Wall Street closes sharply higher as AI chips, Tesla and megacap tech power broad rally, oil and gold also firm
Executive summary: Wall Street finished higher across major benchmarks, led by a powerful surge in AI and chip shares, with the Nasdaq Composite up +4.8% and the S&P 500 rising +2.9%. The move came alongside gains in Tesla, Nvidia and Apple, while energy, gold and crude also advanced. Financials and some large internet names lagged, showing the rally was broad but not uniform. [Continue Reading]
Trump to visit China with Elon Musk and Tim Cook among CEOs on delegation
Donald Trump is set to visit China this week with a delegation that includes top US executives such as Elon Musk and Tim Cook, according to a White House official.Beijing has confirmed the visit and said it is ready to work with Washington to pursue "more stability".Mr Trump will meet Chinese President Xi Jinping during the trip.The talks are expected to cover trade and economic issues, with wider tensions also in the background, including tariffs, Taiwan, Iran and access to advanced artificial intelligence chips.The visit will be the first by a US president to China since 2017.The trip comes after... [Continue Reading]
360LiveNews | 11 May 2026 18:30 LONDON
Europe closes mixed as oil, metals and autos lead, FTSE slips while DAX and Euro Stoxx 50 edge higher
Executive summary: European markets finished mixed, with the DAX and Euro Stoxx 50 posting modest gains while the FTSE 100 and CAC 40 ended lower. The biggest moves were in commodities, where silver, platinum, natural gas and Brent crude surged, helping lift parts of the broader risk complex and supporting auto shares. Currency moves also showed a softer dollar backdrop, with the euro and pound firmer against the US currency. [Continue Reading]
Wall Street Opens Higher as AI Chips, Tech and Commodities Power Broad Risk-On Move
Executive summary: U.S. markets opened sharply higher, led by a powerful rebound in AI and chip stocks, a strong tech bid and gains across several cyclical and commodity-linked areas. The Nasdaq Composite, S&P 500 and Dow Jones all advanced, while energy lagged as crude rose but energy equities fell. The move appears tied to a risk-on tone, firmer oil and metals, and renewed enthusiasm for growth and AI exposure. [Continue Reading]
India urges fuel conservation and reduced gold buying amid energy crisis
India has urged citizens to work from home, cut non-essential travel and avoid buying gold as it responds to rising energy costs and pressure on foreign exchange reserves.Prime Minister Narendra Modi appealed to the country's 1.4 billion people to return to work-from-home arrangements and online meetings, use public transport and carpool where possible.He also asked people to refrain from buying gold for weddings.The measures come as India and other Asian economies face a surge in global energy prices linked in the supplied material to the Iran war and disruption to shipping through the Strait of Hormuz.The row says India is... [Continue Reading]
360LiveNews | 11 May 2026 03:30 LONDON
Met Police deploys 100-officer team after attacks on Jewish sites in London
London's Metropolitan Police is deploying a dedicated 100-officer Community Protection Team after a series of attacks on Jewish sites and a double stabbing in Golders Green that is being treated as terrorism.The force said the new team will include officers from neighbourhood policing, specialist protection and counter-terrorism capabilities.It said the officers will be locally based and work closely with residents, schools, faith leaders and volunteers.The announcement comes after about 50 people were arrested and eight charged in recent weeks over antisemitic hate crimes in London, according to the force.Those incidents included attacks on synagogues, a Jewish ambulance charity and a... [Continue Reading]
360LiveNews | 06 May 2026 10:30 LONDON
Former East London synagogue fire treated as attempted arson
A fire at a building formerly used as a synagogue in east London is being treated by police as an attempted arson attack.The Metropolitan Police said the blaze broke out at the former East London Central Synagogue in Nelson Street, Tower Hamlets, in the early hours of Tuesday.Officers said police were called at 5:16am by the London Fire Brigade, and initial CCTV enquiries indicate the fire was started intentionally at about 5:10am.The force said minor damage was caused to a set of gates and the building's front locks, and no one was injured.Because the location was a former synagogue, Counter... [Continue Reading]
360LiveNews | 05 May 2026 10:30 LONDON
Starmer to host Downing Street summit on antisemitism
Sir Keir Starmer is due to host senior business, culture and policing figures at Downing Street on Tuesday as the government steps up efforts to tackle antisemitism across society.The summit is being presented as part of a "whole of society" approach, with ministers and sector leaders asked to consider how antisemitism appears in their areas and what more can be done to address it.The home secretary, communities secretary, health secretary, education secretary and culture secretary are each expected to chair meetings with leaders from their sectors.Representatives from business, civil society, health, culture, higher education and policing are also due to... [Continue Reading]
360LiveNews | 05 May 2026 02:00 LONDON
The Great Uncoupling: Abu Dhabi’s Sovereign Gambit
The UAE’s decision to cut ties with OPEC is far more than a mere adjustment of energy policy, for it functions as a political telegram written in barrels and sent directly to the heart of the global order. For nearly six decades, Abu Dhabi operated within the rigid architecture of producer discipline, where it accepted the rituals of quotas, the formality of communiqués, and the heavy burden of collective restraint. It played the long game of oil diplomacy with a patient hand, balancing its own massive national ambitions against the gravity of cartel discipline and the delicate logic of Gulf... [Continue Reading]
360LiveNews-Opinion | 30 Apr 2026 09:50 LONDON
The Glass Elevator to Nowhere: A World Trapped in a Chocolate Factory
As a journalist in my mid-fifties, I thought my skin had thickened to the point of being impenetrable. I have covered the rise and fall of regimes, the grinding gears of the Cold War's leftovers, and the digital revolutions that promised to unite us. I thought I had seen every trick in the political playbook. Then came Donald Trump’s 2026 foreign policy, and I realized I was not watching a statesman; I was watching a child play with a chemistry set he does not understand. The Willy Wonka of the West: Rule by Whim Walking into a press briefing lately... [Continue Reading]
360LiveNews-Opinion | 02 Apr 2026 09:44 LONDON
There Is Good in Every Bad
Power, Greed, Oil, and the Theater of Modern Geopolitics The Business Model of Power Donald Trump does not govern like a traditional politician. He governs like a negotiator who believes every geopolitical crisis is leverage, every war threat is a bargaining chip, and every market panic is an opportunity. When markets tremble, someone profits. The question is, who? Global markets react instantly to political tension. Gold rises when conflict looms. Oil spikes when instability threatens production. Stock markets collapse on fear, then rebound on reassurance. Volatility is not chaos, it is opportunity. Historically, gold has surged during major geopolitical crises,... [Continue Reading]
360LiveNews-Opinion | 18 Feb 2026 17:11 LONDON
