Oil steady with spotlight on US rate verdict
Oil prices held steady on Tuesday in choppy trade as the focus turned to the US Federal Reserve's policy meeting that concludes on Wednesday, while fears of weaker demand in China curbed gains, reports Reuters.Prices saw some support from prospects of lower US crude stockpiles and concerns over US production...
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Gold rally hits pause as Fed rate decision looms
Gold prices eased on Tuesday after scaling an all-time high while all eyes were on the US interest rate decision that traders are betting may start with an outsized cut, reports Reuters.Spot gold fell 0.4 per cent at $2,572.20 per ounce by 1054 GMT after scaling an all-time high of...
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US solar jobs rise 6pc in 2023
US solar industry jobs rose 6 per cent last year to nearly 280,000, their highest level ever, according to an annual study known as the National Solar Jobs Census published on Monday by the nonprofit Interstate Renewable Energy Council, reports Reuters.Solar-generated electricity is one of the fastest-growing segments of the...
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Ghana lost 160k tonnes of cocoa to smuggling in 2023/24 season
ACCRA, Sept 17 (Reuters): Ghana has lost more than a third of its 2023/24 cocoa output to smuggling, a top official from the cocoa marketing board (Cocobod) told Reuters, as low local prices and payment delays push some farmers to sell to increasingly sophisticated trafficking rings.Poor harvests in Ghana and...
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