News & Analytic Centre

Miner Barricks Q1 Output Hurt by Nevada Gold Mines

April 14 Reuters Miner Barrick Gold, said on Thursday firstquarter production fell 17.7 from the previous three months, hurt by lower output at its Carlin and Cortez mines in Nevada. Barrick said gold output was lower at its Carlin and Cortez mines due to depletion of stockpiled higher grade underground ore after the mechanical mill […]
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UBS Names new Manager for Embattled Asia Fund

HONG KONG, April 14 Reuters UBS Group AG has appointed a new manager to oversee a 2 billion Asian high yield fund, the Swiss bank said in a statement, after a fivemonth hiatus in top leadership at the fund that was hit hard by China39;s property sector debt crisis. Raymond Lin Gui will join UBS39; asset […]
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Infosys Shares Slump 9 as Q4 Profit Misses Street View

BENGALURU, April 18 Reuters Shares of India39;s Infosys fell 9 on Monday, pulling down the broader IT index as the software services provider39;s lowerthanexpected March profit last week triggered fears of growth normalisation in the sector after a pandemicled boom. Infosys, India39;s No.2 software services firm, on Wednesday reported a consolidated net profit of 56.86 billion […]
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U.S. Oil Drilling, Output Moving Higher with Energy Prices

U.S. oil production forecasts are being revised upwards despite labor and supply chain constraints as higher prices spur more drilling and well completion activity, according to industry experts. Calls for new oil supplies are being answered by more producers as U.S. prices stay above 100 per barrel, propelled by Russia39;s invasion of Ukraine. Prices are […]
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Oil Prices Hit near 3Week Highs on Supply Fears

Brent futures up 1, WTI up 0.9 at 0445 GMT Libya halts operations at El Feel oilfield due to protests U.S. oil drilling, output moving higher with energy prices TOKYO, April 18 Reuters Oil prices climbed to nearly threeweek highs on Monday as fears over tight global supply grew, with the deepening crisis in Ukraine […]
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Airbus Urges Europe to Refrain from Russian Titanium Sanctions

April 12 Reuters Airbus urged Europe on Tuesday not to block imports of titanium from Russia, saying sanctions on the strategic metal would damage aerospace while barely hurting Russia39;s economy. Widening the action taken after Russia39;s invasion of Ukraine to titanium, used in airplanes and jet engines, would not be appropriate, Chief Executive Guillaume Faury said […]
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China Keeps MediumTerm Policy Rate Unchanged

SHANGHAI, April 15 Reuters China39;s central bank kept borrowing costs of its mediumterm policy loan unchanged for the third straight month as expected on Friday, despite Beijing calling for more monetary stimulus to cushion an economic slowdown. The People39;s Bank of China PBOC said it was keeping the rate on 150 billion yuan 23.52 billion […]
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