Gold prices climbed on Tuesday, reaching $4,467.80 per troy ounce, up 0.36 percent from the previous day, driven by investor bets on further U.S. Federal Reserve interest rate cuts. This momentum extended gold’s remarkable 68 percent year-over-year gain, building on a record high of $4,794.85 hit in December 2025. Market observers noted bolstered safe-haven demand […]
Kelleher and Bessent held talks in recent months about what a move to the US would look like for the lender, with the Trump administration receptive to welcoming one of Switzerland’s most prized assets, according to three people familiar with the conversation. The talks with Bessent are part of an ongoing effort by Kelleher to […]
President Trump said on Tuesday that Washington’s $20 billion bailout for Argentina comes with strings attached — namely, that the ruling party of his ally, President Javier Milei of Argentina, must prevail in the country’s legislative elections this month. “If he loses, we are not going to be generous with Argentina,” Mr. Trump told reporters […]
The United States (US) and China have resumed high-level discussions aimed at addressing ongoing trade tensions between the world’s two largest economies. In a statement on October 18, U.S. Treasury Secretary Scott Bessent confirmed that he held “frank and detailed discussions” with Chinese Vice Premier He Lifeng on Friday evening, focusing on key trade issues. […]
India says it is looking to step up purchases of crude oil and natural gas from the U.S. as it diversifies its energy supplies and confronts criticism by U.S. President Donald Trump over its imports of discounted Russian oil. Trump said Wednesday that Indian Prime Minister Narendra Modi had personally assured him his country would stop […]
Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, has recently announced an ambitious five-year strategy to expand oil and gas exploration and production across the country. The announcement came during his participation in the opening of the World Energies Summit in London, where he was a keynote speaker. The plan includes drilling around 480 […]
China’s Commerce Ministry on Sunday slammed the Donald Trump-led US government’s plan to impose another 100% tariff on Chinese imports (up and above the existing levies), calling it a “classic case of ‘double standards’.” Amid rising trade tension between the two trade giants, Beijing restated its consistent stance and said it does not “want to fight, but are […]
On Sunday, a key congressional committee in the United States approved President Donald Trump’s new tax cut bill, which could pass in the House of Representatives later this week. The bill extends Trump’s 2017 tax cuts and may add up to $5 trillion to the national debt, deepening worries after a recent US credit ratings […]
Mahindra Group chairman Anand Mahindra recently took to social media to acknowledge India’s achievement of becoming world’s 4th largest economy in the world. Recently, India surpassed Japan to become the world’s fourth-largest economy, a significant milestone that has drawn widespread celebration and reflection from business leaders across the nation. Mahindra posted on X (formerly known as Twitter) […]
The action is part of Guinea’s sweeping sector-wide reform aimed at curbing regulatory violations, boosting revenue collection, and ensuring that mining activities contribute more directly to national development goals. The government sources say the number of affected permits could be as high as 53, in what analysts interpret as a signal to larger operators that […]