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Gold Set For Biggest Weekly Gain Since August On Oil Slide

India, Nov. 6 -- Gold prices traded lower on Friday but were on course for their strongest weekly advance since August as softening crude oil prices helped ease inflation concerns. Spot gold dipped 0... Read More


Oil Prices Decline In Choppy Trade

India, Nov. 6 -- Oil prices fell in choppy trade on Friday and were on track for a steep weekly loss on hopes of de-escalation in the U.S.-Iran conflict and a possible reopening of the Strait of Hormu... Read More


European Shares Slide As AI Spending Worries Mount

India, Nov. 6 -- European shares fell sharply on Friday as the Democratic Party's sweeping wins at this week's midterm elections in the U.S. sparked fears of a slowdown in the pace of AI infrastructur... Read More


Alfa Laval To Buy Norway-based NAVTOR For $700 Mln In All-Cash Transaction

India, Nov. 6 -- Alfa Laval AB (ALFA.ST,ALFVF.PK), an industrial and engineering solutions provider, said on Friday that it has entered into a definitive agreement to acquire Norway-based NAVTOR AS fo... Read More


Chesnara To Buy MetLife's Closed-book UK Life Insurance Firm; Terms Not Disclosed

India, Nov. 6 -- Chesnara plc (CSN.L), a UK-based life insurance and pensions consolidator, announced on Friday that it has entered an agreement to acquire MetLife, Inc.'s (MET) closed-book UK life in... Read More


Asian Shares Retreat As Tech Stocks Plunge On AI Slowdown Fears

India, Nov. 6 -- Asian stocks retreated on Friday after a Wall Street rout wiped out roughly $2.5 trillion in market value and sent the Nasdaq into correction territory overnight. Shares of companies... Read More


New York Times Co. Reportedly In Advanced Talks To Buy Letterboxd In $330 Mln Deal

India, Nov. 6 -- The New York Times Co.(NYT) reportedly has entered into exclusive negotiations to acquire Letterboxd, an online community for cinephiles, for about $330 million. As per a report by t... Read More


Philippine Jobless Rate Rises To 5.4%

India, Nov. 6 -- The Philippines' unemployment rate increased slightly in September, preliminary figures from the Philippine Statistics Authority showed on Friday. The jobless rate stood at 5.4 perce... Read More


Air France-KLM Gets Favorable EU Court Ruling In KLM State Aid Case

India, Nov. 6 -- Air France-KLM SA (AF.PA) said the Court of Justice of the European Union has issued a favorable ruling, setting aside the General Court's February 2024 judgment. The ruling restores... Read More


European Shares Seen Lower After Tech Rout On Wall Street

India, Nov. 6 -- European stocks look set to open on a sluggish note on Friday after a Wall Street rout wiped out roughly $2.5 billion in market value and sent the Nasdaq into correction territory ove... Read More