News
Important Only
CBOT Trends-Wheat down 7-11 cents, corn down 3-6 cents, soy mixed
CHICAGO, June 9 (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 Monday: WHEAT - Down 7 to 11 cents per bushelCBOT wheat sagged as predictions for the Russian wheat crop increased. Rus...Reuters
Mon, Jun 9
INSIGHT-India's $80 bln coal-power boom is running short of water
India plans roughly $80 bln in new coal-power projects by 2031Many shortlisted projects located in water-stressed areasThermal plant operators like areas with easy land availability, with water access an afterthoughtExpansion likely to fuel further conflict between residents and industryBy Krishna N...Reuters
Mon, Jun 9
US seeking 'handshake' on rare earths from China, White House aide says
WASHINGTON, June 9 (Reuters) - The three top U.S. trade negotiators are seeking a handshake with China in London talks to seal the agreement on rare earths reached by Presidents Donald Trump and Xi Jinping, White House economic adviser Kevin Hassett said on Monday."The purpose of the meeting tod...Reuters
Mon, Jun 9
RPT-COLUMN-US aluminium tariffs threaten scrap clash with European Union: Andy Home
By Andy Home LONDON, June 9 (Reuters) - U.S. President Donald Trump's move to double tariffs on aluminium imports heightens the risk of a full-blown scrap war with the European Union.Although they are supposed to be blanket tariffs with no exceptions or exemptions, there is one significant ga...Reuters
Mon, Jun 9
Iran obtaining IAEA documents is 'bad', shows poor cooperation, Grossi says
IAEA report said Iran 'actively collected' documentsIran said the accusation is slanderous, unsubstantiatedGrossi says material includes assessments on equipmentBy Francois Murphy VIENNA, June 9 (Reuters) - Iran's acquisition of confidential U.N. nuclear watchdog documents is a 'b...Reuters
Mon, Jun 9
US seeking handshake on rare earths from China, White House aide says
WASHINGTON, June 9 (Reuters) - The three top U.S. trade negotiators are seeking a handshake in London to seal the agreement on rare earths agreed to by Presidents Donald Trump and Xi Jinping, White House economic adviser Kevin Hassett said on Monday."The purpose of the meeting today is to make s...Reuters
Mon, Jun 9
ASR launches automated underwriting portal
By Michael JonesJune 9 - (The Insurer) - Africa Specialty Risks has launched an automated underwriting portal named ASR 24-7, the company said on Monday.Available to authorised brokers, the portal offers instant policy quotes, full binding capabilities and policy management resources, ASR said.The f...Reuters
Mon, Jun 9
PRECIOUS-Gold gains on weaker dollar as US-China talks in focus
US and China set for trade talks in London US dollar down 0.2% against a basket of peersPlatinum hits four-year highBy Anushree Mukherjee June 9 (Reuters) - Gold prices rose on Monday, supported by a weaker U.S. dollar ahead of U.S.-China trade talks aimed at resolving tensions, while platinum ex...Reuters
Mon, Jun 9
RPT-COLUMN-Funds' bearish sentiment on US grains and oilseeds hits nine-month high: Braun
By Karen Braun NAPERVILLE, Illinois, June 8 (Reuters) - Speculators dug deeper into bear territory last week across U.S. grain and oilseed futures, and with this time of year known to feature plenty of uncertainties, investors must keep their eyes glued on upcoming weather forecasts for the U.S. ...Reuters
Mon, Jun 9
RPT-COLUMN-The path to cheap power will be very expensive: Bousso
EU share of renewables in power generation rose to 47% in 2024EU requires $1.4 trillion in grid investment by 2040, report saysRatio of investments in renewables and grids has dropped in recent years, IEA saysBy Ron Bousso LONDON, June 9 - Europe's ambition to develop cheap, clean energy has ...Reuters
Mon, Jun 9
China starts approving rare earth exports, Japanese business group says
TOKYO, June 9 (Reuters) - China has started approving some rare earth exports, a Japanese business group in China said on Monday, indicating an easing of Beijing's curbs on the materials that are vital for Japanese carmakers and other manufacturers.The Japanese Chamber of Commerce and Industry i...Reuters
Mon, Jun 9
US drilling activity slows – ING
The oil market strengthened over the last week thanks to a variety of global events, with the ICE Brent Aug-25 contract settling almost 5.9% higher. Canadian wildfires provided support, while the market is digesting announced supply hikes for July from OPEC+.Fxstreet
Mon, Jun 9
UN urges ratification of treaty to protect the planet's fragile oceans
Guterres warns of threats to ocean ecosystems from human activityHigh Seas Treaty needs 60 ratifications to take effectUS not ratifying treaty, France's Macron expects 60 ratifications by year-endBy Manuel Ausloos, Clotaire AchiNICE, France, June 9 (Reuters) - U.N. Secretary-General Antonio Gute...Reuters
Mon, Jun 9
Thailand's B. Grimm Power and Singapore's Digital Edge to invest $1 billion in Thai data centre
BANGKOK, June 9 (Reuters) - Thai B. Grimm Power Pcl B.GRIMM.BK and Singaporean digital infrastructure firm Digital Edge will invest $1 billion in a 100-megawatt data centre in Thailand, the companies said in a statement on Monday.Southeast Asia's second-largest economy and its neighbours have be...Reuters
Mon, Jun 9
INSIGHT-Tariffs on canola seen supercharging Canadian farmers' shift to spring wheat
Canadian wheat supports global bread flour demandCanadian wheat acreage rises as US wheat acreage declinesUS farmers favor corn and soybeans over wheat for higher profitsBy Ed White WINNIPEG, Canada, June 9 (Reuters) - In the U.S. Great Plains, where spring wheat once dominated fields, farmers ar...Reuters
Mon, Jun 9
EXCLUSIVE-Chevron CEO warned staff of rising safety issues before fatal Angola platform fire
CEO warns of 'a concerning increase in serious near-misses' in internal videoTells staff to double down on safety regardless of challengesChevron laying off up to 20% of workforce Investigation into Angola fire underwayBy Sheila Dang HOUSTON, June 9 (Reuters) - Chevron CVX.N CEO Mike Wirt...Reuters
Mon, Jun 9
ANALYSIS-Aluminium producers in the US win from Trump's tariffs
US aluminium premiums have surged since Trump's re-electionScrap aluminium imports remain free of tariffsConstellium concerned higher prices could dent demandBy Pratima Desai LONDON, June 9 (Reuters) - Century Aluminum, the largest primary aluminium producer in the U.S., and top recycler Mata...Reuters
Mon, Jun 9
RPT-USDA redaction of trade analysis causes concern about report integrity
USDA delays quarterly ag trade report, cites internal review processDelayed report published without its usual explanatory text Text of report had linked Trump's tariffs to rising agricultural trade deficitAnalysts worry that staff cutbacks may affect future reportsBy Julie Ingwersen, Leah Dougl...Reuters
Mon, Jun 9
