Gold Outlook Report 2023

Rare Local Ceasefire In Ukraine At Zaporizhzhia Nuclear Plant For Urgent Repairs The International Atomic Energy Agency (IAEA) confirmed in a Friday announcement that a local ceasefire between Ukraine and Russia is in effect around the Zaporizhzhia Nuclear Power Plant to urgently allow crews to restore the facility's backup power supply. In a local, mutual agreement along the front lines, the UN nuclear watchdog confirmed both sides agreed to halt fighting in the area to enable work on the damaged line. This is a rare ceasefire moment, even if very localized...

Yemen’s Houthis, officially known as Ansar Allah, have launched at least two attacks on Israel since Saturday as the US-Israeli war against Iran continues to expand across the region. Houthi military spokesman Yahya Saree said in a statement on the first attack that it was launched “in support of the Islamic Republic of Iran and […]

Unilever In "Advanced Discussions" To Sell Food Unit To Old Bay Maker Unilever Plc confirmed it is "now in advanced discussions" with Maryland-based spice maker McCormick & Company to sell its food business unit in a $15.7 billion transaction and said a final deal could be announced as soon as today.  "The Company is now in advanced discussions with McCormick & Company ("McCormick") regarding a potential transaction," the Anglo-Dutch consumer goods company wrote in a press release. Unilever noted, "Work remains ongoing to agree and finalise a transaction and it is possible...