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Updated hourly18.45 EET

Edition ofSaturday 14 November 2026

The news of the day, in full

Section

Business

The past seven days, edition by edition, the most important story of each day first.

Thursday 12 November

Jensen Huang spying scandal

Jensen Huang resigns as chief executive officer (CEO) and president of Nvidia and leaves the company's board following reports of two extramarital affairs, including one involving a suspected Chinese intelligence agent. Chief financial officer Colette Kress becomes interim CEO.

Jensen Huang spying scandal — Photo: Anderseidesvik / CC BY-SA 4.0

21.17 EET

Wednesday 11 November

2026 Iran war fuel crisis

The German cabinet approves draft legislation establishing a strategic natural gas reserve of 24 terawatt-hours, equivalent to approximately 10% of national storage capacity, to maintain gas supplies during emergencies.

2026 Iran war fuel crisis — Photo: Wikideas1 / CC0

21.29 EET

2026 Paraguay banking crisis

The Central Bank of Paraguay reports providing partial refunds to 1,812,348 eligible Ueno Bank depositors following the Ueno's collapse.

21.17 EET

Tuesday 10 November

Business

The Monetary Authority of Singapore launches a gold reserve service for foreign central banks, international financial institutions, and sovereign entities, and announces expanded tax exemptions for wholesale gold services.

10.29 EET

Energy crisis in Venezuela

The Venezuelan National Assembly unanimously approves a reform of the electricity law which allows private companies and joint ventures to invest in the nationalised electricity sector, which the government has controlled since 2007.

09.47 EET

Monday 9 November

2026 Paraguay banking crisis

Paraguayan president Pedro Alliana appoints economist Jorge Schreiner to lead the central bank following Ueno Bank's collapse. The Senate approves Schreiner's appointment.

Pedro Alliana — Photo: 總統府 / CC BY 2.0

23.14 EET

China–United States trade war

The Chinese commerce ministry extends the suspension of export restrictions on certain rare earths, industrial diamonds, and lithium battery technology to January 10, 2027, amid ongoing trade negotiations with the United States.

07.55 EET

Business

The South Korean Fair Trade Commission issues fines of ₩331.1 billion (US$247 million) for Woowa Brothers and ₩300.8 billion ($222 million) for Coupang, finding that their food-delivery platforms restricted competition by requiring restaurants to match rival platforms' terms.

23.14 EET

Sunday 8 November

China–United States relations

NVIDIA announces it is opening an investigation into CEO Jensen Huang after American intelligence reported that a close associate of Huang was a spy for China. Huang admitted to an extramarital affair with the associate in a letter to the company earlier in the day.

NVIDIA — Photo: Coolcaesar / CC BY-SA 4.0

16.14 EET