Shares of Danish shipping group A.P. Moller-Maersk fell 6% on Thursday after the company delivered a modest third-quarter earnings beat but failed to lift its full-year guidance enough to meet market expectations. The stock was on track for its worst single-day performance since March, reflecting investor disappointment over the group’s…
IREN stock price continued its strong rally, reaching a record high as traders waited for its earnings, and the artificial intelligence industry tailwinds gained steam. It jumped to a high of $76, bringing its market capitalization to over $20 billion. It has jumped by over 1,400% from its lowest level…
India’s sugar industry is urging the government to double the sugar export allocation to 2 million metric tons for the new season, citing lower-than-anticipated diversion of sugar for ethanol production that is expected to swell domestic surpluses, industry officials announced on Thursday.The prospect of significantly higher sugar exports from the…
Spanish carrier Air Europa has repaid in advance a €475 million ($505 million) loan granted by Spain’s Strategic Companies Solvency Support Fund (FASEE), which is managed by state-owned holding company Sociedad Estatal de Participaciones Industriales (SEPI). SEPI also said that the airline paid the corresponding interest on the EUR 1 billion loan.According…
In its largest carbon removal commitment to date, Google has partnered with Brazilian startup Mombak to finance the restoration of the Amazon rainforest, securing high-quality carbon credits to offset the substantial emissions generated by its energy-intensive data centers.The deal, according to the companies, is expected to offset 200,000 metric tons…
Dow futures were trading in the red on Thursday, suggesting a slightly cautious start for Wall Street.Investors seem to be taking a breather, especially with some of the big AI-related stocks looking a bit pricey lately.Everyone’s also waiting for new economic data that could offer clues about the labor market…
The World Economic Forum’s president, Børge Brende, has raised the alarm on three potentially dangerous financial bubbles that could reshape global markets in the coming months.Speaking in Brazil’s financial hub São Paulo this week, Brende warned that crypto assets, artificial intelligence investments, and mounting government debt levels each pose significant…
Wednesday was a busy day across politics, global trade, tech, and crypto.Democrats scored several noteworthy election wins that are giving the party fresh momentum heading into 2026.Meanwhile, the Supreme Court is weighing how far presidential power goes when it comes to tariffs, a debate with big implications for trade policy.China…
Europe’s political and economic landscape is shifting amid global uncertainty. The UK and US are working to align stablecoin regulations as digital finance evolves.In politics, Zohran Mamdani’s mayoral win in New York is energizing Europe’s left at a time of rising right-wing momentum.Meanwhile, geopolitical tensions grow as Russia signals readiness…
Gold’s downside potential is expected to be limited and prices are likely to average $4,000 in the last quarter of 2025, ING Group said. The bank further believes that gold prices are expected to average $4,100 per ounce in the first quarter of 2026.“We remain positive on our gold outlook, despite…