1 / 13Stocks closed mixed on Friday (December 13) as rising treasury yields offset tech gains, with the Dow down 0.2%, the S&P 500 flat, and the Nasdaq up 0.12%. For the week, the Dow fell 1.8%, the S&P lost 0.6%, and the Nasdaq rose 0.3%. (Photo: Reuters)
2 / 13Bitcoin hit a record $105,120.9 on Decemeber 16 as whale activity and MicroStrategy’s Nasdaq 100 inclusion boosted demand, with $2.8 billion moved off exchanges, reducing supply. (Image: Reuters)
3 / 13A US court upheld a law requiring ByteDance to sell TikTok by January 19, 2025, with lawmakers urging Apple and Google to remove the app if compliance fails. (Image: Reuters)
4 / 13Isak Andic, 71, founder of Spanish clothing retailer Mango, died in a hiking accident near Barcelona, falling over 100 meters from a cliff. (Image: AP)
5 / 13South Korea’s acting president, Han Duck-soo, assured policy stability after President Yoon Suk Yeol’s impeachment over a martial law attempt, reinforcing ties with the US amid ongoing investigations into Yoon. (Image: Reuters)
6 / 13Israeli airstrikes in Gaza killed 53 people, including children, rescue workers, and journalist Ahmed Al-Louh, amid ongoing attacks targeting Hamas, causing widespread destruction. (Image: Reuters)
7 / 13French President Macron appointed Francois Bayrou as prime minister after political deadlock, tasking him with addressing opposition to the 2025 budget. (Image: Reuters)
8 / 13Bajaj Auto’s Chetak became the electric two-wheeler market leader with a 27.7% share so far in December, surpassing Ola Electric, whose share dropped to 18%, while TVS Electric rose to 22%.
9 / 13Dixon Technologies partnered with Vivo India in a joint venture for smartphone manufacturing, boosting Dixon’s growth amid surging stock and opportunities like the China+1 strategy.
10 / 13The IPO market has bounced back, with three offerings attracting over ₹2.2 trillion in bids. Vishal Mega Mart’s IPO was subscribed 27.3x, MobiKwik’s 120x, and Sai Life Sciences’ 10x. Together, these IPOs raised over ₹11,600 crore, breaking the trend of weak subscriptions and listings.
11 / 13Blinkit, Zomato’s quick-commerce arm, launched its Bistro app on December 6, 2024, offering fast snack and meal deliveries within 10 minutes. This new service competes with Swiggy Bolt and Zepto Cafe, as investment in the sector grows, including Swish’s $2 million funding.
12 / 13Switzerland has revoked India’s ‘Most Favored Nation’ (MFN) status under the Double Taxation Avoidance Agreement (DTAA) following the Supreme Court of India’s ruling in the Nestle case. (Image: Reuters)
13 / 13Union Home Minister Amit Shah is expected to lead a Rajya Sabha discussion on India’s 75-year Constitutional journey on Monday (December 16). (Image: PTI)
