XAU/USD: Gold Slips Below $2,000 as US Debt Ceiling Weighs on Sentiment

The Japanese yen has been on the losing end against the dollar for five straight days. The USD/JPY pushed to the upside…

Japan embraces G7’s gas support but companies may face long-term problems

(Reuters) – Japan’s energy companies were quick to embrace the G7’s support for natural gas investment in their statement last month but…

Last ship to leave Ukraine as fate of Black Sea grain deal in Russia’s hands

(Reuters) – The last ship is due to leave a port in Ukraine on Wednesday under a deal allowing the…

Oil dips on demand worries after unexpected U.S. crude build

(Reuters) – Oil prices fell for a second day on Wednesday after a surprise rise in U.S. crude inventories stoked demand…

White House wants to improve access to opioid overdose reversal medication

(Reuters) – President Joe Biden’s administration is seeking to meet with the makers of the life-saving medication naloxone used to…

China’s Tencent marks return to revenue growth in first quarter

(Reuters) – China’s Tencent Holdings (OTC:TCEHY) Ltd posted a 11% rise in first-quarter revenue on Wednesday, beating analyst expectations, as…

Vietnam EV maker VinFast sees sales boom, path to breakeven

(Reuters) – Vietnam’s VinFast expects to sell as many as 50,000 electric vehicles (EVs) this year, an almost seven-fold increase…

Exchange operators, US debt ceiling jitters weigh on European shares

(Reuters) – European shares slipped on Wednesday as investors remained concerned about whether the outcome of the U.S. debt ceiling…

Hyundai Europe CEO: we won’t take a “knee-jerk reaction” to Tesla

(Reuters) – Hyundai Motor Co’s European chief said the carmaker was not making a direct change to its pricing in…

Siemens raises full year outlook after 2nd quarter sales beat

(Reuters) – Siemens raised its full year sales and profit guidance on Wednesday after the German engineering and technology group…

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