Real-time financial, economic, and global news with market-focused context and analysis.
Coverage spans equities, macroeconomic data, commodities, currencies, technology, politics, and global events—paired with analysis that highlights why each development matters for traders and investors. From breaking headlines to hourly market snapshots and in-depth articles, the News Hub is designed to help you stay informed, oriented, and ahead of market-moving events.
South32's recent quarterly report highlighted a significant rebound in manganese production, particularly in Australia and South Africa, contributing to solid second-quarter results. The miner's shares reached levels not seen since April 2023, buoyed by continued confidence in its full-year production guidance and cost controls across multiple asse…
London has secured its position as the leading global financial center, maintaining this status for the sixth straight year according to a comprehensive survey released by the City of London Corporation. Evaluating 102 metrics across key categories including regulatory framework, workforce capabilities, and business infrastructure, London excelled …
Michael Gerard, General Counsel at Cabaletta Bio, Inc., recently invested approximately $15,000 in company stock, signaling confidence amid the clinical-stage biotech's advancement in CAR T cell therapy development. The investment coincides with regulatory clearance for automated manufacturing and encouraging clinical trial results, contributing to…
Fortescue Metals Group Ltd experienced a modest rise in iron ore shipments during the December quarter, increasing by 2% year-over-year to 50.5 million wet metric tonnes amid steady international demand. However, total iron ore production slightly declined by 1%, with hematite output dropping 8% but Iron Bridge project deliveries surging 71%. Produ…
Spain is pressing for the European Union to develop a combined military force as a deterrent amid rising geopolitical tensions, specifically related to U.S. interest in Greenland. Spanish Foreign Minister Jose Manuel Albares emphasized the need to consolidate the EU's defense capabilities and work with a willing coalition of member states, while ma…
The U.S. House of Representatives has voted to overturn a 20-year mining ban in northern Minnesota, a move that supports Antofagasta's Twin Metals project. The decision shifts to the Senate, where key procedural rulings will determine the measure's progress. The ban had been established under the previous administration and covers extensive mineral…
Walmart intends to reduce its holding in Indian digital payments firm PhonePe by approximately 12% through the company's forthcoming initial public offering (IPO). Meanwhile, key investors Tiger Global and Microsoft plan full exits. PhonePe, a leading player in India's Unified Payments Interface (UPI) ecosystem, aims to list on the stock market by …
Shares of Winmark Corporation surged in after-hours trading following the announcement that the company will join the S&P SmallCap 600 index, replacing Guess? Inc. The inclusion highlights Winmark's growing prominence in the resale retail sector and may attract increased investor attention and trading activity.
OpenAI CEO Sam Altman is actively engaging with Middle Eastern sovereign wealth funds to secure significant funding for an upcoming investment round projected to total at least $50 billion. This effort supports OpenAI’s ambition to elevate its valuation between $750 billion and $830 billion. Concurrent negotiations with Amazon.com Inc. for an addit…
The Hong Kong High Court has initiated a pivotal national security trial involving three former leaders of a disbanded organisation that held annual vigils commemorating the 1989 Tiananmen Square crackdown. These vigils, once a hallmark of Hong Kong's unique civic freedoms, are now outlawed following the implementation of a stringent national secur…
Lockheed Martin has received two significant defense contracts from the U.S. Department of War totaling roughly $225 million. These agreements involve maintenance and support for the PAC-3 missile system and lifecycle services for the Aegis Weapon Systems across multiple naval platforms. The initiatives highlight sustained defense investment in mis…
Venture Global announced a successful arbitration outcome in its dispute with Spain's Repsol regarding initial delivery failures of liquefied natural gas (LNG) from its Calcasieu Pass facility under a longstanding contract. This marks the second arbitration victory for Venture Global in three related disputes, reinforcing its position amid legal ch…
Microsoft Corporation has secured a $170.4 million contract from the U.S. Department of War to supply Azure cloud computing services for the Air Force's Cloud One Program. The project involves delivering cloud infrastructure solutions to assist the Air Force and its customers, with work centralized at Microsoft's locations across the contiguous Uni…
Raytheon Company has secured a $380.8 million contract modification to advance the certification and upgrade of Tomahawk missiles, extending the company's involvement in missile depot maintenance and modernization. The agreement, which adds substantial work for missile Lot Five and Lot Six, pushes the total contract value to $476.5 million, with op…
WhiteFiber, Inc., a NASDAQ-listed company specializing in AI infrastructure, revealed plans for a $200 million convertible senior notes offering due in 2031, coupled with an option for additional notes. The announcement triggered a 7% decline in after-hours trading. Proceeds will partially fund data center growth and a zero-strike call option trans…
Japanese government bonds have experienced a sharp increase in yields reaching record highs, driven largely by foreign selling and political announcements. Despite an expected short-term lull in yield growth during the first quarter, analysts warn of further increases later in the year due to unresolved macroeconomic policy challenges and cautious …
Strive, Inc. reported a planned $150 million follow-on offering of its Variable Rate Series A Perpetual Preferred Stock, resulting in a 2.7% drop in its stock price during after-hours trading. The proceeds are intended to fund the redemption of convertible notes, repay borrowings, and support bitcoin asset acquisition and corporate activities.
Honeywell has reached a settlement with Flexjet to end their ongoing litigation, simultaneously extending their aircraft engine maintenance contract through 2035. This resolution addresses claims related to delayed engine repairs and includes a substantial financial charge for Honeywell in the fourth quarter.
A Republican-controlled House committee has voted to recommend that former President Bill Clinton and former Secretary of State Hillary Clinton be held in contempt of Congress for declining to testify in the investigation related to their associations with Jeffrey Epstein. The committee's decision paves the way for potential criminal prosecution as…
The U.S. Department of Energy plans to invite U.S. states to express interest in agreements for hosting underground nuclear waste repositories. These agreements, expected to include incentives for constructing nuclear reactors, mark a significant policy departure from prior centralized storage plans. The initiative aligns with the administration's …
Kinder Morgan, a leading U.S. pipeline operator, reported better-than-expected profits for the fourth quarter, driven by higher natural gas transportation volumes and expansion projects. The company remains optimistic about long-term U.S. natural gas demand, boosted by rising electricity consumption in sectors such as data centers. Kinder Morgan’s …
Copper prices experienced an uptick following a prior session's sharp drop, driven by constrained inventories outside the U.S. However, questions remain about the durability of demand amid geopolitical risks and shifting Chinese consumption patterns. Other base metals showed mixed movements, with tin and nickel advancing significantly.
U.S. President Donald Trump conveyed his hope to avoid additional military interventions in Iran during an interview in Davos, Switzerland. However, he maintained a firm stance that the United States would respond decisively if Iran progressed with its nuclear program, referencing prior air strikes carried out against Iranian nuclear infrastructure…
During a press interaction after meeting with NATO Secretary General Mark Rutte, U.S. President Donald Trump asserted that the framework agreement concerning Greenland satisfies all American demands and that the involved parties are content with the arrangement. The comments were made in Davos, Switzerland, reflecting the administration's perspecti…
FAA Administrator Bryan Bedford emphasized the Federal Aviation Administration's supportive role in certifying Boeing’s 737 MAX 7 and MAX 10 aircraft, clarifying that while the FAA aids the process, Boeing must complete critical development work independently. Despite delays linked to technical issues, Boeing aims for certification within the year,…
