News tagged: Economy | Zylostar News

Tag: Economy

Saudi Aramco Profits Drop 22% as It Plans Cost Cuts and Sells Assets

Commodities

August 5, 2025

Saudi Aramco Profits Drop 22% as It Plans Cost Cuts and Sells Assets

Saudi oil giant Aramco reported a 22% fall in profit for the second quarter of 2025 as oil prices dropped and debt increased. The company is now pl...

Gold Dips Slightly as Market Waits for Fed Decision

Commodities

August 5, 2025

Gold Dips Slightly as Market Waits for Fed Decision

Gold prices eased a little on Tuesday, taking a breather after rising for three straight days. Investors are watching closely as weak U.S. job data...

Gold Rises for Fourth Straight Session as Rate Cut Bets Climb

Commodities

August 5, 2025

Gold Rises for Fourth Straight Session as Rate Cut Bets Climb

Gold prices climbed to around $3,380 per ounce on Tuesday, marking a fourth consecutive session of gains, fueled by rising expectations of a U.S. i...

U.S. Dollar Falls After Weak Jobs Data Raises Hopes for Fed Rate Cut

Forex Market

August 4, 2025

U.S. Dollar Falls After Weak Jobs Data Raises Hopes for Fed Rate Cut

The U.S. dollar continued to slide on Monday after disappointing jobs data raised hopes that the Federal Reserve may cut interest rates as early as...

Gold Futures Climb on Weaker Dollar, Fed Rate Cut Hopes

Commodities

August 4, 2025

Gold Futures Climb on Weaker Dollar, Fed Rate Cut Hopes

Gold futures rose 0.3% to $3,409.30 a troy ounce, supported by soft U.S. labor data and a weakening dollar. SP Angel analysts note that gold extend...

Sequans Adds 85 More Bitcoins, Now Holds Over 3,100 BTC

Cryptocurrency

August 4, 2025

Sequans Adds 85 More Bitcoins, Now Holds Over 3,100 BTC

Sequans Communications (SQNS) has bought another 85 bitcoins for around $10 million, the company announced. This brings its total bitcoin holdings ...

Volvo Reports 14% Drop in July Sales Amid Weak EV Demand

Stock Market

August 4, 2025

Volvo Reports 14% Drop in July Sales Amid Weak EV Demand

Volvo (ST:VOLVb) saw its global vehicle sales fall by 14% year-on-year in July, delivering 49,273 units amid continued weakness in electric vehicle...

Oil Falls as OPEC+ Output Hike and Weak U.S. Data Raise Demand Concerns

Commodities

August 4, 2025

Oil Falls as OPEC+ Output Hike and Weak U.S. Data Raise Demand Concerns

Oil prices extended their decline on Monday as OPEC+ confirmed another production increase for September, while signs of economic cooling in the U....