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REFILE-Carbon project developers call for complaints procedure overhaul
By Virginia Furness LONDON, Aug 1 (Reuters) - Dozens of carbon project developers are urging the registries that set standards for the voluntary carbon market to overhaul their complaints procedures, following several high-profile cases that have dented trust in the sector.The voluntary carbon ma...Reuters
Mon, Aug 4
EUROPE GAS-Prices mostly ease amid comfortable supply
Aug 4 (Reuters) - Dutch and British wholesale gas prices were mostly a touch weaker on Monday morning amid steady Norwegian gas supply, current high wind output limiting gas demand in the power sector and a gas storages continue to fill.The benchmark Dutch front-month contract at the TTF hub TRNLTT...Reuters
Mon, Aug 4
Japan's Mitsubishi Q1 profit down 43%, beats expectations
TOKYO, Aug 4 (Reuters) - Japanese trading house Mitsubishi 8058.T on Monday posted a net profit of 203.1 billion yen ($1.4 billion) in the three months to June 30, down 43% from a year ago but beating analysts' forecasts.An LSEG poll of analysts had expected the company to post 180.3 billion yen...Reuters
Mon, Aug 4
Silver Price Forecast: XAG/USD jumps to near $37.30 as US bond yields slump
Silver price (XAG/USD) extends its Friday’s recovery move to near $37.30 on Monday. The white metal strengthens as United States (US) bond yields decline sharply, following the release of the softer-than-projected Nonfarm Payrolls (NFP) data for July.Fxstreet
Mon, Aug 4
PRECIOUS-Gold eases on profit-taking after rally on US jobs surprise
Latest Trump tariffs unlikely to budge, top negotiator saysMarket expects a rate cut in SeptemberCiti raises gold forecast to $3,500/oz over next 3 monthsBy Anushree Mukherjee and Brijesh Patel Aug 4 (Reuters) - Gold edged lower on Monday as investors booked profits after a sharp rise in the prev...Reuters
Mon, Aug 4
METALS-Copper gains as weaker dollar lends support
By Brijesh Patel Aug 4 (Reuters) - Copper prices rose on Monday, helped by a softer dollar after weaker-than-expected U.S. jobs data boosted bets for a Federal Reserve interest rate cut in September.Three-month copper on the London Metal Exchange CMCU3 was up 0.5% at $9,673 per metric ton, as of ...Reuters
Mon, Aug 4
Japan's Sojitz, JOGMEC team up with Alcoa for gallium study in Australia
TOKYO, Aug 4 (Reuters) - Japanese trading house Sojitz established a joint venture with Japan Organization for Metals and Energy Security (JOGMEC) to study gallium production in Australia, Sojitz said on Monday. Gallium, a critical mineral, is used in semiconductors where demand continues to grow wi...Reuters
Mon, Aug 4
PRESS DIGEST- New York Times business news - August 4
Aug 4 (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.- About 3,200 Boeing BA.N machinists in St. Louis, who manufacture fighter jets, are poised to strike after their union rejected a co...Reuters
Mon, Aug 4
German finance minister to push for steel quotas on Washington trip
BERLIN, Aug 4 (Reuters) - German Finance Minister Lars Klingbeil will advocate for a quota system on steel exports to be included in the EU's trade deal with the United States at a meeting with his U.S. counterpart, Scott Bessent, later on Monday, he told a radio broadcaster."There is talk o...Reuters
Mon, Aug 4
Mitsubishi Corp CFO: No Notable Direct Impact From U.S. Tariffs Was Seen On Our First-Quarter Earnings
Aug 4 (Reuters) - Mitsubishi Corp 8058.T:MITSUBISHI CORP CFO: NO NOTABLE DIRECT IMPACT FROM U.S. TARIFFS WAS SEEN ON OUR FIRST-QUARTER EARNINGSMITSUBISHI CORP CFO: UNCERTAINTY OVER ECONOMIC IMPACT OF U.S. TARIFFS ON THE U.S., CHINESE, AND BROADER ASIAN ECONOMIES COULD INDIRECTLY AFFECT OUR BUSINESSE...Reuters
Mon, Aug 4
Japan's Sojitz: Begins Joint Development Study For Gallium Production In Australia with JOGMEC, Alcoa
Aug 4 (Reuters) - Sojitz Corp 2768.T:SOJITZ BEGINS JOINT DEVELOPMENT STUDY FOR GALLIUM PRODUCTION IN AUSTRALIASOJITZ: WITH JOGMEC ESTABLISHED JV, 'JAPAN AUSTRALIA GALLIUM ASSOCIATES', TO CONDUCT JOINT DEVELOPMENT STUDY FOR GALLIUM PRODUCTION IN AUSTRALIASOJITZ: JAGA HAS SIGNED JOINT DEVELOPM...Reuters
Mon, Aug 4
India's IOC buys 7 million barrels US, Mideast crude after Russian oil pause
SINGAPORE/NEW DELHI, Aug 4 (Reuters) - Indian Oil Corp (IOC) IOC.NS, the country's top refiner, has bought 7 million barrels of September-arrival crude from the United States, Canada and the Middle East via a tender, several trade sources said on Monday.IOC's large spot crude purchase comes ...Reuters
Mon, Aug 4
PRESS DIGEST - Wall Street Journal - August 4
Aug 4 (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.- China is limiting the flow of critical minerals to Western defense manufacturers, delaying production and forcing companies to scour the worl...Reuters
Mon, Aug 4
Gold price edges lower amid modest USD uptick; September Fed rate cut bets limit losses
Gold price (XAU/USD) pulls back from the $3,369 region, or over a one-week top touched during the Asian session on Monday, and for now, seems to have stalled last week's goodish recovery move from a one-month low.
Fxstreet
Mon, Aug 4
GRAINS-Wheat hits lowest since May amid plentiful supplies
CANBERRA, Aug 4 (Reuters) - Chicago wheat futures fell to their lowest level since May on Monday, and hovered near their lowest since 2020, as ongoing harvests in the Northern Hemisphere kept the market well supplied. Corn and soybean futures edged higher. Both crops remain under pressure from expec...Reuters
Mon, Aug 4
Ukrainian drone attack sparks fire at railway station in Volgograd region, Russia says
Aug 4 (Reuters) - A Ukrainian drone attack damaged a power line and sparked a fire at a railway station building in Russia's southern region of Volgograd overnight, the regional administration said on Monday. An unexploded drone fell on railway tracks near the Archeda train station, the administ...Reuters
Mon, Aug 4
