New Swiss nuclear dawn seen decades away at best
By Emma Farge and Dave Graham GENEVA/ZURICH (Reuters) – Bringing new nuclear power stations online in Switzerland could take decades due to myriad political and financial hurdles, energy experts and…
Oil set for weekly gain on supply concerns
By Arunima Kumar (Reuters) -Oil prices edged higher on Friday on track for a weekly gain as Libyan output disruptions and Iraqi plans to curb production raised supply concerns, while…
Dollar set for winning week ahead of key inflation release
Investing.com – The U.S. dollar edged slightly higher Friday, and was on course to end a five-week losing streak ahead of the release of key inflation data. At 04:00 ET…
Why US election should be dollar positive: Citi
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…
Wine wins, crops lose, as farmers grapple with record Balkans heat
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…
Oil prices gain on Middle East supply concerns
(Reuters) -Oil prices inched higher on Friday as investors weighed supply concerns in the Middle East, although signs of weakened demand limited gains. Brent crude futures for October delivery, which…
Gold prices dip as PCE data looms; Set for strong August
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…
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,…
Asia FX muted before PCE test; yen firms on strong CPI, while yuan hits 2024 peak
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…
Oil inches up on Middle East supply concerns
(Reuters) -Oil prices inched higher on Friday as investors weighed supply concerns in the Middle East, although signs of weakened demand limited gains. Brent crude futures for October delivery, which…