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US Steel Announces Fundamental & Make-Whole Fundamental Change For Outstanding Convertible Notes
June 18 (Reuters) - United States Steel Corp X.N:U. S. STEEL ANNOUNCES FUNDAMENTAL CHANGE AND MAKE-WHOLE FUNDAMENTAL CHANGE RELATING TO ITS OUTSTANDING CONVERTIBLE NOTESU.S. STEEL: NOTES HOLDERS HAVE PURCHASE RIGHT TO REQUIRE CO TO PURCHASE ALL NOTES OR NOTES EQUAL TO $1,000 OR MULTIPLE OF $1,000 ON...
Reuters
Wed, Jun 18
US Supreme Court sides with federal agency on nuclear waste facility license
Nuclear waste storage facility planned for TexasTexas and oil interests challenged agency's authorityLower court ruled against Nuclear Regulatory CommissionBy John Kruzel WASHINGTON, June 18 (Reuters) - The U.S. Supreme Court ruled on Wednesday against the state of Texas and oil industry inte...
Reuters
Wed, Jun 18
U.S. Steel Ceases Trading On The NYSE As Japan's Nippon Finalizes Takeover - CNBC
June 18 (Reuters) - U.S. STEEL CEASES TRADING ON THE NYSE AS JAPAN’S NIPPON FINALIZES TAKEOVER - CNBCSource text: https://tinyurl.com/mwskfapz
Reuters
Wed, Jun 18
US Senate Democrats demand Kennedy explain canceling bird flu vaccine contract
By Ahmed Aboulenein WASHINGTON, June 18 (Reuters) - U.S. Senate Democrats demanded on Wednesday Health Secretary Robert F. Kennedy Jr. make public the reviews on which his department said it based its decision to cancel a contract for developing a bird flu vaccine.President Donald Trump's adm...
Reuters
Wed, Jun 18
LMA's Roberts: London continuing to provide coverage for marine trade in Middle East but 'picture is concerning'
By Michael Jones June 18 - (The Insurer) - No clear outcome is discernible in how the escalation between Israel and Iran will affect maritime commerce but the picture is concerning, the Lloyd's Market Association's head of marine and aviation, Neil Roberts, said on Wednesday.Roberts said ...
Reuters
Wed, Jun 18
US natgas prices climb 2% to 10-week high on lower output, higher demand
Hot weather to boost power generator gas burnsEnd of LNG plant maintenance to boost LNG feedgasTriple-digit storage builds possible for record 8th weekBy Scott DiSavinoJune 18 (Reuters) - U.S. natural gas futures climbed about 2% to a 10-week high on lower daily output and forecasts for hotter weath...
Reuters
Wed, Jun 18
Canada could produce first LNG by this weekend, sources say
First LNG expected to be produced in Canada on the weekendLNG Canada expected to operate initially at 25% capacityLNG tanker on the way to collect first cargo from new plantBy Curtis Williams HOUSTON, June 18 (Reuters) - Canada could produce its first ever liquefied natural gas this weekend, from...
Reuters
Wed, Jun 18
CBOT Trends-Wheat up 2-3 cents, corn down 1-up 1, soy down 1-2
CHICAGO, June 18 (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 Wednesday. WHEAT - Up 2 to 3 cents per bushelCBOT wheat was buoyed by a slower than average U.S. winter wheat harvest,...
Reuters
Wed, Jun 18
Erick becomes a hurricane off Mexico's Pacific Coast
MEXICO CITY, June 18 (Reuters) - Erick intensified into a hurricane off Mexico's Pacific Coast, the U.S. National Hurricane Center (NHC) said on Wednesday.Erick is expected to be the first hurricane to make landfall in Mexico this season, and would bring "life-threatening flash floods to por...
