News
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Argentina to ship corn to China next month in first since exports cleared
BUENOS AIRES, July 29 (Reuters) - Argentina, one of the world's largest grains suppliers, will next month send its first shipment of corn to China since Beijing green lit imports in 2023, according to data from local shipping agency NABSA seen by Reuters on Tuesday. The Association of A...Reuters
Tue, Jul 29
Mining giant Grupo Mexico reports Q2 profit up 10%
MEXICO CITY, July 29 (Reuters) - Mining and transportation conglomerate Grupo Mexico reported a second-quarter net profit that climbed 10%, coming in at $1.23 billion.Revenue for the group, a top copper producer, edged down 4%to $4.24 billion in the quarter, according to a filing dated Monday.Reuters
Tue, Jul 29
ANALYSIS-World Court climate opinion turns up the legal heat on governments
ICJ opinion implies governments can be sued for lack of climate actionICJ opinion says climate change is caused by man-made emissionsUS climate litigation may cite ICJ opinion despite mounting climate scepticism By Alison Withers and Stephanie van den Berg THE HAGUE, July 29 (Reuters) - A landmar...Reuters
Tue, Jul 29
Boeing CEO Ortberg Confident To Finish Q4 With Positive Cash Flow - CNBC Interview
July 29 (Reuters) - BOEING CEO ORTBERG: CONFIDENT TO FINISH Q4 WITH POSITIVE CASH FLOW - CNBC INTERVIEWBOEING CEO ORTBERG: WILL WORK WITH FAA IN Q3 TO TALK ABOUT INCREASING 737 MAX PRODUCTION RATEBOEING CEO ORTBERG - 777-9 CERTIFICATION WILL BE NEXT YEARBOEING CEO ORTBERG: 777-9 AIRPLANES CERTIFICAT...Reuters
Tue, Jul 29
CBOT Trends-Wheat down 7-8 cents, corn steady-down 1, soybeans steady-down 1
CHICAGO, July 29 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading on Tuesday. WHEAT - Down 7 to 8 cents per bushelWheat futures fell as harvests progressed and the dollar gained strength.The U.S. dollar rose as the Euro weakened in the wake of a...Reuters
Tue, Jul 29
Trump deciding trade deals by Aug. 1, Commerce Secretary Lutnick says
WASHINGTON, July 29 (Reuters) - U.S. President Donald Trump will make his trade deal decisions this week even as separate negotiations with China and the European Union continue, U.S. Commerce chief Howard Lutnick said on Tuesday ahead of Trump's self-imposed Aug. 1 deadline."We're going...Reuters
Tue, Jul 29
FACTBOX-What's in Trump's trade deal with Europe?
BRUSSELS, July 29 (Reuters) - The United States and the European Union agreed on a framework trade deal to end months of uncertainty for industries and consumers.The two sides aim to produce a joint statement to clarify what they have agreed to, but here are the main elements of the deal that will e...Reuters
Tue, Jul 29
Uber loses UK Supreme Court appeal over tax on rival apps
LONDON, July 29 (Reuters) - Uber's UBER.N rival taxi operators in England and Wales will not face a 20% VAT charge on their profit margins outside of London after the ride-hailing firm lost its appeal on Tuesday against a previous ruling.Uber had sought a declaration that rival private-hire taxi...Reuters
Tue, Jul 29
India's Waaree Energies says US anti-dumping probe won't derail solar ambitions
By Sethuraman N R July 29 (Reuters) - Indian solar panel maker Waaree Energies WAAN.NS said on Tuesday that it is "confident" about its exports to the United States and is prepared to address any potential anti-dumping investigation, after a coalition of solar manufacturers accused it of ...Reuters
Tue, Jul 29
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
Tue, Jul 29
Uber loses UK Supreme Court appeal over tax on rival apps
LONDON, July 29 (Reuters) - Uber's UBER.N rival taxi operators in England and Wales will not face a 20% VAT charge on their profit margins outside of London after the ride-hailing firm lost its appeal on Tuesday against a previous ruling. Uber had sought a declaration that rival private-h...Reuters
Tue, Jul 29
South Africa will seek new markets for its minerals if US imposes high tariffs, minister says
South Africa is world's top producer of PGMsMetals facing US probe that could lead to tariffsSouth Africa has fraught relationship with TrumpBy Nqobile Dludla JOHANNESBURG, July 29 (Reuters) - South Africa will need to seek out alternative markets for its critical minerals exports if the Unit...Reuters
Tue, Jul 29
RPT-COLUMN-Trump’s short fuse could set off Russian oil sanctions timebomb: Bousso
Trump shortens deadline for secondary tariffs on Russian oil exports to 10-12 daysPotential sanctions could severely disrupt global oil suppliesOPEC+ could increase output, but market uncertainty remains highBy Ron Bousso LONDON, July 29 (Reuters) - U.S. President Donald Trump unexpectedly sh...Reuters
Tue, Jul 29
DTE Energy misses second-quarter profit estimates on weak gas and energy trading income
July 29 (Reuters) - U.S. utility DTE Energy DTE.N missed Wall Street estimates for second-quarter profit on Tuesday, hurt by lower income from the gas and the energy trading segment.At the energy trading segment, which consists of energy marketing and trading operations, profit dropped 22.5% to $24 ...Reuters
Tue, Jul 29
PRECIOUS-Gold regains some ground as trade optimism fades; spotlight on Fed meeting
US, China hold new talks on tariff truceAsia shares ease, euro flatlines as tariff costs countedFed likely to leave rates unchanged on WednesdayBy Brijesh Patel July 29 (Reuters) - Gold prices rose on Tuesday as initial euphoria over the U.S.-EU trade truce ebbed, while investors looked forward t...Reuters
Tue, Jul 29
Boeing Says Unallocated Items, Eliminations, Other Includes Earnings Charge Of $445 Million Resulting From May 2025 Non-Prosecution Agreement With U.S. DOJ
July 29 (Reuters) - Boeing Co BA.N:BOEING Q2 OPERATING CASH FLOW USD 227 MILLIONBOEING Q2 ADJUSTED EPS USD -1.24 VERSUS. IBES ESTIMATE USD -1.48BOEING Q2 NET INCOME USD -612 MILLIONBOEING Q2 EPS USD -0.92BOEING Q2 REVENUE USD 22,749 MILLION VERSUS. IBES ESTIMATE USD 21,844 MILLIONBOEING Q2 ORDER BAC...Reuters
Tue, Jul 29
CORRECTED-Railroad operator Norfolk Southern's quarterly profit rises
July 29 (Reuters) - Norfolk Southern NSC.N reported a rise in its second-quarter profit on Tuesday, aided by higher revenue from improved volumes.The East Coast railroad operator's quarterly adjusted profit rose to $3.29 per share, from $3.06 per share a year earlier.Reuters
Tue, Jul 29
FACTBOX-Major rail mergers that reshaped the US freight network
July 29 (Reuters) - Union Pacific UNP.N said on Tuesday it would buy smaller rival Norfolk Southern NSC.N in an $85-billion deal to create the country's first coast-to-coast freight rail operator. Such mergers have historically reshaped the rail map, consolidating regional carriers...Reuters
Tue, Jul 29
