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Ford struggles with supply of rare earth magnets, CEO tells Bloomberg News
June 13 (Reuters) - Ford Motor Co F.N is struggling with supplies of rare earth magnets, the automaker's CEO Jim Farley told Bloomberg News in an interview on Friday.China, which controls more than 90% of global rare earth processing capacity, imposed new export licensing rules in April, tighten...Reuters
Fri, Jun 13
Big disruption to oil supply unlikely after Israel's attack on Iran, say analysts
Goldman Sachs forecasts Brent at $59/55 in 2025Q4 Citi: energy prices unlikely to stay elevated for sustained period of time June 13 (Reuters) - Israel's attack on Iran is unlikely to cause a major disruption to oil supply, analysts at two major banks said, but a worst-case scenario involving...Reuters
Fri, Jun 13
IEA says it stands ready to tap emergency oil stocks, OPEC sees no need
By Ahmad Ghaddar June 13 (Reuters) - The West's energy watchdog said on Friday it was ready to release oil stocks should the market experience shortages following Israel's attack on Iran, drawing criticism from rival OPEC which said the statement would only create fear in the market. ...Reuters
Fri, Jun 13
No immigration changes under way for farm, hospitality workers, Washington Post reports
Trump on Thursday said order would address farm, hotel workers Officials say no policy changes under wayFarms rely on migrant labor, welcomed Trump's remarks WASHINGTON, June 13 (Reuters) - There are no policy changes under way to exempt farm, hotel and other leisure workers from Donald Trump...Reuters
Fri, Jun 13
Fast-fashion retailer Shein reports transport emissions up 13.7% in 2024
LONDON, June 13 (Reuters) - Shein's carbon emissions from transporting products climbed 13.7% in 2024, the online fast-fashion retailer's sustainability report showed on Friday, and its 2023 transport emissions were 18% higher than previously reported after a recalculation.Shein uses mainly ...Reuters
Fri, Jun 13
Ships warned to avoid Red Sea, log Hormuz voyages after Israel hits Iran
Shipping continues through Strait of HormuzGreece tells ship owners to log voyagesBy Jonathan Saul, Yannis Souliotis and Renee Maltezou ATHENS, June 13 (Reuters) - Merchant shipping is continuing to pass through the Strait of Hormuz despite Israel's attacks on Iran on Friday, the multinationa...Reuters
Fri, Jun 13
US EPA to propose renewable fuel credits generated through imported feedstocks to receive lesser value - sources
NEW YORK, June 12 - The Trump administration on Friday will propose that renewable fuel trading credits generated through producing fuel via imported feedstocks will receive a lesser value, as part of a proposal on U.S. biofuel blending requirements, two sources told Reuters. Under the U.S. Renewabl...Reuters
Fri, Jun 13
Teams have arrived from UK, U.S. to probe Air India plane crash, says Tata chairman
NEW DELHI, June 13 (Reuters) - Investigators from the United Kingdom and the U.S. have arrived to probe the Air India plane crash that occurred on Thursday killing more than 240 people, Tata Chairman Natarajan Chandrasekaran said in an internal memo seen by Reuters.Reuters
Fri, Jun 13
Coffee Holding Reports Second Quarter Results And New Dividend
June 13 (Reuters) - Coffee Holding Co Inc JVA.O:COFFEE HOLDING CO., INC. REPORTS SECOND QUARTER RESULTS AND NEW DIVIDEND.COFFEE HOLDING CO INC -Q2 EPS $0.11COFFEE HOLDING CO INC - TO RESUME ANNUAL DIVIDEND OF 33% OF NET EARNINGSCOFFEE HOLDING CO INC: WE BELIEVE TARIFFS ALONG WITH REBOUND IN GREEN C...Reuters
Fri, Jun 13
CBOT Trends-Wheat up 2-5 cents, corn down 1-3 cents, soy up 2-5 cents
CHICAGO, June 13 (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 Friday: WHEAT - Up 2 to 5 cents per bushelCBOT wheat ticked up as rain in the U.S. Plains delayed harvests, but large ...Reuters
Fri, Jun 13
India aviation regulator asks Air India to carry out safety checks on Boeing 787 fleet
June 13 (Reuters) - India's aviation regulator has directed Air India to carry out safety inspections on its Boeing BA.N 787-8/9 fleet after a crash in Ahmedabad killed more than 240 people, an order showed on Friday.Reuters
Fri, Jun 13
COLUMN-Israel strike puts all eyes on Hormuz and $100 oil: Bousso
Israel strikes Iran, Iran retaliatesTehran could opt to target Strait of Hormuz, a chokepoint for oil shippingSaudi Arabia, UAE, have sought to bypass Hormuz with pipelinesBy Ron Bousso LONDON, June 13 - Israel’s strikes on Iran on Friday have raised the prospect of global oil prices hitting $100...Reuters
Fri, Jun 13
