Guyana said it’s intensifying security measures and engaging the US military to help it protect the oil-rich region of Essequibo, describing Venezuela’s intentions to grant oil exploration licenses in the area as a threat to its territorial integrity.
Trafigura Group and one of its longstanding top executives have been charged over allegations of bribing public officials in Angola, in a major blow to one of the world’s largest commodity traders.
Saudi Arabia recorded higher budget revenues than expected this year despite a sharp drop in oil prices and production.
US companies scaled back hiring in November, with manufacturers reducing headcount to the lowest level since early 2022, adding to evidence of a cooling labor market.
The Bank of England warned that wider adoption of artificial intelligence could bring systemic risk to the financial system and said it would review how to ward off the threat in 2024.
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