WORLD
Trump says Russia is stronger in Ukraine as he chides Europe
Last week, a US national security strategy document signed by the president said European governments “hold unrealistic expectations for the war.”
BUSINESS
Spot silver climbs to $60 per ounce for first time
Traders remain cautious about taking silver out of the US on tariff concerns after it was added to the US Geological Survey’s critical minerals list.
WORLD
China executes second ex-Huarong executive for taking over $156 million bribe
Bai Tianhui, a former general manager at the firm, was executed Tuesday by a court in Tianjin city following the approval of the Supreme People’s Court, China Central Television reported.
BUSINESS
Trump says rate cut will be litmus test for new Fed chair
Trump responded “yes” when asked in an interview with Politico if a quick reduction of borrowing costs would be a litmus test for his handpicked central bank leader.
BUSINESS
Paramount's bid for Warner Bros. features obscure Abu Dhabi firm
Set up relatively recently, government-owned L'imad is among financing partners supporting the Paramount bid, according to a regulatory filing Monday.
BUSINESS
Gold steady as investors focus on US rate policy next year
Swap traders are expecting a quarter-point rate cut by the Fed but are now leaning toward two further moves by the end of 2026, down from three signaled barely a week ago.
BUSINESS
Property developer RMZ Corp said to weigh $1 billion IPO
The Bengaluru-based company has held preliminary discussions with bankers about a potential listing
WORLD
Hermes billionaires’ family office quietly starts new offshoot
Krefeld, named after the town in Germany where ancestor Thierry Hermes was born, has created a separate company called Breithorn Holding that can oversee fund and asset management
WORLD
Saudi Arabia extends alcohol sales to higher-earning residents
Residents must prove their income by showing a salary certificate to gain entry to the country’s only liquor outlet, located in Riyadh
BUSINESS
Berkshire finance chief to retire as post-Buffett era approaches
Marc Hamburg will end his 40-year tenure at the firm in 2027 and hand over his role as chief financial officer next year to Charles Chang, according to a statement Monday.
BUSINESS
Blinkit CEO warns India’s quick commerce bubble may be close to bursting
Global investors including SoftBank Group Corp., Temasek Holdings Pte. and Middle Eastern sovereign funds have poured billions into the sector
WORLD
Famed bear Michael Burry says he’s bullish on Fannie and Freddie
Shares of Fannie Mae rose 2% Monday, while Freddie Mac climbed 2.4%. The pair, which trade over-the-counter and are prone to volatile swings, have added about 12% since late November
BUSINESS
Behind Paramount's bid for Warner Bros: A team of billionaires, banks and Trump's son-in-law to beat Netflix
The names are notable as much for their size as well as their proximity to President Donald Trump
WORLD
Paramount’s streaming size would ease US antitrust review for Warner Bros deal
Paramount, the parent of CBS, MTV and other media businesses, is offering to buy all of Warner Bros., including its stable of TV networks that include CNN, TNT and the Discovery Channel
BUSINESS
Stocks in Asia edge lower as Fed anxiety builds
Chip stocks in Asia were in focus after Nvidia Corp. was granted permission by President Donald Trump to ship its H200 artificial intelligence chip to China in exchange for a 25% cut of the sales.
BUSINESS
Stocks and Bonds Slide at Start of Big Fed Week: Markets Wrap
BUSINESS
Trump warns Netflix-Warner deal may pose antitrust ‘problem’
Netflix has “a very big market share, and when they have Warner Brothers, you know, that share goes up a lot,” the president said, adding that he will be personally involved in the decision-making process.
BUSINESS
Powell’s vote-gathering challenge shows test for next Fed chair
This year’s rate cuts have each come with dissenting votes. Three policymakers are expected to do so again at the central bank’s last gathering of the year.
INDIA
IndiGo loses $4.5 billion value as govt signals strict action
The steer from Narendra Modi-led government follows local aviation regulator’s demand over the weekend that its Chief Executive Officer Pieter Elbers explain what lead to the fiasco.
BUSINESS
How brutal profit pursuit led to India’s top airline unraveling
The aviation fiasco pushed parent InterGlobe Aviation Ltd.’s shares down by as much as 7.6% on Monday, on course for its biggest plunge in over a year, and marking a seventh day of selling that’s cumulatively shaved off $4.3 billion from the company’s market value.
WORLD
Saudi Arabia extends alcohol sales to higher-earning residents
There have been no official communications about the changes and the government didn’t immediately respond to a request for comment on Monday.
INDIA
India targets $45 billion space economy driven by private firms
PM Modi has intensified efforts to close the gap with countries such as China, which already operates its own space station and aims to send astronauts to the moon by 2030
BUSINESS
Ex-Nvidia manager is billionaire after blockbuster China IPO
Moore Threads shares closed about 1% lower in Shanghai on Monday.
BUSINESS
Unilever’s ice cream spinoff Magnum opens below reference price
Magnum shares opened at €12.20 in Amsterdam on Monday, below the technical reference price of €12.80 announced on Friday. Shares are also set to start trading in London and New York as part of its triple listing.
