The recent slide — gold has declined in six of the seven sessions since Trump's victory — follows a series of record-breaking milestones for bullion over the past year.

I am deeply saddened by the passing of Theodore Olson. Ted, as he was known, was a giant in the conservative legal movement. Generations of law students will study his defeat in Morrison v. Olson, as well as his victories in Bush v. Gore and Citizens United. But Federalist Society members, in…

Siemens AG announced on Thursday that its revenue in the fourth quarter of the fiscal year 2024 increased by 1% to €20.8 billion. The company's net income rose 11% year-over-year to €2....

More to come......

Italian Prime Minister Giorgia Meloni has kept quiet on Elon Musk’s recent comments criticising Italian judges for again blocking Meloni’s migrant transfer policy with Albania, while President Sergio Mattarella responded to the billionaire, calling for respecting Italy’s sovereignty. Commenting on…

After four years abroad, Grubhub is coming back home. Netherlands-based Just Eat Takeaway will sell the food delivery service to billionaire entrepreneur Marc Lore’s restaurant startup Wonder in a deal worth $650 million. Just like the lukewarm food it sometimes delivers, Grubhub’s performance in…

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The Spanish government of Prime Minister Pedro Sanchez (S&D) on Wednesday called the opposition Partido Popular's (EPP) boycott of Teresa Ribera, Ursula von der Leyen’s Spanish commissioner pick, “shameful” and “anti-patriotic”. Ribera (PSOE/S&D), Spain's current minister for ecological…

Asia-Pacific markets traded mixed on Thursday after the U.S. October consumer price index reading reinforced expectations that the Fed would cuts rates again in December. The CPI came in line with expectations, accelerating slightly to an annual inflation rate of 2.6%. Core CPI, which straps out…

LISBON, Portugal — Tech giants are increasingly investing in the development of so-called "sovereign" artificial intelligence models as they seek to boost competitiveness by focusing more on local infrastructure. Data sovereignty refers to the idea that people's data should be stored on…

Deutsche Telekom AG announced on Thursday that net profit in the third quarter of its fiscal 2024 soared 53.7% year over year to €1.9 billion.The company's revenue totaled €27.6 billion after a 3.4% j...

In today’s edition of the Capitals, find out more about Borissov beginning coalition talks with a pro-Russian party and populists, the S&D threatening to defy its 'gentleman's agreement' with the EPP, and so much more.

Major Asia-Pacific stock exchanges traded mostly lower on Thursday amid more economic data and earnings reports.The Australian Bureau of Statistics revealed that the seasonally adjusted unemployment r...

Computer chip equipment maker ASML said on Thursday it expects its sales to grow to between 44 billion euros and 60 billion ($46.4 billion-$63.3 billion) by 2030, suggesting an average annual increase of 8%-14%, driven by strong demand for its most advanced tools. The guidance came in a statement…

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Computer chip equipment maker ASML said on Thursday it expects its sales to grow to between 44 billion euros and 60 billion ($46.4 billion-$63.3 billion) by 2030, suggesting an average annual increase of 8%-14%, driven by strong demand for its most advanced tools.

ASML Holding NV stated on Thursday that it predicts annual revenue of €44 to €60 billion by 2030, with gross margins between 56% and 60%.The Dutch semiconductor equipment leader emphasized in a report...

By Sudip Kar-Gupta PARIS (Reuters) - Defence and technology firm Thales unveiled new four-year targets on Thursday, predicting more than 25 billion euros ($26.34 billion) of revenues by 2028 as it reaps a decade of cyber investments. Europe's largest defence technology supplier, which has…

In This Article: TAIPEI (Reuters) - Apple supplier Foxconn reported on Thursday a 14% rise in third-quarter net profit, driven by strong AI server demand. The Taiwanese company, the world's largest contract electronics maker, reported net profit for the July-September quarter rose to T$49.3…

Azerbaijan’s President Ilham Aliyev lashes out at Emmanuel Macron and steps up defence of oil and gas as regional countries dominate guest list

Bitcoin continued to make records as supportive inflation numbers raised the market's expectations of further interest rate cuts by the Federal Reserve. What Happened: The world's largest cryptocurrency sailed above $93,000 during U.S. trading hours Wednesday, before a sharp correction into the…

Swedish games developer Embracer on Thursday posted a bigger-than-expected drop in second-quarter operating profit driven by game release delays in a seasonally softer quarter. The owner of the Tomb Raider franchise said its adjusted operating profit fell 33% to 1.2 billion Swedish crowns ($109.18…

Disney will report its fiscal fourth-quarter earnings before the bell on Thursday, and Wall Street will be paying close attention to the state of its streaming and theme parks businesses. Investors will also be listening for any details on the search for CEO Bob Iger's successor. Here is what Wall…

Sen. Marco Rubio's nomination as secretary of state will see him become the world's most important diplomat.

Republicans will have at least the 218 votes needed to control the 435-seat House of Representatives, Edison projected, with nine races yet to be called.

Yves here. It appears there is a teeny bit of good news on the environment front, if you consider “less bad than promised” to be positive. Trump has promised that he would lower US energy prices via much more ambitious shale industry production. The shale industry has other ideas. By Irina Slav, a…

South Korea is planning to make an "effective and phased" response to North Korea supposedly deploying its troops to fight Ukraine alongside Russia in the latter's Kursk region, Yonhap reported on Thu...

Some cookbooks are bicycles with training wheels. They teach you how to cook, mitigating with masterful guidance your fears of toppling. Soon, your confidence develops. The training wheels come off, and you carve your own autonomous cooking path. "The Zuni Café Cookbook," published in 2002, is…

Russian Nuclear Weapons Are Keeping NATO Troops Out Of Ukraine: Top Admiral Authored by Kyle Anzalone via The Libertarian Institute, A top NATO military official said that NATO forces would have deployed to Ukraine to drive Russian soldiers from the country if Russia did not have nuclear…

Major European stock markets traded mostly higher ahead of Eurostat's preliminary report on the Eurozone's gross domestic product (GDP). Eurostat will also release its report on industrial production ...

AI chatbots such as ChatGPT and other applications powered by large language models (LLMs) have exploded in popularity, leading a number of companies to explore LLM-driven robots. However, a new study now reveals an automated way to hack into such machines with 100 percent success. By…

In This Article: (Bloomberg) -- Kuwaiti officials are considering changes atop the country’s $1 trillion wealth fund, including potentially replacing its managing director, according to people familiar with the matter. Most Read from Bloomberg As part of the moves being discussed, Ghanem…

The value of the cryptocurrency market has topped $3 trillion and is in uncharted territory as the election of Donald Trump as U.S. president spurred bets that friendlier U.S. regulation could usher in a new boom for all corners of the asset class. The sum market value of cryptocurrencies touched…

Foxconn Precision Industry Co. Ltd. announced on Thursday its revenue in the third quarter of the fiscal year 2024 observed an annual rise of about 14% to reach 46.09 billion New Taiwan dollars (NT$),...

In This Article: (Bloomberg) -- Kansai Electric Power Co. shares saw their biggest drop in at least 50 years after the Japanese utility said it plans to raise as much as ¥504.9 billion ($3.2 billion) from a share sale, fueling concerns about earnings dilution. Most Read from Bloomberg Kansai…