East meets West

Reuters Daily Briefing <dailybriefing@thomsonreuters.com>
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2025-12-05 13:02

Daily Briefing

By Linda Noakes

Hello. As Putin and Modi discuss peace in New Delhi, Xi woos Macron with a sightseeing trip.

We're covering airport turmoil in India as IndiGo's pilot crisis enters a fourth day.

And the Eurovision Song Contest is thrown into chaos.

Today's Top News

Russian President Vladimir Putin is received by India's Prime Minister Narendra Modi and India's President Droupadi Murmu in New Delhi. REUTERS/Altaf Hussain

A day of diplomacy in Asia

President Vladimir Putin and Prime Minister Narendra Modi began summit talks, as New Delhi rolled out the red carpet for the Russian leader and Modi told him India supported peace efforts in Ukraine.
Follow our live coverage with a raft of agreements and deals set to be announced.
Chinese leader Xi Jinping accompanied French President Emmanuel Macron to Chengdu, a rare gesture seemingly reserved for the head of Europe's second-largest economy that highlights Beijing's focus on Paris in its ties with the European Union.

In other news

The United States wants Europe to take over the majority of NATO's conventional defense capabilities, from intelligence to missiles, by 2027, Pentagon officials told diplomats in Washington this week. It's a tight deadline that struck some European officials as unrealistic.
The US plans to expand the number of countries covered by its travel ban to more than 30, Homeland Security Secretary Kristi Noem said.
People of Somali origin are among those arrested in an immigration crackdown in Minneapolis, federal officials said, after President Donald Trump hurled insults at immigrants from the Horn of Africa country and said he wanted them out of the United States.
Honduran presidential candidate Salvador Nasralla said last-minute interference from Trump in the country's closely fought election had damaged his chances of winning and left him trailing as vote counting dragged on.
German Chancellor Friedrich Merz's ability to control his unruly coalition faces a test when parliament votes on a pensions bill that stirred a revolt by younger members of his own conservative party.
Israel has been cleared to enter next year's Eurovision Song Contest, prompting several countries to withdraw. Switzerland Correspondent Olivia Le Poidevin joins the Reuters World News podcast to talk about one of the biggest rows in the competition's history.

Business & Markets

Travelers sit after their flight was cancelled by IndiGo Airlines at Kempegowda International Airport in Bengaluru. REUTERS/Priyanshu Singh

Air travel across India was in turmoil for a fourth day after IndiGo canceled around 500 flights, including all from New Delhi, after failing to plan for new pilot flying time regulations.
The Reserve Bank of India cut its key repo rate and left the door open for further easing as it took steps to boost banking-sector liquidity by up to $16 billion to support a 'goldilocks' economy.
Netflix is in exclusive talks to buy Warner Bros Discovery's film and television studios along with its streaming assets after offering $28 per share, a source with direct knowledge of the matter said.
Shares of Moore Threads Technology, dubbed by analysts as 'China's Nvidia', soared over 400% on their debut in Shanghai on bets that the US-blacklisted startup will benefit from Beijing's drive to boost domestic chip manufacturing.
IKEA plans to source more products from factories in the United States, the Swedish furniture group's top supply chain executive told Reuters, as Trump's tariffs drive up the cost of importing bookcases, mattresses and sofas.
Lawyers for Chinese online platform Shein return to a Paris court for a hearing on the French government's request to suspend the firm's website for three months, after childlike sex dolls and banned weapons were discovered on its marketplace.

The Week Ahead

The long-awaited December US Federal Reserve meeting is almost here.
But it's not the only game in town for financial markets with Canadian, Swiss, Australian and Turkish central banks also meeting and the latest China data to pore over.
Here's what to watch in world markets next week.
And for sports fans, check out Global Sports Editor Ossian Shine's guide to the weekend's action from courtside to pitchside and beyond.

South Korea's nuclear submarine gamble raises prospect of underwater arms race

A South Korean Navy submarine. REUTERS/Kim Hong-Ji

South Korea's pursuit of nuclear-powered submarines is gaining traction following President Donald Trump's endorsement, ending decades of US resistance in a move that could reshape Asia's security landscape.

Seoul has long sought to join the elite group of nations operating nuclear submarines to counter North Korea. Trump's approval removed a key barrier by granting access to fuel under a nuclear agreement between the countries.

Read more

The Week in Pictures

The Diving Chess Competition in Cape Town, South Africa. REUTERS/Esa Alexander

A selection of our top photography from around the world this week.

View gallery

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