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Gold prices consolidate with focus on U.S. inflation data
Gold prices eased on Monday as some investors locked in profits after a sharp rise in the previous session, while markets awaited this week's...
Exxon faces $2 billion loss on sale of troubled California oil properties
Exxon Mobil Corp (XOM.N) will take up to a $2 billion loss on the highly leveraged sale of a troubled California offshore oil and gas...
Gold Fields says it will not make new offer for Yamana Gold
The board of South Africa's Gold Fields (GFIJ.J) has decided it will not offer to change the terms of its deal to take over Yamana Gold (YRI.TO) after...
Oil prices slide as hopes for China demand rebound fade
Oil prices fell more than US$1 a barrel on Monday after Chinese officials on the weekend reiterated their commitment to a strict COVID containment...
Euro zone downturn deepened in Oct, winter recession likely -PMI
Euro zone business activity contracted last month at the fastest pace since late 2020 as high inflation and fears of an intensifying energy crisis...
