The loss, to be recorded in the second quarter, comes after the Toronto company announced in late June it may take an up to $5.5 billion impairment charge on its still unopened Pascua Lama gold mine, which straddles the Chilean and Argentinean border.

(Kitco News) – Comex gold futures prices are trading near steady levels Wednesday morning, after poking to a five-week high overnight. Some technically related buying and bargain hunting are being offset by some profit taking by short-term traders and …

In the past, cosmetic surgeries in India were associated with celebrities and people of the affluent class. However, today, these surgeries are increasingly becoming popular and are being undertaken by … The changing lifestyle and urbanization …

Conversations with Manu Kumar Jain, co-founder and Managing Director of Jabong and Ganesh Subramanian, chief merchandising officer at Myntra revealed that almost one in two online purchases in the fashion and lifestyle segments are made by a woman, and …

Higher payouts from standard annuities tend to be given those living in poorer areas of the country, with those in more affluent parts receiving lower offers as they tend to have a higher life expectancy. But retirement income specialists Partnership …

A whopping 70% of those with at least $1 million in investable assets don't consider themselves to be wealthy, according to a survey of 4,500 affluent investors by UBS. Rather, it's only when they hit the $5 million mark that millionaires begin to feel …

If prices of Russian goods reduce, their Belarusian analogues will lose the competitive advantage in price. The Minsk Automobile Plant (MAZ) says the current fluctuations of the exchange rate haven't affected the plant yet. If the devaluation happens …

Etisalat's Africa cluster contributed AED694 million (down 1% year-on-year), mainly due to the competitive environment in the Cote d'Ivoire and currency devaluation in Sudan. Asian operations accounted for sales of AED1.664 billion in 2Q13 (up 335%), …

Ashok Leyland controlled by the billionaire Hinduja brothers sold Rs430 crore of investments last year, he said. “We have created enterprises in the recent past which have blossomed into profit making entities,” said Sridharan in an interview in an …