Starlink aims to expand in Namibia, challenging local ownership laws. Meanwhile, the EU defends a hefty fine on Musk's platform amid criticism from Musk and Trump.
Trump accuses European leaders of insufficient action in Ukraine, highlights Russia's military advantage, and pressures Europe to halt Russian oil imports amid rising EU tensions.
AI startup Fal secures a $4.5 billion valuation after a $140 million funding round led by Sequoia Capital, highlighting growing interest in AI technologies.
Bidding war for Warner Bros. intensifies as Paramount offers $108.4 billion, challenging Netflix's deal. The outcome could radically reshape the entertainment landscape.
Billionaire Howard supports Abu Dhabi's ambition to rival London as a global financial hub, highlighting its growing workforce, pro-business environment, and strategic investments, despite infrastructure challenges.
President Trump backs Kevin Hassett for Federal Reserve chair as dovish policies boost emerging market currencies, sparking concerns among bond investors over potential interest rate cuts.
Despite marketing controversies, retailers see record Thanksgiving sales, boosted by heightened consumer confidence and spending, especially among higher-income earners, maintaining positive retail momentum.
As the S&P 500 rebounds, the tech sector lags due to valuation pressures and reliance on AI, prompting interest in mid-caps, consumer services, and IT services.
UK Prime Minister Keir Starmer plans a January visit to China, aiming to mend diplomatic and economic ties amidst tensions over espionage and national security issues.
Silver prices spiked 17% amid Fed policy speculation but retreated ahead of key US economic data releases. Lower interest rates and supply tightness support metal's volatility.
HSBC names Brendan Nelson as chair, succeeding Mark Tucker amid challenges such as geopolitical tensions and restructuring, emphasizing strategic leadership during the bank's transformative phase.
Glencore revises its 2026 copper production forecast amid a strategic joint venture with Vale in Canada, responding to rising demand due to global electrification.