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BlueScope Steel rejects $9 billion takeover offer for fourth time

BlueScope shares closed 1.12 per cent higher on Wednesday at A$29.87, just below the A$30 per share offer made public on Monday

European allies craft response plan should US act on Greenland move

A US military seizure of Greenland from a longtime ally, Denmark, would send shock waves through the NATO alliance and deepen the divide between Trump and European leaders

Oil steadies after Trump says Venezuela to export crude to the US

The deal between Washington and Caracas could initially require cargoes that were bound for China to be rerouted, sources told Reuters

Warner Bros rejects Paramount's revised $108.4 bn bid, backs Netflix deal

Warner Bros' board said Paramount's offer hinges on "an extraordinary amount of debt financing" that heightens the risk of closing

Gold eases as traders review US-Venezuela situation, dollar rises

Spot gold dropped 0.8 per cent ​to $4,461.51 per ounce, as of 1001 GMT, after briefly touching a more than one-week high earlier in the session

UBS cuts rupee March forecast to 92, expects short-lived US deal relief

From near 90 per dollar levels currently, UBS's forecast implies a roughly 2 per cent depreciation over three months, well beyond the March ​forward rate that's near 90.55

Rupee steady as RBI support cushions downside amid weak Asian cues

The rupee snapped a four-day losing streak in the last session, with bankers flagging possible support from the Reserve Bank of India

Crude oil slumps, Asian shares edge lower as global tensions climb

Japanese shares weighed down regional equity benchmarks, while commodity shares were broadly higher after an overnight surge in industrial metals prices

Meta's Ray-Ban Display glasses global launch delayed due to supply shortage

Meta said it would prioritise fulfilling US orders while it re-evaluates its approach to international availability

Hyundai plans to deploy humanoid robots at American factory from 2028

The company did not disclose the cost of the robots, but said deployment would begin across all of its manufacturing sites as part of a push into "physical AI"

Nvidia CEO Huang says next generation of chips is in full production

To get the new performance results, however, Huang said the Rubin chips use a proprietary kind of data that the company hopes the wider industry will adopt

Only Greenland and Denmark can decide their future: European leaders

The leaders said that security in the Arctic must be achieved collectively with NATO allies, including the United States

Dollar dips for second day as Venezuela concerns give way to optimism

The impact of the shock US capture of Venezuelan President Nicolas Maduro over the weekend was short-lived across most asset classes with stocks around the world trading at record highs

CCI finds Tata Steel, JSW, SAIL, 25 others guilty of steel price collusion

The CCI probe into the steel industry began in 2021 after builders alleged nine firms colluded to restrict steel supply and hike prices in a criminal case

India's Russian oil imports in Jan may fall as RIL expects no deliveries

India's imports of Russian crude are likely to dip below 1 million barrels per day ‌as New Delhi seeks to clinch a trade deal ​with Washington

CES 2026: AMD unveils new AI chips and MI500 processor roadmap in Las Vegas

AMD signed a deal with ChatGPT maker OpenAI that'll add billions of dollars to the company's annual revenue. The first deployment of AI chips that incorporate AMD's MI400 series to roll out this year

CES 2026: Sony Honda Mobility unveils Afeela-based new EV prototype

CES 2026: Sony Honda Mobility has unveiled a new prototype electric vehicle based on the Afeela prototype. The joint venture between Sony Group and Honda Motor aims to release it by 2028

CES 2026: Intel unveils 18A process-based Panther Lake AI laptop chips

Intel's prior-generation Lunar Lake chips were largely made by TSMC. The stakes for Intel are high - the company is making its first high-volume product with 18A, and hopes to reclaim the market share

Safe-haven demand lifts gold to one-week high amid US-Venezuela conflict

In other precious metals, spot silver jumped 3.9 per cent to $75.42 an ounce after hitting a record $83.62 on December 29

Investors may go value hunting in 2026 as AI rally matures: Analysts

The upward momentum is expected to continue in 2026, analysts said, though investors may have to get selective about the assets they pick