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Donald Trump appoints former PayPal COO David Sacks as 'AI and crypto czar'

Crypto czar and other officials in Trump's incoming administration such as the chairs of the SEC and Commodity Futures Trading Commission are expected to reshape US policy on digital currency

Russia's FM Lavrov signals readiness to use any means in Ukraine conflict

Lavrov said Ukraine had lost the opportunity to maintain its territorial integrity by twice rejecting proposals for a deal, once before full-scale war began and then in talks in April 2022 in Turkey

California governor promotes trade with Mexico after Trump's tariff threats

Governor Newsom and California Attorney General Rob Bonta have emerged as prominent Democratic opponents of Trump's agenda, pledging to defend the state's liberal policies

Trump's easing of regulations to trigger Japan outbound M&A: Citi executive

Trump presidency will also spark business reorganisations, which would swell the number of acquisition targets for Japanese firms, Citi Japan Vice Chairman Masuo Fukuda said

Boeing still not producing MAX planes after strike, says FAA administrator

FAA Administrator Mike Whitaker this week met with Boeing CEO Kelly Ortberg and toured Boeing's 737 plant in Renton, Washington, as it boosts oversight following the strike, which ended Nov 4

Asian shares slip on South Korea risk, dollar steady ahead of payrolls

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.3 per cent in part due to a 1.7 per cent drop in South Korea's KOSPI

RBI MPC: Policy likely to ease through liquidity if not rates, say analysts

MPC is largely expected to hold the key policy rate steady at 6.5 per cent for the eleventh straight meeting, but a few economists have forecast a 25 basis points (bps) cut

US judge rejects Boeing's fraud plea deal over diversity provision

Relatives of victims of the two 737 MAX crashes, which occurred in 2018 and 2019 and killed 346 people, have called the agreement a "sweetheart" deal that failed to adequately hold Boeing accountable

Import tariffs under Trump's first term hurt US firms: NY Fed analysis

Firms exposed to trade with China in particular, about half of publicly listed companies, saw bigger stock market losses on days when import tariffs were announced during 2018 and 2019

VW workers step up strikes in order to fight German plant closures

The IG Metall union said workers would down tools for four hours at nine different sites in so-called "warning" strikes across the country

Opec+ nations delay planned increase in output. Here's how it works

The oil producer group on Thursday pushed back the start of oil output rises by three months until April 2025

Vodafone-Three merger approval marks UK's shift to prioritise growth

The Competition and Markets Authority (CMA) antitrust regulator cleared the $19 billion Vodafone-Three UK deal on Thursday after it accepted the companies' argument

Nvidia, Vietnam govt sign pact to jointly build AI research, data centres

Nvidia also said it has acquired healthcare startup VinBrain, a unit of Vietnamese conglomerate Vingroup, but didn't provide the value of the deal

US weekly jobless claims rise 9,000 to seasonally adjusted 224,000

Initial claims for state unemployment benefits rose 9,000 to a seasonally adjusted 224,000 for the week ended Nov. 30

Canada records bigger-than-expected trade deficit of $657.6 mn in Oct

Exports rose after three straight months of declines despite eight of the 11 export product sections being down

Opec+ agrees to delay oil hike plans until April, extends cuts into 2026

Opec+, which pumps about half the world's oil, had been planning to start unwinding cuts from Oct 2024 but a slowdown in global demand and rising output outside the group forced it to postpone plans

HSBC appoints Lisa McGeough to lead US biz as CEO Elhedery shuffles leaders

The appointment comes as part of a sweeping overhaul by new CEO Georges Elhedery, who has made a raft of leadership changes and split the lender's geographic footprint into East and West

TSMC in talks with Nvidia for Blackwell AI chip production in Arizona

The agreement, if finalised, would secure another customer for TSMC's Arizona facility, which is scheduled to start volume production next year

Apple plans to invest $1 billion in manufacturing plant in Indonesia

In October, Indonesia banned sales of the iPhone 16 because it said Apple had not adhered to rules that require phones sold domestically to have at least 40 per cent locally made parts

Global cos to be affected by Trump's tariffs on Canada, Mexico, China

Chinese EV maker BYD has been scouting for locations to build a plant in Mexico but has said repeatedly that the factory will serve the domestic market