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ANALYSIS-The world's auto supply chain is in the hands of a few Chinese bureaucrats
China introduced new rare earth export controls in AprilExport permits must be approved by bureau in Commerce MinistryStaff levels were only recently boosted to 60, sources saySlow pace of approvals hitting the auto industry worldwideBy Laurie Chen and Lewis Jackson BEIJING, June 5 (Reuters) - In...Reuters
Thu, Jun 5
METALS-Copper hits two-month high on supply worries, declining LME stocks
By Eric Onstad LONDON, June 5 (Reuters) - Copper hit its strongest in two months on Thursday, boosted by speculators after prices broke through technical levels as inventories dwindled in London Metal Exchange warehouses and after a big mine in Congo was suspended.Three-month copper on the London...Reuters
Thu, Jun 5
JBS-backed egg producer Matinqueira expands in the US
By Ana Mano SAO PAULO, June 5 (Reuters) - After selling a 50% stake to meatpacker JBS JBSS3.SA in April, Brazilian egg producer Mantiqueira Brasil is starting greenfield projects in the U.S., the company's president said on Thursday during an industry event in Sao Paulo. Leandro Pinto sai...Reuters
Thu, Jun 5
EU could approve Mercosur deal by summer, agriculture chief says
BRUSSELS, June 5 (Reuters) - The European Union could approve its planned trade deal with South American bloc Mercosur before summer, but has not yet fixed a date to do so, EU agriculture commissioner Christophe Hansen told Reuters on Thursday."It could be before summer," Hansen said in an i...Reuters
Thu, Jun 5
EXCLUSIVE-Aide to EU chief joins tariff negotiation team to spur US talks, sources say
EU team expanded to add political decision-making heftTrump administration frustrated with slow EU trade talksEU aims for comprehensive deal before July 9 deadlineBy Julia Payne and Jan Strupczewski BRUSSELS, June 5 (Reuters) - The European Union has changed its team locked in trade talks with th...Reuters
Thu, Jun 5
Silver prices surge to multi-year highs, posting intraday gains near 3.50%
Silver (XAG/USD) surged sharply on Thursday, rallying nearly 4% intraday and reaching their highest level in more than a decade, as precious metals continue to attract investors amid escalating trade tensions and increased US Dollar outflows.
Fxstreet
Thu, Jun 5
Brazil's BRF confident bird flu crisis will be over soon
SAO PAULO, June 5 (Reuters) - Brazilian food processor BRF BRFS3.SA is confident companies will be able to resume chicken exports in a matter of days as authorities have so far been able to control a bird flu outbreak on a commercial chicken farm in southern Brazil. Speaking at an industry event in ...Reuters
Thu, Jun 5
Mali hearing on Barrick's suspended Loulo-Gounkoto complex adjourned to June 12
BAMAKO, June 5 (Reuters) - A Malian court has adjourned until June 12 a hearing on whether to put the Loulo-Gounkoto gold mining complex, suspended since January due to a dispute between its owner Barrick Mining and Mali's government, under provisional administration, a judge said on Thursday. ...Reuters
Thu, Jun 5
Africa Finance Corp to sign $320 million deal with Italy to bolster Lobito funding
Italy supports Lobito corridor to counter Chinese mineral controlAFC aims to raise $2-3 billion annually, $1 billion raised so farUpcoming Rome meeting to focus on Lobito corridor projectLobito corridor links Angolan port with Zambia, DRC mineral fieldsBy Duncan Miriri NAIROBI, June 5 (Reuters) -...Reuters
Thu, Jun 5
ARA gasoline stocks fall to near 8-month lows, Insights Global data shows
LONDON, June 5 (Reuters) - Gasoline stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell nearly 6% on the week, data from Dutch consultancy Insights Global showed on Thursday.Gasoline stocks fell to around 1.02 million metric tons, the lowest since early O...Reuters
Thu, Jun 5
Brazil's Mantiqueira pursues greenfield projects in the U.S.
SAO PAULO, June 5 (Reuters) - After selling a 50% stake to meatpacker JBS JBSS3.SA in April, eggs company Mantiqueira Brasil is starting greenfield projects in Colorado, United States.Speaking at an industry event in Sao Paulo, Leandro Pinto, president of the privately owned firm, said his son is in...Reuters
Thu, Jun 5
Trump says he discussed Geneva tariff deal with Xi, teams to meet shortly
WASHINGTON, June 5 (Reuters) - President Donald Trump said U.S. and Chinese teams will meet shortly after he and Chinese leader Xi Jinping discussed trade in a phone call on Thursday, adding that there "should no longer be any questions" on rare earth products."The conversation was focus...Reuters
Thu, Jun 5
FACTBOX-Auto companies face shortages due to China's rare earth restrictions
June 5 (Reuters) - Automakers and their suppliers are facing shortages due to restrictions on Chinese exports of rare earths, minerals and magnets, an issue that has forced some to shut down production of certain models.Rare earth magnets are used in motors that run electric vehicles and other car p...Reuters
Thu, Jun 5
US natural gas prices edge up ahead of storage report on forecasts for more demand
Energy firms likely added more gas to storage for 7th straight weekGas stockpiles currently 4% above normalLNG export feedgas down in May and June due to maintenanceBy Scott DiSavino June 5 (Reuters) - U.S. natural gas futures edged up about 1% to a three-week high on Thursday on low output in re...Reuters
Thu, Jun 5
Silver surges past $35/oz level to hit a more than 13-year high
Silver has gained 24% so far in 2025Gold-silver ratio dropped to 94 from 105 in AprilSilver faces fifth year of structural market deficitDemand as industrial material could lift price to $40 or $50/ozBy Anushree Mukherjee June 5 (Reuters) - Silver has soared to the key milestone of $35 per ounce,...Reuters
Thu, Jun 5
ANALYSIS-The world's auto supply chain is in the hands of a few Chinese bureaucrats
China introduced new rare earth export controls in AprilExport permits must be approved by bureau in Commerce MinistryStaff levels were only recently boosted to 60, sources saySlow pace of approvals hitting the auto industry worldwideBy Laurie Chen and Lewis Jackson BEIJING, June 5 (Reuters) - In...Reuters
Thu, Jun 5
REFILE-India, US push to finalise interim tariff deal as Trump's deadline nears
US trade delegation in New Delhi for two-day talks Negotiators likely to finalise tariff cuts, market access issues part of interim deal, sources say Interim deal likely to be announced by month endBy Manoj Kumar NEW DELHI, June 5 (Reuters) - Indian and U.S. officials are holding high-level talk...Reuters
Thu, Jun 5
