Finance

Gold opens above $3,600 ahead of expected rate cut

Gold opens above $3,600 ahead of expected rate cut

Gold () futures opened at $3,680.20 per ounce on Monday, up 0.8% from Friday’s close of $3,649.40. Gold has opened above $3,600 daily since September 9. Investors are awaiting the Fed’s next inter...

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Novartis signs up to $5.7 billion licensing deal with Monte Rosa Therapeutics

Novartis signs up to $5.7 billion licensing deal with Monte Rosa Therapeutics

(Reuters) – Swiss drugmaker Novartis and drug developer Monte Rosa Therapeutics signed a licensing deal worth up to $5.7 billion on Monday to develop drugs for immune-mediated diseases. Und...

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BIS warns of mounting disconnect between debt and stock markets

BIS warns of mounting disconnect between debt and stock markets

By Marc Jones LONDON (Reuters) -The Bank for International Settlements has warned that record global share prices appear increasingly disconnected from the rising concerns about government debt l...

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India, US to hold trade talks in New Delhi on Tuesday, negotiator says

India, US to hold trade talks in New Delhi on Tuesday, negotiator says

By Manoj Kumar NEW DELHI (Reuters) -India and the United States will hold trade talks in New Delhi on Tuesday, weeks after President Donald Trump imposed punitive tariffs on the South Asian natio...

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Why it is likely to cut rates this week

Why it is likely to cut rates this week

Investors across the globe are looking at the Federal Reserve as its officials gather on Tuesday and Wednesday to decide on interest rates. The Fed has held rates steady at 4.25%–4.50% since Dece...

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