BP Pulls Out of Hydrogen Project in Northern England

Silver futures have retreated from record levels after a five-session surge that brought prices to an all-time high. Analysts at Commerzbank have indicated that further increases in silver prices are likely to be limited, reflecting a shift in market sentiment.

Scholastic has agreed to sell its headquarters located in New York City as part of its efforts to streamline its publishing business and monetize its assets. This decision reflects the company's strategic shift in response to changing market conditions.

Oil prices have declined as traders closely monitor ongoing peace talks between Russia and Ukraine, raising concerns about the stability of oil supplies from Venezuela. The January WTI contract has seen a notable drop, reflecting market anxieties over geopolitical tensions and their potential impact on oil production.

Treasury yields remained relatively stable as markets await key economic data ahead of the upcoming Federal Reserve meeting, reflecting a cautious sentiment among investors.

After years of low returns, portfolio managers are beginning to reassess their holdings in commercial real estate, recognizing that current prices may present attractive investment opportunities. This shift indicates a growing confidence in the sector as valuations become more appealing.

U.S. futures fell, ending a five-day winning streak, while the dollar remained weak following a significant selloff in cryptocurrencies, particularly Bitcoin, which has seen a notable downturn recently. This decline in Bitcoin's value has raised concerns among investors and market analysts alike.

BP has officially withdrawn its plans to develop a hydrogen hub in northern England, a decision that reflects the company's shifting focus in the energy sector. This move comes amid increasing scrutiny and challenges in the renewable energy market.

Endeavour Mining has announced its ambitious target to discover between 12 to 15 million ounces of mineral resources over the next five years, with an exploration budget of approximately $540 million and expected discovery costs below $40 per ounce. This strategic initiative aims to significantly enhance the company's resource base.