(Reuters) – Oil refiners are permanently closing processing plants in Asia and North America and facilities in Europe could be next as uncertain prospects for a recovery in fuel demand after the coronavirus pandemic triggered losses. The pandemic initially cut... More »
CHICAGO (Reuters) – Major meat companies in the United States and Canada have closed plants temporarily due to cases of the new coronavirus and concerns about its spread. Here are some facilities that have shut or reduced production: * JBS USA [JBS.UL] shut a ... More »
(Reuters) – French state-controlled energy group EDF has agreed to buy Pivot Power, a British start-up company that specialises in battery storage and electric vehicle charging points. EDF, which did not disclose the financial terms of the acquisition, said th... More »
(Reuters) – Alphabet Inc’s Google said on Sunday it had resolved the network congestion in the eastern United States that affected services in Google Cloud, G Suite and YouTube. Google said it would conduct an investigation of the outage and make appropriate i... More »
(Reuters) – A committee in Ohio’s House of Representatives voted along party lines to approve a bill to save the state’s two nuclear power reactors from retirement and provide some financial support for a couple of ailing coal plants. Republicans in the House ... More »
NEW YORK (Reuters) – Philadelphia Energy Solutions will defer retirement payments to union members until next year, the company said in a letter to the union last week, the latest sign the refiner is struggling to find its financial footing after emerging from... More »
MOSCOW (Reuters) – A blast at the Azot chemical plant in Russia’s region of Perm killed three people on Monday, the Interfax news agency cited the Emergency Ministry as saying. The blast occurred during maintenance work, Russian news agencies cited the ministr... More »
WASHINGTON (Reuters) – President Donald Trump will almost certainly face legal challenges over his decision to declare a national emergency to get additional funding for a U.S.-Mexico border wall, circumventing the power of Congress to set spending policy. Leg... More »
WASHINGTON (Reuters) – The U.S. Senate on Thursday voted overwhelmingly to avert another partial government shutdown with bipartisan spending legislation that funds new barriers for part of the U.S.-Mexico border, but not the $5.7 billion that President Donald... More »
(Reuters) – Southern California Gas continued to urge customers to use less natural gas on Friday to avoid straining its system as cold blankets its service area after restoring more withdrawal capacity at its Aliso Canyon storage facility in Los Angeles. On T... More »
WASHINGTON (Reuters) – President Donald Trump’s deal to end the U.S. government shutdown without getting money for his border wall drew immediate scorn from some of the prominent conservative figures whose support may be crucial to his 2020 re-election bid. Th... More »
WASHINGTON (Reuters) – As a partial U.S. government shutdown neared the three-week mark, Democrats on Wednesday were set to test Republicans’ resolve in backing President Donald Trump’s drive to build a wall on the border with Mexico, which has sparked an impa... More »
WASHINGTON (Reuters) – President Donald Trump and Vice President Mike Pence will meet with Senate Republicans on Wednesday on Capitol Hill, amid a government shutdown now in its 18th day, the White House said on Tuesday. Source: https://www.reuters.com/article... More »
WASHINGTON (Reuters) – A partial shutdown of the federal government entered its 18th day on Tuesday as U.S. President Donald Trump prepared to make a nationally televised address to promote construction of his long-promised wall along the border with Mexico. T... More »
WASHINGTON (Reuters) – President Donald Trump said in a televised address on Tuesday that a wall along the U.S. border with Mexico is a critical part of border security and was needed to break a cycle of illegal immigration from Latin America that hurts mainly... More »
NEW YORK (Reuters) – The U.S. Internal Revenue Services is closed, thanks to the government shutdown, but your taxes are still due on April 15 and that is why individuals need to proceed through tax season as if nothing is amiss, experts say. The opening day o... More »
