Asian Technology and Chipmaking Stocks Slide as AI Spending Concerns Shake Markets 
Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface 
China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand 
Japan PMI Data Signals Manufacturing Stabilization as Services Continue to Drive Growth 
Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing 
Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist 
FDA Says No Black Box Warning Planned for COVID-19 Vaccines Despite Safety Debate 
Trump Urges Hall of Fame Induction for Roger Clemens Amid Renewed Debate 
EU Signals Major Shift on 2035 Combustion Engine Ban Amid Auto Industry Pressure 
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 
Trump Set to Announce Washington D.C. as Host of 2027 NFL Draft 
NBA Returns to China with Alibaba Partnership and Historic Macau Games 
Asian Stocks Slide as Central Bank Decisions and Key Data Keep Investors Cautious 
Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges 
Trump Draws Cheers at Ryder Cup as U.S. Trails Europe After Opening Day 
Trump to Host UFC Event at White House on His 80th Birthday 
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.
