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Commodities
UK PM Starmer confident US deal will be implemented before tariff deadline
US gives UK reprieve from 50% steel tariffNew deadline to implement US-UK tariff dealStarmer "very confident" tariff will come down to zeroUK Steel urges end to uncertainty over tariff timingsBy Alistair Smout LONDON, June 4 (Reuters) - British Prime Minister Keir Starmer said on Wednesda...Reuters
Wed, Jun 4
Other
Fuelcell Energy Inc expected to post a loss of $1.43 a share - Earnings Preview
Fuelcell Energy Inc FCEL.OQ FCEL.O is expected to show a rise in quarterly revenue when it reports results on June 6 for the period ending April 30 2025The Danbury Connecticut-based company is expected to report a 44.6% increase in revenue to $32.413 million from $22.42 million a year ago, accordi...Reuters
Wed, Jun 4
Other
Novo Banco's shareholders change bylaws for possible IPO, sources say
By Sergio Goncalves LISBON, June 4 (Reuters) - Shareholders of Portugal's Novo Banco on Wednesday approved key changes to its bylaws that would allow the lender to go ahead with a public listing, according to three sources with knowledge of the matter. The statutory change approved at a gen...Reuters
Wed, Jun 4
Economic Indicator
Trump says Fed's Powell must lower interest rate - Truth Social post
June 4 (Reuters) - United States President Donald Trump on Wednesday called for Federal Reserve Chair Jerome Powell to lower interest rates, noting that payroll processing firm ADP reported that job creation slowed in May."ADP number out. 'Too Late' Powell must now lower the rate. He is...Reuters
Wed, Jun 4
Stocks
Autoliv Capital Markets Day - sustainable increase in shareholder returns with increased dividend and new stock repurchase program
STOCKHOLM, June 4, 2025 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, hosts a Capital Markets Day (CMD) today. Members of Autoliv management will outline the Company's strategy, growth opportunities, and targets as well as provide an upd...PR Newswire
Wed, Jun 4
Forex
EU gives Bulgaria green light to adopt euro from start of 2026
By Jan Strupczewski BRUSSELS, June 4 (Reuters) - The European Commission and the European Central Bank gave Bulgaria the go-ahead on Wednesday to adopt the euro currency from the start of 2026, making Bulgaria the 21st country to join the single currency area.In a "convergence report" des...Reuters
Wed, Jun 4
Stocks
Can $10,000 Invested in Nvidia Stock Today Turn Into $1 Million by 2035?
After soaring more than 800% between 2023 and 2024, Nvidia (NASDAQ: NVDA) stock came to a screeching halt this year. Investors are worried about its long-term future, and they're also concerned about how tariffs might hurt it in the short term.So far, company performance has been easing their fears....The Motley Fool
Wed, Jun 4
Other
GlobalFoundries boosts investment plans to $16 billion, with research focus
By Max A. Cherney and Stephen Nellis SAN FRANCISCO, June 4 (Reuters) - Chip manufacturer GlobalFoundries GFS.O said on Wednesday it planned to increase its investment plans to $16 billion, allocating an additional $1 billion to capital spending and $3 billion to research in several emerging chip ...Reuters
Wed, Jun 4
Other
Trucordia to receive $1.3 billion Carlyle investment at $5.7 billion valuation
By Michael JonesJune 4 - (The Insurer) - Trucordia will receive a $1.3 billion strategic investment from Carlyle's Global Credit platform, the brokerage said on Wednesday.The transaction, which is expected to close this month, values Trucordia at $5.7 billion.The brokerage said the transaction w...Reuters
Wed, Jun 4
Commodities
US NYMEX natgas average daily futures and options volumes fell in May
June 4 (Reuters) - Average daily volume (ADV) in U.S. natural gas futures and options fell on the New York Mercantile Exchange in May from a year earlier, data from its owner CME Group CME.O showed.For the month, futures ADV was 479,724 contracts, down 10.8% from a year ago. Futures ADV hit a monthl...Reuters
Wed, Jun 4
Other
Germany starting hunt for more air defences for Ukraine, defence minister says
PARIS, June 4 (Reuters) - German defence minister Boris Pistorius told reporters on Wednesday that Germany would kick off a new initiative to find more air defences for Ukraine.Pistorius added that they were lobbying the United States and other countries for more donations of Patriot or similar air ...Reuters
Wed, Jun 4
Forex
POLL-Dollar to decline further on U.S. fiscal, growth and trade risks
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/fx-polls?RIC=EUR= poll dataBy Sarupya Ganguly BENGALURU, June 4 (Reuters) - Falling demand for U.S. dollar-denominated assets will push the greenback lower in coming months, according to FX strategists surveyed by Reuters, as concerns mount a...Reuters
Wed, Jun 4
Economic Indicator
US private payrolls growth slows sharply in May
WASHINGTON, June 4 (Reuters) - U.S. private payrolls increased far less than expected in May, the ADP National Employment Report showed on Wednesday.Private payrolls increased by only 37,000 jobs last month after a downwardly revised 60,000 rise in April. Economists polled by Reuters had forecast pr...Reuters
Wed, Jun 4
Commodities
Russia's oil and gas budget revenue falls by more than a third in May
Russia oil and gas budget revenue fell to 512.7 bln rbls in MayRussia's budget deficit is wideningRussia has opposed OPEC+ output hike, sources say MOSCOW, June 4 (Reuters) - Russia's oil and gas revenue fell by 35% year-on-year in May to 512.7 billion roubles ($6.55 billion), data fr...Reuters
Wed, Jun 4
Other
STMicro CEO sees signs of market upturn, but stays cautious of geopolitics
STMicro sees start of new demand cycle, CEO saysTo archive Q2 targets, grow sequentially in Q3Strong demand in China, weak in EuropeShares up 7.9% at 1152 GMTBy Nathan Vifflin June 4 (Reuters) - STMicroelectronics' STMPA.PA CEO said on Wednesday that the French-Italian chipmaker has seen sign...Reuters
Wed, Jun 4
Economic Indicator
Breaking: Private sector employment in US rises 37,000 in May vs. 115,000 expected
Private sector employment in the US rose by 37,000 in May, the Automatic Data Processing (ADP) reported on Wednesday. This reading followed the 60,000 increase recorded in April and missed the market expectation of 115,000 by a wide margin.Fxstreet
Wed, Jun 4
Commodities
PRECIOUS-Gold holds ground as jobs data offsets safe-haven demand
Trump calls China's Xi tough, 'hard to make a deal with'Gold may trade in $3,300-$3,400 range in short term - analystBy Brijesh Patel and Anushree Mukherjee June 4 (Reuters) - Gold prices held steady on Wednesday as stronger U.S. jobs data countered safe-haven demand driven by sim...Reuters
Wed, Jun 4
Stocks
Fed Lifts Asset Cap on Wells Fargo, Concluding Seven-Year Regulatory Oversight
TradingKey - The Federal Reserve announced on Tuesday that Wells Fargo (WFC) has satisfied all conditions of the 2018 regulatory actions, resulting in the lifting of its asset cap. Following the news, Wells Fargo's stock rose 3% and surged over 10% in after-hours trading.
TradingKey
Wed, Jun 4
