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Home > Latest

Lates News

date
25/12/2025
Influenced by the Christmas holiday, the US stock market closed early on Wednesday. The Dow Jones Industrial Average preliminarily closed up 0.6%, while the Nasdaq rose 0.22%. The S&P 500 index rose 0.32%, hitting a new closing high. Micron Technology (MU.O) rose 3.77%, Apple (AAPL.O) rose 0.53%, and Intel (INTC.O) fell 0.52%. The Nasdaq China Golden Dragon Index closed down 0.07%, with Zhihu (ZH.N) rising 1.81% and Alibaba (BABA.N) and XPeng (XPEV.N) falling 0.7%.
Latest
15 m ago
Goldman Sachs (GS.N) recently notified some alternative investment funds under its umbrella that their data may have been exposed due to a security vulnerability at a law firm that the bank works with. In a letter to investors on December 19th, Goldman Sachs stated that they had been informed by their external legal counsel, the law firm Fried, about a "cybersecurity incident". The bank said they are working with the law firm to "further understand whether our or our clients' data may have been compromised". This letter was included in proposed collective litigation materials on Wednesday. The plaintiff, Andrew Sachs, an investor in Goldman Sachs' Petershill Private Equity Seed II Offshore Fund, has filed a lawsuit against Fried. A spokesperson for Goldman Sachs stated, "Goldman Sachs' systems were not affected by this incident and remain secure."
18 m ago
Ecuador is borrowing 5 billion dollars from the Latin American Reserve Fund to improve its international balance of payments.
39 m ago
California Governor Newsom declared a state of emergency in Southern California due to heavy rain.
53 m ago
Union of the Mantoverde copper and gold mine owned by Codelco in Chile has stated that if the labor contract negotiation fails, workers are prepared to go on strike, which may begin on December 29th. Currently, the government has initiated a preliminary mediation process lasting five days, which can be extended for another five days if both parties agree.
54 m ago
Union of Mantoverde Copper and Gold Mine under the control of Codelco announced on Wednesday that workers are prepared to strike and stop work if labor negotiations fail, possibly starting on December 29. The union, which has 645 members, rejected the contract proposal from management in mid-December, opening the window for strike action. The government has now initiated a five-day preliminary mediation process, which can be extended for another five days if both parties agree. The union stated that management has not presented any new proposals to advance the negotiations. The union has prepared for a long strike, estimating that this action will result in the management losing more than 100 million dollars in income per month. Mantoverde Mine is owned 70% by Codelco and 30% by Mitsubishi Mining. The mine is expected to produce between 29,000 to 32,000 metric tons of copper cathode by 2025.
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