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Global Coffee Trade Halt: Market Reactions And Implications

Starlink And India’s Reliance Jio Forge Satellite Internet Pact Amid Regulatory Uncertainty

DeepSeek Sparks A New Wave In Chinese AI Investment

Is It The End of Cheap Palm Oil? Market Shake-Up and Industry Response

US Crypto Strategy Sparks European Financial Fears

New Leadership At Intel Sparks 10% Surge Amid Turnaround Hopes

Oracle’s Bold AI Cloud Vision Sparks Global Debate

Tesla’s High-Flying Ride Comes Tumbling Down

Indian Markets Under Pressure As IT Sector Falters Amid Global Trade Uncertainty

Tariff War Spark Turbulence In Business Jet Sector, Stirring Cost Fears In Aviation

Markets
Preparatory OPEC Meeting Goes Well, Oil Prices Hit Highest Since October

Preparatory OPEC Meeting Goes Well, Oil Prices Hit Highest Since October

As delegates of OPEC members said talks on assigning quotas to individual countries made good progress, oil traders and analysts grew more confident that OPEC will reach a deal to curb global oversupply next week.   As he left the group’s headquarters in Vienna on Monday evening, Libyan OPEC...
$2.3 Billion in Japanese Property may be Bought by China’s Anbang from Blackstone: Reuters

$2.3 Billion in Japanese Property may be Bought by China’s Anbang from Blackstone: Reuters

In what would be Japan's biggest property deal since the global financial crisis, China's Anbang Insurance Group Co is in talks to buy as much as $2.3 billion in Japanese residential property assets from Blackstone Group, reported Reuters quoting two people involved in the discussions.  ...
Pre-Trump Sanctions on Russia is being Thought about by the EU

Pre-Trump Sanctions on Russia is being Thought about by the EU

 European Union insiders reportedly say that it would be wrong to assume that the end of the penalties tied to Russian encroachment in Ukraine would be spelled due to Europe’s shaky resolve over extending economic sanctions against Russia, combined with a U.S. president-elect weighing warmer...
After Large Bills Ruled Illegal in India, U.S. Banks Close Rupee Exchanges

After Large Bills Ruled Illegal in India, U.S. Banks Close Rupee Exchanges

Aruna Desai can’t find a bank to exchange her funds and couldn’t give the money away if she tried and she has landed in a problem with the thousands of Indian rupees she has with her in the U.S.   Currency exchange providers in the U.S. have been unable to take the outlawed bills since...
Why OPEC Could Strike Deal for Real on Production this Time and End Failed Strategy

Why OPEC Could Strike Deal for Real on Production this Time and End Failed Strategy

When OPEC meets at the end of the month to curb production and stabilize the oil market, it is expected to deal for real this time, striking some form of agreement.   What could amount to an agreement to freeze production increases and actually cut back some output, has been hashed out by...
Computing Power Step into Unknown as Funds Outsource to Hedge the Cloud

Computing Power Step into Unknown as Funds Outsource to Hedge the Cloud

Seven people run a $200 million hedge fund following artificial intelligence formulas and are tucked into the attic of a Georgian building in London's West End. But nowhere to be seen are the supercomputers that process their complex algorithms.   Piquant Technologies outsources all its IT...
Music Stars Believe Future Lies in Tech But Clash With Streaming Services Over Money

Music Stars Believe Future Lies in Tech But Clash With Streaming Services Over Money

Artists are still feeling the pinch even though music streaming has driven down the costs for consumers.   High-profile singers, while admitting new technology could be key in helping them win, the expressed their frustration at streaming services, record labels and regulators during last...
In what is South Korea's biggest overseas deal, Samsung to buy car tech firm Harman for $8 billion

In what is South Korea's biggest overseas deal, Samsung to buy car tech firm Harman for $8 billion

Samsung Electronics announced its biggest move till date into the auto electronics market and the biggest overseas acquisition ever by a South Korean firm when it announced that it would be buying Harman International Industries in an $8 billion deal.   As the company tries to break...
As Land Sites Fill, Millions of Barrels Stored in Oil Tankers

As Land Sites Fill, Millions of Barrels Stored in Oil Tankers

Amid signs that space in on-land depots is filling up, a ship-operator said that oil companies booked tankers to store as many as 9 million barrels of crude in northwest Europe. Given the region is scheduled to load the most cargoes in 4 1/2 years next month, the glut could get bigger still....
China Cyber Security Law Criticized by Global Industry Groups

