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Latest News

Reuters - 36 minutes ago

Vintage Energy Says Rainfall Impact On Cooper Basin Operations

BRIEF-Vintage Energy Says Rainfall Impact On Cooper Basin Operations July 16 (Reuters) - Vintage Energy VEN.AX : RAINFALL IMPACT ON COOPER BASIN OPERATIONS Further company coverage: VEN.AX
Reuters - 40 minutes ago

J-Power's $258 mln bid for Genex Power passes on proxy votes, Genex says

J-Power's $258 mln bid for Genex Power passes on proxy votes, Genex says SYDNEY, July 16 (Reuters) - Japan's Electric Power Development's (J-Power) 9513.T A$381 million ($257.56 million) buyout of Australia's Genex Power GNX.AX has been approved on proxy votes, according to a Genex announcement on Tuesday. J-Power had offered 27.5 Australian cents per share for the renewable energy firm in which it already owns 7.7%.
Reuters - 42 minutes ago

Trump supporters see his narrow escape from death as God's work

Trump supporters see his narrow escape from death as God's work By Tim Reid and Helen Coster MILWAUKEE, July 15 (Reuters) - Donald Trump's narrow brush with a would-be assassin's bullet has further convinced his evangelical supporters he is blessed by God, reinforcing the messianic undertones of his populist presidential campaign. Trump and his campaign have infused his candidacy with Christian imagery, prompting critics to accuse them of fostering a cult of personality with him as its leader, s
Reuters - 54 minutes ago

Heavy oil discount narrows marginally

CANADA-CRUDE-Heavy oil discount narrows marginally July 15 (Reuters) - The discount on Western Canada Select (WCS) heavy crude versus the North American benchmark West Texas Intermediate (WTI) narrowed on Monday: * WCS for August delivery in Hardisty, Alberta, settled at $13.40 a barrel below WTI on Monday, according to brokerage CalRock, holding steady.
Reuters - 1 hour ago

Verizon Is Exploring Selling Thousands Of Towers In Us For More Than $3 Billion - Bloomberg News

BRIEF-Verizon Is Exploring Selling Thousands Of Towers In Us For More Than $3 Billion - Bloomberg News July 15 (Reuters) - VERIZON IS EXPLORING SELLING THOUSANDS OF TOWERS IN US FOR MORE THAN $3 BILLION - BLOOMBERG NEWS Source text: https://tinyurl.com/23lb8sgd Further company coverage: VZ.N
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Reuters - 1 hour ago

Australia's IGO to record impairment against nickel assets in strategy shift

UPDATE 2-Australia's IGO to record impairment against nickel assets in strategy shift Recasts paragraph 1, adds background in paragraphs 6-7 July 16 (Reuters) - Australia's IGO Ltd IGO.AX said on Tuesday it would record a non-cash impairment charge against its nickel exploration assets for fiscal 2024, bringing its nickel impairments up to nearly A$1.5 billion in the past two years.
Reuters - 1 hour ago

Activist Starboard builds over 6.5% stake in Tinder owner Match, WSJ reports

UPDATE 1-Activist Starboard builds over 6.5% stake in Tinder owner Match, WSJ reports Adds share reaction, details from report and background from paragraph 2 onwards July 15 (Reuters) - Activist investor Starboard has a position in Tinder owner Match MTCH.O of more than 6.5% and is pushing for a possible sale if a turnaround isn't successful, the Wall Street Journal reported on Monday, citing people familiar with the matter.
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Reuters - 1 hour ago

Motorcycling-Gardner replaces injured Crutchlow for British MotoGP

Motorcycling-Gardner replaces injured Crutchlow for British MotoGP LONDON, July 15 (Reuters) - Australian Remy Gardner will replace injured MotoGP wild card Cal Crutchlow at the Briton's home grand prix next month, Yamaha said on Monday. Gardner, 26-year-old son of 1987 world champion Wayne, was also a stand-in for Yamaha's injured Spaniard Alex Rins in Germany on July 7. Crutchlow, who retired from full-time racing at the end of the 2020 season, would have been the only British rider in the top
Reuters - 2 hours ago

Trillion-dollar group urges government action to stop nature loss

Trillion-dollar group urges government action to stop nature loss Open letter backed by 132 companies Countries set plans ahead of COP16 talks Backers include Danone, RWE, Teck Resources, Holcim By Simon Jessop and Jake Spring LONDON/SAO PAULO, July 16 (Reuters) - More than 100 companies, including Unilever ULVR.L , L'Occitane 0973.HK and Iberdrola IBE.MC , have called on governments to enact tougher policies to reach a U.N.
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Reuters - 2 hours ago

TotalEnergies, SSE to launch EV charging company in UK and Ireland

TotalEnergies, SSE to launch EV charging company in UK and Ireland By America Hernandez PARIS, July 16 - French oil major TotalEnergies and UK power firm SSE are seeking to grab a 20% share of the electric vehicle (EV) fast-charging market in Britain and Ireland by launching a joint venture named Source, the companies said on Tuesday. Source, a 50/50 partnership, will deploy and operate up to 3,000 fast-charge points in the two countries over the next five years, to be supplied with renewable en
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Reuters - 2 hours ago

