Daily Briefing

Alaska 737 cockpit voice recorder data erasure renews industry safety debate, US Secretary of State Antony Blinken seeks to avert a wider war, and China regulators lift stock net-selling ban for mutual funds.

Plus, "Oppenheimer" triumphs at Golden Globes as Hollywood parties again.

By Kate Turton

Today's Top News

The US requires cockpit voice recorders to log two hours of data versus 25 hours in Europe for planes made after 2021. REUTERS/Jason Redmond

BOEING 737 INCIDENT

The cockpit voice recorder data on the Alaska Airlines Boeing 737 MAX 9 jet which lost a panel mid-flight was overwritten, US authorities said, renewing attention on an industry call for longer in-flight recordings. This is what aerospace analysts are saying about the expected impact of the incident on Boeing.
A 'key component' which blew out of an Alaskan Airlines flight has been recovered from the backyard of a suburban home. The whole mid-air incident has put Boeing under pressure, reporter David Shepardson tells Reuters World News daily podcast - listen now.

IN OTHER NEWS

US Secretary of State Antony Blinken will hold talks in the UAE and Saudi Arabia before heading on to Israel after warning that the Gaza war could spread across the region without concerted peace efforts. What is the genocide case against Israel at top UN court?
The top Democrat and Republican in the US Congress agreed on a $1.59 trillion spending deal, setting up a race for bitterly divided lawmakers to pass the bills that would appropriate the money before the government begins to shut down.
Russia sent dozens of missiles across Ukraine, killing at least four civilians and hitting residential areas and commercial sites in its latest combined air attack, Ukrainian authorities said.
Anders Behring Breivik, the far-right fanatic who killed 77 people in a bombing and shooting rampage in Norway in 2011, will ask a court to end his isolation in prison, saying it violates his human rights.
China said its security agencies found another incident of spying in which the British Secret Intelligence Service, also known as MI6, used a foreigner in China to collect secrets and information.

Business & Markets

The US economy ended last year with the labor scars from the COVID-19 pandemic effectively healed and a quandary for Federal Reserve policymakers so far waiting in vain for wage and job growth to cool to a sustainable level.
China's securities regulator is allowing mutual fund managers to sell more shares than they buy each day, three sources said, removing a ban introduced late last year aimed at propping up a flagging stock market.
US chipmaker Nvidia plans to begin mass production in the second quarter of 2024 of an artificial intelligence chip it designed for China to comply with US export rules, two people familiar with the matter said.
German farmers kicked off a week of nationwide protests by blocking roads with tractors in response to plans to phase out agricultural subsidies as the coalition government scrambles to fix its finances.
A robotic lander built by a private company was bound for the moon in an attempt to make the first US lunar soft landing in half a century, after launching to space aboard a new Vulcan rocket debuted by a joint venture of Boeing and Lockheed Martin.
Shell flagged impairment charges of about $2.5 billion to $4.5 billion for the fourth quarter, mainly related to the Singapore refining and chemicals hub the oil major is looking to sell.
China Evergrande New Energy Vehicle Group said its Vice Chairman Liu Yongzhuo has been detained and is under criminal investigation, sending its stock tumbling and marking another setback after a share sale plan was scrapped.

North Korea's Kim Jong Un turns 40. Maybe.

Kim Jong Un applauds at the 5th National Meeting of Mothers in Pyongyang. December 4, 2023. KCNA via REUTERS

North Korean leader Kim Jong Un is believed to have turned the big four-oh on Monday, but state media continued its decades of silence on his birthday.

His secretive regime has never confirmed the date.

Read more here.

And Finally...

Margot Robbie attends the 81st Annual Golden Globe Awards. REUTERS/Mike Blake

Historical drama "Oppenheimer" dominated the Golden Globe awards, and gothic comedy "Poor Things" upset summer blockbuster "Barbie," as Hollywood threw its biggest party since labor disputes shut down much of show business last year.

Read more here: "Barbie" went home with just two awards
Click through our gallery: Style from the Golden Globes red carpet

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