U.S. has administered 308.1 mln doses of COVID-19 vaccines, CDC says

U.S. has administered 308.1 mln doses of COVID-19 vaccines, CDC says

The United States has administered 308,112,728 doses of COVID-19 vaccines and distributed 374,397,205 doses in the country as of Saturday morning, the U.S. Centers for Disease Control and Prevention said. Those figures were up from the 306,509,795 doses of vaccine that the CDC said had been administered as of June 11, out of 373,413,945 doses…

Cattle gain on strong packer margins; profit-taking sinks hogs

Cattle gain on strong packer margins; profit-taking sinks hogs

CHICAGO — Chicago Mercantile Exchange (CME) cattle futures firmed on Friday on strong beef plant margins and good demand from packers for fed cattle, traders said. Cash beef prices have flattened after a prolonged run higher, but packers continue to make a large profit on each animal slaughtered. “We’re probably seeing that our boxed beef…

U.S. drops sanctions on former Iranian officials in routine step

U.S. drops sanctions on former Iranian officials in routine step

WASHINGTON — The U.S. government said on Thursday it had removed sanctions on three former Iranian officials and on two companies previously involved in trading Iranian petrochemical products, a move a U.S. official said had nothing to do with Iran nuclear talks. Speaking on condition of anonymity, the U.S. official said that the moves by…

Shell to step up energy transition after landmark court ruling

Shell to step up energy transition after landmark court ruling

LONDON — Royal Dutch Shell will seek ways to accelerate its energy transition strategy and deepen carbon emission cuts following a landmark Dutch court ruling last month, CEO Ben van Beurden said on Wednesday, a move that will likely lead to a dramatic shrinking of its oil and gas business. Shell plans to appeal the…

Endeavour Silver Drilling Intersects High-Grade Silver-Gold Mineralization in Multiple Veins at the Terronera Project in Jalisco, Mexico

Endeavour Silver Drilling Intersects High-Grade Silver-Gold Mineralization in Multiple Veins at the Terronera Project in Jalisco, Mexico

VANCOUVER, British Columbia, June 08, 2021 (GLOBE NEWSWIRE) — Endeavour Silver Corp. (TSX: EDR, NYSE: EXK) announces that it has intercepted high grade silver-gold mineralization in a number of structures near the Terronera vein, highlighting the potential of the area. Four structures, the San Simon, Fresno, Pendencia and Lindero veins are located immediately to the…

listed Altium rejects $3.9 bln Autodesk bid, saying it ‘undervalues’ company

listed Altium rejects $3.9 bln Autodesk bid, saying it ‘undervalues’ company

Australia-listed software maker Altium on Monday rejected a buyout proposal from U.S. peer Autodesk Inc as undervaluing the company but kept the door open for a better offer, helping its shares end at near six-month highs. Autodesk, which makes architecture designing software AutoCAD, offered Altium A$38.50 per share, a 41.5% premium to its last closing…

Germany backs carbon pricing in EU climate policy overhaul – document

Germany backs carbon pricing in EU climate policy overhaul – document

BRUSSELS — The German government is backing an extension of European Union carbon pricing and an end to free carbon permits for airlines as the bloc prepares new measures to help meet climate change targets, according to a document seen by Reuters. The European Commission will propose a dozen climate policies on July 14, each…

Brazil’s Anvisa approves Russian Sputnik V vaccine, with conditions

Brazil’s Anvisa approves Russian Sputnik V vaccine, with conditions

BRASILIA — Brazilian health regulator Anvisa on Friday gave the green light for states to import the Russian COVID-19 vaccine Sputnik V, but with conditions attached. Anvisa’s board voted 4-1 to grant the conditional approval after more than seven hours of deliberation, following the recommendation of its technical staff earlier in the day. Anvisa also…

World stocks end lower amid strong U.S. data and concerns about inflation

World stocks end lower amid strong U.S. data and concerns about inflation

WASHINGTON — Global equities markets lagged on Thursday after stepping back from near-record levels earlier in the week, as investors studied strong U.S. data reports for economic recovery and inflation signals. U.S. stocks wavered during the session and ended lower as investors experienced rosy reports about corporate tax hikes but still wary about the Federal…

France sees no easy fix for sugar beet disease without neonicotinoids

France sees no easy fix for sugar beet disease without neonicotinoids

PARIS — None of the alternatives to neonicotinoids for protecting sugar beet crops works well enough on its own, France’s health agency ANSES said on Wednesday, as the country looks for ways to do without the chemical seen as harmful to bees. France suspended its ban on the use of neonicotinoids on sugar beet crops…

