Tag: Commodities

© Reuters. FILE PHOTO: A goldsmith wearing a protective face mask arranges golden bangles as the other talks to customers at a jewellery shop at the Grand Bazaar in Istanbul, Turkey, August 6, 2020. REUTERS/Murad Sezer By Ashitha Shivaprasad (Reuters) – Gold fell more than 1% on Friday and is set for its fourth straight…

© Reuters. FILE PHOTO: A tyre is pictured in a tyre specialist center in Turin, March 18, 2014. REUTERS/Giorgio Perottino By Giulio Piovaccari MILAN (Reuters) -Pirelli said on Tuesday it had sought alternative suppliers, increased stocks and shifted production since March to mitigate the impact of Russia’s invasion of Ukraine. Russia, where the Italian tyremaker…

4/4 © Reuters. Travelers line up to board a Hawaii-bound flight from Tokyo’s Haneda International Airport during Japan’s “Golden Week” holidays, in Tokyo, Japan April 29, 2022. REUTERS/Maki Shiraki 2/4 By Maki Shiraki TOKYO (Reuters) -Japan’s airlines are betting on a travel recovery this summer after the COVID-19 doldrums, as many Japanese look to head…

© Reuters. FILE PHOTO: A woman exits the ground floor of an office building with Westpac logo amidst the easing of the coronavirus disease (COVID-19) restrictions in the Central Business District of Sydney, Australia, June 3, 2020. Picture taken June 3, 2020. REUTE By Savyata Mishra (Reuters) -Australia’s Westpac Banking (NYSE:WBK) Corp on Monday said…

© Reuters. Russian Rouble coins are seen in front of displayed Ukrainian’s and Russia’s flag colours in this illustration taken, February 24, 2022. REUTERS/Dado Ruvic/Illustration/Files (Reuters) -The Russian rouble hit a more than two-year high against the euro before easing on Friday and hovered near 67 versus the dollar, supported by capital controls and weak…

© Reuters. Unicredit logo and stock graph are seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration By Valentina Za MILAN (Reuters) -UniCredit cheered investors by saying it would soon start a 1.6 billion euro ($1.7 billion) share buyback put at risk by the Ukraine war, even as it set aside almost as…

© Reuters. FILE PHOTO: The logo of the ANZ Banking Group is displayed in the window of a branch in central Sydney, Australia, Aprl 30, 2016. REUTERS/David Gray By Sameer Manekar (Reuters) -Australia and New Zealand Banking Group on Wednesday reported a better-than-expected cash profit for the first half, as it benefited from a pandemic-induced…

2/2 © Reuters. FILE PHOTO: A woman looks on as she walks past cordoned off aisles of non-essential goods at a Walmart store in Toronto, Ontario, Canada April 8, 2021. REUTERS/Carlos Osorio/File Photo 2/2 By Julie Gordon and David Ljunggren OTTAWA (Reuters) -Home price growth in Canada is “unsustainably strong” and higher interest rates are…

© Reuters. FILE PHOTO: People walk beneath a Citibank branch logo in the financial district of San Francisco, California July 17, 2009. REUTERS/Robert Galbraith NEW YORK (Reuters) – Citigroup Inc (NYSE:C) acknowledged late on Monday that one of its traders made an error in the sudden fall of European shares early in the day. “This…

© Reuters. A vendor shows gold stud earrings at a jewellery showroom in Colombo, Sri Lanka, August 11, 2020. REUTERS/Dinuka Liyanawatte/Files By Bharat Gautam (Reuters) – Gold prices fell on Monday as elevated U.S. Treasury yields pressured demand for zero-yield bullion, ahead of a widely expected big interest rate hike by the Federal Reserve to…