Commodities
Berenberg downgrades Rio Tinto to 'sell', expects downside surprise in 1H results
Analysts at Berenberg downgraded their rating on shares of Rio Tinto from 'hold' to 'sell', telling clients that they believed there was more downside in the shares.
US trade deficit narrows a tad less than expected in May despite jump in exports
America's shortfall on trade with the rest of the world narrowed a tad less than expected last month despite a jump in exports.
US secondary weekly jobless claims rise slightly
US unemployment claims moved slightly higher during the preceding week.
Shell moves to derecognise Sakhalin-2 LNG volumes
Shell guided towards lower second quarter liquid natural gas liquefaction volumes after Russia moved to take over the Sakhalin-2 gas and oil project in the country's Far East.
German May industrial production rises less than expected
German industrial production rose less than expected in May as supply chains constraints worsened due to the war in Ukraine and Covid lockdowns in China, according to official data released on Thursday.