News
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Chubu Elec still aims to complete review of offshore wind projects in summer
By Yuka Obayashi TOKYO, July 29 (Reuters) - Chubu Electric Power 9502.T said on Tuesday its C-Tech unit is still reviewing the feasibility of domestic offshore wind projects with its partner and aims to complete the assessment around this summer.In 2021, Mitsubishi Corp 8058.T, together with C-Te...Reuters
Tue, Jul 29
Russia-backed Nayara taps Indian IT firm after Microsoft suspends service, sources say
By Nidhi Verma NEW DELHI, July 29 (Reuters) - Russia-backed Indian refiner Nayara Energy, recently sanctioned by the European Union, has turned to domestic firm Rediff.com after the U.S. tech giant Microsoft MSFT.O suspended IT services, three sources familiar with the matter said.Nayara, which h...Reuters
Tue, Jul 29
Beijing's extreme rain 'trap' kills at least 30, displaces thousands
At least 30 people dead as extreme rain hits BeijingMore than 80,000 Beijing residents relocatedAt least eight dead, villages flooded on Monday in neighbouring regionsBy Liz Lee and Xiuhao ChenBEIJING, July 29 (Reuters) - Extreme weather killed at least 30 people in Beijing after a year's worth ...Reuters
Tue, Jul 29
METALS-Copper prices ease on caution amid tariff talks
By Lucas Liew July 29 (Reuters) - Copper prices slipped on both the London and Shanghai exchanges on Tuesday, as traders weighed U.S.-China negotiations and the talks between the world's top copper producer Chile and the U.S. over the latter's 50% copper tariffs from August 1.The three-m...Reuters
Tue, Jul 29
RPT-ANALYSIS-EU's $250 billion-per-year spending on US energy is unrealistic
EU pledges $250 bln/yr spend on U.S energy for three yearsWould require huge redirection of U.S. energy exportsAgreement not legally bindingEU companies, not the Commission or EU entities, buy energy By Kate Abnett and Arathy Somasekhar BRUSSELS/HOUSTON, July 28 (Reuters) - The European Union'...Reuters
Tue, Jul 29
Russia-backed Nayara taps Indian IT firm as Microsoft suspends service, sources say
By Nidhi Verma NEW DELHI, July 29 (Reuters) - Russia-backed Indian refiner Nayara Energy, recently sanctioned by the European Union, has turned to domestic firm Rediff.com after tech giant Microsoft MSFT.O suspended services, three sources familiar with the matter said.Nayara, which has condemned...Reuters
Tue, Jul 29
Iberdrola's Avangrid Signs PPA With Google For More Than 100 MW In Oregon
July 29 (Reuters) - Iberdrola SA IBE.MC:UNIT AVANGRID SIGNS POWER PURCHASE AGREEMENT (PPA) WITH GOOGLE FOR MORE THAN 100 MEGAWATTS (MW) OF ENERGY FROM 'LEANING JUNIPER IIB' PROJECTPROJECT, LOCATED IN GILLIAM COUNTY, OREGON, SUPPLIES POWER TO GOOGLE'S DATA CENTERS IN NEARBY THE DALLESPROJ...Reuters
Tue, Jul 29
India's Varun Beverages beat quarterly profit view as cost control cushions damp sales
July 29 (Reuters) - India's Varun Beverages VARB.NS reported second-quarter profit above market expectations on Tuesday, as cost control measures helped offset damp bottled beverage sales exacerbated by early monsoon rains. April-June is usually a strong quarter for packaged beverage makers, as ...Reuters
Tue, Jul 29
Spain's black olive exporters to struggle under fresh US tariffs
EU-US trade deal may impose 15% tariffs on Spanish black olivesSpanish black olive market share in US fell from 49% in 2017 to 19%Spanish exporters diversify markets, innovate to counter tariffsBy Corina Pons LA RODA DE ANDALUCIA, Spain, July 29 (Reuters) - Spain's black olive exporters, subj...Reuters
Tue, Jul 29
India's April-June finished steel imports fall nearly 30% as China, Japan shipments slow
By Neha Arora NEW DELHI, July 29 (Reuters) - India's finished steel imports dropped nearly 30% in the first three months of the financial year that started in April, due to a persistent fall in shipments from China and Japan, according to provisional government data reviewed by Reuters on Tue...Reuters
Tue, Jul 29
PRECIOUS-Gold hovers near 3-week low as trade war fears ebb, dollar firms
US, China hold new talks on tariff truceFederal Reserve's two-day policy meeting later in the dayFed likely to leave policy rate unchangedBy Anmol Choubey July 29 (Reuters) - Gold prices were little changed on Tuesday, hovering near a three-week low, as easing fears of a global tariff war and...Reuters
Tue, Jul 29
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
TECHNICALS-CBOT soybeans may fall into $9.98 to $10.03-3/4 range
For more technical analyses, please click SINGAPORE, July 29 (Reuters) - The CBOT soybean November contract SX25 may fall into a range of $9.98 to $10.03-3/4 per bushel, driven by a wave c.This wave has travelled below its 100% projection level of $10.12-1/4. It has a better chance of extending into...Reuters
Tue, Jul 29
Ukrainian drone attacks leave one dead, spark fire at train station in Rostov, Russia says
July 29 (Reuters) - Multiple Ukrainian drone attacks across Russia's southern Rostov region have left one person dead, sparked a fire and suspended train traffic at a railway station, Russian authorities said on Tuesday. Russia's defence ministry, which reports only how many drones were dest...Reuters
Tue, Jul 29
Gold price languishes near multi-week low as focus shifts to FOMC policy meeting
Gold price (XAU/USD) struggles to attract any meaningful buyers during the Asian session on Tuesday and remains within striking distance of a nearly three-week low, around the $3,300 neighborhood, touched the previous day.Fxstreet
Tue, Jul 29
METALS-Copper prices ease on caution amid tariffs talks
By Lucas Liew July 29 (Reuters) - Copper prices slipped on both London and Shanghai exchanges on Tuesday, as traders weighed ongoing U.S.-China negotiations and the talks between the world's top copper producer Chile and the U.S. over the latter's 50% copper tariffs on August 1.Three-mon...Reuters
Tue, Jul 29
