Bloomberg

China's factory activity slumps for longest stretch on record in Nov

The official manufacturing purchasing managers' index was 49.2, remaining below the 50 mark that separates growth and contraction for an eighth month

Eurozone inflation near 2% likely to keep ECB rates steady in December

Officials find themselves in a holding pattern at present, with no clear consensus on what the next move for rates should be

Wall Street sees Indian markets rebounding after year of underperformance

Morgan Stanley, Citigroup Inc and Goldman Sachs Group Inc. are among those who expect the country's markets to claw back lost ground next year as earnings stabilise and policy support kicks in

Sergey Brin gifts $1.1 bn in Alphabet stock to charities after AI rally

The donation was disclosed Friday in a regulatory filing, which didn't specify who had received the more than 3.5 million shares

Northwestern reaches $75 mn deal with Trump admin to restore funding

Northwestern, which has campuses in Evanston, Illinois, and Chicago, had been crippled financially by the federal freeze and was self-financing its research, paying millions of dollars each month

Cyclone Ditwah kills 123 in Sri Lanka's worst flooding crisis in 20 years

Sri Lanka's scheduled budget debate was cancelled for Friday and Saturday, and the Colombo Stock Exchange shortened trading hours on Friday due to the adverse weather

Global flights in chaos as top-selling Airbus A320 planes hit by recall

Airlines rushed to implement the updates for affected A320 jetliners, grounding flights and upending plans for thousands of travellers, in a rare global recall of Airbus's top-selling je

Despairing Hongkongers stranded by fire seek help amid housing shortage

The scale of the disaster unfolding in northern Hong Kong - which killed at least 128 - presents an acute challenge to a city notorious for its housing shortage and sky-high rents

Hong Kong fire sparks calls to end bamboo scaffolding, tighten safety laws

Some 200 residents of Wang Fuk Court were still unaccounted for as of Friday, with Secretary for Security Chris Tang saying at a briefing that officials couldn't rule out finding more bodies

Global markets roiled after data-centre failure near Chicago halts trading

Even after trading was largely restored on Friday, disruptions extended well into the US session, with CME Direct, a trading platform provided by the exchange, offline for most of the day

Zelenskyy exposed after top aide resigns amid US and Russia pressures

Andriy Yermak's departure, amid a spiraling corruption scandal, comes just as Donald Trump is pushing Ukraine to make concessions to Russia in order to end almost four years of fighting

Trump vows strict curbs on legal migration after White House shooting

Trump's administration remained largely silent on how any of those changes would be made, which countries would be targeted or how sweeping the actions could be

Trump declares most Biden orders void, citing use of autopen signatures

Trump alleged Biden's staff used the autopen illegally and that the former president wasn't in control of his own presidency when the tool was being used

As in the past, projections of low oil prices till 2030 are wrong again

Short-term weakness masks the supply crunch building later in the decade as demand stays firm and forward prices mislead again

US stocks rise as CME trading resumes, Fed rate-cut expectations hold

Markets seem to be driven mostly by changes in monetary-policy expectations, according to Annex Wealth Management's Brian Jacobsen

Adani plans $5 bn investment in Google AI data hub in South India: CFO

The details of the investment are still being finalized, Singh told reporters at an event in Mumbai. Adani Enterprises Ltd. last month announced a partnership with Alphabet Inc., via AdaniConneX Pvt

Trump to 'permanently pause' migration from 'all third world' countries

The post didn't include specifics on what the president considered a "third world" country, an ill-defined term typically used to refer to poorer nations

Hong Kong officials warned of tower fire risk days before killer blaze

Multiple written warnings were issued to the contractor about the need to adopt appropriate fire safety measures at the estate then home to 4,600 people

Biggest reform in laws since 1947 to spur jobs, investment: Labour secy

The new laws are expected to create 7.7 million additional jobs and bring down unemployment by as much as 1.3 per cent over the medium term, according to a Nov 25 report by SBI Research

Alibaba's cloud growth highlights China's two-speed economy, tech ambitions

The concerns are well founded in the context of larger general questions about the lack of killer AI apps and solid ways to achieve profitability