Central banks have been shopping for large quantities of gold over the past 50 years, buying a historic excessive of 374.1 tons in 2019. The unprecedented shift has been seen by many as a transfer away from the US greenback. ...

Uber has bought its meals supply service in India to native rival Zomato in hopes of reducing losses amid stiff competitors for the South Asian market. ...

Shares of Russian metals firm Nornickel (Norilsk Nickel) surged 2.25 % on Monday throughout buying and selling on the Moscow Alternate, hitting an all-time excessive. ...

As China continues its lengthy and painful transfer away from coal, photo voltaic and wind power have gotten more and more aggressive. ...

A “grand operation” has been ordered by Pakistan’s Prime Minister Imran Khan in opposition to wheat hoarders and profiteers to alleviate a scarcity of flour provides. ...

Whereas final 12 months was marked by political and financial uncertainty internationally, Greece, Russia and Italy have been Europe’s prime performing inventory markets. ...

Worldwide scores company Fitch affirmed Pakistan’s B detrimental ranking with a secure outlook because of a difficult exterior sector state of affairs and weak fiscal and debt place. ...

A gold dealer and famous cryptocurrency critic took to Twitter to complain he “simply misplaced all of the #bitcoin I've ever owned” after his pockets ‘forgot’ the password, drawing derision and cries of ‘OK, Boomer’ on social media. ...

Whereas Washington is “abusing” the standing of the greenback because the world reserve foreign money, Moscow will proceed to cut back its dependence on the dollar in favor of nationwide currencies, the Russian international minister says. ...

Russia’s Yandex, which runs a well-liked car-sharing service within the nation, is planning to broaden throughout Europe this yr, the tech firm has revealed. ...