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Commodities
Barrick Gold beats profit estimates
Feb 12 (Reuters) - Canada's Barrick Gold ABX.TO beat Wall Street estimates for fourth-quarter profit on Wednesday.On an adjusted basis, the world's second-largest gold miner posted a profit of 46 cents per share in the quarter ended December 31, compared to an estimate of 41 cents per share,...Reuters
Wed, Feb 12
Other
UK-based trader wins fight against extradition to US on insider dealing charges
Adds background, reaction in paragraphs 6-8 LONDON, Feb 12 (Reuters) - A British-Lebanese securities trader wanted in the United States for alleged insider dealing on Wednesday won his fight against extradition at the United Kingdom's Supreme Court.Joseph El-Khouri was charged in New York in ...Reuters
Wed, Feb 12
Other
BRIEF-DKSH CEO On Call - Expect To Benefit From Tariffs On China, As We Expect Market To Increase In South-East Asia In Coming Years As A Result
Feb 12 (Reuters) - DKSH HOLDING AG DKSH.S:DKSH CEO ON CALL : OPTIMISTIC THAT CHEMICAL MARKET WILL RECOVER IN 2025DKSH CEO ON CALL : TARIFFS IMPACT ON US IS ZERO OR VERY LIMITED. WE SOURCE LOCALLY IN THE UNITED STATESDKSH CEO ON CALL - EXPECT TO BENEFIT FROM TARIFFS ON CHINA, AS WE EXPECT MARKET TO ...Reuters
Wed, Feb 12
Cryptocurrencies
Cardano (ADA) Price Prediction- Why Lightchain AI Could Outperform ADA in 2025
Cardano (ADA) has been a strong player in the crypto market, but Lightchain AI could outperform ADA in 2025. Lightchain AI is making waves with its innovative blend of blockchain and AI technology. The ongoing presale has already attracted significant attention, raising over $15.3 million at a price of $0.006 per token, showcasing strong investor […]Cryptopolitan
Wed, Feb 12
Stocks
Daqo New Energy to Announce Unaudited Results for the Fourth Quarter and Fiscal Year 2024 on February 27, 2025
SHANGHAI, Feb. 12, 2025 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy" or the "Company"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced it plans to release its unaudited financial results for fourth q...PR Newswire
Wed, Feb 12
Stocks
Is Archer Aviation Stock Worth the Hype?
Archer Aviation (NYSE: ACHR) is nearing approval to begin flying an innovative vertical take off and landing aircraft that could disrupt air travel as we know it. Not only is the company working with the military, you may be able to ride in an aircraft with an air taxi service in the U.S. and abroad...The Motley Fool
Wed, Feb 12
Stocks
Is Berkshire Hathaway Stock a Buy Now?
Shares of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) are trading near their all-time highs, just like the S&P 500 index (SNPINDEX: ^GSPC). For that reason, Warren Buffett's company may not be of much interest if you are a diehard value investor committed to finding cheap stocks. However, this isn...The Motley Fool
Wed, Feb 12
Other
US Republicans find unity on taxes a heavy lift in Trump 'golden age'
House and Senate Republicans divided on tax cutsHouse Republicans divided over spending cuts Some argue that growth from tax initiatives could offset costsCongress faces looming deadlines for funding and debt ceilingBy David MorganWASHINGTON, Feb 12 (Reuters) - Barely a month after predicting a new ...Reuters
Wed, Feb 12
Other
Trump's DOJ antitrust nominee to be grilled on enforcement
Slater's commitment to enforcement likely to be questioned by Senate panelDemocrats are concerned about DOJ's independence under TrumpSlater's past roles include work with Big Tech companiesBy Jody Godoy Feb 12 (Reuters) - President Donald Trump's pick to oversee the U.S. Departme...Reuters
Wed, Feb 12
Other
Musk cuts based more on political ideology than real cost savings so far
Musk cost-cutting targets agencies disliked by conservatives, not major budget contributorsDOGE claims $37.69 billion savings to date - a fraction of its $2 trillion targetNine of the government agencies in Musk's sights were mentioned in controversial Project 2025 reportBy Tim Reid, Helen Coste...Reuters
