BUSINESS
Boeing asks FAA to waive emissions rule for 777 freighter
In filing with the US regulator on Friday, Boeing asked for approval to make an additional 35 of its classic 777 freighter models starting in 2028 until a newer model is ready to enter the market.
BUSINESS
Musk 2018 Tesla pay plan reinstated after 7-year legal fight
When Tesla directors first authorized the payout, it was the biggest ever for a US executive. It’s since been eclipsed by a separate plan that could be worth an additional $1 trillion for the Tesla chief executive officer if he hits future performance targets.
WORLD
China’s rare-earth magnet exports to US decline in November
Shipments to the US totaled about 582 tons, compared with 656 tons in October, according to Chinese customs data published on Saturday.
INDIA
PM Modi fast-tracks reforms to shield economy from US tariffs
After a sluggish start to the year, the Modi government has moved decisively over the past four months, cutting consumption taxes and implementing overhauled labor codes — policy changes that businesses have long sought.
BUSINESS
Sanctioned tanker Hyperion to test Trump’s blockade of Venezuela
The US says it is part of a fleet of so-called ghost vessels used to prop up Russia’s energy sector by moving crude and petroleum products in ships that sail undetected because they often turn off and spoof transponder signals.
BUSINESS
Nvidia discount to chip index at historic levels, Bernstein says
Relative to the chip index, Nvidia “currently trades at a ~13% discount, in the first percentile,” wrote analyst Stacy Rasgon.
BUSINESS
TikTok owner ByteDance on track for $50 billion profit in 2025
ByteDance is now close to finalizing a plan to hive off the video service in the US, which will ensure the platform survives while loosening the Chinese company’s control.
BUSINESS
Two ex-bankers convicted over €45 million in Fortis tax fraud deals
ABN Amro NV, which later took over the part of Fortis that carried out the trades, has returned the illicit proceeds to German tax authorities.
BUSINESS
Bitcoin volatility rises ahead of $23 billion options expiry
Bitcoin’s overall market value saw price swings of over $130 billion within an hour during US trading on Wednesday, triggering a cascade of both long and short liquidations.
BUSINESS
Adani Group plans nuclear energy foray as govt allows private firms: Report
The Adani Group has been in discussions with officials in the Uttar Pradesh government to build eight 200-megawatt small modular reactor, says report
BUSINESS
Bubbles and boring bets: What’s coming for tech stocks in 2026
With the bull market in US stocks stretching into a fourth year, there are more concerns than ever about the sustainability of heavy spending on AI computing and whether the returns will justify the investments.
BUSINESS
TikTok says it signed agreements for new US joint venture
TikTok Chief Executive Officer Shou Chew told employees that the company and ByteDance signed binding agreements to create a US joint venture majority-owned by American investors
BUSINESS
The online scam that hits travelers at their most distracted
Reported losses from business-impostor scams in the US rose 30%, to $835 million, in the first three quarters of 2025, compared with $644 million in the first three quarters of 2024, according to the FTC
INDIA
India’s big-bang financial reforms target wave of foreign money
The drive to attract foreign capital has gained urgency after US President Donald Trump slapped tariffs of 50% on Indian goods in August
BUSINESS
Adani Airport unit to invest $11 billion, seeks partner pre-IPO
Adani Airport Holdings already operates seven airports, including at Mumbai and Ahmedabad. It is now targeting 11 airports slated for privatization, Jeet Adani said.
COMPANIES
Boutique bankers build a fortune on sale of Avendus Capital
On Wednesday, Mizuho Financial Group Inc. said it will acquire KKR & Co’s more than 60% stake in the Mumbai-based investment bank
BUSINESS
Goldman, JPMorgan see India’s record IPO boom extending to 2026
Kotak Mahindra Capital Co. and Goldman Sachs Group Inc. expect next year’s IPO fundraising to reach as much as $25 billion
IPO
ICICI Prudential AMC debuts in India as global investors pile in
The stock is expected to list at a premium of about 15% to the IPO price on Friday
MARKETS
Asian shares gain as US CPI boosts stocks, bonds
Shares in Japan and Australia climbed along with Hong Kong equity futures, following an 0.8% gain for the S&P 500 and a 1.5% rally for the Nasdaq 100 on Thursday.
BUSINESS
China has bought more than half the soybeans it promised from US
The tally follows a wave of buying from Sinograin, the state company in charge of managing China’s strategic grain reserves.
WORLD
US troops face ‘unsanitary’ border condition, watchdog finds
The problems include “leaking raw sewage, non-functional toilets, and general disrepair of facilities,” according to the report
BUSINESS
US core CPI unexpectedly eases to slowest pace since 2021
The core consumer price index, which excludes the often-volatile food and energy categories, increased 2.6% in November, according to Bureau of Labor Statistics data out Thursday
BUSINESS
Lufthansa lands $400 million windfall 747 sale to US Air Force
The Boeing Co. 747-8 planes will be used for training and parts as the company works on next-generation versions of Air Force One, the Air Force said.
BUSINESS
Gold steadies near record as platinum extends meteoric climb
Platinum extended a breakneck rally, surging close to $2,000 an ounce before paring gains.
