South Korea tops $700 billion in exports as AI chip demand drives record semiconductor sales
South Korea's exports reached a record in 2025, powered by soaring semiconductor sales tied to artificial intelligence demand.
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Iran names new central bank governor as protests intensify over rial collapse
Iran appointed Abdolnasser Hemmati as central bank governor after a record rial سقوط and mass protests over inflation and prices.
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China sanctions 20 US defense firms over Taiwan arms sale
Beijing froze assets and barred dealings with a group of American defense companies and executives after Washington approved a major weapons package for Taiwan.
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China raises provisional tariffs on EU dairy imports
Beijing said milk, cheese and other dairy products from the European Union will face duties of up to 42.7 percent while a broader trade fight continues.
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Philippines extends sugar import ban through December 2026 to protect local producers
The agriculture department says improving supply conditions still justify keeping the moratorium in place for another year.
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TikTok reaches US ownership deal with Oracle, Silver Lake and MGX to avert ban
19, 2025. ByteDance signed binding agreements to place about 80% of TikTok's US assets into a new American-led joint venture, a move aimed at keeping the app online in the United States.
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US proposes mandatory five-year social-media history for ESTA visitors
The draft would expand the data collected from travellers in the Visa Waiver Program, but officials stressed that no final rule had been adopted.
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India orders IndiGo to cut flights 5% after mass cancellations and scheduling failures
9, 2025. India's aviation regulator ordered IndiGo to trim departures after more than 2,000 cancellations and a plunge in on-time performance exposed planning failures and pilot-rest problems.
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IMF approves $1.2 billion for Pakistan after economic and climate reviews
The IMF has approved another $1.2 billion for Pakistan, bringing total disbursements since last year to about $3.3 billion.
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Pegasus agrees to buy Smartwings and Czech Airlines for $180 million
Turkey’s Pegasus Airlines has signed a deal to acquire Smartwings and Czech Airlines, with ownership transfer expected within 12 months.
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Netflix agrees to buy Warner Bros Discovery for $72bn
The streaming giant has struck a deal for Warner Bros film and streaming assets, setting up one of the biggest ownership shifts in modern entertainment.
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IMF reaches preliminary deal with Ukraine on more than $8 billion package
The staff-level agreement could unlock fresh financing as Kyiv faces the strain of more than three years of war.
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Verizon starts more than 13,000 layoffs in major company reorientation
Verizon began cutting more than 13,000 jobs as CEO Dan Schulman said the company needed to reorient its cost structure and investment priorities.
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UK moves to prohibit live-ticket resale above face value
The proposed crackdown targets automated bulk buying and inflated secondary-market listings, though resale platforms warn it could drive trade underground.
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Emirates orders 65 Boeing 777-9s as Dubai Air Show opens
Emirates placed a 65-jet Boeing 777-9 order at the Dubai Air Show, underscoring long-haul demand through the Gulf hub.
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Brazilian court declares telecom operator Oi bankrupt
Reports dated 10 November 2025 documented brazilian court declares telecom operator Oi bankrupt, marking a significant business development.
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China suspends ban on exports of key chipmaking metals to the US
China said it was suspending a ban on exports of gallium, germanium, antimony and related materials used in chip and electronics manufacturing.
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BBC chief Tim Davie and news boss Deborah Turness resign in bias row
9, 2025. The BBC's director general and head of news quit after a former adviser accused the broadcaster of serious and systemic bias, with pressure mounting over an edited Trump speech and wider complaints about coverage.
Read report »Bulgaria rushes to secure Lukoil refinery as US sanctions near
Parliament in Sofia has expanded the powers of a state-appointed manager at Bulgaria’s only oil refinery in an effort to prevent a shutdown before sanctions on Lukoil take effect.
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Leaked memo accuses BBC Panorama of misleading edit of Trump speech
Former external adviser Michael Prescott alleged that a documentary joined remarks from different parts of Donald Trump's January 6, 2021 address.
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Singapore Sets Up SAFCo to Centralize Sustainable Aviation Fuel Purchases
The Civil Aviation Authority of Singapore has created a new entity to procure sustainable aviation fuel and support the city-state’s emissions target for flights.
Read report »Amazon announces 14,000 corporate job cuts amid AI investment push
The company said it would remove management layers and redirect resources while continuing to hire in selected areas.
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Pizza Hut UK Enters Administration and Cuts 68 Sites
Pizza Hut’s UK restaurant business plans to close 68 venues and 11 delivery sites after falling into administration, putting 1,210 workers at risk.
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Cambodia inaugurates $2 billion Techo International Airport
The three-runway airport south of Phnom Penh became the capital's main aviation hub, with officials looking to tourism and investment for future growth.
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