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Trump says US to impose 50% tariff on copper imports, copper futures jump
Commerce chief Lutnick: probe into US copper imports completeChile, Canada and Mexico are top US copper suppliersUS Comex copper futures jump 12%, hit record highBy Andrea Shalal, Jarrett Renshaw and Ernest Scheyder WASHINGTON, July 8 (Reuters) - President Donald Trump said he will announce a 50%...Reuters
Tue, Jul 8
Which countries restrict Brazilian chicken imports over bird flu?
July 8 (Reuters) - An outbreak of bird flu in Brazil, the world's largest chicken exporter, has prompted countries to implement trade restrictions in an effort to prevent the spread of the virus after Brazil confirmed its first case on a commercial farm in May.Brazil declared itself free of the ...Reuters
Tue, Jul 8
Trump says at least seven trade-related announcements coming Wednesday morning
July 8 (Reuters) - U.S. President Donald Trump said on Tuesday that he will announce something trade-related with at least seven countries on Wednesday morning, while additional countries will be named in the afternoon."We will be releasing a minimum of 7 Countries having to do with trade, tomor...Reuters
Tue, Jul 8
Air India Crash Investigation Focuses On Movement Of Engine Fuel Control Switches - Air Current
July 8 (Reuters) - AIR INDIA CRASH INVESTIGATION FOCUSES ON MOVEMENT OF ENGINE FUEL CONTROL SWITCHES - AIR CURRENTDATA AVAILABLE TO INVESTIGATORS DOES NOT INDICATE A MECHANICAL OR DESIGN ISSUE WITH 787 OR ITS TWO GE AEROSPACE GENX-1B ENGINES- AIR CURRENTSource text: https://tinyurl.com/ys9cs7azReuters
Tue, Jul 8
World's top copper producer Chile in wait-and-see mode after Trump tariff bombshell
Comex copper futures jumped after Trump's announcementChile foreign ministry says US did not notify it on tariffsGlobal copper demand seen rising 3% this year, Codelco saysChile sends most of its copper exports to ChinaBy Daina Beth Solomon and Fabian Cambero SANTIAGO, July 8 (Reuters) - Chil...Reuters
Tue, Jul 8
US Cash Grains-Soy, corn bids mostly flat as futures ease
CHICAGO, July 8 (Reuters) - Spot basis bids for corn and soybeans were mostly steady in a spot check of elevators, ethanol plants, other kinds of processors and river terminals in the U.S. Midwest on Tuesday, as futures for both commodities fell. One exception was the soybean basis at a processor in...Reuters
Tue, Jul 8
US Cash Crude-Mars flips to discount for first time in two weeks on quality issues
July 8 (Reuters) - Domestic crude grades broadly rose, with sour grade, Mars bucking the broader upward trend, flipping to a discount for the first time in two weeks due to zinc contamination. Any challenges to the quality of Mars, a popular offshore grade with U.S. refiners, could further tighten s...Reuters
Tue, Jul 8
Mars crude oil prices ease on zinc contamination, sources say
HOUSTON, July 8 (Reuters) - Zinc contamination in the Mars crude oil stream pushed down demand for the flagship U.S. coastal crude, slashing its prices on Tuesday, six traders and an industry source said. Any challenges to the quality of Mars, a popular offshore grade with U.S. refiners, could furt...Reuters
Tue, Jul 8
LIVESTOCK-CME cattle climb to contract highs on low US inventories
By Tom Polansek CHICAGO, July 8 (Reuters) - Chicago Mercantile Exchange live cattle and feeder cattle futures surged to contract highs on Tuesday due to tight domestic inventories.U.S. demand for beef remains strong while limited supplies of cattle continue to constrain meat production, analysts ...Reuters
Tue, Jul 8
Trump says US to impose 50% tariff on copper imports, copper futures jump
