India Eyes Real-Time Euro Settlements at GIFT City to Bolster EU Trade Ties
India is weighing the introduction of real-time foreign-exchange settlements in euros at its flagship international financial hub in Gujarat, a move aimed at deepening financial integration with the European Union as trade negotiations gain momentum. The International Financial Services Centres Authority, which oversees the Gujarat International Finance Tec-City, has proposed allowing euro settlements alongside the […]
Coeur Finalizes Acquisition Of New Gold, Creating North American Precious Metals Powerhouse
Coeur Mining (TSX: CDE) has finalized its acquisition of New Gold (TSX: NGD), completing a merger that establishes a new heavyweight in the North American precious metals sector. The deal, first announced in late 2025, officially closed on March 19, and significantly expands Coeur’s operational footprint in Canada. Under the terms of the agreement, New […]
Gold Sheds Nearly $400 in Two Sessions as Hawkish Fed and Hot Inflation Data Hammer Precious Metals
Gold suffered one of its sharpest two-day drops of the year this week, falling nearly $400 per ounce after a hotter-than-expected inflation reading and a hawkish Federal Reserve stance converged to gut the bull case for non-yielding assets — even as war raged across the Middle East. Spot gold tumbled to as low as $4,586 […]
Jeff Bezos Targets $100 Billion Fund to Transform Manufacturing with AI Automation
Jeff Bezos is setting his sights on a $100 billion war chest to acquire and overhaul manufacturing firms through cutting-edge AI-driven automation. The ambitious plan aims to reshape traditional industrial operations by integrating advanced technologies to boost efficiency and reduce costs. The fund, still in the early stages of capital-raising discussions, would target companies in […]
Recent Qatar LNG Strikes Deepen Global Gas Shock
The Qatar story is no longer about temporary disruption but about damage to infrastructure that anchors roughly one-fifth of global LNG exports, with QatarEnergy confirming two rounds of attacks that caused fires and extensive damage at Ras Laffan and its LNG facilities. QatarEnergy first said Ras Laffan Industrial City had been hit on Wednesday with […]
Why Peru’s 15-Year Mining Concession Plan Is Stirring Alarm
Peru’s mining industry is pushing back against a bill that would cut the life of unused concessions to 15 years from 30, arguing the measure would undermine long-cycle project development, discourage formal investment and intensify pressure from informal operators in mineral-rich areas. The bill passed committee this week and is headed for a floor debate. […]
Trans Mountain Targets 1.19 Million Barrels a Day by Decade’s End as Canadian Oil Export Crunch Looms
Trans Mountain Corp. is gearing up for a series of expansion projects to boost its main pipeline capacity to 1.19 million barrels a day by the end of the decade, a critical move as export space for Canadian oil producers tightens once again. Starting in the first quarter of 2027, the government-owned company plans to […]
One Year In, Carney’s Liberals Lead by 11 Points — and Trump Is Now Canada’s Second-Biggest Issue
One year into Mark Carney’s tenure as prime minister, 42% of Canadians say the country is headed in the right direction — and they are 30 points more optimistic about Canada than they are about the rest of the world, the widest such gap since Carney took office. A new Abacus Data survey of 1,931 […]
It’s Not a Crime to Tweet Stupid Things, Musk’s Lawyers Tell Jury
A civil jury began deliberating Tuesday on whether Elon Musk defrauded Twitter shareholders by using social media posts to drive down the company’s stock price after he signed a $44 billion acquisition agreement he later wanted to escape. Closing arguments concluded at the US District Court for the Northern District of California (Pampena v. Musk, […]
DOJ Responds to Anthropic in Pentagon Lawsuit, Calls Blacklist ‘Lawful and Reasonable’
The Justice Department filed its first formal rebuttal to Anthropic‘s Pentagon lawsuit this week, pushing back hard against the AI company’s constitutional arguments and raising a stark national security scenario: that Anthropic could theoretically disable or alter its own model mid-conflict if it decided its corporate red lines were being crossed. Anthropic filed two federal […]