Oil prices set to drop for a second week

Oil prices fell on Friday and were set to drop for a second week on concerns prolonged trade war between the United States and China, the world's largest economies, will crush crude consumption as their dispute curtails economic growth, reports Reuters.Brent futures fell 31 cents, 0.5 per cent, to $63.02...

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Gold price forecasts raised

UBS and Commerzbank raised their gold price forecasts on Friday, joining other investment banks as investors drive the safe-haven metal to record highs amid the economic uncertainty sparked by US President Donald Trump's trade policies, reports Reuters.Trump's tariffs have roiled financial markets, stoking fears of inflation and a global recession....

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UK economy rebounds in unexpected boost to govt

LONDON, April 11 (AFP): Britain's economy grew more than expected in February, official data showed Friday, in a rare piece of good news for a Labour government that has made kickstarting growth a top priority.Gross domestic product rose 0.5 percent in the month, rebounding from an upwardly revised figure of...

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