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India is still buying Russian oil while asking the U.S. to remove a 25% tariff
India is still buying Russian oil while asking the United States to remove a 25% tariff placed on Indian goods. At the same time, New Delhi has been telling Washington that volumes have fallen. Both tracks are running together. The request reached the White House through political channels. On Sunday, U.S. Senator Lindsey Graham said […]Cryptopolitan
Wed, Jan 7
CNBC is bullish on XRP because it is targeting banks and cross-border payments
Wall Street media CNBC TV is calling XRP the standout crypto trade of 2026, saying its ahead of Bitcoin and Ether in recent market focus. During a segment after the bell last night, MacKenzie Sigalos, CNBC’s finance and techn correspondent, pointed out that the Ripple-backed token surged more than 20% in one week, overtook BNB, […]Cryptopolitan
Wed, Jan 7
Stocks slip from AI-driven record highs, currencies on the defensive
Emerging Asia shares declined for the first time in 2026 on Wednesday, after an artificial intelligence-led rally drove most benchmarks to record peaks, while currencies extended losses as the U.S. dollar held its gains ahead of key economic data.Reuters
Wed, Jan 7
US Dollar Index remains subdued near 98.50 amid risk-on mood, US data eyed
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is edging lower after registering modest gains in the previous session and hovering around 98.50 during the Asian hours on Wednesday.Fxstreet
Wed, Jan 7
Gold pulls back from $4,500 amid profit-taking ahead of key US macro data
Gold (XAU/USD) struggles to capitalize on its strong weekly gains registered over the past two days and faces rejection near the $4,500 psychological mark, or over a one-week high touched during the Asian session on Wednesday.
Fxstreet
Wed, Jan 7
Trump says Venezuela to turn over 30 to 50 million barrels of oil to US
Jan 6 (Reuters) - Venezuela will be "turning over" 30 to 50 million barrels of sanctioned oil to the United States, President Donald Trump said on Tuesday in the aftermath of the toppling of Nicolas Maduro who was seized from his country by U.S. forces over the weekend. "This Oil will be...Reuters
Wed, Jan 7
China buys more US soybeans, total purchases approach 10 million tons
SINGAPORE/BEIJING, Jan 6 (Reuters) - China's state stockpiler Sinograin bought 10 U.S. soybean cargoes this week, three traders told Reuters on Tuesday, as the world's top buyer continues purchasing from the United States following a late October trade truce.Reuters
Wed, Jan 7
US tariffs that are at risk of court-ordered refunds exceed $133.5 billion
Jan 6 (Reuters) - President Donald Trump's administration faces the possibility of having to refund more than $133.5 billion in tariffs to importers if the U.S. Supreme Court declares unlawful the duties he has imposed under the International Emergency Economic Powers Act, according to the U.S. ...Reuters
Wed, Jan 7
Lilly in talks to buy Ventyx Biosciences for more than $1 billion, WSJ reports
Jan 6 (Reuters) - Eli Lilly LLY.N is in advanced talks to buy Ventyx Biosciences VTYX.O for more than $1 billion, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.Shares of Ventyx surged more than 50% in extended trading following the report, which said the deal co
Reuters
Wed, Jan 7
Chip stocks jump on AI optimism; Dow ends at record high
Cooling systems firms fall after Nvidia CEO's comments Memory and storage chipmakers hit record highs Stock valuations pricey ahead of earnings seasonS&P 500 +0.62%, Nasdaq +0.65%, Dow +0.99% By Noel Randewich Jan 6 (Reuters) - Wall Street ended higher on Tuesday, as chip stocks surged ...
Reuters
Wed, Jan 7
Nvidia CEO says purchase orders, not formal declaration, will signal Chinese approval of H200
CEO sees strong Chinese customer demand for H200 chipsNvidia ramps up H200 chip production for Chinese firmsNvidia expects strong demand and growth with TSMC partnershipBy Stephen Nellis LAS VEGAS, Nevada, Jan 6 (Reuters) - Nvidia NVDA. CEO Jensen Huang said on Tuesday he does not believe China&#Reuters
Wed, Jan 7
Trump to meet oil companies at White House about Venezuela
Oil executives to meet Trump this week, likely on Friday, sources sayInterior secretary says equipment could provide a boostTrump mulls subsidies for oil companies to returnIndustry skeptical due to high costs, obstaclesBy Susan Heavey and Sheila Dang WASHINGTON/MIAMI, Jan 6 (Reuters) - U.S. PresReuters
Wed, Jan 7
Caracas, Washington in talks to export Venezuelan oil to US, sources say
Deal would redirect Venezuelan oil exports to US from ChinaExports would stem further cuts to Venezuelan outputChevron only US firm currently authorized to export Venezuelan oilTalks focus on possible sale terms, US licenses for PDVSA partnersUS Interior Secretary says US Gulf refiners would take adReuters
Wed, Jan 7
Berkshire Hathaway raises new CEO Abel's salary to $25 million
Jan 6 (Reuters) - Berkshire Hathaway BRKa.N said on Tuesday it raised the salary of new Chief Executive Greg Abel to $25 million, far exceeding the $100,000 annual salary that his predecessor Warren Buffett accepted for more than four decades.Abel, 63, became chief executive o...Reuters
Wed, Jan 7
Trump discussing how to acquire Greenland, US military always an option, White House says
U.S. purchase of Greenland also an option being discussedInvasion would send shock waves through NATOTrump's drive to acquire Greenland 'not going away', official saysSome U.S. Republicans and Democrats push back against Greenland commentsBy Steve Holland, Jeff Mason and Bo Erickson W...Reuters
Wed, Jan 7
US House panel to consider legislation that could speed self-driving car deployment
Proposals include banning state rules on autonomous systemsNHTSA urged to speed reviews of self-driving vehicle requestsLawmakers considering steps to make it easier to deploy self-driving vehiclesBy David Shepardson WASHINGTON, Jan 6 (Reuters) - A U.S. House of Representatives committee willReuters
Wed, Jan 7
Oil falls as investors weigh supply outlook, Venezuelan uncertainties
Analysts predict rising supply in 2026 despite uncertaintiesUS to meet oil executives to discuss Venezuelan production boostUS crude stocks fell last week, sources say citing API dataBy Shariq Khan NEW YORK, Jan 6 (Reuters) - Oil prices fell on Tuesday as the market weighed expectations of ample ...Reuters
Tue, Jan 6
China stocks hit decade high as metals, financials rally
China stocks climbed on Tuesday to their highest levels in more than a decade, buoyed by non-ferrous metals and financials, as investor sentiment remained upbeat ahead of the Lunar New Year holiday. Hong Kong shares also climbed.Reuters
Tue, Jan 6
