World
BHP Falls Short of Expected Profit, Warns of Slowing...
BHP Group on Tuesday said it expects most major world economies except China to bear the brunt of a coronavirus-led downturn this year, reporting a 4% drop in annual profit that missed analysts’ estimates.
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August 18, 2020
10:26 am By Neha Mule
Gold Dips as Dollar Holds Onto Gains; U.S.-China Spa...
Gold prices fell on Monday as the dollar held onto gains made after better-than-expected U.S. payrolls data, while investors kept a close eye on Sino-U.S. relations ahead of scheduled trade talks.
Spot...
August 10, 2020
1:06 pm By Neha Mule
Uber to Buy UK Taxi Tech Firm Autocab
Uber said on Thursday it was buying the British tech company Autocab, which sells booking and dispatch software to private hire firms, in a move that will allow the taxi app to reach customers where it does no...
August 6, 2020
9:58 am By Neha Mule
Oil Falls as OPEC+ Set to Boost Output
Oil prices fell on Monday on fears about the economic fallout from rising COVID-19 cases around the globe and on oversupply worries as OPEC and its allies are set to wind back output cuts in August.
Br...
August 3, 2020
1:01 pm By Neha Mule
U.S.-Sino Tensions Hit Stock Market; Gold and Silver...
The euro traded at an 18-month high on Wednesday as financial market continued to bask in the afterglow of the EU recovery fund agreement deal, while a precious metals boom took silver’s recent gains to 20% ...
July 22, 2020
1:08 pm By Neha Mule
Oil Prices Hit Levels Last Seen in March on Vaccine ...
Oil rose on Tuesday, helped by positive news about vaccine trials and a European Union stimulus deal, which took prices to levels last seen when an oil price war erupted in early March between Russia and Saudi...
July 21, 2020
12:51 pm By Neha Mule
IMF Chief Warns Global Economy ‘Not Out of the Woo...
Global economic activity is picking up after an unprecedented decline this year due to the coronavirus pandemic, but a second major wave of infections could trigger more disruptions, the International Monetary...
July 16, 2020
6:22 am By Neha Mule