Looming profit: Prosus and majority owner Naspers expect its e-commerce business to become profitable sooner-than-expected. https://bloom.bg/412alQa

Coal exports hanging: South Africa’s rail bottlenecks threaten to curb coal deliveries to its main export hub for a sixth consecutive year. https://bloom.bg/46Rh80x

New hotels: Egypt’s tourism industry looks set to ride out the shockwaves of the Israel-Hamas war as it focuses on a hotel-building spree to accommodate more visitors. https://bloom.bg/46DgL9J

Watch Africa Amplified for a deep dive into the region’s biggest stories: https://bloom.bg/3u0S3Cz

Henry Kissinger, the former secretary of state who defined US foreign policy in the 1970s, has died at 100.

The Harvard University professor and diplomat earned praise for his role in opening China to the West, bringing about détente with the Soviet Union and initiating arms-control agreements under Republican Presidents Richard Nixon and Gerald Ford. Here's a look at his legacy. https://trib.al/I02dX1i

Israel and Hamas have agreed to extend their truce for at least another day, according to Qatar, allowing for the release of more hostages as the Gulf nation tries to push for a permanent cease-fire.

In a statement, the Foreign Ministry spokesperson Majed Al-Ansari said the extension is based on the same conditions. He also said efforts to reach a permanent end to hostilities in Gaza are continuing. Qatar has been the main mediator between Israel and Hamas and was able, alongside the US and Egypt, to broker the initial truce agreement that went into effect Nov. 24. https://trib.al/vwNsjcD

Rand decline: South Africa’s currency is on track for an 0.3% decline against the dollar this month, one of only four emerging-market peers to weaken. https://bloom.bg/3T4HSHj

Consumer prices: Zambian inflation accelerated to a 20-month high in November as a slump in the value of the kwacha raised the cost of imported goods. https://bloom.bg/3RlBw57

Tainted cash: A new report shows South Africa is making progress in its efforts to be removed from the Financial Action Task Force’s dirty-money watchlist. https://bloom.bg/3R2jgfN

Watch Africa Amplified for a deep dive into the region’s biggest stories: https://bloom.bg/3u0S3Cz

Goldilocks slowdown: The biggest blowout in bonds since the 1980s has ignited a rally across markets. https://trib.al/zT5l7Jg

Big Take: The usually secretive HPS has come to personify the remarkable rise of private credit and its founders have the mansions and billions to prove it. https://trib.al/rxpmRp5

Bloomberg Originals: Why did Sam Altman get fired and suddenly rehired? Bloomberg’s investigation exposes the hidden tensions that led to the OpenAI CEO’s ousting—and his triumphant comeback. https://trib.al/lkSs9dg

India Edition: A hotel, tech firm and condom maker have powered India's IPO boom this year. Here's what you need to know about the market. https://trib.al/DXJJ0Qq

Looking for insightful commentary and in-depth analyses on India? Sign up here for our weekly newsletter to stay updated with the latest reportage on billionaires and businesses behind its rise.

The Maldives, a honeymoon hotspot, sits on a key global shipping route, making it a strategic power play for both China and India.

President Mohamed Muizzu defends his ties with Beijing while speaking to Bloomberg's Haslinda Amin, and talks about why he wants Indian troops out of his country.

Watch the full episode of Latitude: https://trib.al/hlty0ba

New York is no longer the world's most expensive city to live in.

Watch this video to find out which cities grabbed the top spot this year, according to a new worldwide survey: https://trib.al/lQzvqKs

For years, India’s tech graduates could bank on a job offer from one of the country’s IT giants. Now those starting positions are suddenly waning, leaving hundreds of thousands in peril and creating a fresh headache for Prime Minister Narendra Modi. https://trib.al/DQyPl56

Under threat from rising sea levels, the Maldives is building a new island more than six feet above the ocean to house its people. President Mohamed Muizzu talks about the country's climate struggle in a wide-ranging interview with Bloomberg's Haslinda Amin.

