By Lisa Baertlein
ATLANTA (Reuters) - CSX this week will return to normal coal export operations at the Port of Baltimore after work crews cleared part of the deep channel serving the second busiest U.S. trade hub for outgoing coal shipments, the railroad's CEO said on Wednesday.
CSX is scheduled to receive and load the first large ship at its Curtis Bay coal terminal on Saturday, Joe Hinrichs, CSX's CEO said at the Reuters Supply Chain... (continue reading...)
By Foo Yun Chee
BRUSSELS (Reuters) - EU antitrust regulators are seeking feedback on whether the European Energy Exchange (EEX) might expand its market power by bundling products when it buys Nasdaq's European power trading and clearing business, a person with direct knowledge of the matter said on Wednesday.
The European Commission, which is examining the deal, sent a questionnaire to the companies' rivals and customers this month,... (continue reading...)
By Pesha Magid
RIYADH (Reuters) - Saudi Arabia has begun courting Archer Aviation, following the electric air taxi company's announcement of a partnership with economic and regional rival, the United Arab Emirates.
The competition between the countries to become the top hub in the region is leading to big spending, benefiting new companies like Archers. Last month, Archer signed a pact with the Abu Dhabi Investment Office for... (continue reading...)
By Will Dunham
WASHINGTON (Reuters) - The sun's magnetic field, which causes solar storms like the one that hit Earth this month and produced beautiful auroras, may originate at shallower depths in the star's interior than previously thought, according to researchers.
The sun's outer 30% is comprised of an "ocean" of churning gases plunging more than 130,000 miles (210,000 km) below the solar surface. The research, comparing new... (continue reading...)
BERLIN (Reuters) - Germany is open to using frozen Russian assets to help Ukraine's war effort, sources at the Finance Ministry said on Wednesday.
U.S. Treasury Secretary Janet Yellen will push finance ministers from the Group of Seven major democracies meeting in Italy next week to agree to a plan to bring forward the interest earnings on frozen Russian assets to provide money to Ukraine quickly, a senior U.S. Treasury official said on Friday.
... (continue reading...)More Reuters
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