S&P 500, Dow futures hover near record highs

S&P 500, Dow futures hover near record highs

Wall Street’s main indexes were set to open higher on Tuesday, kicking off a week packed with major economic data that is expected to shed more light on the path of inflation. Dow and S&P 500 futures were near record highs, set to extend last week’s strong gains as investors bet on economically sensitive stocks…

Oil trades near $70 a barrel on improving demand outlook

Oil trades near $70 a barrel on improving demand outlook

LONDON — Oil prices firmed on Monday, with Brent trading near $70 a barrel, underpinned by the bright outlook for fuel demand growth in the next quarter, while investors looked ahead to the OPEC+ meeting this week to see how producers will respond. Brent crude futures rose 69 cents, or 1%, to $69.41 a barrel…

Putin Is Betting Coal Still Has a Future

Putin Is Betting Coal Still Has a Future

(Bloomberg) — European governments are drawing up plans to phase out coal, U.S. coal-fired power plants are being shuttered as prices of clean energy plummet, and new Asian projects are being scrapped as lenders back away from the dirtiest fossil fuel.And Russia? President Vladimir Putin’s government is spending more than $10 billion on railroad upgrades…

Flower One Provides Third Bi-Weekly Status Report in Relation to its Annual Filings

Flower One Provides Third Bi-Weekly Status Report in Relation to its Annual Filings

LAS VEGAS & TORONTO — Flower One Holdings Inc. (“Flower One” or the “Company“) (CSE: FONE) (OTCQX: FLOOF) (FSE: F11), the leading cannabis cultivator and producer in Nevada, today provides its third bi-weekly status report further to the Company’s press release dated May 3, 2021. The Company was granted a customary management cease trade order…

U.S. FDA to allow Baltimore plant to resume J&J COVID-19 shot production -WSJ

U.S. FDA to allow Baltimore plant to resume J&J COVID-19 shot production -WSJ

The U.S. Food and Drug Administration and Johnson & Johnson are expected to announce as early as Friday that contamination problems at a COVID-19 vaccine plant in Baltimore are resolved and that vaccine production can resume, the Wall Street Journal reported on Thursday. The FDA had halted production of J&J’s vaccine at the plant, run…

The two new Exxon board members poised to shake up insular culture

The two new Exxon board members poised to shake up insular culture

HOUSTON/NEW YORK — The first Exxon Mobil directors not appointed by the company include an executive versed in renewable fuels and a “prudent” risk taker and disrupter poised to challenge the oil company’s ways, said people familiar with his career. Activists pressing Exxon to cut spending, boost returns and prepare for a lower-carbon future got…

European stocks end below record high as mining losses offset tech rally

European stocks end below record high as mining losses offset tech rally

European stocks closed flat on Tuesday, as a billion-dollar German property deal and a rally in technology shares were offset by losses in major mining stocks due to concerns over Chinese markets. The pan-European STOXX 600 index ended largely unchanged at 445.20 points, after hitting a record high of 447.15 earlier in the day. Germany’s…

Cryptocurrencies punch back after Sunday sell-off

Cryptocurrencies punch back after Sunday sell-off

LONDON/SINGAPORE — Cryptocurrencies fought back on Monday, retaking ground lost during a bout of weekend selling that was fueled by further signs of a Chinese crackdown on the emerging sector. Bitcoin jumped more than 10% to $38,538, erasing losses of 7.5% from a day earlier but still down by more than 40% from last month’s…

EFG Hermes eyes start-ups after AIB deal, says CEO

EFG Hermes eyes start-ups after AIB deal, says CEO

CAIRO — Egyptian investment bank EFG Hermes Holding is targeting minority stakes in start-ups after its acquisition of a majority stake in state-owned Arab Investment Bank, its chief executive said on Sunday. The acquisition of the 51% stake will be finalized in the third quarter and will be financed from the bank’s internal resources, CEO…

Quake in China’s Yunnan province kills three, injures 28

Quake in China’s Yunnan province kills three, injures 28

A 6.4-magnitude earthquake struck Yunnan province in southwestern China late on Friday, killing three people and injured 28, the Yunnan provincial government said on Saturday. The quake hit at a depth of 8 km (5 miles) and was followed by aftershocks, according to data from China Earthquake Networks Center. CCTV quoted authorities as saying the…