Gold Declines as Traders Book Profits on US-China Trade Optimism
Gold (GC=F) fell to extend its weekly loss, as investors booked profits after tensions eased between the US and China…
Oil Falls After Spiking on Iran-US Nuclear Deal Uncertainty
Oil fell after a short-lived spike as Tehran cast fresh doubts about the status of US-Iran nuclear talks. Brent traded…
Exclusive-Musk took leased cars back so Tesla could use them as “robotaxis.” Instead, Tesla sold them
Tesla last November ended an unusual policy that prohibited U.S. leasing customers from buying their cars at lease-end. The policy…
Xiaomi’s new EV orders slump in China as consumer backlash grows
-China’s Xiaomi is seeing a slump in new orders for its SU7 electric sedan, analysts said on Wednesday, as the…
Deutsche Telekom first-quarter profit slightly above expectations
Deutsche Telekom reported first-quarter core profit slightly above analyst expectations on Thursday and nudged up its full-year guidance, helped in…
Oil Falls a Second Day as Iran Signals Openness to Nuclear Deal
Oil fell for a second day following a report Iran is willing to forgo nuclear weapons in a deal with…
Retailers rush to save US summer shopping season
U.S. retailers including Walmart and several clothing brands are racing to secure China-made merchandise for the busy summer shopping season…
Advocacy group threatens Meta with injunction over use of EU data for AI training
Austrian advocacy group NOYB said on Wednesday it would seek an injunction against Meta Platforms that could lead to billion-euro…
Oil dips as traders watch for jump in U.S. crude stockpiles
Oil prices retreated on Wednesday as traders eyed a potential jump in U.S. crude inventories, though prices held near two-week…
Dollar steadies with trade talks in frame after sliding on muted US inflation
The U.S. dollar steadied on Wednesday following its biggest decline in more than three weeks overnight, with cooler-than-expected U.S. consumer…