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The Wall Street firm estimated purchases of 64 tonnes for September, up from 21 tonnes in August.Goldman reiterated in a note that gold prices will reach $4,900 by the end of 2026, with further gains likely if private investors continue diversifying their portfolios.Spot gold fetched about $4,068 per ounce on …
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(Reuters) -Home Depot and Lowe’s are set to post modest sales gains when they report quarterly results this week, giving investors a read on whether the outlook is improving or consumer caution is still holding back renovation and do-it-yourself spending.The two major U.S. home improvement chains have faced h …
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The proceeds topped initial estimates of $12 billion, the report said.As artificial intelligence workloads grow, big technology firms are turning to large-scale debt sales to fund infrastructure expansions that cost tens of billions of dollars.The e-commerce giant said in a regulatory filing it has filed f …
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TAIPEI (Reuters) -U.S.-based cloud services provider GMI Cloud said on Monday it will build a $500 million artificial intelligence data centre in Taiwan with the support of U.S. chipmaker Nvidia. The data centre will come online by March 2026 and will run on Nvidia’s new Blackwell GB300 chips. The fac …
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NEW YORK (Reuters) -The Trump administration’s decision to eliminate tariffs on most coffee bean imports will be a boon for coffee roasters and importers in the U.S., but top global grower Brazil will suffer because its coffee remains subject to a steep tariff.While the measures announced late on Friday elimi …
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