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    Thursday, April 16, 2026

    Gold eases after monthly peak as dollar steadies

    Business

    NEW YORK: Gold slipped on Wednesday after touching its highest level in a month, as a firmer dollar and improving risk appetite trimmed demand for the safe-haven metal. Spot gold was down 0.3% at $4,826.13 an ounce after earlier reaching its highest since March 18, while U.S.…

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    Meta launches Muse Spark from superintelligence lab

    MENLO PARK: Meta Platforms on Wednesday unveiled Muse Spark, the first artificial intelligence model released by its Meta Superintelligence Labs team, marking the company’s first major public model launch in about a year. Meta…

    US shuts shared Montana border road to Canadian drivers

    MONTANA: The United States is set to close a historic cross-border road to Canadian traffic later this summer, ending a decades-old local arrangement along the frontier near Coutts, Alberta, and Sweet Grass, Montana. The road,…

    Business

    Revolution drug extends survival in pancreatic cancer

    CALIFORNIA: Revolution Medicines said on April 13 that its experimental pancreatic cancer drug daraxonrasib significantly extended survival in a pivotal late-stage trial, marking one of the strongest reported results to date for a targeted medicine in previously treated metastatic…

    Oil rebounds above $100 after U.S. blocks Iranian ports

    WASHINGTON: U.S. crude oil jumped 8.7% to $104.95 a barrel and Brent crude rose 7.4% to $102.23 in Asian trading on Monday, sending both benchmarks back above $100 after the United States said it would begin a blockade of Iranian…

    Gold slips as dollar strength dents bullion

    NEW YORK: Gold prices fell on Monday as a stronger U.S. dollar weighed on bullion and reduced demand from buyers using other currencies, while higher oil prices and fading expectations for near-term Federal Reserve rate cuts added pressure…

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