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Huge quake rocks Russia's Far East, triggering tsunami warnings around Pacific
8.8 magnitude quake strikes near city of Petropavlovsk-KamchatskyTsunami of 3-5 metres recorded in Kamchatka PeninsulaTsunami waves reach French Polynesia but smaller than fearedWarnings issued, then downgraded in Japan, HawaiiGalapagos Islands order evacuations as tsunami warnings rock Pacific J...Reuters
Wed, Jul 30
CORRECTED-Argentine exporter to ship corn to Vietnam in August, maritime agency says
BUENOS AIRES, July 29 (Reuters) - Argentine exporter ACA will ship 24,718 metric tons of corn to Vietnam from one of its terminals in the port area of Quequen, according to data from local shipping agency NABSA seen by Reuters on Tuesday.Argentina is the world's third-largest corn exporter.Reuters
Wed, Jul 30
Silver Price Forecast: XAG/USD tests key support at $37.50 ahead of Fed decision
Silver (XAG/USD) drifts lower on Wednesday, hovering around $37.50 after two days of muted, range-bound trading, pressured by renewed strength in the US Dollar (USD). The Greenback extended its rally after a string of stronger-than-expected US economic data, putting pressure on precious metals.
Fxstreet
Wed, Jul 30
Coffee chain Black Rock Coffee confidentially files to go public, sources say
By Abigail Summerville and Echo Wang NEW YORK, July 30 (Reuters) - Black Rock Coffee Bar has filed confidentially for an initial public offering in New York that could value the cafe chain at more than $1 billion, according to four people familiar with the matter.The founder-owned restaurant has ...Reuters
Wed, Jul 30
French Finance Minister: EU negotiating strategy with US was not vigorous enough
PARIS, July 30 (Reuters) - French finance minister Eric Lombard told reporters on Wednesday that the European Union's negotiating strategy with the U.S. on trade, which led to a framework deal for the U.S. to impose 15% tariffs on most EU goods, had not been vigorous enough."There is the iss...Reuters
Wed, Jul 30
US jet fuel demand hits highest since December 2017, EIA says
NEW YORK, July 30 (Reuters) - U.S. jet fuel demand rose by 411,000 barrels per day (bpd) in the week ended July 25 to nearly 2.1 million bpd, its highest since December 2017, data from the Energy Information Administration showed on Wednesday. The four-week average demand for jet fuel was up 90,0...Reuters
Wed, Jul 30
Chevron granted restricted U.S. license to operate in Venezuela, sources say
HOUSTON, July 30 (Reuters) - U.S. oil producer Chevron CVX.N has been granted a restricted U.S. license to operate in sanctioned Venezuela, three sources close to the decision said on Wednesday, adding that no money from oil proceeds can be transferred in any way to the administration of President N...Reuters
Wed, Jul 30
Bunge Q2 profit beats estimates after soy crush margin rebound
Soy crush margins improved late in Q2 on soybean price drop, soyoil price rallyTrade tensions, biofuel policy uncertainty impact agribusiness profitsBunge maintains 2025 EPS outlook of $7.75Bunge to update guidance before Q3 results to include Viterra mergerBy Karl Plume July 30 (Reuters) - U.S. ...Reuters
Wed, Jul 30
Possible tariff exemption for spirits, wine unclear, French agricultural minister says
PARIS, July 30 (Reuters) - French agricultural minister Annie Genevard told reporters on Wednesday that little information was available on EU-US trade talks but she had heard there could be a tariff exemption for spirits.Genevard, speaking after a meeting at the economy ministry with sectors affect...Reuters
Wed, Jul 30
Sanctions risk and CTA flows lift oil prices – TDS
WTI and Brent crude rose on sanctions fears and heavy CTA buying, but positioning limits in WTI and rising global supply suggest limited upside. Prices may ease after summer as OPEC+ and US output continue to grow, TDS' Senior Commodity Strategist Daniel Ghali notes.
Fxstreet
Wed, Jul 30
Russia expects IAEA chief to visit Moscow in late September, TASS reports
MOSCOW, July 30 (Reuters) - Russia expects International Atomic Energy Agency Director General Rafael Grossi to visit Moscow in late September, the state-run TASS news agency reported on Wednesday, citing Alexei Likhachev, head of the Russian nuclear power corporation Rosatom.Reuters
Wed, Jul 30
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
Russia's Rosatom launches pilot uranium processing plant in Tanzania
MOSCOW, July 30 (Reuters) - A subsidiary of Russia's state nuclear corporation Rosatom has launched a pilot uranium processing plant at the Mkuju River project in southern Tanzania, Rosatom said on Wednesday.Built by Mantra Tanzania Ltd at the Nyota deposit, the facility is designed to gather da...Reuters
Wed, Jul 30
U.S. natgas futures ease as production rises, softer demand
July 30 (Reuters) - U.S. natural gas futures fell on Wednesday as higher production and forecasts for milder weather that are expected to reduce cooling demand weighed on prices.Front-month gas futures for September delivery NGc1 on the New York Mercantile Exchange were down 10.30 cents, or 3.3%, to...Reuters
Wed, Jul 30
EU wheat rises, supported by high Russian prices
PARIS/HAMBURG, July 30 (Reuters) - European wheat edged higher on Wednesday after a big fall in the previous session, supported by strong Russian prices and concerns about Germany's wheat crop.Benchmark September milling wheat BL2U5 on Paris-based Euronext was up 0.4% at 1335 GMT to 197.50 euros...Reuters
Wed, Jul 30
Citigroup names Arnould Fremy head of UK, EMEA transportation, memo shows
July 30 (Reuters) - Citigroup C.N has appointed Arnould Fremy as head of UK, Europe and Middle East & Africa transportation, according to an internal memo seen by Reuters on Wednesday.Fremy, who will be based in London, joins from UBS UBSG.S, where he was global head of transportation.In his new...Reuters
Wed, Jul 30
CBOT Trends-Wheat down 3-5 cents, corn steady-down 1, soybeans down 3-5
CHICAGO, July 30 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading on Wednesday. WHEAT - Down 3 to 5 cents per bushelWheat futures fell as harvests progressed but were supported by a large U.S. wheat purchase by Bangladesh.Bangladesh signed a dea...Reuters
Wed, Jul 30
Bangladesh to buy 220,000 tons of US wheat to cool tariff tension
By Ruma Paul DHAKA, July 30 (Reuters) - Bangladesh's government has approved the purchase of about 220,000 metric tons of wheat from the United States as part of efforts to cool trade tensions and reduce steep import tariffs imposed by President Donald Trump's administration, a Dhaka offi...Reuters
Wed, Jul 30
