Bloomberg L.P.
India's largest airline, IndiGo, has canceled over 70 flights from key cities due to a pilot shortage and technological disruptions. This is attributed to new flight time limitation rules and a software glitch in Airbus aircraft.
In Hong Kong, authorities ordered the immediate dismantling of external scaffolding at 210 sites after a fire killed 159 people. The investigation revealed suspicions of the use of forged safety certificates for materials.
Putin will pay a state visit to India on December 4-5 for talks with Prime Minister Narendra Modi. The meeting takes place against the backdrop of India continuing to massively buy discounted Russian oil, despite warnings from Washington.
This year, the price of silver has risen by 100%, outperforming gold, thanks to supply shortages and high industrial demand. Metal reserves are close to historical lows, exacerbating the risk of scarcity.
Italian Foreign Minister Antonio Tajani stated that it was premature for the country to participate in the NATO program for purchasing American weapons for Ukraine due to peace talks. This indicates a change in the strategy of Giorgia Meloni's government regarding Ukraine.
Insurance for vessels heading to Black Sea ports has more than tripled after a series of Ukrainian attacks on Moscow-linked maritime targets. According to the broker Marsh, the cost of coverage for visiting Russian ports has increased by more than 250%.
Russia is struggling to deliver oil under US sanctions, which has led to a 21% increase in oil volumes at sea in three months. The average voyage time for the flagship ESPO crude to Chinese ports has increased to over 12 days.
Shares of American Bitcoin, a cryptocurrency mining company backed by Donald Trump Jr. and Eric Trump, fell by almost 40%, losing about $1 billion in market capitalization. Eric Trump attributed the decline to investors' ability to lock in profits after the share lock-up period ended.
The administration of US President Trump plans to expand the US travel ban to 30 countries after a shooting in Washington where a servicewoman was killed. The suspect is an Afghan citizen who arrived in the US in 2021.
Canada is calling on NATO for a more systemic approach to Arctic security amid geopolitical changes. Foreign Minister Anita Anand will raise the issue at a meeting of NATO ministers.
The Irish media regulator has launched an investigation into TikTok and LinkedIn. The reason is a suspicion of inadequate mechanisms for reporting illegal content, which could lead to a fine of up to 6% of annual revenue.
Exxon Mobil is in talks with Iraq to acquire Lukoil's controlling stake in the West Qurna-2 field. This field accounts for 9% of Iraq's oil production, and potential buyers can negotiate until December 13.
Bulgarian police detained 71 people after overnight clashes amid the largest anti-government protests in a decade. The government is withdrawing the budget bill after escalating tensions.
The European defense sector grew by 13. 8% in 2024, reaching a turnover of €183.4 billion. This growth is a result of increased defense budgets following Russia's full-scale invasion of Ukraine.
US President Donald Trump urged Israel to continue dialogue with Syria after a border incident that escalated relations. This happened after Israeli soldiers were wounded during an operation near the Syrian border.
Gasoline prices in the US have fallen to $3 a gallon, the lowest level since May 2021. This drop is due to cheaper crude oil and weak consumer demand, although the price is still significantly higher than Trump's pre-election promise of $2 a gallon.
Ukraine aims to receive additional funding from Europe totaling approximately 1 billion euros or 1. 2 billion dollars by the end of the year. The funds are needed to ensure the uninterrupted acquisition of equipment through the PURL program, which finances the purchase of American weapons.
Romania will have to independently deter the enemy in case of a Russian invasion; NATO troops will only be able to help after several weeks. This was revealed by military exercises in Cincu, which focused on ground combat.
The Russian-linked tanker "Mersin" suffered four external explosions near Dakar, Senegal, resulting in seawater entering the engine room. This is the third such incident in a few days involving Russian tankers; the SBU may be involved in the two previous ones.
Airbus discovered a defect in A320 fuselage panels and a massive software failure affecting 6,000 aircraft. This caused an 11% drop in shares and concerns about delivery schedules.
Indian state-owned refineries Indian Oil and Bharat Petroleum are resuming purchases of discounted Russian crude oil at around $5 a barrel. India's total purchases are unlikely to exceed 600,000 barrels per day, with payments made in UAE dirhams and US dollars.
Israeli Prime Minister Benjamin Netanyahu has submitted an official request for a pardon to President Isaac Herzog. The request concerns charges of bribery, fraud, and breach of trust in three cases.
Hong Kong authorities are responding to public outrage after a deadly fire by arresting 11 people and warning of measures against inciting unrest. National Security Police questioned the initiator of an online petition with demands to the government.
The director of a private enterprise in Odesa is suspected of illegal construction in a recreational zone on the Black Sea coast. According to the investigation, since 2022, the company has been using the land free of charge and receiving profits from a hotel complex on this plot.
European stock markets are showing significant growth, with half of the world's top 20 markets being European. Investors are increasing their investments in Europe amid lower inflation and anticipated corporate earnings growth.
South African law enforcement officers detained four men at an airport near Johannesburg, suspecting them of being mercenaries for the war against Ukraine. They planned to fly to Russia via the UAE to join the occupation forces.
Ukrainian officials Rustem Umerov and Serhiy Kyslytsia have traveled to the US to discuss a peace plan. They will meet with US envoy Steve Witkoff and Jared Kushner in Florida.
Dictator Putin signed the law on the Russian Federation's federal budget for 2026–2028, which envisages a deficit and a significant increase in funding for the military and security sectors. Spending on the army and security will exceed social expenditures.
Airbus announced an immediate software update for 6,000 A320 aircraft due to a vulnerability discovered after an incident involving data corruption in control systems due to solar radiation. The company acknowledges that this will lead to operational disruptions, but flight safety is the priority.
Norway plans to maintain the current level of aid to Ukraine in 2026, allocating 85 billion kroner ($8. 4 billion). This is due to the low probability of a quick peace and broad support in parliament.