Author: Press Room

Stay informed with free updatesSimply sign up to the Mining myFT Digest — delivered directly to your inbox.A remote gold and copper mine beneath a volcano in south-west Pakistan could provide key leverage for trade talks with the US, according to its operator, as Islamabad tries to reduce “reciprocal” tariffs originally set at 29 per cent.“When you think about what [the Trump administration] are trying to achieve with these tariffs, this project actually ticks a lot of boxes,” Tim Cribb, project director of Barrick’s Reko Diq mine, told the Financial Times this week.“For us, we have lending coming from the…

Join Fox News for access to this content Plus special access to select articles and other premium content with your account – free of charge. By entering your email and pushing continue, you are agreeing to Fox News’ Terms of Use and Privacy Policy, which includes our Notice of Financial Incentive. Please enter a valid email address. Having trouble? Click here. The Wisconsin woman who attempted to kill her 12-year-old classmate to appease the fictional character “Slender Man” will be released despite the state’s claims there are still “red flags” concerning her behavior.  A judge has ruled Morgan Geyser, 22, can…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The trepidation about consumer spending that marked the start of 2025 appears to be easing — in the UK, at least.Consumers had tightened their belts in the final quarter of last year — a savings rate of 12 per cent was just below the financial crisis peak of 12.5 per cent in 2010, Office for National Statistics data showed.Yet saving rates fell in January and February and consumer credit take-up grew, as people relaxed and opened the purse strings. “Consumers decided to…

New Perth coach Mark Stone believes his side’s win over West Perth gave an insight into their growing maturity and resilience.

BEIJING: Chinese President Xi Jinping will kick off a five-day, three-nation Southeast Asia tour on Monday (Apr 14) as Beijing seeks to tighten regional trade ties and offset the impact of huge tariffs unleashed by his US counterpart Donald Trump. Xi will visit Vietnam, Malaysia and Cambodia in his first overseas trip of the year, China’s foreign ministry said.He will meet his three Southeast Asian counterparts on a tour that “bears major importance” for the broader region, ministry spokesman Lin Jian said.Beijing is trying to present itself as a stable alternative to an erratic Trump, who announced – and then mostly…

A global trade slowdown tied to U.S. tariffs will likely create a more challenging environment for bond fund managers, according to financial futurist Dave Nadig.”All of these capital holding requirements that led to buying U.S. Treasurys are kind of unwinding at the same time,” the former ETF.com CEO told CNBC’s “ETF Edge” on Wednesday. “So, the traditional math of things are bad for stocks, [and] everybody is going to buy bond just isn’t working out this time because the kind of shock we’re seeing is one we’ve never seen before.”  The benchmark 10-year Treasury Note yield increased to 4.4% on…

Israeli forces have targeted Gaza’s al-Ahli Hospital with missiles, destroying the emergency unit and putting the only functioning hospital in northern Gaza out of service, according to Al Jazeera correspondents. Health officials at the hospital evacuated patients, while some of them, including critically ill patients, were forced to flee after the Israeli military issued a warning before the attack. The air strike came “minutes after the army’s warning to evacuate this building of patients, the injured and their companions”, the Palestinian Civil Defence in Gaza said in a statement on Sunday. “The bombing led to the destruction of the surgery…

FIRST ON FOX: Republicans in Congress are launching a probe into a Biden-era green energy grant program that sent billions in funding to climate groups tied to Democrats and former President Joe Biden’s allies.GOP leaders on the House Energy and Commerce Committee sent letters to the eight nonprofits awarded grants from the $20 billion Greenhouse Gas Reduction Fund (GGRF), seeking answers to ensure the Biden Environmental Protection Agency (EPA) followed proper ethics and conflict of interest protocols in distributing the funds.In February, the Trump administration’s EPA announced it would take steps to get the money back, citing concerns over a…

Join Fox News for access to this content Plus special access to select articles and other premium content with your account – free of charge. By entering your email and pushing continue, you are agreeing to Fox News’ Terms of Use and Privacy Policy, which includes our Notice of Financial Incentive. Please enter a valid email address. Having trouble? Click here. A declassified document posted to the CIA’s website is raising eyebrows with claims of an alleged UFO attack on Soviet forces. The viral report summarizes an article published by Canadian Weekly World News and the Ukrainian paper Holos Ukrayiny and…

MIAMI – President Donald Trump said early Sunday morning that the crowd’s “legendary” reaction to his arrival at UFC 314 in Miami this weekend is a sign of the administration’s success. Speaking to the press aboard Air Force One early Sunday morning, Trump reacted to the crowd’s roaring chants of “U-S-A” as he, and several members of his cabinet, arrived at the Kaseya Center.  U.S. President Donald Trump prepares to watch the Ultimate Fighting Championship at the Kaseya Center on April 12, 2025 in Miami, Florida.  (Joe Raedle/Getty Images)”Somewhat legendary,” Trump said. “It was legendary. It’s a great honor to have that kind…