Gold steady as dollar hovers near ten-month lows
BENGALURU Gold held firm on Thursday as the U.S. dollar hovered near 10-month lows on bets that central banks in Europe and Britain are preparing to scale back monetary stimulus.
NEW YORK U.S. stocks rose on Tuesday, rebounding from the previous session's steep drop over Italian election results as investors bought beaten-down shares.
The Dow Jones industrial average was up 60.43 points, or 0.44 percent, at 13,844.60. The Standard & Poor's 500 Index was up 6.19 points, or 0.42 percent, at 1,494.04. The Nasdaq Composite Index was up 10.99 points, or 0.35 percent, at 3,127.24.
(Reporting By Angela Moon; Editing by Kenneth Barry)
NEW DELHI India approved plans on Wednesday to privatise debt-laden Air India, the first step of a process that could see the government offload an airline struggling to turn a profit in the face of growing competition from low-cost rivals.