The Albany Gazette - Economy (English)

NYSE - LSE

RIO	1.59%	92.547	$
BTI	0.16%	60.79	$
SCS	0.12%	16.14	$
CMSC	-0.16%	23.712	$
CMSD	-0.04%	24.09	$
BP	-0.38%	37.735	$
RBGPF	0.12%	82.5	$
BCE	-0.31%	25.765	$
NGG	-0.21%	85.08	$
RELX	-0.46%	35.64	$
RYCEF	4.19%	16.7	$
GSK	1.86%	52.59	$
BCC	1.89%	82.39	$
VOD	1.61%	14.889	$
JRI	0.74%	13.175	$
AZN	0.93%	192.225	$

Featured

Oil slides, gold loses lustre as Iran threat recedes

Oil and gold prices fell as concerns eased over US monetary policy and the chances of an American attack on Iran, while stock markets pushed higher.

Russian captain found guilty in fatal North Sea crash

The Russian captain of a cargo ship that hit an anchored oil tanker in the North Sea last year was on Monday found guilty by a UK court of killing a crew member.

Last news

Nintendo launches long-awaited 'Metroid Prime 4' sci-fi blaster

Fans of Nintendo's "Metroid" science-fiction saga have reason to celebrate Thursday as the latest instalment in the series is released after an eight-year wait and a bumpy road through development.

Diveroli Investment Group Files Schedule 13D, Endorses Strategic Turnaround Path for Noodles & Company

MIAMI, FL / ACCESS Newswire / December 4, 2025 / Diveroli Investment Group ("DIG"), a significant shareholder of Noodles & Company, today announced the filing of its Schedule 13D with the SEC. DIG's investment thesis aligns with Noodle's strategic review already underway, and the firm is pleased to see management, alongside Piper Sandler, examining pathways and levers frequently utilized in successful sector turnarounds.

SMX Is Rebuilding Supply Chain Confidence With Evidence the World Is No Longer Ignoring

NEW YORK CITY, NEW YORK / ACCESS Newswire / December 4, 2025 / ESG and supply chain integrity aren't lacking because companies lack ambition. It's lacking because the entire system ran on unverifiable claims. Corporations published emissions reductions without forensic tracking. Brands declared recycled content with no way to validate the number. Supply chains issued sourcing statements that fell apart the moment materials left their country of origin. Stakeholders wanted clarity but got guesswork. Regulators wrote tougher rules but couldn't enforce them. No, these two didn't lose credibility because they aimed too high. They lost credibility because they measured nothing accurately.

RENN Fund, Inc. Announces Record Date For Year End Distribution 2025

NEW YORK CITY, NEW YORK / ACCESS Newswire / December 4, 2025 / The RENN Fund, Inc. (NYSE MKT:RCG) (the "Fund") announced today a record date for the Fund's year-end distribution. The record date will be December 16, 2025 and Pay-Date of December 29, 2025. The Fund will make an announcement on or about December 16, 2025 with the distribution rate per share. As the per share rate will not be available prior to the record date, the Fund will trade with due bills beginning December 16, 2025, and up through and including the last business day prior to the New York Stock Exchange established Ex-Date. The New York Stock Exchange will set the Ex-Date once the per share rate has been announced.

When Big Banks Call for Verified Gold Only, the Entire Global Metals Market Will Wish It Partnered With SMX

NEW YORK, NY / ACCESS Newswire / December 4, 2025 / There is a single moment that would hit the gold market harder than any interest rate shock, geopolitical headline or mining crisis. It is not a supply disruption. It is not a surge in demand. It is a policy decision. The moment a major bank, sovereign wealth fund or global exchange announces that it will only accept verified gold with persistent molecular identity is the moment the entire gold ecosystem splits in two. That announcement would not be symbolic. It would be seismic. It would turn legacy bullion into a discounted asset class overnight and elevate verified bullion into the only gold that truly counts.

