WION's business Desk brings you this daily round up of global stories from the world of business and economy.

The Oracle of Pasadena: Charles Munger's impact on investing, business, and beyond

Warren Buffett's longtime confidant and powerful vice chairman of Berkshire Hathaway, Charles Munger, passed away on Tuesday at the age of 99. Munger's journey began when he worked for Buffett's grandfather during the Great Depression and culminated in his pivotal role in Berkshire's success.

<a href="https://www.wionews.com/business-economy/the-oracle-of-pasadena-charles-mungers-impact-on-investing-business-and-beyond-664149">Read more here&nbsp;</a>

Emerging economies will be the stars of the Asia-Pacific region

In spite of the slowdown in China's economy, Asia-Pacific nations—led by developing economies—remain resilient, according to S&amp;P Global Ratings' most recent economic assessment.

<a href="https://www.wionews.com/business-economy/emerging-economies-will-be-the-stars-of-the-asia-pacific-region-heres-why-664168">Read more here&nbsp;</a>

Record-breaking Cyber Monday: Americans spend $12.4 bn amid economic headwinds

US shoppers spent $12.4 billion on Cyber Monday, despite economic difficulties, demonstrating the retail sector's resiliency as savings from the pandemic era disappear while interest rates rise.

<a href="https://www.wionews.com/business-economy/record-breaking-cyber-monday-americans-spend-124-bn-amid-economic-headwinds-664143">Read more here&nbsp;</a>

2024 election to propel US dollar amid, predicts JPMorgan. Here's why

Analysts at JPMorgan predict that the possibility of a more intense trade war will boost the dollar's standing in the 2024 US presidential race, which is expected to feature President Joe Biden and former President Donald Trump.

<a href="https://www.wionews.com/business-economy/2024-election-to-propel-us-dollar-amid-predicts-jpmorgan-heres-why-664155">Read more here&nbsp;</a>

Wall Street talent war: Banks engage in cutthroat competition for AI experts

Wall Street firms are scooping up rival talent in an intense battle for the brightest minds in artificial intelligence (AI), with Goldman Sachs suffering a significant setback in the last 12 months.

<a href="https://www.wionews.com/business-economy/wall-street-talent-war-banks-engage-in-cutthroat-competition-for-ai-experts-664162">Read more here</a>

US chip maker Micron stock dips despite upbeat earnings forecast

The shares of Micron Technology, the top US manufacturer of semiconductors for computer memory, fell on Monday, marking the company's biggest decrease in the previous two months.

<a href="https://www.wionews.com/business-economy/us-chip-maker-micron-stock-dips-despite-upbeat-earnings-forecast-664169">Read more here&nbsp;</a>

Fraudulent pandemic-era loans cost UK $1.8 bn: Report

Post the Covid-19 pandemic, banks that gave small businesses loans that ultimately proved out to be fraudulent received payments totalling $1.8 billion from the UK government.

<a href="https://www.wionews.com/business-economy/fraudulent-pandemic-era-loans-cost-uk-18-bn-report-664205">Read more here&nbsp;</a>

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WION's business Desk brings you this daily round up of global stories from the world of business and economy. The Oracle of Pasadena: Charles Munger's impact on investing, business, and beyond Warren Buffett's longtime confidant and powerful vice chairman of Berkshire Hathaway, Charles Munger, passed away on Tuesday at the age of 99.

WION's business Desk brings you this daily round up of global stories from the world of business and economy. The Oracle of Pasadena: Charles Munger's impact on investing, business, and beyond Warren Buffett's longtime confidant and powerful vice chairman of Berkshire Hathaway, Charles Munger, passed away on Tuesday at the age of 99. Munger's journey began when he worked for Buffett's grandfather during the Great Depression and culminated in his pivotal role in Berkshire's success. Read more here Emerging economies will be the stars of the Asia-Pacific region In spite of the slowdown in China's economy, Asia-Pacific nations—led by developing economies—remain resilient, according to S&P Global Ratings' most recent economic assessment. Read more here Record-breaking Cyber Monday: Americans spend $12.4 bn amid economic headwinds US shoppers spent $12.4 billion on Cyber Monday, despite economic difficulties, demonstrating the retail sector's resiliency as savings from the pandemic era disappear while interest rates rise. Read more here 2024 election to propel US dollar amid, predicts JPMorgan. Here's why Analysts at JPMorgan predict that the possibility of a more intense trade war will boost the dollar's standing in the 2024 US presidential race, which is expected to feature President Joe Biden and former President Donald Trump. Read more here Wall Street talent war: Banks engage in cutthroat competition for AI experts Wall Street firms are scooping up rival talent in an intense battle for the brightest minds in artificial intelligence (AI), with Goldman Sachs suffering a significant setback in the last 12 months. Read more here US chip maker Micron stock dips despite upbeat earnings forecast The shares of Micron Technology, the top US manufacturer of semiconductors for computer memory, fell on Monday, marking the company's biggest decrease in the previous two months. Read more here Fraudulent pandemic-era loans cost UK $1.8 bn: Report Post the Covid-19 pandemic, banks that gave small businesses loans that ultimately proved out to be fraudulent received payments totalling $1.8 billion from the UK government. Read more here WATCH WION LIVE HERE

