EnCap Investments seeks sale of Utah oil producer XCL Resources, sources say
By Shariq Khan and David French (Reuters) – EnCap Investments is seeking to sell XCL Resources, four people familiar with the matter said, two years after the private equity firm’s plan to…
Traders boost bets on Fed rate cuts after producer prices slide
(Reuters) – Traders on Friday priced in a bigger chance that the Federal Reserve will deliver more monetary policy easing this year after a U.S. government report pointed to less inflation in…
EU adds Russia’s biggest diamond producer Alrosa to sanctions list
BRUSSELS (Reuters) – The European Union has added Russia’s Alrosa, the world’s biggest diamond producer, as well as its CEO Pavel Alekseevich Marinychev to its sanctions list, it said on Wednesday. “In…
‘American Idol’ star Paula Abdul sues producer Nigel Lythgoe for sexual assault
(Reuters) – U.S. singer, dancer and “American Idol” star Paula Abdul filed a lawsuit accusing British television executive Nigel Lythgoe of sexually assaulting her when they worked together on two popular talent…
Egg producer Cal-Maine to buy Tyson’s chicken plant in Missouri
(Reuters) – Egg producer Cal-Maine Foods said on Friday it had agreed to acquire a recently shut chicken broiler processing plant, hatchery and feed mill in Dexter, Missouri from Tyson Foods. Tyson,…
TV producer Marty Krofft, creator of HR Pufnstuf, dies at 86
(Reuters) – Marty Krofft, who created popular children’s television shows such as HR Pufnstuf and The Bugaloos, has died of kidney failure at the age of 86, his publicist Harlan Boll said…
German producer prices fall 11.0% y/y in October
BERLIN (Reuters) – German producer prices fell in line with expectations in October, the federal statistics office said on Monday, continuing a downward trend after a record fall in September. Compared with…
US producer prices unexpectedly fall in October
WASHINGTON (Reuters) – U.S. producer prices fell by the most in three-and-a-half years in October amid a sharp drop in the cost of gasoline, the latest indication of subsiding inflation pressures. The…
Chinese-owned pork producer Smithfield prepares for US listing – WSJ
(Reuters) -Smithfield Foods’ Chinese owner WH Group is working with banks to take the U.S.-based pork producer public again in the United States, the Wall Street Journal reported on Wednesday, citing people…
Euro zone Aug producer prices edge up month-on-month as expected, plunge year-on-year
BRUSSELS (Reuters) – Euro zone producer prices edged higher as expected month-on-month in August and plunged year-on-year on a sharp drop in energy prices, data showed on Wednesday. The European Union’s statistics…
South Africa producer inflation quickens to 4.3% y/y in August
JOHANNESBURG (Reuters) – South Africa’s producer inflation quickened to 4.3% year on year in August from 2.7% in July, statistics agency data showed on Thursday. On a month-on-month basis, the producer price…
German producer prices post biggest decline on record
BERLIN (Reuters) -German producer prices posted their biggest year-on-year decline in August since data collection began in 1949, spurring hopes for further easing of inflation in Europe’s largest economy. Producer prices decreased…
US producer prices accelerate in August on gasoline
WASHINGTON (Reuters) – U.S. producer prices increased by the most in more than a year in August as the cost of gasoline surged, the latest indication that the road to low inflation…
South Africa producer inflation slows to 2.7% y/y in July
JOHANNESBURG (Reuters) – South Africa’s producer inflation slowed to 2.7% year on year in July from 4.8% in June, statistics agency data showed on Thursday. On a month-on-month basis, the producer price…
Spain’s producer prices fall 8.1% year-on-year in June
MADRID (Reuters) – Spanish producer prices fell 8.1% in the 12 months through June, compared with a revised 6.8% decline in the period through May, the National Statistics Institute (INE) said on…
South Korea producer prices fall for first time in 31 months
SEOUL (Reuters) – South Korea’s producer prices fell in June on an annual basis for the first time in 31 months, central bank data showed on Friday, dragged down by petroleum and…
Pot producer Green Thumb reports employee death at Rock Island facility
(Reuters) – U.S. cannabis producer Green Thumb Industries Inc said on Tuesday an employee had died of natural causes at its Rock Island, Illinois facility last Friday. The Teamsters Union earlier on…
US producer prices barely rise in June; core PPI subsides
WASHINGTON (Reuters) – U.S. producer prices barely rose in June and the annual increase in producer inflation was the smallest in nearly three years, more evidence that the economy had entered a…
Israeli lead producer to use ACE Green emissions-free recycling
(This June 21 story has been refiled to remove the picture) LONDON (Reuters) – U.S.-based ACE Green Recycling, which has developed a lead battery recycling process with no greenhouse gas emissions, said…
Kesha settles producer Dr. Luke’s defamation lawsuit over rape accusation
By Brendan Pierson (Reuters) – Pop star Kesha on Thursday settled a lawsuit brought by her former producer Dr. Luke, who claimed that she defamed him by accusing him of raping her.…
South Korea producer inflation slowest in almost 2-1/2 years
SEOUL (Reuters) – South Korea’s producer inflation slowed in May to its weakest pace in nearly 2-1/2 years, central bank data showed on Wednesday, due mostly to weaker oil prices. The producer…
Canadian oil producer Suncor Energy to cut 1,500 jobs under new CEO
(Reuters) – Canada’s second-biggest oil producer Suncor Energy has told employees it plans to cut 1,500 jobs this year, two sources confirmed to Reuters on Friday, in one of the first big…
South Korea producer inflation slows to 27-month low in April
SEOUL (Reuters) – South Korea’s producer prices rose in April at the slowest pace in 27 months, as agricultural and utility prices fell, central bank data showed on Thursday. The Producer Price…
Russia’s monthly producer price index up for third month in April
(Reuters) – Costs in Russia’s manufacturing sector rose for a third month in April, data from the state statistics service Rosstat showed on Wednesday, driven by a rise in the cost of…
German producer prices post smallest increase in two years
BERLIN (Reuters) – German producer prices posted their slowest annual increase in two years in April, according to data released on Friday, in a tentative sign that inflation may ease further in…
US producer prices increase moderately in April
WASHINGTON (Reuters) – U.S. producer prices rebounded modestly in April, leading to the smallest annual increase in producer inflation in more than two years, further evidence that inflation pressures were subsiding. The…
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