Goldman tells clients to go for gold, likes metal amid geopolitical risk, rate cuts
Gold futures have surged nearly 22% this year, with the precious metal poised to rally even more when the Federal Reserve starts cutting interest rates.
Klarna rival Zilch posts first profit and appoints ex-Aviva CEO to board ahead of IPO
Philip Belamant, Zilch’s CEO, told CNBC the firm was able to hit profitability by growing rather than cutting back like other fintechs have done.
Starlink in Brazil’s crosshairs as spat over Elon Musk’s X escalates
The confrontation between Brazil and Musk continues to escalate over the country’s decision to block his social media company X.
Rolls-Royce shares rise after Cathay Pacific says A350 engine issue affects limited flights
Cathay Pacific has identified an engine component failure in 15 of its A350 aircraft, a long-range, wide-body which uses Rolls-Royce engines.
Mongolia was meant to arrest Russia’s President Putin last night. It didn’t, and now it’s in trouble
Mongolia, as a member of the International Criminal Court, should have arrested the Russian president as soon as he landed on Mongolian soil Monday evening.
First France, now South Korea — Telegram’s legal troubles are only growing. Here’s why
Telegram is facing a probe in South Korea, where police suspect it of helping spread illicit deepfake porn, adding to the platform’s mounting legal troubles.
‘Golden era’ for Hong Kong retail is over as Chinese tourists continue to tighten their purse strings
Real estate analysts claimed that the shopping frenzy the city once experienced will not return “for a long, long time.”
China’s property woes and U.S. sanctions have hit some cities hard
Hangzhou, capital of the eastern Zhejiang province and home to Alibaba and other tech companies, ranked first in this year’s rankings.
Why does Couche-Tard want to buy 7-Eleven? It’s a ‘cheap’ stock, says portfolio manager
There is little to improve in Seven & i’s core business, but the company is cheaper than global counterparts, Comgest’s Kaye said.
Russia signals its official stance on using nuclear weapons is about to change, accusing the West of ‘escalation’
Russia has again hinted that it is making changes to its official policy on the use of nuclear weapons, as Ukraine’s incursion into the Kursk region continues.
