France slipped to Aa3 as political divisions clouded deficit plans
Moody’s lowered the sovereign rating shortly after François Bayrou became prime minister, warning that fragmented politics could obstruct lasting fiscal consolidation.
Read report »Business
1204 reports.
Russia launches massive strike on Ukraine's energy grid
Ukraine said Russia fired around 290 missiles and drones at multiple regions, damaging energy facilities and forcing emergency shutdowns across the country.
Read report »
McKinsey agrees to pay $650 million over opioid consulting work for Purdue Pharma
The settlement resolves a rare corporate criminal case and includes a deferred prosecution agreement, compliance changes and related civil and oversight commitments.
Read report »
Danish court sentences Sanjay Shah to 12 years in cum-ex tax fraud case
On 2024-12-12, a Danish court sentenced British hedge fund trader Sanjay Shah to 12 years in prison after finding him guilty in a multibillion-krone dividend tax fraud case.
Read report »
Israeli strike on Nuseirat building kills at least 25, medics say
Hospitals reported receiving 25 bodies and treating 40 wounded after a multistory residential building was hit in central Gaza amid a broader day of deadly strikes.
Read report »
Germany adds 8 million euros in humanitarian aid for Syria after Assad’s fall
Germany’s Foreign Office has announced an additional 8 million euros in humanitarian support for Syria as European governments reassess policy after the Assad regime’s collapse.
Read report »
Hundreds of tractors flood Westminster in protest over UK farm inheritance tax changes
Farmers and campaigners drove through Whitehall as the government held firm on plans that would bring inheritance tax to some farms worth more than £1m from April 2026.
Read report »
Canada approves CA$764 million in new military aid for Ukraine
2024-12-11 event: the House of Commons backed a budget measure funding ammunition, training, mine clearance and cyber resilience for Kyiv, with the Senate still to vote.
Read report »
US approves $266.4 million F-16 maintenance package for Ukraine
The State Department has approved a possible $266.4 million sale of F-16 sustainment services and related equipment to Ukraine.
Read report »
Federal judge blocks Kroger’s $24.6 billion bid to buy Albertsons
A federal ruling in Oregon found the deal would reduce grocery competition, dealing a major blow to Kroger and Albertsons’ long-running merger plan.
Read report »
Israeli Navy says it destroyed Syrian warships in Latakia strike
Naval News reported that the Israeli Navy struck warships of Syria’s former regime in Latakia port, sinking them at anchor.
Read report »
Russian missile strike on Zaporizhzhia clinic kills four civilians
Ukrainian officials said the attack destroyed a private clinic and nearby cafe, leaving 20 more people injured.
Read report »
Sudanese Air Force kills nearly 200 civilians in attacks on markets
Reporting dated 2024-12-10 documents the event and its immediate consequences, with unresolved points retained as attributed or provisional.
Read report »
Pakistan-administered Kashmir withdraws protest restrictions after a strike
Authorities in Pakistan-administered Kashmir have withdrawn a protest ordinance after days of strike action and talks with civil-society leaders.
Read report »
Indian farmers march toward Delhi again over crop prices and debt relief
On Dec. 7, 2024, farmers from Punjab revived a march toward New Delhi to demand better crop prices, legal support for minimum pricing and relief from debt.
Read report »
Ghana votes in closely watched election amid economic frustration
Ghanaians have gone to the polls in a tight presidential and parliamentary election shaped by economic pain.
Read report »
Storm Darragh kills two and leaves more than 1.5 million without power
The storm brought deadly winds and widespread outages across England, Ireland and the United Kingdom as emergency crews worked through the damage.
Read report »
EU and Mercosur finalize trade deal after 25 years of talks
The agreement would create one of the world’s largest free-trade zones, but it still faces approval battles inside Europe.
Read report »
Israeli drone strike at Kamal Adwan Hospital kills 16-year-old boy
Arab News said the strike hit patients and staff at the hospital entrance in northern Gaza and wounded at least 12 people.
Read report »
IG Metall plans longer Volkswagen strikes before next talks
The union says it will step up pressure with four-hour walkouts at nine sites ahead of a fourth round of negotiations.
Read report »
Bitcoin crosses $100,000 for the first time
The cryptocurrency reached a six-figure price after a post-election rally and expanding demand through exchange-traded funds.
Read report »
Shell and Equinor combine UK North Sea assets in 50-50 venture
The Aberdeen-based producer is expected to start above 140,000 barrels of oil equivalent a day and expand as new projects come online.
Read report »
Settler attacks erupt in West Bank towns after outpost removal attempt, Palestinians say
On Dec. 4, 2024, Israeli settlers attacked Beit Furik and Huwara near Nablus, setting fire to property and clashing with Israeli forces as authorities said they were investigating.
Read report »
Israeli strike on Al-Mawasi camp kills 20 as tent fires trap displaced families
The attack on the Al-Aqsa Martyrs Hospital compound in central Gaza killed at least four people and wounded dozens, with rescuers reporting tents engulfed in fire.
Read report »