A Swiss hedge fund plans to offer investments denominated in gold and silver to protect clients against the risk that record coronavirus stimulus spending will push down currency values.
Oil prices up at levels last seen in March on vaccine hopes, EU deal
Oil prices rose on Tuesday, helped by positive news about vaccine trials and a European Union stimulus deal reaching levels last seen when an oil price war erupted in early March between Russia and Saudi Arabia.
Doomsday Hedge Fund Sees Gold Topping $3,000 an Ounce
Gold could rise to $3,000 to $5,000 an ounce in the next three to five years, up from the current price of $1,800.
Yes Bank Raises $543 Million From Investors Ahead of Public Sale
Yes Bank Ltd. raised 41 billion rupees ($543 million) from a dozen select investors as part of its $2 billion public share offering.
Total Covid-19 confirmed cases in India rose past 9.36 lakh
Total Covid-19 confirmed cases in India rose past 9.36 lakh as authorities reported the largest ever spike in fresh cases.
Oil Edges Higher on U.S Stockpiles Build and OPEC+ Compliance
Oil edged higher after a report pointed to a drop in U.S. crude stockpiles and on signs that additional supply from OPEC+ next month won’t be as much as previously anticipated.
Hindustan Zinc Seeks to Raise $665 Million for Vedanta Delisting
Hindustan Zinc Ltd., controlled by billionaire Anil Agarwal, is seeking to raise as much as 50 billion rupees ($665 million) through local currency bonds to help finance a plan to take its parent private, according to people familiar with the matter.