Arbitration body orders Morocco to pay $150 mln to Corral Holding in refiner case -minister

Arbitration body orders Morocco to pay $150 mln to Corral Holding in refiner case -minister RABAT, July 15 (Reuters) - The World Bank's dispute settlement body, the International Centre for Settlement of Investment Disputes, on Monday, ordered Morocco to pay a compensation of $150 million to Corral Morocco Holding over an idled refiner, Morocco's finance minister said.
Reuters - 2 hours ago

New Zealand's Black Pearl Group gains most in 8-weeks on positive Q1 results

BUZZ-New Zealand's Black Pearl Group gains most in 8-weeks on positive Q1 results ** Shares of New Zealand's Black Pearl Group BPG.NZ rise as much as 5.3% to NZ$0.6 0 , marking their biggest intraday pct gain since May 20 ** Data technology co posts Q1 FY25 subscription revenue of NZ$1.5 mln ($910,500), up 143% YoY ** Posts Q1 gross profit margin o
Reuters - 2 hours ago

Australia's IGO to record impairment against nickel assets in FY24 results

Australia's IGO to record impairment against nickel assets in FY24 results July 16 (Reuters) - Australia's IGO Ltd IGO.AX said on Tuesday that it will record an impairment charge against its nickel exploration assets for fiscal 2024. Reporting by Archishma Iyer in Bengaluru; Editing by Mohammed Safi Shamsi
Reuters - 2 hours ago

Rio Tinto's second-quarter iron ore shipments miss after May train derailment

UPDATE 2-Rio Tinto's second-quarter iron ore shipments miss after May train derailment Recasts paragraph 1, rewrites throughout with details about forecast, results By Rishav Chatterjee July 16 (Reuters) - Global mining giant Rio Tinto RIO.AX , RIO.L> on Tuesday posted second-quarter iron ore shipments below analyst estimates, reflecting impacts to production from a train derailment in mid-May.
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Reuters - 2 hours ago

Starboard builds over 6.5% stake in tinder parent Match, WSJ reports

Starboard builds over 6.5% stake in tinder parent Match, WSJ reports July 15 (Reuters) - Activist investor Starboard has a position in Tinder parent Match MTCH.O of more than 6.5% and is pushing for a possible sale if a turnaround isn't successful, the Wall Street Journal reported on Monday, citing people familiar with the matter. Reporting by Urvi
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Reuters - 2 hours ago

Starboard Builds Big Stake In Tinder Parent Match- WSJ

BRIEF-Starboard Builds Big Stake In Tinder Parent Match- WSJ July 15 (Reuters) - STARBOARD BUILDS BIG STAKE IN TINDER PARENT MATCH- WSJ STARBOARD HAS A POSITION IN MATCH OF MORE THAN 6.5% - WSJ Source text: [ https://tinyurl.com/3htwnxvm ] Further company coverage: MTCH.O
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Reuters - 2 hours ago

Rio Tinto Says Qtrly Pilbara Iron Ore Shipments (100% Basis) 80.3 MT

BRIEF-Rio Tinto Says Qtrly Pilbara Iron Ore Shipments (100% Basis) 80.3 MT July 16 (Reuters) - Rio Tinto Ltd RIO.AX : QTRLY PILBARA IRON ORE SHIPMENTS (100% BASIS) 80.3 MT QTRLY ALUMINIUM PRODUCTION 824 KT QTRLY MINED COPPER PRODUCTION ON CONSOL BASIS 171 KT QTRLY PILBARA IRON ORE PRODUCTION (100% BASIS) 79.5 MT EXPECTATIONS FOR PILBARA IRON ORE SH
Reuters - 2 hours ago

Rio Tinto Q2 iron ore shipments rise 3% sequentially

Rio Tinto Q2 iron ore shipments rise 3% sequentially July 16 (Reuters) - Rio Tinto RIO.AX , RIO.L reported around 3 % sequential rise in its second-quarter iron ore shipments on Tuesday, as improved weather conditions led to higher production after a maintenance-heavy March quarter. The world's largest producer of iron ore shipped 80.3 million tons (Mt) of the steel-making commodity from its Pilbara operations in the three months ended June 30, compared with 78 mt in the first quarter.
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Reuters - 2 hours ago

Hugo Boss cuts full year sales guidance over weaker demand in China, UK

UPDATE 1-Hugo Boss cuts full year sales guidance over weaker demand in China, UK Adds details from statement in paragraphs 1-3 and 6, and background in 4, 5, 7 and 8 July 15 (Reuters) - German fashion house Hugo Boss BOSSn.DE on Monday cut its sales guidance for the year to a range of between 4.20 billion euros ($4.58 billion) to 4.35 billion euros over weakening global consumer demand especially in markets like China and the UK.
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Reuters - 2 hours ago

Australian shares set to open rangebound; NZ falls

Australian shares set to open rangebound; NZ falls July 16 (Reuters) - Australian shares are set to open largely unchanged on Tuesday, with likely gains by gold stocks on strong bullion prices expected to counter potential losses by local miners and oil firms on weak copper and oil prices globally. The local share price index futures YAPcm1 fell 0.1%, a 19.6-point discount to the underlying S&P/ASX 200 index .AXJO close.
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