By Sumit SahaGold fell for a third consecutive session on Wednesday, as rising U.S. Treasury yields and growing bets that the Federal Reserve will raise interest rates pressured the non-yielding metal.Spot gold TVC:GOLD was down 0.8% at $3,974.75 per ounce as of 0849 GMT, after touching its lowest…
Norsk Hydro OSL:NHY said on Wednesday its Slovalco aluminium joint venture had struck an agreement with the Slovak government to partially restart production after a four-year shutdown, with the deal including a new long-term power supply contract.The pact paves the way for the restart of 75,000 me…
Vienna-based Addiko Bank VIE:ADKO suspended its financial guidance on Wednesday and set aside up to €48.8 million ($56 million) in provisions due to risks associated with the effects of rulings in Croatia and Slovenia over Swiss franc-denominated loans.($1 = 0.8773 euros)
By Amanda CooperThe pound fell for the first time in a week on Wednesday in the face of a robust dollar, which got a lift from a rise in U.S. Treasury yields ahead of jobs data, while markets were also awaiting comments from new Fed Chair Kevin Warsh.Sterling FX:GBPUSD was down 0.23% at $1.3234, ha…
By Akriti ShahNike NYSE:NKE shares fell 3.5% in premarket trading on Wednesday after its latest quarterly results failed to revive investor hopes of a swift turnaround under CEO Elliot Hill.A cautious sales outlook and weak China demand overshadowed a modest fourth-quarter revenue beat, which also…
Greece's jobless rate stood at 8.1% in May, down from a downwardly revised 9.1% in April, data from statistics service ELSTAT showed on Wednesday.Seasonally adjusted data showed 383,740 people were officially unemployed.Unemployment impacted women more than men, at the rates of 11.7% and 5.0%, resp…
The International Monetary Fund has called Bolivia's shift to a flexible exchange rate after 15 years of pegging its boliviano currency to the dollar an "important step" and said it remains committed to supporting the country's economic repair plans.The IMF recommended ditching the dollar peg last…
Datang Telecom Technology Co Ltd SSE:600198:
Dassault Aviation Ceo EURONEXT:AM to French Senate defence committee:
New York September cocoa ICEUS:CC1! may retest a resistance at $5,234 a metric ton, a break above which could lead to a gain into the $5,318-$5,464 range.The contract is riding on a wave 5, the fifth wave of a five-wave cycle from $3,780. This wave is capable of travelling far above the peak of the…
Faes Farma SA BME:FAE:Source text
Pakistan's consumer price index rose 11.1% year-on-year in June, the country's statistics bureau data showed on Wednesday.
Pierce Group AB (publ) OMXSTO:PIERCE:
Iraq's Basra Oil Company signed a non-disclosure agreement with U.S. energy firm Chevron on Wednesday to regulate data exchange for evaluating the West Qurna 2 oil field and pave the way for future partnership talks, the oil ministry said.In February, Chevron (CVX.N), entered into exclusive talks w…
RHEINMETALL AG XETR:RHM:
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Euro zone inflation eased last month far more than expected, further curbing pressure on the European Central Bank to raise interest rates again this month to offset quick price growth.Overall inflation in the 21 nations sharing the euro currency slowed to 2.8% in June from 3.2% in May, coming well…
Italy's Tamburi Investment Partners (TIP) MIL:TIP founder Giovanni Tamburi tells reporters:
The Fujairah Oil Industry Zone published the following inventory data for oil products for the week ended June 29, according to industry information service S&P Global Commodity Insights.Volumes are in thousands of barrels. Figures in brackets represent the volume change from the previous week, cal…
By Pranoy KrishnaThe Indian rupee will remain weak against the U.S. dollar over the coming months despite expectations that recent measures announced by the Reserve Bank of India will attract billions in foreign capital, a Reuters poll of currency analysts showed.A sharp drop in global oil prices t…
