Global oil demand to peak by 2029 as China hits 2027 high
International Energy Agency cites lower gasoline prices and slower EV adoption in the US as factors supporting demand growth
76% of central banks plan to raise gold and cut dollar reserves, Survey shows
A record 95% of respondents believe global central bank gold holdings will increase in the next 12 months
US Senate Republicans revise Trump tax bill with permanent business tax breaks
Senate Republicans want to keep the current $10,000 cap on state and local tax deductions, down from the $40,000 cap in the House version
Chinese automakers take lead in global zero-emission vehicle market, says report
ICCT report says China leads as electric vehicle sales exceed 11 million units a year, over half of global EV sales
G7 leaders agree on strategy to protect critical mineral supply
The draft says minerals markets should reflect the real costs of responsible extraction, processing, and trade of critical minerals
Ecuador reopens mining registry after seven-year suspension
The previous registry was closed in 2018 due to concerns over irregularities in the concession system
OpenAI secures $200 million deal with U.S. Defence Department
Pentagon says the company will create prototype frontier AI systems for use in both military operations and administrative functions
MoneyGram settles New York remittance case with $250,000 payment
New York Attorney General says MoneyGram delayed transfers, failed to inform senders, and mishandled complaints
EU rejects reports of accepting broad 10% U.S. tariff
The Commission says negotiations with the United States are still ongoing and no agreement has been reached
Trump Media seeks SEC approval for crypto investment fund
If approved, the fund would target investors interested in cryptocurrency exposure through public markets
Apple loses court case over dating app payment rules
Rotterdam court says Apple forces dating apps to use its payment system and charges commissions of up to 30 percent for smaller providers
Alibaba releases Qwen3 AI models for Apple’s MLX framework
The MLX framework is intended to help developers easily train and run AI models across Apple’s product line
Stocks slip, oil jumps, gold edges higher as Trump calls for Tehran evacuation
Geopolitical tensions keep markets on edge as Trump urges Tehran evacuation
Oil prices fall as Israel-Iran attacks spare energy facilities
Brent crude falls 93 cents to $73.30 a barrel, while U.S. West Texas Intermediate drops 99 cents to $71.99
Dollar dips as investors watch Israel-Iran conflict
Dollar index, which tracks the currency against six major peers, drops 0.5% to 97.74