Trump changes tune on strong dollar

(Reuters) – A look at the day ahead in European and global markets from Wayne Cole The dollar is making the early running on Monday, retaking some of last week’s losses helped in part by rare words of support from U.S. President-elect Donald Trump. While 100% tariffs look rather unlikely, the latest comments marked a … Read more

Launch of Share Buy-Back Program By Investing.com

SINGAPORE–(BUSINESS WIRE)–Reference is made to the stock exchange announcement made by Hafnia Limited (“Hafnia” or the “Company”, OSE ticker code: “HAFNI”, NYSE ticker code: “HAFN”) on November 27, 2024 regarding its financial report for the third quarter 2024 and the Board resolution to authorize the management to initiate a share buyback program of up to … Read more

Rassemblement National’s Bardella threatens to bring down French government

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jordan Bardella, the party chief of France’s Rassemblement National, said on Monday that the party would not hesitate to bring down Prime Minister Michel Barnier’s minority government over a belt-tightening draft budget. Ahead of a … Read more

Elon Musk asks court to stop OpenAI from becoming a for-profit

Elon Musk’s attorneys filed for an injunction against OpenAI and Microsoft on Friday accusing the two of anticompetitive practices and seeking to stop OpenAI’s conversion to a for-profit company. The filing, spotted by , also names OpenAI CEO Sam Altman, OpenAI President Greg Brockman, Microsoft’s Dee Templeton and LinkedIn co-founder Reid Hoffman as defendants. Musk … Read more

China factory activity grows for 2nd month; services PMI unexpectedly falls in November

Dec. 02, 2024 2:11 AM ETFXI, PGJ, EWH, CAF, USD, GXC, TDF, CHIQ, YINN, YANG, CQQQ, MCHI, CXSE, KWEB, ASHR, KBA, CWEB, KUREBy: Meghavi Singh, SA News Editor Igor Kutyaev China’s official NBS Manufacturing PMI rose to 50.3 in November 2024 from 50.1 in October, aligning with market consensus and marking the highest reading since … Read more

India’s parliament suspended after disruptions over Adani allegations, other issues By Reuters

NEW DELHI (Reuters) – Both houses of Indian parliament were suspended on Monday after disruptions by opposition groups demanding a discussion on bribery allegations against the Adani Group and communal tensions in a northern town. Parliament was similarly adjourned for all of last week as opposition parties, led by the main opposition Congress, demanded a … Read more

China private factory gauge grows again in sign of stabilization

China’s manufacturing activity expanded for a second straight month, according to a private survey, a further sign of stabilization after Beijing unleashed a stimulus package to shore up the economy. The Caixin manufacturing purchasing managers index rose to 51.5 last month, the highest since June, according to a statement released by Caixin and S&P Global … Read more