(Reuters) -Hudbay Minerals said on Tuesday it has resumed operations at the Constancia mine in Peru it had temporarily shut down due to local protests and illegal blockades. (Reporting by Pranav Mathur in Bengaluru; Editing by Leroy Leo)
(Reuters) -Chevron said on Tuesday it was working to restart some of the processing units that were shut down due to a fire at its El Segundo refinery last week. “The refinery continues to operate and create transportation fuels, although at diminished rates,” the company said. Last week, Chevron’s El Segundo refinery took multiple units …
Chevron working to restart units at El Segundo refinery after fire Read More »
By Nell Mackenzie LONDON (Reuters) -Systematic hedge funds have lost money every day since October began, according to a Goldman Sachs client note. These speculators, whose algorithms ride market trends until they peter out and who use market signals rather than views on the economic aspects of the company stocks they trade, have printed negative …
Systematic hedge funds hit with daily losses in October, says Goldman Sachs Read More »
By David Shepardson WASHINGTON (Reuters) -President Donald Trump said Monday that all medium- and heavy-duty trucks imported into the United States will face a 25% tariff rate starting November 1, a significant escalation of his effort to protect U.S. companies from foreign competition. Trump last month had said heavy truck imports would face new duties …
Trump imposing new 25% large truck tariff starting Nov. 1 Read More »
(Reuters) -Exchange-traded funds (ETFs) tracking crypto assets drew record inflows of $5.95 billion globally last week, as strong demand for digital assets helped propel bitcoin to an all-time high. Digital asset investment products garnered the record capital in the week ended October 4, according to data from Coinshares. Bitcoin, the world’s largest cryptocurrency, surpassed its August peak to hit …
Global crypto ETFs attract record $5.95 billion as bitcoin scales new highs Read More »
By Mike Dolan LONDON (Reuters) -What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets World stock markets cooled a touch on Tuesday after another AI-spurred start to the week, with Washington’s shutdown putting the spotlight Federal Reserve speakers rather than data and overseas attention on Japan’s new prime minister …
Morning Bid: AI and deals fizz drown out politics Read More »
BUENOS AIRES (Reuters) -Drilling and fracking activity in Argentina’s Vaca Muerta, the world’s fourth-largest unconventional oil reserve, is plateauing due to lower oil prices and rising costs, a slowdown that could complicate the political agenda of libertarian President Javier Milei. The huge Vaca Muerta formation in western Argentina accounts for 64% of the country’s oil …
Analysis-Slowing Vaca Muerta oil activity could pose challenge for Argentina’s Milei Read More »
(Reuters) -U.S. President Donald Trump’s administration is mulling options to sell off parts of the federal government’s $1.6 trillion student loan portfolio to the private market, Politico reported on Tuesday, citing three people familiar with the matter. Reuters could not immediately verify the report. The White House, the Treasury and the Department of Education did …
By David Morgan, Andy Sullivan, Steve Holland and Nolan D. McCaskill WASHINGTON (Reuters) -The White House on Monday backed off President Donald Trump’s assertion that government employees were already being laid off due to the shutdown, but warned job losses could result as the standoff looked set to stretch into a seventh day. The Republican-led …
White House says no shutdown-related layoffs yet, but warns they could come Read More »
By Scott Murdoch (Reuters) -Australia’s corporate regulator on Tuesday approved Cboe Global Markets’ bid to list new companies on its local exchange, ramping up direct competition with the Australian Securities Exchange (ASX) in the country’s tough initial public offering (IPO) market. Cboe Australia, the local unit of the Chicago-headquartered exchange operator, can now list new …
Australia approves Cboe’s bid to operate as local IPO venue Read More »
