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Investing.com-- Oil prices settled higher Monday, driven by growing bets on tighter global crude supplies as Russia is reportedly set to cut oil output at a time when Ukraine continues to target the country's refineries. 

Gold and silver prices Today on 25-03-2024: Check latest rates in your city The PCE data serves as the Federal Reserve's preferred measure of inflation, and any market response to it will likely be observed in the following week due to the Good Friday holiday. "Higher-than-expected PCE figures may prompt spot gold to pare some of its month-to-date gains," said Han Tan, chief market analyst at Exinity Group, was quoted as saying by Reuters. Tan remarked that the increased gold prices were indicative of the anticipation for imminent Fed rate cuts.

(Reuters) -Investment firm MNC Capital said on Monday it has raised its all cash bid to acquire sporting and outdoor products maker Vista Outdoor (NYSE:VSTO) to $3 billion from $2.9 billion.

By Timour Azhari

By Fabio Teixeira and Ricardo Brito

(Reuters) -China has introduced guidelines to phase out U.S. microprocessors from Intel (NASDAQ:INTC) and AMD (NASDAQ:AMD) from government personal computers and servers, the Financial Times reported on Sunday.

Investing.com — Investors will be looking ahead to data due out when markets are closed on Friday for the latest read on U.S. inflation. Several Federal Reserve officials, including Chair Jerome Powell, are slated to speak and their comments will be closely watched after last week’s dovish remarks by the Fed head. Here’s what you need to know to start your week.

Elon Musk's brain-chip start-up Neuralink's human trials has said that he posted on the social media site by "thinking". "Twitter banned me because they thought I was a bot, @X and @elonmusk reinstated me because I am," wrote 29-year-old Noland Arbaugh. Responding to Arbaugh, Musk confirmed, “First ever post made just by thinking, using the Neuralink Telepathy device!" This comes days after Musk on March 20 said Neuralink had made history by livestreaming its inaugural demonstration of a patient using a brain chip to play online chess.

Israel in exchange for every hostage freed by Hamas in any new Gaza truce, an Israeli official briefed on the Qatar-hosted talks said on Saturday. An Israeli delegation led by Mossad chief David Barnea is in Doha for indirect negotiations with the Palestinian militant group Hamas, which CIA director William Burns is helping Qatari and Egyptian officials to mediate.

By Dan Williams and Nidal al-Mughrabi

By Jonathan Landay

cut the interest rates later this year, thus kicking off the rate cut cycle in the market. However, RBI in its Feb 2024 monetary policy meeting (MPC) kept the interest rates unchanged for the sixth time in a row. But this is expected to change as the banking regulator is likely to go for the interest rate cut later this year, Reuters reported.

By David Shepardson

Apple is winding down a project to design and develop its own smartwatch displays, Bloomberg News reported on Friday, citing people with knowledge of the matter. The plan was shelved due to high costs and complexity, and Apple is now reorganizing the teams that handled display engineering and eliminating several dozen roles in the United States and Asia, according to the report.

Reuters. The statement further read, "The members of the Security Council underlined the need to hold perpetrators, organizers, financiers and sponsors of these reprehensible acts of terrorism accountable and bring them to justice." US White House spokesperson, John Kirby said, "The images are just horrible and just hard to watch, and our thoughts obviously are going to be with the victims of this terrible, terrible shooting attack." Russian Foreign Ministry official, Maria Zakharova remarked, “The entire world community is obliged to condemn this monstrous crime.

By David Shepardson and Rajesh Kumar Singh

Despite regulatory challenges, Paytm shares can cross ₹500, believes Motilal Oswal, sees 30% upside "What we heard on this quarterly call was that the merchandise margin recovery was coming slower largely due to management actions (reducing core product lines) and that sales through 1H25 would remain in negative territory," Barclays analyst Adrienne Yih, was quoted as saying by Reuters The brokerage Barclays slashed its price target by 20% to $114, marking the most significant adjustment on Wall Street following the latest results. Investors were particularly attentive to executives' remarks, highlighting Nike's prolonged direct-to-consumer (DTC) strategy's failure to spur growth as anticipated. Consequently, the leading sportswear manufacturer is pivoting its focus towards revitalizing relationships with its wholesale partners.

Russia's newly appointed ambassador to Japan has warned Tokyo of serious consequences and retaliatory steps if Patriot missile systems manufactured under U.S. licence in Japan end up in Ukraine, the RIA news agency reported on Friday. RIA cited the new envoy, Nikolai Nozdrev, as saying that Moscow would be watching closely to see where Japanese arms exports ended up after Tokyo softened its export rules at the end of last year. In particular, he said, Russia would be watching to see if and when any Patriot missile complexes and missiles made in Japan under U.S. licence are exported to the United States and then to Ukraine.

Shares of Digital World Acquisition Corp (DWAC) dropped more than 7% Friday after news broke that a preliminary majority of the company's shareholders have voted in favor of merging with Trump Media And Technology Group.

A House committee has advanced a resolution to repeal a contentious Biden administration rule that sets stricter criteria for businesses classifying workers as independent contractors rather than employees.

Investors, once eager to pump in billions of dollars in promising Indian tech ventures, are now going slow and cutting smaller cheques. They've been burnt by ignominious falls from grace — and valuations — for once-marquee young firms or market debutants of recent years such as digital payments company Paytm.