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Citigroup and Bank of America have reported stronger-than-expected first-quarter results, lifting bank shares despite mounting economic uncertainty linked to new tariffs and policy risks. Bank of America shares rose 4.4% and Citigroup gained 3.4% after both lenders beat Wall Street expectations on the back of robust trading activity, resilient consumer spending, and stable credit quality. […]

The Western Australian Government has partnered with General Dynamics Mission Systems to strengthen the state’s defence industry and bolster its economy. This memorandum of understanding aims to integrate local businesses into the Virginia-class submarine supply chain, enhancing workforce skills and knowledge. The Australian Government’s significant investment of over $10 billion in the Henderson Defence Precinct,

Variscan Mines (ASX:VAR) has significantly increased its landholding at the Novales-Udias Project in Spain, now totaling 111.1km², after securing two new licenses. The Ana Isabel and Hipólita licenses, granted by the Government of Cantabria, are valid for three years with a possible three-year extension upon compliance. CEO Stewart Dickson emphasizes the company’s strategy to develop

Savannah Goldfields Limited (ASX:SVG) has announced the appointment of Brad Sampson as its new Chief Executive Officer, effective immediately. Sampson brings over 30 years of international mining experience to the role, including previous CEO positions at ASX-listed Discovery Metals Ltd and Kore Potash Ltd. He also held senior executive roles at Newcrest Mining Ltd. His

Goldman Sachs is advising investors to consider a strategy of holding long positions in gold and short positions in oil as a hedge against a potential global recession spurred by US tariff policies. Daan Struyven, co-head of global commodities research at Goldman Sachs, maintains a structurally bullish outlook on gold, emphasizing its potential to mitigate