In Today’s News

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Four tankers that had left Venezuela in ‘dark mode’ are back in its waters

Jan 10 (Reuters) – At least four tankers, most of them loaded, that had departed from Venezuela in early January in ‘dark mode’ – or with their transponders off amid a strict U.S. blockade – are now back in the South American country’s waters, according to state company PDVSA and monitoring service TankerTrac … Read More »

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Samsung forecasts profit to triple to record high as it rides AI boom

SEOUL, Jan 8 (Reuters) – Samsung Electronics on Thursday projected a three-fold jump in fourth-quarter operating profit from a year earlier to a record high as tight supply and a surge in artificial intelligence-driven demand stoked prices for conventional memory chips. The results highlight how chip prices h … Read More »

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Rio Tinto’s bid for Glencore piles pressure on BHP

LONDON, Jan 9 (Reuters) – Rio Tinto’s talks to buy Glencore and create a new global industry leader could spur consolidation efforts across the copper-hungry mining sector and heap pressure on BHP, currently the world’s biggest miner, to respond.If the bid succeeds, and depending on any final value, it could … Read More »

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