European stock markets opened flat on Wednesday as investors balanced strong earnings from the continent’s banking heavyweights against the major uncertainty of a looming interest rate decision from the US Federal Reserve.The pan-European Stoxx 600 index was flat shortly after the opening bell, reflecting a mixed picture across the region.…
Shortly before a summit between leaders Donald Trump and Xi Jinping, China’s state-owned COFCO purchased three US soybean cargoes. These were the first purchases by China from this year’s US harvest, according to a Reuters report.US farmers, who largely supported Trump’s presidential campaigns, have lost billions in sales due to the…
The world’s largest multilateral climate fund has announced its biggest financial commitment yet, backing a $6 billion water desalination and conveyance project in Jordan aimed at addressing the country’s worsening water scarcity, Reuters reported. The Green Climate Fund (GCF) approved a $295 million package—comprising both loans and grants—at its board…
Intuition, the native chain for Information Finance (InfoFi), has officially launched its mainnet, an essential step in building a decentralized trust layer for the internet and artificial intelligence (AI). The milestone comes following the completion of an $8.5 million total funding round backed by leading investors, including Superscrypt, Shima, F-Prime…
When US President Donald Trump sits down with China’s Xi Jinping on Thursday in South Korea, one of the most scrutinized topics on the agenda will not be tariffs, rare earths, or fentanyl precursors alone; it will be Nvidia’s Blackwell AI chip.What was unveiled months ago as a corporate product…
Dow futures are trading in green on Wednesday, buoyed by optimism surrounding ongoing AI advancements and strong corporate earnings, especially in the tech sector.Investors await the Federal Reserve’s highly anticipated policy decision, with a widely expected 25-basis-point rate cut.The market will also be watching closely at Fed Chair Jerome Powell’s…
Microsoft is set to announce its fiscal first-quarter earnings later today, with Wall Street expecting another solid performance fuelled by artificial intelligence investments and robust demand for its Azure cloud platform.Analysts forecast revenue of $75.4 billion and adjusted earnings per share of $3.67, according to FactSet.That would mark a 15%…
Apollo Silver Corp. (‘ Apollo Silver ‘ or the ‘ Company ‘) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is pleased to announce the Company has closed the final tranche of its previously announced upsized non-brokered private placement (the ‘Upsized Offering’), raising gross proceeds of $1,641,503 through the issuance of 455,973 units (the ‘Units’)…
Patrick Tuohy, global head of sales and marketing Goldstrom, shares his outlook for gold, saying its position as a store of value has been reestablished. In his view, the yellow metal has found a new price floor at US$3,000 per ounce. Securities Disclosure: I, Charlotte McLeod, hold no direct investment…
Copper prices edged closer to record highs this week, driven by renewed optimism over an impending trade accord between the US and China and concerns about tightening global supply as major producers face output disruptions. On the London Metal Exchange (LME), copper traded around US$11,029 a ton on Tuesday (October…