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Gold Futures Settle At 9-month Low As Dollar, Bond Yields Rise

Gold Futures Settle At 9-month Low As Dollar, Bond Yields Rise
WASHINGTON (dpa-AFX) - Gold prices fell on Thursday, pushing the most active gold futures contract to a nine-month low, as the dollar gained in strength and the yield on long-term U.S. Treasury Notes rose.
The Federal Reserve Chairman Jerome Powell commented at a Wall Street Journal Webinar this afternoon that the movements in the bond market was a concern, but then it has not made a significant impact on financial conditions. His comments lifted the dollar.
The dollar index, which moved in a tight band, albeit above the flat line, till around noon, rose sharply over the next couple of hours. The index rose to 91.66, gaining over 0.8%. ....

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Oil Futures Settle Sharply Higher As OPEC Decides To Extend Production Cuts

WASHINGTON (dpa-AFX) - Crude oil prices moved up sharply on Thursday, lifted by an announcement by the Organization of the Petroleum Exporting Countries and its allies that the group would keep ....

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'Hit' jobs case: PR consultant apologises and promises cash to settle defamation case that came from Dirty Politics

Hit jobs case: PR consultant apologises and promises cash to settle defamation case that came from Dirty Politics
3 Mar, 2021 07:10 AM
7 minutes to read
PR consultant Carrick Graham in his Parnell office. Photo / Doug Sherring
An apology and cash payment has been made by a public relations consultant to three public health experts who were victims of defamatory online attacks alleged to have been funded by money from Big Sugar and Big Tobacco.
The apology from Carrick Graham came in the opening hours of a defamation case at the High Court in Auckland in which evidence was to be produced showing he had taken money from clients in alcohol and food industries and paid former Whale Oil blogger Cameron Slater to attack public health researchers. ....

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Dunelm : Hedge fund billionaire Sandell pays $105 million to settle NY tax fraud case

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NEW YORK (Reuters) - The billionaire hedge fund manager Thomas Sandell has paid $105 million in back taxes and damages to settle charges he defrauded New York state and New York City out of taxes on a decade s worth of fees, officials said on Tuesday.
Sandell, a principal at Sandell Asset Management Corp, did not admit or deny wrongdoing in settling claims by state Attorney General Letitia James and New York City Corporation Counsel James Johnson, who jointly announced the settlement.
The claims arose from Sandell s having deferred paying taxes on $450 million of management and performance fees he earned from overseeing offshore hedge funds from 1998 to 2008. ....

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Oil Futures Settle Sharply Lower Ahead Of Inventory Data, OPEC Meet

WASHINGTON (dpa-AFX) - Crude oil prices drifted lower on Tuesday as traders weighed crude demand and supply position and looked ahead to weekly inventory data, and the upcoming meeting of the ....

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