Gold slips as easing lockdowns weigh on safe-haven demand

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Gold slips as easing lockdowns weigh on safe-haven demand

Spot gold eased 0.3% to $1,700.66 per ounce by 0315 GMT. U.S. gold futures were steady at $1,710.90. Elsewhere, palladium gained 0.4% to $1,808.73 per ounce, having touched a more-than one-month low on Tuesday. Platinum eased 0.1% to $763.73 …
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Italy's top bank UniCredit posts larger-than-expected $2.9 billion first-quarter loss

MILAN (Reuters) – Italy’s biggest bank UniCredit (CRDI.MI) posted on Wednesday a 2.7 billion euro ($2.9 billion) loss in the first quarter after writing down loans in anticipation of the damage caused by the COVID-19 pandemic. FILE PHOTO: A view of the …
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Grocery stores may be limiting meat sales, but there's no need to panic-buy just yet

Grocery stores, including Hy-Vee, Baker’s, Sam’s Club and Costco, are beginning to limit meat purchases as meatpacking plants stricken by the coronavirus scramble to stay open and fully staffed. But there’s no need to run out and fully stock the freezer, yet.
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India's service sector sees record contraction

Governments trying to contain the new coronavirus have shut down large parts of their country’s services sector, but none appears to have gone so far as India’s. According to data firm IHS Markit, the purchasing managers index for India’s services sector …
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Beyond Meat Rises 5% After Hours on Q1 Beats

Beyond Meat (NASDAQ:BYND) stock was sizzling after the company reported its Q1 of fiscal 2020 after the market closed on Tuesday. For the quarter, the alt-protein food producer booked net revenue of $97.1 million, 141% higher than in the same period of …
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