California is in for a brief weekend reprieve from damaging holiday storms that killed four people and hobbled Christmas travel, but weather officials warned of more wet weather heading to the rain-soaked state starting on New Year’s Eve.
China’s legislature approved revisions to the country’s foreign trade law, incorporating provisions to safeguard national sovereignty, security and development interests, state-run Xinhua News Agency reported Saturday.
Russia extended a temporary ban on gasoline exports through the end of February to maintain stability in its domestic fuel market.
Some of the UK’s biggest public sector pension funds are in talks to acquire a stake in holiday parks group Center Parcs, Sky News reported.
China’s industrial profits fell for a second month in November, adding to signs that weakening domestic demand and persistent deflation are weighing on corporate earnings.
Senegal raised 560 billion CFA francs ($1 billion) in a regional bond sale that was extended by several days, as the government faces funding pressures after a hidden-debt scandal limited access to international capital markets.
Bloomberg's Nina Trentmann discusses the outlook for dealmaking in 2026, the impact of geopolitics, how less deals have been challenged by FTC and DOJ, and the prospect of lowering financing costs with Vonnie Quinn and Isabelle Lee on 'Bloomberg Markets.' (Source: Bloomberg)
Emerging-market assets added to their recent advances on Friday amid thin holiday trading, as investor sentiment remained bullish heading into the year-end.
California is facing another day of heavy rain and risks of flash floods, prompting officials to warn about the dangers for road travel in this busy holiday period.
US stocks wavered near a record high in thin holiday trading as investors shifted attention to a relentless rally in commodities. Nvidia Corp. climbed as analysts viewed a licensing deal with artificial intelligence startup Groq positively.
