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PRESS DIGEST-Canada - June 5
June 5 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL** Algoma Steel Group's ASTL.TO chief executive Michael Garcia is calling on Ottawa to immediately bring in tarif...Reuters
Thu, Jun 5
CBOT Trends-Wheat up 2-4 cents, corn up 1-3 cents, soy down 2-4 cents
CHICAGO, June 5 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Thursday: WHEAT - Up 2 to 4 cents per bushelCBOT wheat rose amid concerns over escalating attacks between grain exporte...Reuters
Thu, Jun 5
Gold extends gains ahead of ECB rate decision, US Jobless Claims, and trade talks
Gold (XAU/USD) extends its upward move during the European session on Thursday, with markets focusing on the European Central Bank (ECB) decision, US employment data, and developments surrounding trade talks ahead of US President Donald Trump’s meeting with German Chancellor Friedrich Mertz.
Fxstreet
Thu, Jun 5
Spain pays first arbitration award in long-running renewable subsidies dispute
MADRID, June 5 (Reuters) - The Spanish government has agreed to pay 32 million euros ($37 million) to a U.S. fund to end a legal dispute tied to renewable energy subsidies that were cut over a decade ago, an Energy Ministry spokesperson said on Thursday.Foreign investors, mostly investment funds, to...Reuters
Thu, Jun 5
Red Sea marine traffic up 60% after Houthis narrowed targets, EU commander says
Shipping through Bab al-Mandab strait fell due to Houthi attacks Houthis say they have narrowed targets to Israeli-linked shipsCommander says 'huge possibility' other ships won't be hitAspides commander says he's asked to boost mission's capacityBy Charlie Devereux MADRID, Jun...Reuters
Thu, Jun 5
Ukraine's export losses set to reach $800 mln in June-December
KYIV, June 5 (Reuters) - Ukraine's export losses are set to reach $800 million for the period June to December this year following the expected end of free access to the European Union market, a central bank deputy governor said on Thursday.Preferential trade with the EU, a major trading partner...Reuters
Thu, Jun 5
Canada Infrastructure Bank Co & Elemental Energy Reached Financial Close On $97 Million Loan To Support New Wind Energy Project, Wedgeport Wind
CANADA INFRASTRUCTURE BANK: CO & ELEMENTAL ENERGY REACHED FINANCIAL CLOSE ON $97 MILLION LOAN TO SUPPORT NEW WIND ENERGY PROJECT, WEDGEPORT WINDCANADA INFRASTRUCTURE BANK: 85 JOBS CREATED DURING CONSTRUCTION AND FULL-TIME JOBS TO SUPPORT OPERATIONSCANADA INFRASTRUCTURE BANK: WEDGEPORT WIND CONST...Reuters
Thu, Jun 5
RPT-COLUMN-Trump’s China ethane export curbs are another exercise in self-harm: Bousso
Trump administration seeks licence for ethane exports to ChinaChina accounts for 46% of US ethane exportsEthane is used to produce plasticsBy Ron Bousso LONDON, June 5 - The Trump administration's latest efforts to curb U.S. petrochemical exports to China could end up hurting the U.S. energy ...Reuters
Thu, Jun 5
GRAINS-Wheat rises for 2nd session on Black Sea, China supply woes
Intensifying Russia-Ukraine conflict raises grain supply fearsFavourable US Midwest crop weather to cap corn, soybean pricesBy Naveen Thukral and Sybille de La Hamaide SINGAPORE/PARIS, June 5 (Reuters) - Chicago wheat futures rose on Thursday, supported by the escalating conflict between major gr...Reuters
Thu, Jun 5
English court bars jailed Russian tycoon from appealing in Transneft case
MOSCOW, June 5 (Reuters) - The English Court of Appeal has refused jailed Russian tycoon Ziyavudin Magomedov permission to appeal against a decision that threw out his $14 billion lawsuit against Russian oil pipeline monopoly Transneft and other firms, the company said.Magomedov sued the company and...Reuters
Thu, Jun 5
Putin is ready to help Trump on Iran nuclear negotiations, the Kremlin says
MOSCOW, June 5 (Reuters) - President Vladimir Putin told U.S. President Donald Trump that he was ready to use Russia's close partnership with Iran to help with negotiations over Iran's nuclear programme, the Kremlin said on Thursday.Trump said after a phone call with Putin on Wednesday that ...Reuters
Thu, Jun 5
Malaysia's Petronas to cut 10% of workforce, not exiting Canada, CEO says
By Ashley Tang KUALA LUMPUR, June 5 (Reuters) - Malaysian state energy firm Petroliam Nasional, or Petronas, will retrench about 10% of its workforce in a restructuring exercise, its chief executive said on Thursday. Tengku Muhammad Taufik also denied at a media briefing that the state firm was e...Reuters
Thu, Jun 5
Putin is ready to help Trump on Iran, the Kremlin says
MOSCOW, June 5 (Reuters) - President Vladimir Putin told U.S. President Donald Trump that he was prepared use the partnership between Russia and Iran to contribute to a settlement of the negotiations over Iran's nuclear programme, the Kremlin said on Thursday.Reuters
Thu, Jun 5
About 2,000 gallons of diesel spills in Baltimore waterfront, US officials say
June 5 (Reuters) - A 2,000-gallon diesel spill that originated at a hospital facility in Baltimore, Maryland, on Wednesday tainted a waterfront in a popular tourist spot in the city, but there was no impact on drinking water in the area, officials said on Thursday.The spill originated from a Johns H...Reuters
Thu, Jun 5
EUROPE GAS-Prices rise amid Norwegian maintenance and lower wind forecast
LONDON, June 5 (Reuters) - Dutch and British wholesale gas prices rose on Thursday morning, supported by ongoing Norwegian maintenance and forecasts of lower wind output, while the market monitors Russia-Ukraine developments.The benchmark Dutch front-month contract at the TTF hub TRNLTTFMc1 inched ...Reuters
Thu, Jun 5
Central banks on track for 4th year of massive gold purchases, Metals Focus says
LONDON, June 5 (Reuters) - Central banks worldwide are on track to buy 1,000 metric tons of gold in 2025, which would be their fourth year of massive purchases as they diversify reserves from dollar-denominated assets into bullion, consultancy Metals Focus said.Reuters
Thu, Jun 5
