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Brazil's soybean crop seen up 12.8% in 2024/25, Conab says

UPDATE 1-Brazil's soybean crop seen up 12.8% in 2024/25, Conab says Adds context, quotes, planted area and corn crop forecasts from paragraph 2 SAO PAULO, Sept 17 (Reuters) - Brazil's soybean crop is expected to reach 166.28 million metric tons in 2024/25, up 12.82% from the previous season, national crop agency Conab said on Tuesday in a preliminary forecast for the new cycle.

Cyprus backs multi-billion electric cable link from Europe to Mideast

UPDATE 1-Cyprus backs multi-billion electric cable link from Europe to Mideast Releads, updates with Cyprus backing project, paragraph 3, context paragraphs 7-10 NICOSIA, Sept 17 (Reuters) - Cyprus will support a multi-billion euro electric transmission cable linking the power grids of Europe to the Middle East, a source close to the matter said on Tuesday.

Coffee steadies after hitting multi-year highs, cocoa slides

SOFTS-Coffee steadies after hitting multi-year highs, cocoa slides LONDON, Sept 17 (Reuters) - Coffee futures steadied on Tuesday as the market consolidated after scaling fresh multi-year peaks in the prior session, while cocoa futures slid. COFFEE * December arabica coffee KCc2 rose 0.1% to $2.5885 per lb at 1242 GMT, after touching its highest since 2011 at $2.7180 on Monday.
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Algeria aims to be self-sufficient in hard wheat by end-2025, president says

Algeria aims to be self-sufficient in hard wheat by end-2025, president says DUBAI, Sept 17 (Reuters) - Algeria plans to become self-sufficient in the production of hard wheat by the end of 2025, President Abdelmadjid Tebboune said on Tuesday. He added that the country planned not to export any barley in 2026. Reporting by Nayera Abdalla; Editing b

Ecuador orders series of power cuts due to severe drought

UPDATE 2-Ecuador orders series of power cuts due to severe drought Adds new context in paragraphs 6-8 QUITO, Sept 17 (Reuters) - Ecuador's government will implement a series of eight-hour nightly power cuts across the Andean country next week, it said late on Monday, citing a severe drought which has caused water levels to plunge, affecting hydroelectric plants.

Oba Makarnacilik To Halt Production In Sakarya Hendek Factory For 3 to 6 Months After Deadly Blast

BRIEF-Oba Makarnacilik To Halt Production In Sakarya Hendek Factory For 3 to 6 Months After Deadly Blast Sept 17 (Reuters) - OBA MAKARNACILIK SANAYI VE TICARET OBAMS.IS : SAYS IT HALTS PRODUCTION AT SAKARYA HENDEK FACTORY AFTER DEADLY BLAST SAYS SUSPENSION OF ACTIVITIES IN SAKARYA HENDEK FACTORY TO AFFECT 35% OF ITS PRODUCTION IT EXPECTS TO START P

Truckmakers say they are ready to go electric, but what about charging?

Truckmakers say they are ready to go electric, but what about charging? By Ilona Wissenbach and Andrey Sychev HANOVER, Germany, Sept 17 (Reuters) - Major manufacturers, such as Daimler Truck DTGGe.DE and Traton 8TRA.DE , displaying their trucks at a transportation fair in Hanover this week say they are ready to go electric, but their e-trucks will not sell without massive investments in charging infrastructure.
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France's EDF investigates second automatic shutdown at Flamanville 3 reactor

France's EDF investigates second automatic shutdown at Flamanville 3 reactor By Alban Kacher and Benjamin Mallet Sept 17 (Reuters) - French state-owned energy group EDF said on Tuesday its teams were shutting down the new Flamanville 3 nuclear reactor to carry out technical checks after the plant triggered an automatic halt for the second time this month.

Baltic index extends gain on panamax strength

Baltic index extends gain on panamax strength Sept 17 (Reuters) - The Baltic Exchange's main sea freight index .BADI , which tracks rates for ships carrying dry bulk commodities, rose for a second straight session on Tuesday as gains in the panamax segment offset losses in capesize vessels. * The overall index .BADI , which factors in rates for capesize, panamax and supramax shipping vessels, gained 5 points, or 0.3%, to 1,901. * The panamax index .BPNI gained 24 points, or about 1.7%, to reach

Nucor forecasts third-quarter profit below estimates as steel prices stay low

Nucor forecasts third-quarter profit below estimates as steel prices stay low Sept 17 (Reuters) - Nucor NUE.N forecast third-quarter profit below Wall Street estimates on Tuesday, as its steel mills segment wrestles with lower average selling prices. The North Carolina-based steelmaker said it expected third-quarter adjusted profit to range between $1.30 and $1.40 per share, compared with analysts' average estimate of $1.81, according to LSEG data.
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Ecuador gov't orders series of power cuts amid severe drought

