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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
Gold Price Forecast: XAU/USD hesitates around $3,400, still holds 20-day EMA
Gold price (XAU/USD) corrects to near $3,360.00 on Wednesday after a three-day winning streak. The precious metal retraces even as traders remain increasingly confident that the Federal Reserve (Fed) will resume its monetary-expansion cycle in the September policy meeting.
Fxstreet
Wed, Aug 6
Agri firm Pyxus' Q1 revenue falls 20%, net loss widens
OverviewPyxus fiscal Q1 2026 revenue falls to $508.8 mln, impacted by shipment timingNet loss for fiscal Q1 2026 at $15.8 mln, down from $4.6 mln last yearAdjusted EBITDA declines to $29.5 mln, reiterates full-year guidanceOutlookPyxus expects fiscal year sales between $2.3 bln and $2.5 blnCompany a...Reuters
Wed, Aug 6
PRECIOUS-Gold dips as Treasury yields rise, with market waiting for Trump's Fed pick
10-year Treasury yields rise after four days of fallsTrump set to fill Fed board vacancy by end of weekTraders see 87% chance of Fed rate cut in SeptemberPerth Mint's July gold sales fall by 33% By Sherin Elizabeth Varghese and Anushree Mukherjee Aug 6 (Reuters) - Gold prices eased on Wednesd...Reuters
Wed, Aug 6
Natural Resource Partners Q2 profit hit by weak coal and soda ash prices
OverviewNatural Resource Partners Q2 2025 rev declines amid weak coal and soda ash pricesCo generated $46.3 mln free cash flow despite challenging market conditionsNet income for Q2 2025 fell to $34.2 mln, reflecting segment challengesOutlookNRP expects weak coal pricing to persist through 2025Compa...Reuters
Wed, Aug 6
Glencore says long-term strategy may involve sale of Bunge stake
LONDON, Aug 6 (Reuters) - Miner and trader Glencore GLEN.L said on Wednesday that its long-term strategy could involve the sale of its 16.4% stake in enlarged global agribusiness Bunge Global BG.N some time in the future.Glencore became the owner of the 16.4% stake after Bunge closed a long-delayed ...Reuters
Wed, Aug 6
PRESS DIGEST-Canada - Aug 6
Aug 6 (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- Canada will provide up to C$1.2 billion ($871.78 million)to help softwood lumber producers deal with U.S. counterva...Reuters
Wed, Aug 6
Bloomin' Brands beats Q2 revenue estimates, EPS up
OverviewBloomin' Brands Q2 2025 revenue rises 0.3% yr/yr, beating analyst expectationsAdjusted EPS for Q2 2025 beats consensus, despite higher costsCompany maintains dividend of $0.15, no share repurchases in 2025OutlookBloomin' Brands expects 2025 EPS of $0.80 to $0.90Company forecasts 2025...Reuters
Wed, Aug 6
CORRECTED-TIMELINE-Trump's trade war: Tariff deadlines and key upcoming events
August 1 (Reuters) - The twists and turns in U.S. President Donald Trump's tariff policies have not only roiled global financial markets but also taken investors on a roller-coaster ride.Adding to the uncertainty are tariff-related legal challenges and Trump's assertion that he will hammer o...Reuters
Wed, Aug 6
Glencore rejects US listing in boost for UK markets
Glencore to keep primary listing in London for nowCompany doesn't think it would have been included in S&P 500Decision a boost for London after several companies leftBy Charlie Conchie and Pratima Desai LONDON, Aug 6 (Reuters) - Glencore GLEN.L will keep its primary listing in London, rej...Reuters
Wed, Aug 6
Asia Fuel Oil-VLSFO extends slide as bearish fundamentals weigh
SINGAPORE, Aug 6 (Reuters) - Asia's very low sulphur fuel oil (VLSFO) market softened further on Wednesday, with supply pressure and tepid demand underpinning the market. The product's cash differential inched nearer towards parity from cargo quotes, on the verge of discounts, based on marke...Reuters
Wed, Aug 6
Middle East Crude-Benchmarks gain on Trump threats on Russian oil buyers
SINGAPORE, Aug 6 (Reuters) - Middle East crude benchmark spot premiums of Oman, Dubai and Murban buoyed on Wednesday, after U.S. President Donald Trump's renewed threat of higher tariffs on Russian oil buyers sparked concerns of tighter supply.Indian Oil Corp IOC.NS, India's top refiner, has...Reuters
Wed, Aug 6
Six Flags Entertainment Q2 revenue misses estimates, CEO to step down
OverviewSix Flags Q2 revenue misses expectations at $930 mln, per LSEG dataAdjusted EBITDA for Q2 misses analyst expectations, per LSEG dataCompany attributes Q2 underperformance to adverse weather impacting attendanceCompany says CEO Richard A. Zimmerman will step down by the end of 2025OutlookSix ...Reuters
Wed, Aug 6
Ukraine says Russia struck gas facility involved in imports from US, Azerbaijan
Aug 6 (Reuters) - Dozens of Russian drones attacked a gas pumping station in southern Ukraine, part of an LNG imports scheme from the U.S. and Azerbaijan, Ukraine's energy ministry said on Wednesday. The ministry described the strike on the station near the Ukraine-Romania border as directed ...Reuters
Wed, Aug 6
FOCUS-Trump tariffs cost small Canadian firms as big business, oil enjoy exemptions
56% of Canadian exports by value avoided tariffs in June due to trade deal complianceOil exports to the U.S. earned exemptions, not facing tariffs Smaller firms face tariffs, uncertainty, without USMCA complianceBy Promit Mukherjee OTTAWA, Aug 6 (Reuters) - Steve Mallia's Toronto-based telesc...Reuters
Wed, Aug 6
Central banks buy more Gold in June – ING
Central banks added a net 22 tonnes of Gold to global reserves in June, according to the World Gold Council. The Central Bank of Uzbekistan was the leading buyer with net purchases of 9 tonnes, breaking a four month selling streak, ING's commodity experts Ewa Manthey and Warren Patterson note.Fxstreet
Wed, Aug 6
Siemens Energy targets upper end of outlook as US demand outweighs tariffs
Company incurs US import tariff hit of 100 million euro in third quarterThird-quarter orders at 16.1 billion euros versus 14.1 billion euros in pollOrder backlog reaches record of 136 billion eurosBy Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF, Aug 6 (Reuters) - Siemens Energy ENR1n...Reuters
Wed, Aug 6
Oil: Secondary tariff uncertainty lingers – ING
There’s still plenty of uncertainty over the US imposing secondary tariffs on buyers of Russian oil. Much of the noise in recent weeks has centred on India facing such tariffs. However, market chatter is growing that China’s purchases of Russian oil may come into focus next.Fxstreet
Wed, Aug 6
