Gold Prices Dip as Oil Fuels Inflation and Yield Concerns
Business & Markets • 10 days ago
The precious metal traded below $4,300 an ounce amid rising bond yields driven by oil price surges and inflation worries.
Business & Markets News
Oil Executives Warn of Impending Fuel Crisis Amid Supply Shortages
Business & Markets • 10 days ago
Top industry leaders express concern over dwindling global oil supplies and predict a prolonged period of tight markets, diverging from government assurances of temporary disruptions.
Treasury Yields Approach 5%, Signaling Potential Shift in Market Landscape
Business & Markets • 10 days ago
Investors are closely monitoring the 10-year Treasury note's yield as it nears a significant psychological and technical threshold, which could usher in a new era for borrowing costs.
UK Borrowing Costs Surge to 28-Year High Amid Rate Hike Expectations
Business & Markets • 10 days ago
Investors anticipate five interest rate increases by the end of 2027, pushing government borrowing costs to levels not seen since 1998.
Malls Stage Unexpected Comeback, Outperforming Commercial Real Estate Sector
Business & Markets • 10 days ago
Once written off, American shopping centers have seen values surge 13% in the past year, outpacing all other commercial real estate categories.
UAE Billionaire Lists 'Ghost' Gleneagles Golf Course for Sale
Business & Markets • 10 days ago
The 639-acre Perthshire site, built by Mahdi al-Tajir, has seen limited use since its completion nearly 20 years ago.
UAE Billionaire Lists 'Ghost' Gleneagles Golf Course for Sale
Business & Markets • 10 days ago
A 639-acre luxury golf resort in Scotland, built by UAE billionaire Mahdi al-Tajir and largely unused, is now on the market.
Costco Raises Motor Oil Prices, Limits Purchases Amid Supply Concerns
Business & Markets • 10 days ago
The wholesale club has increased prices for its Kirkland Signature motor oil and is restricting weekly purchases due to climbing crude oil prices and Middle East supply disruptions.
Dangote Refinery Launches Africa's Largest Share Sale
Business & Markets • 10 days ago
Nigerian billionaire Aliko Dangote is offering the public a stake in his newly operational oil refinery, in a deal potentially worth $2.1 billion.