No gold rush: Safe-haven asset feels the March heat

Gold is usually seen as a safe-haven when stocks are falling or when inflation is rising. With prices of the yellow metal hovering near record highs, people are also putting off their jewellery purchases. Along with a subdued marriage season, the orders with price open and settled on delivery day, too, are getting cancelled. Apart from high, volatile prices, there […]

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American Honda Recalls Recreational Off-Highway Vehicles

American Honda Motor Co. Inc. is recalling certain recreational off-highway vehicles or ROVs citing crash and injury risks, the U.S. Consumer Product Safety Commission said. The recall involves about 32,000 units of model year 2019 – 2021 Honda Talon 1000 S2 and S4 ROVs. The vehicles were sold in various colors including red, blue, green, gray and yellow. The vehicles […]

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Russia May Be Planning To Use Chemical Weapons In Ukraine: NATO Chief

NATO has expressed concern that Russia may be planning to use chemical weapons in Ukraine under the pretext that Ukraine and NATO operate chemical and biological weapons labs in the country. “They are making absurd claims about biological labs and chemical weapons in Ukraine,” NATO Secretary General Jens Stoltenberg said at a press conference in advance of Wednesday’s meeting of […]

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Starbucks Shifting Away From Single-use Plastics

Coffee major Starbucks announced its plans to drop the idea of single-use plastics with the aim of reducing waste sent to landfill from its stores and direct operations. According to the company, shifting to reusables cups is its primary strategy toward achieving Planet Positive goals, along with finding better ways to manage waste with more sustainable packaging solutions. The company […]

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Futures climb on Ukraine peace talks, Fed decision ahead

(Reuters) – U.S. stock index futures surged on Wednesday, spurred by signs of progress in Ukraine-Russia peace talks, while investors braced for a widely expected Federal Reserve interest rate hike later in the day.Slideshow ( 2 images )Sentiment was also boosted after China said it would roll out policy steps favorable for its capital markets and strive to reach an […]

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Amazon Blocks AWS New Sign-ups In Russia, Belarus

Amazon.com Inc. said its cloud-computing unit Amazon Web Services or AWS is no longer accepting new customers based in Russia or Belarus following Russia-Ukraine conflict. Amazon also suspended shipment of retail products to customers based in Russia and Belarus, and will no longer be accepting new Russia and Belarus-based Amazon third-party sellers. In addition, access to Amazon Prime Video for […]

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