Oil steadies on potential Trump-Putin meeting
LONDON, Aug 7 (Reuters): Oil prices steadied on Thursday, paring early gains after the Kremlin announced that Russian President Vladimir Putin would meet US President Donald Trump in the coming days, raising expectations for a diplomatic end to the war in Ukraine.Brent crude futures were up 24 cents, or 0.4...
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Adani to build India's biggest privately funded coal power plant in a decade
Indian billionaire Gautam Adani's group will build and operate a $3 billion coal-fired power plant in Bihar state with a 2.4 gigawatt capacity, the biggest coal plant constructed in India via private investment in a decade, reports Reuters.The first of three units at the plant will be commissioned within four...
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Safe-haven gold touches two-week peak
Gold rose to an over two-week high on Thursday, buoyed by safe haven demand after US President Donald Trump's tariffs went into effect and US jobs data added to rate-cut expectations, reports Reuters.Spot gold gained 0.6 per cent to $3,388.09 per ounce as of 0956 a.m. ET (13:56 GMT), after...
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Brazil's fish industry hit with a 50pc US tariff
SAO PAULO, Aug 7 (Reuters): Brazil's seafood industry is sounding the alarm to pressure the federal government for immediate relief as it grapples with mounting fears of job losses and bankruptcies as a result of the 50 per cent tariffs the US imposed on most Brazilian exports on Wednesday.The new...
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Bombardier to expand aftermarket service centres in US
Bombardier said on Thursday it would expand its services and support network to multiple regions in the United States, as the Canadian business jet maker aims to meet increasing demand for aftermarket care from its customers, reports Reuters.The expansion is expected to roll out over the coming years and will...
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