National Highway Traffic Safety Administration: Ford Motor Company (FN) is recalling 189,814 U.S. vehicles and Porsche North America is recalling 41,345 U.S. vehicles.

National Highway Traffic Safety Administration: Tesla (TSLA.O) recalls 120,423 U.S. vehicles.

Market News: Statoil sells its interests in Azerbaijan to State Oil Company of Azerbaijan (SOCAR).

Market news: Brazilian regulators approved Cisco’s acquisition of cybersecurity software company Splunk.

Kremlin: The (Russian) government’s temporary takeover of Russia’s largest car dealer is purely motivated by business logic and the international economic situation.

Market News: India’s Adani Green Energy Company plans to raise US$2 billion in debt next year.

Kremlin: Any move by the West to confiscate Russian overseas assets will cause a serious blow to the international financial system.

Kremlin: Preparing measures to improve Russia’s immigration system.

Market news: French President Macron will visit India in January.

Occidental Petroleum (OXY.N) rose 1% before the market opened, and Berkshire Hathaway (BRK.AN, BRK.BN) increased its holdings of 5.2 million shares of Occidental Petroleum (OXY.N).

Japanese Finance Minister Shunichi Suzuki: Through expenditure reform efforts, bond issuance may be reduced.

Japanese Finance Minister Shunichi Suzuki: The reduction in the overall budget is a step towards fiscal health.

Japanese Finance Minister Shunichi Suzuki: It is necessary to control bond issuance and reduce debt service costs.

Japanese Finance Minister Shunichi Suzuki: If yields continue to rise, it will face fiscal risks.

Japanese Finance Minister Shunichi Suzuki: The fiscal year 2024 budget includes measures to increase wages.

Japanese Finance Minister Shunichi Suzuki: Raise assumed interest rates to reflect earnings trends.

Turkish Commercial Bank CEO: (Turkish) banks should be informed about the draft encryption law. Turkish banks may act as cryptocurrency custodians.