Citigroup hands out 8,500 year-end promotions

Elon Musk claimed a cyber attack on his social media platform X originated in Ukraine, leading to outages and business troubles, including Tesla's stock falling 15%. SpaceX lost a rocket, Starlink contracts were cancelled, and protests erupted over Musk's role in cutting government contracts. Musk criticized US aid to Ukraine, calling Senator Mark Kelly a "traitor" and advocating for the US to leave Nato. Full Article

Entrepreneur contributors shared their experiences as an HR tech and fintech entrepreneur, detailing the creation of DailyPay and Salt Labs, the growth of the earned wage access market, and the acquisition of Salt Labs by Chime Financial. Key insights include focusing on doing one thing well, diversifying investors for reach, and prioritizing the right executive team based on company scaling. The importance of cash in exiting a company and focusing on tasks only the founder...

The Fidelity European Trust focuses on stock selection to achieve consistent long-term outperformance by identifying companies with sustainable dividend growth, positive fundamentals, cash generation, strong balance sheets, and attractive valuations. They aim for balance across sectors and prioritize quality businesses to outperform in weaker markets. Opportunities in Ryanair and TotalEnergies are highlighted for their attractive valuations, strong management teams, sustainable capital returns, and focus on renewable energy. Legrand is seen as a key player in...

The United States plans to impose tariffs on steel and aluminum imports from Canada, sparking support from American steel and aluminum companies who believe foreign rivals benefit from unfair trade practices. While some fear increased costs and retaliation, others believe the tariffs will spur investment in domestic production. The tariffs aim to level the playing field for American manufacturers, with differing opinions within the steel and aluminum industries on the potential impact of the tariffs...

Global stock markets dropped on Monday due to concerns about the U.S. economy and the impact of tariffs on businesses, with futures for the S&P 500 falling 1.5 percent in premarket trading. Stocks in Europe and Asia also declined, with the eurozone index falling 1.2 percent and Hong Kong's Hang Seng Index dropping over 1.8 percent. Investor uncertainty has been fueled by President Trump's unpredictable tariff policies, leading to heightened fears of a global recession,...

Ukraine seeks to persuade the US to resume intelligence and military support in high-stakes talks this week by proposing a partial ceasefire with Russia and emphasizing Zelenskyy's desire for a swift end to the war. US secretary of state Marco Rubio will lead the negotiations in Saudi Arabia, with Trump hinting at a potential reversal of the aid freeze. Kyiv aims to prioritize repairing ties with the US and securing a broader agreement with Russia,...