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July 1, 2022

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Dollar retreats as markets rethink Fed rate bets, eye ECB hikes

Reuters
U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic Register now for FREE unlimited access to Reuters.com Register U.S. rate hike bets pare back aggressive Fed tightening path Investors watching ECB annual forum in Sintra Markets on lookout for euro zone price data later in......

U.S. court upholds Arizona land swap deal for Rio Tinto copper mine

Reuters
A sign adorns the building where mining company Rio Tinto has their office in Perth, Western Australia, November 19, 2015. REUTERS/David Gray/File Photo Register now for FREE unlimited access to Reuters.com Register June 25 (Reuters) – A U.S. appeals court has ruled that the federal government may give thousands of......

Wall Street mints big gains to end strong week

Reuters
S&P 500 has biggest daily jump since May 2020 All 11 major S&P 500 sectors higher Bank stocks rally after clearing Fed’s stress test FedEx jumps after strong forecast Indexes up: Dow 2.68%, S&P 3.06%, Nasdaq 3.34% June 24 (Reuters) – Wall Street’s main indexes soared on Friday in a......

Stocks up as commodity slide offers a salve for inflation fears

Reuters
Men wearing protective masks amid the coronavirus disease (COVID-19) outbreak, use mobile phones in front of an electronic board displaying Japan’s Nikkei index outside a brokerage in Tokyo, Japan June 16, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register SINGAPORE, June 24 (Reuters) – Stocks and......

Indian shares rise as automakers enjoy best day in over two years

Reuters
People walk past the Bombay Stock Exchange (BSE) building in Mumbai, India, November 4, 2020. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register BENGALURU, June 23 (Reuters) – Indian shares bucked a broader downturn on Thursday as weak metal and oil prices drove beaten-down automakers to their......

Miner Fortescue says it won’t shy away from countries with troubled human rights

Reuters
Andrew Forrest, Chairman and Founder, Fortescue Metals Group speaks at the Global Energy Transition 2022 conference in New York City, New York, U.S. June 14, 2022. REUTERS/David Dee Delgado Register now for FREE unlimited access to Reuters.com Register NEW YORK, June 14 (Reuters) – Andrew Forrest, the chairman and founder......

UK shares slip as U.S. inflation fans fears of aggressive rate hikes

Reuters
Pedestrians leave and enter the London Stock Exchange in London, Britain August 15, 2017. REUTERS/Neil Hall Register now for FREE unlimited access to Reuters.com Register FTSE 100 down 2.1%, FTSE 250 off 2.0% GSK rises on RSV vaccine success in late-stage trial June 10 (Reuters) – British shares fell on......

How a battery shortage is hampering the U.S. switch to wind, solar power

Reuters
June 9 (Reuters) – U.S. renewable energy developers have delayed or scrapped several big battery projects meant to store electrical power on the grid in recent months, scuttling plans to replace fossil fuels with wind and solar energy. At least a dozen storage projects meant to support growing renewable energy......

U.S. mulls lifting some China tariffs to fight inflation

Reuters
WASHINGTON, June 5 (Reuters) – U.S. Commerce Secretary Gina Raimondo said on Sunday that President Joe Biden has asked his team to look at the option of lifting some tariffs on China that were put into place by former President Donald Trump, to combat the current high inflation. “We are......

Elliott Associates sues LME for $456 mln over nickel trading halt – HKEX

Reuters
Traders work on the floor of the London Metal Exchange in London, Britain, September 27, 2018. REUTERS/Simon Dawson/File Photo Register now for FREE unlimited access to Reuters.com Register HONG KONG, June 6 (Reuters) – Fund manager Elliott Associates has sued London Metal Exchange (LME) for $456 million following the suspension......

Indian shares muted as Reliance, tech stocks counter auto losses

Reuters
A man speaks on his mobile phone past a new brand identity for Nifty Indices inside the National Stock Exchange (NSE) building in Mumbai, India, May 28, 2019. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register BENGALURU, June 2 (Reuters) – Indian shares were flat on Thursday......

Indian shares muted as metal, banking gains offset auto losses

Reuters
People stand outside the Bombay Stock Exchange (BSE), after Sensex surpassed the 60,000 level for the first time, in Mumbai, India, September 24, 2021. REUTERS/Francis Mascarenhas/File Photo Register now for FREE unlimited access to Reuters.com Register BENGALURU, June 1 (Reuters) – Indian shares were flat on Wednesday, as gains in......

Blaze at Peru’s Las Bambas copper mine as tension rises

Reuters
LIMA, May 31 (Reuters) – A fire broke out on Tuesday in Peru’s massive Las Bambas copper mine, a source told Reuters, amid clashes between police and an indigenous community that has occupied space there for more than a month. MMG Ltd’s (1208.HK) mine, which accounts for about 2% of......

Banks, tech stocks drag Indian shares lower; GDP data in focus

Reuters
The Bombay Stock Exchange (BSE) building is seen in Mumbai, India, January 31, 2020. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register BENGALURU, May 31 (Reuters) – Indian shares snapped a three-session run of gains on Tuesday as banking and technology stocks lost steam ahead of key......

Indian shares rise more than 1% on tech rally

Reuters
A man wearing a protective mask walks past the Bombay Stock Exchange (BSE) building in Mumbai, India, March 13, 2020. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register BENGALURU, May 30 (Reuters) – A rally in technology stocks drove up Indian shares more than 1% on Monday,......

IT stocks drive Indian shares higher, Hindalco jumps on strong earnings

Reuters
A bird flies past the logo of National Stock Exchange (NSE) installed on the facade of its building in Mumbai, India, February 9, 2018. REUTERS/Danish Siddiqui Register now for FREE unlimited access to Reuters.com Register BENGALURU, May 27 (Reuters) – Indian shares rose 1% on Friday, driven by gains in......

Column: Market turbulence won’t slow aluminium’s green drive: Andy Home

Reuters
LONDON, May 26 (Reuters) – These are turbulent times for the global aluminium market. Aluminium has for years been characterised by chronic oversupply thanks to China’s relentless build-out of primary smelting capacity. Now, however, buyers in Europe and the United States are paying up record high premiums to get hold......

Indian shares reverse early gains as energy, metal stocks drag

Reuters
A bird flies past the Bombay Stock Exchange (BSE) building in Mumbai, India, January 31, 2020. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register BENGALURU, May 26 (Reuters) – Indian shares gave up early gains to trade lower on Thursday, as losses in metal and energy stocks......

Indian shares slump as inflation, economic slowdown fears linger

Reuters
A security guard walks past the logo of the National Stock Exchange (NSE) inside its building in Mumbai, India, May 28, 2019. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register BENGALURU, May 19 (Reuters) – Indian shares dropped 2% on Thursday, weighed down by a broader market......

Column: European smelter hits mean another year of zinc shortfall: Andy Home

Reuters
LONDON, May 16 (Reuters) – The global refined zinc market is expected to register a supply shortfall of 292,000 tonnes this year, according to the International Lead and Zinc Study Group (ILZSG). It will be the second consecutive year of deficit after global production fell short of demand to the......

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