration has approved Orca Bio's cell therapy for the treatment of certain blood cancers, the regulator said on Tuesday.
By Karl PlumeChicago Mercantile Exchange cattle futures fell for a third straight session on Tuesday under pressure from technical selling and profit-taking ahead of the U.S. Independence Day holiday weekend, with hot weather stoking concerns about a slowdown in beef demand.Abbreviated slaughter sc…
New Zealand's economic recovery has been delayed by the oil price shock and heightened global uncertainty, while inflation is expected to rise temporarily to around 4% in mid-2026, the International Monetary Fund said on Wednesday.The IMF, in a concluding statement after its 2026 Article IV mission…
Spot basis bids for corn shipped by barge to U.S. Gulf Coast terminals steadied on Tuesday after a recent rise, while soybean barge bids eased.For displays of CIF basis, click on the codes in brackets:U.S. CIF Gulf soybeans (GRYM)U.S. CIF Gulf corn (GRYN)U.S. CIF Gulf SRW wheat (GRYO)U.S. CIF Gulf…
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By Steve HollandPresident Donald Trump and his fellow Republicans plan to stage a convention in Dallas in September to rally voters for their party's candidates ahead of November's midterm congressional elections, two Republicans familiar with the matter said on Tuesday.An off-year convention is un…
Australia's South32 ASX:S32 said on Wednesday it has agreed to sell its aluminium value chain assets to Alcoa NYSE:AA for an implied enterprise value of up to $5.6 billion.Seprately, the diversified miner also announced that Matthew Daley has commenced as chief executive officer and managing direct…
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-- Source link: https://tinyurl.com/3arnxddx-- Note: Reuters has not verified this story and does not vouch for its accuracy
U.S. President Donald Trump said in a post on Truth Social on Tuesday that the Republican Party would hold a midterm convention in Dallas on September 9 and 10.
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