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FirstFT: South Korea’s Yoon Suk Yeol faces calls to resign after failed martial law order
Also in this newsletter, France’s Michel Barnier faces no-confidence vote, and Bank of England governor hints at rate cutFinancial Times - Dec. 4 -
Germany’s car sector layoffs could fill skill shortages in mid-cap firms, Deutsche Bank CEO says
Deutsche Bank CEO Christian Sewing said layoffs in car manufacturers including Volkswagen could help fill labor shortages in medium sized firmsMarketWatch - Dec. 4 -
Central banks should tread cautiously with rate cuts, says OECD
Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludesFinancial Times - Dec. 4 -
Norway Oil Fund Divests of Israel's Bezeq Over Services to West Bank Settlements
Norway’s $1.8 trillion sovereign wealth fund said it decided to exclude Israeli telecommunications company Bezeq from the fund over concerns the company could be contributing to human-rights ...The Wall Street Journal - Dec. 4 -
Amid political chaos, Bank of Korea says it will boost short-term liquidity and deploy measures to stabilize the FX market
The announcement came shortly after the BOK held an emergency board meeting.CNBC - Dec. 4 -
City’s new bonus rules will be better for bankers than banks
Gifts for the risk takers and rainmakersFinancial Times - Dec. 4 -
Some GOP senators seem tepid on Hegseth nomination as allegations pile up
The concern could put another one of President-elect Donald Trump's Cabinet picks at risk of falling short of the support needed for confirmation.CBS News - Dec. 3 -
New allegations involving Hegseth's drinking habits
Ten current and former Fox News employees who worked with Pete Hegseth, President-elect Trump's pick for defense secretary, say he drank in ways that concerned them. A Trump transition spokesperson ...NBC News - Dec. 4 -
U.S. officials investigate alleged Chinese cyber hack of communications companies
U.S. officials say they're investigating Chinese government-affiliated hackers who compromised the networks of of U.S. communication companies and were able to intercept private communications of ...NBC News - Dec. 4 -
Founder of failed crypto lending platform Celsius Network pleads guilty to fraud charges
The founder and former CEO of the failed cryptocurrency lending platform Celsius Network has pleaded guilty to federal fraud charges, admitting that he misled customers about the businessABC News - Dec. 3 -
Measure to ban trans Montana lawmaker Zooey Zephyr from women's bathroom fails
A measure to bar Montana Rep. Zooey Zephyr, the state’s first transgender legislator, from using the women’s restroom at the state capitol failed to pass the House rules committee Tuesday, with ...NBC News - Dec. 3 -
Hegseth faces growing GOP scrutiny as allegations mount
Pete Hegseth, President-elect Trump's embattled pick for Defense secretary, faced growing scrutiny from Republican senators Tuesday after a new set of revelations over the weekend involving ...The Hill - Dec. 3 -
Republican senators express growing concerns over Pete Hegseth misconduct allegations
Pete Hegseth, Trump's pick for defense secretary, was back on Capitol Hill Tuesday looking to shore up support as he fends off allegations of misconduct.ABC News - Dec. 3 -
Bank of America signs again with FIFA for US-hosted Club World Cup that still has no TV deals
Bank of America has teamed with FIFA for a second timeABC News - Dec. 3 -
Graham calls Hegseth allegations ‘very disturbing’
Sen. Lindsey Graham (R-S.C.) said allegations against Pete Hegseth of sexual assault and other misconduct, some stemming from his time atop two veterans groups, are “very disturbing” and are making ...The Hill - Dec. 3 -
Gregg Wallace faces fresh allegations of inappropriate behaviour amid furore
It comes after two hour-long MasterChef Christmas specials were pulled from the BBC’s festive schedule.Yahoo Sports - Dec. 3 -
WATCH: Crowd reacts to hilarious Christmas tree lighting fail at Dublin's Trinity College
After an enthusiastic countdown, the crowd looked around in confusion as the tree remained unlit.ABC News - Dec. 3 -
Trump transition team dismisses Hegseth allegations
President-elect Donald Trump's transition team is dismissing misconduct concerns surrounding Pete Hegseth's past. CBS News' Nancy Cordes breaks down how the former president's team is reacting to ...CBS News - Dec. 3 -
Alleged North Korea operative uncovered in the U.S.
