Bitcoin rebounds to a two-week high of $93,965 amid cautious optimism, despite fragile market sentiment and lingering investor hesitancy after recent crypto downturn.
OpenAI's CEO declares a 'code red' for ChatGPT amid Amazon's AI chip competition and Google's Gemini model, prioritizing ChatGPT enhancements to maintain market leadership.
Putin warns of retaliation as Ukraine's attacks on Russia-linked tankers in the Black Sea escalate, threatening global oil supply and intensifying the conflict's energy dynamics.
South Africa's antitrust body targets Maersk and CMA CGM for alleged shipping price-fixing; simultaneously, financial reforms could unlock $293 billion for economic growth.
OCBC shares hit an all-time high, driven by strong wealth management, while HSBC appoints Brendan Nelson as chair amid ongoing internal restructuring efforts.
Defense Secretary Pete Hegseth faces scrutiny over a controversial military strike in Venezuela and his critique of Senator Mark Kelly, amid rising calls for accountability.
Thanksgiving 2025 sees record holiday participation with 187 million Americans shopping, despite a cautious spending trend amid inflation and economic concerns, shifting dynamics for Black Friday and Cyber Monday sales.
Saudi Arabia plans to maintain high spending on strategic projects, borrowing to offset low oil revenue, aiming for economic diversification and reduced budget deficits by 2027.
HSBC appoints Brendan Nelson as its new chair, succeeding Mark Tucker, amid a strategic transition marked by restructuring and global trade tensions impacting the bank's operations.
Glencore cuts 2026 copper production targets due to industry slowdowns and mine setbacks, while exploring a joint venture with Vale to boost output by 2035.
Vale cuts its 2026 iron ore production forecast amid global supply concerns, while China boosts domestic production, potentially impacting market dynamics and prices.
Macy’s and Dollar Tree boost profit forecasts as consumer spending remains strong despite economic challenges, driven by strategic pricing and operational improvements ahead of the holiday season.