Reuters
Wed, Jun 18
RPT-COLUMN-Is battle for LME aluminium stocks noise or signal? Andy Home
By Andy Home LONDON, June 18 (Reuters) - Where's all the aluminium gone? Two years ago there were over 1.3 million metric tons of the light metal sitting in London Metal Exchange (LME) warehouses. Inventory has since almost halved and is now at levels last seen in 2022. As traders fight over ...
Reuters
Wed, Jun 18
EXPLAINER-How much damage have Israeli strikes caused to Iran's nuclear programme?
Attacks have dealt serious blows to Tehran's nuclear driveExact extent of damage will take time to establishOf three uranium enrichment plants, one destroyed, another harmedBomb-relevant nuclear technology also hitUN inspectors have been unable to check sites since attacks By Francois Murphy ...
Reuters
Wed, Jun 18
Gold turns cautious as Fed decision briefly overshadows Middle East tensions
Gold (XAU/USD) is holding steady near $3,385 on Wednesday, supported by persistent geopolitical tensions and investor caution ahead of the Federal Reserve’s (Fed) policy decision.
Gold
Fxstreet
Wed, Jun 18
Russia and US are in contact over Iran-Israel conflict, Russian official says
MOSCOW, June 18 (Reuters) - Russia and the United States are in contact regarding the conflict between Iran and Israel, Russian Deputy Foreign Minister Sergei Ryabkov was quoted by the Interfax news agency as saying on Wednesday.Ryabkov earlier warned that direct U.S. military assistance to Israel c...
Reuters
Wed, Jun 18
Israel to resume natural gas exports when military deems it's safe, energy minister says
Only Tamar field operational after Israel halted gas exports Cohen in talks with Egypt, Jordan over gas supply cutsEnergy sector resilient, has coal, diesel, renewable reservesBy Steven Scheer TEL AVIV, June 18 (Reuters) - Israel will resume its natural gas exports when the country's militar...
Reuters
Wed, Jun 18
PRESS DIGEST-Canada - June 18
June 18 (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 MAIL** Calgary-based energy infrastructure company Keyera KEY.TO announced Tuesday it will acquire all of Plains' PA...
Reuters
Wed, Jun 18
US Senate Democrats demand Kennedy explain canceling bird flu vaccine contract
By Ahmed Aboulenein WASHINGTON, June 18 (Reuters) - U.S. Senate Democrats demanded on Wednesday Health Secretary Robert F. Kennedy Jr. make public the reviews on which his department said it based its decision to cancel a contract for developing a bird flu vaccine.President Donald Trump's adm...
Reuters
Wed, Jun 18
PRECIOUS-Gold inches lower as investors monitor Fed decision, Israel-Iran conflict
US Fed decision due at 1800 GMTIsrael-Iran conflict enters sixth dayCentral banks, China demand to support gold prices, analyst saysBy Anushree Mukherjee June 18 (Reuters) - Gold prices edged lower on Wednesday as investors held back on making significant bets ahead of the U.S. Federal Reserve’s ...
Reuters
Wed, Jun 18
WTI Oil price holds gains near $74.00, boosted by rising geopolitical risks
Verbal escalation between US President Donald Trump and Iranian officials has boosted fears of a wider regional war in the Middle East, with the involvement of the US, which is underpinning Crude Oil prices near four-month highs.
WTI
Fxstreet
Wed, Jun 18
Turkey's Pasifik Eurasia, China Railway unit sign rail transport deal
ISTANBUL, June 18 (Reuters) - Pasifik Eurasia Lojistik PASEU.IS said it has signed a railway transport agreement with a subsidiary of China Railway to launch cargo train services along a corridor from China passing through Turkey into Europe, bypassing Russia.Ten train services will be operated init...
Reuters
Wed, Jun 18
UK says new car, aerospace tariffs with US to start by end of June
LONDON, June 18 (Reuters) - Britain said on Wednesday it expected new tariff arrangements with the United States on cars and aerospace to come into force by the end of the month, following the signing of an agreement two days ago.
Reuters
Wed, Jun 18
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