By Anousha Sakoui, Clara Denina, Melanie Burton and Amy-Jo Crowley LONDON, Jan 9 (Reuters) – Rio Tinto’s talks to buy Glencore and create a new global industry leader could spur consolidation efforts across the copper-hungry mining sector and heap pressure on BHP, currently the world’s biggest miner, to respond. If the bid succeeds, and depending…
A look at the day ahead in European and global markets from Ankur Banerjee Investors are holding their nerve heading into a U.S. jobs report that will likely show a labour market that is sluggish but not crumbling while markets brace for a Supreme Court ruling on the legality of President Donald Trump’s global tariff. …
By Nandita Bose WASHINGTON, Jan 9 (Reuters) – President Donald Trump’s focus on the brazen U.S. capture of Venezuelan leader Nicolas Maduro is frustrating some White House aides and Republican lawmakers, who want him to address economic and healthcare concerns in an election year, according to three people familiar with the matter. With voters disgruntled…
By Timothy Gardner WASHINGTON, Jan 9 (Reuters) – Meta Platforms said on Friday it struck 20-year agreements to buy power from three Vistra nuclear plants in the U.S. heartland and develop projects with two companies hoping to build small modular reactors. Shares of Oklo surged nearly 20%, whereas Vistra rose about 8% in premarket trade….
WASHINGTON, Jan 9 (Reuters) – U.S. single-family homebuilding rebounded in October, but permits for future construction eased, signaling caution among builders as new housing inventory remains high and demand soft. Single-family housing starts, which account for the bulk of homebuilding, increased 5.4% to a seasonally adjusted annual rate of 874,000 units in October, the Commerce…
By Raphael Satter WASHINGTON, Dec 30 (Reuters) – Two U.S. cybersecurity professionals have pleaded guilty after they were accused of working with a notorious ransomware gang to shake down American targets, the Justice Department said in a statement on Tuesday. Justice Department officials said that Ryan Goldberg, 40, of Georgia, and Kevin Martin, 36, of…
Dec 30 (Reuters) – The U.S. Treasury said on Tuesday it has added 10 individuals and entities based in Iran and Venezuela to its sanctions list, citing their aggressive weapons program. The U.S. Treasury has designated Venezuela-based Empresa Aeronautica Nacional SA and its chair, Jose Jesus Urdaneta Gonzalez, who it said have contributed to Iran’s…
Dec 30 (Reuters) – Elon Musk said on Tuesday his artificial intelligence startup xAI has bought a third building to expand its infrastructure, aiming to boost training capacity to nearly 2 gigawatts of compute power. The latest expansion underscores xAI’s ambitious push to compete more effectively with industry leaders OpenAI’s ChatGPT and Anthropic’s Claude by…
By Ashitha Shivaprasad and Pablo Sinha Dec 30 (Reuters) – Platinum prices are on track for their strongest monthly rally in nearly four decades in December, fuelled by the EU’s U-turn on its 2035 combustion-engine ban, a tight supply backdrop and rising investment demand for precious metals. Platinum and palladium, both used in autocatalysts that…
By Joe Cash, Yimou Lee and Wen-Yee Lee BEIJING/TAIPEI, Dec 29 (Reuters) – China launched its most extensive war games around Taiwan on Monday to showcase Beijing’s ability to cut off the island from outside support in a conflict, testing Taipei’s resolve to defend itself and its arsenal of U.S.-made weapons. The Eastern Theatre Command…
