Citi strategists on Thursday reiterated their view that the U.S. election is “US dollar positive,” while acknowledging other factors that could make an impact in the coming months, such as…
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By Aleksandar Vasovic and Fatos Bytyci BACKI PETROVAC, Serbia/RAHOVEC, Kosovo (Reuters) – Rastislav Pucovski held a fistful of soy beans shriveled to the size of peppercorns on his farmland in…
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Bitcoin price today: down to $58k before PCE data, set for steep August losses
Investing.com– Bitcoin’s price fell slightly on Thursday amid caution over an upcoming U.S. inflation reading that is likely to factor into the outlook for interest rates cuts. But the world’s…
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By Lefteris Papadimas, Idrees Ali and Lisa Baertlein ATHENS (Reuters) -As salvage operations began on an abandoned Greek-flagged oil tanker with deck fires still burning from Houthi rebel attacks, the…
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Investing.com– Gold prices fell slightly in Asian trade on Friday, but remained close to record highs as markets awaited more cues on interest rates from key U.S. inflation data due…
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Exclusive-Russia payment hurdles with China partners intensified in August, sources say
MOSCOW (Reuters) – Some Russian companies are facing growing delays and rising costs on payments with trading partners in China, leaving transactions worth tens of billions of yuan in limbo,…
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Investing.com– Most Asian currencies kept to a tight range on Friday as the dollar held recent gains in anticipation of key inflation data that is likely to factor into the…
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Investing.com– Asian stocks rose on Friday as technology stocks recovered from Nvidia-induced losses, while month-end bargain buying saw Chinese shares rebound from more-than six-month lows. But most regional markets were…
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Intel considers splitting off foundry business, scrapping factory plans- Bloomberg
Investing.com– Intel Corporation (NASDAQ:INTC) is considering options to weather a historic slump, which include potentially splitting off its foundry business and scrapping plans for new factories, Bloomberg reported on Thursday. The…
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By Ricardo Brito and Luana Maria Benedito BRASILIA/SAO PAULO (Reuters) – Brazil’s Supreme Court blocked the bank accounts of tycoon Elon Musk’s Starlink internet firm on Thursday, while an underlying…