News
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Ivory Coast 2025 cashew output could hit record 1.5 million tons, regulator says
By Loucoumane Coulibaly and Ange Aboa ABIDJAN, July 15 (Reuters) - Ivory Coast's cashew output could reach a record 1.5 million metric tons in 2025, helped by the West African country's increased fight against smuggling, the head of the regulator said on Tuesday.The world's top cashew...Reuters
Tue, Jul 15
METALS-Copper edges up after China's strong industrial production
Availability of copper in the LME system rises Discount for LME cash copper versus 3-month contract widensBy Polina Devitt LONDON, July 15 (Reuters) - Copper prices edged up on Tuesday as support from strong industrial production data in top metals consumer China offset rising available inventori...Reuters
Tue, Jul 15
New Brazil beef shipments to US under analysis by meatpackers, industry group says
SAO PAULO, July 15 (Reuters) - Brazilian meatpackers are weighing whether to make new shipments of beef products to the United States after President Donald Trump announced a 50% tariff on Brazil last week, Roberto Perosa, president of Brazilian beef lobby ABIEC, told Reuters on Tuesday.Reuters
Tue, Jul 15
Informal miners lift blockades along Peru's key copper route, protest leader says
LIMA, July 15 (Reuters) - Informal miners in Peru have paused their more-than-two-week-long protest that blocked a major copper transit route, one of the protest leaders, Luis Huaman, told Reuters on Tuesday. He said they planned to suspend the protest at least through Friday, while continuing to pr...Reuters
Tue, Jul 15
Four injured after fire at Chevron Pascagoula, Mississippi refinery, local media reports
July 15 (Reuters) - Four workers were injured after a fire at Chevron's 356,440 barrels-per-day (bpd) Pascagoula, Mississippi refinery on Monday, a local media reported on Tuesday. An incident at the refinery’s wastewater treatment led to the fire, the report added, citing a company spokesperson...Reuters
Tue, Jul 15
EXCLUSIVE-Putin, unfazed by Trump, will fight on and could take more of Ukraine
Putin will fight on until West engages with his terms, sources say Putin's appetite for territory may increase as Russia advances, sources sayTrump on Monday promised arms to Ukraine, threatened sanctions on RussiaSources close to Kremlin say economic pressure will not force Putin to change cour...Reuters
Tue, Jul 15
FTC denies petition to reopen, set aside Exxon-Pioneer order
July 15 (Reuters) - The Federal Trade Commission denied a request by Scott Sheffield, the founder and former CEO of Pioneer Natural Resources, to reopen and set aside a final consent order involving ExxonMobil's XOM.N acquisition of Pioneer, the commission said on Tuesday.The commission ruled to...Reuters
Tue, Jul 15
CORRECTED-US nuclear regulator asks job seekers political questions
Independent agency posting asks about upholding Executive OrdersCritics say questions amount to litmus testTrump seeks to speed nuclear power plant approvalsBy Timothy Gardner WASHINGTON, July 14 (Reuters) - A job notice posted by the U.S. nuclear power regulator asks applicants political questio...Reuters
Tue, Jul 15
Blackstone to invest $25 bln in Pennsylvania data centers and natural gas plants, COO says
July 15 (Reuters) - Blackstone plans to invest $25 billion in developing data centers and power plants in Pennsylvania, President and Chief Operating Officer Jon Gray said at a panel at the Energy and Innovation Summit in Pittsburgh on Tuesday. Blackstone had identified several sites to build the en...Reuters
Tue, Jul 15
Blackstone to invest $25 bln in data centers and natural gas plants, COO says
July 15 (Reuters) - Asset management firm Blackstone will announce on Tuesday a $25 billion investment in data centers and energy infrastructure in Pennsylvania, Chief Operating Officer Jon Gray said at a panel at the Energy and Innovation Summit in Pittsburgh. Gray said Blackstone had identified se...Reuters
Tue, Jul 15
US strikes trade deal with Indonesia, Trump says, without providing details
WASHINGTON, July 15 (Reuters) - President Donald Trump said on Tuesday that the United States had struck a trade deal with Indonesia."Great deal, for everybody, just made with Indonesia. I dealt directly with their highly respected President. DETAILS TO FOLLOW!!!" Trump said in a post on Tru...Reuters
Tue, Jul 15
CBOT Trends-Wheat down 3-5 cents, corn down 2-5, soybeans steady-down 2
CHICAGO, July 15 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Tuesday. WHEAT - Down 3 to 5 cents per bushelWheat futures are lower on U.S. winter crop harvest pressure and improved...Reuters
Tue, Jul 15
Goldman sees short-term dip in copper as US tariff impact eases global supply crunch
July 15 (Reuters) - Goldman Sachs expects copper prices to dip in the short term, as global supply pressures ease following a rush of shipments into the U.S. ahead of a 50% import tariff set to take effect on August 1, the bank said in a note on Tuesday. The Wall Street bank lowered its Augus...Reuters
Tue, Jul 15
US natgas prices ease on less hot forecasts, lower demand
NHC sees 40% chance of Gulf of Mexico storm over next weekWeather to remain hotter than normal through late JulyGas stockpiles seen around 6% over normal levels and growingBy Scott DiSavino July 15 (Reuters) - U.S. natural gas futures eased on Tuesday on forecasts for less hot weather over the ne...Reuters
Tue, Jul 15
OPEC says world economy may do better in second half of year
Demand growth forecasts left unchangedSays Kazakhstan output still above OPEC+ quotaSays refinery intake to stay elevated to meet summer fuel demandBy Alex Lawler LONDON, July 15 (Reuters) - OPEC said the global economy may perform better than expected in the second half of the year despite trade...Reuters
Tue, Jul 15
PRESS DIGEST-Canada - July 15
July 15 (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 MAIL** U.S. dairy exporters are demanding Canada rewrite its rules around who can import cheese, milk and other products...Reuters
Tue, Jul 15
Namib Minerals plans to spend $300 million to restart Zimbabwe mines
By CHRIS TAKUDZWA MURONZI HARARE, July 15 (Reuters) - Namib Minerals NAMM.O plans to spend $300 million to restart operations at two of its mothballed gold mines in Zimbabwe and lift production, its chief executive Ibrahima Tall told Reuters on Tuesday. Namib Minerals owns three gold mines in Zim...Reuters
Tue, Jul 15
PRECIOUS-Gold firms as trade tensions buoy safe-haven demand; US CPI data in focus
US CPI data due at 1230 GMTEU threatens countermeasures over US tariffsTrump urges Ukraine to consider striking Moscow Silver hovers near 14-year peakBy Anushree Mukherjee July 15 (Reuters) - Gold prices firmed on Tuesday as concerns over the global trade war fuelled demand for safe-haven assets,...Reuters
Tue, Jul 15
