Gold Rises for Fourth Straight Day With US Payrolls in Focus

Gold rose for a fourth day as traders waited for the release of US payrolls figures that’ll help to shape…

xAI is testing a standalone iOS app for its Grok chatbot

Elon Musk’s AI company, xAI, is testing out a standalone iOS app for its chatbot, Grok, which was available only…

Netherlands holds supply talks with Nvidia, AMD on AI-facility

The Dutch government said on Thursday it is in discussions with U.S. chip firms Nvidia and AMD about suppling hardware…

BP projects 44% jump in oil output from India’s largest field, ONGC says

Global energy major BP has pledged to lift oil production by 44% and gas output by 89% from India’s largest…

Apple Executive Departs Indonesia After iPhone Ban Deal Hiccup

The Apple Inc. executive leading talks with Indonesia to lift the country’s iPhone 16 sales ban departed Jakarta on Wednesday,…

Pound Trading Frenzy Shows Option Market’s Fear of Truss Redux

Wednesday was the busiest day for pound options trading since the currency slumped toward an all-time low in 2022, an…

Gold Steady as Traders Eye US Data That May Shape Rate Path

Gold held a two-day advance as traders mulled the outlook for the Federal Reserve’s easing path, ahead of key jobs…

Oil steadies with weak China data and US stockpiles in focus

Oil steadied as traders assessed data that highlighted continued weakness in China’s economy, and a drawdown in US crude stockpiles.…

VW managers to take combined 300-million-euro pay cut

Volkswagen’s management will take pay cuts adding up to over 300 million euros ($310.08 million) by 2030, according to comments…

Stocks slip, dollar boosted by US rate outlook

Global stocks slid, with European shares set for a weak open on Wednesday as worries over U.S. inflation resurfaced and…