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US to zero out tariffs on UK pharma under trade deal
US to zero out tariffs on UK pharma under trade deal
by  AFP

The United States on Monday exempted British pharmaceuticals from import tariffs under a unique deal which sees the UK increase spending on American drugs by 25 percent. The UK government on Monday said it will "invest around 25 percent more in innovative, safe, and effective treatments -- the first major increase in over two decades."

In contrast to Europe, Tesla sets sales records in Norway
In contrast to Europe, Tesla sets sales records in Norway
by  AFP

Tesla has sold more cars in Norway in 11 months than any other brand in a whole year, according to statistics published on Monday, in contrast to the rest of Europe where the electric car brand run by Elon Musk has faced headwinds. In Norway Tesla has sold nearly 29,000 cars since January, surpassing the record of any brand for an entire year.

Airbus confirms 'quality issue' on A320 panels
Airbus confirms 'quality issue' on A320 panels
by  AFP

European plane-maker Airbus said Monday it had detected a "quality issue" affecting metal panels on its popular A320 passenger jet but the problem was "contained". "Airbus confirms it has identified a supplier quality issue affecting a limited number of A320 metal panels," a spokeswoman for the company told AFP, confirming earlier media reports.

UK withdraws loan for Mozambique gas project
UK withdraws loan for Mozambique gas project
by  AFP

Britain's government said Monday it would no longer provide TotalEnergies with a loan for a gas project in Mozambique that the French group halted over a jihadist attack.

Asian markets mixed as traders eye US data ahead of Fed decision
Asian markets mixed as traders eye US data ahead of Fed decision
by  AFP

Asian equities were mixed Monday with investors awaiting the release of key US data that could play a role in Federal Reserve deliberations ahead of an expected interest rate cut next week. After last week's healthy gains and Wall Street's strong Thanksgiving rally, Asian equities were mixed.

Long-lost Rubens 'masterpiece' sells for almost 3 mn euros
Long-lost Rubens 'masterpiece' sells for almost 3 mn euros
by  AFP

A long-lost painting by 17th-century Flemish master Peter Paul Rubens sold at auction in France on Sunday for almost three million euros -- well beyond its asking price. Osenat, whose auction house sold the painting for 2.94 million euros ($3.41 million) against an expected 1-2 million euros, found the painting as he was preparing the property to be sold.