Saudi Arabia has shut down half of its oil production after drones attacked the world's largest oil processing facility in the kingdom.Marketsread more
Yemen's Houthi rebels have claimed responsibility for the attacks, which created a huge fire at a processor essential to global energy supplies.Politicsread more
Oil prices are expected to jump as much as $10 per barrel after a coordinated drone strike hit Saudi Arabia's largest oil field, forcing the kingdom to cut its oil output in...Marketsread more
Trusii's hydrogen water machines were supposed to help users with their health problems, but customers claim the company is involved in a giant scam.Technologyread more
The decoupling of the world's two weightiest economies seems as inescapable as its extent and global impact remains incalculable.Politicsread more
The trucking industry is worth hundreds of billions of dollars per year. Uber is going after this market with Uber Freight, an online platform that matches truckers with...Technologyread more
BlackBerry has reinvented itself to become a leader in securing mobile communications and in embedded communications. Next year it plans to roll out new products. CEO John...Evolveread more
Trailers have become a cult phenomenon. Even short teasers that reveal little about the plot of the upcoming film are headline-worthy. Blogs and forums have become devoted...Entertainmentread more
Thanks to the performance of Beyond Meat, investors who focus on venture-backed tech IPOs have done well this year despite some notable disappointments.Technologyread more
Software company Intuit, maker of tax helper TurboTax, is in its eleventh year of stock gains and up 36% this year.Investingread more
CNBC did a deep dive through the most recent Wall Street research to find stocks with upside potential.Marketsread more
* Spot gold still targets $1,453/oz -technicals
* Dollar steady as traders await Thursday ECB meeting (Adds comments, details, updates prices)
Sept 11 (Reuters) - Gold prices edged higher on Wednesday, snapping a four-day losing streak on technical buying, while investors awaited European Central Bank's meeting where it is widely expected to cut interest rates.
Spot gold was up 0.3% at $1,490.09 per ounce, as of 0414 GMT. In the previous session, prices fell to their lowest since Aug. 13 at $1,483.90.
U.S. gold futures were little changed at $1,498.8 an ounce.
"The ECB is expected to reduce further the interest rate into negative territory... The meeting could serve as a potential catalyst (for gold) and investors are already buying into the rate cut expectations," said Margaret Yang Yan, a market analyst at CMC Markets.
Given that gold has had such a deep correction from its recent peak, investors are buying on dips, Yan added.
Bullion prices have shed more than 4%, or over $60, in less than a week, mainly hurt by a broad uptick in risk appetite.
ECB policymakers are leaning toward a package that includes a rate cut, a pledge to keep rates low for longer and compensation for banks over the side-effects of negative rates, five sources familiar with the discussion said last week.
The U.S. Federal Reserve is also widely expected deliver an interest rate cut next week.
"The big picture is global central banks are willing to lower interest rates and even carry out more quantitative easing to spur growth... In the mid to long term view, lower interest rate environment is bullish for gold price," Yan said.
Gold prices are up about 18%, or over $200, since hitting year's low of $1,265.85 in May, supported by monetary easing by major central banks, the prolonged U.S.-China trade spat and fears of a global economic slowdown.
On the trade front, a senior White House adviser tamped down expectations on Tuesday for the next rounds of U.S.-China trade talks, urging investors, businesses and the public to be patient about resolving the trade dispute.
Spot gold still targets $1,453, as it has cleared a support at $1,497 per ounce, according to Reuters technical analyst Wang Tao.
Meanwhile, the dollar index was steady, while Asian stock markets held firm and bond yields rose on Wednesday.
Among other precious metals, silver rose 0.5% to $18.10 per ounce.
Palladium was flat at $1,561.14 per ounce, while platinum gained 0.6% to $936.05. (Reporting by Eileen Soreng in Bengaluru, Editing by Sherry Jacob-Phillips and Rashmi Aich)