Business

Gold prices edged up on Tuesday, helped by a softer dollar, as investors eyed a U.S. Senate vote on increased pandemic aid, although the gains were capped by higher Asian stocks.

Wall Street was on track to close at record highs on Monday, but crude prices lost ground as longawaited pandemic relief and Brexit trade deals fueled investors' risk appetite.

Oil rose to hit $52 a barrel on Monday as U.S. President Donald Trump's signing of a coronavirus aid package and the start of a European vaccination campaign outweighed concern about weak nearterm demand.

A sharp turn in global monetary policies that led to a low interest rate scenario and unprecedented liquidity, which began in mid-2019, gave a boost to gold price in all major currencies, making the yellow metal attractive for investors.

Oil prices inched higher on Thursday, helped by lateday buying in a lowvolume session to close out the week.

China has issued guidelines on developing its social credit system, which is aimed at promoting trust in companies and individuals, amid public concerns over data management and invasion of privacy.

The S&P 500 closed barely in positive territory on Wednesday as an expected stimulus deal and falling jobless claims prompted investors to put their money into sectors most likely to benefit from the economy reopening when it recovers from the global heal...

A U.S. regulator ruled on Wednesday that Mahindra and Mahindra Ltd's newer design for its Roxor offroad utility vehicle did not infringe upon the intellectual property rights of Fiat Chrysler Automobiles NV's Jeep brand, six months after barring the sale...

Volkswagen is recalling over 105,000 Beetles with faulty Takata front driver's air bags that can explode and hurl shrapnel.

Investors are counting on a weakening dollar to boost rallies in everything from U.S. stocks to emerging markets and industrial metals in 2021.

Tesla CEO Elon Musk says he once considered selling the electric car maker to Apple, but the iPhone makers CEO blew off the meeting.

Lingering concerns over a new variant of COVID19 in the United Kingdom weighed on a gauge of global equities on Tuesday and sent the euro, pound and Treasury yields lower.

With 10.7 million Americans out of work as of November 2020 (and 3.9 million of those workers unemployed for 27 weeks or more), many have been forced into having tough money conversations as a result of the pandemic.

Norway's supreme court approved the government's plans for Arctic oil exploration on Tuesday, dismissing a lawsuit by campaigners who claimed the scheme violated people's right to a healthy environment.

Europe faces significant disruption to air transport as a growing number of countries bans flights from Britain due to fears over a new coronavirus strain, prompting airlines to repeat calls for more testing to keep borders open.

European shares fell 3% on Monday, the dollar strengthened and volatility surged across asset classes as a fastspreading new coronavirus strain in Britain threatened to torpedo markets' optimism over a vaccinefuelled rebound in economic growth.