News
Important Only
RPT-COLUMN-Crop Watch: Producers set initial yield expectations as ratings rise: Braun
By Karen BraunNAPERVILLE, Illinois, July 7 (Reuters) - U.S. Crop Watch corn conditions have made unprecedented strides this season, though producers’ early thoughts on yield potential are only slightly better than in recent years.Their soybean expectations are relatively much more modest because of ...Reuters
Tue, Jul 8
RPT-COLUMN-Saudi plays short and long game with OPEC+ production gamble: Bousso
OPEC+ to increase output target by 2.5 million bpd between April and SeptemberSaudi has large spare production while others produce at capacityRiyadh's share of global oil production declined to 11% in 2024 from 13%By Ron Bousso LONDON, July 8 - Saudi Arabia's drive to rapidly increase OP...Reuters
Tue, Jul 8
Kremlin says it was shocked by tragic death of former minister that Putin fired
MOSCOW, July 8 (Reuters) - The Kremlin said on Tuesday that it was shocked by the sudden death of Russia's former transport minister Roman Starovoit, news of which broke hours after President Vladimir Putin had sacked him. Starovoit was found dead in his car outside Moscow with a gunshot wound a...Reuters
Tue, Jul 8
Malaysia trade ministry clarifies 25% US levy not on top of 10% baseline tariff
KUALA LUMPUR, July 8 (Reuters) - Malaysia's trade ministry on Tuesday said a 25% tariff rate on its exports to the United States was not on top of an existing base tariff of 10% imposed by Washington, clarifying earlier remarks by the country's plantations and commodities minister Johari Abd...Reuters
Tue, Jul 8
Ryanair sees strong summer, with surging bookings and higher fares
Ryanair sees strong bookings, rising prices for summerRecent heatwave has no influence on travelAims to treble traffic from Warsaw's Modlin airport by 2030By Anna Wlodarczak-Semczuk WARSAW, July 8 (Reuters) - Ryanair RYA.I said demand for travel this summer was showing no signs of cooling, wi...Reuters
Tue, Jul 8
Two crew dead after attack on Greek vessel in Red Sea, Liberian shipping delegation says
LONDON, July 8 (Reuters) - Two crew members of the Liberia-flagged, Greek-operated, bulk carrier Eternity C were killed after an attack by sea drones and speedboats off Yemen on Monday evening, Liberia's shipping delegation told a meeting of the UN shipping agency IMO on Tuesday. The deaths, the...Reuters
Tue, Jul 8
Cargo Therapeutics Enters Into Agreement To Be Acquired By Concentra Biosciences
July 8 (Reuters) - CARGO Therapeutics Inc CRGX.O:CARGO THERAPEUTICS ENTERS INTO AGREEMENT TO BE ACQUIRED BY CONCENTRA BIOSCIENCES FOR $4.379 IN CASH PER SHARE PLUS A CONTINGENT VALUE RIGHTCARGO THERAPEUTICS INC - TO BE BOUGHT BY CONCENTRA FOR $4.379 PER SHARE PLUS CVRCARGO THERAPEUTICS INC - CONCENT...Reuters
Tue, Jul 8
Indonesia palm oil exports to US may fall due to tariffs, industry group says
JAKARTA, July 8 (Reuters) - Indonesian palm oil exports to the United States may fall due to the 32% tariffs threatened on Indonesian goods, allowing competitors in Malaysia to gain market share, an industry official told Reuters on Tuesday. The two countries are the world's biggest palm oil ...Reuters
Tue, Jul 8
Willis launches $200 million cargo facility with Markel
By Navneeta NandanJuly 8 - (The Insurer) - Willis has launched a $200 million facility to cover the geopolitical exposures faced by cargo owners, the company said on Tuesday.The facility, known as Undercover, has been launched as a joint proposition with Markel.Willis said the facility offers cargo,...Reuters
Tue, Jul 8
Kremlin says former minister's suicide is shocking
MOSCOW, July 8 (Reuters) - The Kremlin said on Tuesday that the suicide of former Transport Minister Roman Starovoit just hours after his dismissal by President Vladimir Putin was shocking.Starovoit was found dead in his car outside Moscow with a gunshot wound and the principal hypothesis is that he...Reuters
Tue, Jul 8
EUROPE GAS-Prices edge up on slightly higher demand
LONDON, July 8 (Reuters) - Dutch and British wholesale gas prices edged up on Tuesday morning due to slightly higher demand but the supply side remains stable so they continue to trade in a narrow range.The benchmark Dutch contract for August delivery at the TTF hub TRNLTTFMc1 edged up by 0.09 euro ...Reuters
Tue, Jul 8
EXCLUSIVE-India aims to import about 10% of its cooking gas from US from 2026, say sources
By Nidhi Verma NEW DELHI, July 8 (Reuters) - India plans to source about 10% of its cooking gas imports from the U.S. beginning in 2026 as part of a broader effort to boost energy purchases to narrow its trade gap with Washington, four industry refining sources familiar with the matter said.The w...Reuters
Tue, Jul 8
Malaysia minister says 25% US levy is on top of 10% baseline tariff
KUALA LUMPUR, July 8 (Reuters) - Malaysia's Plantation and Commodities Minister Johari Abdul Ghani said on Tuesday a 25% tariff rate on its exports to the United States would be on top of an existing base tariff of 10% imposed by President Donald Trump's administration. Citing Malaysia's...Reuters
Tue, Jul 8
From 'fantastic' to 'spoiled': How Japan's trade effort to woo Trump backfired
Tokyo faces 25% tariffs on U.S. exports from Aug. 1Japan's negotiators tried to sway Trump with investmentsBut strategy unravelled as Trump railed against cars, riceBy Tamiyuki Kihara, Makiko Yamazaki and Yoshifumi Takemoto TOKYO, July 8 (Reuters) - When Japanese Premier Shigeru Ishiba first...Reuters
Tue, Jul 8
WTI drops to near $66.50 due to renewed tariff threats, rising OPEC+ supply
West Texas Intermediate (WTI) Oil price loses ground after registering more than 2% gains in the previous session, trading around $66.60 per barrel during the European hours on Tuesday. Crude Oil prices fall as renewed United States (US) tariff threats bolster concerns about the global Oil demand.
Fxstreet
Tue, Jul 8
BREAKINGVIEWS-India's green energy buyout portends dark clouds
By Shritama BoseMUMBAI, July 8 (Reuters Breakingviews) - Dark clouds are gathering over India's renewable energy boom. A global consortium last week raised its offer to take ReNew Energy RNW.O, the country's second-largest green power producer, private from New York. But the implied $10 bill...Reuters
Tue, Jul 8
Ryanair sees strong summer bookings, CEO says heatwave not deterring travel
By Anna Wlodarczak-Semczuk WARSAW, July 8 (Reuters) - Ryanair RYA.I is seeing strong bookings and rising prices for its summer season, with no signs that customers are delaying holidays due to a recent heatwave, Chief Executive Michael O'Leary said on Tuesday.O'Leary, whose airline source...Reuters
Tue, Jul 8
China Northern Rare Earth says exports recover somewhat in June
BEIJING, July 8 (Reuters) - China Northern Rare Earth 600111.SS said on Tuesday its export orders for rare earth products have recovered to some extent in June.The company, China's top producer of light rare earth products, is less affected by export controls, it added.Beijing added some medium ...Reuters
Tue, Jul 8
