The largest U.S. artificial intelligence startups have secured a record amount of funding this year, amounting to $150 billion, according to the Financial Times, which referenced data from PitchBook. The number surpasses the previous record of $92 billion, which was set in 2021. The current year's total includes $41 billion in investments from OpenAI, $13 billion from Anthropic, and $14 billion...

Jiangxi Copper Co., China's biggest copper producer, has decided to purchase gold-copper mining firm SolGold Plc, which has assets in Ecuador, through an all-cash deal. Jiangxi Copper has announced it will pay 28 pence for each SolGold share. The overall worth of SolGold is assessed at £867 million ($1.17 billion). This price reflects a nearly 43% premium over SolGold's closing price on the...

Citigroup strategists have adjusted their views on Chinese and Taiwanese stocks, according to Bloomberg, which is quoting a research note. They have lowered their recommendation for Chinese stocks to "neutral". This change was based on revised downward forecasts for corporate earnings and a weak overall economic outlook for the country. In contrast, the recommendation for Taiwanese stocks has...

The European Central Bank stated after its interest rate meeting that the eurozone economy is projected to expand by 1.4% in 2025, 1.2% in 2026, and 1.4% in 2027. Three months back, the ECB forecasted growth rates of 1.2%, 1%, and 1.3%, respectively. Economic growth for 2028 is projected to be 1.4%. Consumer prices are set to rise by 2.1% this year, as anticipated. The projection for 2026 has...

Copper prices reached record levels in 2025 due to concerns about a worldwide shortage of the metal, and specialists anticipate that this upward trend will persist into 2026. By Friday, the price hit a new high of $11,952 per ton but then declined slightly by the end of the trading day. On Monday, three-month copper futures on the London Metal Exchange (LME) increased by 1.4% to $11,670 per ton....

Chinese authorities are looking into a new stimulus and support plan for the semiconductor industry, according to Bloomberg, which is referring to sources. The proposed measures involve providing subsidies and other financial benefits to companies operating in this sector, which is seen as critical to China's efforts in competing with the United States in technology. The estimated total cost of...

OPEC has kept its prediction for oil demand increase in 2025 at 1.3 million barrels per day (bpd) and at 1.38 million bpd in 2026, as stated in the organization's monthly report. In the most recent report, specialists kept their total oil demand projections steady: 103.84 million bpd for 2024, 105.14 million bpd for 2025, and 106.52 million bpd for 2026. Projections for global oil consumption...

The International Monetary Fund (IMF) increased its prediction for China's economic growth in 2025 to 5% from 4.8%, and for 2026 to 4.5% from 4.2%, the organization wrote in a statement. These projections reflect an enhancement from the October outlook owing to economic stimulus initiatives and tariffs on Chinese exports being lower than anticipated. The IMF predicts that average inflation in...

The US Federal Aviation Administration (FAA) has mandated that Airbus A320 operators in the nation perform extra inspections of door fasteners for any cracks, according to Bloomberg. The regulator revised the pertinent airworthiness directive upon finding new cracks near these components, deeming their status unsafe. The new inspection mandate will begin on January 13 and will impact 1,924...