Who’s the Divisive Politician About to Head Israel’s Finances?
Bezalel Smotrich says he’ll pursue free-market policies and supports expanding the budget for religious education
Bloomberg Business
Hedge Fund Trader Andurand Says Oil Demand Could Surge
Global oil demand could soar as much as 4% at some point next year if the world fully emerges from Covid restrictions, hedge fund trader Pierre Andurand said.
China CDC Will Estimate Excess Covid Deaths Amid Data Doubts
China is planning to calculate, then release, excess mortality data as a record wave of infections engulfs the country and doubts grow about the accuracy of its official Covid figures.
India Brings Back Covid Tests for Flyers From Some Asian Nations
India will reintroduce mandatory Covid-19 tests for flyers coming from a number of major Asian nations, including China, amid fears of a fresh wave of infections hitting the world’s second-most populated country.
Ambani Sets Goals for Children as They Step Up at Reliance Units
Billionaire Mukesh Ambani outlined his ambitions for various businesses under his flagship Reliance Industries Ltd. that are now helmed by his three children, in a clear sign that leadership transition was firmly underway at India’s largest company by market value.
China Calls on US to ‘Create the Conditions’ for Military Talks
China said it is up to the US to take steps toward resuming high-level military discussions that were suspended after Nancy Pelosi visited Taiwan, comments that hint at lingering tensions between the world’s two largest economies.
South Korea Leader Seeks ‘Overwhelming’ Military Power Over Kim
President Yoon Suk Yeol said he wants to put South Korea on a path of overwhelming military strength against North Korea and pledged to boost defenses against drones after his neighbor sent five across the border this week.
Hong Kong Exports Drop Most in Almost 7 Decades on Global Slump
(Bloomberg) — Hong Kong’s exports plummeted in November by the most in nearly seven decades as a slump in China’s economy and global demand worsened, making the road to recovery even tougher for the financial hub.
Twitter Users Report Errors, Disruption from New York to Tokyo
Twitter Inc. has restored services hours after thousands of users worldwide reported glitches and other issues, one of the more significant disruptions since Elon Musk’s $44 billion takeover triggered the loss of three-quarters of its workforce.
Hong Kong Business Group Warns Long Road Ahead After Covid Shift
One of Hong Kong’s top foreign business groups warned the city still faces challenges in trying to revive its reputation as a global financial hub, even after it ditched almost all of its Covid curbs.