WASHINGTON (Reuters) – The Trump administration has decided it cannot authorize new flood insurance policies, citing the partial shutdown of the federal government due to a budget impasse in Congress and potentially putting thousands of home sales in limbo. Th... More »
WASHINGTON (Reuters) – U.S. President Donald Trump said on Friday that a partial shutdown of the government would hopefully not last long, after Republican senators failed to muster the votes needed to approve a funding measure that included $5 billion for a b... More »
MEXICO CITY (Reuters) – Mexican business leaders called out the government on Monday over a recent wave of criminal activity that has terrorized large swaths of Latin America’s second-largest economy and led some prominent firms to cut back operations. Two of ... More »
(Reuters) – Nissan Motor Co Ltd (7201.T) is slashing production by as much as 20 percent in North America to cope with a decline in automobile sales, the Nikkei reported on Monday. Cuts are already in progress at two assembly plants in the United States and th... More »
Representation of the Bitcoin virtual currency standing on the PC motherboard is seen in this illustration picture, February 3, 2018. REUTERS/Dado Ruvic/Illustration WASHINGTON (Reuters) – The Federal Communications Commission said on Thursday an investigation... More »
Australia’s Prime Minister Malcolm Turnbull attends the APEC Economic Leaders’ Meeting in Danang, Vietnam November 11, 2017. REUTERS/Jorge Silva SYDNEY (Reuters) – Prime Minister Malcolm Turnbull said on Monday Australian military equipment manufacturers will ... More »
The U.S. Capitol is lit during the second day of a shutdown of the federal government in Washington, U.S., January 21, 2018. REUTERS/Joshua Roberts WASHINGTON (Reuters) – Hundreds of thousands of federal workers will wake up on Monday with the U.S. government ... More »
The U.S. Capitol is lit during the second day of a shutdown of the federal government in Washington, U.S., January 21, 2018. REUTERS/Joshua Roberts (Reuters) – Thousands of federal workers faced anxiety about the status of their jobs and paychecks after U.S. S... More »
Birds fly over the White House in Washington, U.S., on the second day of Government shutdown, January 21, 2018. REUTERS/Yuri Gripas (Reuters) – U.S. lawmakers struggled on Sunday to reach a breakthrough during the second day of a government shutdown. If Republ... More »
Senator John Cornyn (R-TX) talk to reporters on Capitol Hill in Washington, U.S., January 19, 2018. REUTERS/Yuri Gripas WASHINGTON (Reuters) – Republican Senator John Cornyn predicted on Sunday that the U.S. government would remain shut on Monday, as lawmakers... More »
Senator Jeff Flake, Republican of Arizona, said on Sunday that he hoped Democratic and Republican party leaders would "agree to something soon" to end a federal government shutdown. More »
A red angel-shaped statue called Phylax by Greek artist Kostis Georgiou is seen in southern Athens, Greece, December 28, 2017. Picture taken December 28, 2017. Panayiotis Tzamaros/Intimenews via REUTERS ATHENS (Reuters) – Black-clad protesters in southern Athe... More »
(Reuters) – The U.S. Congress on Thursday approved a temporary funding bill to prevent federal agencies from shutting down at midnight Friday when existing money was set to expire. The following are the major items that were debated on the legislation that Pre... More »
U.S. Senate Republican leader Mitch McConnell said on Sunday it would be "ridiculous" for a fight with Democrats over immigration issues to result in a standoff over a year-end spending bill and prompt a shutdown of the federal government. More »
Oil prices crept higher on Tuesday, holding on to gains made as fighting between Iraqi and Kurdish forces threatened supplies from northern Iraq while political tension rose between the United States and Iran. More »
Oil prices firmed on Friday as strong Chinese oil import data and turmoil in the Middle East boosted bulls in a market that has already shown signs of rebalancing after years of excess. More »
