Page 256 - Reuters

Trump names Brendan Carr, senior GOP leader at FCC, to lead agency

Carr is a longtime member of the commission and served previously as the FCC's general counsel

Here's all you need to know about Trump's cabinet pick, who's in running

Here are the early picks and top contenders for some of the key posts

G20 summit confronts global order unsettled by Donald Trump's return

Discussions of trade, climate change and international security will run up against sharp US policy changes that Trump vows

China's Country Garden submits debt restructuring plan to creditors

The projection shows the developer expects a weaker cash flow in coming years compared with the estimates it had shared

Foxconn tells India recruiters to remove marital status in iPhone job ads

Foxconn, which employs thousands of women at the iPhone factory at Sriperumbudur, near Chennai, outsources recruitment of assembly-line workers to third-party vendors

Relief for Asian peers may slightly aid rupee but portfolio outflows weigh

A rally in the dollar and the rise in US bond yields following Donald Trump's victory in the US election has weighed on Asian currencies over the last two weeks, including the rupee

Tropical depression Sara heads to Mexico after floods, 1 dead in Honduras

US National Hurricane Center (NHC) forecast that Sara will weaken as it moves further inland over Mexico's Quintana Roo state

Trump adds Kevin Warsh, Marc Rowan to list of Treasury secretary candidates

Trump has not announced his nominee for the role, but Howard Lutnick, the CEO of Cantor Fitzgerald, and investor Scott Bessent have been considered as top candidates

Russia unleashes its largest wave of airstrikes on Ukraine, at least 7 dead

"Russia launched one of the largest air attacks: drones and missiles against peaceful cities, sleeping civilians, critical infrastructure," Foreign Minister Andrii Sybiha wrote on X

Nvidia's new Blackwell AI chips face issue with overheating servers

The Blackwell graphics processing units overheat when connected together in the customized server racks the company has designed, the report said, citing sources familiar with the issue

Tata to buy majority stake in Pegatron for its iPhone plant in Tamil Nadu

Under the deal announced internally last week, Tata will hold 60 per cent and run daily operations under the joint venture, while Pegatron will hold the rest and provide technical support

Muslims who voted for Donald Trump upset by his pro-Israel cabinet pick

Muslim support for Trump helped him win Michigan and may have factored into other swing state wins

Elon Musk's political ascendancy stirs hopes of redemption for X banks

Banks typically sell such loans to investors soon after the deal is done, but in the case of X, which Musk bought for $44 billion in 2022, they have been stuck holding the debt

China willing to be partners, friends with US, says Chinese envoy

China has no plan to surpass or replace the United States, Xie Feng said in a speech in Hong Kong on Friday, addressing Chinese officials and the US ambassador to China

Wall Street fall as US data, Fed comments signal slower rate cut path

Fed Chair Jerome Powell said on Thursday central bank did not need to rush to lower interest rates due to ongoing economic growth, a solid job market and inflation that remains above its 2% target

Musk ramps up lawsuit against OpenAI, adding Microsoft, antitrust claims

Musk has a long-simmering opposition to OpenAI, a startup he co-founded and that has since become the face of generative AI through billions of dollars in funding from Microsoft

US industrial production sags in Oct amid continued drag from Boeing strike

The Fed estimated that the strike depressed industrial production by 0.2 percentage point in October after exerting a 0.3 percentage point drag in September

Musk's SpaceX preparing to launch tender offer in Dec at $135 per share

Musk, the world's richest person, is expected to wield significant influence in Washington to secure favorable government treatment for his companies

Dollar gains strength, poised for biggest weekly gain as rate cut hopes dim

A key pillar of support for the dollar has been the expectation that higher inflation under Trump will mean the Federal Reserve has less room to cut interest rates

Gold nears two-month low, headed for worst week in over three years

Spot gold was little changed at $2,568.37 per ounce as of 1215 GMT. Prices have fallen more than 4% so far this week