LONDON (Reuters) – European stocks rose slightly on Wednesday after mixed earnings reports, but the resurgence of COVID-19 cases kept investors cautious as they awaited news from the US Federal Reserve. FILE PHOTO: People pass the offices of the London Stock Exchange Group in the city of London, Great Britain, …
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(Reuters) – U.S. oil refineries are expected in the next few days to report the worst second-quarter results in a decade, with output exceeding demand, while pandemic-related closings have undermined trips by summer. FILE PHOTO: Valero Energy Corp. service station shown in El Cajon, California, USA, August 8, 2017. REUTERS …
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DUBAI (Reuters) – Saudi Arabia registered a deficit of 109.2 billion riyals ($ 29.12 billion) in the second quarter of this year as low oil prices hurt revenue, a report by the Ministry of Finance released Tuesday. FILE PHOTO: A Saudi flag flies over the Saudi Arabian consulate in Istanbul, …
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SYDNEY (Reuters) – Gold hit record highs on Tuesday before the sheer size of its earnings sparked a profit-taking explosion, which in turn helped the dollar from two-year lows and curbed initial capital gains. FILE PHOTO: Gold bars are stacked in the safe deposit room of the Pro Aurum Gold …
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SYDNEY (Reuters) – Gold rocketed to record highs of $ 1,975 on Tuesday, while the US dollar fell to two-year lows as investors betting on the Federal Reserve would reaffirm its super easy political outlook this week, and a tolerance to higher inflation. FILE PHOTO: Gold bars are stacked in …
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