Oil prices edged up on Monday, after a 2 percent slide on Friday, as the number of rigs drilling for new oil in the United States dipped and on expectations that Saudi Arabia would continue to restrain its output to support the market. More »
U.S. crude oil prices slipped below $50 per barrel on Monday but stayed close to multi-month highs amid a drop in shale drilling and as refineries continued to restart after Hurricane Harvey. More »
Oil prices steadied on Friday after almost a week of sharp rises as Hurricane Irma, one of the most powerful storms in a century, drove towards Florida after tearing through the Caribbean. More »
Oil and petrochemical plants along the U.S. Gulf Coast intend to go ahead with plans for near record spending on expansions next year, despite Hurricane Harvey driving up labor costs and slowing work, experts said. More »
U.S. oil prices rose on Tuesday as the gradual restart of refineries in the Gulf of Mexico that were shut by Hurricane Harvey raised demand for crude, their main feedstock. More »
Texas on Monday edged toward recovery from the devastation of Hurricane Harvey as shipping channels, oil pipelines and refineries restarted some operations and authorities lifted an evacuation order for the area around a once-burning chemical plant. More »
The U.S. Coast Guard on Monday allowed some barge traffic to enter Port Arthur, Texas, home of the country's largest oil refinery, and is considering allowing ships to enter on Tuesday, a spokesman said. More »
Oil prices dipped on Wednesday but gasoline spiked to its highest since mid-2015 as flooding in the wake of Hurricane Harvey knocked out almost a quarter of U.S. refineries, crimping demand for crude but raising fears of fuel shortages. More »
The largest crude oil refinery in the United States was shutting down on Tuesday night due to flooding from Tropical Storm Harvey in its 603,000 barrel-per-day (bpd) Port Arthur, Texas, plant, said sources familiar with operations. More »
Flooding from Tropical Storm Harvey has shut nearly a fifth of U.S. oil-refining capacity, triggering worries about a gasoline supply crunch as the slow-moving tempest lumbers through the heart of America's petrochemicals industry. More »
Oil markets were roiled on Monday after Hurricane Harvey wreaked havoc along the U.S. Gulf coast over the weekend, crippling Houston and its port, and knocking out numerous refineries as well as some crude production. More »
A hurricane in the heart of the U.S. energy industry is set to curtail near-record U.S. oil production for several weeks, with the impact expected to reverberate throughout the country and across international energy markets. More »
South Africa’s agricultural department confirmed on Wednesday two more outbreaks of highly pathogenic H5N8 bird flu have been detected on commercial layer farms in the provinces of Gauteng and Mpumalanga. More »
FILE PHOTO – A worker mounts the logo on a rim at the serial production BMW i3 electric car in the BMW factory in Leipzig September 18, 2013. REUTERS/Fabrizio Bensch Problems at one of its suppliers has forced German carmaker BMW (BMWG.DE) to halt production i... More »
U.S. President Donald Trump looks on as Treasury Secretary Steve Mnuchin speaks at a signing ceremony at the Treasury Department in Washington, U.S., April 21, 2017. REUTERS/Aaron P. Bernstein President Donald Trump put pressure on Democrats on Sunday as U.S. ... More »
A landslide caused by rains from Cyclone Debbie is shoveled off the main road between Napier and Taupo on New Zealand’s North Island, April 5, 2017. SNPA/Sarah Lord/via REUTERS Rescue workers used tractors and boats to evacuate thousands of people at the top o... More »
Cars sit submerged after heavy rain associated with Cyclone Debbie hit the Gold Coast suburb of Robina in Queensland, Australia, March 30, 2017. AAP/Dave Hunt/via REUTERS Australia began evacuating thousands of people stranded on resort islands in the tropical... More »
The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, February 20, 2017. REUTERS/Pascal Rossignol Web users experienced widespread glitches on Tuesday, from news sites to government services, after Amazon.com Inc’s popu... More »
