Jack Wittels
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Gold Bars Are Worth A Million Dollars For The First Time
For the first time ever, a bar of gold is worth a cool one million dollars.
- Tuesday August 20, 2024
- Author: Jack Wittels
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Gold Bars Are Worth A Million Dollars For The First Time
For the first time ever, a bar of gold is worth a cool one million dollars.
- Tuesday August 20, 2024
- Author: Jack Wittels
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Gold Swings As US Inflation Readings Fall Short Of Forecasts
Bullion was little changed near $2,470 an ounce in Asia hours after jumping 1.7% higher on Monday.
- Wednesday August 14, 2024
- Author: Jack Wittels
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Gold Plunges As Global Equity Mayhem Sets Traders On Edge
Gold fell as much as 1.2% in early Asian trading, dragged lower by weakness in global stocks, which offset concerns over heightened tensions in the Middle East.
- Tuesday August 6, 2024
- Author: Jake Lloyd-Smith, Jack Wittels
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Gold Plunges As Global Equity Mayhem Sets Traders On Edge
Gold fell as much as 1.2% in early Asian trading, dragged lower by weakness in global stocks, which offset concerns over heightened tensions in the Middle East.
- Tuesday August 6, 2024
- Author: Jake Lloyd-Smith, Jack Wittels
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Gold Nears Record High As Traders Ramp Up Bets On Fed Rate Pivot
Spot bullion was up 0.2% to trade just below $2,430 an ounce after rising on Monday to within $11 of the peak set in May.
- Wednesday July 17, 2024
- Author: Sybilla Gross, Jack Wittels, Nick Bartlett
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Gold Nears Record High As Traders Ramp Up Bets On Fed Rate Pivot
Spot bullion was up 0.2% to trade just below $2,430 an ounce after rising on Monday to within $11 of the peak set in May.
- Wednesday July 17, 2024
- Author: Sybilla Gross, Jack Wittels, Nick Bartlett
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Burberry Preparing to Cut Hundreds of Jobs, Telegraph Reports
Burberry has reportedly begun a 45-day consultation, signaling that hundreds of positions could be cut.
- Sunday July 7, 2024
- Author: Jack Wittels
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Burberry Preparing to Cut Hundreds of Jobs, Telegraph Reports
Burberry has reportedly begun a 45-day consultation, signaling that hundreds of positions could be cut.
- Sunday July 7, 2024
- Author: Jack Wittels
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Indian Diesel Floods to Asia as Houthis Imperil Flows to Europe
Shipments of diesel from India into Europe are at the lowest since 2022 so far this month as Houthi attacks on merchant shipping continue to disrupt international trade, driving more cargoes to Asia.
- Wednesday February 21, 2024
- Author: Jack Wittels
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Ships Told To Transit Red Sea With ‘Great Care’ After Strikes
A key trade group said the US has advised ships that continue to transit the Red Sea do so with “great care” after a fresh round of joint air strikes with the UK on Yemen’s Houthi militants.
- Tuesday January 23, 2024
- Author: Alex Longley, Jack Wittels
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Tanker Traffic Drops Sharply Through Crucial Red Sea Strait
So far this week, only about 30 tankers, including crude oil and fuel carriers, have entered the Bab al-Mandab Strait.
- Friday December 22, 2023
- Author: Jack Wittels, Prejula Prem
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Diesel Hits Chaos Mode In Fresh Blow For Global Economy
The worlds diesel market is once again flashing signs of chaos, undermining the global economy with a fresh bout of inflationary pressure.
- Friday December 8, 2023
- Author: Prejula Prem, Jack Wittels and Alex Longley
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Shipping Giants Want An End Date For Fossil Fuel-Only Vessels
Europe’s biggest container lines want to phase out ships powered only by fossil fuels.
- Friday December 1, 2023
- Author: Jack Wittels, Tara Patel
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Two Fuels That Power the Global Economy Flash Red in Europe
If the oil market offers clues about the state of the economy, it’s through the prism of two petroleum products: diesel and naphtha. And in Europe, the news is bleak.
- Saturday November 4, 2023
- Author: Jack Wittels, Elizabeth Low, Chunzi Xu