Commerce chief Lutnick: probe into US copper imports completeChile, Canada and Mexico are top US copper suppliersUS Comex copper futures jump 12%, hit record highBy Andrea Shalal, Jarrett Renshaw and Ernest Scheyder WASHINGTON, July 8 (Reuters) - President Donald Trump said he will announce a...Reuters
Tue, Jul 8
US Plains HRW Wheat-Basis bids flat as futures sag
CHICAGO, July 8 (Reuters) - Spot basis bids for hard red winter (HRW) wheat were flat in a spot check of locations in the U.S. Plains on Tuesday as futures continued to fall. An advancing U.S. harvest pressured K.C. hard red winter wheat futures. The U.S. Department of Agriculture reported the U.S. ...Reuters
Tue, Jul 8
CANADA-CRUDE-Discount on Western Canada Select narrows
July 8 (Reuters) - The discount on Western Canada Select to the North American benchmark West Texas Intermediate futures CLc1 narrowed on Tuesday.WCS for August delivery in Hardisty, Alberta, was trading at $10.25 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, compared to $10...Reuters
Tue, Jul 8
Exxonmobil Baytown Texas Refinery Reports Emissions Event On July 7
July 8 (Reuters) - Exxon Mobil XOM.N:REPORTS EMISSIONS EVENT ON JULY 7 AT BAYTOWN REFINERY, TEXAS REPORTS MALFUNCTION OF AN EMERGENCY BLOCK VALVE (EBV 3649) RESULTED IN SAFETY RELIEF VALVES LIFT TO ATMOSPHEREREPORTS ADJUSTMENTS WERE MADE TO RESEAT THE SAFETY RELIEF VALVESSOURCE: TEXAS COMMISSION ON ...Reuters
Tue, Jul 8
Texas project to build four nuclear plants is in talks with 'hyperscalers'
By Timothy Gardner WASHINGTON, July 8 (Reuters) - Fermi, a Texas company looking to build four nuclear plants next to a U.S. nuclear weapons complex, said in documents revealed on Tuesday that it is talking with large data managers on leasing agreements for the project. Fermi, co-founded by Rick ...Reuters
Tue, Jul 8
US issues expedited permit for proposed Tennessee coal mine
July 8 (Reuters) - The Trump administration said it permitted a proposed coal mine in Claiborne County, Tennessee on Tuesday under an expedited process aimed at accelerating federal environmental reviews of energy projects.In a statement, the Department of the Interior said it granted approval for H...Reuters
Tue, Jul 8
Trump says US to impose 50% tariff on copper imports, copper futures jump
Commerce chief Lutnick: probe into US copper imports completeChile, Canada and Mexico are top US copper suppliersUS Comex copper futures jump 12%, hit record highBy Andrea Shalal, Jarrett Renshaw and Ernest Scheyder WASHINGTON, July 8 (Reuters) - President Donald Trump said he will announce a...Reuters
Tue, Jul 8
French intelligence chief: no certainty on whereabouts of Iran's uranium stocks
PARIS, July 8 (Reuters) - France's intelligence chief said on Tuesday that all aspects of Iran's nuclear program have been pushed back several months after American and Israeli air strikes, but there is uncertainty over where its highly-enriched uranium stocks are. "The Iranian nuclear p...Reuters
Tue, Jul 8
ICE canola futures rebound on vegoils strength
WINNIPEG, Manitoba, July 8 (Reuters) - ICE canola futures rebounded on Tuesday from sharp losses on Monday, picking up strength from other vegoils.• November canola RSX5 settled up $7.30 at $704.10 per metric ton. Other new crop contracts rose a similar amount or slightly more. • Significant rains o...Reuters
Tue, Jul 8
Oil edges up to two-week high on lower US output forecast, renewed Red Sea attacks
US to produce less oil in 2025 than previously expected -EIAFour crew dead, at least two wounded in latest Red Sea attackTrump says he will impose 50% tariff on copper importsUS crude stockpiles seen down 2.1 mln bbls last week -pollComing Up: US oil inventory data from API and EIABy Scott DiSavino ...Reuters
Tue, Jul 8
