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Rio Tinto iron ore train derailed at weekend in Western Australia
MELBOURNE (Reuters) -Rio Tinto was working on Monday to recover about 30 wagons of a self-driving iron ore train that derailed in Western Australia, an accident that analysts said had the potential to...
Syndicated Content Jun 18, 2023
Marketmind: Ready for more rate hikes, and one cut
By Wayne Cole (Reuters) - A look at the day ahead in European and global markets from Wayne Cole. It's been predictably subdued in Asia as a U.S. holiday provides a convenient excuse for stocks to con...
Syndicated Content Jun 18, 2023
Late push for coal subsidies upsets EU deal on energy reforms
By Kate Abnett LUXEMBOURG (Reuters) - A late proposal to extend subsidies for coal plants has upset European Union countries' plans to on Monday approve a reform of the bloc's power market, which was ...
Syndicated Content Jun 18, 2023
New China-focused hedge fund bucks trend to raise more than $100 million
By Summer Zhen and Xie Yu HONG KONG (Reuters) - A new China-focused hedge fund, led by a former Hillhouse Capital Management fund manager, has raised between $100 million and $150 million, marking one...
Syndicated Content Jun 18, 2023
Dollar drifts as traders weigh rate path; yen fragile
By Ankur Banerjee SINGAPORE (Reuters) - The U.S. dollar was tentative on Monday as investors tried to assess the monetary policy path ahead after a raft of central bank meetings last week, while the y...
Syndicated Content Jun 18, 2023
Their parents made China the world’s factory. Can the kids save the family business?
By David Kirton RUICHANG, China (Reuters) - When Steven Du took over his parents' factory producing temperature control systems in Shanghai, one of the first changes he made was to turn on the plant's...
Syndicated Content Jun 18, 2023
Golf – Clark wins U.S. Open for first major title
LOS ANGELES (Reuters) - American Wyndham Clark won the U.S. Open at Los Angeles Country Club by one shot over Rory McIlroy on Sunday to claim his first major title. Clark, who began the day in a share...
Syndicated Content Jun 18, 2023
Oil prices come off earlier gains as banks cut China growth forecasts
By Katya Golubkova TOKYO (Reuters) - Global oil prices fell on Monday, backing off last week's gains as questions over China's economy outweighed OPEC+ output cuts and the seventh straight drop in the...
Syndicated Content Jun 18, 2023
Asian stocks off to a slow start, eyeing China stimulus, Powell testimonies
By Stella Qiu SYDNEY (Reuters) - Asian shares started cautiously on Monday after their best weekly run in five months, as investors looked ahead to China's rate decision and U.S. Federal Reserve Chair...
Syndicated Content Jun 18, 2023
Fortescue expands battery and electric powertrain output in UK with new plant
(Reuters) - Australian miner Fortescue Metals is expanding its battery and electric powertrain production operations in the UK with a new plant in Oxfordshire, its green power arm Fortescue Future Ind...
Syndicated Content Jun 18, 2023
Peoria, IL, USA
55 °F Partly cloudy
