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Cocoa gets cheaper but chocolate makers are still holding back

BUSINESS

Cocoa gets cheaper but chocolate makers are still holding back

Most beans processed in the fourth quarter were likely bought before the sharp price slump, meaning the relief has yet to filter through the supply chain.

Silver hits record, gold rises on geopolitical and Fed risks

BUSINESS

Silver hits record, gold rises on geopolitical and Fed risks

The white metal advanced as much as 3.5% to touch $89.9965 an ounce, while gold traded near an all-time peak.

Scientists confirm 2025 was third-hottest year, trailing 2024 and 2023

WORLD

Scientists confirm 2025 was third-hottest year, trailing 2024 and 2023

What makes this result extraordinary, scientists say, is that 2025 saw a cooling phase in the equatorial Pacific Ocean, or La Niña, that suppresses global temperatures.

Dark fleet seeks Russian protection as US seizes oil tankers

WORLD

Dark fleet seeks Russian protection as US seizes oil tankers

At least 26 ships have switched registration to Russia since the beginning of last month, with the bulk of those happening after the US snatched the Skipper supertanker off the coast of Venezuela on Dec. 10, according to Starboard Maritime Intelligence data.

Trump says he’ll end sanctuary city payments by month’s end

WORLD

Trump says he’ll end sanctuary city payments by month’s end

Trump said his administration had also given “90-day notices” to states like California who would bill the federal government to defray costs associated with caring for new migrants.

US clears path for Nvidia to sell H200s to China via new rule

BUSINESS

US clears path for Nvidia to sell H200s to China via new rule

The Commerce Department said it will review applications for AI chip exports to China on a case-by-case basis, easing a previous US stance presuming denial of any request for permission to sell to customers in the Asian country.

World Bank boosts 2026 economic outlook, citing ‘notable’ resilience

BUSINESS

World Bank boosts 2026 economic outlook, citing ‘notable’ resilience

Real gross domestic product is now projected to rise by 2.6% in 2026, up from a June forecast of 2.4%, the Washington-based lender said in a report Tuesday.

Netflix weighs amending Warner Bros. bid to make it all cash

BUSINESS

Netflix weighs amending Warner Bros. bid to make it all cash

Under the original agreement, Warner Bros. shareholders were to receive $23.25 in cash and $4.50 in Netflix common stock, with certain adjustments in place if shares of the streaming giant fall below $97.91.

Asian shares post small gain, Yen weakens past 159

BUSINESS

Asian shares post small gain, Yen weakens past 159

The Nikkei 225 Stock Average advanced 0.9%, with the Japanese currency slipping past the 159-per-dollar level to the weakest since July 2024. Shares in South Korea edged up, having posted a gain on every trading day of 2026.

Pentagon to invest $1 billion in L3Harris missile unit

BUSINESS

Pentagon to invest $1 billion in L3Harris missile unit

L3Harris said it will keep a controlling interest in the Missile Solutions business. The company’s shares rose as much as 6.1% in morning trading.

Two oil tankers attacked near key CPC terminal in Black Sea

BUSINESS

Two oil tankers attacked near key CPC terminal in Black Sea

The attacks risk further disrupting loadings at CPC, where planned shipments have already plunged due to bad winter weather and a mooring damage in a November drone strike.

JPMorgan weighs top rival bankers to lead India expansion drive

BUSINESS

JPMorgan weighs top rival bankers to lead India expansion drive

Among those who have been approached are Sonjoy Chatterjee, Goldman Sachs Group Inc.’s India chief executive officer and chairman, and Pramit Jhaveri, who formerly led Citigroup in the country until 2019, according to the people.

Capital One, Amex shares sink on Trump's credit-card threat

BUSINESS

Capital One, Amex shares sink on Trump's credit-card threat

President Donald Trump called on credit-card companies to cap interest rates at 10% for a year, a move that could wipe out billions in profits for one of the banking industry’s biggest businesses.

BBC defends documentary targeted by Trump in $10 billion suit

WORLD

BBC defends documentary targeted by Trump in $10 billion suit

The BBC on Monday asked a federal judge in Miami to pause the exchange of evidence in the suit, filed last month, until a ruling is issued on the broadcaster’s motion to dismiss the case, which is due in March.

Gold steadies after surging on worries over Fed independence

COMMODITIES

Gold steadies after surging on worries over Fed independence

Citigroup Inc. upgraded its near-term outlook to see gold at $5,000 an ounce and silver at $100 an ounce in the next three months, given heightened geopolitical risks, physical shortages and renewed uncertainty about Fed independence.

Asian shares rise on valuations, dollar declines

MARKETS

Asian shares rise on valuations, dollar declines

Asian shares, relatively cheaper after three years of gains, face key risks this week from US inflation data and a possible Supreme Court ruling on President Donald Trump’s tariffs.

Nvidia to invest $1 billion in AI drug laboratory with Eli Lilly

BUSINESS

Nvidia to invest $1 billion in AI drug laboratory with Eli Lilly

The investment is the latest example of Nvidia using its newfound financial might to cultivate fresh markets for its products.

Paramount sues Warner Bros Discovery, aims to nominate directors to board

BUSINESS

Paramount sues Warner Bros Discovery, aims to nominate directors to board

Paramount accused Warner Bros of failing to disclose how it values the cable-TV assets that the company plans to spin off before selling the studios and streaming business to Netflix

US Fed subpoenas revive ‘sell America’ trade on autonomy concerns

WORLD

US Fed subpoenas revive ‘sell America’ trade on autonomy concerns

For investors, the escalation sets the stage for heightened market volatility given the potential impact for long-term monetary policy

Heineken CEO steps down as slumping beer sales hurt brewer

WORLD

Heineken CEO steps down as slumping beer sales hurt brewer

Van den Brink, 52, will stand down on May 31 after six years at the helm of Heineken, and more than 28 years at the Dutch company in total

Gold and silver storm to records as Fed fight, Iran spur demand

BUSINESS

Gold and silver storm to records as Fed fight, Iran spur demand

Precious metals are at the center of a powerful upward re-rating on a confluence of tailwinds that has supercharged demand.

Denmark, Greenland to hold talks with US on Wednesday, TV2 says

WORLD

Denmark, Greenland to hold talks with US on Wednesday, TV2 says

Denmark’s Foreign Minister Lars Lokke Rasmussen and his Greenlandic counterpart Vivian Motzfeldt are set to attend the meeting, the Danish broadcaster says, citing a calendar from the US Department of State, which also notes that changes to the schedule may occur.

Deutsche Bank’s $2.5 billion India retail assets draw final bids

BANKING

Deutsche Bank’s $2.5 billion India retail assets draw final bids

Negotiations with Kotak, founded by billionaire Uday Kotak, and Blackstone Inc.-backed Federal Bank are ongoing and could still fall through

Germany's Friedrich Merz eyes India business, defence deals in first Asia trip

INDIA

Germany's Friedrich Merz eyes India business, defence deals in first Asia trip

Merz met his counterpart, Narendra Modi, on Monday in Ahmedabad, located in prime minister’s home state of Gujarat

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