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SOFTS-Arabica coffee prices ease, focus on Brazil tariffs
LONDON, Aug 6 (Reuters) - Arabica coffee futures on ICE fell on Wednesday as traders assessed the potential fallout from a newly-imposed 50% U.S. tariff on imports from Brazil.The United States, the world's largest coffee importer, has imposed a tariff on imports from the world's top coffee ...
Reuters
Wed, Aug 6
US natural gas futures steady despite near-record LNG export flows
Near-record gas flows to LNG export plantsGas stockpiles 7% above normal, likely to growLSEG projects rising gas demand in Lower 48 statesBy Scott DiSavino Aug 6 (Reuters) - U.S. natural gas futures held steady on Wednesday on little changes in daily output or weather and demand forecasts for the...
Reuters
Wed, Aug 6
CBOT Trends-Wheat down 1-2 cents, corn down 1-2, soybeans up 2-4
CHICAGO, Aug 6 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading on Wednesday. WHEAT - Down 1 to 2 cents per bushelWheat futures hovered near five-year lows, with ongoing harvests in the Northern Hemisphere adding pressure. Wheat crops from centr...
Reuters
Wed, Aug 6
GRAINS-Wheat hits new 5-year low as supply pressure builds
By Gus Trompiz and Peter Hobson PARIS/CANBERRA, Aug 6 (Reuters) - Chicago wheat futures slipped to a new five-year low on Wednesday, while corn set more contract lows as ample global supply hung over the cereal markets.Soybeans edged higher, recovering from a four-month low with help from a bounc...
Reuters
Wed, Aug 6
EXPLAINER-Where could India look to replace Russian oil?
By Nidhi Verma NEW DELHI, Aug 6 (Reuters) - India, which gets more than a third of its oil imports from Russia, is likely to turn to supplies from the Middle East and Africa and other regions if it is forced to cut Russian imports due to possible U.S. penalties.WHY IS INDIA IMPORTING RUSSIAN OIL?...
Reuters
Wed, Aug 6
German minister flags risks to tenders as offshore auctions draw no bids
By Riham Alkousaa BERLIN, Aug 6 (Reuters) - Germany's Economy Minister Katharina Reiche warned on Wednesday that flawed site selection and shifting market dynamics were undermining offshore wind tenders, as the country's latest offshore auctions received no bids.Two August tenders for off...
Reuters
Wed, Aug 6
GM signs rare earth magnet deal with Noveon Magnetics
Aug 6 (Reuters) - General Motors GM.N has entered into a multi-year deal under which Noveon Magnetics will supply rare earth magnets for use in components of the automaker's full-size SUVs and trucks, the magnet maker said on Wednesday.China controls more than 90% of global rare earth processing...
Reuters
Wed, Aug 6
BREAKINGVIEWS-US-India standoff is about more than Russian oil
By Una GalaniHONG KONG, Aug 5 (Reuters Breakingviews) - The standoff between the U.S. and India may well get worse before it gets better. Having slapped a 25% tariff on goods the South Asian country sends to America, Donald Trump is vowing to ratchet up the rate over the $4 trillion economy's pu...
Reuters
Wed, Aug 6
RPT-BREAKINGVIEWS-US-India standoff is about more than Russian oil
By Una GalaniHONG KONG, Aug 5 (Reuters Breakingviews) - The standoff between the U.S. and India may well get worse before it gets better. Having slapped a 25% tariff on goods the South Asian country sends to America, Donald Trump is vowing to ratchet up the rate over the $4 trillion economy's pu...
Reuters
Wed, Aug 6
SOFTS-Arabica coffee prices ease, focus on Brazil tariffs
LONDON, Aug 6 (Reuters) - Arabica coffee futures on ICE edged lower on Wednesday as traders assessed the potential fallout from a newly imposed 50% U.S. tariff on imports from Brazil.The world's largest coffee importer, the U.S., has imposed a tariff on imports from the world's top exporter,...
