US

Banking & finance

Citi to cut 20,000 roles in Fraser’s bid to boost returns

CEO Jane Fraser is cutting management layers from 13 to 8

Geopolitics

US and allies launch airstrikes on Houthi targets across Yemen

This marks a significant escalation in the weeks since Hamas militants attacked Israel on Oct 7 and Israeli forces responded

Aviation & Engineering

Global air traffic for November back to 99.1% of pre-Covid level

Growth was particularly strong in China, with an increase of 272% y-o-y
How Russia punched an US$11 billion hole in the West’s oil sanctions - THE EDGE SINGAPORE

Geopolitics

How Russia punched an US$11 bil hole in the West’s oil sanctions

The importance of the shadow fleet to Moscow is evident — it moved about 45% of Russia’s oil this year.
Biden and Xi strike deals on military communications, fentanyl, AI - THE EDGE SINGAPORE

Geopolitics

Biden and Xi strike deals on military communications, fentanyl, AI

Not all of the conversation was serious

Geopolitics

US, China agree in principle on Biden-Xi meeting next month

The potential breakthrough follows this week’s visit by Chinese Foreign Minister Wang Yi

Geopolitics

Israel must fight Hamas, not Palestinians

The worst can only be prevented if Israel limits its retribution to Hamas, sparing Gazans

Geopolitics

Biden, Xi meeting becomes more likely, sources say

Advance teams for both countries have been scouting possible meeting sites in San Francisco

Geopolitics

Taiwan does not need war

No matter who wins that war, the Taiwanese would not

Geopolitics

Twenty good fellows

It would be good if the G20 found a mechanism to subsume political differences among its members to the common need
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