North Asia

LME data released on Monday showed that the proportion of aluminium with Russian origin registered in warehouses at the London Metal Exchange increased to 75% from 67%, and the share of Indian origin decreased to 24%. According to traders, the majority of the aluminium in LME registered warehouses at Port Klang in Malaysia is of Indian origin. This is what Western consumers are looking for, as many have refused to purchase metal made in Russia ever since Russia invaded Ukraine three years ago. Stocks of aluminium with Russian origin, or those on warrant At the end February, the total metric...

Shipping and security sources confirmed on Wednesday that three oil tankers were damaged in separate incidents in the Mediterranean in the past month, but the cause of the explosions was unknown. These are the first incidents in which non-military ships have been damaged by blasts around the central Mediterranean for decades. One of the shipping sources reported that an explosion caused a 1-metre-deep crack below the waterline in the hull on the Greek-operated crude-oil tanker Seajewel in a port located in northern Italy, on Saturday. The same vessel was hit by a second explosion 20 minutes later without further damage....

Oil shipping rates extended their rally on expectations of a tightening up in worldwide tanker supply from wider U.S. sanctions on Russia's fleet and traders' need for ships to pack Middle East oil for Asia, market sources stated on Wednesday. On Tuesday, Shell reserved three Very Large Crude Carriers, efficient in carrying up to 2 million barrels of oil, at the rate of Worldscale 70 to load Middle East crude in early February and Chinese refiner Shenghong Petrochemical booked two VLCCs for the exact same loading duration at the same rate, a. shipbroker stated. Worldscale is an industry tool to...

A Russian drone attacked a civilian guest bus in Ukraine's southern city of Kherson on Monday, killing at least someone and hurting 9 more, the Kherson regional guv stated. The bus with shattered windows and pools of blood on its flooring could be seen on a video from the website, shared by the guv together with his statement on Telegram. A 49-year-old male was killed, the regional prosecutor's. office stated. Civilians in Kherson region, which Russian forces partially. inhabit, and its capital constantly come under Russian drone. attacks. Regional authorities report casualties from such strikes. on an almost daily basis....

The following are the top stories in the Financial Times. Reuters has actually not verified these stories and does not guarantee their accuracy. Headings - 'Social worth' might be offered more weight in deciding UK state contracts - EU prepares hot weather 'tension test' on railways and power grids - Russian smugglers import luxury cars from Europe in spite of sanctions Introduction - The British government is thinking about shocking public procurement guidelines to offer higher weight to social worth when selecting personal contractors under strategies that would enable more social enterprises to bid for state work. - Trains and...

Russian Railways, an essential cog in Russia's commercial machine, might substantially cut its spending next year by around 40% compared to 2024, the Interfax news firm quoted the business's finance chief Tatiana Orlova as saying on Thursday. Russian Railways is among numerous companies battling with Russia's high rate of interest burden. The business expects its interest payment costs to hit $7 billion next year, recommending a. increase of around $4 billion, a business file seen . showed last month. Orlova said the company's minimized spending would have an. impact on the business and the whole chain of providers it works....

Poland prepares to construct a new grain terminal at the Port of Gdansk by 2026, which will enable the nation to respond to crisis situations, Prime Minister Donald Tusk said on Monday. Farmers have repeatedly obstructed Poland's eastern border over the past year in demonstration against food imports such as grain from the east, consisting of from Ukraine. Tusk informed reporters in the Baltic Sea port of Gdansk, in the north of Poland, that the new terminal there will be at the disposal of the Polish state. It will not just perform commercial functions, however will be a security gadget...

Ingka Group, which runs most IKEA stores internationally, has actually offered its final asset in Russia, a. warehouse near Moscow, to Russian business person Robert Uzilov, the. RBC company daily reported on Friday, citing 3 unnamed. sources. Ingka sold its 14 MEGA-branded mall in Russia to. Gazprombank Group in September 2023, joining ratings of Western. companies abandoning the Russian market after Moscow sent its. army into Ukraine in February 2022. RBC, which cited two unnamed sources in Russia's commercial. realty market and a unnamed agent of Uzilov, did. not report the rate. Reuters could not separately confirm the. report. Ingka...

Authorities in the Russiancontrolled eastern Ukrainian town of Horlivka have set up jamming gadgets on some of the local buses to protect them from drone strikes, officials told Reuters. At least one bus driving around the town, situated near the Russian-held city of Donetsk, was attacked by a Ukrainian drone this month, Russian-installed authorities say, and 3 individuals were injured in the occurrence. Jammers work by disrupting a drone's interactions with its operator, making it less harmful, although crashing drones have also caused damage in a variety of incidents in the Russia-Ukraine war. We can not safeguard bus drivers and...

Russia has actually imposed a. momentary ban on Kazakh grain imports for its own market, however. has approved Kazakhstan permission to transit grain by means of Russian. territory for export to other countries beginning with Thursday,. its agricultural watchdog said. Transit of grain will be possible if Kazakhstan offers. phytosanitary certificates for the final location country. and guarantees the direct trans-shipment of the grain from train. cars straight onto export vessels. The Russian guard dog, Rosselkhoznadzor, had formerly said. that from Sept. 23, its systems would immediately obstruct the. issuance of phytosanitary certificates for grain, grain. products, sunflower seeds, tomatoes,...

