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UAE climate fund Altérra backs Absolute Energy in Italy renewables project
Makes $50 million investment in energy firmFollows $100 million investment in French firm NeoenFund aims to make more co-investments, CEO saysBy Virginia Furness and Simon JessopLONDON, June 3 (Reuters) - Alterra, one of the world's biggest private climate funds has made its second direct invest...
Reuters
Tue, Jun 3
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data.
Silver
Fxstreet
Tue, Jun 3
Gold jumps amid renewed trade concerns – ING
Gold prices jumped Monday as renewed trade concerns and heightened geopolitical tensions supported the metal’s haven appeal, ING's commodity experts Ewa Manthey and Warren Patterson note.
Gold
Fxstreet
Tue, Jun 3
Oil bounces on the day – ING
The oil market surged higher yesterday, with ICE Brent hitting US$65.76/bbl at one stage, as USD weakness, rising geopolitical risks and possibly a supply hike from OPEC+ that fell short of expectations all provided a boost.
Fxstreet
Tue, Jun 3
EUROPE GAS-Prices hold firm on elusive Ukraine ceasefire, muted supply
June 3 (Reuters) - Dutch and British wholesale gas prices were a little firmer on Tuesday morning as weaker demand was offset by ongoing fighting in Ukraine and curtailed supply from Norway and U.S. liquefied natural gas (LNG).The benchmark Dutch front-month contract at the TTF hub TRNLTTFMc1 was u...
Reuters
Tue, Jun 3
IATA Director General Says Airlines Will Need To See Evidence Of Peace Before Reconfiguring Their Network, Fly Over Russia
June 3 (Reuters) - IATA DIRECTOR GENERAL: THERE HAS BEEN NO DISCUSSION ABOUT DELAYING NET ZERO TARGETS DATEIATA DIRECTOR GENERAL: FORWARD BOOKING PROFILE FROM EUROPE TO NORTH AMERICA LOOKS FINE, THOUGH SLIGHLTY SOFTER IN Q4IATA DIRECTOR GENERAL: ANY CONSUMER RELUCTANCE CAN ALWAYS BE ADDRESSED THROUG...
Reuters
Tue, Jun 3
Silver Price Forecast: XAG/USD bearish correction finds support at $34.00
Silver prices (XAG/USD) are trading lower on Tuesday’s European session, weighed by a somewhat firmer US Dollar, as the risk-off mood witnessed on Monday seems to have eased.The precious metal hit fresh six-month highs on Monday, with the US Dollar hammered by renewed tariff concerns and downbeat US
Silver
Fxstreet
Tue, Jun 3
WTI hovers around $62.50, downside appears due to OECD’s revision of GDP forecasts
West Texas Intermediate (WTI) Oil price remains steady after registering more than 3.50% gains, trading around $62.50 during the Asian hours on Tuesday.
WTI
Fxstreet
Tue, Jun 3
METALS-London copper falls on concerns over potential US tariff
By Hongmei Li SINGAPORE, June 3 (Reuters) - London copper prices lost ground on Tuesday as concerns over possible U.S. tariffs on the metal weighed, although a weaker U.S. dollar cushioned the fall.Three-month copper on the London Metal Exchange CMCU3 shed 0.7% to $9,554 per metric ton as of 0708...
Reuters
Tue, Jun 3
PRECIOUS-Gold retreats from nearly 4-week peak as dollar recovers
Donald Trump and Xi Jinping to likely speak this week, White House saysTrump administration wants countries to detail tariff ratesBy Anmol Choubey June 3 (Reuters) - Gold slipped on Tuesday, retreating from a nearly four-week high, as a modest rise in the U.S. dollar weighed, although uncertainty...
Reuters
Tue, Jun 3
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $62.13 per barrel, down from Monday’s close at $62.50.
WTI
Fxstreet
Tue, Jun 3
COLUMN-BP needs to scrap its Big Oil mentality, and its buybacks: Bousso
BP's net debt reached $27 billion by end of Q1CEO aims to reduce net debt to $14-$18 billion by 2027Shares have underperformed rivals since strategy reset in FebruaryBy Ron Bousso LONDON, June 3 - BP has jumped from crisis to crisis in recent years, severely eroding the British firm’s stature...
Reuters
Tue, Jun 3
PRESS DIGEST - Wall Street Journal - June 3
June 2 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- U.S. Federal Emergency Management Agency officials are scrapping a hurricane-response plan that its recently appointed leader, David Richard...
Reuters
Tue, Jun 3
TSMC says US tariffs have some impact but AI demand robust
TSMC CEO sees US tariffs having some impact, AI demand strongTSMC has discussed tariffs with US government, CEO saysCompany has no plans to build factories in Middle EastTSMC margins impacted by Taiwan dollar's appreciationBy Wen-Yee Lee HSINCHU, Taiwan, June 3 (Reuters) - Taiwan's TSMC 2...
Reuters
Tue, Jun 3
PRESS DIGEST- New York Times business news - June 3
June 3 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- Harvard officials, in a new court filing on Monday, detailed the extent of cuts that the Trump administration has made to universi...
Reuters
Tue, Jun 3
Silver Price Forecast: XAG/USD slumps to near $34.00 on some profit-taking
The Silver price (XAG/USD) faces some selling pressure to around $34.15 after retreating from a nearly seven-month high during the Asian trading hours on Tuesday. The white metal loses ground due to some profit-taking amid easing trade tensions.
Silver
Fxstreet
Tue, Jun 3
Gold price retreats from multi-week top as a recovering USD prompts mild profit-taking
Gold price (XAU/USD) retreats from the vicinity of the $3,400 round-figure mark, or a nearly four-week peak touched during the Asian session on Tuesday and erodes a part of the previous day's strong gains.
Gold
Fxstreet
Tue, Jun 3
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Tuesday, according to data compiled by FXStreet.
Gold
Fxstreet
Tue, Jun 3
Swedish steelmaker Alleima sees pricing as counter to US tariffs- Bloomberg News
-- Source link: https://tinyurl.com/yz4k8fx6-- Note: Reuters has not verified this story and does not vouch for its accuracy
Reuters
Tue, Jun 3
TSMC CEO: Tariffs Ultimately A Matter Between Governments
June 3 (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd 2330.TW:TSMC CEO: WE’VE BEEN IN COMMUNICATION WITH THE U.S. DEPARTMENT OF COMMERCE ABOUT TARIFFS FROM EARLY ONTSMC CEO: WE EXPRESSED CONCERN THAT HIGHER TARIFFS WOULD INCREASE TSMC’S PRODUCTION COSTS IN THE U.S.TSMC CEO: TARIFFS ARE ULT...
Reuters
Tue, Jun 3
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