Spot gold was little changed at $1,569.05 per ounce by 0313 GMT. U.S. gold futures were flat at $1,572.70. A team of international experts led by the World Health Organization left for Beijing to help investigate the epidemic that claimed more than 900 lives in mainland China, surpassing the death toll from the SARS epidemic.
(Bloomberg) — Oil steadied after posting its biggest annual gain in three years amid elevated tensions in the Middle East and signs that U.S. crude stockpiles fell further.Futures held near $61 a barrel in New York. An Iran-backed Iraqi militia withdrew from the U.S. embassy in Baghdad after storming the compound to protest deadly airstrikes. […]
Tesla said it would produce its new Model 3 sedan at a profit after several recent weeks in which output stabilised, buoying hopes that the electric vehicle maker led by Elon Musk will stanch its financial losses in the second half of the year. Chief Executive Musk is under intense pressure to prove he can […]
Jul.09 — China's producer price gains held up, signaling that demand in the world's second-largest economy is maintaining pace for now, even in the face of regulatory curbs. Bloomberg's Enda Curran reports on "Bloomberg Markets: Asia."
Oil steadied on Thursday, close to an 11-year low, pressured by a relentless build in oversupply, and as the dollar strengthened after the U.S. Federal Reserve raised interest rates for the first time in nearly a decade. Brent crude for February delivery, the front-month contract from Thursday, rose 4 cents to $37.43 a barrel by […]
A rebound in health care companies helped steady the stock market on Tuesday, a day after a big sell-off. Drugmakers including Biogen and Vertex Pharmaceuticals were among the biggest gainers. Materials …
Oil saw its biggest one-day bounce since 2009 on Thursday, with North Sea Brent and U.S. light crude rising more than 10 percent. Global oil markets have fallen by a third since May and are still well under half their value a year ago thanks to a huge oversupply of fuel and sluggish demand. A […]
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