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SOFTS-Robusta coffee slips back towards recent 16-month low
LONDON, July 25 (Reuters) - Robusta coffee futures on ICE fell on Friday, slipping back towards a 16-month low set earlier this week, with supplies boosted by newly-harvested crops in Brazil and Indonesia.COFFEE* Robusta coffee LRCc2 was down 2.6% to $3,262 a metric ton at 1332 GMT, after setting a ...Reuters
Fri, Jul 25
Ukraine says Starlink's global outage hit its military communications
Ukraine's army relies on thousands of StarlinksCommander says drone missions disruptedOutage lasted over two hoursBy Max Hunder KYIV, July 25 (Reuters) - Starlink systems used by Ukrainian military units were down for two and a half hours overnight, a senior commander said, part of a global i...Reuters
Fri, Jul 25
CPUC Streamlines Electric Grid Connections for High-Energy Users
July 25 (Reuters) - CALIFORNIA PUBLIC UTILITIES COMMISSION (CPUC): * APPROVED INTERIM ELECTRIC RULE TO STREAMLINE AND ACCELERATE ELECTRIC GRID CONNECTIONS AT TRANSMISSION LEVEL FOR HIGH-ENERGY USERS SUCH AS ARTIFICIAL INTELLIGENCE (AI) DATA CENTERS AND ELECTRIC VEHICLE (EV)CHARGING STATIONS WITHIN P...Reuters
Fri, Jul 25
CBOT Trends-Wheat down 3-4 cents, corn down 2-3 cents, soybeans down 6-7
CHICAGO, July 25 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading on Friday.WHEAT - Down 3 to 4 cents per bushelWheat futures fell on expectations of ample global supplies as the Northern Hemisphere harvest progressed. However, the CBOT September co...Reuters
Fri, Jul 25
GRAINS-Wheat heads for weekly loss on ample supply
CANBERRA/PARIS, July 25 (Reuters) - Chicago wheat futures edged lower on Friday and were set to end the week down 1.2% as plentiful global supply from ongoing northern hemisphere harvests outweighed strong U.S. exports. Corn futures also weakened, heading for a 2% weekly fall amid expectations of a...Reuters
Fri, Jul 25
Gold suffers its third day of losses as EU-US trade prospects firm, US-China talks take focus
Gold is trading lower on Friday as risk appetite improves, trade tensions ease, and the US Dollar firms.At the time of writing, XAU/USD is hovering near $3,340, weighed down by rising US Treasury yields and fading demand for safe-haven assets.
Fxstreet
Fri, Jul 25
OPEC+ panel likely to keep oil policy steady on Monday, sources say
By Ahmad Ghaddar, Alex Lawler and Olesya Astakhova LONDON/MOSCOW, July 24 (Reuters) - An OPEC+ panel is unlikely to alter existing plans to raise oil output when it meets on Monday, four OPEC+ delegates said, noting the producer group is keen to recover market share while summer demand is helping...Reuters
Fri, Jul 25
PRECIOUS-Gold falls on firmer US dollar and rising trade optimism
EU says trade deal with US within reachTrump presses Federal Reserve Chair Powell to cut ratesBy Anmol Choubey July 25 (Reuters) - Gold prices fell on Friday, pressured by a recovery in the U.S. dollar and optimism over progress in trade talks between the United States and the European Union.Spot...Reuters
Fri, Jul 25
Usiminas: Q2 Net Profit 128 Million Reais
July 25 (Reuters) - Usinas Siderurgicas de Minas Gerais SA USIMINAS USIM5.SA:Q2 NET PROFIT 128 MILLION REAIS VERSUS IBES ESTIMATE 86.57 MILLION REAISQ2 NET REVENUE 6.63 BILLION REAIS VERSUS IBES ESTIMATE 6.55 BILLION REAISQ2 ADJUSTED EBITDA 408 MILLION REAIS VERSUS IBES ESTIMATE 517.36 MILLION REAIS...Reuters
Fri, Jul 25
Google partners with Italy's Energy Dome on zero-emission power supply
MILAN, July 25 (Reuters) - Italian energy storage firm Energy Dome said on Friday it had entered a commercial partnership with Google GOOGL.O to supply carbon-free energy to the grids that power the operations of the U.S. tech giant.As part of the agreement, Google has made a strategic investment in...Reuters
Fri, Jul 25
Phillips 66 beats second-quarter profit estimates
July 25 (Reuters) - Refiner Phillips 66 PSX.N beat Wall Street estimates for second-quarter profit on Friday, helped by higher refining margins.The company reported an adjusted profit of $2.38 per share for the three months ended June 30, compared with analysts' average estimate of $1.71 per sha...Reuters
Fri, Jul 25
Temporary reduction in Oil exports from Kazakhstan – Commerzbank
There was uncertainty once again this week about Oil supplies from Kazakhstan. This time, however, it was not about production levels, which are significantly higher than those agreed under the OPEC+ agreement, but about Oil exports.
Fxstreet
Fri, Jul 25
GLOBAL LNG-Asian spot prices slip to ten-week low on tepid demand, rising supply
By Emily Chow SINGAPORE, July 25 (Reuters) - Asian spot liquefied natural gas (LNG) prices slipped for a second consecutive week to a ten-week low, weighed down by tepid demand and increasing supply from new projects. The average LNG price for September delivery into north-east Asia LNG-AS was at...Reuters
Fri, Jul 25
SPECIAL REPORT-Musk ordered shutdown of Starlink satellite service as Ukraine retook territory from Russia
Musk's order disrupted Ukraine's 2022 counteroffensiveStarlink's outage caused communication blackouts for Ukrainian troopsMusk's geopolitical influence raises concerns among regulators and lawmakersBy Joey Roulette, Cassell Bryan-Low and Tom Balmforth KYIV, July 25 (Reuters) - Du...Reuters
Fri, Jul 25
Pumping systems maker Gorman-Rupp Q2 revenue beats estimates
OverviewGorman-Rupp Q2 2025 revenue rises 5.6%, beating analyst expectationsThe pumping systems manufacturer's adjusted EPS for Q2 misses analyst estimates, per LSEG dataRecord net income of $15.8 mlnOutlookCompany well positioned for second half of year with current backlogGorman-Rupp sees posi...Reuters
Fri, Jul 25
US natural Gas prices rebound on storage surprise – ING
US natural Gas prices rebounded after three days of losses, supported by a smaller-than-expected storage build. Lower inventory growth may signal tighter supply dynamics in the weeks ahead, ING's commodity experts Ewa Manthey and Warren Patterson note.Fxstreet
Fri, Jul 25
