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Acerinox, shielded by tariffs, eyes price hikes for US business
By Javi West Larrañaga July 24 (Reuters) - Steelmaker Acerinox ACX.MC, whose U.S. business is a big beneficiary of President Donald Trump's tariffs, is looking into raising some prices in the market, though no notable changes are expected before late September, its management said on Thursday...Reuters
Thu, Jul 24
REFILE-EU may need to reduce openness to Chinese imports without more reciprocity, von der Leyen says
BEIJING, July 24 (Reuters) - European Commission President Ursula von der Leyen suggested on Thursday that the EU may need to reduce its level of openness to Chinese imports without more reciprocity from Beijing, adding that Chinese leaders had started to look into this issue and expressed their wil...Reuters
Thu, Jul 24
CANADA RESEARCH ROUNDUP-Cameco, Highlander Silver, Kraken Robotics
July 24 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Cameco, Highlander Silver and Kraken Robotics on Thursday.HIGHLIGHTS * Cameco Corp CCO.TO: National Bank of Canada raises target price to C$110 from C$100* Highlander Silver Corp ...Reuters
Thu, Jul 24
Attackers fire on Comoros-flag ship in Red Sea near Yemen
DUBAI, July 24 (Reuters) - People in a wooden boat opened fire on a Comoros-flagged livestock carrier in the Red Sea near Yemen on Thursday, and the vessel was detained by the Yemeni Coast Guard, according to the United Kingdom Maritime Trade Operations (UKMTO). A maritime security official...Reuters
Thu, Jul 24
Dover raises annual profit forecast on strong product demand, data center strength
July 24 (Reuters) - Industrial equipment maker Dover DOV.N raised its full-year profit forecast on Thursday, citing robust product demand and sustained momentum in aerospace, defense and data center markets. The Downers Grove, Illinois-based company now expects adjusted profit for 2025 between $...Reuters
Thu, Jul 24
PRECIOUS-Gold extends losses after trade deal hopes curb safe-haven demand
EU, US near potential deal with possible 15% tariff, EU diplomats sayTrump to visit Federal Reserve on ThursdayECB rate decision due later in the dayBy Anmol Choubey July 24 (Reuters) - Gold prices extended losses on Thursday from the previous session as easing trade tensions increased risk senti...Reuters
Thu, Jul 24
RPT-BREAKINGVIEWS-Coke bottles bitter US economic formula
By Jennifer Saba NEW YORK, July 23 (Reuters Breakingviews) - Mexico is a frequent target of Donald Trump’s ire, but he prefers the Coke sold there. After holding conversations with the president, Coca-Cola KO.N unveiled plans to roll out a version of its signature soda using cane sugar, as it is...Reuters
Thu, Jul 24
COLUMN-Copper's physical tariff trade is rapidly unwinding: Andy Home
By Andy Home LONDON, July 24 (Reuters) - U.S. President Donald Trump sprang a double surprise on the copper market when he announced import tariffs of 50% effective next month. The market was betting that tariffs would be set lower and come with a longer lead-time. The futures market is rapidly r...Reuters
Thu, Jul 24
TotalEnergies can maintain $2 billion buybacks with $70 oil, says CEO
PARIS, July 24 (Reuters) - TotalEnergiesTTEF.PA can maintain share buybacks worth $2 billion each quarter with oil at $70 per barrel, said chief executive Patrick Pouyanne on Thursday.Pouyanne was responding to analyst questions after the company confirmed share buybacks for the third quarter, desp...Reuters
Thu, Jul 24
GRAINS-Wheat recoups some losses, but ample supply caps gains
CANBERRA/PARIS, July 24 (Reuters) - Chicago wheat futures on Thursday clawed back some of their losses from a day before, although expectations of plentiful global supply limited the recovery and held prices near recent lows. Corn futures rose slightly, but forecasts for crop-friendly rain in U.S. g...Reuters
Thu, Jul 24
Sterigenics Enters Term Sheet To Resolve 129 Ethylene Oxide Claims
July 24 (Reuters) - Sotera Health Co SHC.O:SOTERA HEALTH- STERIGENICS ENTERS TERM SHEET TO RESOLVE 129 ETHYLENE OXIDE CLAIMSSOTERA HEALTH CO - STERIGENICS TO PAY $34 MILLION, CLAIMS DISMISSED - SEC FILINGSOTERA HEALTH CO - SETTLEMENT PROCESS EXPECTED TO REQUIRE 60-90 DAYS - SEC FILINGSource text: [I...Reuters
Thu, Jul 24
PRESS DIGEST-Canada - July 24
July 24 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAILTeck Resources TECKb.TO said that it is going ahead with an extension of its Highland Valley Copper Mine development...Reuters
Thu, Jul 24
EXCLUSIVE-Rio Tinto weighs sale of titanium business, sources say
Future of titanium unit likely to be among first decisions of incoming CEO Trott Trott's vision for Rio includes focus on streamlining core businesses, sources sayGlobal iron ore operations likely be grouped together, sources sayBy Clara Denina, Ernest Scheyder and Melanie Burton July 24 (Reu...Reuters
Thu, Jul 24
Britain's biggest pension scheme to lobby governments more on climate
USS IM manages $106 billion for higher-education staffCEO Pilcher says policy change crucial for faster actionCorporates will change 'when it's sane for them to do that'By Simon Jessop and Iain Withers LONDON, July 24 (Reuters) - Britain's biggest private sector pension scheme pla...Reuters
Thu, Jul 24
TotalEnergies CEO says stake sales in renewable assets to generate $1.5 billion
PARIS, July 24 (Reuters) - TotalEnergiesTTEF.PA is working on the sale of stakes in renewable energy assets in France, Germany and the U.S., which it expects to generate around $1.5 billion, chief executive Patrick Pouyanne told analysts on Thursday.The company earlier reported that its integrated p...Reuters
Thu, Jul 24
CenterPoint Energy misses profit estimate on higher costs
July 24 (Reuters) - U.S. electric and gas utility CenterPoint Energy's CNP.N second-quarter profit was just shy of analysts' estimate on Thursday, weighed down by higher expenses.The country's electrical grids have been facing an onslaught of extreme weather and ballooning demand from el...Reuters
Thu, Jul 24
RPT-COLUMN-Converging Exxon and Chevron operations could spur next mega-merger: Bousso
Recent deals create overlap in Exxon, Chevron operationsGrowing volatility in energy transition to increase incentive to consolidateExxon and Chevron share large oil and gas operations in U.S. and Guyana, Kazakhstan and moreBy Ron Bousso LONDON, July 24 (Reuters) - Exxon Mobil and Chevron's r...Reuters
Thu, Jul 24
US, Indonesia discussing strategic management of critical minerals trade, minister says
By Stefanno SulaimanJAKARTA, July 24 (Reuters) - The United States and Indonesia are discussing joint measures to monitor and manage trade in Indonesian critical minerals that have strategic value, an Indonesian minister said on Thursday as he gave details of ongoing talks between the two countries....Reuters
Thu, Jul 24