SMX: How a Single Counterfeit Bar Could Trigger a Multibillion-Dollar Panic

NEW YORK, NY / ACCESS Newswire / December 4, 2025 / Gold markets are built on confidence. Vaults trust refiners. Refiners trust suppliers. Banks trust custody chains. Investors trust the entire system to uphold purity, legality, and origin with near-religious certainty. But that confidence is a façade, and it only takes one failure to expose it. The moment a major vault or global bank uncovers a counterfeit bar inside its inventory, the shock will hit the market like a blast wave. Trading will not slow. It will convulse. Prices will not adjust gently. They will whiplash as institutions scramble to determine which bars they can authenticate and which they cannot.

A Frictionless Market: How SMX's PCT Creates the Real-World Value Layer Modern Industries Never Had

NEW YORK, NY / ACCESS Newswire / December 4, 2025 / Every modern system relies on accurate inputs. Financial markets depend on audited disclosures. Manufacturing depends on precise measurements. Logistics depends on reliable tracking. Yet despite all the sophistication built into global industry, one problem has lingered for decades. The physical world has never had a universal truth layer.

How SMX's Plastic Cycle Token Is Transforming Physical Materials Into a Monetization Engine

NEW YORK, NY / ACCESS Newswire / December 4, 2025 / The world has always struggled to turn the physical into the digital with any degree of accuracy. Supply chains generate enormous volumes of activity every second, yet remarkably little of that activity becomes trustworthy information.

SMX, its PCT, and the Proof Premium: Why Markets Are Valuing Verified Materials Like a Financial Asset

NEW YORK, NY / ACCESS Newswire / December 4, 2025 / Markets assign value to certainty. Every financial instrument trades according to how much confidence investors have in the data supporting it. Bonds rise or fall on creditworthiness. Equities react to visibility in earnings and operational performance. Commodities move on supply signals that traders believe are accurate enough to justify risk. What SMX (NASDAQ:SMX) is demonstrating is that this principle applies just as strongly to physical materials.

The Refinery Reckoning: Why the Next Global Gold Scandal Will Start in a Furnace, Not a Vault (NASDAQ:SMX)

NEW YORK, NY / ACCESS Newswire / December 4, 2025 / Everyone fears discovering a counterfeit bar in a major vault. But that is not where the real danger lives. The true weak point in the global gold ecosystem is not storage. It is transformation. Refineries are where gold becomes anonymous, where molten metal resets its identity, and where the world's entire compliance infrastructure quietly collapses. The market obsesses over vault integrity, yet the refinery furnace is the exact place where legitimacy can evaporate into smoke. The next major gold scandal will not start with a vault audit. It will start with a melt.

Odyssey Announces Addition of Stacy Bogart to Board of Directors

ST. PAUL, MN / ACCESS Newswire / December 4, 2025 / Odyssey Transfer and Trust Company ("Odyssey" or the "Company"), a leading North American transfer agent and trust company that is scaling rapidly across North America, announced today the addition of Stacy Bogart, Senior Vice President, Chief Legal Officer, Corporate Secretary and Corporate Responsibility of Winnebago Industries, to its Board of Directors. The addition of Ms. Bogart will strengthen Odyssey's strategic capabilities as it enters its next phase of growth.

Horizon Aircraft Partners with Motion Applied to Advance Hybrid eVTOL's Power System

Formula 1 and electric vehicle equipment expert, Motion Applied, chosen to develop the Cavorite X7's motor drive inverter and to be a key partner through the aircraft's certification process

The Gentlemen Pros Honoured With 2025 Consumer Choice Award for Plumbing Contractors in Southern Alberta

CALGARY, ALBERTA / ACCESS Newswire / December 4, 2025 / The Gentlemen Pros, a trusted family-owned business providing plumbing, heating, and electrical home services, has been honoured with the 2025 Consumer Choice Award in the Plumbing Contractors category for Southern Alberta. This recognition reflects the company's dedication to professionalism, integrity, and customer-focused service across Calgary, Edmonton, Red Deer, and surrounding areas.

Durham Osteopathy Receives 2025 Consumer Choice Award for Osteopathy in Durham Region

WHITBY, ON / ACCESS Newswire / December 4, 2025 / Durham Osteopathy has been awarded the 2025 Consumer Choice Award in the Osteopathy category for Durham Region, recognizing the clinic's dedication to quality care, patient outcomes, and professional excellence. Since opening in 2020, Durham Osteopathy has built a strong reputation for its commitment to restoring balance, reducing pain, and improving overall vitality through classical osteopathic techniques.

