64 h. ago Gold prices fall; Britain’s biggest chemical plant under threat – as it happened

Spot gold falls by over 1% as White House says it will clarify ‘misinformation’ about import tariffs on one-kilo gold bars; China says hopes US will strive for ’positive’ trade outcomesFour reactors at France’s Gravelines nuclear power station were shut down late on Sunday when the filter drums of the pumping stations that pull in cooling water became packed with a swam of jellyfish.The operator, the electricity company EDF, which is owned by the French government, said reactors 2, 3, and 4 stopped automatically when a “massive and unpredictable” swarm of jellyfish showed up, and reactor 6 went offline shortly after. Continue reading...

Economics

68 h. ago Oil and gold prices retreat amid Ukraine optimism; Britain’s biggest chemical plant under threat – business live

Spot gold falls by over 1% as White House says it will clarify ‘misinformation’ about import tariffs on one-kilo gold bars; jellyfish swarm shuts French nuclear power stationFour reactors at France’s Gravelines nuclear power station were shut down late on Sunday when the filter drums of the pumping stations that pull in cooling water became packed with a swam of jellyfish.The operator, the electricity company EDF, which is owned by the French government, said reactors 2, 3, and 4 stopped automatically when a “massive and unpredictable” swarm of jellyfish showed up, and reactor 6 went offline shortly after. Continue reading...

Economics

2 d. ago Oil and gold prices retreat on Ukraine optimism; Fabergé sold to US investment firm – business live

Trump and Putin due to meet in Alaska on Friday; White House to clarify ‘misinformation’ about import tariffs on gold barsEuropean stocks have risen cautiously, while oil and gold prices have fallen further, amid optimism of over a potential Ukraine peace deal, ahead of talks between Donald Trump and Vladimir Putin in Alaska at the end of the week.The FTSE 100 index has turned positive and is trading by 0.3% higher 9,124. Continue reading...

Economics

5 d. ago Gold futures jump to record high after US tariffs on cast bars

Imposition of 39% import rate described as ‘another blow’ to Switzerland’s world-leading refining industryThe price of gold futures have soared to a record high after it emerged that the US would put tariffs on imports of 1kg bars in a further trade blow to Switzerland, which dominates the world’s refining industry.Swiss exports to the US were hit by a crippling 39% tariff on Thursday after the country’s president returned empty-handed from a last-minute dash to Washington in an attempt to get the rate, among the highest imposed by Donald Trump, lowered. Continue reading...

Politics

5 d. ago Gold futures soar to record high after reports of US tariffs on Swiss bars

Imposition of 39% export rate described as ‘another blow’ to Switzerland’s world leading refining industryThe price of gold futures have soared to a record high after it was reported that the US would put tariffs on imports of 1kg bars in a further trade blow to Switzerland, which dominates the world’s refining industry.Swiss exports to the US were hit by a crippling 39% tariff on Thursday after the country’s president returned empty-handed from a last-minute dash to Washington in an attempt to get the rate, among the highest imposed by Donald Trump, lowered. Continue reading...

Politics

3 w. ago Business news live: FTSE 100 near record levels and latest gold, bitcoin and oil price updates

Latest stock markets updates, business and money news on Monday

Economics