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Wednesday, October 9, 2024
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Oil prices settle higher on hopes of China demand rebound

By Laura Sanicola (Reuters) -Oil prices settled higher on Tuesday in choppy trading after China posted weak but expectation-beating annual economic growth data and on hopes that a recent shift in its

Gold prices fall from multi-month highs

By Seher Dareen (Reuters) - Gold prices on Tuesday fell from a more than eight-month peak hit in the previous session on hopes that the U.S. Federal Reserve would adopt a less aggressive approach to

Davos 2023: Gogoro, Belrise to invest $2.5 billion in battery swapping network in Indian state

By Brenda Goh DAVOS, Switzerland (Reuters) - India's Maharashtra state on Tuesday signed a deal with Taiwan's Gogoro and automotive system maker Belrise Industries under which the two firms will

Stocks ease with Goldman shares; dollar dips vs yen

By Caroline Valetkevitch NEW YORK (Reuters) - Stocks on Wall Street mostly declined Tuesday following disappointing quarterly results from Goldman Sachs and other companies, while the dollar weakened

Gold prices inch down from multi-month highs

By Seher Dareen (Reuters) - Gold prices on Tuesday edged lower from a more than eight-month peak hit in the previous session on hopes that the U.S. Federal Reserve would adopt a less aggressive

U.S. dollar falls vs major currencies as sterling gains; yen in focus

By Gertrude Chavez-Dreyfuss and Joice Alves NEW YORK/LONDON (Reuters) - The dollar fell against most major currencies on Tuesday in choppy trading, weighed down by expectations of a possible policy

India’s Russian oil binge drags down OPEC’s share to lowest in 2022

By Nidhi Verma NEW DELHI (Reuters) - Russia became the third-largest oil supplier to India in 2022, making up about 15% of total purchases, dragging down OPEC's share to the lowest in more than a

Gold prices retreat as dollar gains upper hand

By Arundhati Sarkar (Reuters) - Gold prices fell on Tuesday as the dollar ticked higher, while traders continued to position themselves for slower rate hikes from the Federal Reserve after last week's

Sterling nears one-month high on UK jobs data, yen in focus

By Joice Alves LONDON (Reuters) - Sterling rose on Tuesday, nearing a one-month high against the U.S. dollar after data showed the pace of pay growth in Britain, closely watched by the Bank of England

India’s Eris Lifesciences to buy some dermatology brands from Glenmark Pharma

BENGALURU (Reuters) - Indian drugmaker Eris Lifesciences Ltd said on Tuesday it would acquire a portfolio of dermatology brands from Glenmark Pharmaceuticals Ltd for 3.4 billion rupees ($41.63 million

On Camera

How businesses can become more resilient to the physical impacts of climate change

Extreme weather events have impacted 50% of corporate respondents to a recent survey. This underlines the importance of significant action now to increase climate resilience.

Germany, Spain await key decision as Navy seeks proven tech for submarines to stay underwater longer

Navy is looking to acquire six new submarines with Air Independent Propulsion technology, which allows vessels to stay underwater for longer periods.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?