The Rio Tinto Group logo atop Central Park tower, which houses the company’s offices, in Perth, Australia, on Friday, Jan. 17, 2025.Bloomberg | Bloomberg | Getty ImagesThe mining sector appears poised for a frantic year of dealmaking, following market speculation over a potential tie-up between industry giants Rio Tinto and Glencore.It comes after Bloomberg News reported Thursday that British-Australian multinational Rio Tinto and Switzerland-based Glencore were in early-stage merger talks, although it was not clear whether the discussions were still live.Separately, Reuters reported Friday that Glencore approached Rio Tinto late last year about the possibility of combining their businesses, citing…
Author: usaeverydaylife
HSBC shares rise to multi-year highHSBC shares are off to a strong start this week and are currently trading at a 17-year high on an intraday basis.The lender’s London-listed A-shares rose to £8.286 after the stock market opened, its highest level since Nov. 2 2007.And it’s not the only bank notching highs this morning.Stock Chart IconStock chart iconEuropean markets flatThe U.K.’s FTSE 100 and Germany’s DAX indexes were marginally higher on Monday morning, after hitting an all-time high on Friday.The FTSE was 0.08% higher, the DAX was 0.04% in the green and the French CAC was up 0.1%.Spain’s Ibex was…
At the end of a war in Gaza in 2021, Yahya Sinwar, the leader of Hamas, was photographed sitting in an armchair in his ruined home, a symbol of continuing resistance to Israel.Mr. Sinwar was killed in this latest Gaza war, in which Benjamin Netanyahu, the prime minister of Israel, vowed to dismantle and destroy Hamas. And yet, as a cease-fire took hold on Sunday after 15 months of massive destruction and death, Hamas — badly wounded and diminished — has survived and, at least for now, will remain in charge in Gaza.Thousands of Hamas fighters have already re-emerged from…
Melania Trump, pictured in July 2024, has launched her own meme coin. Leon Neal | Getty ImagesIncoming first lady Melania Trump launched her own meme coin ahead of her husband’s inauguration as the 47th president of the United States on Monday.In a Sunday evening post on the X social media platform, she announced that investors “can buy $MELANIA now.”The Melania token was trading at $10.98 at 09:45 a.m. London time on Monday, up nearly 50%, according to data from CoinMarketCap. It has a market cap of $2.11 billion..Incoming White House leader Donald Trump, who will be inaugurated for the second time…
After Donald J. Trump’s presidential inauguration on Monday, Canadians will learn whether he intends to follow through on his threat to immediately impose 25 percent tariffs on exports from Canada to the United States.Many people here have told me they are looking forward to the details of the federal government’s response to any American trade action. Matina Stevis-Gridneff, our Canada bureau chief, reports that it will be much like Canada’s response to the tariffs on aluminum and steel that Mr. Trump introduced during his first administration. Any coming retaliatory tariffs, she writes, will “focus on goods made in Republican or…
View ahead of the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 15th, 2024.Adam Galici | CNBCLONDON — It’s that time of year when the great and the good gather for the annual World Economic Forum in Davos, Switzerland.A slew of heads of state, politicians and business moguls are set to attend the four-day event in the Alpine resort — but what might be more telling is which leaders are sidestepping the forum.While Donald Trump, who is being inaugurated as U.S. president on Monday, is expected to address the forum via live video link on Thursday, a number…
Follow live updates on the deal for a cease-fire in Gaza.It is almost over, the end so close they can practically feel the keys they have kept all these months sliding into the locks of their old homes, the doorknobs turning in their hands, the beds they will sink into for their first night’s peaceful rest in more than 15 months — their own beds. Just a couple more days to go.Two nights before the first stage of a cease-fire in Gaza was announced, Layan al-Mohtaseb, 15, dreamed of being back in her bedroom in Gaza City, cleaning it as…
U.S. President Donald Trump at a press conference at the end of the NATO summit in July 12, 2018.Bernd von Jutrczenka | dpa | picture alliance | Getty ImagesU.S. President-elect Donald Trump returns to the White House on Monday, and much of the world is watching on with bated breath.The prospect of more unpredictable foreign and trade policies, particularly the threat of universal trade tariffs of 10-20%, has stoked concerns internationally and spooked financial markets. But Trump’s transactional approach and his “America First” policy are not universally feared.In fact, many countries welcome a new era that’s being labeled “Trump 2.0.””Trump’s…
Beata Zawrzel | Nurphoto | Getty ImagesChina’s Vice President Han Zheng met on Sunday with Tesla CEO Elon Musk and other members of the U.S. business community in Washington D.C., the official Xinhua news agency reported on Monday.Han told Musk he “welcomed Tesla and other U.S. companies to seize the opportunities and share in the benefits of China’s development, and contribute to the growth of China-U.S. economic and trade relations,” the report said.U.S. President-elect Donald Trump invited Chinese President Xi Jinping to attend the inauguration after winning last year’s presidential election. Xi has sent Han in his place. Source link
Could this be the year, as President-elect Donald J. Trump has promised, when Russia’s war against Ukraine is brought to an end?The possibility of peace brings “tears to my eyes,” said Valeria, 30, an English teacher from eastern Ukraine.As Mr. Trump prepares to return to the White House on Monday, he is promising peace in Ukraine, but publicly offering no strategy for how to achieve it — aside from his stated desire to meet with President Vladimir V. Putin of Russia. So Ukrainians can only guess at what the coming months will bring.No one, Valeria said, wants peace more than…
