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Asian stocks to rise before payrolls, oil jumps

WORLD

Asian stocks to rise before payrolls, oil jumps

The dollar was slightly stronger Thursday, while oil moved higher as investors monitored developments in Venezuela and Iran. Silver retreated further from its record struck earlier in the week, while gold inched higher.

Meta hires former DOGE, Trump election lawyer as lobbyist

BUSINESS

Meta hires former DOGE, Trump election lawyer as lobbyist

Bill McGinley’s high-profile hire is the latest indication of the company’s increasingly cozy relationship with President Donald Trump and his administration.

Microsoft founder Allen’s estate sells stake in $11 billion firm

WORLD

Microsoft founder Allen’s estate sells stake in $11 billion firm

Allen’s estate last year agreed to sell the Trail Blazers to a group led by investor Tom Dundon, adding to earlier disposals of his art collection as well as a 414-foot superyacht, Octopus.

Boeing CEO sees more work on company turnaround in 2026

BUSINESS

Boeing CEO sees more work on company turnaround in 2026

Boeing got an added boost when long-time customer Alaska Air Group Inc. unveiled the largest airplane order in its history on Wednesday.

US spy chief Gabbard excluded from Maduro plan over past views

WORLD

US spy chief Gabbard excluded from Maduro plan over past views

As a Democratic congresswoman in 2019, Gabbard said the US needs to “stay out” of Venezuela, and as recently as last month she railed against “warmongers” pushing the US into conflict.

Post-Maduro 124% rally stuns Venezuela’s battered stock exchange

WORLD

Post-Maduro 124% rally stuns Venezuela’s battered stock exchange

Apart from being shallow — with a total market capitalization of $22.5 billion at the official exchange rate and fewer than 40 listed companies — local stocks also face regulatory hurdles and currency concerns that hinder both local and foreign investment.

Trump's Venezuela meeting is shaping up to be a who's who of us oil

BUSINESS

Trump's Venezuela meeting is shaping up to be a who's who of us oil

Exxon and ConocoPhillips previously operated there but left after their assets were nationalized by Maduro’s predecessor, Hugo Chávez, in the mid-2000s.

Dollar defies Trump turmoil, rising with focus on the fed’s path

CURRENCY

Dollar defies Trump turmoil, rising with focus on the fed’s path

Traders ratcheted up their bets against the US currency heading into the new year, wagering it would be dragged down again as the Federal Reserve cuts interest rates, giving global investors incentive to shift cash to places where payouts are higher.

Trump cuts shrink federal workforce across nearly all agencies

WORLD

Trump cuts shrink federal workforce across nearly all agencies

The new system will report changes monthly. OPM is also releasing monthly statistics — like retirement eligibility, performance scores and telework — that were often inconsistently reported across agencies.

China to approve Nvidia H200 buying as soon as this quarter

BUSINESS

China to approve Nvidia H200 buying as soon as this quarter

However, the H200 chip will be barred from the military, sensitive government agencies, critical infrastructure and state-owned enterprises due to security concerns

HSBC agrees to pay €300 million to end French tax dividend probes

BUSINESS

HSBC agrees to pay €300 million to end French tax dividend probes

HSBC said in court on Thursday that the bank acknowledges the underlying facts, which involved transactions carried out by traders in Paris between 2014 and 2019

Germany and India on verge of $8 billion submarine agreement

INDIA

Germany and India on verge of $8 billion submarine agreement

The agreement, negotiated ahead of Chancellor Friedrich Merz’s visit to the South Asian nation next week, would for the first time include technology transfer for submarine production,

US unveils strategy on Venezuelan oil, spurring sudden rush for access

WORLD

US unveils strategy on Venezuelan oil, spurring sudden rush for access

The return of Venezuelan barrels to US buyers could mark one of the most significant shifts in global energy markets in recent years

No room for another superpower: Trump opens new front against China with Maduro arrest

WORLD

No room for another superpower: Trump opens new front against China with Maduro arrest

The US military’s raid on Venezuela marked an audacious debut of what Trump has called the 'Donroe Doctrine'

Ford hints at robotaxis with plans for eyes-off-road technology

BUSINESS

Ford hints at robotaxis with plans for eyes-off-road technology

Ford said Wednesday it will launch so-called Level 3 autonomy in 2028 on its Blue Cruise driver-assist feature that currently allows drivers to take their hands off the wheel, but requires them to keep their eyes on the road

Patients gain weight faster coming off obesity drugs than after a diet

WORLD

Patients gain weight faster coming off obesity drugs than after a diet

People return to their original weight in less than two years after stopping weight-loss treatments as they regain about 0.4 kilos (0.9 pounds) on average each month

US Justice dept digs in on the dueling takeover bids for Warner Bros.

BUSINESS

US Justice dept digs in on the dueling takeover bids for Warner Bros.

Warner Bros. on Wednesday again rejected Paramount’s bid as insufficient, opting to stick with Netflix’ offer

Asia stocks fall as optimism fades, US bonds hold gains

WORLD

Asia stocks fall as optimism fades, US bonds hold gains

Stocks opened lower in Japan and South Korea. A gauge of global stocks and the S&P 500 Index both posted their first declines of 2026 on Wednesday

Jefferies takes $30 million hit on First Brands as profit drops

BUSINESS

Jefferies takes $30 million hit on First Brands as profit drops

Net earnings for the fiscal fourth quarter declined 7.2% from a year earlier to $191 million, Jefferies said in a statement Wednesday.

Samsung posts record profit after AI supercharges memory market

BUSINESS

Samsung posts record profit after AI supercharges memory market

South Korea’s largest company reported a preliminary operating profit of 20 trillion won ($13.8 billion) in the December quarter, compared with the average analyst estimate for 17.8 trillion won.

De Beers bets on India’s rich to boost natural diamond demand

BUSINESS

De Beers bets on India’s rich to boost natural diamond demand

India is now the firm’s second-largest market after the US. Long a hub for cutting and polishing rough stones, the country is increasingly central to its consumer-driven growth strategy.

Asian stocks set to fall as 2026 momentum fades

WORLD

Asian stocks set to fall as 2026 momentum fades

Global affairs remained in focus as US forces seized two more sanctioned oil tankers as part of its energy quarantine of Venezuela. European leaders closed ranks behind Denmark as President Donald Trump amplified threats to seize Greenland.

Trump says Venezuela to purchase US goods with oil deal revenue

BUSINESS

Trump says Venezuela to purchase US goods with oil deal revenue

Trump has been pressuring Venezuela’s interim leader, Delcy Rodriguez, to increase economic ties with the US after last weekend’s operation to capture strongman Nicolas Maduro.

Exxon says oil slump cut $1 billion from fourth-quarter results

BUSINESS

Exxon says oil slump cut $1 billion from fourth-quarter results

Exxon is the first of the oil supermajors to report quarterly guidance just weeks before the reporting season is scheduled to kick off.

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