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Six Major US Banks Exit Net Zero Alliance Ahead of Trump Inauguration
The six largest US banks have withdrawn from the UN-backed Net Zero Banking Alliance (NZBA), a move analysts attribute to preempting “anti-woke” criticism from right-wing politicians as Donald Trump prepares…
Microsoft Halts $3.3 Billion Data Center Project
The company indicated that the pause could extend for several months as it reviews the project’s scope and considers recent technological advancements.
In an unexpected move, Microsoft has temporarily halted…
Canada Challenges Trump’s Assertions of Resource Self-Sufficiency
Canada’s Minister of Energy and Natural Resources, Jonathan Wilkinson, has dismissed incoming US President Donald Trump’s recent assertion that America has no need for its northern neighbour as “plainly untrue.”…
- Lynas-Japan deal offers ‘insulation’ from China rare earth pricing
The agreement commits JARE, a company formed from Jogmec and Sojitz, to buy 5,000 tonnes of NdPr annually from Lynas.
- Iran war could leave lasting shock on commodities: report
BMO analysts warn disruptions to oil, chemicals and minerals could reshape commodity markets if tensions persist.