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HSBC Holdings' board has appointed headhunters to start the recruitment of its next chairman to succeed Mark Tucker, Sky News reported on Saturday. The London-listed, Asia-focused bank will consider both existing non-executive directors and outsiders to succeed Tucker, the report said, citing sources. The bank has appointed headhunters including MWM Consulting to run the process, the report added.

Notre Dame Cathedral in Paris, damaging large portions of the 860-year-old Gothic-style building, the world is getting a look at the painstaking restoration efforts to bring the church back to life.French President Emmanuel Macron toured the UNESCO World Heritage Site Friday, trailed by a pool of photographers and journalists, taking in the meticulous, €700 million (more than C$1 billion) restoration.And what a difference – “This is overwhelming,” he said as he viewed the glistening, cleaned white stones, Reuters reported.Macron thanked the nearly 400 firefighters who “saved this cathedral” on April 15, 2019 – the day the world watched in horror as a fire that started in the roof spread rapidly, sending flames and smoke high into the sky.“The blaze at Notre Dame was a national wound and you were the remedy, through your determination, hard work and commitment,” he said, speaking to the approximately 1,300 workers who gathered to welcome Macron and celebrate their achievements.The fire destroyed the church’s spire and roof and left heavy smoke and water damage to the main cathedral area of the building.After the fire was extinguished that day, Macron pledged to the public that “we will rebuild the cathedral to be even more beautiful, and I want it to be completed within five years.”On Friday, Marcon gazed up at rebuilt soaring ceilings and creamy good-as-new stonework.Gone are the gaping holes that the blaze scorched into the vaulted ceilings, leaving charred piles of debris. New stonework has been carefully pieced together to repair and fill the wounds that had left the cathedral’s insides exposed to the elements.

NATO military alliance, but that it had sent a message to its allies to show that the matter of the invitation was not off the table. According to the text of a letter seen by Reuters earlier, Ukraine's foreign minister urged his NATO counterparts to issue an invitation during a meeting in Brussels next week to Kyiv to join the Western alliance. «We have sent a message to the allies that invitation is not off of the table, regardless of different manipulations and speculations around that,» Olga Stefanishyna, deputy prime minister in charge of NATO affairs, told Reuters.

World economies and equity markets have had a robust year, with global growth expected to average 3.1 per cent this year, a Reuters poll published in October showed. Forecasts from some top banks on economic growth, inflation and the performance of major asset classes in 2025 have resonated the broader overview, Reuters reported. Also Read :Black Friday vs Cyber Monday: Which day offers the best deals and discounts?

HSBC is pulling back from its credit card business in China eight years after its launch, as the lender struggled to expand and make the enterprise profitable in the world's second-largest economy, sources with knowledge of the matter said. The Asia-focused bank has stopped issuing new cards and is working towards winding down the service offered to a large part of China onshore customers, three sources with direct knowledge of the matter said. Two of the them said the planned closure comes after failed attempts to sell the business.

Adani stocks will be in focus on Friday after reports suggested Indian banks are reevaluating their exposure to the conglomerate. This follows charges of bribery and fraud filed by U.S. prosecutors against Chairman Gautam Adani and others. Public sector banks, including the State Bank of India (SBI), Bank of India, and Union Bank of India, are leading the review, with private lenders such as ICICI Bank, Canara Bank, IDBI Bank, and RBL Bank also involved, according to a Reuters report.

Oil prices edged lower in Asian trading on Thursday, after a surprise jump in U.S. gasoline stocks ahead of the nation's Thanksgiving holiday sparked worry over demand in the top consumer of the motor fuel. Brent crude futures fell by 4 cents, or 0.1%, to $72.79 per barrel by 0220 GMT, while U.S. West Texas Intermediate crude futures were a cent lower at $68.71 a barrel.

Subscribe to enjoy similar stories. New Delhi: The Andhra Pradesh government has granted a second extension to Adani Green Energy Ltd for supplying renewable power after the company missed two earlier deadlines citing transmission unavailability, said three people aware of the development. Adani Green’s original deadline of March was extended to September.

