Copper has long been held up as a key indicator of global economic health, and as the world electrifies it’s taking on a new shine, making it a potentially compelling choice for green-minded investors. Often called Dr. Copper, copper is one of the most followed base metals, and its high…
Central banks must “raise their game” by enhancing artificial intelligence (AI) integration as they discharge their duties, according to a recent report published by the Bank of International Settlements (BIS). The organization’s annual report emphasizes that central banks need to proactively adapt to progressing AI technologies to effectively fulfill their…
Radiopharm Theranostics Limited (ASX:RAD), a developer of a world-class platform of radiopharmaceutical products for both diagnostic and therapeutic uses, has received firm commitments to raise approximately A$70.0 million (before costs) by way of a placement (the Placement) comprised of international and Australian institutional and industry investors, including Lantheus Holdings (“Lantheus”)…
Volkswagen plans to invest up to $5 billion in electric vehicle startup Rivian, starting with an initial investment of $1 billion. The additional $4 billion is expected by 2026. It includes plans for $1 billion each in 2025 and 2026, followed by $2 billion in 2026 related to an expected joint venture…
Amazon plans to launch a new section on its site dedicated to low-priced fashion and lifestyle items that will allow Chinese sellers to ship directly to U.S. consumers, CNBC has learned. The storefront, announced at an invite-only conference for Chinese sellers on Wednesday, would mark Amazon’s most aggressive attempt yet to…
It’s a key question on voters’ minds heading into Thursday night’s presidential debate: How far does my dollar go in 2024? The short answer: further than they might think. Since February 2020, the Consumer Price Index has climbed a cumulative 20.8%, according to Bureau of Labor Statistics data. Over that…
Amazon shares climbed more than 3% in intraday trading on Wednesday, pushing the company’s market cap past $2 trillion for the first time. In crossing the milestone, Amazon join Nvidia, Apple, Alphabet and Microsoft, all of which are worth $2 trillion or more. Investors have piled into tech stocks recently as…
Even while carrying $1.13 trillion in credit card debt, many Americans are still willing to splurge on travel and entertainment. But this summer it will cost even more thanks to “funflation,” a term economists use to explain the increasing price tags of live events as consumers hanker for the experiences they lost during…
Younis lays disorientated on a green mattress in Nasser Hospital, in southern Gaza. His long brown eyelashes rest delicately on his pale sunken face, as he drifts in and out of sleep. The 9-year-old Palestinian boy lies in his mother’s arms, clearly wasted from severe malnutrition and suffering from dehydration. His…
The outgoing Dutch Prime Minister Mark Rutte will become the next NATO secretary general, the alliance said Wednesday. His appointment comes after Romanian President Klaus Iohannis – his only rival for the position – announced last week that he had withdrawn from the running. The term of current secretary general,…