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Reliance Industries seeks up to $3 bn loan to refinance debt due in 2025

About half a dozen banks are in discussions with the Indian conglomerate for the loan, which would be syndicated to wider market in the first quarter of 2025

European Union on collision course with Trump on Big Tech crackdown

The most immediate dilemma for the EU may be how to approach the X platform

China's solar equipment industry looks to Opec for guide to survival

The accord comes as China's solar industry contends with overcapacity, heightened geopolitical tensions and slowing demand

Pressure mounts on French President Macron to name a new prime minister

Sense of urgency comes days after Marine Le Pen's far-right National Rally joined a left-wing coalition to topple the government, leaving France's political system in disarray

Donald Trump's EV skepticism threatens $54 billion in Korean investments

Trump has long criticised President Joe Biden's efforts to subsidize EVs through his landmark energy bill

PM Keir Starmer plans reform of UK state in bid to counter criticism

Starmer's reset moment, including six 'milestones' designed to be tools to measure the government's progress, instead triggered more disquiet and confusion about his strategy

'Disease X' outbreak spreads more as UN sends health team to Congo

Outbreak is centered in a remote rural area of Kwango province, where poor road conditions and heavy rains mean it takes nearly 48 hours to reach from Kinshasa

Syria crisis: Assad's fall has world watching for more Middle East chaos

The world is still grasping the speed of events in recent days, and the collapse of a ruling dynasty that laid waste to the country during a catastrophic civil war

More turmoil in South Korea as prosecutor set to probe Prez Yoon: Report

"The president will not be involved in any state affairs including diplomacy before his exit," Han Dong-hoon

Big cheques, big roles: Major Trump donors bag key federal positions

The biggest donor by far for the entire election cycle, Elon Mus, poured $75 million into the pro, Trump super political action committee

Hong Kong's IVF rules send people into black market for eggs, embryos

At a time Hong Kong is trying to reverse one of world's lowest birth rates, residents seeking to have a baby outside of traditional means are running into strict rules on fertility treatments

A $500 billion haul reignites passive controversy on Wall Street

Contrary to popular claims that price-agnostic money is fuelling market distortions by blithely lavishing capital just to largest companies, a Goldman Sachs Group study showed the role of fundamentals

US hiring rebounds, but rising unemployment keeps Fed rate cut alive

Nonfarm payrolls rose 227,000 last month following an upwardly revised 36,000 gain in October according to Bureau of Labor Statistics figures released Friday

RBI raises rates for non-residents to attract forex, halt rupee losses

The move comes as the monetary authority has been using its foreign-exchange reserves to slow the pace of the drop in the rupee

Japan looks forward to talks with Trump that include cutting auto tariffs

US was Japan's biggest export destination in 2023 with cars and auto parts making up a third of shipments, according to Japan's Finance Ministry

World's richest man Elon Musk is now America's biggest political donor

Musk put in at least $274 million into political groups in 2024, fueling a spree that helped Donald Trump win the presidential election

Cause of 'Disease X' investigated after it killed 79 people in Congo

Almost 200 of the 376 afflicted with a flu-like illness are younger than five, said Jean Kaseya, director of the Africa Centres for Disease Control and Prevention

Eli Lilly to boost weight-loss drug supply with $3 billion expansion

The company's s blockbuster weight-loss and diabetes drugs have made it the most valuable pharmaceutical company in the world

Elon Musk's xAI raises $6 billion, wraps up latest round of funding

The equity financing came from 97 investors, and includes stakes as small as $77,593

Donald Trump ran out the clock on 2020 election civil rights lawsuit

It's the latest fallout for Trump's courtroom adversaries after his election win in November