BUSINESS
Amazon offers test of ‘ultrafast’ delivery in two US cities
The fee will start at $13.99, discounted to $3.99 for Prime members, Amazon said
BUSINESS
China’s yuan set for best year since 2020, defying trade strains
The offshore yuan has strengthened by nearly 4% in 2025 as the authorities have supported the currency through their daily fixings, a rally in China stocks has lured inflows, and the dollar has weakened.
BUSINESS
Airbus to inspect hundreds of A320 jets for defective panels
A total of 628 jets contain panels that may be too thick or too thin due to a manufacturing issue at a supplier, Airbus told A320 customers in a roughly hour-long presentation last week.
BUSINESS
Silver retreats from record high on concerns of overheating
The rally in silver – which rose more than 8% over the previous two sessions – has been fueled by bets on prolonged supply tightness.
BUSINESS
Crypto downturn wipes out almost $1 billion in levered bets
Bitcoin slid as much as 8% to $83,824 in New York, bringing its decline since early October to almost 30%.
BUSINESS
Asian stocks edge up, Japan bond auction in focus
Bitcoin edged lower to trade around $86,400 after losing more than 5% on Monday.
WORLD
DeepSeek debuts new AI models to rival Google and OpenAI
DeepSeek, which stunned the tech world in January with a breakthrough AI model, had earlier described the experimental version of the model as a step toward next-generation artificial intelligence.
WORLD
EU warns US against pressuring Ukraine over Russia on peace plan
The EU’s top diplomat warned that US pressure on Ukraine to accept a hasty peace deal risks rewarding Russia’s aggression.
WORLD
US, UK announce deal on pharmaceutical tariffs, drug pricing
The Times newspaper first reported the UK is preparing to announce the deal. The Department for Business and Trade didn’t respond to a request for comment.
CRYPTOCURRENCY
Bitcoin plunges to below $85,000 in risk-off start to December
After the latest bout of selling on Monday, traders are bracing for bigger moves lower.
BUSINESS
Airbus finds quality issues on A320 panels that need inspection
Airbus said the source of the issue has been identified and contained, and that newly produced panels conform to all requirements.
BUSINESS
Temasek-backed Atomberg is said to plan $200 million India IPO
The IPO is likely to comprise a mix of new share issuance and secondary sales by existing investors, and could come as early as next year
INDIA
Guyanese oil on 18,000-km long voyage to India to replace Russian barrels
The Very Large Crude Carriers Cobalt Nova and Olympic Lion left the South American nation in the last days of November
BUSINESS
China’s private home-sale data vanishes after Vanke turmoil
The delayed data disclosure comes after Vanke — long considered one of the sector’s healthier firms — sought to postpone repayment on a local bond for the first time last week
BUSINESS
Traders in India pin hopes on RBI bond purchases to drive gains
The Reserve Bank of India may acquire about Rs 2 lakh crore ($22.4 billion) of bonds next quarter, according to Bandhan AMC Ltd
WORLD
Severe storms kill nearly 1,000 in Southeast Asia, Sri Lanka
Three tropical cyclones, coinciding with the northeast monsoon which typically brings heavy downpours to Southeast Asia this time of year, have caused widespread destruction in the region
BUSINESS
Silver hits fresh record after trading outage, supply tightness
The precious metal rose as much as 1.4% to $57.29 in the spot market, surpassing a peak struck on Friday
WORLD
US says Ukraine talks productive as Witkoff heads to Russia
The meeting, which took place in Florida with US special envoy Steve Witkoff and Jared Kushner also in attendance, was likely the last chance for Ukraine’s negotiators to sway Witkoff before he leads a US delegation for talks in Russia this week.
BUSINESS
Bitcoin plunges to below $88,000 in risk-off start to December
The crypto market is on shaky ground after a weeks-long selloff that began when some $19 billion in levered bets were wiped out in early October, just days after Bitcoin set an all-time high of $126,251.
BUSINESS
Asian stocks fluctuate, oil rises on OPEC+ move
A gauge of Asian equities fluctuated in early trading after capping its best weekly advance in about two months.
BUSINESS
Trump says he has made his choice to lead the Federal Reserve
“I know who I am going to pick, yeah,” Trump told reporters on Air Force One on his way back to Washington, without naming his choice. “We’ll be announcing it.”
INDIA
India said to pitch new arms deal with Russia during Putin visit
India has over 200 Russian fighter jets and several batteries of the S-400 defence shield, which were used during the four day conflict with Pakistan in May.
BUSINESS
Black Friday sales rise, signaling US consumers’ resilience
Retail sales, excluding autos, increased 4.1% on the day after Thanksgiving, according to data from Mastercard SpendingPulse. That surpasses last year’s 3.4% growth.
WORLD
US Congress orders probe of Hegseth boat order: Report
The Post reported earlier that Hegseth had given a spoken order that all people aboard the boat be killed, citing people who had spoke on the condition of anonymity.