Wed, Feb 12
Other
Double-duty dogs at Westminster Dog Show aid victims of LA fires, war
Ziggy, a therapy dog, aids California wildfire victimsZiggy's owner collaborates with Red Cross, Therapy Dogs InternationalProsper, a Biewer Terrier, models for animal rescue fundsBy Natalie ArmstrongNEW YORK, Feb 12 (Reuters) - Straight from the dog-show circuit at the 149th Westminster Dog Sho...Reuters
Wed, Feb 12
Stocks
DIARY-Federal Reserve Events
***Denotes a new entry. -------------------------------------------------------- Federal Open Market Committee (FOMC) MEETING DATES: 2025March 18-19 (second day: statement released 1400 EDT/1800 GMT; news conference expected 1430 EDT/1830 GMT)May 6-7 (second day: statement released 1400 EDT/1800...Reuters
Wed, Feb 12
Commodities
FOCUS-Drought leaves Canadian farmers unpaid, reveals holes in safety net
Farmers face delayed payments due to grain company bankruptciesDrought worsens financial strain on Canadian farmersFailure of unlicensed companies, complaint deadline, insufficient security seen as holes in farm supportBy Ed White REGINA, Saskatchewan, Feb 12 (Reuters) - Canadian farmer Bill Pryb...Reuters
Wed, Feb 12
Other
Hungary's Orban meets German far-right leader, discusses EU, Ukraine
BUDAPEST, Feb 12 (Reuters) - Hungary's Prime Minister Viktor Orban met the leader of the far-right Alternative for Germany party in Budapest on Wednesday.Despite their ideological closeness, Orban has hitherto been careful to keep his distance from the AfD, with officials saying he did not want ...Reuters
Wed, Feb 12
Commodities
Gold rally stalls after Fed’s Powell testimony
Gold’s price (XAU/USD) edges lower and trades below $2,900 at the time of writing on Wednesday after Federal Reserve (Fed) Chairman Jerome Powell went to Capitol Hill for his semi-annual testimony before lawmakers the previous day.
Fxstreet
Wed, Feb 12
Forex
Sterling steady ahead of U.S. data, tariff updates
By Samuel Indyk LONDON, Feb 12 (Reuters) - The British pound was steady within the middle of its recent range on Wednesday as investors awaited key U.S. inflation data, while uncertainty stemming from U.S. President Donald Trump's trade policy continued to keep investors on edge. Sterling was...Reuters
Wed, Feb 12
Other
EXCLUSIVE-Trump poised to attend Saudi-backed conference in Miami in February, sources say
Adds FII comment in paragraph 4, background on Trump's Gulf investments in paragraphs 6-9By Hadeel Al Sayegh, Pesha Magid and Maha El Dahan DUBAI, Feb 12 (Reuters) - U.S. President Donald Trump is scheduled to attend a meeting of global financiers and tech executives hosted by Saudi Arabia...Reuters
Wed, Feb 12
Other
SoftBank's Son back to form with big bets and quarterly loss
Unrealised valuation losses for Coupang, Didi and Autostore weighQuestions surround financing for OpenAI investmentStargate to be mainly financed through project finance with SoftBank contributing only equityAdds details from press conference and context throughout, CFO quote in paragraph 6By Anton ...Reuters
Wed, Feb 12
Stocks
Should You Buy Affirm While It's Below $85?
The credit card industry is under attack. Buy Now, Pay Later is proving popular among young spenders, led by companies like Affirm (NASDAQ: AFRM), who recently wowed Wall Street with stellar earnings for its most recent quarter (ending December 31, 2024). The stock soared over 20% after the company ...The Motley Fool
Wed, Feb 12
Stocks
CORRECTED-Baltic index slips on lower capesize, panamax rates (Feb 11)
Corrects analyst comment in paragraph 7 to say U.S. tariffs on steel and aluminum are expected to negatively impact supramax and handysize vessel segments, not the panamax segment; adds missing Refinitiv Instrument CodesBy Sarah Qureshi Feb 11 (Reuters) - The Baltic Exchange's dry bulk sea fr...Reuters
Wed, Feb 12
