Preliminary estimates of second-quarter US activity suggest output may stabilize after two straight quarters of slower growth, based on the median for a set of nowcasts compiled by CapitalSpectator.com. This estimate should be viewed…
Investing.com-- Oil prices edged higher Friday, lifting from near seven-week lows, but were headed for steep losses this week as signs of robust U.S. stockpiles and production dashed hopes for tight crude markets in the coming…
By Timothy GardnerWASHINGTON (Reuters) - The U.S. has been preparing since 2022 for the possibility that Russian President Vladimir Putin would stop selling it nuclear power fuel, and a pending ban on Russian imports will help boost…
A look at the day ahead in U.S. and global markets from Mike DolanThe strength of the U.S. labor market will give Wall Street's interest rate relief a reality check on Friday, but Apple's monster share buyback has buoyed the market in…
Authorities across East and Southern Africa continued to impose severe restrictions on the right to freedom of expression and media freedom over the past year, said Amnesty International on World Press Freedom Day.
The human rights…
2024 has seen gold prices surge to new record levels, with the yellow metal exceeding $2,400 an ounce last month due to increased global demand amid economic and geopolitical uncertainties.Remarkably, strategists at Goldman Sachs believe…
By Ahmad Ghaddar and Deep Kaushik VakilLONDON (Reuters) -Oil prices edged higher on Friday, but headed for their steepest weekly loss in three months as uncertainty about demand and high interest rates drove a sell-off limited by the…
By Robert Harvey and Arathy SomasekharLONDON/HOUSTON (Reuters) - Mexican export cuts and a rerouting of Canadian output are shrinking already limited supplies of heavy crude in the Atlantic basin, driving up refiners' costs with a likely…
Investing.com-- Gold prices moved little in Asian trade on Friday as markets remained averse to the yellow metal before key U.S. payrolls data, while the prospect of high for longer interest rates put gold on course for weekly…
The BBC's South East Asia correspondent Jonathan Head was on a Philippines coastguard ship in disputed waters in the South China Sea as it was targeted by Chinese vessels.Our reporter describes China blasting water cannon across the bow,…