Oil steadies on hopes US will ease sanctions on Venezuela
(Reuters) – Oil prices steadied on Tuesday after sliding more than $1 on Monday amid hopes the U.S. would ease…
Gold prices extend losses before U.S. data dump, more Fed cues
Gold prices fell further on Tuesday, extending declines from the prior session as markets hunkered down before several upcoming cues…
Goldman Sachs reassesses consumer lending venture amid operational challenges
Goldman Sachs Group Inc (NYSE:GS) is reconsidering its position in the consumer lending sector, including its partnership with Apple Inc…
Rolls-Royce to cut up to 2,500 roles in latest efficiency drive
(Reuters) – Rolls-Royce said on Tuesday it would cut up to 2,500 roles as its new chief executive seeks to…
Stocks, bonds in China’s Gemdale dive on property crisis fears
(Reuters) – China’s Gemdale saw its stocks and bonds plunge on Tuesday after the resignation of its chairman, as investors…
Country Garden’s entire offshore debt to be in default if Tuesday payment not made
(Reuters) – Country Garden’s entire offshore debt will be deemed to be in default if China’s largest private property developer…
Ericsson says telecoms uncertainty to persist into 2024, shares fall
(Reuters) – Ericsson on Tuesday said it expected the uncertainty impacting its mobile networks business to persist into 2024, after…
Moderna holds steady on 2023 COVID-19 sales forecast amid market turbulence
Moderna (NASDAQ:MRNA) Inc. has stood its ground amid market instability triggered by Pfizer Inc. (NYSE:PFE)’s updated COVID-19 guidelines, reasserting its…
Crude oil slips lower; underlying tone positive on Middle East tensions
Oil prices slipped lower Monday, consolidating after recent hefty gains as the conflict in the Middle East continued to raise…
U.S, EU business groups push for steel deal, minerals drive at summit
(Reuters) – The largest U.S. and EU business federations urged leaders meeting for a summit on Friday to resolve a…