Brazil development bank signs deal with AIIB for nearly $3 billion in investments

(Reuters) – Brazilian development bank BNDES said on Monday that it has signed a deal with the Asian Infrastructure Investment Bank (AIIB) for the investment of 16.7 billion reais ($2.89…

Crude oil edges higher on raised Ukraine/Russia tensions

Investing.com — Oil prices rose Monday as more intense fighting between Russia and Ukraine raised the possibility of a disruption to supplies, although gains have been limited by concerns about…

Oil prices tick higher as Russia-Ukraine war escalates

By Paul Carsten and Robert Harvey LONDON (Reuters) – Oil prices edged up on Monday after fighting between Russia and Ukraine intensified over the weekend, although concerns about fuel demand…

Dollar rises vs yen on BOJ caution while euro sell-off pauses

By Wayne Cole and Harry Robertson SYDNEY/LONDON (Reuters) -The dollar climbed against the yen on Monday after Japan’s top central banker flagged further monetary policy tightening ahead but left open…

Sterling has more upside – Bank of America

Investing.com – Sterling has lost its status as the only currency to have outperformed the US dollar year-to-date, but Bank of America thinks a constructive case for the UK currency…

COP29: US-UAE climate-friendly farming partnership grows to $29 billion

By Leah Douglas (Reuters) – Funding for a climate-friendly farming effort led by the U.S. and United Arab Emirates has reached $29.2 billion, the countries announced on Monday at the…

Morning Bid: Bruised Wall Street keeps wary eye on Nvidia

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street feels a little bruised after its worst week in 10 spoiled the post-election party,…

Gold just had its worst post-election week since 1980

Investing.com — Gold prices have plunged in the aftermath of the recent U.S. elections, with the market witnessing its worst post-election week since 1980.Β  The yellow metal’s value dropped 6%…

South Africa’s Ramaphosa calls for safe recovery of illegal miners stuck underground

JOHANNESBURG (Reuters) – South Africa’s President Cyril Ramaphosa said on Monday lives should not be put at risk in a standoff between police and hundreds of illegal miners stuck underground…

Sterling finds footing after hitting six-month low on Trump victory

By Harry Robertson LONDON (Reuters) – The pound held steady on Monday after falling to a six-month low the previous week as the dollar surged on the back of Donald…