Ukraine at their fastest rate since the early days of the 2022 invasion while they have already captured approximately 235 square kilometers (91 square miles) in just the past week, reported Reuters. This actually marks a record for the year 2024, with eminent analysts noting that Russian troops have taken control of near about 600 square kilometers (232 square miles) throughout the month of November. According to Reuters, the front line which had been largely static for two years is now seeing renewed activity, specifically in the Donetsk region where Russian forces are pushing towards key towns such as Kurakhove and Pokrovsk. The situation is becoming increasingly precarious while reports are claiming that North Korean troops are being deployed to support the Russian operations. Reuters asserted that Ukrainian President Volodymyr Zelenskiy has indicated that Russia's main objectives include occupying the entire Donbas region and pushing Ukrainian forces out of areas they have controlled since the month of August.

unemployment benefits fell again last week, but many laid-off workers are experiencing long bouts of joblessness, keeping the door open to another interest rate cut from the Federal Reserve in December. Initial claims for state unemployment benefits dropped 2,000 to a seasonally adjusted 213,000 for the week ended Nov. 23, the Labor Department said on Wednesday. The report was published a day early because of the Thanksgiving holiday on Thursday. Economists polled by Reuters had forecast 216,000 claims for the latest week. Claims have retreated from the near 1-1/2-year high seen in early October, which was the result of hurricanes and strikes at Boeing and another aerospace company.

equity indexes. This was the strongest one-day gain for the local currency since June 3, LSEG data showed. The rupee rose to 84.25 intraday, according to Reuters, but likely dollar absorption by the Reserve Bank of India put a cap on the appreciation, traders said.

Italian lender UniCredit on Monday offered to snap up its domestic rival Banco BPM for roughly 10 billion euros ($10.5 billion) in a move it says is separate from its pursuit of German bank Commerzbank.

Alexandria. Activists and local residents accuse the plant operated by the Alexandria Portland Cement Company (APCC), a subsidiary of Greece’s Titan Cement, of fouling the air by burning coal. «Every night, we see particles falling from their chimneys. Under street lights, you can clearly see the dust raining down,» said Mostafa Mahmoud, a grocery store owner in the Wadi al-Qamar neighbourhood.

The benchmark S&P 500 rose 1.7% in the past week and approached all-time highs as investors digested the end of a solid third-quarter corporate reporting season. Earnings are on pace to have climbed about 9% from a year earlier, Reuters reported. But recent earnings from two high-profile retailers yielded sharply different prospects: Walmart on Tuesday raised its annual sales and profit forecast for the third consecutive time, while Target shares tumbled after it forecast holiday-quarter comparable sales and profit below estimates on Wednesday.

Iran will hold talks about its disputed nuclear programme with three European powers on November 29, the Iranian foreign ministry said on Sunday, days after the U.N. atomic watchdog passed a resolution against Tehran, as per a report. Iran reacted to the resolution — proposed by Britain, France, Germany and the United States — with what government officials called various measures such as activating numerous new and advanced centrifuges, machines that enrich uranium, Reuters reported. Japan's Kyodo news agency, which first reported that the meeting would take place on Friday in Geneva, said Iranian President Masoud Pezeshkian's government was seeking a solution to the nuclear impasse ahead of the inauguration in January of U.S. President-elect Donald Trump.

Las Vegas Grand Prix 2024 is being held on Saturday night. Las Vegas Grand Prix 2024 will take place at Las Vegas Strip Circuit.

Adani Energy Solutions said on Saturday that Kenya's cancellation of a $736 million transmission line project did not require it to make any regulatory disclosure under Indian stock exchange rules as it was within its ordinary course of business.

Ukraine's Donetsk region, their latest gain in what Defence Minister Andrei Belousov described as an accelerated advance.

private military contractor group were killed in an attack in central Mali, according to a Reuters report citing the SITE Intelligence Group. The assault was claimed by an al-Qaeda affiliate in North Africa, highlighting the volatile security situation in the region. This incident underscores the persistent dangers faced by Wagner forces operating in Mali, where they are deployed to support the military junta, Reuters reported.

Some global banks are considering temporarily halting fresh credit to the Adani Group after the U.S. indictment but maintaining existing loans, sources told Reuters. Ratings agency S&P warned in a statement that the group will need regular access to equity and debt markets given its large growth plans, but it might find fewer takers.

Sagar Adani, the nephew of industrialist Gautam Adani, and six others in connection with an alleged bribery and fraud scheme linked to a renewable energy project in India. Prosecutors allege that the defendants, including Gautam Adani, conspired to pay $265 million in bribes to Indian government officials to secure contracts for developing India's largest solar power plant. The Adani Group has denied the allegations, terming them baseless. The company has stated that it will explore “all possible legal recourse” to address the charges.