Real-time News

The United States updated its counterterrorism designation list, removing several designations associated with Russia.

According to the UAE's national news agency, Abu Dhabi National Oil Company will establish a new company to manage the Ghasha sour gas field, which is expected to produce 1.8 billion standard cubic feet of natural gas per day, as well as 150,000 barrels of oil and condensate.

According to the UAE's national news agency, Abu Dhabi National Oil Company will increase its natural gas reserves by 7 trillion standard cubic feet, bringing its total reserves to 297 trillion standard cubic feet.

Amazon’s Project Kuiper, the low Earth orbit (LEO) satellite division, has unveiled a new “Ultra” antenna with gigabit-speed capabilities and begun enterprise previews.

According to the UAE's national news agency, the board of directors of Abu Dhabi National Oil Company will increase oil reserves by 7 billion barrels, bringing its total reserves to 120 billion barrels.

The Federal Deposit Insurance Corporation's quarterly report shows that all major U.S. banks achieved overall profitability, and the number of non-profit banks in the U.S. banking sector decreased by 14.7% quarter-over-quarter.

On November 24th, according to the Financial Times, Ukraine's First Deputy Foreign Minister Kyslytsya stated that the United States and Ukraine have drafted a new 19-point peace agreement, but left the most politically sensitive parts to be decided by the two presidents. Kyslytsya, who participated in the peace talks in Geneva as part of the Ukrainian delegation, described the meeting as an "intense" but "productive" effort that ultimately resulted in a thoroughly revised draft document that left both sides feeling "positive." After several hours of arduous negotiations, the US and Ukrainian teams reached agreements on several issues, but left the most contentious issues—including territorial disputes and relations between NATO, Russia, and the United States—"in brackets" for Trump and Zelensky to decide. The Ukrainian side stated that they were "not authorized" to make decisions on territorial issues—especially the cession of land as suggested in the initial draft plan—which, according to the Ukrainian constitution, requires a national referendum. Kyslytsya said the new draft bears little resemblance to the earlier leaked version of the peace proposal, adding, "The original version left almost nothing behind." He stated, "We have formed a solid consensus framework where we can compromise on some issues, and the rest will require decisions from the leadership."

European Central Bank President Christine Lagarde: The current wave of investment in hyperscale computing companies shows that computing power remains a limiting factor. Training and deploying larger models requires significant investment in data centers and energy.

European Central Bank President Christine Lagarde: If Europe's AI wave resembles the spread of electricity in the 1920s, then annual productivity growth could increase by about 1.3 percentage points. But if it follows the path of the US digital boom of the late 1990s, the increase would be closer to 0.8 percentage points.

European Central Bank President Christine Lagarde: There is reason to believe that AI may spread faster than previous technological waves and deliver tangible economic benefits more quickly.

European Central Bank President Christine Lagarde: Embracing artificial intelligence can still allow Europe to maintain its advantage.

Oracle (ORCL.N) fell 2%, marking its third consecutive day of decline.

Kremlin: European peace proposals are not constructive.

EU Trade Commissioner Šefčovič: From the beginning, we have respected our mutual commitments on tariffs.

Kremlin: There are currently no scheduled talks between Russia and the United States to discuss the plan.

The Dow Jones Industrial Average opened 79.64 points higher, or 0.17%, at 46,325.05 on Monday, November 24; the S&P 500 opened 40.95 points higher, or 0.62%, at 6,643.91; and the Nasdaq Composite opened 219.25 points higher, or 0.98%, at 22,492.33.