Alaska Air’s grounding of Boeing 737 Max 9 fleet to cost $150 million
Alaska Air Group Inc. said Thursday that it expects the grounding of its Boeing 737 Max 9 fleet to cost…
Gold prices steady as early rate-cut hopes drive strong gains
Gold prices kept to a tight range in Asian trade on Wednesday after rising optimism over early interest rate cuts…
Oil stabilises as investors watch for Red Sea developments
(Reuters) -Oil prices stabilised on Wednesday after the previous day’s strong gains as investors monitored Red Sea developments, with some…
Global 2024 staple food supplies to be strained by dry weather, export curbs
(Reuters) – High food prices in recent years have prompted farmers worldwide to plant more cereals and oilseeds, but consumers…
Big oil enters 2024 strengthened by U.S. industry consolidation
(Reuters) – The oil and gas industry went on a $250 billion buying spree in 2023, taking advantage of companies’…
Iran undoes slowdown in enrichment of uranium to near weapons-grade -IAEA
(Reuters) – Iran has reversed a months-long slowdown in the rate at which it is enriching uranium to up to…
Oil rises on Middle East tensions and US rate cut hopes
(Reuters) – Oil extended gains on Tuesday, finding support from geopolitical tensions in the Middle East and investor optimism that…
Gold prices steady above $2,000 as Fed rate cut bets persist
Gold prices steadied on Wednesday, sticking to a trading range established over the past week amid persistent bets that the…
Oil inches higher as traders monitor Red Sea tensions
(Reuters) – Oil rose slightly on Wednesday as investors kept an eye on the situation in the Red Sea after…
Gold prices creep lower as Fed officials downplay rate cut bets
Gold prices fell slightly on Tuesday after several Federal Reserve officials downplayed expectations that a dovish pivot by the central…