Category: Business

Oil Prices Rise in Early Trading

Oil prices rose in early trading on Thursday, recovering some of the previous day’s loss, on hopes of potential US interest rate cuts boosting economic activity and fuel demand.

Brent crude futures climbed 17 cents, or 0.2%, to $79.93 a barrel. US We…

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UK economy grows by 0.6 pct in Q2 ’24

LONDON, British gross domestic product (GDP) is estimated to have increased by 0.6 percent in this year’s second quarter, highest growth pace in two years.

The Office for National Statistics (ONS) attributed this growth to betterment of service secto…

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Gold Regains Ground on Softer US Dollar

Gold prices gained on Thursday, helped by a weaker US dollar and Treasury yields, as investors waited for more US data to gauge the outlook for interest rates after a key inflation report dampened hopes for a larger cut in September.

Spot gold was up…

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