BUSINESS
Berkshire’s Abel to receive 19% salary bump in first year as CEO
He is still serving as chairman of the company, whose holdings span insurance companies, utilities, railroads and a stock portfolio valued at $283 billion as of Sept. 30.
MARKETS
MSCI backs off on crypto-exclusion plan but signals wider review
In a statement Tuesday, MSCI said it would maintain current index treatment for so-called digital asset treasury companies, including those where crypto holdings exceed 50% of total assets.
WORLD
Chevron lines up 11 ships as Venezuela’s dark fleet vanishes
The Houston-based company operates in Venezuela under a license granted by the US Treasury Department and it is the only Western firm allowed to produce and export crude oil amid American sanctions.
WORLD
Emerging assets move past Venezuela risk to scale fresh highs
The Chilean peso led gains among peers as copper prices extended rallies. President-elect José Antonio Kast also told business executives that he will nominate Jorge Quiroz as finance minister.
MARKETS
Bond trader places biggest ever fed funds bet in futures market
The trade was struck in the January contracts for a size of 200,000, the largest ever as confirmed by CME Group, and stood out in an otherwise calm market at the start of the year.
BUSINESS
Oracle’s debt ‘unlikely’ to trigger cut to junk grade, UBS says
The software company’s rating could be cut one notch to the lowest investment-grade tier, but worries that Oracle may be dropped to junk status are likely overblown, UBS strategist Matthew Mish said in an interview Tuesday.
MARKETS
US stocks flirt with record as bull run extends
The S&P 500’s 14-day relative strength index also suggests that US stocks might have further room to run, in contrast with other regions that have surpassed levels typically seen as overbought.
BUSINESS
Siemens’ Busch eyes M&A in operations software, AI, life science
“We can imagine doing more there,” Busch said Tuesday in an interview with Bloomberg Television, referring to the firm’s $5.1 billion acquisition last year of Dotmatics, which is enabling AI-driven drug development.
WORLD
Nvidia CEO says he’s ‘perfectly fine’ with billionaires tax
“I’ve got to tell you, I have not even thought about it once,” Huang said Tuesday when asked about the proposed tax on Bloomberg Television.
BUSINESS
China slaps export controls on Japan military for Taiwan remarks
All dual-use items are banned from being exported to Japan for military use effective immediately, China’s Ministry of Commerce said
BUSINESS
Universal partners with Nvidia on AI music creation, discovery
The collaboration between the world’s largest record label and the leading AI chipmaker is the first of its kind, Universal said.
BUSINESS
Fed’s Miran says more than full point of cuts needed in 2026
Fed officials cut interest rates last month for a third consecutive time, but signaled additional near-term reductions aren’t guaranteed.
BUSINESS
Merz says parts of German economy in ‘very critical’ state
Germany’s key car sector has struggled with slumping sales in China, and its troubles have spilled into the rest of the economy.
BUSINESS
China slaps export controls on Japan military for Taiwan remarks
The sweeping restrictions apply to all goods that could enhance Japan’s military capabilities, it said, without elaborating
BUSINESS
McDonald’s rival Jollibee plans US listing for global business
Jollibee said it has hired international and local advisers to work on the spinoff and potential US listing
WORLD
Delcy Rodríguez: Venezuela’s new leader is who global oil wanted all along
An oil minister herself, Delcy Rodríguez has long been the go-to contact for senior executives
MARKETS
Chinese stocks rally to four-year high in strong start to 2026
The benchmark CSI 300 Index advanced as much as 1.2%, reaching its highest level in four years, while the Shanghai Composite Index rose 1.2% to its strongest since July 2015
BUSINESS
Copper hits record above $13,000 as bulls eye US import rush
Benchmark prices surged as much as 1.5% to a record $13,187 a ton on the London Metal Exchange, following a gain of more than 4% on Monday
MARKETS
Asia stocks hold near record levels, treasuries steady
The MSCI Asia Pacific Index rose 0.1%, extending its advance to a fourth day, led by a 1.1% jump for the Topix Index in Japan
BUSINESS
Gold steadies as traders look beyond Venezuela risk to US data
Federal Reserve Bank of Minneapolis President Neel Kashkari said on Monday that interest rates may be close to a neutral level for the US economy, leaving it up to incoming data to guide the central bank’s actions.
TECHNOLOGY
Nvidia CEO says new Rubin chips are on track, helping speed AI
Chief Executive Officer Jensen Huang touted the products during a keynote presentation at the CES trade show in Las Vegas Monday.
MARKETS
Asian stocks poised to extend record global rally
The S&P 500 gained 0.6% while the Nasdaq 100 added 0.8%, with megacaps such as Amazon.com Inc. and Tesla Inc. among the winners.
WORLD
Hedge funds ramped up bullish oil bets ahead of Maduro’s capture
Money managers increased net-long positions on the US benchmark by 2,045 lots to 19,711 lots, the biggest gain in two months, in the week ended Dec. 30, data from the Commodity Futures Trading Commission show.
BUSINESS
Maduro capture puts spotlight on Maha’s Venezuela oil project
“The company had several interactions with trading companies, financial investors and potential partnerships on the development for the field,” Mendonça said. “We are evaluating several options.”
