Gold Subdued As Investors Await Cues From United State Federal Reserve Meeting
Gold prices lingered below the key $1,800 per-ounce level on Tuesday, as investors maintained a…
Category: World
Coffee Prices Surge As Unusual Cold Threatens Brazilian Production
Arabica coffee prices rose 10% more on Monday, after jumping nearly 20% last week,…
Sterling Dips Against Dollar As Stocks Slide
LONDON (Reuters) – Sterling dipped against the dollar on Tuesday as global stock markets sank…
London Judges Agree To Reopen $7 Billion Brazil Dam Lawsuit Against Anglo Mining Giant BHP
London’s Court of Appeal agreed on Tuesday to reopen a major lawsuit against Anglo-Australian mining…
One Dead, Four Missing After Explosion Rocks German Chemicals Site
One person is dead and four are missing after an explosion rocked an industrial park…
China Is Still Falling Short Of Meeting An Agreement To Reduce Its United State Trade Surplus
China’s purchases of U.S. goods are still falling short of trade agreement levels, even as…
Housing Boom Is Over In United State As New Home Sales Fall To Pandemic Low
Sales of newly built homes dropped in June to the lowest level since the early…
United State Manufacturers Take A Double Hit From Labor And Materials
Calder Brothers Corp is under pressure to raise wages after rivals lured away some of…
U.S Federal Reserve Facing Twin Inflation, Growth Risks As Virus Jumps And Supply Chains Falter
U.S. Federal Reserve divided over how to respond to fast-rising prices meets this week with…
After $4 Billion In Losses, Heathrow Tells UK To Open Up Travel
London’s Heathrow Airport urged Britain to open up travel to vaccinated passengers after its recovery…
China Blames U.S. For ‘Stalemate’ In Ties As Talks Begin
China blamed the United States on Monday for a “stalemate” in two-way ties, accusing it…
Virtual Events Platform Eventtus Is Acquired By US Firm Bevy
Egyptian virtual events platform, Eventtus has been acquired by Bevy, a Silicon Valley-based company that…
Africa-Focused Credit Fund, BluePeak, Hits The First Close Of Its Maiden $200 million Credit Fund
Africa-focussed alternative asset management firm BluePeak Private Capital has hit the first close of its…
Egypt-Based Elmenus Raises US$10 Million In A Pre-Series C Round
Elmenus, an Egyptian food discovery and ordering platform, has secured US$10 million in a new…
Pound Recoups Early Losses On Signs Of Hawkish Turn At BOE
Sterling reversed earlier losses on Thursday and moved higher after Bank of England policymaker Michael…
Worst Violence In Years Spreads In South Africa As Grievances Boil Over
Crowds clashed with police and ransacked or set ablaze shopping malls in cities across South…
Facebook Seeks U.S. FTC Chair Lina Khan’s Recusal In Antitrust Case
Facebook (FB.O) on Wednesday asked for the recusal of Federal Trade Commission Chair Lina Khan from the…
SUSE Reports In-Line Results, Confirms Guidance Following IPO
German open-source software company SUSE (SUSEG.DE) on Thursday reported results in line with expectations and confirmed its…
World Bank Trims East Asia, Pacific GDP Forecast Amid COVID-19 Concerns
Growth in East Asia and the Pacific this year will likely be slower than previously…
Taiwan’s TSMC Posts 11% Jump In Q2 Profit On Global Chip Demand
Taiwan’s TSMC (2330.TW), posted an 11% rise in quarterly profit on Thursday, boosted by a pandemic-led…
Record-Low Rates Spur Australia M&A Frenzy In 2021
Australia is seeing a flurry of deal-making so far this year, as record-low interest rates…
UK-Based Cybersecurity Firm Avast In Merger Talks With NortonLifeLock
UK-based cybersecurity firm Avast Plc (AVST.L) said on Wednesday it was in advanced talks over a merger…
Asian Shares Find Support As Powell Shrugs Off Inflation
Asian shares held firm on Thursday after Federal Reserve Chair Jerome Powell said the U.S.…
China’s Economy Grows Slower Than Expected In Second Quarter
China’s economy grew more slowly than expected in the second quarter, as tepid manufacturing activity,…
China’s Economic Recovery Loses Some Steam, Investors Eye More Policy Easing
China’s economy grew slightly more slowly than expected in the second quarter, weighed down by…
Turkey Holds Rates Again As Inflation Rules Out Summer Cut
Turkey’s central bank kept its benchmark interest rate unchanged for a fourth month on Wednesday,…
Systemic Racism In England Affects Health To Wealth, Report Says
Racism in England is systemic and the government is “frustratingly slow” at implementing recommended solutions,…
EU Set To Call Time On Combustion Engine Within Two Decades
The European Union is set to propose measures on Wednesday, as part of a broad…
U.K. Vows To End Sales Of New Petrol And Diesel HGVs By 2040
The U.K. will end the sale of all new diesel and petrol heavy goods vehicles…
Bank Of Canada Holds Interest Rate, Says It Will Curb Bond Purchases
The Bank of Canada held its key overnight interest rate at a record low 0.25%…