News
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Commodities
Q&A-Is Venezuela about to lose Citgo, its most prized foreign asset?
By Marianna Parraga HOUSTON, July 3 (Reuters) - A U.S. court officer has selected miner Gold Reserve's GRZ.V$7.38 billion bid as the preliminary winner of an auction of shares in the parent of Venezuela-owned Citgo Petroleum, following heavy competition for the seventh largest U.S...Reuters
Thu, Jul 3
Commodities
China's foreign minister dismisses European worries over rare earths
BERLIN, July 3 (Reuters) - China's foreign minister downplayed European worries over rare earth exports restrictions on Thursday, saying it was standard practise to control dual-use goods exports but that Europe's needs could be met if applications were submitted.Wang Yi was speaking in Berl...Reuters
Thu, Jul 3
Cryptocurrencies
Apple’s iPhone shipments in China climbed about 8% year‑on‑year
Apple’s iPhone shipments in China climbed about 8% year‑on‑year during the second quarter, marking its first growth there since the spring of 2023. Counterpoint Research noted this rebound covers the three months ending June 30, a welcome sign as the tech giant fights to revive its fortunes in its second‑largest market. May promotions drove the […]Cryptopolitan
Thu, Jul 3
Cryptocurrencies
Top Cheap Crypto With Real Utility to Buy Now Over Meme Coins Like Pepe (PEPE)
While meme coins like PEPE ride waves of hype and crash just as fast, a new wave of investor attention is shifting toward crypto with real-world utility. One name is dominating the conversation, Mutuum Finance (MUTM). The project is selling at $0.03 in phase5 of its presale. Buyers who invest at this moment will see […]Cryptopolitan
Thu, Jul 3
Other
United, JetBlue ask US to reject Spirit Airlines complaint over partnership
July 3 (Reuters) - JetBlue Airways JBLU.O and United Airlines UAL.O on Thursday asked the U.S. Transportation Department to reject a complaint filed by Spirit Airlines over their proposed partnership.United and JetBlue said in May their "Blue Sky" tie-up would allow travelers to book flights...Reuters
Thu, Jul 3
Stocks
LIVE MARKETS-U.S. stocks cheer jobs data; Dow poised to join new highs' party?
Main US indexes rally; Nasdaq ends up ~1%Tech leads S&P 500 sectors gainers; Materials end flatDollar gains; bitcoin edges up; crude, gold declineUS 10-Year Treasury yield rises to ~4.35%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your...Reuters
Thu, Jul 3
Cryptocurrencies
Near Protocol flaunts bullish structure after Bitwise Europe launches NEAR staking ETP
Near Protocol (NEAR), a high-performance Artificial Intelligence (AI) native protocol built to support decentralized applications and intelligent agents, shows bullish signals bolstered by positive sentiment across the cryptocurrency market on Thursday.Fxstreet
Thu, Jul 3
Other
Sutskever to lead Safe Superintelligence after Meta poaches CEO Gross in AI talent war
By Krystal Hu July 3 (Reuters) - Ilya Sutskever has taken over the reins of Safe Superintelligence (SSI), the artificial intelligence startup he launched last year, after losing CEO Daniel Gross to an intensifying talent war in the industry.Gross has joined Meta Platforms META.O to lead its AI pr...Reuters
Thu, Jul 3
Commodities
US drillers cut oil and gas rigs for 10th week in a row, Baker Hughes says
June 27 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a 10th week in a row for the first time since July 2020, energy services firm Baker Hughes BKR.O said in its closely followed report on Thursday.The oil and gas rig count, an early indicator of f...Reuters
Thu, Jul 3
Other
Tennis-From Grand Slam to grand struggle, Krejcikova lives to fight on
By Ossian ShineLONDON, July 3 (Reuters) - Barbora Krejcikova’s Wimbledon defence is still alive — but only just. The Czech squeezed past American Caroline Dolehide 6-4 3-6 6-2 in a second-round tussle that was all grind and no grandeur.There was zero champion’s polish on show as the Czech creaked he...Reuters
Thu, Jul 3
Stocks
LIVE MARKETS-Chinese biotech licensing deals draw U.S. interest despite modest size, Macquarie says
Main US indexes rally; Nasdaq ends up ~1%Tech leads S&P 500 sectors gainers; Materials end flatDollar gains; bitcoin edges up; crude, gold declineUS 10-Year Treasury yield rises to ~4.35% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share you...Reuters
Thu, Jul 3
Other
NOAA FY26 budget proposal slashes climate and weather research, shutters key labs
By Mia MacGregorJuly 3 - (The Insurer) - The National Oceanic and Atmospheric Administration’s proposed budget for the 2026 fiscal year would eliminate its Office of Oceanic and Atmospheric Research (OAR) and terminate or transfer dozens of science programs and laboratories.Under the proposal, OAR w...Reuters
Thu, Jul 3
Other
Ilya Sutskever Says Daniel Gross Officially No Longer Part Of SSI - X Post
July 3 (Reuters) - Ilya Sutskever X Post:ILYA SUTSKEVER SAYS IS NOW FORMALLY CEO OF SSI INC, AND DANIEL LEVY IS PRESIDENT - X POSTILYA SUTSKEVER: AS OF JUNE 29, DANIEL GROSS OFFICIALLY NO LONGER A PART OF SSI - X POSTReuters
Thu, Jul 3
Other
Universal's Virgin Music CEOs push back against critics of Downtown Music deal
By Foo Yun Chee BRUSSELS, July 3 (Reuters) - The two co-chief executives of Universal Music Group's UMG.AS Virgin Music Group on Thursday pushed back against critics of its $775 million acquisition of Downtown Music, saying the deal would create a company providing a wide range of services to...Reuters
Thu, Jul 3
Cryptocurrencies
Mara Holdings expanded its treasury to over 50,000 BTC
Mara Holdings expanded its treasury to 50K BTC, becoming the second-largest holder after Strategy (MSTR). Mara Holdings has the option to issue stock for BTC buying, but mostly relies on a growing hashrate to produce more blocks.Cryptopolitan
Thu, Jul 3
Commodities
US Cash Grains-Corn, soybean bids steady-higher
CHICAGO, July 3 (Reuters) - Spot basis bids for soybeans and corn were flat to higher in the U.S. Midwest on Thursday as dealers tried to persuade farmers to sell after futures sagged earlier in the week. The soy basis ticked up at processors in Lafayette, Indiana, Council Bluffs, Iowa and Lincoln, ...Reuters
Thu, Jul 3
Other
Rubio calls off his Japan and South Korea visit, Nikkei reports
July 3 (Reuters) - U.S. Secretary of State Marco Rubio has called off his first visit to Japan and South Korea to focus on the Middle East, Japan's Nikkei newspaper reported on Thursday.Rubio was expected to land in Tokyo on Monday, but he has informed the Japanese and South Korean governments t...Reuters
Thu, Jul 3
