FTX founder Sam Bankman-Fried was arrested in the Bahamas at the behest of US prosecutors on Monday, the day before he was due to testify before Congress about the abrupt failure last month of one of the world’s largest cryptocurrency exchanges.

Trending on WION: Former FTX founder Sam Bankman-Fried arrested in Bahamas

The two-time Olympic 800m champion David Rudisha has survived a plane crash in south-east Kenya three years after also escaping unharmed from a car wreck.

Former Olympic champion David Rudisha survives plane crash

Hong Kong scraps some its last Covid-19 restrictions that have crushed the city’s economy and undermined its status as a financial hub. Additionally, the much criticised "0+3" regime has also be taken away.

Hong Kong scraps Covid restrictions for arriving travellers

In the latest sign of improving PlayStation 5 supply, Sony Group led a big jump in video-game hardware sales in the US last month. The Tokyo-based entertainment giant drove a 45 per cent spurt in US games hardware sales in November.

World Business Watch: Sony PlayStation 5 sales surge in US as supply woes ease

China’s abrupt ending of its Zero Covid policy injects more uncertainty into an already fragile economy. Economists expect President Xi Jinping to flesh out policy objectives for the coming year at the Central Economic Work Conference.

World Business Watch: China to set economic plans amid shift from Zero Covid policy

Goldman Sachs aims to cut at least a few hundred more jobs as the Wall Street titan restructures its struggling consumer business and braces for an uncertain economy in the year ahead.

World Business Watch: Goldman Sachs to cut hundreds more jobs as consumer unit scaled back

United Kingdom's Trade Secretary Kemi Badenoch will be in Delhi from today as the 6th round of FTA negotiations between the UK and India begin. Both sides are working on an ambitious trade pact that aims to ease customs duties on goods.

World Business Watch | UK trade Secretary Kemi in Delhi to hold sixth round of FTA talks

Air India is close to placing landmark orders of 500 jetliners worth tens of billions of dollars from both Airbus and Boeing. The ambition has been successful under the Tata Group conglomerate.

World Business Watch | Tata Group-owned Air India nears historic order for up to 500 jets: Report

Oil prices rose more than 1% on Monday as a key pipeline supplying the United States stayed shut while Russian President Vladimir Putin threatened to cut production in retaliation for a Western price cap on its exports.

World Business Watch: Oil rises on uncertainty over US pipeline restart, Russian supplies

A Libyan man accused of making the bomb which destroyed Pan Am flight 103 over Lockerbie 34 years ago is in United States custody. The US announced charges against Abu Agila Masud two years ago, alleging he had played a key role in the Lockerbie bombing on 21 December, 1988.

1988 Lockerbie bombing: Libyan man suspected of making bomb in US custody

Skoda Auto, part of Volkswagen, is considering withdrawing from China and will make a final decision next year, said CEO Klaus Zellmer. He also added that Skoda wants to focus more in India at the moment.

World Business Watch: Volkswagen's Skoda considers withdrawing from China

According to reports, over 450 protesters including 63 children have died so far since the nationwide protests broke out in Iran on September 16 this year. The protesters are demanding freedom and equality for themselves while asking the death sentence for the oppressors.

Report: Over 450 protesters killed in Iran, 63 children lost lives

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