PRECIOUS-Gold pares losses as oil rout hammers risk appetite

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PRECIOUS-Gold pares losses as oil rout hammers risk appetite

(Adds comments, details, updates prices). * Gold to consolidate below recent highs in 2020, 2021 -poll. * Even a coronavirus crisis can’t puncture palladium prices – poll. * Interactive graphic tracking the global spread: open tmsnrt.rs/3aIRuz7 in an external …
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Virgin Australia enters voluntary administration. Richard Branson says it's 'not the end'

Hong Kong (CNN Business) Virgin Australia has collapsed into administration, one day after billionaire founder Richard Branson made a last-ditch appeal for government support for the country’s second biggest airline. The carrier is the industry’s latest …
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UK Car Insurer Admiral Announces Customer Refunds And Support For Key Workers

Admiral, a major UK car insurance provider, is refunding its car and van insurance policyholders £25 each to reflect the fact that fewer road journeys are being made during the coronavirus lockdown. Fewer journeys has led to a reduction in road traffic …
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Nigeria's annual inflation rises to 12.26% y/y in March

Adds background. LAGOS, April 21 (Reuters) – Nigeria’s annual inflation in March rose for a seventh straight month, the statistics office said on Tuesday, as border closures continued to push prices higher. Inflation rose to 12.26% year on year, up from 12.20% …
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MIDEAST STOCKS-Major Gulf bourses retreat further after crude's shock crash

April 21 (Reuters) – Major Gulf indexes traded lower on Tuesday, with financial shares suffering the biggest losses across the region, as investors were rattled by U.S. oil prices crashing to negative rates overnight. Although prices of U.S. West Texas …
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