Gold jumps 1% to a 2026 record high on safe-haven rush, weak US jobs data
Spot gold rose over 1% to hit its first record high of 2026 on Monday, at $4,563.61/oz propelled by safe-haven demand amid geopolitical risks and a poor jobs print on…
Bessent Urges G7 to Cut Dependence on China for Critical Minerals
Washington: U.S. Treasury Secretary Scott Bessent will urge Group of Seven nations and others to step up their efforts to reduce reliance on critical minerals from China when he hosts…
Allegiant to Acquire Sun Country in $1.5 Billion Deal
Low-cost airline Allegiant will acquire Sun Country Airlines in a deal valued at about $1.5 billion, including debt, the companies said on Sunday. As part of the agreement, Sun Country…
Trump may block Exxon from Venezuela after its CEO calls country “uninvestable”
U.S. President Donald Trump said on Sunday that he might block Exxon Mobil from investing in Venezuela after the oil major's CEO called the country "uninvestable" during a White House…
Musk Says X to Open-Source Its Recommendation Algorithm in Seven Days
Elon Musk said on Saturday that social media platform X will open to the public its new algorithm, including all code for organic and advertising post recommendations, in seven days.…
Meta signs nuclear power deals, including Sam Altman backed firm, to fuel AI push
Meta on Friday announced agreements with three nuclear power providers, including one backed by OpenAI CEO Sam Altman, as part of its efforts to secure necessary resources for its AI…
Sentia Spirits: The Startup Rewriting What It Means to Drink
On a quiet evening in London, a different kind of drinks experiment began taking shape. Not another alcohol brand. Not a wellness fad. But a serious attempt to answer a…
Trump calls for one-year cap on credit card interest rates at 10%
Washington: U.S. President Donald Trump said on Friday he was calling for a one-year cap on credit card interest rates at 10% starting on January 20, but he did not…
Elon Musk’s X sues major music publishers over alleged licensing cartel
Washington: Elon Musk's X Corp sued 18 major music publishers and a leading U.S. music industry trade association on Friday, alleging they conspired to block competition and force the social…
US Supreme Court to hear Cisco appeal on overseas human rights liability
Washington: The U.S. Supreme Court has agreed to hear Cisco Systems’ appeal seeking to limit the scope of a centuries-old law used to hold companies liable for human rights abuses…