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INSIGHT-How SpaceX's rocket diplomacy backfired in the Bahamas
Bahamian officials frustrated by SpaceX deal approval processSpaceX's global expansion faces geopolitical challengesStarship debris raises safety concerns among BahamiansBy Joey Roulette NASSAU, Bahamas, July 29 (Reuters) - When SpaceX was negotiating a deal with the Bahamas last year to allo...Reuters
Thu, Jul 31
Trump hits Brazil with tariffs, sanctions but key sectors excluded
Tariffs imposed over prosecution of BolsonaroOver half of Brazilian exports have 50% tariff from August 6Aircraft, energy and others on lower tariffBy Luciana Magalhaes and Lisandra Paraguassu SAO PAULO/BRASILIA, July 30 (Reuters) - U.S. President Donald Trump on Wednesday slapped a 50% tariff on...Reuters
Thu, Jul 31
PRECIOUS-Gold rebounds from 1-month low on renewed trade uncertainty
July 31 (Reuters) - Gold prices rebounded on Thursday from a one-month low hit in the previous session, as trade uncertainty stemming from fresh U.S. tariff announcements lifted bullion demand and investors bought on dips despite reduced expectations of a U.S. rate cut.FUNDAMENTALS* Spot gold XAU= w...Reuters
Thu, Jul 31
South Korean auto shares dip after Korea-U.S. trade deal
Seoul, July 31 (Reuters) - Shares of South Korean automakers Hyundai Motor 005380.KS and Kia Corp 000270.KS lost ground on Thursday after U.S. President Donald Trump said the U.S. will charge a 15% tariff on imports from South Korea, including autos, as part of a trade deal.Hyundai Motor shares were...Reuters
Thu, Jul 31
Oil prices gain for fourth day on supply fears from Trump tariff threats
By Yuka Obayashi TOKYO, July 31 (Reuters) - Oil prices gained for a fourth straight day on Thursday, as investors worried about supply shortages amid U.S. President Donald Trump's push for a swift resolution to the war in Ukraine and threats of tariffs on countries buying Russian oil.Brent cr...Reuters
Thu, Jul 31
RPT-Google to invest $6 billion in southern India data centre, sources say
Facility to be built in Visakhapatnam, Andhra Pradesh stateGoogle to invest $2 billion for renewable energy for centreAndhra Pradesh targets 6 GW data centre capacity in five yearsBy Sudarshan Varadhan SINGAPORE, July 30 (Reuters) - Google will invest $6 billion to develop a 1-gigawatt data centr...Reuters
Wed, Jul 30
South Korea says US auto tariffs cut to 15%, no opening of rice and beef markets
SEOUL, July 31 (Reuters) - South Korea's presidential office said on Thursday that the country's trade agreement with the U.S. had pushed down tariffs on Korean cars to 15%. The Asian country's rice and beef markets would not be further opened to the U.S. due to the sensitivity of the...Reuters
Wed, Jul 30
US tariff rate on South Korean autos would be set at 15%, commerce chief says
WASHINGTON, July 30 (Reuters) - U.S. Commerce Secretary Howard Lutnick said on Wednesday the U.S. tariff rate on South Korean autos would be set at 15% after President Donald Trump announced a trade agreement with Washington's Asian trading partner.Lutnick said on X that South Korea's semico...Reuters
Wed, Jul 30
Panama auditor files suit to scrap CK Hutchison-controlled port contract
By Elida Moreno PANAMA CITY, July 30 (Reuters) - Panama's comptroller general, Anel Flores, said on Wednesday he had filed suit to the nation's Supreme Court against a contract to operate ports near the Panama Canal, held by a local firm controlled by Hong Kong-based CK Hutchison 0001.HK....Reuters
Wed, Jul 30
US hits Iranian shipping network with major new sanctions
US says latest Iran sanctions are toughest since 2018Moves are meant to make Iran oil sales more difficultTargeted network is run by son of adviser to Iran Supreme LeaderBy Gram Slattery and Ryan Patrick Jones WASHINGTON, July 30 (Reuters) - The U.S. Treasury Department announced fresh sanctions ...Reuters
Wed, Jul 30
Panama auditor files suit to scrap CK Hutchison-controlled port contract
PANAMA CITY, July 30 (Reuters) - Panama's comptroller general, Anel Flores, said on Wednesday he had filed suit to the nation's Supreme Court against a contract to operate ports near the Panama Canal, held by a local firm controlled by Hong Kong-based CK Hutchison 0001.HK.Flores said the two...Reuters
Wed, Jul 30
Australia's Origin Energy posts 6% sequential fall in fourth-quarter APLNG revenue
July 31 (Reuters) - Australia's Origin Energy ORG.AX posted a 6% sequential decline in fourth-quarter revenue from its stake in the Australia Pacific LNG (APLNG) project on Thursday, as lower underlying commodity prices weighed on earnings.The power producer reported revenue from the APLNG proje...Reuters
Wed, Jul 30
Gold crashes below $3,280 as Powell pushes back on September rate cut
Gold price tumbled over 1.50% on Wednesday after the Federal Reserve, decided to hold rates unchanged, on a 9-2 split vote. Fed Chair Jerome Powell's leaning hawkish at the press conference, alongside strong Gross Domestic Product (GDP) figures for Q2 2025, weighed Bullion prices.
Fxstreet
Wed, Jul 30
BREAKINGVIEWS-Trade war storm buffets the Fed ever harder
By Gabriel Rubin WASHINGTON, July 30 (Reuters Breakingviews) - Federal Reserve Chair Jerome Powell now faces dissent within and without. For the first time in three decades, two members of the interest rate-setting Federal Open Market Committee registered their disagreement with a decision to hol...Reuters
Wed, Jul 30
FirstEnergy beats Q2 profit estimates on higher electricity rates
July 30 (Reuters) - FirstEnergy FE.N beat Wall Street estimates for second-quarter adjusted profit on Wednesday, as the utility benefited from higher rates.U.S. utilities have been seeking to raise power bills to upgrade infrastructure, as the country's electrical grids come under pressure from ...Reuters
Wed, Jul 30
FACTBOX-Some key Brazilian exports spared from Trump's new 40% tariff
By Brendan O'Boyle July 30 (Reuters) - U.S. President Donald Trump signed an executive order on Wednesday imposing a 40% tariff on Brazilian exports, bringing the country's total tariff amount to 50%. Some of Brazil's major exports, however, were exempted from the tax.Notable exemptio...Reuters
Wed, Jul 30
US Cash Crude-Grades largely firm even as U.S. oil stocks post surprise gains
July 30 (Reuters) - U.S. cash crude grades largely strengthened on Wednesday, dealers said, even as U.S. crude inventories posted a surprise rise. Key grade WTI Midland traded at 40 cents, unchanged from the previous session, while Mars Sour WTC-MRS firmed 30 cents.U.S. crude inventories rose by 7.7...Reuters
Wed, Jul 30
US Plains HRW Wheat-Basis flat as farmer selling increases slightly
CHICAGO, July 30 (Reuters) - Spot basis bids for hard red winter wheat were steady in a spot check of the southern U.S. Plains on Wednesday as some locations reported a slight increase in farmer's selling. Bangladesh's government has approved the purchase of about 220,000 metric tons of whe...Reuters
Wed, Jul 30
