- Billionaire Salinas Faces $2.8 Billion Mexico Tax Claim Showdown December 19, 2025Companies controlled by billionaire Ricardo Salinas Pliego will get a multibillion-dollar tax bill in January, and he will need to pay up or face consequences, Mexico’s President Claudia Sheinbaum said Friday.
- Fatburger Owner Faces Allegations It Masked Liquidity Crunch December 19, 2025One of FAT Brands Inc.’s shareholders is suing the restaurant-chain owner for allegedly hiding the true extent of its debt amid a darkening financial outlook that saw its stock hit a multiyear low this week.
- Singer’s Elliott Wins Ruling Forcing PE Firm to Wind Down Fund December 19, 2025Paul Singer’s Elliott Investment Management Inc. convinced a judge to grant its request to liquidate an oil and gas fund as part of a legal fight with a Texas private equity firm managing the assets.
- Sony takes majority control of Peanuts in deal with Canada’s WildBrain, Schulz family retains minority share December 19, 2025Sony buys a majority stake in the 'Peanuts' comic for $457 million from Canada's WildBrain
- Aircraft lessors had had enough of SpiceJet. How then is it flying? December 19, 2025The airline is nearly operating as many wet-leases as those operational from its own fleet. It has also benefited from the market turbulence in early December due to IndiGo’s operational meltdown.
- 'Clear exit rules will encourage NPS participation': Finance Ministry December 19, 2025New rules for the National Pension System offer more flexibility. Subscribers can now withdraw their entire pension wealth in a lump sum if it is ₹2 lakh or less. These changes aim to make the NPS more inclusive and responsive to subscriber needs. The amendments also provide clearer provisions for nominees and legal heirs.
- PFRDA: Schemes on assured returns face clashing rules December 19, 2025The Pension Fund Regulatory and Development Authority (PFRDA) in India is facing a daunting challenge in rolling out minimum return guarantee products. A conflict within the PFRDA Act complicates the launch of these vital offerings.
- India & Oman will work to roll out trade pact in three months: Piyush Goyal December 19, 2025India and Oman are set to implement a free trade agreement in the next three months. This pact allows Indian firms to employ 100% Indian staff for their investments in Oman. Oman offers zero-duty access on over 98% of its tariff lines for Indian exports. Indian businesses can invest in sectors like steel, energy, education, and healthcare in Oman.
- India-EU trade pact: Piyush Goyal to visit Brussels on January 8-9 December 19, 2025Commerce Minister Piyush Goyal will visit Brussels next month for crucial trade talks. Negotiations for a proposed trade pact with the European Union are in their final stages. Both sides are working to bridge differences and conclude a comprehensive agreement soon. This pact aims to boost bilateral trade and cover 23 policy areas.
- Russia's Sberbank allowed to import gold into India December 19, 2025India has authorized Russia's Sberbank to import gold into the country. This inclusion is effective from June 25, 2025, until March 31, 2026. Sberbank joins Indian Overseas Bank and Union Bank of India on the list of gold importers for Fiscal Year 2026.
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