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Tuesday, January 13, 2026

Global central banks increased gold volumes by 12 tonnes in April

World Central Banks in April, according to preliminary estimates of the World Gold Council (WGC), increased the volume of gold in their gold reserves...

China has authorised suppliers to Ford, GM and Stellantis to export rare earth metals

Chinese authorities have issued temporary export licences to companies supplying rare earth metals to Detroit's "Big Three" carmakers Ford Motor, General Motors and Stellantis,...

India has built the Chinab Bridge – a new height record

Indian Prime Minister Narendra Modi inaugurated the Chinab railway bridge connecting the Kashmir Valley with the rest of the country. It is 1.3 kilometres long....

Goodyear to close plant in South Africa and lay off 900 workers

US car tyre maker Goodyear Tire & Rubber Co. plans to close its production facility in Kariega (South Africa) by the end of this...

The Central Bank of Russia reduced the key interest rate by 1 per cent

On 6 June, the Central Bank of Russia announced a reduction in the key lending rate from 21% to 20%. According to the institution's statement,...

Tesla’s capitalisation falls $153bn due to Musk’s spat with Trump

Tesla shares fell by 14% on Thursday amid a conflict between the company's head and founder Ilon Musk and US President Donald Trump. As a...

Trafigura cuts revenue by 4%, raises dividend 2.3 times

Trafigura Group Pte Ltd, one of the world's largest commodity traders, increased net profit by 3 per cent in the first half of fiscal...

Amazon to invest $10bn in data centres for AI

Amazon.com Inc. is investing $10 billion to expand its data centre infrastructure in North Carolina to support AI and cloud technologies. According to a company...

Boeing to pay $1.1bn in 737 MAX crash case

US Boeing Co. will pay $1.1bn to avoid litigation over two Boeing 737 MAX jetliner crashes in 2018-2019. The settlement agreement with the US Department...

European Commission: Bulgaria is ready for the euro from 2026

The European Commission has concluded that Bulgaria is ready to introduce the euro from 1 January 2026 - making it the 21st EU member...
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