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Investing.com -- U.S. stock futures slip, as markets on Wall Street prepare to reopen after a holiday on Monday. Earnings from Goldman Sachs and Morgan Stanley will be in focus, along with a speech from Federal Reserve Governor Christopher Waller. Elsewhere, Elon Musk calls for a greater stake in Tesla (NASDAQ:TSLA), saying he would prefer to build products outside the electric carmaker if his holdings are not increased.

OTTAWA (Reuters) — Canada's annual inflation rate rose to 3.4% in December from 3.1% in November, data showed on Tuesday, a sign of stubborn inflation ahead of next week's interest rate decision.

Mahindra & Mahindra has told the government there must be a level playing field between domestic and foreign players and local manufacturing must be promoted, a top executive said, as New Delhi seeks to lure carmakers such as Tesla. Mahindra and Tata Motors have pressed Indian officials privately not to lower import taxes of 100% on electric vehicles and protect domestic firms and their foreign investors as the government reviews Tesla's plans to enter the market, Reuters reported last month. Asked about Tesla's entry and New Delhi's planned policy to lower import taxes, Mahindra Managing Director Anish Shah said his company had made representations to Indian officials saying global EV makers must be nudged to invest in India. «It should be a level playing field and investing in India is important,» Shah told Reuters in an interview at the World Economic Forum annual meeting, without referring to Tesla by name. «Our approach is essentially to create a stronger industry in India, and not to be in a situation where manufacturing is done outside India, and India just becomes an importer of products,» he added. India sold 4 million cars last year and just 82,000 of those were EVs, but the nascent segment clocked sales growth of 115% versus the previous year. Mahindra has raised around $400 million from Singapore's Temasek and British International Investment, while private equity firm TPG and Abu Dhabi state holding company ADQ invested $1 billion in 2021 in Tata. Shah said Mahindra has plans to list its EV unit, but not before 2029 «because we need to be able to show significant success in that business.» «For us, electric is the future,» he said. Tesla has proposed setting up an Indian factory but also demanded

BERLIN (Reuters) — German investor morale improved in January, the ZEW economic research institute said on Tuesday, reporting a rise in its economic sentiment index to 15.2 points from 12.8 points in December.

AFP. Ramaswamy, 38, endorsed his rival, former President Donald Trump. He has previously called Trump the “best president of the 21st century" even as he tried to convince Republican voters that they should opt for “fresh legs" and “take our America First agenda to the next level." The wealthy political outsider also modeled his bid on Trump's run, campaigning as a fast-talking, headline-grabbing populist who relentlessly needled opponents.

Hamas appeared to show the dead bodies of two Israeli hostages on Monday after warning Israel they might be killed if it did not stop its bombardment of Gaza. A new video released by the Palestinian militant group purportedly showed the bodies of Yossi Sharabi, 53, and Itai Svirsky, 38, who had appeared in an initial video on Sunday. It also showed a third Israeli hostage, university student Noa Argamani, 26, seemingly reading a script in front of a blank white wall, saying the two were killed by Israeli strikes. Israel's military spokesperson said there was serious concern regarding the fate of the hostages purported to be dead in the video, while specifying that one of them, whom he identified as Svirsky, was not killed by Israeli fire. «Itai was not shot by our forces. That is a Hamas lie.

China are finding no easy options when it comes to shifting production to cheaper centres elsewhere. Six years ago, monopoly maker Hasbro approached Indian durable goods and aerospace supplier Aequs to sub-contract.

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Former deputy NSA K.T. McFarland discusses the U.S. and U.K. strikes on Houthi forces in Yemen on ‘Maria Bartiromo’s Wall Street.’

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SAO PAULO (Reuters) -Shares in Brazilian airline Gol tumbled on Monday after local newspaper Folha de S.Paulo reported that the company was considering filing for Chapter 11 bankruptcy protection in the United States within the next month.

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Myanmar's Rakhine state, has declared control over the port town of Paletwa, situated on the Kaladan River, sharing borders with India and Bangladesh, as per a Reuters report. This development marks another setback for the military government in its struggle against multiple rebellions across the nation. Myanmar is currently grappling with a widespread insurgency, where anti-junta groups, supported by a pro-democracy parallel government, have successfully taken over various military posts and towns.

QatarEnergy, one of the world's largest exporters of liquefied natural gas, has stopped sending tankers via the Red Sea although production continues, a source with knowledge of the matter told Reuters on Monday. At least four tankers used to carry Qatari LNG were held up over the weekend after U.S. and British forces carried out air and sea strikes on Yemen in response to Houthi attacks on ships in the Red Sea, part of a route that accounts for about 15% of the world's shipping traffic.