Sunday, January 11, 2026

Trump admin explores lump sum payments to Greenlanders to encourage secession from Denmark and join US: report

Exact payment figures are unclear; US officials, including White House aides, have discussed $10,000 to $100,000 per person; Denmark says Greenlanders are not for sale; European leaders stand behind Copenhagen

Oil gains 2% as market weighs Iran, Russia supply risks; dealmaking for Venezuela in focus

Iran unrest, Russia-Ukraine war raise supply concerns; Global inventories rise, oversupply may limit price gains

US invites India and Australia to G7 meeting on critical minerals, aiming to counter China’s dominance

Meeting follows reports of China restricting rare earth exports to Japan and banning dual-use item exports to its military

Trump seeks $100 billion investment in Venezuela’s oil, but executives remain cautious

Oil leaders warn of risks as Venezuela’s instability and sanctions hinder major financial commitments; Exxon’s CEO says the country is uninvestable

India plans to scrap curbs on Chinese firms bidding for government contracts

Post-2020 border curbs cut Chinese project awards 27% in 2021 as India weighs easing restrictions to avoid power project delays

India-US trade deal stalled after Modi did not call Trump, US commerce secretary says 

Trade talks collapsed last year as Trump raised tariffs on Indian goods to 50%, including 25% levy over Russian oil purchases

Gold falls as commodity index adjustments weigh ahead of US jobs data

Spot gold slips 0.2% to $4,469 an ounce but remains on track for over 3% weekly gain after December record high; HSBC says gold could rise to $5,000/oz by 1H26Spot gold slips 0.2% to $4,469 an ounce but remains on track for over 3% weekly gain after December record high; HSBC says gold could rise to $5,000/oz by 1H26

Rio Tinto in early talks to buy Glencore in deal that could create $207 billion mining giant

Companies say talks centre on all-share deal via court-approved scheme as miners seek scale in copper and energy-transition metals

World Economic Forum survey shows doing business got tougher in 2025

WEF-linked survey of 799 executives in 81 economies finds 43% say business conditions worsened, 7% see improvement 

Dollar advances with US jobs data, Supreme Court ruling in view

Dollar extends three-day rise as markets await US tariff ruling and December jobs data

Oil climbs second day, Brent at $62.43 and WTI at $58.15 on Venezuela, Iran supply uncertainty

US push over Venezuela oil, Iran unrest and Russia-Ukraine war raise supply risks as rising global inventories point to potential oversupply

Asian stocks ease, dollar firms ahead of jobs report, ruling on tariffs 

Tariff ruling, US jobs data, firmer dollar and rising oil prices keep markets cautious

Gulf equities mixed as oil rises and U.S. jobs data looms

Saudi and Dubai markets gain modestly while Qatar and Abu Dhabi lag; investors await key U.S. labour report that could influence Federal Reserve policy

Supreme court ruling on Trump’s global tariffs could trigger $150 billion refund battle

Companies, lawyers and brokers brace for potential payouts and legal hurdles as U.S. Customs prepares for electronic refund distribution

AI to boost copper demand 50% by 2040, but more mines needed to ensure supply, S&P says

Annual copper demand to hit 42 metric tons by 2040; Global supplies expected to fall short by 10 metric tons; AI, defense, robotics seen as increasingly large users