Clear 31°. Wind Chill: 29°. Wind: SE 5 mph.
Loading advertisement…
Trending: AstraZeneca’s ceralasertib-Imfinzi drug combo misses survival target in lung cancer trial
HomeNewsNationalBusiness ( Page 234)

Business

Subscribe to the Business News Feed.
SHARE NOW
by

Gold builds on historic rally, soars past $4,000/oz for first time

By Anushree Mukherjee and Brijesh Patel (Reuters) -Gold pushed through $4,000 an ounce to hit a record on Wednesday, driven by investors seeking safety from mounting economic and geopolitical uncertainty, alongside expectations of further interest rate cuts by the U.S. Federal Reserve. Spot gold was up ...
by

Stocks ease, yen wobbles on political worries, gold cracks $4,000

By Ankur Banerjee SINGAPORE (Reuters) -Asian stocks tracked Wall Street lower on Wednesday as investors grappled with the fallout from political drama in France and Japan, while a prolonged U.S. government shutdown catapulted gold spot prices to a record $4,000 per ounce level. The Japanese yen ...
by

Asian shares are mostly lower after US stocks retreat

Shares were mostly lower in Asia on Wednesday after U.S. stocks sank to their first loss in eight days, losing momentum after the price of gold topped $4,000 per ounce for the first time. The price of gold was up $25.40 at $4,029.60 an ...
by

Dollar rallies as US shutdown drags on, weighing on confidence

SINGAPORE (Reuters) -The U.S. dollar rose to its strongest levels in six weeks in early Asian trading on Wednesday as risks around the U.S. government shutdown intensified, sparking fresh investor worries and boosting demand for safe haven assets. The dollar index, which measures the ...
by

NZ cenbank surprises with 50-bp rate cut, flags more easing to shore up frail economy

By Lucy Craymer WELLINGTON (Reuters) -New Zealand’s central bank surprised some in the markets by slashing its benchmark rate by 50 basis points to 2.50% on Wednesday, and kept the door open for further easing, suggesting policymakers were worried about the frail state of the ...
by

Oil rises on fading oversupply fear after OPEC+ restrains output increase

By Jeslyn Lerh SINGAPORE (Reuters) -Oil prices edged higher in early trade on Wednesday as markets started to brush off oversupply fear for the time being, having digested a decision by OPEC+ to restrain November production increases. Brent crude futures was up 40 cents, or 0.6%, ...
Loading advertisement…
by

Intel to reveal tech details on forthcoming PC chip, sources say

By Max A. Cherney SAN FRANCISCO (Reuters) -Intel plans to release technical details about its forthcoming chip for laptops, known as Panther Lake, on Thursday, four sources briefed on the plans told Reuters. It is part of an effort to reassure investors about Intel’s first ...
by

Kentucky lawsuit says Roblox fails to protect children on its popular online gaming platform

FRANKFORT, Ky. (AP) — Kentucky’s attorney general claimed Tuesday that the online gaming platform Roblox has become a “playground for predators” as he announced a lawsuit accusing the company of lax child safety measures. The Kentucky suit, filed by his office Monday in a state ...
by

Investors flock to gold ETFs as metal’s price shatters records

By Suzanne McGee and Polina Devitt (Reuters) -Outsized flows into exchange-traded funds tracking gold have helped drive a spectacular rally that pushed bullion to record highs over the last month, analysts said. Spot gold prices hit another record of $3,990.85 per ounce on Tuesday, while  U.S. ...
by

US air traffic control staffing hit for second day, delaying flights

By David Shepardson WASHINGTON (Reuters) -Air traffic control staffing issues are delaying flights for a second straight day at numerous U.S. airports as the government shutdown reaches its seventh day, the Federal Aviation Administration said in a notice on Tuesday. The FAA said many flights were ...
by

Trading Day: A ‘melt up’ time out (except gold)

By Jamie McGeever ORLANDO, Florida (Reuters) -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  A burst of profit-taking and economic jitters knocked U.S. and world stocks off their record-high perches on Tuesday as investors digested the ongoing political gridlock in the ...
by

Campbell’s taps Freshpet’s Todd Cunfer as CFO

(Reuters) -Campbell’s Co on Tuesday named Todd Cunfer as its chief financial officer, effective October 20, succeeding Carrie Anderson. Cunfer, who has more than two decades of experience in the consumer packaged goods industry, including at Hershey, was most recently the CFO of pet food ...
First Previous230231232233234235236237238Next Last