Oil prices up after Israeli attacks, but oversupply caps gains
LONDON, Sept 10 (Reuters): Oil prices rose on Wednesday after Israel attacked Hamas leadership in Qatar, Poland shot down drones and the U.S. made a push for new sanctions on buyers of Russian oil, but concerns over crude oversupply capped further gains. Brent crude futures were up 66 cents, or...
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US misses out on billions in China soybean sales midway through peak season
BEIJING/SINGAPORE/CHICAGO, Sept 10 (Reuters): US farmers are missing out on billions of dollars of soybean sales to China halfway through their prime marketing season, as stalled trade talks halt exports and rival South American suppliers step in to fill the gap, traders and analysts said.Chinese importers have booked around 7.4...
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Gold hovers near record high ahead of US inflation data
Gold prices hovered near an all-time high on Wednesday, buoyed by expectations of a U.S. interest rate cut later this month, while market participants awaited U.S. inflation data for clues on the Federal Reserve's monetary policy path, reports Reuters. Spot gold was up 0.8% at $3,655.77 per ounce, as of...
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Joby to bring helicopter and seaplane rides to Uber app as soon as 2026
Air-taxi maker Joby Aviation said on Wednesday that it planned to bring Blade's helicopter and seaplane services to the Uber app as soon as next year, reports Reuters.Joby acquired Blade Air Mobility's passenger business in August for up to $125 million, and plans to use the helicopter ride-share firm's infrastructure...
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India consumer inflation likely rose in August
BENGALURU, Sept 10 (Reuters): The fading impact of high base effects likely pushed India's consumer inflation higher in August, ending a nine-month streak of declines, according to a Reuters poll of economists.Base effects, which kept headline inflation at multi-year lows in recent months, probably faded in August and coincided with...
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