By Fergal SmithThe Canadian dollar weakened against its U.S. counterpart on Friday as investors weighed uncertain prospects for Canada's economy, but the move was limited after expectations eased for Federal Reserve interest rate hikes.The loonie FX_IDC:USDCAD was trading 0.1% lower at 1.42 per U.S…
Ferrari MIL:RACE launched a limited-edition 12-cylinder model with a manual gearbox on Friday, appealing to traditional fans of roaring petrol engines and hands-on driving after the mixed initial reception for its first electric vehicle.Ferrari's 12Cilindri Manuale - a special series of 2024's 12C…
The following table shows crude output by the Organization of the Petroleum Exporting Countries in millions of barrels per day in June and May, according to a Reuters survey on Friday.The outbreak of the Iran war on February 28 forced large production shutdowns in Gulf nations due to the effective…
Toby Neugebauer, the co-founder and largest shareholder of energy and data center development company Fermi NASDAQ:FRMI, said on Friday he has suspended his proxy campaign to call a special meeting after a Texas Business Court judge recused himself shortly before a scheduled hearing, disrupting th…
By Nqobile DludlaChina's Chery HKEX:9973 formally took over Nissan's car manufacturing plant in Rosslyn on Friday under a deal that was announced in January, and executives said the company will spend millions of dollars upgrading and adding machinery ahead of starting vehicle production in…
Portugal has asked the EU, Spain and Morocco to have extra firefighting aircraft ready in case wildfires worsen during the current heatwave, Prime Minister Luis Montenegro said on Friday.He said the unusual move was prompted not by a shortage of national resources, but by what he described as an "e…
JPMorgan said on Thursday that softer buying from key demand sectors and gold's renewed sensitivity to real yields could keep prices range-bound in the near term, though it expects a recovery in the second half of 2026, with prices averaging $4,300/oz in the third quarter and $4,500/oz in the fourt…
A consortium formed by Brazilian power company Alupar BMFBOVESPA:ALUP3 and the Infra II Investment fund won on Friday the largest lot in a power transmission auction in the country, securing projects expected to require 1.1 billion reais ($212.78 million) in investment.The consortium's bid was a 52…
Robusta coffee futures on ICE fell on Friday but marked a fourth consecutive week of gains, buoyed by crop concerns in Brazil and Vietnam.There was no trading in arabica coffee, raw sugar and New York cocoa because of the U.S. Independence Day holiday.COFFEE* Robusta coffee ICEEUR:RC2! settled down…
Toby Neugebauer:
By Loucoumane CoulibalyIvory Coast opened a 52.4 megawatt (MW) solar power plant on Friday, part of the government's efforts to increase the share of renewable energy in its electricity mix and reach climate goals set in 2021.The world's largest cocoa producer is seeking to become a major power sup…
Britain's FTSE 100 ended higher on Friday and notched a weekly gain, supported by financials, while higher gold prices lifted precious metals miners.The blue-chip FTSE 100 index CURRENCYCOM:UK100 closed up 0.2% at 10,679.03 points, while the midcap FTSE 250 FTSE:MCX climbed 0.5%.
French defence group Thales EURONEXT:HO said on Friday it would book an exceptional charge of about €450 million ($514.58 million) in the first half of 2026 after Germany scrapped the F126 frigate programme, while raising its 2026 order intake and cash generation targets for the year.Thales said th…
By Sabine Siebold, Maria Martinez and Holger HansenGermany plans to lift 2027 borrowing to more than €203 billion ($232 billion), according to the budget draft seen by Reuters on Friday, a sharper rise than previously signalled, as Berlin ramps up investment and defence to shield its sluggish econ…
Rohas Tecnic Bhd MYX:ROHAS:
Imperium Technology Group Ltd HKEX:776:
The quick retreat of energy prices in recent weeks has caught the European Central Bank off guard but the political outlook remains volatile and requires vigilance, Bundesbank President Joachim Nagel said on Friday."We do not know if there is really a peace agreement coming," Nagel told a conferenc…
By Nicole JaoAmericans are revving up for the Fourth of July holiday, undeterred by gasoline prices that remain elevated and well above historical levels.The easing of tensions between the U.S. and Iran has provided some relief at the pump, reducing fears that disruptions to oil shipments through t…
Braga Moro Sistemi di Energia SpA MIL:BRM:
-- Source link: https://tinyurl.com/3ds99w55-- Note: Reuters has not verified this story and does not vouch for its accuracy
