Oil prices fall as investors take stock of Biden exit, rate cuts in focus
By Paul Carsten and Georgina McCartney LONDON (Reuters) -Oil prices fell on Monday after Joe Biden announced he would not seek a second term as U.S. president, while investors considered…
Chinese truck and food makers attempt to regain consumer trust after tanker scandal
By Mei Mei Chu BEIJING (Reuters) – China’s truck manufacturers released safety standards for vehicles carrying edible oil on Monday, as firms attempt to regain consumer trust after a report…
Oil prices slip despite Chinese interest rate cut; Gaza ceasefire in focus
Investing.com — Oil prices slipped lower Monday, continuing the previous week’s selloff amid concerns about the economic health of top importer China after the country unexpectedly lowered borrowing costs. At…
Oil prices dip after Biden exit, rate outlook remains in focus
By Paul Carsten LONDON (Reuters) -Oil prices dipped on Monday after Joe Biden announced he would not seek a second term as U.S. president and while investors watched for more…
Oil prices stable after Biden exit while rate outlook remains in focus
By Katya Golubkova and Colleen Howe TOKYO (Reuters) -Oil prices rose in Asia on Monday as investors watched for further signs that the U.S. might start to cut interest rates…
Dollar falls slightly as Biden ends re-election bid, drops vs yen
By Kevin Buckland and Stefano Rebaudo (Reuters) -The dollar eased slightly against a basket of currencies on Monday while dropping sharply versus the yen as investors focused on U.S. President…
Amplats says on track to demerge in 2025, plans secondary London listing
JOHANNESBURG (Reuters) -South Africa’s Anglo American (JO:AGLJ) Platinum (Amplats) expects its demerger from parent company Anglo American to be completed next year and is planning a secondary listing in London,…
Morning Bid: Biden bows out, election bets shift, China cuts
A look at the day ahead in U.S. and global markets from Mike Dolan U.S. President Joe Biden’s weekend withdrawal from the White House race can hardly be seen as…
Dollar slips after Biden pulls out, euro rebounds after losses
Investing.com – The U.S. dollar slipped lower Monday following U.S. President Joe Biden’s decision to end his re-election campaign, with the euro benefiting despite its weak tone after last week’s…
China’s surprise rate cuts will not hurt a fragile yuan, analysts say
SHANGHAI (Reuters) – China surprised markets by lowering a string of major short and long-term interest rates on Monday, in an effort to boost growth in the world’s second-largest economy.…
