Two South Koreans Join Billionaire Club After Completing $4.1 Billion Cryptocurrency Deal
Two South Koreans became billionaires after selling their crypto exchange in a $4.1B deal, per Bloomberg.
UK Cancels $1 Billion Support for TotalEnergies' LNG Project in Mozambique
UK cancels $1B funding for TotalEnergies' Mozambique LNG project, impacting its restart amid ongoing security concerns.
Bitcoin Faces Sharp Decline as Market Reacts to Economic Uncertainty
Bitcoin fell sharply as Japan signaled possible rate hikes, showing crypto's growing sensitivity to global economic policy shifts.
Warnings of Strain on Power Grids as Data Center Energy Demand Forecast Rises 36%
US data center power demand to hit 106 GW by 2035, up 36%, straining grids as AI drives rapid growth, warns BloombergNEF.
Microsoft Appoints Mohamed Kassem as General Manager in Egypt to Lead Digital Transformation
Microsoft names Mohamed Kassem as Egypt GM to drive digital transformation, focusing on AI, cloud, and local leadership from Dec 2025.
Airbus: Most A320 Aircraft Recalled Have Been Modified Now
Airbus modified most A320s after a security issue, averting a crisis. Fewer than 100 remain unmodified, with some airlines facing delays.
Saudi PIF to Increase Japan Investments to $27B by 2030
Saudi PIF plans to double Japan investments to $27B by 2030, enhancing economic ties and focusing on critical minerals and finance.
White House Economic Adviser Boosts Confidence in Early Trump Fed Chair Pick
White House adviser Kevin Hassett expresses optimism for Trump's Fed chair pick, citing market readiness and potential economic stability.
OPEC+: No Change in Production Quotas, November 30 Meeting Confirms Halt in Increases Until 2026
OPEC+ keeps production quotas unchanged until 2026, focusing on market stability amid concerns of a potential surplus.
Bitcoin Retreats from Historic High Amidst Sharp Volatility
Bitcoin has dropped to $90,763 following a historic peak, amidst sharp fluctuations and expectations of interest rate cuts.
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