* Traders say Genscape reports crude draw at Cushing* Prices rally on hopes latest weekly draw was an anomaly* Trade tensions limit oil price gains(New throughout, updates prices, market activity and comments to settlement)By Jessica Resnick-AultNEW YORK, Aug 2 (Reuters) - Oil prices strengthened Thursday, with U.S. crude gaining nearly 2 percent after traders saw an industry report suggesting dom...Read More
NEW DELHI, Aug 2 (Reuters) - India is likely to delay the imposition of retaliatory tariffs on U.S. goods, a trade ministry official said on Thursday, two days before the new tariffs came into effect.India's trade ministry is expected to shortly issue a notification that could delay the implementation of the new tariffs by 45 days, news channel CNBC-TV 18 reported earlier citing sources.The trade...Read More
Investing.com – Apple (NASDAQ:AAPL) released its adjusted share count on Wednesday, revealing the share price it needs to hit $1 trillion in market capitalization.The technology giant has an adjusted outstanding share count of 4,829,926,000 as of July 20, the firm announced in its 10Q, after reporting its third-quarter results on Tuesday.Shares of Apple need to reach $207.05 for the firm to...Read More
* Apple (NASDAQ:AAPL) hits $1 trillion in market value* Tesla jumps after cash burn worries abate* Dow down 0.10 pct; Boeing (NYSE:BA), Caterpillar, 3M's fall weigh* Nasdaq gains 0.88 pct, S&P up 0.34 pct lifted by tech stocks(Changes comment, adds details, updates prices)By Amy Caren DanielAug 2 (Reuters) - Apple became the first $1 trillion publicly listed U.S. company on Thursday, leading a...Read More
* FTSE 100 down 1 pct, cyclicals weigh* Rolls-Royce (LON:RR) rises after H1 revenue beats estimates* LSE, Sage updates also in focus* BOE raises rates, pound falls (Recasts, adds detail, updates prices at close)By Kit ReesLONDON, Aug 2 (Reuters) - Britain's top share index slid on Thursday, touching a one-week low as shares in heavyweight cyclicals dropped, though Rolls-Royce was a standout gainer...Read More
* Boeing (NYSE:BA), Caterpillar, 3M down roughly 1 pct* Tesla jumps after cash burn worries abate* Dow down 0.47 pct, S&P dips 0.07 pct* Nasdaq up 0.31 pct, lifted by gains in tech stocks(Changes comment, adds details, updates prices)By Amy Caren DanielAug 2 (Reuters) - Apple (NASDAQ:AAPL) became the first U.S. company to top $1 trillion in market value on Thursday, leading a rebound in techno...Read More
Investing.com - Gold prices were down on Thursday as the dollar strengthened amid trade worries.Comex gold futures for August delivery fell 0.38 to $1,222.90 a troy ounce as of 10:56 AM ET (14:56 GMT). A stronger dollar and rising interest rates have weighed on gold in recent months.The Fed left interest rates unchanged on Wednesday, as expected. But the central bank upgraded its view on the econo...Read More
Investing.com - Gold futures were lower during the European session on Thursday.On the Comex division of the New York Mercantile Exchange, Gold futures for December delivery traded at USD1224.80 a troy ounce at time of writing falling 0.23%.Earlier, it traded at a session low USD1224.00 a troy ounce. Gold was likely to find support at USD1213.00 and resistance at USD1228.90.US Dollar Index Futures...Read More
(For a live blog on European stocks, type LIVE/ in an Eikon news window)* FTSE 100 down x.x pct, miners weigh* Rolls-Royce (LON:RR) rises after H1 revenue beats estimates* LSE, Sage updates also in focus* BOE rate decision due 1100 GMTBy Kit ReesLONDON, Aug 2 (Reuters) - The UK's top share index dipped on Thursday, touching a two-week low as shares in heavyweight miners dropped, though Rolls-Royce...Read More
(Bloomberg) -- The respite was brief: A fresh round of trade-war fears sent stock markets sinking across Asia.Investors had nowhere to hide, with equity gauges from Japan to India plunging on Thursday. The MSCI Asia Pacific Index dropped as much as 1.4 percent, heading for its biggest slide in six weeks as more than $220 billion in equity-market value evaporated, according to data compiled by Bloo...Read More
