News
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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
GRAINS-Chicago grains ease ahead of USDA report
Favourable US weather caps corn, soybean pricesWheat falls back after gains fuelled by Russian export snagsGrain traders await monthly USDA supply-demand reportBy Gus Trompiz and Naveen Thukral PARIS/SINGAPORE, July 11 (Reuters) - Chicago wheat, corn and soybean futures edged lower on Friday as f...Reuters
Fri, Jul 11
PRESS DIGEST-Canada - July 11
July 11 (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 MAILA Bank of Montreal senior economist has said that U.S. President Donald Trump's proposed copper tariffs will fal...Reuters
Fri, Jul 11
RPT-COLUMN-Thursday Tidbits: US corn exports and Brazil tariffs: Braun
By Karen Braun NAPERVILLE, Illinois, July 10 (Reuters) - U.S. corn exports and export sales are still on fire despite the imminent ramp-up of Brazil’s corn shipping season, and the U.S. government might need to up its export target yet again.Brazil was also making headlines in commodity markets o...Reuters
Fri, Jul 11
PRECIOUS-Gold gains on safe-haven demand as Trump expands trade war
Trump announces 35% tariff on CanadaFed's Daly says two rate cuts remain on table for this yearPalladium up more than 2%By Brijesh Patel July 11 (Reuters) - Gold prices rose for a third straight session on Friday, as U.S. President Donald Trump's announcement of new tariffs on Canada and ...Reuters
Fri, Jul 11
Sniffer dogs help Mexico fight the flesh-eating screwworm
Shelter dogs trained to sniff screwworms help protect livestockDogs part of Mexico's response as US closes border to cattle tradeMexico working to open sterile fly plant in 2026By Cassandra Garrison TECAMAC, Mexico, July 11 (Reuters) - With tail wagging, tongue out and ears perked, Hummer - a...Reuters
Fri, Jul 11
INSIGHT-How a US mission to push a Trump deal in Congo unravelled
Businessman heads Congo trip to try to free U.S. prisonersTeam of three runs foul of the authorities and has to fleeVenture shows how Washington works with unofficial envoysBy Jessica Donati DAKAR, July 11 (Reuters) - An Israeli-American businessman, a former State Department official and a d...Reuters
Fri, Jul 11
First Quantum says Prospect investment key to Zambia copper expansion
By Chris Mfula LUSAKA, July 11 (Reuters) - First Quantum Minerals' FM.TO recent investment in Prospect Resources PSC.AX is key to the extension of mine life at Zambia's Sentinel mine, FQM's country director Anthony Mukutuma said on Friday.The Canada-based company made a 15% investment...Reuters
Fri, Jul 11
World oil market may be tighter than it looks, IEA says
IEA sees 2025 demand growth slowing to 700,000 bpdRaises 2025 supply forecast after OPEC+ hikeSays price indicators suggest tighter physical marketBy Alex Lawler VIENNA, July 11 (Reuters) - The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surpl...Reuters
Fri, Jul 11
Kremlin says it can 'minimize' EU's proposed new oil price cap
MOSCOW, July 11 (Reuters) - The Kremlin said on Friday that it has good experience of tackling and minimising challenges, such as a floating Russian oil price cap, which could be introduced by the European Union.Four EU diplomats told Reuters on Thursday that the European Commission was expected to ...Reuters
Fri, Jul 11
Trump's Texas visit highlights an us-vs-them approach to disasters
Trump lauds Texas flood responseWhite House accuses Democrats of politicizing tragedyTrump has history of criticizing Democrats after disastersBy James Oliphant and Helen CosterWASHINGTON, July 11 (Reuters) - In the days since flash flooding killed at least 120 people in Texas, President Donald Trum...Reuters
Fri, Jul 11
Trump to visit Texas flood site amid questions about disaster response
Visit comes as government response faces scrutinyTexas flooding is deadliest disaster of second Trump termDozens of people still unaccounted forBy Nicole Jeanine Johnson WASHINGTON, July 11 (Reuters) - U.S. President Donald Trump is heading to central Texas on Friday to survey damage from the Jul...Reuters
Fri, Jul 11
Volkswagen to close jointly-owned China plant, reports Handelsblatt
BERLIN, July 11 (Reuters) - Volkswagen VOWG.DE and Chinese partner SAIC 600104.SS will close their joint plant in the Chinese city of Nanjing, German daily Handelsblatt reported on Friday, as the German carmaker loses market share in the world's largest car market.Production has already been hal...Reuters
Fri, Jul 11
