By Anjana Anil (Reuters) - Gold prices surged to another record high on Friday as data showing a rise in the U.S. unemployment rate boosted expectations that the U.S. Federal Reserve could begin cutting interest rates soon. Spot gold rose 0.5% to $2,170.55 per ounce...
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Reuters
Chevron’s CEO faces challenges of a lifetime with Hess bid
By Sabrina Valle HOUSTON (Reuters) - Chevron CEO Michael Wirth is facing a head-to-head match with Exxon Mobil with his $53 billion bid for Hess and its stake in oil hotspot Guyana, and could wind up trapped in a dispute between two of South America’s biggest energy...
Binance must face revived investor lawsuit in US over crypto losses
By Jonathan Stempel NEW YORK (Reuters) -A federal appeals court on Friday revived a lawsuit where investors accused Binance, the world's largest cryptocurrency exchange, of violating U.S. securities laws by selling unregistered tokens that lost much of their value. In...