Ukrainian Farm Business Association UCAB warned that plans by Ukraine's State Railways Ukrzaliznytsia, to increase freight rates will hurt struggling farmers. This could lead to a drop in production and exports. Ukrzaliznytsia, according to the association, plans to increase the tariff on empty wagons transported by farmers by 67%. The UCAB released a statement on Monday evening that said: "This could lead to a rise in the price of grain transport by 50-60 hryvnias per ton, and an increase in the farmers' expenses in the war period by approximately 2 billion UAH ($50 million per season)." Ukrzaliznytsia said that it...

The share of available aluminium stocks of Russian origin in storage facilities authorized by the London Metal Exchange (LME) increased to 67% in August from 65% in July, LME information showed on Tuesday. The share of aluminium of Indian origin slipped to 31% from 33%, the information revealed. On-warrant aluminium stocks in LME-registered storage facilities of all origins fell by 4% in August, a third month of decline after a surge in May. The May jump in stocks followed a decision by the LME to ban all Russian aluminium, copper and nickel produced from April 13 from its system to...

LME data on Monday showed that the number of Russian-made aluminium in London Metal Exchange storage warehouses was up in January compared to December. The amount of Indian metal, however, fell. According to traders, the majority of the aluminium in LME registered warehouses at Port Klang in Malaysia is of Indian origin. This is what Western consumers are looking for, as many have refused to purchase metal made in Russia after it invaded Ukraine almost three years ago. Stocks of aluminium with Russian origin, or those on warrant At the end January, the total reached 164 475 metric tonnes, or...

Senalia, which runs the largest terminal at France's most significant grain port Rouen, forecast on Friday its export volumes would drop by majority this season after a poor French harvest. Cooperative-owned Senalia said that for the 2024/25 July-June season, it expects to manage 1.6 million metric lots of cereal deliveries, down from 3.85 million in 2023/24. France harvested its smallest wheat crop considering that the 1980s last year after repeated heavy rains, with barley production also falling greatly. The European Union's greatest grain manufacturer has actually likewise dealt with hard competition from cheaper Black Sea suppliers like Russia and Romania,...

The share of available aluminium stocks of Russian origin in storage facilities authorized by the London Metal Exchange (LME) increased to 67% in November from 65% in October, while the share of Indian origin edged up to 32% from 30%, LME information showed on Tuesday. On-warrant aluminium stocks in LME-registered warehouses of all origins fell by 6% in November to 380,400 metric tons. The stocks jumped in May following a decision by the LME to restriction all Russian aluminium, copper and nickel produced from April 13 from its system to comply with U.S. and British sanctions imposed over Russia's 2022...

Norway's $1.8 trillion sovereign wealth fund, the world's largest, can begin selling stocks it holds in Russian companies, as long as it complies with worldwide sanctions, the deputy finance minister told Reuters on Friday. Permission to offer the fund's Russian stocks is given on the condition that the sale can be carried out in line with suitable sanctions, Ellen Reitan said in an email. The Norwegian finance ministry bought a halt to all deals in the fund's Russian properties soon after Moscow's. invasion of Ukraine in February 2022 and stated at the time that. the ultimate goal was to divest...

LME data on Thursday showed that the share of aluminium stock of Russian origin available in warehouses approved and approved by London Metal Exchange (LME), fell to 66% from 67%, slightly. Data showed that the share of aluminum of Indian origin increased from 31% to 32%. All origins: Stocks of aluminium on-warrant in LME registered warehouses In September, prices rose 13% after three consecutive months of decline. The LME decided to ban all Russian aluminum, copper and Nickel produced after April 13 to comply with U.S. & British sanctions over Russia's invasion of Ukraine in 2022. The data revealed that...

The following are the top stories on the New York Times organization pages. Reuters has not confirmed these stories and does not attest their accuracy. - The U.S. Department of Justice has actually begun a broad crook investigation into Americans who have worked with Russia's state television networks, indicating an aggressive effort to combat the Kremlin's influence operations leading up to the governmental election in November. - Nearly all rail freight traffic in Canada concerned a. standstill Thursday following a lockout by the nation's two. primary rail business of 10,000 employees, Canadian National. Train and Canadian Pacific Kansas city, the....

The share of available aluminium stocks of Russian origin in warehouses authorized by the London Metal Exchange increased to 65% in July from 50% in June while the share for Indian origin was up to 33% from 40%, LME information revealed on Monday. On-warrant aluminium stocks in LME-registered storage facilities of all origins fell by 23% in July, with Monday's. information showing that most of that outflow was Indian metal. Russian aluminium stocks on LME warrant - a title document. conferring ownership - edged as much as 233,775 metric lots last. month from 232,350 in June, the information showed. Stocks...