US President Donald Trump, who had initially expressed frustration over China’s decision to retaliate with 34 per cent tariffs on American goods, appeared to soften his stance on the issue by offering a potential solution to the trade standoff. Trump offered to lower US tariffs on Chinese goods if China lets TikTok sell its US…
Just a few minutes’ walk from a metro station in the northeast corner of Vienna, you might think that you were in Texas: A drilling rig more than 130 feet high looms over open land. Instead of oil, though, the wells will pump close to 1.7 million gallons a day of hot water from deep…
Last week, an aide for Vice President JD Vance reached out to the billionaire Frank McCourt. The topic at hand was Mr. McCourt’s $20 billion long-shot offer to buy TikTok, the Chinese-owned video app. Mr. Vance’s aide wanted details about the bid, which was one of several public overtures for the app, according to two…
NEW DELHI: In November 2024, central banks globally added a combined total of 53 tonnes of gold to their reserves, with the Reserve Bank of India (RBI) contributing 8 tonnes, according to the World Gold Council (WGC). In 2024, central banks, particularly those from emerging markets, continued to be avid buyers of gold, to achieve…
NEW DELHI: Global central banks remained active in the gold market in November 2024, collectively adding 53 tonnes of the precious metal to their reserves, according to the World Gold Council.This sustained buying trend reflects the growing preference for gold as a stable and secure asset amidst global economic uncertainties.India’s year-to-date purchased 73 tonnes of…