By Sherin Elizabeth Varghese (Reuters) – Gold held steady on Thursday after four sessions of decline as investors braced for the U.S. non-farm payrolls data that could influence the Federal Reserve’s interest-rate path, while palladium prices slipped on a dim long-term demand outlook. Spot gold edged up 0.2%, to $2,044.39 per ounce by 2:50 p.m. …
Gold gets a breather as US payrolls loom; palladium slips Read More »
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar rose against most currencies on Thursday in choppy trading, bolstered by better-than-expected U.S. labor market data that dampened expectations of multiple interest rate cuts by the Federal Reserve this year. A crucial nonfarm payrolls report due on Friday could guide the outlook on Fed policy easing. Economists …
Dollar gains vs most currencies as US nonfarm payrolls loom Read More »
By Laura Sanicola (Reuters) -Oil settled lower on Thursday in a choppy see-saw session, as massive weekly gasoline and distillate stock builds overshadowed a larger-than-expected crude stock draw. Brent crude settled down 66 cents, or 0.8%, to $77.59. During the session it both rose and fell over $1. U.S. West Texas Intermediate crude futures settled …
Oil settles lower on massive US fuel inventory builds Read More »
By David Shepardson WASHINGTON (Reuters) -The top Republican and Democrat on the U.S. House of Representatives’ China committee on Thursday asked the Biden administration to consider adding China’s Quectel Wireless to a list of Chinese military companies. Inclusion on the Treasury Department list would bar U.S. entities from buying or selling publicly traded securities in …
Lawmakers ask Pentagon to consider barring US investments in China’s Quectel Read More »
By Fatos Bytyci PRISTINA (Reuters) – Attacks on cargo vessels in Red Sea shipping lanes have to stop otherwise international action will be taken, British Foreign Secretary David Cameron said on Thursday. Recent attacks by Yemen’s Iran-backed Houthis have drawn international condemnation, with Britain, the United States and others issuing a joint statement on Wednesday …
UK foreign minister Cameron: Red Sea attacks must stop Read More »
By Aadi Nair (Reuters) -Oscar Pistorius’ life story from before and after Valentine’s Day 2013 reads like the script to two markedly different films – the first an inspirational sporting biopic and the second a grim tale of murder. In the first he was the “Blade Runner”, the multiple Paralympic gold medallist with carbon-fibre prosthetic …
Oscar Pistorius, track star turned convicted murderer, set to leave jail Read More »
By Aditya Kalra NEW DELHI (Reuters) -Indian billionaire Mukesh Ambani’s Reliance Industries and Walt Disney have appointed law firms and started antitrust due diligence of their planned Indian media and entertainment merger, four people familiar with the matter said. Reliance has appointed Indian law firm Khaitan & Co and Shardul Amarchand Mangaldas, while Disney has …
Disney, Reliance start antitrust diligence on India media merger -sources Read More »
By Patrick Werr CAIRO (Reuters) – Egypt is preparing to spend billions doubling the size of a lavish new capital it is building in the desert 45 km (28 miles) east of Cairo, where the first residents are trickling in, the head of the company overseeing the project said. The city is the biggest of …
Egypt plans expansion of new capital as first residents trickle in Read More »
By Makini Brice WASHINGTON (Reuters) -Businesses tied to Republican former U.S. President Donald Trump received at least $7.8 million in foreign payments from 20 countries during his four years in the White House, Democratic congressional investigators said Thursday. U.S. House of Representatives Oversight Committee Democrats said the payments detailed in the 156-page report are likely …
Trump business got at least $7.8 million in foreign payments during presidency -report Read More »
JOHANNESBURG (Reuters) -The South African rand was broadly unchanged on Thursday, as a purchasing managers’ index (PMI) survey flagged the impact of a gridlock at a major port. At 1525 GMT, the rand traded at 18.69 against the dollar, 0.1% stronger than its previous close. The dollar was 0.1% weaker against a basket of global …
South African rand little changed as PMI dips on port gridlock Read More »
