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Gold Headed For Weekly Gain As US Tariff Deadline Looms

India, July 4 -- Gold ticked higher on Friday after falling 1 percent the previous day on diminished expectations for an imminent Fed interest-rate cut. Spot gold rose half a percent to $3,340.94 per... Read More


Oil Extends Losses As Investors Eye OPEC+ Decision

India, July 4 -- Oil held a decline on Friday before an OPEC+ meeting that's set to deliver another oversized production hike. Ongoing concerns over U.S.' protectionist trade policies and fiscal worr... Read More


Eurocastle Investment Q1 Net Loss Narrows

India, July 4 -- Eurocastle Investment Limited (EUIVF.PK), an investment company, on Friday reported a narrower net loss for the first quarter, helped by unrealized fair value movement from its Europe... Read More


European Shares Slip Into Red On Tariff Worries

India, July 4 -- European shares edged lower on Friday as regional data disappointed, and uncertainty prevailed over U.S. trade deals before the July 9 deadline. German factory orders decreased 1.4 p... Read More


Swiss Jobless Rate Steady At 2.7%

India, July 4 -- Switzerland's unemployment rate held steady in June after falling slightly in the previous month, the State Secretariat for Economic Affairs, or SECO, said on Friday. The unadjusted ... Read More


UK Car Sales Expand On Strong Electric Car Demand: SMMT

India, July 4 -- UK car sales expanded for the second straight month and marked the best June since 2019 with strong growth in battery electric car demand, data from the Society of Motor Manufacturers... Read More


Antipodean Currencies Slide As European Shares Traded Lower

India, July 4 -- The Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Friday, as European stocks traded lower, with trading volumes likely to remai... Read More


Asian Shares Mixed After Trump's Tariff Threat

India, July 4 -- Asian stocks ended mixed on Friday as U.S. President Donald Trump's tariff threats ahead of the July 9 deadline offset robust U.S. jobs data. Traders also reacted to the passage of T... Read More


Sinopec Launches China's First Commercial Floating Offshore PV Project

India, July 4 -- China Petroleum and Chemical Corp. (SNPMF.OB,SNP) or Sinopec, in collaboration with Shandong Province and Qingdao Municipality, has successfully commenced operations of China's first ... Read More


Alstom Wins $2.3 Bln Contract From New York Metropolitan Transportation Authority

India, July 4 -- French rolling stock manufacturer Alstom SA (AOMFF.PK,ALS.L) said on Friday that it has secured a 2.0 billion euros or $2.3 billion order from the New York Metropolitan Transportation... Read More