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WRAPUP 3-Global alarm rises as China's critical mineral export curbs take hold
Global automakers warn of production halts without China's critical mineralsExecutives and diplomats are scrambling to get meetings in BeijingTrump and Xi expected to talk this week amid trade war By Jarrett Renshaw, Ernest Scheyder and Jeff Mason June 3 (Reuters) - Alarm over China's str...Reuters
Wed, Jun 4
CORRECTED-WRAPUP 2-Global alarms rise as China's critical mineral export curbs take hold
Global automakers warn of production halts without China's critical mineralsExecutives and diplomats are scrambling to get meetings in BeijingTrump and Xi expected to talk this week amid trade warBy Jarrett Renshaw, Ernest Scheyder and Jeff Mason June 3 (Reuters) - Alarm over China's stra...Reuters
Wed, Jun 4
BlackRock removed from Texas boycott list after quitting climate groups
By Ross Kerber June 3 (Reuters) - Texas on Tuesday removed BlackRock BLK.N from a list of companies seen as boycotting the energy industry, a step the New York asset manager won only with steep cuts to its climate ambitions.Texas Comptroller Glenn Hegar said the decision reflected BlackRock's...Reuters
Wed, Jun 4
PRESS DIGEST-British Business - June 4
June 3 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times- Cartier and North Face have warned customers of recent cyberattacks that exposed personal data, though no financi...Reuters
Wed, Jun 4
ANALYSIS-South Korea's new leader to seek more time for US trade talks
Seoul to take wait-and-see stance on trade talks, sources sayOpen to extending deadline, unlikely to ask from the startJapan and China considered references for bargaining powerSouth Korea better positioned than peers to strike favourable deal, analysts sayBy Jihoon Lee and Cynthia Kim SEOUL, Jun...Reuters
Wed, Jun 4
PRESS DIGEST- Financial Times - June 4
June 4 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- KKR feared political risk from Thames Water rescue deal- UK Serious Fraud Office probes company that sold solar farms to Thurrock Counc...Reuters
Wed, Jun 4
Cameco Corp To Continue Operations In Northern Saskatchewan Amidst Wildfires
June 3 (Reuters) - Cameco Corp CCO.TO:NORTHERN SASKATCHEWAN OPERATIONS UPDATECAMECO CORP - CONTINUES OPERATIONS IN NORTHERN SASKATCHEWAN AMIDST WILDFIRESCAMECO CORP: CURRENTLY, THERE ARE NO FIRES IN VICINITY OF CAMECO'S OPERATIONS AT CIGAR LAKE, KEY LAKE, MCARTHUR RIVER AND RABBIT LAKECAMECO COR...Reuters
Wed, Jun 4
Airlines must ink long-term deals on greener fuels to boost volumes: Bayer exec
MONTREAL, June 3 (Reuters) - Airlines need to reach long-term agreements to buy bigger quantities of sustainable aviation fuel if they want to boost global volumes of the lower-emission fuel required for industry climate targets, a Bayer executive said on Tuesday.Airline members of the International...Reuters
Wed, Jun 4
METALS-London copper prices ease; US tariff concerns persist
By Hongmei Li SINGAPORE, June 4 (Reuters) - Prices of London copper ticked down on Wednesday as uncertainty over U.S. tariffs on the metal kept a lid on prices.Three-month copper on the London Metal Exchange CMCU3 eased 0.2% to $9,615.5 per metric ton by 0102 GMT. The most-traded copper contract ...Reuters
Wed, Jun 4
Advanced nuclear companies and others urge Senate to keep energy tax credits
June 3 (Reuters) - Energy companies representing technologies that provide baseload, or stable and consistent power, on Tuesday urged U.S. Senate leadership to preserve clean energy tax credits that were effectively gutted by a Republican bill passed last month by the House of Representatives.WHY IT...Reuters
Wed, Jun 4
Oil prices slip as rising OPEC+ output, tariff fears weigh on outlook
By Yuka Obayashi TOKYO, June 4 (Reuters) - Oil prices edged lower in early Asian trade on Wednesday, weighed down by a loosening supply-demand balance following increasing OPEC+ output and lingering concerns over the global economic outlook due to tariff tensions. Brent crude futures LCOc1 dipped...Reuters
Wed, Jun 4
COLUMN-Rio Tinto bets lithium will retain its battery metal crown: Andy Home
By Andy Home LONDON, June 3 (Reuters) - It's a tough time to be a lithium producer as the light metal sinks under the weight of excess supply. Lithium hydroxide prices LTHc1 have collapsed by 90% from their 2022 peak and show no signs of recovery. Multiple producers are now operating at zero ...Reuters
Wed, Jun 4
Mexico to ask Washington for relief from doubled steel tariff
MEXICO CITY, June 3 (Reuters) - Mexico will ask that it be excluded from the United States' increased tariffs on steel, Economy Minister Marcelo Ebrard told reporters before an event on Tuesday, after U.S. President Donald Trump formally doubled the duty on imported steel to 50%."We will ask...Reuters
Wed, Jun 4
Canada in 'intensive' negotiations to have US tariffs removed, PM Carney's office says
OTTAWA, June 3 (Reuters) - The Canadian government is engaged in "intensive and live" negotiations to get exempted from newly announced additional U.S. tariffs on steel and aluminum as well as other import duties imposed by the Trump administration, Prime Minister Mark Carney's office sa...Reuters
Wed, Jun 4
LIVESTOCK-Cattle futures retreat from 3-week high, but cash prices support
By Julie IngwersenCHICAGO, June 3 (Reuters) - Chicago Mercantile Exchange cattle futures closed lower on Tuesday, retreating after the benchmark August contract hit a three-week high, though recent strength in cash cattle prices continues to support the market, traders said.CME August live cattle fu...Reuters
Wed, Jun 4
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, June 4 (Reuters) - Contract Target Support/Resistance Brent oil $64.80res $65.89/$66.21/$67.27Palm oil (3rd month)3,968/3,998 ringgitsup 3,912/3,886 ringgitWTI* $62.78/$62.37res $63.94/$64.66Spot gold$3,337/$3,324/$3,304res $3,370/$3,391/$3,4...Reuters
Wed, Jun 4
Roblox down for tens of thousands of users in the US, Downdetector shows
June 3 (Reuters) - Video game maker Roblox RBLX.N was down for tens of thousands of users in the United States on Tuesday, according to outage tracking website Downdetector.com.There were 3,737 incidents of people reporting issues with Roblox as of 7:56 p.m. ET, Downdetector showed.User reports indi...Reuters
Wed, Jun 4
WTI extends upside above $62.50 geopolitical risks, supply fears
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.80 during the Asian trading hours on Tuesday. The WTI price extends the rally to two-week highs amid persistent geopolitical tensions and a weaker US Dollar (USD).
Fxstreet
Wed, Jun 4
Roblox down for tens of thousands of users in the US, Downdetector shows
June 3 (Reuters) - Video game maker Roblox RBLX.N was down for tens of thousands of users in the U.S. on Tuesday, according to outage tracking website Downdetector.com.There were more than 99,000 incidents of people reporting issues with Roblox as of 7:27 p.m. ET, Downdetector showed.Reuters
Tue, Jun 3
