News & Analytic Centre

Gold Falls on Profit Taking after Record Rally

US GDP, PCE inflation data due next week May increase volatility in precious metals Physical demand in Asia remains muted amid high prices LONDON, Oct 25 Reuters Gold prices fell on Friday as some investors booked profit after a recent rally that pushed bullion to a record high, although ongoing tensions in the Middle East […]
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Swiss Chemical Maker Sikas NineMonth Sales Rise 5.5

Oct 25 Reuters Swiss industrial and construction chemicals company Sika reported a 5.5 increase in sales for the first nine months of 2024 on Friday, and confirmed its outlook for the year. The company, whose chemical additives are used to strengthen and waterproof building materials in walls, floors and roofs, said sales rose to 8.91 billion […]
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Mercedes Car Earnings Plunge as China Shuns Luxury

Car earnings plunge by 64 Sees car sales below 2023 level, says will step up cost cuts Blames weak China, fierce competition for slump Oct 25 Reuters German premium automaker MercedesBenz on Friday said thirdquarter earnings in the core car division plunged by 64, massively missing analysts39; estimates, as Chinese consumers continued to cut back on […]
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