European stocks close higher after key U.S. jobs report; Anglo American down 19%
European markets closed higher on Friday as traders around the world assessed a key November jobs report out of the U.S.
U.S. approves first gene-editing treatment, Casgevy, for sickle cell disease
Casgevy uses the Nobel Prize-winning technology CRISPR to treat sickle cell disease, a blood disorder that affects about 100,000 Americans.
Rakuten makes first mobile foray into Europe as Japanese tech giant grapples with debt overhang
Hiroshi “Mickey” Mikitani told CNBC that he believes Rakuten’s mobile unit will be “one of the most profitable businesses.”
Inflation expectations plunge in closely watched University of Michigan survey
The latest University of Michigan consumer sentiment survey showed the one-year outlook for the inflation rate slid to 3.1%.
Google weighs Gemini AI project to tell people their life story using phone data, photos
A team at Google has proposed using AI technology to create a “bird’s-eye” view of users’ lives using mobile phone data such as photographs and searches.
Musk’s Scandinavian woes deepen as Tesla loses Swedish court case, Finnish union joins port blockade
Tesla’s troubles with labor unions in Scandinavia deepened, as it lost a legal suit against Sweden’s postal service and Finland joined a solidarity strike.
U.S. issues strongest criticism of Israel yet as civilian deaths in Gaza surge
Secretary of State Blinken stressed the U.S. concern for the protection of civilians in Gaza, where authorities say that over 16,000 people have been killed.
Russia’s Vladimir Putin says he will run for president in 2024 elections: State media
Putin has run Russia for roughly 24 years and securing another presidential win would see him remain at the helm of Russian politics until at least 2030.
Microsoft’s investment in OpenAI faces initial review from UK competition regulator
The U.K.’s competition watchdog has opened an initial review into Microsoft’s mammoth investment into ChatGPT creator OpenAI.
China vows to ‘moderately’ strengthen fiscal policy to bolster economic recovery
China’s Politburo said Friday that it would continue to implement “proactive” fiscal policies and “prudent” monetary policies next year.
