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PRESS DIGEST-Canada - August 19
Aug 19 (Reuters) - The following are the top stories from The Globe and Mail. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL- Canadian armoured-vehicle maker Roshel is partnering with Swedish steel producer Swebor to manufacture ballistic-grade steel ...Reuters
Tue, Aug 19
India suspends cotton import duty in signal to US, relief for garment industry
India suspends 11% cotton import duty until Sept. 30 Move follows U.S. tariff hike to 50% on Indian goodsIndustry sought relief; waiver may be extendedSignals India's bid to stay competitive vs China, Bangladesh By Nikunj Ohri and Manoj Kumar NEW DELHI, Aug 19 (Reuters) - India has suspended ...Reuters
Tue, Aug 19
Chinese refiners sweep up Russian oil after Indian demand falls, analysts say
China buys 15 Russian oil cargoes for October-November deliveryIndian demand for Russian oil declines as discounts narrow in JulyTrump threatens retaliatory tariffs against Russian oil buyers By Siyi Liu SINGAPORE, Aug 19 (Reuters) - Chinese refineries have purchased 15 cargoes of Russian oil for...Reuters
Tue, Aug 19
Expanding Erin raises risk of tropical storm winds along Atlantic coast
By Scott VincentAug 19 - (The Insurer) - Hurricane Erin is expected to substantially grow in size as it moves over the western Atlantic over the coming days, the National Hurricane Center has warned.The storm is forecast to remain offshore on a track between the U.S. Atlantic coast and Bermuda, acco...Reuters
Tue, Aug 19
Gold price between Ukraine hopes and waiting for Jackson Hole – Commerzbank
The price of Gold reacted inconclusively yesterday to Friday's summit meeting between the US and Russian presidents in Alaska. The results of the talks that were made public remained too vague to indicate any progress in efforts to end the war in Ukraine.Fxstreet
Tue, Aug 19
US government steps up criticism of India over purchases of Russian Oil – Commerzbank
The White House's trade adviser, Navarro, harshly criticized India for its purchases of Russian Oil in an opinion piece in the Financial Times, Commerzbank's commodity analyst Carsten Fritsch notes.Fxstreet
Tue, Aug 19
Facing Trump tariffs, India's shrimp farmers consider switching to other businesses
India is biggest supplier of shrimp to US; 50% tariff hits hardShrimp orders to US halted after tariff threat, exporters sayFarmers in India look for other ways to make moneyEcuador sees potential to expand in US if India's exports fallBy Rishika Sadam and Yury Garcia HYDERABAD, India/GUAYAQU...Reuters
Tue, Aug 19
Trump's tariffs are leaving Black beauty businesses in peril
Black beauty salons and wholesalers have been hit hard by tariffsPrices of Chinese-made hair extensions have skyrocketedSmall beauty businesses are forced to pass costs on to customersBy Arriana McLymore, Jayla Whitfield-Anderson and Julio-Cesar ChavezPHILADELPHIA/ SMYRNA, Georgia Aug 19 (Reuters) -...Reuters
Tue, Aug 19
EUROPE GAS-Prices rangebound as market awaits clarity on Ukraine peace talks
LONDON, Aug 19 (Reuters) - Dutch and British wholesale gas prices traded in a narrow range on Tuesday morning as the market awaits clarity on Ukraine peace talks following the meeting between U.S. President Trump, Ukraine's President Zelenskiy and European leaders. The benchmark Dutch front-m...Reuters
Tue, Aug 19
Russia says it struck oil refinery supplying Ukrainian forces in eastern Ukraine
MOSCOW, Aug 19 (Reuters) - Russian troops carried out an overnight strike on an oil refinery supplying fuel to the Ukrainian army in eastern Ukraine, the defence ministry said on Tuesday.The ministry did not disclose the location of the facility.Reuters
Tue, Aug 19
Exclusive: Aon retains Puerto Rico government's parametric program after competitive tender
By Henry Gale and Chris MunroAug 19 - (The Insurer) - The government of Puerto Rico has again appointed Aon to provide it with catastrophe insurance to meet requirements from the Federal Emergency Management Agency (FEMA) following a competitive tender process for the program.Aon had previously been...Reuters
Tue, Aug 19
TABLE-North Sea gas maintenance schedule: Adds St Fergus outages
Aug 19 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUTAG...Reuters
Tue, Aug 19
More rain in northern China takes death toll in floods to 13
BEIJING, Aug 19 (Reuters) - At least three more people have died in heavy rains in northern China, state media said on Tuesday, taking to 13 the death toll in recent storms across the region, with five still missing and no let-up in rain forecast.Downpours heavier than usual have battered parts of C...Reuters
Tue, Aug 19
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $62.21 per barrel, down from Monday’s close at $62.56.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $65.74 after its previous daily close at $66.10.Fxstreet
Tue, Aug 19
