Trump Booed at Club World Cup Final, Praises Pele as Soccer’s GOAT 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Australian Household Spending Dips in December as RBA Tightens Policy 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Trump Signs Executive Order Targeting Big-Money College Athlete Payouts 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Asian Currencies Stay Rangebound as Yen Firms on Intervention Talk 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Yen Slides as Japan Election Boosts Fiscal Stimulus Expectations 
U.S. Plans $115 Million Counter-Drone Investment to Secure FIFA World Cup and Major National Events 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
The Mercedes Formula One team and Petronas have extended their multi-year title sponsorship deal worth US$75 million per year, taking the contract past its current 2026 expiration.
As part of the early renewal deal, the two parties will work towards the 100 percent sustainable fuel due to debut in the global motorsport series in 2026.
As the new engine regulations require a 50 percent electrification of the power unit, the early renewal allows for a more focused approach without distractions by contract negotiations.
The partnership, which began in 2010, will also include more focus on new sustainable technology solutions beyond the racetrack.
The Brackley-based racing outfit has already progressed in this direction, including plans to use Sustainable Aviation Fuel for its air travel and Hydrotreated Vegetable Oil biofuel for its road freight in efforts to lower its CO2 emissions towards being net zero carbon by 2030.
According to Toto Wolff, Mercedes Formula One’s team principal, from 2026, advanced sustainable fuel will be at the heart of Formula One performance through both the power unit and Petronas Fluid Technology Solutions.
The Malaysian oil and gas giant Petronas already provides advanced sustainable E10 gasoline as standard for the current engine requirements for Mercedes and their customer teams, and it is making additional efforts to make sure it is prepared for the future.