The Department of Justice has charged a Chinese national for working as a North Korean operative to ship guns and ammunition from the U.S. for a potential attack against South Korea. CBS News' Rob ...CBS News - Dec. 3 -
Hegseth dodges questions on alleged sexual, financial misconduct
Pete Hegseth, President-elect Donald Trump's pick for secretary of defense, dodged more questions on alleged sexual and financial misconduct carried out while he served as the head of a veterans' ...CBS News - Dec. 3 -
Banks hit credit card users with higher rates in response to regulation that may never arrive
CFPB regulation meant to save consumers $10 billion a year has resulted in higher costs for some, as banks react by hiking interest rates and charging new fees.CNBC - Dec. 3 -
Hegseth passing on meetings with moderate senators and Democrats amid misconduct allegations
President-elect Donald Trump's Cabinet choices have been making the rounds on Capitol Hill to meet with the senators who will vote for their confirmation, but defense secretary pick Pete Hegseth ...CBS News - Dec. 3 -
Banks hit credit card users with higher rates in response to regulation that may never arrive
Banks that issue credit cards used by millions of consumers raised interest rates and introduced new fees over the past year in response to an impending regulation that most experts now believe ...NBC News - Dec. 3 -
Tuberville praises defense secretary pick Pete Hegseth amid misconduct allegations
Following his meeting Monday with Secretary of Defense nominee Pete Hegseth, Sen. Tommy Tuberville told reporters Hegseth would be "great" for the position.ABC News - Dec. 3 -
Alleged Switch 2 Accessories Are Now Available To Buy--With A Major Asterisk
With Nintendo set to announce the Switch 2 , or whatever it's called, in just a few months, at least one retailer has already begun selling alleged accessories for it. There are some major ...GameSpot - Dec. 3 -
Hegseth meeting with Republican senators as allegations surface about time at veterans charity
CBS News has confirmed that allegations of financial mismanagement, repeated intoxication and sexual misconduct forced President-elect Donald Trump's pick for defense secretary, Pete Hegseth, to ...CBS News - Dec. 3 -
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I retired at 30 with $540,000 in the bank and 'I don't have any regrets'—3 moves that helped me get there
After feeling disappointed by her dream job, one millennial decided to retire early. She's happy with her choice: "I'm very good at doing nothing and relaxing."CNBC - Dec. 3 -
World Bank Warns of Record Debt Costs for Developing Countries
The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.The New York Times - Dec. 3 -
Trump's defense pick, Pete Hegseth, faces new misconduct allegations
Pete Hegseth, President-elect Donald Trump's pick for defense secretary, is facing new misconduct allegations after previous allegations of sexual assault. CBS News confirmed Hegseth was forced to ...CBS News - Dec. 3 -
Details on allegations that led to Pete Hegseth being forced out of veterans charity
CBS News confirms President-elect Donald Trump's choice for defense secretary, Pete Hegseth, was forced to step down from a veterans nonprofit after being accused of alcohol abuse, sexual ...CBS News - Dec. 3 -
This bank’s outrageous predictions include the dollar tanking and Nvidia becoming twice the size of Apple
Denmark’s Saxo Bank annually produces their outrageous predictions -– which is their attempt to create unlikely-but-plausible forecasts, to spark discussion and challenge consensus.MarketWatch - Dec. 3 -
Japan’s Nomura bank boss takes 30% voluntary pay cut after worker tries to kill customer
Wealth management employee charged with robbery, attempted murder and arson after home visit to elderly clients. Business live – latest updates The boss of the Japanese bank Nomura has ...The Guardian - Dec. 3 -
Mum admits neglecting son before alleged murder
Paula Roberts changes her plea in the trial over the death of her son Charlie.BBC News - Dec. 3 -
FIA seeks rule changes after president allegations
The FIA wants to limit the ways its leadership can be held to account for bad governance after allegations were made against its president.BBC News - Dec. 3 -
Vietnamese tycoon must find $9bn to avoid death penalty after appeal fails
She is now in a race for her life - if she can pay back 75% of what she took, she could be spared.BBC News - Dec. 3 -
The solar saga behind US bribery allegations against Gautam Adani
Charges against Indian tycoon follow a troubled government effort to boost renewable powerFinancial Times - Dec. 3 -
2 Delta attendants fail breathalyzer test before international flight
Delta says it pulled pair of crew members from duty after random screening by Dutch authorities.CBS News - Dec. 2 -
Bipartisan bill would study AI's impact on banking, housing
A new bill with bipartisan support would commission studies on the use of artificial intelligence (AI) in the banking and housing sectors, where lawmakers have been sounding an alarm about ...The Hill - Dec. 2
