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Canada could financially back aluminum producers if 50% U.S. tariffs persist, trade group says
Canada discusses financial support for aluminum producers amid U.S. tariffsAluminum Association of Canada CEO highlights potential financial impact of tariffsHalf of U.S. aluminum imports come from Canada, majorly affected by tariffsTrump's tariff hike aims to boost U.S. domestic production M...Reuters
Sun, Jul 6
Death toll from Texas floods rises to 43, many still missing
July 5 (Reuters) - The death toll from the floods in central Texas has risen to 43 from 32, Kerr County Sheriff Larry Leitha said at a news conference on Saturday.Among the missing are 27 young girls from the Camp Mystic summer camp. Kerrville city manager Dalton Rice said there could be more people...Reuters
Sat, Jul 5
Death toll from Texas floods rises to 32 from 27, sheriff says
July 5 (Reuters) - The death toll from the floods in central Texas has risen to 32 from 27, Kerr County Sheriff Larry Leitha said at a news conference on Saturday."We have recovered some additional bodies... there's 32 deceased, 18 of those are adults and 14 are children," he said.Reuters
Sat, Jul 5
Homeland Security secretary says Trump to honor disaster declaration request after Texas floods
July 5 (Reuters) - U.S. Homeland Security Secretary Kristi Noem said on Saturday that President Donald Trump would honor a request for disaster declaration after flash floods in central Texas left at least 27 dead.Reuters
Sat, Jul 5
Petrobras weighs options for Polo Bahia onshore fields, including sale, says CEO
By Rodrigo Viga GaierRIO DE JANEIRO, July 5 (Reuters) - Brazil's state-run oil firm Petrobras PETR4.SA is weighing options for its Polo Bahia onshore oil fields, including a potential sale, Chief Executive Magda Chambriard said on Saturday, adding that any decision will prioritize returns and sh...Reuters
Sat, Jul 5
Canada could financially back aluminum producers if 50% U.S. tariffs persist, trade group says
Canada discusses financial support for aluminum producers amid U.S. tariffsAluminum Association of Canada CEO highlights potential financial impact of tariffsHalf of U.S. aluminum imports come from Canada, majorly affected by tariffsTrump's tariff hike aims to boost U.S. domestic production M...Reuters
Sat, Jul 5
Japan tariff negotiator held in-depth talks with Lutnick, Japanese government says
TOKYO/BRIDGEWATER, New Jersey, July 5 (Reuters) - Japan's tariff negotiator Ryosei Akazawa held "in-depth exchanges" over the phone with U.S. Commerce Secretary Howard Lutnick on Thursday and Saturday, the Japanese government said. A pause on a 24% reciprocal tariff on imports from Japan...Reuters
Sat, Jul 5
Some facts about Camp Mystic, where Texas floodwaters swept away dozens of girls
July 5 (Reuters) - Founded by a University of Texas football coach, Camp Mystic where raging floodwaters swept away dozens of girls - killing several and leaving many others missing - was established along the banks of the Guadalupe River in central Texas hill country nearly a century ago "to pr...Reuters
Sat, Jul 5
Central Texas flood waters recede as rescuers continue search for victims
Frantic search continues for about two dozen missingFlood waters recede along the Guadalupe RiverOfficials say they had no warning of severity of floodBy Rich McKayJuly 5 (Reuters) - A frantic search continued on Saturday for about two dozen people still missing from a century-old Christian girls...Reuters
Sat, Jul 5
Petronas to drill three exploration wells at Suriname offshore block, Staatsolie says
PARAMARIBO, July 5 (Reuters) - Petronas will begin drilling on Sunday, the first of three wells in an exploration campaign aimed at finding additional oil reserves at its offshore Block 52 in Suriname, state company Staatsolie said in a release on Saturday.Petronas hired Noble Corp NE.N to drill the...Reuters
Sat, Jul 5
Tropical storm Chantal forms in Atlantic, expected to move across South Carolina coast, NHC says
July 5 (Reuters) - The U.S. National Hurricane Center said on Saturday that an Atlantic depression had strengthened into tropical storm Chantal and was expected to move across the coast of South Carolina on Sunday morning.The tropical storm, packing maximum sustained winds of 40 miles per hour (64 k...Reuters
Sat, Jul 5
Russia says low global oil stockpiles prompted OPEC+ to hike output
July 5 (Reuters) - Low global oil stockpiles were a major motivating factor in prompting OPEC+ members to raise production by 548,000 barrels per day in August at the group's meeting on Saturday, the Russian government said in a statement.The group, which pumps about half of the world's oil,...Reuters
Sat, Jul 5
OPEC+ speeds up oil output hikes, adds 548,000 bpd in August
First meeting since Israel, US attacks on IranOPEC+ began accelerating output hikes in MayOPEC+ returns most cuts of 2.2 mln bpd back to the marketBy Alex Lawler, Maha El Dahan, Olesya Astakhova and Ahmad Ghaddar LONDON, July 5 (Reuters) - OPEC+ agreed on Saturday to raise production by 548,000 b...Reuters
Sat, Jul 5
OPEC+ agrees to raise oil output by 548,000 bpd in August, sources say
LONDON, July 5 (Reuters) - Eight OPEC+ countries have agreed to hike output by 548,000 barrels per day in August, up from 411,000 bpd in May, June and July, OPEC+ sources told Reuters while a meeting of the group was under way.Reuters
Sat, Jul 5
South Korea's presidential advisor to fly to Washington ahead of tariff deadline
SEOUL, July 5 (Reuters) - South Korea's presidential security advisor plans to visit Washington during July 6-8, his office said on Saturday. Wi Sung-lac, President Lee Jae Myung's national security adviser, plans to "have in-depth discussions about all the pending issues between South ...Reuters
Sat, Jul 5
UK's Octopus Energy weighs $14 billion demerger of tech arm Kraken, Sky News says
July 5 (Reuters) - Britain's Octopus Energy is close to hiring bankers to oversee a 10-billion-pound ($13.7 billion) separation and stake sale of its technology arm Kraken Technologies, Sky News reported on Saturday, citing sources familiar with the matter.A minority stake in Kraken of up to 20%...Reuters
Sat, Jul 5
China spares major cognac makers from EU brandy dumping duties
China announces duties up to 34.9% on EU brandy producersDuties come into effect on Saturday for five yearsMajor cognac producers spared if they sell at minimum priceCognac makers say caught in wider dispute over China-made EVsEU says tariffs are unfair, unjustifiedBy Casey Hall and Tassilo Hummel ...Reuters
Sat, Jul 5
OPEC+ considers raising oil output by 550,000 bpd in August, sources say
LONDON, July 5 (Reuters) - OPEC+ will consider raising oil output by around 550,000 barrels per day in August at its meeting on Saturday, up from the monthly increases of 411,000 bpd it approved for May, June and July, two sources familiar with the discussions said.Reuters
Sat, Jul 5
EU to stockpile critical minerals amid geopolitical risks, FT says
July 5 (Reuters) - The European Union plans to stockpile critical minerals as a precaution against potential supply disruptions due to geopolitical tension, the Financial Times reported on Saturday, citing a draft document by the European Commission."The EU faces an increasingly complex and dete...Reuters
Sat, Jul 5
At least 24 dead in Texas flash flooding; two dozen young campers missing
Authorities search for girls from Christian summer camp Guadalupe River transformed into life-threatening torrentJuly Fourth fireworks shows canceled across rain-soaked regionBy Steve GormanJuly 4 (Reuters) - Torrential rains unleashed flash floods along the Guadalupe River in Texas on Friday, killi...Reuters
Sat, Jul 5
