Gold eased below $1,190 an ounce in Europe on Monday, extending the previous week's 1.5 percent fall, due to lower investment demand for the precious metal as appetite for other assets improved.
Spot gold was bid at $1,189.55 an ounce at 1112 GMT, against $1,193.10 late in New York on Friday. U.S. gold futures for August delivery rose $2.00 an ounce to $1,190.20.
Private equity firms TPG and Carlyle won a bidding war for Australian hospital owner Healthscope Ltd , agreeing to pay $1.73 billion in the country's largest buyout deal since 2007.
Top scorers Germany and winners Spain elicited the most positive reaction from online fans of this year's soccer World Cup, whilst France's player crisis made them the most maligned team of the tournament.
China's economy cooled in the second quarter, a slowdown that is likely to extend over the rest of the year as Beijing steers monetary and fiscal policy back to normal after a record credit surge to counter the global crisis.
China's economy cooled in the second quarter, a slowdown that is likely to extend over the rest of the year as Beijing steers monetary and fiscal policy back to normal after a record credit surge to counter the global crisis.
In all likelihood, India is set to go for commercial exploration of platinum following very promising discovery of the precious metal along the 150-km belt in Tamil Nadu and adjoining Kerala. Once the government takes a deeper exploration of 100-200 metres, the researchers expect the find to be even more substantial, which could lead to viable commercial exploration. Till now, the exploration has been carried out only up to 30 metres and it is very promising.
All miners in the world are now eyeing Zimbabwe. Reason: The country is witnessing major changes in the mining sector and Zimbabwe is one of the biggest sources of platinum group metals.
Zimbabwe is witnessing a revival in its mining sector, with major companies committing to a number of significant platinum projects. And, if Zimbabwe decides to tap its mining resources properly, the country will be on way to high growth.
Google Inc, which is at the heart of a controversy over its data collection methods, has decided to resume gathering images in four countries for its Street View mapping service.
Europe listed 91 banks taking part in financial stress tests -- including many regional banks where markets suspect most of the sore spots are -- as it seeks to restore confidence in the sector.
CPM, a New York-based commodities analysis firm, has predicted that platinum group metals are set to make a roaring investment option in the coming years.
London and New York are not about to lose their spots as the world's leading financial centers but they are being challenged by emerging market upstarts in a potentially lucrative area: the management of funds moving between developing economies.
Africa offers among the world's best investment prospects as emerging markets grow ever more important, although its economies risk being destabilized by the slew of capital they stand to attract in coming years.
Immediately after the Tel Aviv Meet on Zimbabwe's blood diamonds, the world was abuzz with the diamond controversy.
Several newspapers carried articles on the blood diamonds and the Zimbabwe mine fields. Diamond jewelry is a powerful symbol of status and love, and a $72 billion-a-year retail business worldwide.
Till now Zimbabwe was the main country which has been drawing flak from across the world for the blood diamonds from its now infamous Marange diamond fields. But now, super model Naomi Campbell is in the eye of a storm for accepting blood diamonds as gift.
His face wracked by age and his voice rasping after decades of chain-smoking coarse tobacco, the former long-time Russian Minister of nuclear energy and veteran Soviet physicist Viktor Mikhailov knows just how to fix BP's oil leak in the Gulf of Mexico.
An eagerly-awaited submarine cable linking West Africa to Europe has gone live, paving the way for cheaper and more reliable internet access in one of the world's fastest-growing telecoms markets, its operators said on Friday.
Gold ticked higher on Monday, trading less than $10 shy of last week's record high, underpinned by worries about the global economy after the G20 summit and U.S. comments that Iran has fissile material for two atomic bombs.
Gold prices continued its northern journey in Asian trade Monday as uncertainty over global economic situation boosted its safe haven appeal.
Gold for immediate delivery was seen trading at $ 1256.84 an ounce at 11.30 a.m Singapore time while U.S. gold futures for August delivery was at $1,258.00 an ounce.
Group of 20 leaders pledged on Sunday to push for agreement on greater voting power for emerging economic powers in the International Monetary Fund by the next summit in Seoul, South Korea, in early November.
Europe's focus on cutting deficits is absolutely wrong, Argentine President Cristina Fernandez said on Saturday, citing her country's experience with austerity she said helped lead to a huge default in 2001.
G8 wealthy countries said on Saturday that the global economic crisis threatened to undermine 2015 global targets for reducing extreme poverty worldwide, but avoided bold new aid promises.
JOHANNESBURG (Reuters Life!) - Want to hear what your favorite pop star or politician sounds like accompanied by the most memorable sound of the soccer World Cup in South Africa -- the droning vuvuzela trumpet?
