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Gold opens new year with fanfare

Bloomberg Gold’s year-end rally is pushing into 2019, with bullion advancing for a fifth straight day as equities posted fresh losses after the worst year since the financial crisis. The metal hit a six-month high nearing $1,300 an ounce, even as some daily technical indicators highlighted the potential for a reversal after recent gains. The advance came as fresh figures ...

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Jet Airways misses payment to lenders, rating cut to default

Bloomberg Jet Airways India Ltd. has missed a payment to Indian lenders in the latest sign of mounting strains at the country’s second largest airline by passengers, after losses worsened a cash crunch. The setback underscores a lack of progress lining up sufficient funds for debt payments after the beleaguered carrier approached banks for a moratorium on loans and asked ...

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Amazon to expand Whole Foods stores

Bloomberg Amazon.com Inc shares gained after a report said the company plans to expand its Whole Foods grocery stores in the US. The e-commerce giant aims to add locations to suburbs and other areas where the organic grocer is adding more customers since it was bought by Amazon last year, according to the Wall Street Journal, which cited a person ...

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