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Sunrise Energy Metals has secured $400 million in long-term debt financing from the Pentagon to expand production of scandium, a rare earth element vital to aerospace and defense.
The deal underscores Washington's push to diversify supply chains away from China. Sunrise Energy Metals CEO Sam Riggall joins "Bloomberg: The Asia Trade" to discuss what this means for their business.
J.P. Morgan Private Bank U.S. equity strategist Abby Yoder discusses how her company is viewing the current state of the market on 'The Claman Countdown.
Global markets remain under pressure as the standoff over the Strait of Hormuz deepens. President Trump has made sweeping new demands on Iran, including compensation for people he says Iran "killed and gravely wounded," while hardened positions on both sides are dimming hopes for a deal to restore shipping through the vital waterway.
Oil has returned as a major driver of inflation concerns, with investors watching the impact on central banks. Bonds fell on renewed inflation worries, while Federal Reserve official Beth Hammack said "some number" of rate hikes may be needed. Australia's central bank leaves rate unchanged at 4.35% while maintaining a hawkish stance.
Currency markets remain focused on the yen after its earlier intervention gains faded, raising questions over how effective further intervention could be. Japan's growth strategy minister also discussed spending plans, fiscal policy and the potential long-term impact on the yen.
In technology, Nvidia is working with six firms to mobilize more than $500 billion for AI computing infrastructure, while Intel plans to sell $15 billion in stock as demand for AI-related technology grows. Mark Zuckerberg published a 6,500-word AI manifesto, and RIOT signed a major $49.1 billion deal involving Anthropic.
Elsewhere, Gautam Adani won dismissal of US securities fraud charges, China imposed 54% tariffs on US pecans, gold climbed above $4,400 ahead of US inflation data, Tencent prepares to report earnings, and Unitree's IPO retail tranche was subscribed more than 5,500 times.
We also cover Action Energy's record $1.1 billion order backlog, Spinneys' second-quarter results and the impact of regional tensions and higher freight costs on consumer demand. Guests includes Anita Krishna Gupta, Wealthbrix Capital Partners CIO, Minoru Kiuchi, Japan Minister of State for Economic and Fiscal Policy, Rawaf Bourisli, Action Energy Company Vice Chairman and Sunil Kumar, Spinneys CEO.
Latest news bulletin | August 11th, 2026 – Morning
Catch up with the most important stories from around Europe and beyond this August 11th, 2026 - latest news, breaking news, World, Business, Entertainment, Politics, Culture, Travel.
READ MORE : http://www.euronews.com/2026/08/11/la...
Anchored by Silvia Amaro in London, Europe Early Edition (07:00 – 08:00 CET) brings you analysis across asset classes and time zones to link the US, Asian and Middle East trade to what comes next in Europe. Please note this livestream is only available in Europe and India.
Mark Zuckerberg's Meta has released a scaled-down AI program consumers can download and use on a personal computer. It's called Muse Glimmer. Ed Ludlow reports.
