Business news
- Eurostar warns of ‘major disruption’ as power outage halts services between France and England - The disruption brings one of Europe's busiest international rail corridors to a halt at the peak of the New Year travel season.
- Copper on pace for best year since 2009 as AI demand, supply fears fuel record price rally - Analysts say copper's record-breaking run could continue next year, citing supply disruptions and masssive spending on artificial intelligence.
- Silver soars after tumbling on Monday, capping 2025 with another wild ride - The precious metal rally continued Tuesday as gold and silver recovered from Monday's selloff.
- Ukraine denies attacking Putin's residence with drones - Ukraine has denied an allegation by Russia that it launched a drone strike on one of Russian President Vladimir Putin's "official residences."
- UK's Octopus Energy to spinoff AI unit Kraken at $8.65 billion valuation - British renewable energy startup Octopus Energy is set to spin out its AI tech unit Kraken Technologies, as an independent company valued at $8.65 billion.
- China EVs in 2026 look less like a boom and more like a survival test as global expansion ramps up - Analysts predict China's electric car market will see growth slow significantly in the year ahead.
- Novo Nordisk's 'long game' on weight loss drugs sparks hope in science, but the Street is impatient - The medicine developed by the100-year old Danish drugmaker may impact patients' brains in surprising ways
- Elon Musk envisions humanoid robots everywhere. China may be the first to make it a reality - China has made the development of humanoid robots a strategic priority in its tech battle with the U.S.
- Meta acquires intelligent agent firm Manus, capping year of aggressive AI moves - Meta Platforms has acquired Manus, a Singapore-based developer of general-purpose AI agents, capping a year of massive spending on artificial intelligence.
- Asia-Pacific markets set to open mostly lower on penultimate day of the year - Investors will be focused on China's military exercises around Taiwan today, after it announced new drills surrounding the island Monday.