News
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Mali court adjourns hearing on whether to put Barrick's gold mines under provisional administration, sources say
BAMAKO, June 2 (Reuters) - A Malian court on Monday adjourned until June 5 a hearing on whether to put Barrick Mining's ABX.TO Loulo-Gounkoto gold complex under provisional administration, the registry office and one of the lawyers involved told Reuters.Reuters
Mon, Jun 2
CBOT Trends-Wheat up 10-12 cents, corn up 1-4 cents, soy down 2-4 cents
CHICAGO, June 2 (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 - Up 10 to 12 cents per bushelCBOT wheat Wv1 reached its highest since May 23 as a Ukrainian drone attack...Reuters
Mon, Jun 2
PRESS DIGEST-Canada - June 2
June 2 (Reuters) - The following are the top stories from The Globe and Mail. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL- The Canadian Federal Court has dismissed Canada Revenue Agency's request for information about e-commerce company Shopify...Reuters
Mon, Jun 2
Australia's Ioneer quadruples reserves at Nevada lithium project
June 2 (Reuters) - Australia-based critical minerals miner Ioneer INR.AX said on Monday the ore reserves at its Rhyolite Ridge Lithium-Boron Project in Nevada have increased fourfold, with nearly half of the mineral resource being converted into reserves.The ore reserve has quadrupled to 246.6 milli...Reuters
Mon, Jun 2
GRAINS-Wheat higher as geopolitical tensions return, soybeans stay weak
Wheat up 1.9% as dollar drops, Russia-Ukraine war back in focusSoybeans extend slide to lowest since mid-April as tariff tensions add to demand doubtsBy Gus Trompiz and Naveen Thukral PARIS/SINGAPORE, June 2 (Reuters) - Chicago wheat rose on Monday as a Ukrainian drone attack in Russia shifted at...Reuters
Mon, Jun 2
Reclaim Finance calls on Tiernan to ban underwriting fossil fuel expansion
By Rebecca DelaneyJune 2 - (The Insurer) - Environmental campaign group Reclaim Finance has urged Patrick Tiernan to show bold climate leadership in his new role as Lloyd's CEO.In an open letter published on Monday, the group called on Tiernan to use his "unique position" in the specialt...Reuters
Mon, Jun 2
Howden hires parametric experts Steiner and Anand from agriculture firm Syngenta
By Henry GaleJune 2 - (The Insurer) - Peter Steiner and Kanika Anand from agriculture firm Syngenta's weather and credit risk management team have joined Howden, they said in LinkedIn posts on Monday.Steiner's job title at Howden will be executive director for agriculture and nature parametr...Reuters
Mon, Jun 2
Kazakhstan's daily oil output fell 4% in May on lower Tengiz production, source says
MOSCOW, June 2 (Reuters) - Kazakhstan's oil production fell 4% in May from April due to lower production from the Tengiz oilfield, but remained above the OPEC+ quota, according to an industry source familiar with the statistics, and Reuters calculations.Kazakhstan, a top-10 oil producer, has per...Reuters
Mon, Jun 2
Global Parametrics and One Acre Fund scale up agriculture cover in Nigeria
By Henry GaleMay 30 - (The Insurer) - A parametric program for smallholder farmers in Nigeria has nearly doubled in geographical scale and coverage limit to protect nearly $8 million in production credits, Global Parametrics said.The coverage against drought and excess moisture is provided in partne...Reuters
Mon, Jun 2
Aluminium premium for US buyers soars after Trump doubles tariffs
US Midwest aluminium premium up 164% since start of 2025The U.S. is a net importer of aluminiumNew tariff to take effect on WednesdayBy Polina Devitt LONDON, June 2 (Reuters) - Premiums for consumers buying aluminium on the physical market in the United States soared on Monday after U.S. Presiden...Reuters
Mon, Jun 2
EU warned by advisers not to weaken new climate goal
By Kate Abnett BRUSSELS, June 2 (Reuters) - The European Union's independent advisers have warned against watering down the bloc's planned 2040 climate goal, as EU officials consider softening the target to try to contain a political backlash against ambitious environmental policies.The E...Reuters
Mon, Jun 2
Gold Price Forecast: XAU/USD resumes its uptrend, heading to $3,365 and $3,415
Gold (XAU/USD) has been one of the major beneficiaries of the US Dollar sell-off on Monday. The Precious metal has surged about $60 so far, as the US dollar drops across the board on a mix of trade uncertainty and looming woes about the US fiscal health.Fxstreet
Mon, Jun 2
PRECIOUS-Safe-haven rush lifts gold to over one-week peak as trade, geopolitical risks intensify
Trump plans to double steel, aluminum tariffs to 50%Dollar down 0.6% against its rivalsRussia-Ukraine tensions escalate ahead of peace talksBy Anushree Mukherjee June 2 (Reuters) - Gold prices rose to a more than a one-week high on Monday, driven by safe-haven demand as renewed U.S. tariff threat...Reuters
Mon, Jun 2
RPT-COLUMN-Funds finally pause corn selloff as focus turns to US crop: Braun
By Karen Braun NAPERVILLE, Illinois, June 1 (Reuters) - Speculators have made unprecedented moves in Chicago corn so far in 2025 as the combination of geopolitical uncertainties and supply trends sparked heavy selling, turning a strongly bullish market into a bearish one.June officially kicks off...Reuters
Mon, Jun 2
France's Lactalis wins regulatory approval for acquisition of General Mills' U.S. yoghurt business
June 2 (Reuters) - LACTALIS/GENERAL MILLS GIS.N:* Lactalis has won regulatory approval for its previously announced deal to buy General Mills' U.S. yoghurt business, the companies said on Monday.* The deal is on track to be completed at the end of June.* Last September, General Mills - whose bra...Reuters
Mon, Jun 2
Indian Billionaire Gautam Adani Comes Under New Scrutiny From U.S. Prosecutors - WSJ
June 2 (Reuters) - INDIAN BILLIONAIRE GAUTAM ADANI COMES UNDER NEW SCRUTINY FROM U.S. PROSECUTORS - WSJJUSTICE DEPARTMENT IS INVESTIGATING WHETHER ADANI’S COMPANIES VIOLATED U.S. SANCTIONS ON IRAN - WSJADANI FACES SCRUTINY AS PROSECUTORS REVIEW LPG TANKER ACTIVITIES, WITH DISCREPANCIES FOUND IN SHIP...Reuters
Mon, Jun 2
EU warned by advisers not to weaken new climate goal
By Kate Abnett BRUSSELS, June 2 (Reuters) - The European Union's independent advisers have warned against watering down the bloc's planned 2040 climate goal, as EU officials consider softening the target to try to contain a political backlash against ambitious environmental policies.The E...Reuters
Mon, Jun 2
RPT-COLUMN-US ethanol output eases off record pace as summer travels heat up: Braun
By Karen BraunNAPERVILLE, Illinois, May 30 (Reuters) - Record volumes of U.S. ethanol have been churned out since late last year, largely due to an uptick in exports and steady domestic demand.But output has slipped from those record levels over the last couple of weeks, coinciding with the ramp-up ...Reuters
Mon, Jun 2
US Crude Oil (WTI) appreciates against all odds and returns to above $62.00
Buy the rumour, sell the news in Oil prices, as the US benchmark WTI appreciates about $2.5 so far today, despite the output hikes announced by OPEC+ members, fresh threats of US tariffs and new trade tensions between the US and China.
Fxstreet
Mon, Jun 2
