BRUSSELS (Reuters) - The European Union will respond to U.S. tariffs imposed on steel and aluminum in a “responsible and reasonable” way, the chairman of EU leaders said in a letter published on Tuesday.EU leaders will discuss the threat of a trade war at their summit on Thursday and Friday, by when they should know if the United States has been willing to exempt the European Union fro...Read More

WASHINGTON (Reuters) - Just months before the country’s next general election, U.S. senators said Russian cyber attacks on the voting system were unabated and called for urgent action and funding on Tuesday to help states battle foreign attempts to intervene in U.S. democracy.The Senate Intelligence Committee released its first draft recommendations on how to prevent foreign hacking of U.S....Read More

BUENOS AIRES (Reuters) - The world’s financial leaders are likely to reaffirm on Tuesday their commitment to fighting protectionism and recognize the need for “further dialogue and actions” on trade, just days before U.S. steel and aluminum tariffs are to enter into force.Finance ministers and central bankers of the world’s 20 biggest economies, the G20, have been meeting i...Read More

By Adam ClarkGlencore PLC (GLEN.LN) said on Tuesday that it intends to issue $500 million in cash-settled convertible bonds due 2025. The mining company said the net proceeds of the offering will be used for general corporate purchases. Glencore said the bonds won't carry any interest and will be issued at between 93.25% and 98.25% of their nominal value of $200,000 each. Glencore said the initial...Read More

LiDCO Group plc (LON:LID) saw its shares drop 7.5% in mid-afternoon trading to 6.1p after announcing the end of its distribution contract with Argon Medical Devices.The blood-flow monitoring company said the contract, which contributed ?1.4mln to LiDCO's overall sales in the last financial year, would end on 30 September 2018.Meanwhile, shares in GetBusy Plc (LON:GETB) fell 6.8% to 34p as the sof...Read More

In this article, I am analyzing in clear details three stable top-tier gold miners.One fundamental idea is that gold stocks are often used as a hedge, to offset losses in other asset groups.These three gold miners are suitable candidates and could be eventually accumulated for the long-term with a limited risk of an adverse financial breakout. Investment Thesis The primary challenge we all face as...Read More

Hyonhee Shin, Idrees AliSEOUL/WASHINGTON (Reuters) - The United States and South Korea will resume joint military drills next month, Seoul and Washington said on Tuesday, exercises that will go ahead despite U.S. President Donald Trump’s planned meeting with North Korean leader Kim Jong Un.Seoul and Washington said in January they would delay the annual exercises until after the Winter Olymp...Read More

KINSHASA, March 20 (Reuters) - Democratic Republic of Congo said on Tuesday it would open negotiations with mining companies on Wednesday about implementing a new mining code that hikes taxes and royalties.President Joseph Kabila signed the new code, which replaces a predecessor from 2002, earlier this month despite strong objections from industry, which said it would scare off investment and viol...Read More

Susan Cornwell, Richard CowanWASHINGTON (Reuters) - U.S. lawmakers sought to reach agreement on Tuesday on a massive government spending bill that Congress hopes to pass by Friday, with immigration issues such as President Donald Trump’s border wall a stumbling block in the negotiations.U.S. House of Representatives Speaker Paul Ryan said he expected lawmakers to finish writing the $1.3 tril...Read More

Anthony Boadle, David LawderBUENOS AIRES (Reuters) - The world’s financial leaders on Tuesday reaffirmed their commitment to fighting protectionism but called for “further dialogue and actions” on trade, just days before U.S. metals tariffs take effect and U.S. President Donald Trump readies sanctions on China.Finance ministers and central bankers of the world’s 20 biggest...Read More

Kylie Jenner, Rihanna, and now FB have weighed on the Snapchat parentIt's been a rough few weeks for the shares of Snapchat parent Snap Inc (NYSE:SNAP). On Feb. 22 -- just a couple weeks after SNAP gapped to an eight-month high after earnings -- the stock tumbled after reality TV star Kylie Jenner reacted to the mobile app's controversial new layout. Then, late last week, SNAP stock was smacked ag...Read More

ARNA and MRNS stocks are trading sharply higher todayThe Dow is set for a nice win today, thanks in part to rising oil prices. Three stocks making notable moves are drugmakers Arena Pharmaceuticals, Inc. (NASDAQ:ARNA), Marinus Pharmaceuticals Inc (NASDAQ:MRNS), and Proteostasis Therapeutics Inc (NASDAQ:PTI). Let's take a closer look at what's moving shares of ARNA, MRNS, and PTI.Trial Results Driv...Read More

BUENOS AIRES (Reuters) - Financial policymakers gathering in Buenos Aires on Tuesday agreed cryptocurrencies posed some risks but should not be banned altogether, the head of Italy’s central bank said on Tuesday after the meeting.“My understanding is that there was an acceptance of continuing to work also on the stability side with the idea that this doesn’t imply barring it,&rdq...Read More

NEW YORK (Reuters) - Oil prices rose to their highest level in three weeks on Tuesday as tension in the Middle East and the possibility of further falls in Venezuelan output helped offset the negative impact of growing U.S. crude production.Brent crude LCOc1 futures for May delivery rose $1.75 to $67.80 a barrel, a 2.7 percent gain by 12:09 p.m. EDT, their highest level since late February. U.S. W...Read More

(Reuters) - U.S. stocks rose on Tuesday, with energy stocks leading the way on a jump in oil prices, but another drop in Facebook’s shares kept the gains on the Nasdaq Composite and the S&P in check.Shares of Facebook (FB.O) fell 4.7 percent after Bloomberg reported the U.S. Federal Trade Commission is investigating the social network company over its use of personal data.The stock sank...Read More

   •  USD regains traction and prompts some fresh selling.   •  Improving risk appetite adds to the downward pressure.   •  Fed rate hike expectations did little to lend any support. Gold continued losing ground through the mid-European session and dropped back closer to over 2-week lows, touched in the previous session. The latest l...Read More

By Adria CalatayudRio Tinto PLC said Tuesday that it is launching a bond purchase and redemption plan worth up to $2.25 billion to reduce its gross debt. The Anglo-Australian miner said it has issued redemption notices for approximately $1.4 billion of its U.S. dollar-denominated notes maturing in 2021 and 2022. It has also started invitations to holders outside the U.S. for up to $850 million eq...Read More

Seeing Machines Limited's (LON:SEE) Ken Kroeger and Patrick Nolan talk to Proactive about a strong first half and the number of opportunities for its technology in aviation.Patrick Nolan, head of aviation, said he was excited about three applications: "Firstly, aircraft, then into the simulators with significant requirements for pilot training there."And thirdly what we are interested in is consol...Read More

(Kitco News) - Gold and silver prices were moderately lower in early afternoon U.S. trading Tuesday,pressured by a stronger U.S. dollar index on this day and some chart-based selling.Gold hit a three-week low, while silver prices notched a three-month low. April Comex gold futures were last down $7.10 an ounce at $1,310.70. May Comex silver was last down $0.165 at $16.16 an ounce.Themarketplace is...Read More

(Kitco News) - Gold and silver prices were moderately lower in early afternoon U.S. trading Tuesday, pressured by a stronger U.S. dollar index on this day and some chart-based selling. Gold hit a three-week low, while silver prices notched a three-month low. April Comex gold futures were last down $7.10 an ounce at $1,310.70. May Comex silver was last down $0.165 at $16.16 an ounce.The marketplace...Read More