By Jarrett Renshaw and Sheila DangU.S. oil companies are set to report their strongest quarterly profits in years, courting a possible clash with President Donald Trump, who has been pressing his longtime ally Big Oil to bring down gasoline prices before midterm elections in November.After months o…
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CHINA'S STATE IRON ORE BUYER EXTENDS RESTRICTIONS ON FORTESCUE - BLOOMBERG NEWSCHINA HAS ASKED SEVERAL DOMESTIC STEEL MILLS AND TRADERS NOT TO BUY ANY NEW, US DOLLAR-DENOMINATED CA
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Robusta coffee futures on ICE fell on Friday but were heading for 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! fe…
Stellantis' MIL:STLAM vehicle production in Italy rose 13.7% in the first half of 2026 from a year earlier, the FIM Cisl trade union said on Friday, but warned that projected full-year output would still be well below 2023 levels.The Franco-Italian carmaker's output in Italy totalled 252,223 vehicl…
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Futures tracking Canada's blue-chip stocks edged higher on Friday, supported by firmer gold prices after a weaker-than-expected U.S. jobs data tempered bets for a near-term Federal Reserve interest rate hike.September futures on the S&P/TSX index (SXFcv1) were up 0.1% at 6:23 a.m. ET (1023 GMT).FOR…
Spain's CNMV:Source text
By Yantoultra Ngui and Phuong NguyenBlackstone, CVC Capital Partners and Japan's MUFG are among bidders for a stake in Vietnamese fintech firm MoMo as it presses ahead with a partial sale, two people with direct knowledge of the matter said.Binding bids are due in September, added the people, who d…
By Polina DevittAluminium prices fell on Friday, with the market expecting an improvement in supplies from the key Middle East region as a U.S.-Iran interim peace agreement appeared to hold.Benchmark three-month aluminium LME:AH1! on the London Metal Exchange was down 0.2% at $3,086 a metric ton in…
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Malaysian palm oil futures slipped to a near three-week low on Friday, logging a second straight week of loss, amid expectations of rising output and growing stockpiles.The benchmark palm oil contract (FCPOc3) for September delivery on the Bursa Malaysia Derivatives Exchange was down 23 ringgit, or…
Brazil's federal police launched an operation against suspects who are under U.S. sanctions over alleged ties to the PCC drug gang, two sources told Reuters on Friday.Without naming the suspects, the federal police said in a statement that the operation sought to dismantle a criminal group involved…
By Afiq Fitri AliasThe United States is again trying to lure foreign capital into Iran. A key part of last month’s ceasefire signed between Washington and Tehran was a $300 billion “reconstruction fund” for the Islamic Republic. The details may differ from a similar push in the wake of the 2015 Joi…
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