05:49 AM EDT, 10/16/2025 (MT Newswires) -- Oil prices climbed nearly 0.63% Thursday after multiple media reports said US President Donald Trump announced that Indian Prime Minister Narendra Modi had committed to halting oil imports from Russia. Brent crude futures rose 0.40% to $62.16 per barrel on the ICE exchange, up 38 cents from the previous close, according to data...

05:45 AM EDT, 10/16/2025 (MT Newswires) -- American Battery Technology ( ABAT ) shares were down 24% in recent premarket activity Thursday after the company said Wednesday that the US Department of Energy terminated a grant related to a $115.5 million lithium hydroxide project. Under the grant, the company and the DOE's cost share was $57.7 million each, according to...

06:10 AM EDT, 10/16/2025 (MT Newswires) -- US President Donald Trump hosted a dinner at the White House on Wednesday evening for corporate executives and wealthy individuals who have pledged contributions to the White House's new $250 million ballroom under construction. Companies represented at the East Room event included Microsoft ( MSFT ) , Alphabet's Google ( GOOG ) ,...

* Trump says Modi has assured him that India will stop its buying * Russia remains India's top source of oil imports (Recasts with detail on refiners, context) By Nidhi Verma NEW DELHI, Oct 16 (Reuters) - Some Indian refiners are preparing to cut Russian oil imports, three sources told Reuters on Thursday, after U.S. President Donald Trump said India...