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Oil settles up 7% as Israel, Iran trade air strikes
Oil gains of up to 14% were largest intraday move since 2022Iran's nuclear facility in Natanz damaged in Israeli attackNo impact to oil flows in the region so far -analystsIsraeli attacks kill key Iranian military commandersTrump urges Iran to make a deal over its nuclear programmeBy Erwin Seba ...
23 hours ago
CORRECTED-ANALYSIS-After years of waiting, Israel's Netanyahu finally makes his move on Iran
Netanyahu threatened Iran for years, many saw it as a bluffIsraeli leader sees Iran as existential threat to IsraelRecent Middle East tumult provided a rare chance to strikeNetanyahu hopes success will secure his legacyBy Crispian Balmer JERUSALEM, June 13 (Reuters) - Iran once ridiculed Israeli ...
Fri, Jun 13
European shares tumble as Israel-Iran conflict escalates
Airline stocks fall on higher energy prices, disrupted routesEnergy shares gain on higher oil prices STOXX down 0.9%, posts weekly decline By Purvi Agarwal and Ragini Mathur June 13 (Reuters) - European shares closed lower on Friday as Israel's wide-scale strike against Iran triggered a broad...
Fri, Jun 13
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Deutsche Telekom, Nvidia join forces on manufacturers' AI cloud in Germany
By Andreas Rinke and Hakan Ersen BERLIN, June 13 (Reuters) - Deutsche Telekom DTEGn.DE will join forces with Nvidia NVDA.O to establish an artificial intelligence cloud for European manufacturers in Germany, the companies said on Friday.Nvidia will supply 10,000 chips, or graphics processing unit...
Fri, Jun 13
QUOTES-World reacts to Israeli attack on Iran over nuclear activity
June 13 (Reuters) - Israel launched widescale strikes on Iran on Friday.Following is global reaction:BENJAMIN NETANYAHU, ISRAELI PRIME MINISTER:"We are at a decisive moment in Israel's history."Moments ago, Israel launched Operation Rising Lion, a targeted military operation to roll back...
Fri, Jun 13
Trump urges Iran to make a deal
June 13 (Reuters) - U.S. President Donald Trump on Friday urged Iran to make a deal over its nuclear programme, saying that there was still time for the country to prevent further conflict with Israel.
Fri, Jun 13
China May bank loans rise less than expected as trade jitters weigh
May new loans 620 bln yuan vs forecast 850 bln yuanYear-on-year lending growth hits fresh record lowMay M2 money supply +7.9% y/y, vs forecast of +8.1%Trade deal, monetary measures help sentiment somewhatBy Kevin Yao, Shi Bu and Liz Lee BEIJING, June 13 (Reuters) - New bank lending in China rose ...
Fri, Jun 13
Fed expected to keep rates steady as tariff risks outweigh inflation data
WASHINGTON, June 13 (Reuters) - The Federal Reserve is widely expected to hold interest rates steady next week, with investors focused on new central bank projections that will show how much weight policymakers are putting on recent soft data and how much risk they attach to unresolved trade and bud
Fri, Jun 13
Shippers rise amid Iran conflict, Suez Canal risks and China-US recovery
Shares in shipping groups rise in early trade as analysts flag upside risks to freight rates from Red Sea disruptions, Iran tensions and likely prolonged shift away from Suez Canal
Fri, Jun 13
Japan issues rare warnings on bond market in policy roadmap
TOKYO, June 13 (Reuters) - Japan's government issued rare warnings on rising government bond yields and the changing structure of debt ownership in its economic policy roadmap as the central bank gradually trims its presence in the market.
Fri, Jun 13
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