Friday, April 19, 2024
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Oil slips to $62 as trade talks drag on

Oil slips to $62 as trade talks drag on

Oil fell for a second day on Tuesday, dropping to around $62 a barrel on limited progress towards resolving the U.S.-China trade dispute, higher-than-expected Norwegian oil output and...
Shares inch towards record high as China trims key rate

Shares inch towards record high as China trims key rate

World shares were within touching distance of a record high on Monday, after Beijing surprised markets by trimming a key interest rate for the first time since 2015.
Euro relief as U.S.-China trade deal hopes hit dollar

Euro relief as U.S.-China trade deal hopes hit dollar

The euro jumped to an 11-day high against the U.S. dollar on Monday, driven by expectations that Washington and Beijing can soon sign off on a deal to...
Swiss franc climbs to one-month high vs euro as hedge funds cut bets

Swiss franc climbs to one-month high vs euro as hedge funds cut bets

The Swiss franc rallied to a one-month high against the euro on Wednesday as hedge funds unwound some of their negative bets against the currency and as appetite...
Oil rises further above $62 as trade hopes support

Oil rises further above $62 as trade hopes support

Oil rose further above $62 a barrel on Tuesday, supported by hopes that U.S. President Donald Trump may signal progress on trade talks with China and lower inventories...
Pound strengthens after Conservatives receive Brexit Party boost

Pound strengthens after Conservatives receive Brexit Party boost

The pound rose on Monday, hitting a six-month high versus the euro and strengthening as much as 1% against the dollar, after the Brexit Party said it would...
Iran says finds new oilfield with 53 billion barrels of crude

Iran says finds new oilfield with 53 billion barrels of crude

Iran has discovered a new oilfield in the southwest of the country that has the potential to boost its reserves by about a third, President Hassan Rouhani said on...
Mike Novogratz

Billionaire Mike Novogratz: ‘The Crypto Revolution Is Real’

The crypto market may not be growing as quickly as many had hoped, and there have been some unexpected twists and turns. Nonetheless, the blockchain space is more...
Ray Dalio Says ‘World Has Gone Mad’

Ray Dalio Says ‘World Has Gone Mad’ and Bitcoin Crowd Cheers

Ray Dalio is making many friends in the crypto community after sounding the alarm about the perilous conditions in the financial system. In a post entitled “The World...
Congo disputes Canadian miner Banro's suspension of operations

Congo disputes Canadian miner Banro’s suspension of operations

Democratic Republic of Congo has declared “null and void” Canadian gold miner Banro Corporation’s suspension of operations at several of its sites in the central African country.