By Divya Rajagopal, Portia Crowe and Giulia Paravicini (Reuters) -Canadian miner Barrick Gold has signed a new agreement with the Malian government to end an almost two-year-old dispute over its mining assets in the West African country, two people familiar with the developments told Reuters on Wednesday. Barrick has signed the agreement and it is […]
China ETFs draw bullish options bets on AI play and eased tariff fears
By Saqib Iqbal Ahmed NEW YORK (Reuters) – U.S.-listed exchange-traded funds focused on China have drawn bullish options flows as the emergence of artificial intelligence startup DeepSeek brightens the outlook for Chinese tech shares, and tariff-related news seemed less threatening than before. Traders have been loading up in recent weeks on bullish options on the […]
Amazon to stop support for communications service Chime next year
(Reuters) – Amazon said it would stop support for its unified communications service, Chime, next year and will not accept new customers beginning Wednesday. Amazon employees have long used Chime, which lets users meet, chat and place business calls inside and outside the organization, as a preferred service for video calls. “After careful consideration, we […]
FAA says Musk DOGE team will help engineer solutions on airspace reforms
By David Shepardson WASHINGTON (Reuters) -Personnel from Elon Musk’s government downsizing team DOGE will make additional visits to Federal Aviation Administration facilities as they assist in efforts to modernize U.S. national airspace, the acting head of the agency said on Wednesday. Acting FAA Administrator Chris Rocheleau said the DOGE team — which visited the Air […]
Exxon’s fourth floating oil production facility for Guyana departs from Singapore
By Marianna Parraga, Kemol King GEORGETOWN (Reuters) -The fourth floating production facility to be operated by a consortium led by Exxon Mobil in Guyana has departed from Singapore on its route to the South American country’s waters, according to a company executive and LSEG vessel tracking data seen on Tuesday. Once the floating production storage […]
BlackRock pauses corporate meetings in wake of new ESG rules
(Reuters) – BlackRock has temporarily paused meetings with some portfolio companies while studying the impact of new reporting rules from the U.S. Securities and Exchange Commission, according to people familiar with the matter. The top U.S. asset manager is among those affected by a recent SEC interpretation requiring fund firms to file more extensive ownership […]
Analysis-Trump’s SEC leader shifts power from investors to boardrooms
By Ross Kerber (Reuters) – New policies from the top U.S. securities regulator hand corporate boards more power over investors in ways that could curtail investor-initiated reform efforts on everything from climate policy to director contests, experts say. Since last month when U.S. President Donald Trump named Mark Uyeda acting chair of the Securities and […]
US crude, gasoline stockpiles likely rose last week, distillate draw seen: Reuters poll
(Reuters) – U.S. crude oil and gasoline stockpiles were expected to have risen last week, while distillate inventories likely fell, a preliminary Reuters poll showed on Tuesday. Three analysts polled by Reuters, ahead of weekly inventory data, estimated on average that crude inventories rose by about 2.2 million barrels in the week to February 14. […]
OPEC+ is not considering delay to April oil supply hike, Novak says
MOSCOW (Reuters) – OPEC+ producers are not considering delaying a series of monthly oil supply increases that is scheduled to begin in April, Russian Deputy Prime Minister Alexander Novak said on Monday, Russia’s RIA state news agency reported. Bloomberg News reported on Monday, citing delegates, that OPEC+, which groups the Organization of the Petroleum Exporting […]
China’s Xi holds rare meet with business leaders amid US tech rivalry
BEIJING (Reuters) – President Xi Jinping held a rare meeting on Monday with some of the biggest names in China’s technology sector, such as Alibaba founder Jack Ma, urging them to “show their talent” and be confident in the power of China’s model and market. The tightly choreographed pro-business rally, a turnaround in Beijing’s approach […]