ECON

Lower mortgage rates boost US home sales in February

Summary Existing home sales jump 14.5% in February Median house price falls 0.2% to $363,000 from year ago Supply increases…

Exclusive: EU drafts plan to allow e-fuel combustion engine cars

Summary Brussels proposes exception for e-fuels cars from 2035 Germany still examining EU draft proposal Berlin sees technology condition as…

Oil rises 2% in retreat from 15-mth low as banking fears subside

Summary Companies U.S. Fed begins two-day meeting on Tuesday Oil prices will move higher towards year end -Gunvor CEO U.S.…

Gold dips 2% as banking fears recede in run-up to Fed decision

Summary Companies Fed statement due at 1800 GMT on Wednesday Market seeing heavy profit taking – analyst SPDR Gold Trust…