Category: setback

  • Solana (SOL) Falls Under $200: Temporary Setback or Trend Shift?

    Solana failed to cross the $225 resistance level and pared gains. SOL price is now below $200 and is showing some bearish signs. SOL price started a new decline after failing to stay above $220 against the US dollar. The price is now trading below the $200 level and the…

  • Thai Government Suffers Setback in Bid to Sway Central Bank

    Breadcrumb links BMN Business The Thai government’s campaign to pressure the Bank of Thailand to cut interest rates has suffered a major setback, with the State Council Office effectively ruling that the official nominee for bank president, former Finance Minister Kitirat Na Ranong, is unsuitable. Article writer: Bloomberg News Pathum…

  • Billionaire Adani’s Mumbai slum revamp struggles to secure land in potential setback By Reuters

    Written by Dhwani Pandya MUMBAI (Reuters) – A joint venture led by billionaire Gautam Adani is struggling to secure land to rehabilitate poor residents of one of Asia’s biggest slums in Mumbai, a government official said, posing a fresh challenge to an ambitious reconstruction plan. The Dharavi slum, about three-quarters…

  • Billionaire Adani’s Mumbai slum revamp struggles to secure land in potential setback By Reuters

    Written by Dhwani Pandya MUMBAI (Reuters) – A joint venture led by billionaire Gautam Adani is struggling to secure land to rehabilitate poor residents of one of Asia’s biggest slums in Mumbai, a government official said, posing a fresh challenge to an ambitious reconstruction plan. The Dharavi slum, about three-quarters…

  • Gold bulls dealt a minor setback in trading yesterday

    With the dollar rebounding slightly, gold is down 1% and more importantly back below the $2,500 level. The price is still above the previous triple top pattern at around $2,480, but buyers are hoping for a more convincing push above the figure to reinforce the breakout case. Gold (XAU/USD) Hourly…

  • Gold bulls dealt a minor setback in trading yesterday

    With the dollar rebounding slightly, gold is down 1% and more importantly back below the $2,500 level. The price is still above the previous triple top pattern at around $2,480, but buyers are hoping for a more convincing push above the figure to reinforce the breakout case. Gold (XAU/USD) Hourly…

  • Scotiabank sees ‘deep value’ in Sage Therapeutics stock despite study setback By Investing.com

    On Wednesday, Scotiabank revised its outlook on Sage Therapeutics (NASDAQ:SAGE), lowering its price target to $17 from $19 previously while maintaining a sector outperform rating on the stock. The decision comes after the company’s recent stock price decline due to the unsuccessful outcome of the KINETIC-2 study, which tested SAGE-324…

  • Growing armada shipping sanctioned oil burns dirty fuel in a setback for clean-up efforts By Reuters

    Written by Jonathan Saul LONDON (Reuters) – The growing shadow fleet of tankers transporting sanctioned Iranian, Venezuelan and Russian oil is filling up with the cheapest fuel available, hampering industry efforts to use cleaner fuels to cut shipping emissions, according to shipping data and sources. The global shipping industry is…

  • Another Setback or a Buying Opportunity?

    XRP price once again struggled to continue rising above the $0.5450 resistance level. It is now moving lower and may test the support area at $0.512. XRP is showing some bearish signs from the $0.5420 area. The price is now trading below the $0.5350 level and the 100 hourly simple…