Author: Lucas

Spot gold breached $4,000 per ounce ceiling on WednesdayIndia dealers charge a premium of up to $15/oz this weekChinese markets open after October 1-8 Golden Week holidayOct 10 (Reuters) – Physical gold demand in India held firm this week despite a record-breaking price rally, as jewellers and investors snapped up bullion ahead of key festivals later this month, while buying in China was subdued in post-holiday trade due to higher rates.In Hong Kong, residents rushed to sell everything from gold bars to rings to cash in on the record price rally. Sign up here.Spot gold prices rose above $4,000 per…

LONDON, Oct 21 (Reuters) – The public’s financial caution around lockdowns continues to give governments and central banks both the reason and room for open-ended support of their economies through another looming wave of this year’s devastating pandemic.With a second surge of the COVID-19 virus in full swing in Europe at least and no effective vaccine on the table yet, questions about how governments can afford the blinding costs of economic support through the Northern winter are resurfacing. Sign up here.The unprecedented numbers being clocked up worldwide are daunting. Estimating a global tally for this year’s fiscal rescues so far,…

The Annual Percentage Yield (APY) is accurate as of 10/01/2025. The base and promotional interest rate and corresponding APY for Axos ONE® Checking is variable and is set at our discretion. The base and promotional interest rate and corresponding APY for Axos ONE® Savings is variable and is set at our discretion. Axos ONE® Savings is a tiered variable rate account. Axos ONE® Checking is a non-tiered variable rate account. Interest rates may change as often as daily without prior notice. Fees may reduce earnings.Promotional terms and conditions are subject to change or removal without notice. Incentive may be taxable…

Savers are making rash decisions with their money as the spectre of the Budget next month looms, experts warn.Fears that key personal taxes could be hiked and tax-free benefits slashed are prompting people to take knee-jerk decisions that aren’t in their best interests and that they may come to regret.Experts warn people are making gifts to loved ones they can’t afford, rashly taking cash from their pensions and needlessly selling assets because they are worried about what the Autumn Budget could contain.Sarah Coles, head of personal finance at stockbroker Hargreaves Lansdown, says: ‘I’m worried that people could make mistakes that…

NEW YORK, Nov 20 (Reuters) – Switzerland’s Zurich Insurance Group AG (ZURN.S), opens new tab is in advanced talks to acquire MetLife Inc’s (MET.N), opens new tab U.S. property and casualty (P&C) car and home insurance unit for close to $4 billion, according to people familiar with the matter.Zurich Insurance issued a statement late on Friday confirming it was in discussions to acquire MetLife’s U.S. property and casualty business and cautioning that no deal was certain. It did not comment on the value of the deal. Sign up here.The deal, executed through its Farmers Group Inc subsidiary, would expand Zurich…

Manhattan Associates is a Business Reporter clientTransportation is evolving fast: discover how agility, AI and modern systems are redefining supply chains and reshaping global competitiveness.Transportation is the backbone of supply chains, essential to ensuring goods are delivered on time and meet customer expectations. Yet managing it is becoming increasingly complex, pressured by demands of shorter fulfilment times, capacity and cost efficiencies, tighter sustainability regulations, tech advances and the growing requirement for end-to-end visibility across all operations.Underscoring these challenges, recent global research from Manhattan Associates found that 87 per cent of respondents anticipated that challenges in areas such as operational visibility,…

BBCNorman West said his dog Ruby was “all I’ve got”A man said he feared he would be “in debt for the rest of my life” after an insurance company refused to pay out following an injury to his dog. Norman West, 92, from Plympton, said six-year-old Westiepoo, Ruby, damaged the cruciate ligament in her left leg and needed a £4,200 operation.Mr West had a new pet insurance policy with Petplan but the firm said because Ruby had previously damaged her right leg under a different plan, she was not covered. Allianz Insurance, which owns Petplan, said it was “confident that…

MUMBAI, Nov 21 (Reuters) – India plans to nearly double its oil refining capacity in the next five years, Prime Minister Narendra Modi said on Saturday, offering a much more aggressive timeline than previously despite the coronavirus pandemic blighting the economy.The country’s energy minister was quoted, opens new tab in June as saying India’s oil refining capacity could jump to 450-500 million tonnes in 10 years from the current level of about 250 million tonnes. Sign up here.But addressing a petroleum university’s convocation, Modi said “work is being done to nearly double the country’s oil refining capacity in the next…

ANI | Updated: Oct 05, 2025 23:17 IST New Delhi [India], October 5 (ANI): The Ministry of Heavy Industries (MHI) actively participated in the nationwide Swachhata Hi Seva – 2025 campaign, organized from 17th September to 2nd October under the joint aegis of the Department of Drinking Water and Sanitation (DDWS) and the Ministry of Housing and Urban Affairs (MoHUA), said a press statement from the Ministry of Heavy Industries.Guided by Prime Minister Narendra Modi’s vision of fostering a cleaner and sustainable India through the Swachhata movement, MHI along with its Central Public Sector Enterprises (CPSEs) and Autonomous Bodies (ABs)…

From west Africa’s Sierra Leone and Liberia to Kiribati and Tonga in the Pacific, the impact from China’s rising dominance as the world’s first significant “electrostate” is beginning to be felt.Chinese solar panel exports reached 236GW in 2024, more than triple the volume of 2019, and should hit a new record high again this year, according to data from French bank Natixis and Ember Research, a UK think-tank. In Africa, imports of Chinese-made solar panels in the year to the end of June topped 15GW, an increase of 60 per cent from the prior 12 months, Ember data also showed.…