Japan to approve 39 trillion yen for consumer spending • Bitcoin moves towards $100,000 • US imposes sanctions on Russian banks, and more - Business Headlines Friday 22/November/2024

Business Headlines Friday 22/November/2024

• Japan PM Shigeru Ishiba's cabinet is set to approve a 39 trillion yen economic package to support consumer spending
• Bitcoin hits fresh record, marches toward $100,000 as rally continues
• US Treasury imposes sanctions on Russian banks, financial officials
• Adani group stocks stage a sharp rebound; surge up to 6% from 20% plunge after US bribery, fraud indictments
• Oil giant Phillips 66 hit with federal charges over Los Angeles oil pollution
• 6% of Nissan employees in U.S. to retire early in restructuring
• Serious Fraud Office opens bribery investigation into defence firm that employs 7,000 in UK
• Kenya drops over $2.5 billion of Adani deals after U.S. indictment
• China says it is willing to talk with U.S. to push forward bilateral trade
• India’s GDP growth to decelerate to 6.3% in 2025, says Goldman Sachs
• Foreigners dump Chinese government bonds as popular trade unwinds
• New EU diplomat vows tough stance on China, strong alliance with US
• Japan research team develops plastic that breaks down in seawater
• Crypto chief, Justin Sun, founder of blockchain network Tron buys banana for $6mn at contemporary art auction
• UK slaps sanctions on oligarch owner of a disused London Tube station in 'dirty money' crackdown
• Chinese managers limited flows to US funds after Trump victory
• Bluesky CEO Jay Graber says X rival is 'billionaire proof'

Source: News Agencies