Business

Amid an ongoing strike by its mechanics in Sweden over a refusal to sign a collective wage agreement, Tesla has also filed a lawsuit against the country's postal workers. They have blocked deliveries of licence plates for its new cars, in solidarity with workers at the electric vehicle maker. Also in this edition, Chinese fast fashion giant Shein files to go public in the US and China tries to convince international investors to keep their supply chains in the country.

British Prime Minister Rishi Sunak is welcoming some 200 business leaders to Hampton Court for a forum aimed at boosting foreign investment in the UK. Also, US holiday shoppers seek out deeper discounts as Black Friday continues its move online, and Meta faces accusations of courting users aged under 13 in a US federal lawsuit.

The International Energy Agency has released a report saying that this is a "moment of truth" for the oil and gas industry, which needs to decide on what role it wants to play in the current climate emergency. Also, the German government is facing a budget crisis after the constitutional court ruled that it was unlawful to re-allocate unused debt. Plus, Elon Musk calls Tesla strikes in Sweden "insane".

After days of turmoil at OpenAI, ousted leader Sam Altman is to return as CEO. The San Francisco-based company issued a statement late on Tuesday saying an agreement had been reached in principle with Altman to take back his role with a new board. Also in this edition, the head of Binance, the world's largest crypto platform, steps down and pleads guilty to violating US anti-money laundering laws. Finally, we look at the housing shortage that's become a key issue in this Wednesday's elections in the Netherlands.

In the wake of an employee revolt in which most of OpenAI's staff have said they will resign if former CEO Sam Altman isn't reinstated, reports now say that the ChatGPT maker's investors are also working to bring Altman to the job he was fired from on Friday. In this edition, we look back at the tech entrepreneur's career as he takes up a new role at Microsoft. We also take a look at China's ongoing real estate troubles.

We take a closer look at how Argentina is suffering its worst economic crisis in decades and at the campaign promises made by its far-right president-elect, Javier Milei. We also dive into the unfolding saga at OpenAI, after its board fired co-founder Sam Altman. He's now been picked up by Microsoft, leading to a major shake-up in Silicon Valley.

Tech giant IBM has pulled its ads from X after they were run alongside pro-Nazi posts. The news comes after Elon Musk endorsed an anti-Semitic post on the platform. Meanwhile, the largest semiconductor equipment maker in the US, Applied Materials, is under criminal investigation for potentially evading export restrictions on China's top chipmaker. Plus, the lower house of Russia’s parliament has just approved its biggest ever federal budget. Finally, consumers may soon be able to purchase Hyundai cars on Amazon.

Chinese President Xi Jinping sought to charm elite US executives at a dinner in San Francisco Wednesday after meeting with his US counterpart Joe Biden. The business community stands to benefit from improved relations between the two superpowers. Also in this edition, we look at Thailand's proposal to build a "land bridge" that would connect the Indian and Pacific oceans. Meanwhile in the United Arab Emirates, flying taxis take centre stage at the Dubai air show.

As Chinese President Xi Jinping lands in San Francisco to attend the APEC summit and meet with his US counterpart Joe Biden, we take a look at the economic relationship between the two countries. In spite of tensions leading to trade restrictions and counter-measures, the two nations' trade was still worth over $750 billion in 2022. Also in this edition, French unemployment is on the rise, and Siemens Energy posts an annual loss of €4.59 billion.

At the Asia-Pacific Economic Cooperation (APEC) Forum on Tuesday, US treasury secretary Janet Yellen said a trade deal that would cover some 40 percent of the global economy "looks not to be complete". Her comments came after Democrat senator Sherrod Brown voiced his opposition to the text over labour standards concerns. Also in this edition, inflation in Argentina reaches new heights ahead of a presidential runoff and McDonald's joins forces with Crocs.