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Deutsche Bank raises 2026 gold price forecast to $4,450/oz

(Reuters) -Deutsche Bank raised its 2026 gold forecast to $4,450 an ounce from $4,000 on Wednesday, citing stabilising investor flows and persistent central bank demand. The bank now expects a $3,950-$4,950 range next year, with the top end about 14% above the current price ...
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Ethiopia says death toll from Marburg virus outbreak rises to 6

ADDIS ABABA (Reuters) -The death toll from a Marburg virus outbreak in Ethiopia has risen to six, state-run news agency reported on Wednesday. Ethiopia first confirmed the outbreak on November 14, with three deaths being reported three days later. "Out of the 11 people in whom ...
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Japan says consumer sentiment improving, keeping its view on ‘moderate’ economic recovery

By Satoshi Sugiyama TOKYO (Reuters) -Japan's government said consumer sentiment on the economy was recovering despite persistent inflation in a monthly report published on Wednesday. In its monthly economic assessment, the government reiterated a cautiously optimistic view that the world's fourth-largest economy is recovering moderately, ...
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Hyundai Motor to recall 143,472 US vehicles over rearview image issue, NHTSA says

(Reuters) -Hyundai Motor America is recalling 143,472 Santa Fe and Santa Fe Hybrid vehicles in the U.S. over rearview cameras which may not have been installed properly, the U.S. National Highway Traffic Safety Administration said on Wednesday.(Reporting by Dheeraj Kumar in Bengaluru; Editing ...
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Euro zone banks with dollar exposure need more buffers, ECB says

FRANKFURT (Reuters) -Euro zone lenders with big dollar businesses should bulk up their liquidity and capital cushions to withstand any squeeze in the U.S. currency, the European Central Bank said on Wednesday. The ECB has been telling banks to watch their dollar exposure since U.S. ...
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Tesla says it values China suppliers, does not exclude any by origin

SHANGHAI (Reuters) -A top Tesla China executive said on Wednesday the U.S. automaker values the role of China-based suppliers and does not exclude any on the basis of country of origin or geographical location. The remark by Grace Tao, on Chinese social media platform ...
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Trade unions in India stage nationwide protests against new labor codes

NEW DELHI (AP) - A coalition of 10 major Indian trade unions mounted nationwide protests Wednesday against the government's rollout of new labor codes, saying the sweeping changes were "deceptive fraud" against workers. Demonstrations were held in several parts of the country as unions representing ...
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As Russia pummels Ukraine’s energy systems, Kyiv hopes US gas will fill the gap

KYIV, Ukraine (AP) - The soil surrounding the gas facility in Ukraine was once pitch-black before it was burned to a rusty red by a massive Russian drone and missile assault. Scattered remnants of Shahed drones littered the reservoir designated for storing tanks of liquefied ...
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Tesla CEO Musk says Austin robotaxi fleet to double next month

(Reuters) -Tesla Chief Executive Elon Musk said on Tuesday that the number of robotaxis in Austin, Texas, will double in December, following the rollout of its self-driving service in the city in June. "The Tesla Robotaxi fleet in Austin should roughly double next month," Musk ...
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UK’s Treasury chief set to raise taxes once again in her second budget

LONDON (AP) - Following weeks of speculation, Britain's unpopular Labour government will deliver its second budget later Wednesday since it returned to power in a landslide election victory in July 2024 after 14 years in opposition. Treasury chief Rachel Reeves, the first woman to hold ...
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Kilauea displays lava fountains for the 37th time since its eruption began last year

HONOLULU (AP) - The on-and-off eruption that's been dazzling residents and visitors on Hawaii's Big Island for nearly a year resumed Tuesday as Kilauea volcano sent fountains of lava soaring 400 feet (122 meters) into the air. The molten rock was confined within Kilauea's ...
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China Vanke bonds slump as concerns mount over state support

SHANGHAI (Reuters) -Chinese state-backed property developer Vanke's bonds tumbled on Wednesday, reigniting market concerns about the extent of potential central government support for the crisis-hit sector. Several of Vanke's yuan bonds fell more than 20% in early trade, leading to trading suspensions on the company's ...
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