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Investment banks are doubling down on their investments in gold, but are cautioning against going all-in on silver as precious metals continue to seesaw after Friday’s historic selloff. At 2:11 a.m. ET Thursday, spot gold fell 0.7% to settle at $4,926.9 an ounce. This reversed a rebound from Tuesday and Wednesday trading, when the price of the yellow metal rose 6% and 2%, respectively. Silver also fell, with spot silver in New York falling 10% to $79.6 an ounce after rising 6% on Wednesday and 7.6% in Tuesday trading. After riding for a while, you will arrive. Metals generally fell…

On May 14, 2025, the logo of Japanese entertainment and electronics giant Sony will be unveiled at its headquarters in Tokyo.Kazuhiro Nogi | AFP | Getty Imagessony on Thursday reported a better-than-expected increase in operating profit, helped by favorable exchange rates despite higher costs for memory chips. Below are Sony’s December quarter results compared to LSEG SmartEstimates, which emphasize more consistently accurate analyst forecasts. Sales: 3.71 trillion yen ($23.68 billion) vs. 3.69 trillion yen Operating profit: 515 billion yen vs. 468.9 billion yenOperating profit increased 22% year-on-year, recovering from the year-over-year decline in the previous quarter. Revenue rose just 1%…

peter mandelsonBloomberg | Bloomberg | Getty ImagesPrime Minister Keir Starmer on Wednesday expressed regret over the appointment of Peter Mandelson as Britain’s ambassador to Washington, saying the Labor veteran had created “a litany of deceptions” about his links to US sex offender Jeffrey Epstein.Mr Starmer was forced to bow to pressure from the opposition Conservative Party to release documents about Mr Mandelson’s appointment and water down attempts to limit disclosure in the face of a revolt from his own Labor Party.Mr Mandelson, who was a cabinet minister when Labor was in power more than 15 years ago, resigned from the…

A Kremlin spokesman said Russian forces would continue fighting until Kiev made the “decisions” needed to end the war.Ukrainian President Volodymyr Zelenskiy said the number of Ukrainian soldiers killed on the battlefield as a result of the war with Russia was estimated at 55,000, adding that “many” were also missing.President Zelensky’s comments on Wednesday came amid crucial ceasefire talks in Abu Dhabi as negotiators seek to end Europe’s biggest conflict since World War II, on the eve of the fourth anniversary of Russia’s invasion of Ukraine.Recommended stories list of 3 itemsend of list”Officially, in Ukraine, the number of soldiers who…

Wayne Mardle says Luke Humphries will use the Premier League darts campaign to prove his point as the defending champions fly under the radar.Humphries clinched Premier League glory by defeating Luke Littler in the 2025 final at London’s O2 Arena. But since then, the stories have all been about ‘The Nuke’, who won World Grand Prix, Grand Slams, the World No. 1 spot and became the first back-to-back World Champion in 10 years at just 18 years old. Use Chrome Browser for a more accessible video player Highlights of last year’s Premier League darts final between Luke Humphries and Luke…

Shell petrol station is located at 106 Old Brompton Road, Royal Borough of Kensington and Chelsea, London, UK on December 25, 2025.Null Photo | Null Photo | Getty ImagesBritish oil major shell on Thursday reported its lowest quarterly profit in nearly five years due to a weak oil price environment and an unfavorable tax adjustment in the fourth quarter. According to consensus compiled by LSEG, Shell reported adjusted profit of $3.26 billion in the quarter, below analysts’ expectations of $3.53 billion. Separate analyst estimates provided by the company had predicted Shell’s fourth-quarter profit of $3.51 billion.This was Shell’s weakest quarterly…

UBTech’s humanoid robot will be exhibited at the 27th China Beijing International High-tech Expo to be held at the China National Convention Center in Beijing, China on May 8, 2025. Video Visual China Group | Getty ImagesHong Kong-listed Chinese tech stocks slipped into bear market territory on Thursday, marking a sharp reversal from last year’s gains as tax concerns and global risk aversion shake investor confidence.The Hang Seng High-Tech Index, which is dominated by mainland Chinese tech companies, fell more than 1% and is down more than 20% from its October high. The index has fallen for six consecutive sessions.Market…

The warning comes as the United States threatens to impose tariffs on any country that supplies oil to the Caribbean island.Published February 5, 2026February 5, 2026Click here to share on social mediaShare 2shareUN Secretary-General António Guterres has warned that humanitarianism will “collapse” if Cuba’s energy needs are not met, after the US blocked all oil supplies to the Caribbean island and threatened to impose tariffs on countries that intervene to help.Wednesday’s warning came as Cuba’s severe fuel shortage caused several hours of power outages in the capital, Havana, and soared prices for food and transportation.Recommended stories list of 4 itemsend…

Beijing — China has wavered after a Panama high court ruling denying a Hong Kong-backed company the right to operate the Panama Canal’s main ports, vowing that the government would “pay a heavy political and economic price” if it did not change course. The outrage incident is the latest inflection point in the saga over Chinese interests in the strategic waterway, through which about 40% of all U.S. container traffic passes each year, and a focal point of the Trump administration’s goal of ousting the rival power from the Western Hemisphere. Hong Kong-based multinational CK Hutchison operates ports around the…

U.S. Secretary of State Marco Rubio gives opening remarks at the Critical Minerals Ministerial Meeting at the State Department in Washington, DC, on February 4, 2026. Jonathan Ernst | ReutersThe United States on Wednesday announced new efforts to mobilize allies into preferential trade blocs for critical minerals, including price floors, to counter China’s dominance of critical technology and defense markets.The plan was discussed at the Critical Minerals Ministerial Conference in Washington this week, attended by representatives from 54 countries, the European Union and senior Trump administration officials. After this event, Washington announced that it had signed bilateral significant minerals agreements…