Oil prices hit one-week low after US, Iran pause fighting over weekend
LONDON , July 27 (Reuters): Oil prices tumbled 7 per cent on Monday, hitting a one-week low, after the US and Iran paused strikes over the weekend following two weeks of attacks, raising hopes of a diplomatic solution that would de-escalate the conflict and allow shipping to resume in the...
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Coca-Cola says fairlife resumes production at 4 US plants
Coca-Cola on Monday said its dairy company, fairlife, resumed most of the production at four US facilities, where operations were halted after unauthorized third-party access on some systems, reports Reuters.Fairlife, earlier this month, joined companies grappling with a surge in AI-driven cyberattacks and ransomware that steal sensitive data and ?disrupt...
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Gold climbs 1.0pc, all eyes on Fed meeting
Gold prices climbed on Monday as a pause in strikes between the United States and Iranian forces dragged crude oil prices lower, helping ease inflation concerns and worries about the risk of higher interest rates in a week when Fed policymakers are due to meet, reports Reuters.Spot gold gained 1...
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Qatar launches diamond exchange
RIYADH, July 27 (Arab News): Qatar has launched a diamond exchange in a bid to position Doha as a regional hub for the global trade in rough and polished diamonds. The Qatar Diamond Exchange, launched by the Qatar Free Zones Authority, will operate from the Ras Bufontas Free Zone and...
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Trump may need to allow Chinese minerals as US industry struggles to meet 2027 deadline
US President Donald Trump's push to end Washington's reliance on Chinese critical minerals by January is colliding with a stark reality: American miners and processors aren't ready, reports Reuters.Trump has made US mining and processing of critical minerals a national security priority since returning to office, pouring tens of billions...
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