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Bloomberg
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Japanese buyers snap up New York, London buildings in spending spree
A Manhattan skyscraper, data centers in Toronto and office buildings in London are among the assets that Japanese companies and pension funds have scooped up this year
 "Japanese buyers snap up New York, London buildings in spending spree")
Humanity on the verge of crossing 5 climate 'tipping points', warns report
An international team of more than 200 researchers identified 26 natural processes or features at risk of being suddenly and irreversibly disrupted by climate change, including ice sheets
 "Humanity on the verge of crossing 5 climate 'tipping points', warns report")
Murky use of private credit funds may invite harsh regulatory scrutiny
Investors who pooled money were issued senior securities, earning them interest
 "Murky use of private credit funds may invite harsh regulatory scrutiny")
Moody's cuts outlook on China's sovereign bonds to negative on rising debt
Moody's lowered its outlook to negative from stable while retaining a long-term rating of A1 on the nation's sovereign bonds, according to a statement
 "Moody's cuts outlook on China's sovereign bonds to negative on rising debt")
Meta Platforms, IBM create industrywide AI alliance to share technology
"We believe it's better when AI is developed openly - more people can access the benefits, build innovative products and work on safety," said Nick Clegg, Meta's president of global affairs
 "Meta Platforms, IBM create industrywide AI alliance to share technology")
AT&T taps Ericsson for $14 billion wireless network revamp, ousting Nokia
It was a major blow to Finnish rival Nokia, whose shares tumbled 10 per cent on Tuesday in Helsinki trading
 "AT&T taps Ericsson for $14 billion wireless network revamp, ousting Nokia")
Adani Group stocks soar as US dubs Hindenburg allegations irrelevant
Value of GQG's investment up 75% to $7.5 bn
 "Adani Group stocks soar as US dubs Hindenburg allegations irrelevant")
India, UK seek to wrap up trade negotiations before busy election year
It's the 13th round of negotiations on a deal intended to expand a trading relationship that was worth more than $24 billion last year
 "India, UK seek to wrap up trade negotiations before busy election year")
Surging gold prices prompt Indians to recycle jewellery for weddings
"Wedding purchases are happening as they are inevitable," said Ashish Pethe, a partner at Waman Hari Pethe Jewellers
 "Surging gold prices prompt Indians to recycle jewellery for weddings")
US services sector gauge picks up in Nov on improved business activity
The business activity index, which parallels ISM's factory output gauge, climbed in November after posting the biggest drop this year in the prior month
 "US services sector gauge picks up in Nov on improved business activity")
US job openings fall in Oct to lowest since 2021 as labor market cools
A moderation in quits may imply Americans are feeling less confident in their ability to find other jobs in the current market or reflect a smaller wage premium on offer for job-switchers
 "US job openings fall in Oct to lowest since 2021 as labor market cools")
Johnson & Johnson sees 2024 sales growth slowing as top drug faces rivals
The pharma and medical devices giant will soon lose its exclusivity with psoriasis treatment Stelara, which accounted for a fifth of its drug sales in the third quarter
 "Johnson & Johnson sees 2024 sales growth slowing as top drug faces rivals")
Staff at Trafigura tried to hide nickel 'red flags', messages show
On one occasion, a Trafigura employee instructed one of Gupta's executives to "please maintain a minimum of credibility" regarding the journey times for cargoes of nickel
 "Staff at Trafigura tried to hide nickel 'red flags', messages show")
State results show BJP in pole position but the Opposition can still fight
The BJP has twice now won majorities in India's parliament by sweeping almost every constituency in the north and the west of the country
 "State results show BJP in pole position but the Opposition can still fight")
As India's garbage pile climbs, waste-to-energy may offer the solution
The JBM Enviro waste-to-energy facility runs like a coal-fired power plant - it uses heat from burning feedstock to turn water into steam that powers a turbine
 "As India's garbage pile climbs, waste-to-energy may offer the solution")
US govt examined Hindenburg allegations before giving $553 mn loan to Adani
Allegations in a scathing report by US-based Hindenburg Research, which erased around $100 billion from the Adani Group's market value earlier this year
 "US govt examined Hindenburg allegations before giving $553 mn loan to Adani")
Global carbon emissions from fossil fuels to rise 1.1% to hit peak in 2023
The planet is on track to exceed its carbon budget for 1.5C of warming around 2030, and the budget for 1.7C in 15 years, according to the group's Global Carbon Budget annual report
 "Global carbon emissions from fossil fuels to rise 1.1% to hit peak in 2023")
India pushes to maintain military presence in 'strategically imp' Maldives
The two countries have set up a committee to discuss India's deployment in the archipelago, the officials said, asking not to be identified because the discussions are private
 "India pushes to maintain military presence in 'strategically imp' Maldives")
US sets limits on sourcing material from China to receive EV tax credits
The restrictions will apply to battery components next year, then include suppliers of key battery raw materials, such as nickel and lithium, in 2025
 "US sets limits on sourcing material from China to receive EV tax credits")
Edtech company Byju's calls for AGM to approve audited FY22 financials
Calls AGM to okay audited financials
 "Edtech company Byju's calls for AGM to approve audited FY22 financials")