Ecuador gov't orders series of power cuts amid severe drought QUITO, Sept 17 (Reuters) - Ecuador's government will implement a series of eight-hour nightly power cuts across the Andean country next week, it said late on Monday, citing a severe drought which has caused water levels to plunge, affecting hydroelectric plants. Ecuador is in the grip of a power crisis, which the government attributes to a lack of maintenance of existing dams and contracts to secure new power generation, as well as th

EVs could reach 24% EU car market share by 2025, T&E says

EVs could reach 24% EU car market share by 2025, T&E says By Anna Peverieri and Alessandro Parodi Sept 17 (Reuters) - Battery-electric cars (BEVs) sold in the European Union are set to reach a total market share of between 20% and 24% by 2025, mostly because of cheaper selling prices, campaign group Transport & Environment (T&E) said on Tuesday. EV sales in the EU have slowed in recent months - to a 14% market share in the first half of the year - in part due to diverging policies on green incen
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Canada's inflation cools to 2% in Aug, reaches central bank's target

UPDATE 2-Canada's inflation cools to 2% in Aug, reaches central bank's target Core price measures eases to a 40-month low in Aug Consumer prices deflate in Aug on a monthly basis Rents rise by 8.9% in Aug from 8.5% in July Adds Canadian dollar weakening paragraph 4, market expectations of a jumbo rate cut edge up paragraph 8 By Promit Mukherjee OTTAWA, Sept 17 (Reuters) - Canada's annual inflation rate reached the central bank's target in August at it cooled to 2%, its lowest level since Februar
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Brazil's soybean crop seen up 12.8% in 2024/25, Conab says

Brazil's soybean crop seen up 12.8% in 2024/25, Conab says SAO PAULO, Sept 17 (Reuters) - Brazil's soybean crop is expected to reach 166.28 million metric tons in 2024/25, up 12.82% from the previous season, national statistics agency Conab said on Tuesday in a preliminary forecast for the new cycle. The South American country is the world's largest soybean producer and exporter.

India's Tata Power to invest up to $9 bln to quadruple renewable energy capacity

UPDATE 1-India's Tata Power to invest up to $9 bln to quadruple renewable energy capacity Adds details, background By Sethuraman N R GUJARAT, India, Sept 17 (Reuters) - India's Tata Power TTPW.NS plans to invest up to $9 billion to more than quadruple its renewable energy capacity to more than 20 gigawatts (GW) over the next five to six years, CEO Praveer Sinha said on Tuesday.

Danube river closed to shipping in Austria amid flooding, agency reports

Danube river closed to shipping in Austria amid flooding, agency reports BERLIN, Sept 17 (Reuters) - The Danube river was closed to all shipping traffic in Austria on Tuesday due to high flood waters, the APA news agency reported citing the Austrian transport ministry. Writing by Rachel More, Editing by Friederike Heine

Wheat steadies after falling by nearly 3% as Black Sea supply fears ease

GRAINS-Wheat steadies after falling by nearly 3% as Black Sea supply fears ease Updates prices, adds details in paragraph 8 CANBERRA/PARIS, Sept 17 (Reuters) - Chicago wheat futures regained some ground on Tuesday after an easing of fears over supply from the Black Sea region triggered profit-taking in the previous session and pulled prices down from near three-month highs.

US ships record volumes of thermal coal to Africa: Maguire

RPT-COLUMN-US ships record volumes of thermal coal to Africa: Maguire The opinions expressed here are those of the author, a columnist for Reuters. Africa & Asia are the only growth markets for coal imports U.S. has 64% share of Africa coal imports in 2024 Morocco, Egypt top African importers of thermal coal By Gavin Maguire LITTLETON, Colorado, Sept 17 (Reuters) - The United States shipped a record 6.1 million metric tons of thermal coal - used mainly for power generation and in industrial boil

Sustainable Switch: Deadly storms and heavy rains from China to Poland

Sustainable Switch: Deadly storms and heavy rains from China to Poland By Sharon Kimathi Energy and ESG Editor, Reuters Digital sharon.kimathi@thomsonreuters.com Hello, Deadly typhoons and floods wreaked havoc on countries worldwide from China, Vietnam and Nigeria to the Czech Republic, Romania and Poland. Shanghai was brought to a standstill this week as residents sheltered at home to wait out the worst of Typhoon Bebinca , the strongest storm to strike Shanghai since Typhoon Gloria in 1949. R

China's weak steel, strong iron ore imports shaped by prices: Russell

COLUMN-China's weak steel, strong iron ore imports shaped by prices: Russell The opinions expressed here are those of the author, a columnist for Reuters. By Clyde Russell LAUNCESTON, Australia, Sept 17 (Reuters) - China's steel and iron ore sectors are in an apparent state of disconnect, with steel output trending weaker but imports of the key raw material remaining firm.



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