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CNBC
- The talks on drugs including Novo Nordisk's Wegovy, GSK's Trelegy Ellipta, and Pfizer's Xtandi will set Medicare prices that go into effect in 2027.
- The three major averages posted strong weekly performances.
- Bitcoin rejoined the crypto rally amid reports that President-elect Donald Trump could release an executive order on crypto as soon as day 1.
- Vanguard to pay more than $100 million to SEC over violations involving target date retirement fundsThe payment stems from a 2020 change by Vanguard that led to redemptions in one class of target date funds.
- Xi after the call said that he and Trump both expressed hope for greater progress in U.S.-China relations, Reuters reported, citing the Chinese state media.
- Although President-elect Donald Trump could choose to not enforce the law, it's unclear whether third-party internet service providers will support the app.
- Dozens of flights turned back to their original airport or were delayed after the FAA warned about debris from the latest SpaceX rocket launch.
- European markets were in positive territory on Friday, setting the region’s stocks up for a weekly rise.
- The Israeli security cabinet has recommended approving the Gaza ceasefire and hostage return deal, ahead of a full cabinet meeting expected later on Friday.
- Tough new EU regulations requiring banks to bolster their cybersecurity systems officially came into effect Friday — but many firms aren't in compliance.
- The disappointing retail data adds to the dim economic picture in the U.K. and to the challenges facing Finance Minister Rachel Reeves.
- Honor's focus on high-end devices and technology is expected to continue under Jian Li, who will succeed Zhao as CEO.
- The real estate slump and uncertainty about future income have weighed on consumer spending and business confidence, adding to deflation concerns.
- Despite the threat of a trade war with the U.S., economists and analysts tell CNBC that this will not stop BRICS from expanding.
The Wall Street Journal
- Netanyahu’s office says the cease-fire agreement will go into effect Sunday.
- Israel and Hamas have yet to agree on a host of issues, deferring them to later stages of the multiphase cease-fire deal.
- Envoy Steve Witkoff, carrying a message from Donald Trump, broke through the impasse in long-futile cease-fire talks.
- Chrystia Freeland blew up the career of her top political ally, Justin Trudeau. Now, she is taking on an old friend, the former central banker Mark Carney.
- Chinese leader Xi Jinping spoke with President-elect Donald Trump on Friday on the heels of Beijing’s plan to dispatch the nation’s vice president to next week’s inauguration.
- The country’s population fell for a third straight year as deaths outpaced births.
- Three lawyers who defended the Russian opposition leader before his death were sentenced to up to five years as the biggest crackdown on dissent since the Soviet era deepened.
- Prime minister’s maneuverings reflect divide in Israeli society over a deal.
- China said that its economy expanded by 5% last year, but a variety of weak signals have made some outside economists dubious.
- In a quiet corner of the island, locals suddenly find themselves at the center of a geopolitical power play.
- The American filmmaker drawn to the dark and surreal created movies and TV shows that became cult classics.
- Carney promised an economic agenda focused on lifting the country from a period of stagnant growth.
- The move comes after the Biden administration last week accused a Sudanese rebel group of committing genocide.
- A government inquiry called for legal action against an unnamed person involved in the foiled conspiracy.
- Facilities have been preparing by conducting simulations and poring over medical records and Hamas videos.
FINANCIAL TIMES
- Pact to stop fighting and free hostages endorsed by Netanyahu government before going into force Sunday
- Easing underlying US inflation pressures and strong bank earnings ‘emboldened the bulls’ on Wall Street
- Formalities to be moved inside the US Capitol for the first time in 40 years
- The city is pushing to rebuild areas devasted by wildfires. But the costs and the mounting risks of future disasters are hard to overcome
- Unanimous decision puts future of popular video app in hands of Donald Trump
- The past dramas of ‘comp days’ have given way to more sanitised procedures
- School and workers’ rights reforms jar with the government’s stated growth mission
- Airline angered many customers after announcing controversial shake-up to its executive club points system
- Conversation between US and Chinese leaders comes days before president-elect’s inauguration
- Authorities launch operation as they seek a role in postwar Gaza
- A sudden surge of US users on Xiaohongshu, also known as RedNote, could threaten China’s Great Firewall
- Interview: PM says tariffs ‘aren’t in anybody’s interests’ ahead of president-elect’s inauguration on Monday
- Increase aims to reduce reliance of migration and borders system on taxpayer funding, says Home Office