News
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CANADA RESEARCH ROUNDUP-Athabasca Oil, Imperial Oil, TFI International
July 11 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Athabasca Oil, Imperial Oil and TFI International on Friday.HIGHLIGHTS * Athabasca Oil Corp ATH.TO: Scotiabank cuts to sector perform from sector outperform * Fairfax Financial Ho...Reuters
Fri, Jul 11
European wine may be left out of trade deal with U.S., lobby group says
PARIS, July 11 (Reuters) - European wines may not benefit from preferential treatment in any trade agreement between the EU and the administration of U.S. President Donald Trump, the industry's main lobby group said on Friday. "We are deeply concerned about the potential exclusion of wine fr...Reuters
Fri, Jul 11
EXCLUSIVE-Miners MMG, Hudbay warn Peru production at risk amid wildcat protests - sources
By Marco AquinoLIMA, July 11 (Reuters) - MMG and Hudbay Minerals executives met with Peru's cabinet chief Eduardo Arana on Thursday to warn that production at their copper mines could be affected if a two-week protest by informal miners along a major transit route continues, two sources with kno...Reuters
Fri, Jul 11
US natgas prices steady as rising LNG exports offset less hot forecasts
Hottest weather of summer coming next weekRecord output allows energy firms to grow storage surplusStockpiles at 6% over normal levelsBy Scott DiSavinoJuly 11 (Reuters) - U.S. natural gas futures held steady on Friday as rising flows to liquefied natural gas (LNG) export plants offset forecasts for ...Reuters
Fri, Jul 11
Tariffs to make Brazil beef exports to US unfeasible, industry group says
RIO DE JANEIRO, July 11 (Reuters) - The head of Brazil's beef industry group ABIEC said on Friday that the 50% tariff U.S. President Donald Trump threatened to impose on Brazilian goods would make it "economically unfeasible" for the South American country to export beef to the United St...Reuters
Fri, Jul 11
Wine lobby group urges EU to keep wine in U.S. trade talks
PARIS, July 11 (Reuters) - European wine lobby gourp CEEV said wine products might not receive preferential treatment in any potential trade agreement between the EU and the United States, urging the European Commission to defend the industry's interests."We are deeply concerned about the po...Reuters
Fri, Jul 11
TIMELINE-Trump trade war: Tariff deadlines and key upcoming events
July 11 (Reuters) - The twists and turns in U.S. President Donald Trump's tariff policies have not only rattled global financial markets but have also taken investors on a roller-coaster ride. Adding to the uncertainty are tariff-related legal challenges and Trump's assertion that he would h...Reuters
Fri, Jul 11
'All Crew Muslim': ships look to dodge Red Sea attacks with messages
Red Sea sailings down due to threat from Houthis Worries grow over more attacks after two ships sunkInsurance rates double in past weekBy Jonathan Saul LONDON, July 11 (Reuters) - Commercial ships still sailing through the Red Sea are broadcasting messages about their nationality and even religio...Reuters
Fri, Jul 11
Lightning strike causes tank fire at Citgo's Lake Charles refinery on Thursday
July 11 (Reuters) - Citgo Petroleum Corp PDVSAC.UL said a lightning strike started a fire at a storage tank at its 459,800-barrel-per-day Lake Charles refinery in Louisiana on Thursday.The blaze was quickly extinguished on Thursday, and there were no injuries, the company said in an email statement ...Reuters
Fri, Jul 11
GLOBAL LNG-Asian spot LNG prices inch up as hot weather boosts cooling demand
By Marwa RashadLONDON, July 11 (Reuters) - Asian spot liquefied natural gas (LNG) prices edged higher this week as a heatwave in Japan and North Korea spurred cooling demand, while industrial demand in China remained subdued. The average LNG price for August delivery into north-east Asia LNG-AS was ...Reuters
Fri, Jul 11
CBOT Trends-Wheat steady-down 3 cents, corn down 2-3, soy steady-down 4
CHICAGO, July 11 (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 Friday.Note: The U.S. Department of Agriculture is expected to release its monthly World Agricultural Supply and Demand Re...Reuters
Fri, Jul 11
EXCLUSIVE-Meta won't tweak pay-or-consent model further despite risk of EU fines, sources say
By Foo Yun Chee BRUSSELS, July 11 (Reuters) - Meta Platforms META.O is very unlikely to offer more changes to its pay-or-consent model, meaning it is almost certain to be hit by fresh EU antitrust charges and hefty daily fines, people with direct knowledge of the matter said on Friday.The Europea...Reuters
Fri, Jul 11
Trump tariff on Brazilian goods could jack up US burger price
US companies buy lean beef from Brazil to make hamburger meatTrump's plan for 50% duty would slash imports, analysts sayUS beef production has dropped due to tight cattle supplyBy Tom Polansek CHICAGO, July 10 (Reuters) - U.S. President Donald Trump's plan for a 50% tariff on goods from B...Reuters
Fri, Jul 11
Low NFIP take-up won't cover billions of dollars of US flash flood losses: Aon
By Navneeta NandanJuly 11 - (The Insurer) - The flash flooding that has affected counties across central Texas over the past week is expected to generate total economic losses reaching billions of U.S. dollars, Aon said on Friday.The flooding was caused by the lingering effects of Tropical Storm Bar...Reuters
Fri, Jul 11
'All Crew Muslim': ships look to dodge Red Sea attacks with messages
Red Sea sailings down due to threat from Houthis Worries grow over more attacks after two ships sunkInsurance rates double in past weekBy Jonathan Saul LONDON, July 11 (Reuters) - Commercial ships still sailing through the Red Sea are broadcasting messages about their nationality and even religio...Reuters
Fri, Jul 11
