Economic news
EU urges China to loosen rare earth curbs as carmakers near crisis point
European trade commissioner Maroš Šefčovič raises shortage of vital materials with Chinese commerce minister
Michael Platt’s bet against US dollar helps drive BlueCrest to 28% gain
Hedge fund turned family office has long-term bearish stance on US currency
Abu Dhabi minerals company buys DR Congo tin mine stake from Denham arm
IRH’s deal in war-torn region shows Gulf states’ appetite to gain a stronghold in critical minerals
Private sector hiring rose by just 37,000 in May, the lowest in more than two years, ADP says
The report comes two days before the more closely watched nonfarm payrolls count from the Bureau of Labor Statistics.
The euro zone is ready for a new member: Bulgaria
Bulgaria’s ascension to the euro would take the bloc to 21 members.