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.
Geopolitics and central banks could keep gold demand hot in 2024, World Gold Council says
A combination of geopolitical tensions and continued central bank buying should see gold demand remain resilient next year, according to the World Gold Council.
Putin says he will run for re-election in March; U.S. aid hangs in balance after failed vote
The fate of crucial military support from Ukraine’s biggest funder is in limbo.
CNBC Daily Open: AI to the rescue
Wall Street resumed its rally as technology giants intensified their AI race, boosting tech stocks.
‘Excess profits’ at big energy and consumer companies pushed up inflation, report claims
The report identified Shell, Exxon Mobil, Glencore and Kraft Heinz as among the firms that saw profits “far outpace” inflation.
India keeps key rate unchanged on strong growth, inflation risks
The six-member monetary policy committee, kept the repo rate unchanged at 6.50% in line with the unanimous consensus in a Reuters poll.
