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Central banks remain keen buyers of gold, representatives tell bullion conference

MIAMI (Reuters) - Central banks remain keen buyers of gold to diversify their reserves for financial or strategic reasons, representatives of three central banks told the London Bullion Market

Reuters

Tue, Oct 15

Phillips 66 aims at $3 billion divestitures target with Swiss venture stake sale

(Reuters) -Phillips 66 will sell its 49% non-operated equity interest in Coop Mineraloel AG to its Swiss joint venture partner for $1.24 billion, the U.S. refiner said on Monday. The joint venture

Reuters

Tue, Oct 15

Verband: Stahlnachfrage in Deutschland bleibt schwach

Düsseldorf (Reuters) - Die Stahlindustrie in Deutschland wird nach eigener Einschätzung auch 2025 kaum in Schwung kommen. "Die Stahlnachfrage in Deutschland entwickelt sich dieses Jahr deutlich

Reuters

Tue, Oct 15

Japan PM seeks extra budget exceeding 13 trillion yen, Nikkei says

TOKYO (Reuters) -Japanese Prime Minister Shigeru Ishiba said his government is aiming to compile a supplementary budget for the current fiscal year in excess of last year's 13.1 trillion yen ($87.6

Reuters

Tue, Oct 15

Philippines says Chinese 'maritime militia' boat sideswiped fisheries vessel

MANILA (Reuters) -The Philippines' Bureau of Fisheries said a "Chinese maritime militia" boat deliberately sideswiped one of its two vessels that were patrolling near Thitu island in the contested

Reuters

Tue, Oct 15

Ericsson sees signs of demand recovery after Q3 beat, shares up

By Supantha Mukherjee STOCKHOLM (Reuters) - Sweden's Ericsson said on Tuesday the telecom equipment market is showing signs of improvement after reporting third-quarter core earnings and sales above

Reuters

Tue, Oct 15

China's economy set to grow 4.8% in 2024, missing target: Reuters poll

By Kevin Yao BEIJING (Reuters) - China's economy is likely to expand 4.8% in 2024, undershooting the government's target, and growth could cool further to 4.5% in 2025, a Reuters poll showed,

Reuters

Tue, Oct 15

Warner Bros Discovery to launch Max streaming in seven Asian markets in November

(Reuters) - Warner Bros Discovery will launch its Max streaming service across seven Asian markets on Nov. 19, making the platform available in more than 72 markets, the media giant said on Tuesday.

Reuters

Tue, Oct 15

Investor optimism sees biggest jump since June 2020, survey shows

MILAN (Reuters) -Global investor optimism posted its biggest jump since June 2020 in October due to Federal Reserve rate cuts, stimulus pledges from China and expectations of a soft landing for the

Reuters

Tue, Oct 15

5G-Nachfrage sorgt für Gewinnsprung bei Ericsson

Stockholm (Reuters) - Der schwedische Telekom-Ausrüster Ericsson hat von einer Erholung der Nachfrage nach 5G-Technologie profitiert und im dritten Quartal deutlich besser abgeschnitten als erwartet.

Reuters

Tue, Oct 15

Russia, China bolster defence ties at 'substantive' talks

(Reuters) - Russia and China held "substantive" defence and military talks to bolster ties, Russia's defence minister said on Tuesday, as Moscow and Beijing cement a "no limits" partnership and step

Reuters

Tue, Oct 15

Indian opposition pushes Modi for discussion on worsening Canada ties

By Shilpa Jamkhandikar MUMBAI (Reuters) - India's main opposition Congress party has urged Prime Minister Narendra Modi's government to take all political parties into confidence regarding worsening

Reuters

Tue, Oct 15

Dax setzt Rekordjagd fort - Deutsche Bank im Minus

Frankfurt (Reuters) - In Erwartung einer robusten wirtschaftlichen Entwicklung des wichtigen Handelspartners USA greifen Anleger erneut bei deutschen Aktien zu. Der Dax stieg zur Eröffnung um bis zu

Reuters

Tue, Oct 15

Spain 12-month EU-harmonised inflation falls to 1.7% in September

(Reuters) - Spain's European Union-harmonised 12-month inflation fell to 1.7% in September, down from 2.4% in the period through August, final data released by the National Statistics Institute (INE)

Reuters

Tue, Oct 15

Australia PM launches affordable housing plan, buys $2.9 million ocean home

By Lewis Jackson SYDNEY (Reuters) - Australian Prime Minister Anthony Albanese launched a new building programme to address a critical housing shortage on Tuesday, the same day news of his plans to

Reuters

Tue, Oct 15

LG Energy Solution signs two battery supply deals with Ford

SEOUL (Reuters) - South Korea's LG Energy Solution said on Tuesday that it has signed two contracts to supply electric vehicle batteries to the Ford Motor company in Europe, without disclosing the

Reuters

Tue, Oct 15

Tokyo Metro raises $2.3 billion in Japan's biggest IPO in 6 years

By Miho Uranaka and Sam Nussey TOKYO (Reuters) -Tokyo Metro raised 348.6 billion yen ($2.3 billion) in Japan's largest initial public offering in six years after pricing its IPO at the top of its

Reuters

Tue, Oct 15

Preisrückgang im deutschen Großhandel beschleunigt sich

Berlin (Reuters) - Der Preisverfall im deutschen Großhandel hat sich im September wegen billigerer Erdölprodukte beschleunigt. Die Preise sanken um durchschnittlich 1,6 Prozent im Vergleich zum

Reuters

Tue, Oct 15

China will launch platinum, palladium futures in Q1, producers' council says

MIAMI (Reuters) -The Guangzhou Futures Exchange (GFEX) is expected to launch its first platinum and palladium futures contracts in China in the first quarter of 2025, Weibin Deng, head of Asia Pacific

Reuters

Tue, Oct 15

Japanese companies team up for carbon capture project in Hokkaido

TOKYO (Reuters) - Japan Petroleum Exploration Co, Idemitsu Kosan Co and Hokkaido Electric Power Co said on Tuesday they have teamed up to develop a carbon capture and storage (CCS) facility in

Reuters

Tue, Oct 15

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