Latin America’s trade expected to grow in 2025 despite US tariffs, ECLAC says
Despite the US imposing tariffs on numerous countries in the area, the United Nations Economic Commission for Latin America and…
Commodity wrap: oil slips on oversupply worries as gold and base metals surge
Oil prices fell sharply on Wednesday due to oversupply concerns and rising inventories in the US. Meanwhile, gold and silver…
Why overconfident AI models are prioritising assertiveness over accuracy
Concerns are mounting over the reliability of artificial intelligence models, as new research reveals that some popular systems produce incorrect…
Kremlin increases domestic gold engagement for national fund
Russia’s central bank announced Wednesday that its engagement with the domestic gold market—both buying and selling for the National Wealth…
Europe bulletin: Tax freeze debate, EU plans to delay AI act, UK inflation dip
Europe’s political and economic landscape is shifting on several fronts this week. In the UK, the government faces tough questions…
How billionaire Caltagirone could influence Italy’s banking M&A wave
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector…
Evening digest: Alphabet soars, SEBI clashes with Jane Street, Nvidia slips
Alphabet stole the spotlight with a big Berkshire-backed rally, while SEBI’s clash with Jane Street kept regulatory tensions high in…
US midday market shock: Dow down 400 points, tech leads broad sell-off
Wall Street took a sharp punch to the gut on Monday as major indices tumbled in midday trading, with the…
Morning brief: UN adopts US plan for Gaza and Bitcoin slide below $90k
Tuesday saw major developments across the world with major geopolitical decisions, sharp moves in digital assets, regulatory milestones in technology,…
Rio Tinto’s Yarwun alumina refinery to slash production, prolonging plant life until 2035
Anglo-Australian mining giant Rio Tinto announced Tuesday that it will slash production at its Yarwun alumina refinery in Queensland by…