Reuters
Wed, Aug 6
Ftai Infrastructure Announces Agreement To Acquire The Wheeling & Lake Erie Railway Company
Aug 6 (Reuters) - Ftai Infrastructure Inc FIP.O:FTAI INFRASTRUCTURE INC. ANNOUNCES AGREEMENT TO ACQUIRE THE WHEELING & LAKE ERIE RAILWAY COMPANYFTAI INFRASTRUCTURE INC - TO BUY WHEELING CORPORATION FOR $1.05 BILLIONFTAI INFRASTRUCTURE INC - TO REFINANCE 10.50% SENIOR NOTES AND SERIES A PREFERRED...
Reuters
Wed, Aug 6
SOFTS-Arabica coffee prices ease, focus on Brazil tariffs
Aug 6 (Reuters) - Arabica coffee futures on ICE edged lower on Wednesday as traders assessed the potential fallout from a newly imposed 50% U.S. tariff on imports from Brazil.The world's largest coffee importer, the U.S., has imposed the tariff on imports from the world's top exporter, Brazi...
Reuters
Wed, Aug 6
NRG Energy beats quarterly profit estimates, inks 295 MW deal to power data centers
Aug 6 (Reuters) - NRG Energy NRG.N beat Wall Street estimates for second-quarter profit on Wednesday, as the utility got a boost from surging power demand and improved retail margins in its Texas unit.The company also entered into a 295 megawatt long-term retail deal to power data centers constructe...
Reuters
Wed, Aug 6
India's Modi to visit China for first time in 7 years as tensions with US rise
Indian PM to visit China for SCO summit, source saysModi China visit first in over 7 years - sourceIndia's national security adviser visiting Russia to discuss oil, weapons issuesIndia braces for $64 bln export hit due to Trump's tariffs By Nikunj Ohri, Sarita Chaganti Singh and Shivam Patel...
Reuters
Wed, Aug 6
GRAINS-Wheat and corn hover near lows as supply pressure builds
By Gus Trompiz and Peter Hobson PARIS/CANBERRA, Aug 6 (Reuters) - Chicago wheat futures hovered just above a five-year low on Wednesday, while corn held around contract lows as ample global supply hung over the cereal markets.Soybeans edged higher, recovering from a four-month low with help from ...
Reuters
Wed, Aug 6
Swiss cheesemakers fear for US sales if hit by tariffs
By Manuel Ausloos Yverdon-Les-Bains, Switzerland, Aug 6 (Reuters) - Swiss cheese producers are bracing for a steep drop in U.S. sales after President Donald Trump announced a 39% tariff on Swiss imports due to take effect on Thursday.Swiss President Karin Keller-Sutter and Business Minister Guy P...
Reuters
Wed, Aug 6
Gold eases below $3,400 as rally pauses, Trump escalates tariff threats
Gold (XAU/USD) slips modestly on Wednesday, snapping a four-day winning streak as bulls struggle to extend gains beyond the key $3,400 psychological barrier.
Gold
Fxstreet
Wed, Aug 6
Israel's ICL second-quarter profit dips, 22 months of war weigh
By Steven ScheerJERUSALEM, Aug 6 (Reuters) - Israeli potash and speciality chemicals producer ICL Group ICL.TA on Wednesday reported a dip in second-quarter profit, weighed down partly by workers serving as military reserves, and said it faced minimal impact from U.S. tariffs.ICL ICL.N said it earne...
Reuters
Wed, Aug 6
Aurora Cannabis Q1 revenue up 17%, adjusted EBITDA rises 209%
OverviewAurora Cannabis fiscal Q1 2026 rev rises 17%, driven by medical cannabis growthAdjusted EBITDA for fiscal Q1 grows 209%, reflecting strong operational performanceCo maintains strong balance sheet with $186 mln cash and debt-free cannabis businessOutlookAurora expects Q2 2026 net revenue to g...
Reuters
Wed, Aug 6
Caesarstone Q2 revenue falls 15.6%, net loss widens
OverviewCaesarstone Q2 2025 revenue falls 15.6% yr/yr due to lower volumesGross margin declines to 19.6% from 22.9% in prior year qtrCo approves cost reduction measures for $10 mln annual savingsOutlookCaesarstone expects $10 mln annualized savings from cost reductions in H2 2025Company focuses on s...
Reuters
Wed, Aug 6
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