Russia has increased its daily gold purchases by 700%, allocating 8.2 billion rubles per day from September 6 to October 4, according to the country’s Finance Ministry.
Business
Russia has increased its daily gold purchases by 700%, allocating 8.2 billion rubles per day from September 6 to October 4, according to the country’s Finance Ministry.
UK house prices have risen 4.3% annually, with analysts warning that potential changes in the Autumn Budget could impact further growth, particularly if taxes increase.
European and Asian markets dropped Friday as investors awaited key U.S. payroll data. The expected report could shape the Fed’s next interest rate decision
Verizon will acquire Frontier Communications for $9.6 billion, expanding its fiber network and adding 2.2 million subscribers across 25 states to its Fios service.
Nvidia stock fell nearly 10% as global markets tumbled amid growing concerns over the economy. Investors are bracing for key U.S. jobs data later this week.
China has issued a stern warning to Japan, threatening significant economic retaliation if Tokyo proceeds with additional restrictions on the sale and servicing of chipmaking equipment to Chinese firms. The move complicates ongoing US-led efforts to curb China’s access to advanced semiconductor technology.…
Travel
Cathay Pacific grounded 15 Airbus A350s after discovering a Rolls-Royce engine fault, leading to flight cancellations and operational disruptions.
Technology
South Korea’s latest data shows a rapid increase in COVID-19 levels in wastewater, reflecting a larger summer outbreak.