People walk past the logo of German telecommunications giant Deutsche Telekom AG seen at the Telekom’s headquarters in Bonn February 25, 2016. REUTERS/Wolfgang Rattay/File Photo Britain’s National Crime Agency (NCA) has arrested a suspect in connection with la... More »
A view of the Euphrates river during sunset in Raqqa province, Syria May 15, 2013. REUTERS/Hamid Khatib/File Photo The United Nations is warning of catastrophic flooding in Syria from the Tabqa dam, which is at risk from high water levels, deliberate sabotage ... More »
Workers process lettuce for shipment at the Kernel plant in Los Alcazares, Murcia, southeast Spain February 13, 2017. REUTERS/Francisco Bonilla A shortage of iceberg lettuce is likely to continue into March, Spanish farmers say, because freak weather condition... More »
FILE PHOTO: Pipelines are seen at the industrial zone at the oil port of Ras Lanuf, Libya January 11, 2017. REUTERS/Esam Omran Al-Fetori/File Photo Swiss-based commodities giant Glencore has extended a deal with Libya’s state oil firm to be the sole marketer o... More »
A virulent bird flu virus has spread to 55 poultry farms in Bulgaria prompting the veterinary authorities to announce a cull of some 430,000 birds since it was first detected in the middle of December, agriculture minister Dessislava Taneva said on Saturday. More »
Issues causing slowness on Bloomberg LP’s terminals that began late Thursday morning had been resolved for all users by mid- afternoon, the company said. More »
Germany reported a first case of the contagious bird flu strain H5N1 on Friday on a small poultry farm in the northeastern state of Brandenburg, the state’s consumer protection ministry said. More »
France confirmed on Friday an outbreak of severe bird flu on a duck farm in the southwest and said the virus was spreading in the region, in a setback for French poultry and foie gras producers recovering from a bird flu epidemic a year ago. More »
India has reported an outbreak of a highly contagious bird flu virus in the southwestern state of Karnataka, the World Organisation for Animal Health (OIE) said on Friday, citing a report from the Indian agriculture ministry. More »
Out of fuel signs are pictured on gas pumps at a Mapco gas station at Spence Lane and Lebanon Pike in Nashville, Tennessee, U.S. September 17, 2016. REUTERS/David Mudd Retail gasoline prices surged due to continuing problems with Colonial Pipeline Co’s gasolin... More »
The Mercedes S500e is presented during the media day at the Frankfurt Motor Show (IAA) in Frankfurt, Germany September 16, 2015. REUTERS/Kai Pfaffenbach/File Photo Daimler should avert possible job losses resulting from the expected substitution of conventiona... More »
U.S. bank Goldman Sachs, one of the most bearish forecasters on oil over the past year, on Monday raised its short-term price outlook as it said the market had flipped into a deficit due to production outages in Nigeria and Canada. Goldman, one of the most act... More »
TOKYO Electronics giant Sony Corp said a factory producing image sensors for smartphone makers will remain closed while it assesses the damage from two deadly earthquakes which hit southern Japan. One of its major customers is Apple, which uses the sensors in ... More »
TransCanada Corp (TRP.TO) on Sunday said it had restarted the 590,000- barrel-per-day Keystone crude pipeline at reduced pressure after it received American authorization to do so. The Canadian energy company said the U.S. Pipeline and Hazardous Materials Safe... More »
DirecTV, the satellite TV provider owned by No. 2 U.S. wireless carrier AT&T Inc (T.N), said all channels have been restored after experiencing loss of audio and video for at least two hours on Tuesday. “All channels have been restored. We apologize for the in... More »
TOKYO Toyota Motor Corp (7203.T) said on Monday it would halt production at all car assembly plants in Japan from Feb. 8 to Feb. 13 due to a steel shortage following an explosion at a steel plant of one of its affiliates. The world’s biggest automaker said on ... More »
SEATTLE The world’s largest-diameter tunneling machine could resume drilling under downtown Seattle in late November after repairs are completed, allowing a central part of a years-delayed highway project to go forward, Washington state officials said on Frida... More »
