approaches
By Shivansh Tiwary and Abhinav Parmar (Reuters) -Airlines, energy firms and a Universal Studios theme park were among the companies beginning to halt their Florida operations as they braced for disruptions with Hurricane Milton set to make landfall on Wednesday. The hurricane has rapidly intensified into one of the area’s…
HOUSTON (Reuters) – At least one oil and gas platform in the U.S. Gulf of Mexico was shut on Monday and Florida ports imposed restrictions on vessel navigation as Hurricane Milton rapidly intensified. Most energy infrastructure on the U.S. Gulf Coast, including oil and gas production facilities, liquefied (LNG) plants…
By Shariq Khan NEW YORK (Reuters) – Fuel distributors in Florida were bracing for supply shortages as government officials issued dire warnings about strengthening hurricane Helene, which is forecast to make landfall in the state on Thursday evening. Florida is the third-largest gasoline consumer in the United States, but there…
Investing.com– Gold prices rose in Asian trade on Thursday, staying close to record highs as a rebound in the dollar cooled ahead of key inflation data that is likely to factor into the outlook for interest rate cuts. Some safe haven demand also buoyed bullion prices, especially after some underwhelming…
Investing.com– Gold prices rose slightly on Tuesday, steadying after a sharp drop in the prior session as anticipation of a Federal Reserve meeting and more cues on interest rates kept traders biased towards the dollar. Among industrial metals, copper prices sank further amid persistent concerns over slowing Chinese demand. The…
By Anirban Sen (Reuters) -L Catterton, the private equity firm backed by luxury goods giant LVMH, has approached Mattel (NASDAQ:), the toy maker behind Barbie and Hot Wheels, with an acquisition offer, people familiar with the matter said on Monday. The move could prompt other potential suitors to consider bids…
By David Lawder (Reuters) – The United States and India have extended a standstill agreement on U.S. retaliation over India’s digital-services tax until Sunday, aligning it with a fast-approaching deadline for a global deal to reallocate taxing rights on the world’s biggest and most profitable companies, the U.S. Treasury said…
Investing.com– U.S. stock index futures fell in evening deals on Thursday, extending losses as fears of high interest rates and slowing growth sparked a two-day rout on Wall Street, with focus now turning to key PCE data for more cues on inflation. A mix of weak earnings and profit taking…
