Oil prices flat as investors await US data
LONDON, Oct 17 (Reuters): Oil prices were broadly flat on Thursday as investors waited on developments in the Middle East, the release of official US oil inventory data and details on China's stimulus plans.Brent crude futures were down 4 cents to $74.18 a barrel at 1309 GMT, while US West...
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United Airlines sees stronger profit, unveils $1.5b share buyback plan
CHICAGO, Oct 17 (Reuters): United Airlines forecast a stronger-than-expected profit in the current quarter on Tuesday, after third-quarter earnings topped Wall Street expectations on improved pricing power.In a sign of growing confidence in its business, the Chicago-based airline also announced a $1.5 billion share buyback program - its first since...
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Supply pressure weighs on corn and soybeans
PARIS/CANBERRA, Oct 17 (Reuters): Chicago corn edged lower on Thursday as a brisk US harvest and improved planting weather in South America countered support from the biggest daily export sale of US corn in over a year.Supply pressures also pulled downsoybean futures to another seven-week low, while wheat ticked lower...
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Gold hits record high_
Gold prices charged to an all-time high on Thursday, as expectations of more interest rate cuts by the U.S. Federal Reserve and uncertainty over the US presidential election boosted demand for bullion.Spot gold rose 0.5 per cent to $2,686.46 per ounce by 1126 GMT, after hitting a record high of...
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