Gold Holds Steady as Investors Await U.S. Employment Data Gold prices were largely flat on Friday, with investors exercising caution ahead of the U.S. nonfarm payrolls report for December 2025, due at 13:30 GMT. Spot gold was steady at $4,473.79 per ounce, while U.S. February gold futures rose 0.5% to $4,483 per ounce. Despite muted

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FAO Reports Decline in World Food Prices in December Global food prices fell for a fourth consecutive month in December 2025, primarily due to drops in dairy, meat, and vegetable oil prices, the United Nations’ Food and Agriculture Organization (FAO) reported on Friday. The FAO Food Price Index, which tracks the international prices of a

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Glencore Shares Surge Amid Potential Rio Tinto Merger London stocks rebounded on Friday, following two consecutive sessions of losses, as Glencore shares (GLEN.L) jumped 10% after news of early merger talks with Rio Tinto (RIO.L). Glencore hit its highest level since July 2024, while Rio Tinto fell 2.2% amid the announcement. Analysts note that a

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U.S. Stocks Start 2026 Strong, Faces Near-Term Tests U.S. stocks have opened 2026 on a strong note, with the S&P 500 rising 1% in January following a third consecutive year of double-digit gains in 2025. Despite a turbulent geopolitical landscape, including heightened tensions in Venezuela and discussions about Greenland by the Trump administration, equities have

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US Stock Futures Muted Ahead of Market-Moving Events U.S. stock index futures traded cautiously on Friday, with investors refraining from significant bets ahead of two major market catalysts: the December nonfarm payrolls report and a Supreme Court ruling on President Donald Trump’s tariffs. At 5:36 a.m. ET, Dow E-minis were up 9 points, or 0.02%,

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OpenAI, the pioneering artificial intelligence (AI) research and deployment company, has reportedly set aside a massive $50 billion employee stock grant pool, representing roughly 10% of the company, according to a report by The Information on Wednesday. The move underscores OpenAI’s commitment to incentivizing its employees while navigating a rapidly growing valuation. The report cites

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January 8, 2026 – The global demand for copper is expected to surge by 50% by 2040, fueled by the growth of artificial intelligence (AI), defense, and robotics industries, according to a new report from S&P Global (SPGI). However, the consultancy warns that global copper supplies may fall short by over 10 million metric tons

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Beijing, January 8, 2026 – China’s Ministry of Commerce announced that it will assess and investigate Meta Platforms Inc.’s acquisition of artificial intelligence (AI) startup Manus, highlighting increasing regulatory scrutiny over foreign technology investments in the country. Background of the Acquisition Meta, the parent company of Facebook and Instagram, recently acquired Manus, a startup specializing

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In a high-profile legal dispute, India’s Competition Commission (CCI) has defended a 2024 law allowing fines on the basis of a company’s global turnover, pushing back against Apple Inc.’s challenge in New Delhi. The case has far-reaching implications for multinational corporations operating in India, including global giants like Amazon, Publicis, and Pernod Ricard. What the

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In a significant development in India’s financial regulatory landscape, Bank of America (BofA) has been accused by the Securities and Exchange Board of India (SEBI) of violating insider trading regulations and breaching internal “Chinese walls” during a 2024 share sale of Aditya Birla Sun Life Asset Management (ABSL AMC). The allegations stem from SEBI’s investigation

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