China Cyber Security Law Criticized by Global Industry Groups

“Deep concerns” were expressed to the Chinese government about a new cyber security law which, according to analysts and industry experts, would likely increase the separation between China and the rest of the world economy. The concerns were more than 40 international business and technology...
In Singapore 1MDB-Linked Case, Ex-BSI Banker Yak Found Guilty

In Singapore 1MDB-Linked Case, Ex-BSI Banker Yak Found Guilty

The first person to be found guilty in a Singapore case linked to 1Malaysia Development Bhd is Yak Yew Chee, a former BSI SA private banker. And in the global corruption and money laundering probes surrounding the Malaysian investment fund, he also became the first banker to be convicted.  ...
Why a Move of Getting Tough on China Could Backfire for Trump

Why a Move of Getting Tough on China Could Backfire for Trump

The long-term implications of a tough stand against China would be detrimental to U.S. interests even though getting tough on China to placate some of the frustrations of the U.S. electorate would be tempting for president-elect Donald Trump, warned an academic while talking to...
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World

2024: A Year Marked By Escalating Climate Extremes

2024: A Year Marked By Escalating Climate Extremes
In 2024, the global community faced unprecedented climate challenges, with human-induced climate change significantly intensifying extreme weather events. A comprehensive analysis by World Weather...

First Severe Human Bird Flu Case In U.S. Highlights Growing Health Concerns; Emergency Declared

First Severe Human Bird Flu Case In U.S. Highlights Growing Health Concerns; Emergency Declared
The United States has reported its first severe human case of bird flu in 2024, involving a Louisiana resident who is hospitalized in critical condition. This marks a significant shift in the ongoing...

Methane Emissions From Tropical Wetlands: A Growing Threat To Global Climate Goals

Methane Emissions From Tropical Wetlands: A Growing Threat To Global Climate Goals
Tropical wetlands, long known for their ability to absorb vast amounts of carbon, are now emerging as a major contributor to methane emissions, significantly complicating global efforts to tackle...

Conflict-Affected Nations Demand Urgent Climate Funding At COP29

Conflict-Affected Nations Demand Urgent Climate Funding At COP29
As COP29 unfolds in Azerbaijan, conflict-affected nations are making a unified call to double climate funding to over $20 billion annually by 2026. This demand comes against the backdrop of...

Trump’s Return To Office Could Shift Global Geopolitics: Putin Holds Firm On Ukraine, While Other Conflicts Face Uncertain Future*

Trump’s Return To Office Could Shift Global Geopolitics: Putin Holds Firm On Ukraine, While Other Conflicts Face Uncertain Future*
As former U.S. President Donald Trump prepares to re-enter the White House, the geopolitical landscape is bracing for significant shifts. Russian President Vladimir Putin has publicly expressed his...

People

Trump Declines Further Debates As Harris Emerges As Debate Winner In Polls

Trump Declines Further Debates As Harris Emerges As Debate Winner In Polls
Republican nominee and former U.S. President Donald Trump announced on Thursday that he would not participate in a third presidential debate against his Democratic rival, Vice President Kamala...

Kamala Harris Targets GOP Economic Criticism With New Policy Proposals

Kamala Harris Targets GOP Economic Criticism With New Policy Proposals
Vice President Kamala Harris on Friday presented a comprehensive economic policy agenda aimed at countering criticisms from Republicans and addressing key middle-class concerns. Speaking in Raleigh,...

Musk Gives To An Organisation That Supports Trump's Election: Bloomberg

Musk Gives To An Organisation That Supports Trump's Election: Bloomberg
According to a Bloomberg story quoting sources, billionaire Elon Musk, who has been criticising US President Joe Biden more and more, has contributed to a political organisation that aims to elect...

New Study Finds People Who Were Class Bullies Could Make Higher Incomes In Their Middle Age

New Study Finds People Who Were Class Bullies Could Make Higher Incomes In Their Middle Age
A recent study challenges the widely held belief that school bullies would eventually get their comeuppance by indicating that they are likely to end up with greater earnings. The Institute for...

In A New York Corporate Fraud Lawsuit, Trump Slapped Fines And Interest Of $454 Million

In A New York Corporate Fraud Lawsuit, Trump Slapped Fines And Interest Of $454 Million
A New York judge ruled in the former president's civil business fraud trial on Friday, ordering him to pay a total of approximately $454 million in penalties.   According to an attorney...