News
Important Only
Spain's renewable energy company Cox interested in Iberdrola's Mexican assets
MADRID, July 30 (Reuters) - Spanish renewable energy and water company Cox COXGA.MC is interested in buying Iberdrola's IBE.MC assets in Mexico, Chief Executive Nacho Moreno told Reuters on Wednesday."What I can tell you is that it is true that they are running a process to sell their Mexica...Reuters
Wed, Jul 30
REFILE-Microsoft restores services to Russia-backed Nayara Energy
July 30 (Reuters) - Microsoft MSFT.O has restored services to Russia-backed refiner Nayara Energy, the Indian company's lawyer told a New Delhi court, days after the U.S. tech giant terminated services due to European Union sanctions.Nayara has been forced to scale back operations at its 400,000...Reuters
Wed, Jul 30
PRECIOUS-Gold prices steady as investors await Fed policy decision
U.S.-China trade talks end in StockholmTrump to decide whether to extend truce, U.S. officials sayFederal Reserve policy decision due later in the dayBy Anmol Choubey July 30 (Reuters) - Gold prices were little changed on Wednesday as investors held back from making big bets ahead of the U.S. Fed...Reuters
Wed, Jul 30
Wind energy firm EDPR's profit falls 56% on lower capital gains
LISBON, July 30 (Reuters) - EDP Renovaveis EDPR.LS, the world's fourth-largest wind energy producer, said on Wednesday its first-half profit fell 56% due to much less capital gains than a year ago, despite rising sales on the back of solid growth in power production.EDP's EDP.LS renewables a...Reuters
Wed, Jul 30
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $68.72 per barrel, down from Tuesday’s close at $68.91.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $71.56 after its previous daily close at $71.75.
Fxstreet
Wed, Jul 30
Japan's LNG stockpiles down to 1.79 million T, lowest so far this year
TOKYO, July 30 (Reuters) - Liquefied natural gas (LNG) stockpiles held by major Japanese electric utilities fell to 1.79 million metric tons for the week ended on July 27, their lowest this year so far, official data showed on Wednesday. In the previous week, the stockpile was at 1.92 million tons, ...Reuters
Wed, Jul 30
RPT-COLUMN-Aluminium flows shift after Trump doubles down on tariffs: Andy Home
By Andy Home LONDON, July 29 (Reuters) - Canadian aluminium smelters have started diverting primary metal away from the United States in response to the ratcheting up of import tariffs, first to 25% in March and then to 50% in June. Alcoa Corp AA.N, which operates smelters on both sides of the bo...Reuters
Wed, Jul 30
FOCUS-Trump's tariffs give chocolate makers in Canada, Mexico an edge over US firms
Tariffs increase import costs for U.S. chocolate makers Canada, Mexico can export chocolate to the U.S. tariff freeU.S.-based Taza Chocolate considered moving production to CanadaData shows Canada chocolate exports to U.S. rose 10% this yearBy May Angel, Helen Reid and Jessica DiNapoli LONDON/NEW...Reuters
Wed, Jul 30
Tokyo Gas Executive - More Us LNG Projects Will Likely Receive Investment Approval Under Trump Administration, Which Would Be Beneficial For Us As It Increases Procurement Options
July 30 (Reuters) - Tokyo Gas Co Ltd 9531.T:TOKYO GAS EXECUTIVE: MORE US LNG PROJECTS WILL LIKELY RECEIVE INVESTMENT APPROVAL UNDER TRUMP ADMINISTRATION, WHICH WOULD BE BENEFICIAL FOR US AS IT INCREASES PROCUREMENT OPTIONSTOKYO GAS EXECUTIVE: US TARIFFS HAVE NOT AFFECTED PRODUCTION OF OUR MANUFACTUR...Reuters
Wed, Jul 30
Power grid damaged in Russia's Sakhalin as result of quake, RIA says
July 30 (Reuters) - A power grid has been damaged in Sakhalin as a result of the earthquake off the Kamchatka Peninsula, and electricity has been shut off, according to preliminary information, Russia's RIA news agency cited regional governor as saying on Wednesday.Reuters
Wed, Jul 30
PRESS DIGEST- Wall Street Journal - July 30
July 30 (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.- California-based Palo Alto Networks PANW.O is in talks to acquire Israeli company CyberArk Software CYBG.F in a deal that could value the I...Reuters
Wed, Jul 30
Gold price consolidates in $3,320-3,330 band; looks to Fed for meaningful impetus
Gold price (XAU/USD) seesaws between tepid gains/minor losses during the Asian session on Wednesday, warranting some caution before positioning for an extension of this week's bounce from the $3,300 neighborhood.Fxstreet
Wed, Jul 30
PRESS DIGEST- Financial Times - July 30
July 30 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- UK to recognise Palestinian state unless Israel ends Gaza crisis- Iconiq set to lead $5bn funding round for AI start-up Anthropic- Fre...Reuters
Wed, Jul 30
METALS-Copper edges up on trade truce hopes; tariff clarity expected on August 1
By Lucas Liew July 30 (Reuters) - Copper prices ticked higher on both the London and the Shanghai exchanges on Wednesday, as investors were hopeful for a possible extension of the U.S.-China trade truce even as the market awaited more clarity on the August 1 tariff deadline.Three-month copper on...Reuters
Wed, Jul 30
CORRECTED-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
Wed, Jul 30
Ionic Rare Earths Says Ramping Up Production Of Dysprosium Oxide And Terbium Oxide At Belfast Plant
July 30 (Reuters) - Ionic Rare Earths Ltd IXR.AX:RAMPING UP PRODUCTION OF DYSPROSIUM OXIDE AND TERBIUM OXIDE AT BELFAST PLANTRAMPING UP IN RESPONSE TO URGENT SUPPLY REQUESTS FROM US, EUROPEAN AND ASIAN MARKETReuters
Wed, Jul 30
Oil steady after big gains on Trump's Russia ultimatum
By Colleen Howe BEIJING, July 30 (Reuters) - Oil prices ticked up in early trading on Wednesday after rising more than 3% in the previous session as potential supply shortages came into focus after U.S. President Donald Trump gave Moscow an abbreviated deadline toward ending the war in Ukraine.Br...Reuters
Wed, Jul 30
