Economy

Spot gold edges up on weaker dollar

Spot gold edges up on weaker dollar

Helped by a weak buck, June 9 Gold included a slight over night gain on Tuesday, yet the metal remained near an 11-week low as financiers fretted over the timing of an increase in U.S. rates of interest.

Spot gold edged up 0.4 percent to $1,177.60 an ounce by 0654 GMT after gaining 0.2 percent in the previous session.

American CEOs lukewarm on economy: survey

American CEOs lukewarm on economy: survey

Lukewarm American CEOs plan to work with and make purchases at a slower speed in the following six months, with future financial development hinging on profession contracts and also tax reform, according to a quarterly study launched Monday.

Montreal Maine & Atlantic Railway to pay $110M to assist crash victims

Montreal Maine & Atlantic Railway to pay $110M to assist crash victims

Montreal Maine & Atlantic Railway Ltd., the firm behind a fatal 2013 oil train derailment in Quebec, will pay $110 million to assist and compensate victims of the crash.

Globe Fuels Solutions, the company that owned the oil shipment, stated it has agreed to contribute to the settlement fund set up for the targets of the derailment. The oil distributor's contribution brings the quantity elevated for the sufferers' fund to $345 million (C$ 431,500,000).

Best and worst retired life U.S. cities in 2015 named

Best and worst retired life U.S. cities in 2015 named

Wondering where to retire in 2015? Bankrate.com has compiled a list of the downright best and worst retired life cities in the United States. Remarkably, several Arizona states are in the list, but the Bankrate.com team advised to prevent the New York City location.

Waning Factory Demand Drives Down China’s Growth

Waning Factory Demand Drives Down China’s Growth

In what has woken up even the political leaders from their deep slumber, is the disquieting news of a downturn in the world’s second largest economy, China. Economists anticipate the economic growth in Q2 to drop down from 7.4 percent to 7 percent, first time since the global crisis struck the economy.

Annabel Fiddes, an economist at Markit, in a statement said, “China’s manufacturing sector had a weak start to Q2, with total new business declining at the quickest rate in a year while production stagnated”.

Barclays sets aside additional 800 million-pound to settle allegations

Barclays sets aside additional 800 million-pound to settle allegations

Barclays reported an increase in first-quarter profit. It has set aside an additional 800 million-pound provision to settle allegations it rigged currency benchmarks.

According to Barclays, Pretax profit involving restructuring costs climbed 5.9% to 1.8 billion pounds in the year-earlier period. According to experts, this matched the average estimate of six analysts compiled by Bloomberg.

Twitter’s Revenue rose less than expected in previous quarter

Twitter’s Revenue rose less than expected in previous quarter

Social-media company Twitter announced on Tuesday that revenue in the previous quarter rose less than expected. According to reports, the company’s share slumped about 18% to $42.27 in after hour trading.

Twitter released its quarterly reports earlier than expected because the company’s revenue missed estimates of analysts. The company has posted a loss of about 25 cents per share. Thomson Reuters stated that analysts were anticipating earnings of four cents per share.

Pages

Popular Stories

Edelblut officially confirmed as N.H. education commissioner

Frank Edelblut, a businessman who has no... Read More

Trump adviser repeats claims of N.H. voter fraud

Doubling down on President Donald Trump’s baseless... Read More

Trump again insists voter fraud prevented him from winning New Hampshire

U. S. President Donald Trump reportedly insisted... Read More

N.H. lawmakers pass ‘concealed carry’ measure

A bill designed to make it easier for New Hampshire... Read More

N.H. Republicans trying to make voting more difficult

New Hampshire legislators are mulling a package of... Read More

Man accused of double-homicide in Farmington arrested

A team of detectives from Massachusetts State... Read More