By Anjana Anil (Reuters) – Gold surged to a record high on Monday while silver struck a near 12-year peak, as growing uncertainties surrounding the U.S. presidential election and the Middle East war added to gold’s rally already fueled by expectations of interest rates easing. Spot gold gained 0.7% to $2,739.50 per ounce, as of …
Gold hits record high as US election, Mid-East jitters fuel rush to safety Read More »
LONDON (Reuters) – England white-ball captain Jos Buttler will not play in the one-day international series on the tour of West Indies starting later this month after a setback in his recovery from a calf injury, the country’s cricket board (ECB) said on Monday. The 34-year-old wicketkeeper-batter, who missed the T20 and ODI series with …
Cricket-England’s injured skipper Buttler to miss ODI series against West Indies Read More »
BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto highlighted a “huge” deanchoring of inflation expectations in the country, adding that it is “very important” to bring inflation back to target, and that policymakers are committed to doing so. Speaking at an event hosted by the 20-20 Investment Association, he said tight labor market …
Brazil central bank chief highlights ‘huge’ deanchoring of inflation expectations Read More »
(Reuters) – Country Garden Services, the property services arm of China’s property developer Country Garden said on Monday that PricewaterhouseCoopers (PwC) has resigned as its auditor. The country’s regulators hit the auditing firm’s mainland China unit with a six-month suspension and a record fine of 441 million yuan ($62.01 million) previously, over the firm’s audit …
Country Garden Services says PwC resigns as its auditor Read More »
(Reuters) – JPMorgan Chase has rehired scientist Sarah Kapnick to advise its corporate and investment banking clients, according to an internal memo seen by Reuters on Monday, as the Wall Street giant ramps up its climate advisory offerings. Kapnick rejoins JPMorgan as the global head of climate advisory within the firm’s commercial and investment bank …
JPMorgan rehires scientist Sarah Kapnick in climate push, memo shows Read More »
By Krishn Kaushik, Fayaz Bukhari and Shilpa Jamkhandikar NEW DELHI (Reuters) -India and China have reached a deal on patrolling their disputed frontier to end a four-year military stand-off, the Indian foreign minister said on Monday, paving the way for improved political and business ties between the Asian giants. The news came on the eve …
India, China reach pact to resolve border conflict, Indian foreign minister says Read More »
By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court declined on Monday to hear a conservative challenge to job protections for the leaders of the federal consumer product safety watchdog in a case that would have given the justices a chance to reassess a 1935 precedent that limits a president’s ability to fire certain …
Supreme Court rebuffs challenge to job protections for US consumer watchdog leaders Read More »
By Alexander Marrow (Reuters) -Shares in Amsterdam-based Nebius Group plunged 26% when trading for the first time since February 2022 on Monday, as the AI infrastructure firm’s Nasdaq listing, formerly held by Yandex, often dubbed “Russia’s Google”, went live. Trading was suspended soon after Russia’s invasion of Ukraine, when the stock traded under Yandex’s ticker …
AI firm Nebius, split from Russia’s Yandex, plunges 26% on Nasdaq return Read More »
By Nell Mackenzie (Reuters) – Brevan Howard does a significant amount of its crypto trading from the United Arab Emirates because of the country’s “sensible regulations,” an executive from the hedge fund told the AIM conference in Dubai on Monday. “The regulators in the UAE are hard, but they want the industry to fly and …
Brevan Howard says significant amount of its crypto trading done from UAE Read More »
(Reuters) -Walt Disney on Monday named Morgan Stanley veteran James Gorman as chairman and said it would announce a new CEO to replace Bob Iger in early 2026, setting the stage for succession at the storied media and entertainment company. Gorman will step down as executive chairman of Morgan Stanley at the end 2024 and …
Disney taps Morgan Stanley’s Gorman as chairman, plans to name new CEO in 2026 Read More »
