[ad_1] (Reuters) – Gold prices rose on Wednesday as fears of prolonged global economic weakness leapt to the fore, pushing aside premature excitement about a possible coronavirus vaccine, and prompted investors to seek safe-haven bullion.
Sensex, Nifty jump on earnings boost; Reliance, banks gain
[ad_1] BENGALURU (Reuters) – Indian shares jumped on Wednesday, spurred by strong corporate earnings and a rise in banking stocks and Reliance Industries, while a surge in domestic coronavirus infections dampened the growth outlook for
Global Markets: Stocks adrift as vaccine rally falters
[ad_1] LONDON/SINGAPORE (Reuters) – European stocks slipped lower on Wednesday and gold gained as a sceptical press report undermined some hopes for a COVID-19 vaccine and concern about obstacles to a recovery from the pandemic
RBI may need to aggressively cut rates alongside fiscal stimulus – economists
[ad_1] MUMBAI (Reuters) – The Indian government’s frugal economic stimulus package has put pressure on the Reserve Bank of India to intervene, as analysts and economists say measures announced so far are unlikely to have
UK inflation slumps to lowest since 2016 as coronavirus hits
[ad_1] LONDON (Reuters) – Britain’s inflation rate sank in April to its lowest since August 2016 as the coronavirus pandemic pushed down global oil prices and clothing stores slashed prices, bolstering the prospect of more
Johnson & Johnson to stop selling talc baby powder in U.S. and Canada
[ad_1] (Reuters) – Johnson & Johnson (JNJ.N) on Tuesday announced it would stop selling its talc Baby Powder in the United States and Canada, saying demand had dropped in the wake of what it called
Small oil palm farmers face survival crisis in risk to future output
[ad_1] KUALA LUMPUR (Reuters) – When Shell engineer Incham Serdin quit his job four years ago to start a small palm plantation in his native Malaysia, prices of the fleshy fruit bunches used to make
Fujifilm shares fall after report Avigan not showing clear efficacy in some coronavirus trials
[ad_1] TOKYO (Reuters) – Shares of Fujifilm Holdings Corp fell on Wednesday after Kyodo news reported that so far there has been no clear evidence of efficacy for its drug Avigan in treating the novel
Global green energy growth to fall for first time in 20 years: IEA
[ad_1] LONDON (Reuters) – Global growth in new renewable energy capacity will experience its first annual decline in 20 years this year amid the coronavirus pandemic but is expected to pick up next year, the
Senate Democrats call for Trump administration to unveil details of TSMC plant deal
[ad_1] FILE PHOTO: A logo of Taiwan Semiconductor Manufacturing Co (TSMC) is seen at its headquarters in Hsinchu, Taiwan August 31, 2018. Picture taken August 31, 2018. REUTERS/Tyrone Siu/File Photo WASHINGTON (Reuters) – Democratic lawmakers