(For a live blog on European stocks, type LIVE/ in an Eikon news window)LONDON, Aug 2 (Reuters) - A selloff in European shares was extended on Thursday with Germany's DAX taking the brunt of investors' anxieties over trade, while results from industrial conglomerate Siemens (NS:SIEM) disappointed and Europe's biggest asset manager, Amundi, impressed the market.The pan-European STOXX 600 .STOXX w...Read More
Shares in KAZ Minerals plunged on Thursday after the Kazakh miner said it has completed a $900 million cash and shares deal to buy the Baimskaya project in the Chukotka region of Russia from a group of investors including Chelsea soccer club owner Roman Abramovich.KAZ stock dropped 33% on New York over the counter markets affording the company a $3.3 billion valuation. KAZ calls Baimskaya "one of...Read More
Scientists from the Deep Carbon Observatory in the U.S. published a study this week where they report the first application to mineralogy of network theory, commonly used in the analysis of the spread of disease, terrorist cell connections, or Facebook connections.The study appeared in American Mineralogist and it shows how the application of big data analysis to mineralogy can help predict minera...Read More
Investing.com - Gold futures were lower during the U.S. session on Wednesday.On the Comex division of the New York Mercantile Exchange, Gold futures for August delivery traded at USD1215.30 a troy ounce at time of writing falling 0.69%.Earlier, it traded at a session low USD1215.00 a troy ounce. Gold was likely to find support at USD1213.00 and resistance at USD1228.10.US Dollar Index Futures, whi...Read More
* FTSE 100 down 1.2 pct* Rio Tinto tumbles on profit miss* Next , Capita down after results; Lloyds up (Adds closing prices)By Helen ReidLONDON, Aug 1 (Reuters) - Britain's top stock index fell on Wednesday as mining and materials shares sold off on a slide in metals prices after the Trump administration threatened further tariffs on China.Earnings drove the lion's share of moves across the UK...Read More
* STOXX down 0.5 percent at close* Trade worries weigh on autos* Air France surprises markets* Apple beat fails to boost tech (Adds detail and quote, updates prices at close)By Julien Ponthus and Kit ReesLONDON, Aug 1 (Reuters) - European shares retreated slightly on Wednesday as a mixed batch of corporate earnings failed to offset concerns about the U.S.-China trade conflict and subdued euro zone...Read More
Investing.com - Gold prices were down on Wednesday as traders wait for a policy decision from the Federal Reserve.Comex gold futures for August delivery fell 0.44% to $1,218.30 a troy ounce as of 10:30 AM ET (14:30 GMT). Gold has fallen in recent months as a stronger dollar and rising interest weights weighed on the metal.The Fed Is not expected to raise interest rates later in the day, but a deci...Read More
Investing.com - Gold futures were lower during the European session on Wednesday.On the Comex division of the New York Mercantile Exchange, Gold futures for August delivery traded at USD1222.20 a troy ounce at time of writing falling 0.12%.Earlier, it traded at a session low USD1219.30 a troy ounce. Gold was likely to find support at USD1213.50 and resistance at USD1227.80.US Dollar Index Futures,...Read More
* STOXX down 0.2 percent* Air France surprises markets* Apple beat fails to boost tech (Adds shares, updates prices)By Julien PonthusLONDON, Aug 1 (Reuters) - European shares retreated slightly on Wednesday as a mixed batch of corporate earnings failed to offset concerns about the U.S.-China trade conflict and subdued euro zone manufacturing growth.Caution was also palpable ahead of the Federal Re...Read More
Aug 1 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of India ( CRISIL (NS:CRSL)) for local debt instruments as of July 31, 2018. COMPANYINSTRUMENTRATINGAMOUNT MOVEMENT(RS.MLN) --------------------------- --------- SHORT TERM RATINGS: ------------------- A. A. Enterprises - BangaloreLOCCRISIL A414Assigned A. A. Enterprises - BangaloreBGCRISIL A426Assigned Aditya Co...Read More