Business news
- 'Markets are callous': Why stocks aren't fazed by Iran, Greenland or Venezuela - One fund manager described stocks' continued moves higher, despite escalating tensions, as "equity market 'meh.'"
- U.S. attempt to seize Greenland could hurt trade with the EU, French finance minister says - Economic ties between the U.S. and Europe could be damaged if Trump moves to take the Danish territory.
- Mitsubishi to acquire shale gas assets in Texas and Louisiana in a $7.5 billion deal - The company will spend $5.2 billion in an equity purchases, as well as $2.33 billion on Aethon's interest bearing debt.
- India’s exports to China surge in December while shipments to U.S. decline as Trump tariffs bite - Exports to China surged 67% in December to $2 billion, in contrast to goods shipped to the U.S. — New Delhi's biggest export market — that dropped 1.8% to $6.8 billion.
- TSMC is set to expand its $165 billion U.S. investment — here’s what we know - TSMC is set to accelerate its multibillion-dollar expansion in Arizona, coming off the back of a U.S.-Taiwan trade agreement and strong earnings.
- Venezuela oil fetching 30% higher price, U.S. energy chief says, after first sale worth $500 million - America is securing prices about 30% higher for Venezuelan crude than those obtained before President Nicolas Maduro's capture, said U.S. Energy Secretary.
- Asia markets trade mixed after Wall Street rallies; chip shares in focus after U.S-Taiwan deal - Australian markets climbed marginally to start the day, while Hong Kong is set for a stronger open.
- Coinbase CEO says key crypto vote can be rescheduled after 11th hour cancellation - Major crypto bill flounders as crypto, banks remain at odds over who can offer consumers rewards.
- OpenAI tells investors to brace for 'deliberately outlandish' claims from Musk ahead of trial - OpenAI on Thursday told its investors and banking partners that it expects Elon Musk to make "deliberately outlandish" claims ahead of an April trial.
- Goldman Sachs CEO is looking at how the Wall Street bank can get involved in prediction markets - Goldman's interest comes as prediction markets gain visibility and debate swirls over market transparency and regulatory boundaries.