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MUMBAI, May 22 (Reuters) – The Indian rupee declined to a more-than-one-month low on Thursday, pressured by likely outflows from local equities and the breach of a key technical support level that triggered stop-losses on speculative long bets. The South Asian currency closed at 86.0025 against the U.S. dollar, down 0.4% on the day. It…
US stock indices declined on Tuesday as investors focused on the fate of President Donald Trump’s giant tax cut proposal. The legislation is expected to face a close vote later this week. “We have a tremendously unified party,” Trump told reporters as he arrived at Capitol Hill on Tuesday to encourage Republicans to resolve their…
Gold price today: Gold rates traded lower in the domestic futures market Friday morning as the dollar’s rise against its peers and fading trade war risks continued to weigh on demand for the safe-haven asset. (This is a developing story. Please check back for fresh updates.)
Gold rate today: Prices decline on trade deal hopes, stable dollar; what should investors do?
(Bloomberg) — Shell Plc is working with advisers to evaluate a potential acquisition of BP Plc, though it’s waiting for further stock and oil price declines before deciding whether to pursue a bid, according to people familiar with the matter. Also Read | ‘Alternative energy sources to gain prominence amid rise in protectionism’ The oil…
Oil prices edged higher on Friday but posted a weekly decline, under pressure from market expectations of oversupply and uncertainty around tariff talks between the U.S. and China. Brent crude futures settled 32 cents higher at $66.87 a barrel, taking losses to 1.6% over the week. U.S. West Texas Intermediate crude gained 23 cents to…