Category: business
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Etihad Airways Expands Wide-Body Fleet with Order of 15 Airbus A330 Aircraft
Dubai, November 18, 2025 – Etihad Airways has placed an order for 15 Airbus A330-900 aircraft, boosting its wide-body fleet as the Abu Dhabi-based carrier targets ambitious growth goals, CEO Antonoaldo Neves announced on Tuesday at the Dubai Airshow 2025. The order includes six A330-900 aircraft to be purchased directly from Airbus (AIR.PA) and nine
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Singapore Exchange to Launch Bitcoin and Ether Perpetual Futures for Institutional Investors
Singapore, November 17, 2025 – The derivatives arm of Singapore Exchange (SGX) (SGXL.SI) announced on Monday that it will launch bitcoin and ether perpetual futures trading on its platform, with the new contracts set to go live on November 24, 2025. The trading will be available exclusively to accredited and institutional investors, SGX confirmed in
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U.S. Retail Investors Show Waning Conviction in Buying Market Dips
New York, November 17, 2025 – Retail investors in the U.S. stock market are exhibiting signs of reduced confidence in the market’s ability to rebound, according to recent data and analyst observations. This shift suggests that the individual investor-driven momentum behind recent rallies may be weakening. Individual investors have played a significant role in fueling
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Fidelity Sues Broadcom Over Software Access, Citing Risk of Massive Outages
Boston, November 17, 2025 – A subsidiary of Fidelity Investments has filed a lawsuit against Broadcom Inc. (AVGO.O), claiming that the technology company threatened to cut off access to critical software that underpins Fidelity’s financial systems. Fidelity warned that the termination could cause massive outages and trading disruptions unless a court intervenes. Fidelity Technology Group,
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SEC Approves Dimensional Fund Advisors to Launch ETF Share Classes for 13 Mutual Funds
Washington, November 18, 2025 – The U.S. Securities and Exchange Commission (SEC) has approved Dimensional Fund Advisors (DFA) to launch an exchange-traded fund (ETF) share class for 13 of its existing mutual funds, according to a notice posted on the SEC’s website late Monday. This approval removes the final regulatory hurdle for DFA, making it
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New World Development to Cut $1.3 Billion of Debt Following Early Bond Swap
Hong Kong, November 18, 2025 – New World Development (0017.HK), one of Hong Kong’s largest and most indebted property developers, announced on Tuesday that it expects to reduce $1.3 billion of its debt following the early deadline for its U.S. dollar bond exchange offer. The majority of the debt reduction comes from perpetual bonds. The
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Japan Ruling-Party Panel Proposes $161 Billion Supplementary Budget to Fund Stimulus
Tokyo, November 18, 2025 – A ruling-party panel of lawmakers close to Japanese Prime Minister Sanae Takaichi proposed a supplementary budget exceeding 25 trillion yen ($161 billion) on Tuesday to fund the premier’s planned economic stimulus package. This proposal is nearly double last year’s extra budget of 13.9 trillion yen, reflecting growing political pressure to
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TotalEnergies to Appeal French Antitrust Fine Over Corsica Fuel Supply
Paris, November 18, 2025 – French oil and gas giant TotalEnergies SE (TTEF.PA) announced on Tuesday that it will appeal a ruling by the French Competition Authority that imposed a fine on the company over its petroleum supply practices in Corsica. The decision comes as TotalEnergies disputes the regulatory authority’s assessment, citing the disproportionate nature
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CNPC Launches China Petroleum Electric Energy Co Ltd in Beijing to Expand New Energy Business
Beijing, November 18, 2025 – China National Petroleum Corporation (CNPC) officially inaugurated its power unit, China Petroleum Electric Energy Co Ltd, in Beijing on Monday, signaling the state-owned oil giant’s strategic push into the new energy sector. The power unit is intended to serve as CNPC’s core hub for its market-oriented power transition, as well
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Reserve Bank of Australia Signals Cautious Approach on Cash Rate Amid Strong Economic Data
Sydney, November 18, 2025 – The Reserve Bank of Australia (RBA) indicated on Tuesday that it may maintain the current cash rate of 3.6% for a longer period if incoming economic data continues to surprise on the strong side. However, the central bank also highlighted scenarios where further policy easing could be necessary depending on
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