Trump scraps Biden's fuel-economy standards, sparking climate outcry

President Donald Trump announced Wednesday a reset of Joe Biden's fuel-economy standards, arguing it will lower US car prices -- but critics warned it would worsen climate change and leave drivers paying more at the pump.

US stocks rise as weak jobs data boosts rate cut odds

Wall Street stocks shrugged off early weakness Wednesday and finished with solid gains after poor US hiring data boosted expectations that the Federal Reserve will cut interest rates next week.

Trump to scrap Biden's fuel-economy standards, sparking climate outcry

President Donald Trump is poised to roll back his predecessor Joe Biden's tough fuel-economy standards, arguing the move will lower car prices even as critics warn it will leave drivers paying more at the pump and accelerate climate change.

Poor hiring data points to US economic weakness

US private-sector hiring data released Wednesday painted a downcast picture of the job market in the world's biggest economy, especially among small businesses.

Germany to host 2029 women's Euros

European football's governing body UEFA on Wednesday announced that Germany will host the women's 2029 European Championship, where England will be the two-time defending champions.

Greek govt warns farmers not to escalate subsidy protest

The Greek government on Wednesday warned farmers against escalating a roadblock protest to demand funds delayed by the investigation into an EU subsidies scandal.

EU agrees deal to ban Russian gas by end of 2027

European Union lawmakers and member states reached a deal Wednesday to ban all imports of Russian gas before the end of 2027, as the bloc seeks to choke off key funds feeding Moscow's war chest.

German lithium project moves ahead in boost for Europe's EV sector

Australia's Vulcan Energy said Wednesday it will soon start building a German lithium production project that will provide enough of the metal for half a million electric car batteries a year.

Stock markets mostly rise awaiting US data

European and Asian stock markets mostly rose Wednesday following a resumption of Wall Street's rally, but gains were muted as investors await the last tranche of US data before next week's Federal Reserve meeting.

Zara owner Inditex posts higher profits

Zara owner Inditex, the world's largest fashion retailer, posted Wednesday higher profits for the first nine months of its fiscal year despite stiffer competition from low-cost clothing outlets like Shein and Primark.

YouTube attacks Australia's world-first social media ban

YouTube on Wednesday attacked Australia's looming social media ban for under-16s as rushed, but the government called the policy a shield to protect children from "predatory" algorithms.

Airbus cuts delivery target over fuselage quality issue

Aircraft maker Airbus said Wednesday it had lowered its 2025 target for deliveries because of fuselage panel quality issues at its flagship model, the A320.

UK seniors fight loneliness with tea and a tango

All gloom was left outside as pensioners bustled into a room in Liverpool's centuries-old town hall for a tea dance, a lively antidote to getting older in Britain.

Indian rupee hits fresh record low past 90 per dollar

India's rupee fell to a fresh record low of over 90 per dollar Wednesday, extending recent declines, with traders partly blaming the delay in striking a trade deal with the United States.

YouTube says Australia social media ban makes children 'less safe'

YouTube on Wednesday attacked Australia's looming social media ban for under-16s, denouncing the world-first laws as "rushed" and saying they will make children less safe online.

Chinese smart glasses firms eye overseas conquest

In China, AI glasses let the wearer pay in shops with just a glance at a QR code and a voice command, as a growing number of companies look to conquer both growing domestic and overseas markets.

Epique Realty Unveils Epique Cloud 2.0: The Future-Ready Command Center for the Modern Agent

New centralized ecosystem synthesizes the brokerage's entire tech stack into a single, data-driven dashboard.

With Major Partnerships Stacking Up, SMX Has Become Impossible to Ignore

NEW YORK CITY, NEW YORK / ACCESS Newswire / December 3, 2025 / The market pays attention in strange ways. It can ignore a breakthrough for years, then recognize its value in a single week. SMX (NASDAQ:SMX) has seen that shift firsthand. The company does not comment on price fluctuations, but it acknowledges a clear surge in global interest. That interest is not random and it is not speculative noise. It is the natural reaction to something the world has been missing for decades. Proof. Industrial-level verification that does not break when metals melt, plastics reform, or supply chains cross borders. SMX built the missing architecture and the world finally noticed the moment it could see it in action.