Chinese yuan to hit record lows • Russian central bank halts dollar • U.S. inflation edged up, and more - Business Headlines Thursday 28/November/2024

Business Headlines Thursday 28/November/2024

• Chinese yuan to hit record lows as U.S. tariff threat mounts, investment banks forecast
• Russian central bank halts US dollar purchases
• U.S. inflation edged up but investors aren’t fazed
• French markets hit by threat of government collapse
• Hong Kong plans crypto tax break for hedge funds and billionaire families
• Nvidia’s boss dismisses fears that AI has hit a wall. But it’s “urgent” to get to the next level, Jensen Huang tells The Economist
• Ex-Bank of China chairman slapped with suspended death sentence
• Adani Group reveals massive market value collapse loses following US fraud charges
• Russia expels British diplomat for alleged espionage
• Microsoft’s massive Outlook and Teams outage resolves after more than a day
• Hong Kong is becoming a hub for financial crime, US lawmakers say

Source: News Agencies