Gold prices staged a sharp recovery, climbing back above the $5,000 per ounce threshold following a U.S. military action against an Iranian drone, underscoring the metal's volatile ride amid persistent geopolitical friction.
Washington and Tehran are set for direct negotiations in Muscat this Friday, with Iran insisting the agenda remain strictly on its nuclear program. The meeting comes as recent military incidents in the Strait of Hormuz and a U.S. force buildup heighten fears of a broader confrontation.
A U.S.-backed plan to rebuild Gaza faces a critical funding shortfall, with potential donors withholding commitments over concerns that stalled talks on Hamas disarmament could reignite conflict, Reuters has learned.
Russian and Ukrainian delegations, with key U.S. figures in attendance, are gathering in Abu Dhabi for a new round of negotiations. The talks proceed as Ukraine reels from a massive overnight Russian air assault on its energy infrastructure, casting doubt on Moscow's commitment to prior diplomatic assurances.
Italy's interior minister has moved to defuse a political storm, assuring parliament that U.S. ICE personnel at the Winter Games will operate solely from diplomatic missions and have no law enforcement role on Italian soil.
Amprius Technologies solidifies its U.S. supply chain through a strategic partnership with Nanotech Energy, positioning its high-performance silicon batteries to meet stringent defense procurement requirements and capture key aerospace contracts.
Buoyed by strong demand in both the U.S. and U.K. markets, Watches of Switzerland Group has upgraded its revenue forecast for FY26. The luxury retailer cites sustained growth across categories and the recent acquisition of Deutsch & Deutsch as key drivers, even as it navigates margin pressures from inflation and brand adjustments.
Chinese sportswear leader ANTA makes a strategic entry into the U.S. physical retail market with a flagship store in Beverly Hills, aiming to blend performance innovation with cultural storytelling, following its recent major investment in Puma.
Secretary of State Marco Rubio hosts officials from dozens of nations in Washington to forge alliances on securing critical mineral supply chains, with a new $12 billion stockpile initiative at the heart of the U.S. strategy.
Columbia Sportswear's Q4 earnings beat profit forecasts by a wide margin, driven by robust international growth and strategic marketing. While U.S. sales remain under pressure, the company's brand strength and price adjustments aim to counter tariff impacts and fuel a recovery later this year.
A new humanitarian fund for Sudan, seeded with $700 million from the U.S. and UAE, aims to address a catastrophic war that has displaced millions and pushed regions into famine. International officials warn time is running out to prevent further mass suffering.
The U.S. is threatening to restrict Iraq's access to billions in oil revenue held at the New York Fed if it appoints former premier Nouri al-Maliki, seen as an Iranian ally, escalating a high-stakes standoff over the country's future leadership.
Crude futures extended gains for a second session following a military skirmish in the Arabian Sea and a sharp drop in U.S. inventories, underscoring the market's vulnerability to geopolitical shocks in the Middle East.
The United States has transferred the final $200 million to Caracas, completing the return of all proceeds from an initial oil sale authorized after President Maduro's capture. U.S. officials state the funds are for humanitarian and stabilization purposes, with future sales to be managed under a more structured U.S.-based fund.
Siemens Energy (XTRA:ENR) is capturing investor attention with plans to restart dividends and expand U.S. manufacturing, even as it grapples with losses and a potential spin-off of its Siemens Gamesa unit. The stock's strong rally has analysts debating if future growth is already priced in.
Swedish hygiene giant Essity has finalized its acquisition of Edgewell Personal Care's feminine care portfolio, marking a decisive shift to capture more of the lucrative U.S. market. The move adds established brands like Carefree and Playtex to its arsenal, aiming to compete more directly with giants like P&G.
Amid surging power demands driven by data centers and manufacturing, Siemens Energy is investing heavily in its U.S. workforce, with its specialized Gibsonton, Florida, plant playing a pivotal role in the global supply chain for gas turbine components.
L3Harris Technologies wins a development and manufacturing award from the U.S. Naval Air Systems Command for its Red Wolf precision strike vehicle, bolstering the Marine Corps' long-range attack capabilities and deepening the company's role in next-generation munitions.
Shares in Siemens Energy jumped nearly 9% following the company's dual announcement of a major U.S. manufacturing investment to meet AI data center power demand and a potential future spin-off of its struggling Siemens Gamesa renewable energy division, pending a stabilization of its operations.
Crypto.com has launched OG, a standalone U.S.-only prediction markets platform, capitalizing on explosive sector growth and navigating a tightening regulatory landscape. The move pits it directly against established players as the industry faces increased scrutiny from lawmakers.
