Nvidia Is the 'Rocky Balboa' of AI, Ives Says

Initial jobless claims in the US decreased by 6,000 to 216,000 for the week ending November 22, marking the lowest level since mid-April. This decline contrasts with economists' median forecast of 225,000 applications, while continuing claims rose slightly to 1.96 million, according to the Labor Department.

Cash-strapped startup Stegra AB has been awarded 390 million kronor ($40.9 million) in public grant money, contingent upon securing sufficient funds by next spring to complete its green steel project.

The UK government is contemplating an increase in bill issuance to diversify its investor base, a strategy aimed at enhancing the development of sterling money markets and attracting new buyers, including stablecoin issuers.

Adecco Group AG’s stock fell by 10% following the company's capital-markets day, where a new strategy was unveiled that failed to meet investor expectations. This significant drop reflects investor disappointment and concerns regarding the company's future direction.

Hungarian Prime Minister Viktor Orban is narrowing the opposition's lead in polls due to a series of pre-election spending initiatives aimed at boosting his party's support ahead of the upcoming elections.

The special purpose acquisition companies (SPACs) associated with Lutnick and Pomp are currently facing significant challenges due to a sharp decline in the cryptocurrency market. This downturn has raised concerns about the viability of deals made for cryptocurrency treasury firms, putting these SPACs at a critical juncture.

The Democratic Republic of Congo has not yet authorized the resumption of cobalt exports, nearly six weeks after a ban on shipments expired, according to a government regulator. This delay raises concerns about the country's ability to manage its critical mineral resources effectively.

South Africa has announced plans to vaccinate its entire cattle herd, which exceeds 7 million, against foot-and-mouth disease. This initiative aims to contain the disease in the country, which is the largest beef producer on the continent.