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Elise Stefanik suspends New York governor campaign, won't seek reelection

Moments after Stefanik's surprise statemement, Trump described her on social media as a "fantastic person" and "tremendous talent"

Ex-Trump adviser Powell McCormick steps down from Meta board after 8 months

Powell McCormick, who served as Trump's deputy national security adviser during his first term, is considering retaining an advisory role where she continues working with Meta's senior leadership team

US trade chief criticises India, EU as negotiations drag on into 2026

He also said negotiations with India that began earlier this year still haven't resulted in an agreement - noting that the US had concluded deals with a slew of other partners

Yale, US universities plan student loan options as Trump caps grad debt

Graduate student loans account for half of the outstanding $1.7 trillion federal student loan portfolio, according to the Education Department

Mystery surrounds motive in Brown, MIT killings after suspect found dead

With no clear explanation, anxiety is still festering in Providence and Brookline, two communities that up until now had largely avoided such traumatic bursts of violence

US Department of Justice appeals dismissal of James, Comey indictments

The Justice Department had said earlier it would appeal Currie's ruling, but since then, prosecutors have tried and failed twice to convince other grand juries to approve the charges against James

US launches retaliatory strikes on 70 targets in Syria after Trump threat

The US Central Command said that fighter jets, attack helicopters and artillery targeted ISIS infrastructure and weapon sites

Avendus Capital founders eye $35 million each after Mizuho Financial deal

The deal shows how finance founders in India are getting rich as the sector's rapid growth attracts a wave of mergers and stock listings

EU leaders agree to $106 bn loan to Ukraine for 2026-2027 amid peace hopes

EU leaders were under intense pressure to agree to the massive loan for Ukraine at the make-or-break summit after months of talks failed to break the deadlock over the contentious plan

Adani plans nuclear energy foray after private firms get OK to enter sector

The plan, part of efforts by Asia's second-richest man to broaden his renewable portfolio, would give the conglomerate about 1,600 MW of nuclear capacity

Adani's airport unit plans $11 bn investment, seeks partner ahead of IPO

Adani Airport Holdings currently operates seven airports, including those in Mumbai and Ahmedabad, and is now targeting 11 more airports slated for privatisation, Jeet Adani said

India's big bang financial reforms open doors to wave of foreign capital

In the latest step, lawmakers passed a bill this week allowing up to 100 per cent foreign ownership of insurance firms, bolstering an industry long viewed as under-penetrated and capital-starved

Goldman, JPMorgan expect India's record IPO boom to continue in 2026

Kotak Mahindra Capital Co and Goldman Sachs Group Inc expect next year's IPO fundraising to reach as much as $25 billion, representing an increase of roughly 14% from the current year's level

Japan should have nuclear weapons, PM's security adviser reportedly says

The official cited Japan's worsening security environment, pointing to China's expanding nuclear arsenal, Russia's nuclear threat and North Korea's ongoing development of nuclear weapons

Asia sees Mexico's sweeping 50% tariffs as building Trump's new trade wall

For the countries affected by the new rates out of Mexico City, this is a sobering reminder that they have more than just the US president to deal with

BP's sudden CEO change shocks investors, signals shift in company strategy

Auchincloss had been in the chief executive role less than two years and just this February had unveiled a strategic reset. His replacement will be Meg O'Neill

Australia to start gun buyback programme after Bondi Beach terror attack

Australian Prime Minister Anthony Albanese on Friday announced the government will introduce legislation to help fund the buyback

Nasa chief fuels SpaceX-Blue Origin rivalry as US eyes return to moon

Both SpaceX and Blue Origin hold contracts with Nasa to build lunar landers for the agency's Artemis program

US core inflation unexpectedly eases to slowest pace since 2021

The report was complicated by the federal government shutdown, which prevented the BLS from collecting much of the October price data

Venezuela inflation soars 500% as Trump intensifies pressure on Maduro

The inflation rate soared to 556 per cent in the 12 months through Dec. 17, up from 219 per cent at the end of June and 45 per cent in 2024, according to a weekly index compiled by Bloomberg News