September 25, 2024

European Shares Fall

European shares opened lower on Wednesday as a rally sparked by China’s stimulus package lost steam, while falls in technology and oil stocks also added to the losses.

The pan-European STOXX 600 index was down 0.3% at 518.06, after gaining nearly 1…

Somali, Azerbaijani Defense Ministers Discuss Bilateral Relations

Azerbaijani Defense Minister Zakir Hasanov and his Somali counterpart Abdulkadir Mohamed Nur discussed ways to strengthen bilateral relations in Baku, Azerbaijan, on Wednesday.

The two ministers also addressed areas of cooperation in defense affairs…

Gold Jumps to Record High on Rate Bets, Weaker US Dollar

Gold scaled another high on Wednesday, boosted by a softer US dollar and hopes of more interest rate cuts.

Spot gold rose 0.2% to $2,661.53 per ounce. Bullion hit an all-time high of $2,670.43 earlier.

US gold futures gained 0.3% to $2,686.10.