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LONDON, July 10 (Reuters) - Portfolio investors tip-toed back into crude oil as Saudi Arabia extended its unilateral production cut for at least another month, dissipating some of the extreme pessimism gripping the market at the end of June.Hedge funds and other money managers purchased the equivalent of 47 million barrels in the six major petroleum futures and options contracts over the week ending on July 3-4.Buying was concentrated in crude (+52 million barrels) with purchases of Brent (+25 million) and NYMEX and ICE WTI (+27 million), according to exchange...

Renault's chairperson Jean-Dominique Senard looks on during a visit by the French President to the site of the future factory of Japan-based battery maker Envision AESC group, where Renault SA develops an electric-vehicle manufacturing hub, in Douai, France June 28, 2021. Ludovic Marin/Pool via... Read moreAIX-EN-PROVENCE, France, July 9 (Reuters) - European firms are concerned they could get caught in the cross-fire of rising economic rivalry between the United States and China, with some officials at a French business conference also frustrated at Europe's slowness in crafting a response.Rising trade...

Moderna climbs on deal to develop mRNA medicines in ChinaChip stocks slide on China's export curbsU.S. May factory orders miss expectationsFed minutes awaited at 2:00 p.m. ETIndexes down: Dow 0.16%, S&P 0.05%, Nasdaq 0.07%July 5 (Reuters) - Wall Street's main indexes fell on Wednesday ahead of the Federal Reserve's June meeting minutes, while weak U.S. and China economic data as well as rising Sino-U.S. tensions dented investor sentiment.May U.S. factory orders rose less than expected, according to a Commerce Department report, fanning fears of a slowdown due to high interest...