In a recent escalation of the ongoing dispute between the Malian government and Canadian mining company Barrick Gold over mining revenues, authorities in Mali have taken the drastic step of shutting down Barrick Gold’s office in the capital city, Bamako.The closure was due to alleged non-payment of taxes by Barrick…

While US President Donald Trump’s renewed tariff campaign has rattled markets and tested corporate nerves, Wall Street banks are reaping the rewards. Major US lenders have reported robust earnings for the first quarter, buoyed by a resurgence in equities trading as investors scrambled to reposition portfolios amid mounting geopolitical tensions…

Canada’s annual inflation rate decreased to 2.3% in March, down significantly from the previous month.A softer-than-expected inflation reading modestly raised the probability of a rate cut at Wednesday’s policy decision, though market consensus continues to lean toward a pause. Lower costs drive the decline in inflationAccording to Statistics Canada data,…

Elliott Investment Management has quietly built a stake worth more than $1.5 billion in HewlettPackard Enterprise Co. (HPE), becoming one of the networking and software company’s top five shareholders, according to a Bloomberg report citing people familiar with the matter.The activist hedge fund, known for its aggressive shareholder campaigns in…

Shares of British business supplies group Bunzl fell sharply on Wednesday after the company cut its 2025 forecast and paused its share buyback programme, citing deteriorating performance in its North American division. The stock dropped 25.7%—its steepest one-day fall in years—reaching its lowest level since mid-2020.The London-listed firm, which supplies…

Google is facing a major legal challenge in the United Kingdom, where a class action lawsuit has been filed seeking over £5 billion in damages over allegations the company exploited its dominance in online search advertising to overcharge businesses.The case, lodged with the UK’s Competition Appeal Tribunal on Wednesday, accuses…

Gold has maintained or even increased its appeal as a safe-haven asset in the last few trading sessions. This has led to chatter in the market that the yellow metal may hit $4,000 per ounce in the coming weeks. “The recent erratic moves in US Treasuries, along with the persistent US dollar…

India has prolonged the bidding process for deep-sea blocks abundant in critical minerals, essential for electric vehicle batteries and various other products, according to a Reuters report. The auction, originally scheduled to conclude earlier, will now remain open until May 1. This extension, as announced by a spokesperson from India’s Ministry of…