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Gold prices steady as US rate-cut optimism supports

PRECIOUS-Gold prices steady as US rate-cut optimism supports July 16 (Reuters) - Gold prices were steady on Tuesday, buoyed by bets that the Federal Reserve will cut interest rates this year, while focus shifted to U.S. economic data due later in the day for further monetary policy clues. FUNDAMENTALS * Spot gold XAU= held its ground at $2,422.12 per ounce, as of 0021 GMT.
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Rio Tinto's African iron ore project receives all necessary approvals

Rio Tinto's African iron ore project receives all necessary approvals July 16 (Reuters) - Rio Tinto's RIO.L , RIO.AX massive African iron ore project in Guinea, Simandou, has received all the regulatory approvals from the local and Chinese governments, the global miner said on Tuesday. Reporting by Rishav Chatterjee in Bengaluru; Editing by Rashmi
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Champion Iron Says Gradual Return Of Workforce To Bloom Lake Mine

BRIEF-Champion Iron Says Gradual Return Of Workforce To Bloom Lake Mine July 16 (Reuters) - Champion Iron Ltd CIA.AX : GRADUAL RETURN OF WORKFORCE TO BLOOM LAKE MINE FOLLOWING TEMPORARY SHUT DOWN OF OPERATIONS ON JULY 12 Further company coverage: CIA.AX

Australia's IGO falls on potential impairment charges in FY24

BUZZ-Australia's IGO falls on potential impairment charges in FY24 ** Shares of IGO Ltd IGO.AX fall 1.7% to A$5.9, set for worst day since July 10, if losses continue ** The battery metal producer says it would record a non-cash impairment charge against its nickel exploration assets for FY24 ** IGO expects to record between A$275 mln ($185.93 mln)

Australia's Integrated Research rises on positive FY outlook

BUZZ-Australia's Integrated Research rises on positive FY outlook ** Shares of Integrated Research IRI.AX advance as much as 11.2% to A$0.940, set for their best day since May 13, if current trend holds ** The software co expects FY statutory operating profit of between A$23 mln ($15.54 mln) and A$25 mln, an increase of 90%-107% from prior correspo

Gold prices steady as US rate-cut optimism supports

PRECIOUS-Gold prices steady as US rate-cut optimism supports July 16 (Reuters) - Gold prices were steady on Tuesday, buoyed by bets that the Federal Reserve will cut interest rates this year, while focus shifted to U.S. economic data due later in the day for further monetary policy clues. FUNDAMENTALS * Spot gold XAU= held its ground at $2,422.12 per ounce, as of 0021 GMT.
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J-Power's $258 mln bid for Genex Power passes on proxy votes, Genex says

UPDATE 1-J-Power's $258 mln bid for Genex Power passes on proxy votes, Genex says Adds details of the vote plus background from paragraph 3 By Scott Murdoch 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.

Soybeans rise from four-year low on bargain-buying; wheat firms

GRAINS-Soybeans rise from four-year low on bargain-buying; wheat firms SINGAPORE, July 16 (Reuters) - Chicago soybeans inched higher on Tuesday with bargain-buying supporting the market, which dropped to its lowest levels in almost four years in the previous session as traders weighed the consequences of ample global supply. Wheat edged higher after deep losses, although the market is likely to face headwinds from improved crop prospects in Russia.

Rio Tinto slides on muted second-quarter update amid shipments miss

BUZZ-Rio Tinto slides on muted second-quarter update amid shipments miss ** Shares of Australia's Rio Tinto RIO.AX fall as much as 2.6% to A$116.75, last down 1.6% ** Stock hits lowest since March 18 ** Global mining giant posts second-quarter iron ore shipments below analyst estimates, reflecting impacts to production from a train derailment in mid-May.
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Oil prices tick down on worries about Chinese demand

Oil prices tick down on worries about Chinese demand By Arathy Somasekhar July 16 (Reuters) - Oil prices edged lower on Tuesday on worries about a slowing Chinese economy crimping demand, though a growing consensus that the U.S. Federal Reserve will begin cutting its key interest rate as soon as September limited declines. Brent futures LCOc1 fell 9 cents, or 0.1%, to $84.76 a barrel by 12:21 GMT, while U.S.

US military confirms Houthi attacks on vessels in Red Sea

US military confirms Houthi attacks on vessels in Red Sea July 15 (Reuters) - Houthis launched multiple attacks in the Red Sea against MT Bentley I, which was carrying vegetable oil from Russia to China, and also attacked the Chios Lion tanker ship, the U.S. military said on X on Monday. Reporting by Costas Pitas

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

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%.

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

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.

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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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.

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

UPDATE 2-Activist Starboard builds over 6.5% stake in Tinder owner Match, WSJ reports Adds Match Group's comment in Para 5 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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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

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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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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Online yatırım platformumuzda yayınlanan tüm materyaller yalnızca eğitim/bilgilendirme amaçlıdır ve finansal tavsiye, yatırım vergisi veya yatırım tavsiyesi ve önerileri ya da yatırım fiyatlarımızın kaydı veya herhangi bir finansal enstrümanda işlem yapılması için bir teklif veya teşvik ya da talep edilmemiş finansal promosyonları içermez ve içerdiği şeklinde bir değerlendirme yapılmamalıdır.

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