Wion Business Wrap | Emerging Asia-Pacific economies, Charles Munger's impact on business and more

Nepal wants to develop friendly ties with neighbouring countries on the basis of 'equality and justice', Prime Minister KP Sharma Oli said Saturday while inaugurating a summit attended by countries in the Asia-Pacific region, including India.

The Asia-Pacific Summit 2018 organised by the South Korea-based Universal Peace Federation and supported by the Government of Nepal will be attended by the leaders from the Asia-Pacific region, including India, Cambodia, Myanmar, Malaysia, Pakistan and Philippines.

Climate change has emerged as a major threat to humanity and we need to forge cooperation and collaboration to fight it back, Oli said while inaugurating the four-day summit on the theme 'Addressing Critical Challenges of Our Time: Independence, Mutual Prosperity and Universal Values.'

'Nepal wants to develop friendly relations with neighbouring countries on the basis of equality and justice,'&nbsp;said Oli and sought support and cooperation from friendly countries for establishing peace and stability and attaining prosperity.

The biggest challenge of our time is essentially the threat of terrorism and climate challenge, former prime minister H D Deve Gowda said and pointed out that these two are 'posing threat to humanity irrespective of the national border, religion and gender.'

He called upon developed countries to extend financial assistance as well as technical support to mitigate the effect of climate change. 
'All people in the world should live like a family as we all are the children of the omnipotent and omniscient God, so as to maintain sustainable peace and harmony in the world," said HJ Han Moon, founder of Universal Peace Foundation.

A host of other prominent speakers, including state counsellor of Myanmar Aung San Suu Kyi, Prime Minister of Camdoia ST Hunsen and Vice president of Philippines Maria G Robredo and BJP leader Vijaya Jolly spoke on the issues of world peace, social justice, human values, universal brotherhood and climate change.&nbsp; 
The summit will conclude on December 3 by adopting a Kathmandu Declaration.&nbsp;

Nepal wants to develop friendly ties with neighbouring countries on the basis of 'equality and justice', Prime Minister KP Sharma Oli said Saturday while inaugurating a summit attended by countries in the Asia-Pacific region, including India.

Nepal wants to develop friendly ties with neighbouring countries on the basis of 'equality and justice', Prime Minister KP Sharma Oli said Saturday while inaugurating a summit attended by countries in the Asia-Pacific region, including India. The Asia-Pacific Summit 2018 organised by the South Korea-based Universal Peace Federation and supported by the Government of Nepal will be attended by the leaders from the Asia-Pacific region, including India, Cambodia, Myanmar, Malaysia, Pakistan and Philippines. Climate change has emerged as a major threat to humanity and we need to forge cooperation and collaboration to fight it back, Oli said while inaugurating the four-day summit on the theme 'Addressing Critical Challenges of Our Time: Independence, Mutual Prosperity and Universal Values.' 'Nepal wants to develop friendly relations with neighbouring countries on the basis of equality and justice,' said Oli and sought support and cooperation from friendly countries for establishing peace and stability and attaining prosperity. The biggest challenge of our time is essentially the threat of terrorism and climate challenge, former prime minister H D Deve Gowda said and pointed out that these two are 'posing threat to humanity irrespective of the national border, religion and gender.' He called upon developed countries to extend financial assistance as well as technical support to mitigate the effect of climate change. 'All people in the world should live like a family as we all are the children of the omnipotent and omniscient God, so as to maintain sustainable peace and harmony in the world," said HJ Han Moon, founder of Universal Peace Foundation. A host of other prominent speakers, including state counsellor of Myanmar Aung San Suu Kyi, Prime Minister of Camdoia ST Hunsen and Vice president of Philippines Maria G Robredo and BJP leader Vijaya Jolly spoke on the issues of world peace, social justice, human values, universal brotherhood and climate change. The summit will conclude on December 3 by adopting a Kathmandu Declaration.

Nepal wants to develop friendly ties with neighbours on basis of equality, justice: Oli

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Wion Business Wrap | Emerging Asia-Pacific economies, Charles Munger's impact on business and more

Nepal wants to develop friendly ties with neighbours on basis of equality, justice: Oli