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COPENHAGEN (Reuters) -Denmark said on Monday it would spend 14.6 billion Danish crowns ($2.05 billion) boosting its military presence in the Arctic, following renewed interest by U.S. President Donald Trump in controlling Greenland, a semi-autonomous Danish territory. This month, Trump said Greenland is vital to U.S. security and Denmark must give up control of the strategically important Arctic island. Following more than a decade of drastic cuts in defence spending, last year Denmark allocated 190 … Read more…

By Jonathan Stempel NEW YORK (Reuters) – Citigroup can force military personnel to arbitrate claims that its Citibank unit charged unfairly high interest rates on their credit card balances after they returned to civilian life, a federal appeals court panel ruled on Monday. Reversing a trial judge, the 4th U.S. Circuit Court of Appeals in Richmond, Virginia, said Congress did not intend when adopting the Servicemembers Civil Relief Act (SCRA) to override a federal law … Read more…

By Aditya Soni and Zaheer Kachwala (Reuters) – Chinese startup DeepSeek’s cheaper AI is sharpening investor scrutiny of the billions U.S. tech giants are pouring to develop the technology and analysts say it will dominate this week’s much-awaited results from industry bellwethers. DeepSeek has claimed it took just two months and cost under $6 million to build an AI model using Nvidia’s less-advanced H800 chips. An app powered by the V3 model became the top … Read more…

By Anushree Mukherjee (Reuters) – Gold prices look set for a record-breaking 2025 as heightened economic uncertainty and inflation concern under U.S. President Donald Trump’s second term boost demand, despite dollar strength and reduced Federal Reserve rate-cut expectations. The poll of 36 analysts and traders returned a median forecast of $2,756 per troy ounce of gold in 2025, up from $2,674 predicted in a poll three months ago. Spot gold prices hit a record high … Read more…

LONDON (Reuters) – Bitcoin fell below $100,000 on Monday, hitting its lowest in 11 days, in a move analysts attributed to a wave of caution after the surging popularity of a Chinese artificial intelligence model sparked a selloff in Western AI-related stocks. The world’s biggest cryptocurrency struggled to make gains last week, as a rally that had seen it break above $100,000 after U.S. President Donald Trump’s election ran out of steam. At 1156 GMT, … Read more…

By Erin Banco NEW YORK (Reuters) – The Palestinian militant group Hamas has recruited between 10,000 and 15,000 members since the start of its war with Israel, according to two congressional sources briefed on U.S. intelligence, suggesting the Iran-backed fighters could remain a persistent threat to Israel. The intelligence indicates a similar number of Hamas fighters have been killed during that period, the sources said. The latest official U.S. estimates have not been previously reported. … Read more…

By Hannah Lang and Trevor Hunnicutt (Reuters) -U.S. President Donald Trump on Thursday signed an order to create a cryptocurrency working group, fulfilling a campaign promise after he courted cash from digital asset companies pledging to be a “crypto president.” The crypto advisory council is expected to advise on digital asset policy, work with Congress on crypto legislation, help establish Trump’s promised bitcoin reserve and coordinate between agencies including the Securities and Exchange Commission, Commodity … Read more…