Oil rises as traders assess sanctions impact
By Arunima Kumar (Reuters) – Oil prices crept higher on Wednesday as the market focused on potential supply disruptions from sanctions on Russian tankers, though gains were tempered by a…
Gold prices rise after benign US CPI data; dollar weakens
Investing.com– Gold prices rose Wednesday, helped by benign US inflation data weighing on the dollar. At 09:25 ET (14:25 GMT), spot gold rose 0.4% to $2,687.87 an ounce, while gold futures…
Oil prices gain after benign US inflation data
Investing.com– Oil prices rose Wednesday, boosted by a benign US inflation report, which opened the potential for more Fed rate cuts, boosting economic activity. At 09:00 ET (14:00 GMT), Brent…
In the Amazon, women lead efforts to grow acai berry production
By Isabel Teles SAO PAULO (Reuters) – In the tiny community of Ilha da Jussara, at the northern tip of the Brazilian Amazon (NASDAQ:AMZN), growing acai berries – a superfood…
Yen firms on BOJ talk, sterling calmer on CPI, but US data still to come
By Rae Wee and Alun John SINGAPORE/LONDON (Reuters) -Japan’s yen strengthened on Wednesday on growing bets on a rate hike at the Bank of Japan’s next meeting, while cooling British…
Brazil orange juice exports volume falls 20% from July to December
SAO PAULO (Reuters) – Brazil’s exports of orange juice fell 19.7% in the first six months of the 2024/25 crop when compared to the same period in the previous season,…
Death toll from South African mine siege rises to 78, rescued now at 166
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Russian oil products trapped at sea by US sanctions, LSEG data shows
MOSCOW (Reuters) – Nearly 500,000 metric tons of Russian oil products are trapped on tankers hit by U.S. sanctions, LSEG data showed on Wednesday. On Jan. 10, new Russia-related sanctions…
Morning Bid: Inflation offers crumbs of comfort, big banks report
(Reuters) – A look at the day ahead in U.S. and global markets from Mike Dolan This week’s initial sweep of inflation readouts has calmed New Year market turbulence, but…
Trump’s energy department pick to call for more LNG and nuclear power
By Timothy Gardner WASHINGTON (Reuters) – Chris Wright, President-elect Donald Trump’s pick to head the U.S. Energy Department, will tell U.S. senators in his confirmation hearing on Wednesday his first…
