On Tuesday, the US saw significant developments, as Tesla introduced lower-cost versions of its Model 3 sedan and Model Y SUV to counter slowing sales, while Canada and the United States held a high-profile yet inconclusive trade meeting in Washington. In the United States, Attorney General Pam Bondi faced questions…
A fresh FBI probe into cyberattacks on prominent US law firms, an expanded funding drive for Elon Musk’s xAI, and UK Prime Minister Keir Starmer’s firm stance on visa restrictions dominated headlines overnight. Meanwhile, Washington’s government shutdown stretched into its seventh day, with lawmakers still deadlocked over health care subsidies.FBI…
UK Prime Minister Keir Starmer arrived in Mumbai early on Wednesday for a two-day visit, leading a 125-member delegation of CEOs, investors, and representatives from British institutions, universities, and industry groups. The trip, described by No.10 Downing Street as a “two-day trade mission to Mumbai,” marks Starmer’s first visit to…
Gold futures on COMEX hit a historic $4,000 per ounce late on Tuesday as record monthly ETF inflows continued to boost prices. The World Gold Council expects the gold price to hold on to its gain and there could be more upside in the coming weeks. “Our Gold Return Attribution Model (GRAM)…
New Zealand’s central bank cut its Official Cash Rate (OCR) by 50 basis points to 2.5%, moving faster than most forecasters had expected.The Reserve Bank of New Zealand (RBNZ) said the larger-than-usual cut was needed to prevent prolonged economic weakness, signalling that further easing could follow before year-end.The decision, announced…
Last week, bids for Russian 12.5% protein wheat at deep-sea ports fell to 16,500–16,800 rubles per metric ton, down from 16,800–17,000 rub/mt the previous week, according to SovEcon’s price monitoring.This drop in prices was the first decline since late August, and SovEcon attributed it to a stronger ruble and weak…
United Kingdom Prime Minister Keir Starmer’s visit to Yash Raj Films (YRF) studio in Mumbai on Wednesday was more than a ceremonial stop on his first official trip to India. It symbolised a renewed cultural and economic strategy — one that sees the creative industries as powerful diplomatic tools capable…
Platinum has witnessed a significant surge, climbing over $200 since mid-September to just over $1,600 per troy ounce. This remarkable 80% price increase makes it the sharpest riser not only among precious metals but across the entire commodities sector, potentially surpassing its 2009 record of a 56% annual increase.Source: Commerzbank ResearchHistorical…
UK Prime Minister Keir Starmer kicked off a two-day visit to India on Wednesday, bringing along a huge delegation of over 100 business, academic, and cultural leaders. The timing couldn’t be more significant, coming on the heels of the UK-India Comprehensive Economic and Trade Agreement (CETA), which was finalized in…
Oracle Corp (NYSE: ORCL) closed notably lower on Tuesday after a report from tech publication – The Information – raised concerns about the company’s cloud margins.The aforementioned report suggested Oracle’s artificial intelligence (AI) infrastructure buildout – powered by Nvidia chips and new data centres – may be more capital-intensive than…









