September 7, 2026

August 26, 2024

Gold Extends Gains on Fed Rate Cut Hopes

Gold prices edged higher on Monday, extending gains from the last session as Federal Reserve Chair’s remarks solidified expectations of an interest rate cut next month.

Spot gold rose 0.2% to $2,516.09 per ounce.

US gold futures gained 0.2% to $2,55…

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Mubadala co-invests in UCB’s mature business in China

ABU DHABI: Mubadala Investment Company announced today that in partnership with CBC Group, Asia’s largest healthcare-dedicated asset management group, it has acquired 100% ownership in the carve-out of UCB Pharma’s mature business in China.

UCB, a gl…

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