Aussie dollar near 2024 high as China cuts rates ahead of RBA

By Kevin Buckland TOKYO (Reuters) – The Australian dollar hovered close to its highest level this year on Tuesday, with the central bank set to hold policy steady later and…

Oil prices stall amid mixed business activity readings

Investing.com– Oil prices rose slightly in Asian trade on Tuesday, although a recent rebound appeared to have run dry amid a series of mixed readings on business activity from across…

Miner backed by Canada province vows to compete with China in rare earths

By Divya Rajagopal TORONTO (Reuters) -The Canadian province of Saskatchewan has vowed to compete with China in processing and production of rare earths and become the first North American commercial…

Oil prices rise on concerns of wider Middle East conflict, US storm

KUALA LUMPUR (Reuters) – Oil prices rose on Tuesday on concerns the intensifying conflict between Israel and Hezbollah may impact supply in the key Middle East producing region and a…

FTC set to greenlight chevron’s $53 billion buy of oil rival Hess, sources say

By Sabrina Valle (Reuters) – The U.S. Federal Trade Commission is expected to greenlight U.S. oil producer Chevron (NYSE:CVX)’s purchase of Hess (NYSE:HES) as soon as this week, two people…

NinjaTrader Fined $900K+ by CFTC for Mishandling Fraudulent Accounts

Commodity Futures Trading Commission (CFTC) has fined NinjaTrader Clearing, LLC (NTC) $983,425 for failing to adequately supervise employee handling of accounts linked to a fraudulent case. Fraudulent Account Handling According…

Oil settles lower on weak euro zone business activity

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices closed lower on Monday as worries about demand were compounded by disappointing euro zone business activity and a weak Chinese economy. Brent crude…

Euro slumps, dollar index edges higher after PMI data

By Chuck Mikolajczak NEW YORK (Reuters) -The euro fell against the dollar on Monday as business activity reports for the euro zone economy disappointed, briefly extending declines after U.S. data…

Oil dips as weak euro zone business activity compounds demand worries

By Arathy Somasekhar HOUSTON (Reuters) – Oil prices eased more than $1 on Monday as disappointing euro zone business activity added to worries about weak demand. Brent crude futures for…

Texas sues Biden administration over lizard’s endangered status, cites oil industry threat

By Jonathan Stempel (Reuters) – Texas Attorney General Ken Paxton sued the Biden administration on Monday for declaring the dunes sagebrush lizard an endangered species, saying the politically motivated decision…