
Analysts trim gold outlook in absence of fresh spur: Reuters poll
By Ashitha Shivaprasad Analysts slightly lowered their gold forecasts for this year on the grounds zero-yield bullion would
2023-07-27 20:29

European Central Bank hikes rates to highest level since 2000
The European Central Bank raised interest rates by a quarter of a percentage point Thursday, judging that inflation remains too high even as data points to a deepening economic downturn in the 20 countries that use the euro.
2023-07-27 20:21

Elizabeth Warren and Lindsey Graham want a new agency to regulate tech
Two US senators are calling for the creation of a new federal agency to regulate tech companies such as Amazon, Google and Meta, in the latest push by members of Congress to clamp down on Big Tech.
2023-07-27 20:17

Honeywell posts better-than-expected profit on aviation boost, lifts forecast
Industrial conglomerate Honeywell International Inc posted a better-than-expected quarterly profit and slightly raised its full-year forecasts on Thursday,
2023-07-27 19:59

Wall Street suddenly appears confident America will avoid a recession
Cyclical stocks that tend to rise and fall with the economy are rallying, the latest sign that investors are becoming more optimistic about the possibility of a "soft landing," i.e. no recession.
2023-07-27 19:56

Gap hopes to end four years of turmoil with new CEO
Gap Inc has turned to Richard Dickson, credited with turning around the Barbie brand at Mattel, to lead
2023-07-27 19:52

Microsoft Teams Faces EU Antitrust Probe in Salesforce Clash
Microsoft Corp. faces a European Union probe over concerns it’s driving out competition by unfairly bundling its Teams
2023-07-27 19:23

Adani Lenders Weigh Up to $750 Million Loan for Ambuja Debt
Barclays Plc, Deutsche Bank AG and Standard Chartered Plc are in talks to lend between $600 million and
2023-07-27 19:20

Meta rallies as AI-powered ad sales drive 'monster' forecast
By Aditya Soni (Reuters) -Meta shares surged nearly 9% on Thursday as a rosy revenue forecast showed that artificial intelligence
2023-07-27 19:18

Abrdn Appoints New CFO, Closes Former Flagship Fund
Abrdn Plc appointed Aviva Plc veteran Jason Windsor as its new chief financial officer following the departure of
2023-07-27 18:53

Mediobanca to launch new $223 million buyback after record year
MILAN Italy's Mediobanca said on Thursday it would buy back its own shares for around 200 million euros
2023-07-27 18:53

Just Eat CEO Says Grubhub Sale Is Proving ‘Very Difficult’
Just Eat Takeaway.com NV is finding it difficult to complete the sale of its US business, Grubhub Holdings
2023-07-27 18:52