Scholastic to Sell NYC Headquarters as Part of Turnaround Efforts

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.

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.

BP has officially withdrawn its application to develop the H2Teesside hydrogen project in Northern England, citing a competing proposal for a data center on the same site. This decision reflects a significant shift in the company's strategic focus within the renewable energy sector.

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.

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.

Scotland is set to issue its first bonds in over 300 years, referred to as 'kilts', which aims to help the nation move past historical financial challenges linked to its independence. This initiative marks a significant step in Scotland's financial autonomy and economic strategy.