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RTX unit Raytheon lands $1.7 billion deal to supply Patriot systems to Spain
Raytheon Technologies, a unit of RTX Corp, won a $1.7 billion contract to deliver four Patriot air and missile defense systems to Spain, the U.S. defense contractor said on Tuesday. ...
China's commerce ministry urges US to drop drone supplier ban
China's commerce ministry urged the U.S. on Tuesday to stop the wrong practice of adding all foreign-made drone systems and key components to its new Covered List, and it vowed measures to protect the...
UK softens stance on farm tax after months of protests
Britain's government said on Tuesday it would scale back its plan to raise more tax from farmers, following months of protests since the introduction of an inheritance tax charge on farms was...
How investors buy gold and what fuels the market
Gold broke above the $4,500-an-ounce mark on Wednesday, buoyed by expectations of looser U.S. monetary policy and lingering geopolitical tensions that have driven the price to a string of record...
Japan's fiscal woes may cause more yen falls, yield rises, says ex-BOJ policymaker
Japan may face further yen declines and a relentless rise in bond yields driven by market concern over the government's expansionary fiscal policy, former central bank policymaker Seiji Adachi told...
Indonesia eyes US tariff deal signing in January, says all issues settled
Indonesia and the U.S. have agreed on all substantial issues for a tariff deal, paving the way for the signing of an agreement by presidents Prabowo Subianto and Donald Trump at the end of January,...
IMF reaches staff-level agreement on Egypt's fifth, sixth loan programme reviews
The International Monetary Fund said on Tuesday it had reached a staff-level agreement with Egypt on the fifth and sixth reviews under its Extended Fund Facility arrangement, potentially unlocking a...
Report says Amtrak's new higher-speed trains delayed by planning, track issues
U.S. passenger railroad Amtrak's next-generation high-speed Acela train cars were delayed by more than four years due to planning, design and track issues, and a desire for higher speeds that...
US bars imports of new models of DJI, all other foreign drones
The U.S. Federal Communications Commission said on Monday it is barring imports of all new models of foreign-made drones and critical components including from China's DJI and Autel, saying they pose...
Gold jumps over 2% to all-time peak, silver follows with record gain
Gold jumped more than 2% to a record high on Monday, powered by safe-haven flows as U.S.-Venezuela tensions flared, while silver also touched an all-time peak. Spot gold was up 2.2% at...
India's rice stocks surge to record high as paddy procurement climbs
India's rice inventories in government warehouses climbed nearly 12% from a year earlier to a record high for early December after state-run agencies stepped up procurement of the new-season paddy...
Indonesia signs free trade deal with Russian-led Eurasian Economic Union
Indonesia and the Russia-led Eurasian Economic Union have signed a free trade agreement aimed at increasing two-way trade, Indonesia's trade ministry said on Monday. The signing of the...
Oil price gains after US interception of oil tanker off the coast of Venezuela over weekend
Oil prices gained on Monday in early Asian trading hours after the U.S. intercepted an oil tanker off the coast of Venezuela in international waters. The U.S. is also pursuing another...
US farm agency unlikely to issue more farm aid, says official
The U.S. Department of Agriculture is not considering issuing more farm aid beyond its recently announced $12 billion package meant to help farmers weather poor economic conditions, said Richard...
Court in Brazil's Minas Gerais slaps down Nestle copyright lawsuit
A court in Brazil's Minas Gerais state has granted a preliminary injunction in favor of Brazilian company Coffee++, ordering international giant Nestle to stop using the Coffee+ brand, according to a...
Strategy and bitcoin-buying firms face wider exclusion from stock indexes
Michael Saylor's Strategy could soon be dropped from MSCI and potentially other major stock indexes, which analysts say could cost the bitcoin-hoarding giant up to $9 billion in demand for its shares...
US coffee drinkers face higher prices even after Trump's tariff reset
U.S. coffee lovers hoping President Donald Trump's tariff rollbacks last month will soon lower the cost of their daily caffeine hit had better think again. The widespread import tariffs...
Namibia names new central bank governor from next year
Namibia's president ?said ?on Friday that Ebson Uanguta would take over as central bank governor from January 1, ?replacing Johannes !Gawaxab whose departure was announced last month. ...
Japan to import Spanish pork processed before swine fever outbreak
?Japan ?has accepted importing pork from within ?the containment zone near Spain's Barcelona ?that has ?been processed and refrigerated before the outbreak of African swine fever in the area, the head...
Maersk tests Red Sea route as Gaza ceasefire offers hope
Danish shipping company Maersk said on Friday that one of its vessels had successfully navigated the ?Red ?Sea and Bab el-Mandeb Strait for the first time in nearly two years, as shipping companies...
AI Gives Micron a Leg Up
The Shovel Gets Pricier on Wall Street
Kingsoft Corporation's AI Push Blurs Profit
Hong Kong: The Ugly Duckling of Tech
Commodities: Oil Slumps, Metals Under Pressure
A Less Transparent Fed: Markets Face a Revolution
Currencies: The Dollar Hits a Key Level
UCB: The Transformation is Complete, Now for the Right Price
America spends, Europe hedges
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