The gold price drop last week showed its lowest since 2010 and the yellow metal is poised for further fall likely to record biggest monthly drop in the past two years.
The delayed talks over a third 85 billion euro bailout plan is set to take place on Tuesday. Syriza government led by Prime Minister Alexis Tsipras will hold negotiations with European troika, the tripartite committee led by the European Commission (Eurogroup), European Central Bank (ECB) and International Monetary Fund (IMF).
With recent milestones in space exploration, including this month's flyby of the New Horizons spacecraft of Pluto, one may wonder whether man has reached the end of planetary exploration.
As the price of crude oil continues to slip down, the oil companies are cutting jobs to survive the business. In the first quarter of this year, blue collar jobs were deterred, this point, engineers and scientists will be affected.
Citigroup's consumer bank has been fined to pay $700milion for its illegal credit card practices. The US Consumer Financial Protection Bureau (CFPB) has observed that Citibank's seven million customer accounts have been charged with misrepresenting costs fees. The consumer finance watchdog has also said that customers were charged for services not rendered to them. CFPB further notes that customers were affected by Citibank's deceptive marketing practices.
France is rethinking its taxi laws with the rising demand for Uber and other online ride-hailing services. France's Economy Minister Emmanuel Macron says key players are meeting next month to re-examine the industry's economic model.
Google offered $200 to $300 million to acquire Impossible Foods, a startup business, developing plant-based meat and dairy products. The company that wanted to beat the meat industry didn't agree on the price.
UK telecommunications provider BT has launched an all-new premium entertainment package using the telco's new set-top box.
Energy sector was the prime culprit among other stocks including materials and biotech, that pulled S&P 500 and Dow Jones lower recently. S&P 500 fell 2.2% and Dow eased 2.9% during the week ended 24 July. S&P 500 suffered biggest weekly decline since March.
What happens when a single stock is influencing the performance of several mutual funds (MFs) and exchange-traded funds (ETFs) alike?
The president of Mitsubishi Motors Corp (7211.T) said Japan, SouthEast Asia and Russia will become the automaker's principal production hubs after it calls time on making cars in the United States later this year because of dwindling output there.
Concerns over China dominated financial markets on Monday, with the biggest fall in Shanghai shares in eight years driving stock markets and prices of major commodities lower across the board.
The China Securities Financial Corporation (CSFC) has returned ahead of schedule some of the funds it borrowed from commercial banks to stabilize the stock market, three people in the banking industry with direct knowledge told Reuters.
Teva Pharmaceutical Industries has agreed to buy Allergan Plc's generic drugs business for $40.5 billion in a cash and stock deal that will turn the Israeli company into one of the world's largest pharmaceutical firms.
Apple and Nike will reportedly settle the claim filed two years ago over a misleading ad about the exact capability of Nike+ FuelBand, offering either $15 cash or $25 gift cards on its stores in the U.S. and Puerto Rico.
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- New Moto X launch this week; leaked photos reveal possible features and hardware
- Gold price meltdown continues; poised for further drop
- AT&T will charge additional fees for new installation and upgrades starting August 1
- Apple and Nike to pay back customers $15 cash or $25 gift card as settlement in Nike+ FuelBand class action suit
- Asus and Google introduce $249 convertible Chromebook Flip
- Major oil companies layoff more employees due to U.S. crude oil price drop
- CFPB fines Citibank for illegal credit card practices
- Mutual funds and ETFs are dancing to the tune of Apple's stock