Venezuela Taps Chevron for Feedstock After US Blocked Ship

The U.S. Securities and Exchange Commission (SEC) is investigating Jefferies regarding the information disclosed to investors about their exposure to First Brands, a car parts group that has recently collapsed. This inquiry raises concerns about the transparency and accuracy of financial communications from Jefferies to its clients.

Brazil is seeking cooperation from the United States as a money laundering investigation has raised concerns regarding firms based in Delaware. This inquiry highlights potential financial misconduct linked to these entities, prompting Brazilian authorities to request assistance from their U.S. counterparts.

The US is implementing deregulation measures for banks, aiming to enhance lending and profitability, which could further solidify American financial dominance. Critics, however, warn that these changes may increase the risk of a financial crisis similar to past events.

Japan and the United States are reportedly considering the establishment of a public-private partnership to develop a memory chip manufacturing plant. This initiative aims to bolster semiconductor production capabilities amid increasing global demand and supply chain challenges.

Gold prices have stabilized after a nearly 1% increase in the previous session, driven by rising expectations of an interest rate cut by the Federal Reserve. This sentiment reflects a growing belief among traders that the Fed may reduce rates in December, influencing the demand for gold as a safe-haven asset.

Osaka Gas is planning to increase its investments in US gas-fired power plants, driven by the rising demand for reliable energy due to the growth of artificial intelligence and data centers. This strategic move reflects the company's response to evolving market needs and technological advancements.

Initial jobless claims in the US have decreased by 6,000 to 216,000 for the week ending November 22, marking the lowest level since mid-April. This decline in claims indicates a reduction in layoffs and suggests a more stable labor market.

HP has announced plans to cut up to 6,000 jobs globally by 2028 as part of a significant restructuring effort aimed at accelerating product development through the adoption of artificial intelligence. This decision follows a lower-than-expected profit outlook for the upcoming year, reflecting ongoing challenges within the company.