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LIVE MARKETS-As the market climbs a wall of worry, pick your spots to reach new heights
Main US indexes advance; Nasdaq out frontTech leads S&P sector gainers; Energy weakest groupEuro STOXX 600 index up ~0.4%Dollar, gold fall; crude down >2%; bitcoin up ~2.5%US 10-Year Treasury yield edges down to ~4.41% Welcome to the home for real-time coverage of markets brought to you by Re...Reuters
Mon, Jun 16
Power Up: Israel-Iran conflict spares global energy supplies, for now
June 16 (Reuters) - By Liz HamptonU.S. energy markets editor Hello Power Up readers! It has been a volatile few days in the oil patch, with prices surging last week after Israel launched a surprise attack on Iran. Futures posted the largest single-day gain since the Ukraine war started in 2022, ju...Reuters
Mon, Jun 16
EU moves ahead with Russian gas ban proposal despite Hungary, Slovakia vetoes
By Kate AbnettLUXEMBOURG, June 16 (Reuters) - Hungary and Slovakia on Monday opposed a planned European Union ban on Russian gas imports, though Brussels is expected to propose the law on Tuesday, which could pass without their approval.The European Commission aims to ban EU Russian gas and liquefie...Reuters
Mon, Jun 16
Barrick Holding Firm Through Icsid Arbitration Amid Malian Court Ruling
June 16 (Reuters) - Barrick Mining Corp ABX.TO:BARRICK HOLDING FIRM THROUGH ICSID ARBITRATION AMID MALIAN COURT RULINGBARRICK MINING CORP - SUBMITS REQUEST FOR PROVISIONAL MEASURES IN ARBITRATIONBARRICK MINING CORP - COMMITTED TO ENGAGING WITH MALIAN GOVERNMENT FOR SOLUTIONReuters
Mon, Jun 16
Hudbay Minerals resumes operations in Snow Lake after evacuation orders lifted
June 16 (Reuters) - Canada's Hudbay Minerals HBM.TO said on Monday it has resumed operations at its Snow Lake mining site in Manitoba following the lifting of evacuation orders in the region.Manitoba declared a state of emergency late last month and urged thousands of people in northern and east...Reuters
Mon, Jun 16
Boeing India Declines To Comment On Stephanie Pope's Meeting With Air India
June 16 (Reuters) - BOEING INDIA DECLINED TO COMMENT ON STEPHANIE POPE'S MEETING WITH AIR INDIABOEING INDIA ON AIR INDIA CRASH : SUPPORTING THE INVESTIGATION, AND OUR CUSTOMERSource text: [ID:]Further company coverage: AIRID.ULReuters
Mon, Jun 16
G7 leaders agree on strategy to protect critical mineral supply, draft document says
KANANASKIS, Alberta, June 16 (Reuters) - Group of Seven leaders on Monday provisionally agreed on a strategy to help protect the supply of critical minerals and bolster their economies, according to a draft statement seen by Reuters.The draft, which a source said had not yet been approved by U.S. Pr...Reuters
Mon, Jun 16
US Supreme Court to hear Chevron, Exxon appeal over Louisiana coastal damage
Federal court friendlier venue for companies in such casesAppeal involved suits by Plaquemines and Cameron parishes By Nate RaymondJune 16 (Reuters) - The U.S. Supreme Court agreed on Monday to hear a bid by Chevron CVX.N, Exxon Mobil XOM.N and other oil and gas companies to have lawsuits brought by...Reuters
Mon, Jun 16
Shipping disruption surges around Hormuz amid Israeli attacks on Iran, say naval agencies
Conflict between Israel and Iran began on FridayTehran has previously threatened to close Strait of HormuzAdvisories warn of interference with electronic systems LONDON, June 16 (Reuters) - Electronic interference with commercial ship navigation systems has surged in recent days around the St...Reuters
Mon, Jun 16
FACTBOX-Finance deals announced during UN Ocean Conference
LONDON, June 16 (Reuters) - The third U.N. Ocean Conference in France last week yielded a number of financial deals and money pledges to help protect the seas, although the gap between funding and the estimated annual need of $175 billion remains large.Below are a selection of the initiatives announ...Reuters
Mon, Jun 16
ANALYSIS-Investors want clear ocean management rules to scale up funding
Roughly $10 billion raised in deals around UN conferenceYet estimated need to protect oceans is $175 billion a yearMajority of funds pledged by public sector banksOnly 50 of 136 countries have ratified new High Seas TreatyBy Simon Jessop, Virginia Furness and Kate Abnett LONDON, June 16 (Reuters)...Reuters
Mon, Jun 16
G7 leaders agree strategy to protect critical mineral supply - draft
KANANASKIS, Alberta, June 16 (Reuters) - Group of Seven leaders on Monday provisionally agreed a strategy to help protect the supply of critical minerals and bolster their economies, according to a draft statement seen by Reuters."We will work together and with partners beyond the G7 to swiftly ...Reuters
Mon, Jun 16
US-UK trade deal to be completed 'very soon,' says Starmer
BANFF, Alberta, June 16 (Reuters) - Britain and the United States should finalise "very soon" the implementation of a trade deal agreed last month, Prime Minister Keir Starmer said on Monday ahead of a meeting with U.S. President Donald Trump in Canada."I'm certainly seeing President...Reuters
Mon, Jun 16
Iran's Guards call on Israel's Tel Aviv residents to evacuate, media says
CAIRO, June 16 (Reuters) - Iran's Revolutionary Guards called on the residents of Tel Aviv to evacuate as soon as possible, Iranian state media reported on Monday, shortly after Israel issued an evacuation warning for a designated area in Tehran.Reuters
Mon, Jun 16
Barrick Mining will appeal Mali court decision, director says
BAMAKO, June 16 (Reuters) - Barrick Mining (ABX.TO) will appeal a Malian court's decision to appoint a provisional administrator for its Loulo-Gounkoto gold complex, the company’s West Africa director said on Monday."We take note of the decision, the appointment of an administrator whom we k...Reuters
Mon, Jun 16
Giyani Metals receives loan interest from US EXIM for Botswana manganese project
June 16 (Reuters) - Giyani Metals EMM.V said on Monday it had received a letter of interest from the Export-Import Bank of the United States (EXIM) for a loan of up to $225 million to help build its manganese project in Botswana.If approved, the loan will support the construction of Giyani's K.H...Reuters
Mon, Jun 16
EXPLAINER-How much damage have Israeli strikes caused to Iran's nuclear programme?
Attacks have dealt serious blows to Tehran's atomic effortExact extent of damage will take time to establishOf three enrichment plants, one destroyed, another harmedStep before enrichment and bomb-relevant technology hitIAEA has not been able to inspect sites since attacks By Francois Murphy ...Reuters
Mon, Jun 16
US natgas prices climb 3% to 1-week high on forecasts for hotter weather, more cooling demand
Meteorologists forecast hotter-than-normal weather through July 1Triple-digit storage builds expected for record 8th weekLNG export feedgas down in May, June after record high in AprilBy Scott DiSavino June 16 (Reuters) - U.S. natural gas futures climbed about 3% to a one-week high on Monday on f...Reuters
Mon, Jun 16
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