Watch the full episode of Latitude: https://trib.al/hlty0ba

Solar plans: The world’s biggest climate fund is backing Acumen's plans for a $250 million facility that will bring electricity from off-grid solar projects to 72 million people in some of Africa’s poorest countries. https://bloom.bg/46HvGiT

Kenya's shilling weakness: The head of the East African nation’s largest bank by market value says the depreciation of the country’s currency, which has weakened almost 20% against the dollar this year, has peaked. https://bloom.bg/419HlGo

Elections among top risks for South Africa: General elections due in 2024 are among the key risks facing the sub-Saharan nation's economy, says Reserve Bank Governor Lesetja Kganyago. https://bloom.bg/46HlAia

Watch Africa Amplified for a deep dive into the region’s biggest stories: https://bloom.bg/3u0S3Cz

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Breaking News: Russian President Vladimir Putin plans to travel to the United Arab Emirates and Saudi Arabia Wednesday, defying efforts by the US and Europe to isolate him over his war in Ukraine. https://trib.al/sj9O55e

Rising Debt: Moody’s cut its outlook for Chinese sovereign bonds to negative, underscoring deepening global concerns about the level of debt in the world’s second largest economy. https://trib.al/qLeC4oz

Big Take: The FDA is resisting using an independent lab to evaluate drugs in the US. The Pentagon believes cheap generics may pose a danger to troops. https://trib.al/2TO29AW

South Africa's economy shrinks: The sub-Saharan nation's GDP shrank in the third quarter as logistics constraints and a chronic electricity shortage took their toll. https://bloom.bg/47EIzvJ

Egypt's richest man: Nassef Sawiris is moving his family office to Abu Dhabi, joining a wave of prominent investors that have set up operations in the sun-splashed emirate. https://bloom.bg/3sZYF3V

Zimbabwe bond listing: The country has scrapped a plan to list a $200 million dollar bond on its stock exchange in the resort city of Victoria Falls. https://bloom.bg/47IyZYv

Watch Africa Amplified for a deep dive into the region’s biggest stories: https://bloom.bg/3u0S3Cz

India’s stock market value reached more than $4 trillion for the first time, marking a key milestone for the world’s fifth-biggest equity market as it rapidly narrows the gap with slumping Hong Kong.

The market capitalization of companies listed on India’s exchanges has risen by $1 trillion in less than three years, as the South Asian market emerges as one of the best performers in the region as well as the emerging world. https://bloom.bg/3TbTZCr

Bribery charges: Trafigura Group and a former executive have been charged by the Swiss attorney general over allegations of bribing public officials in Angola. https://bloom.bg/3TbRkbW

Currency depreciation: The Kenyan shilling’s depreciation of almost 20% against the dollar this year is 'overdone', the East African nation’s central bank governor said. https://bloom.bg/3t6rXhg

Powering Africa: The World Bank plans to allocate $5 billion to bring electricity to 100 million people in Africa by the end of the decade. https://bloom.bg/46QSa0V

Watch Africa Amplified for a deep dive into the region’s biggest stories: https://bloom.bg/3u0S3Cz

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Weak Trade Data: China’s exports expanded in November from one year ago while imports surprisingly shrank, with headline figures lifted by a comparison with a Covid-hit period in 2022. https://trib.al/bfBfT94

Big Take: An Indonesian tycoon has a plan to save his city from sinking — with his company making billions of dollars in the process. https://trib.al/JpXXYFR

Free To Read: Businesses in India beware: the proposed new criminal laws tighten the screws on economic offences. https://trib.al/C6HmCdL

India Edition: Looking for insightful commentary and in-depth analyses on India? Sign up here [ https://bloom.bg/3qEX2rh ] for our weekly newsletter to stay updated with the latest reportage on billionaires and businesses behind its rise.

UK votes on Rwanda bill: Rishi Sunak won’t consider a crunch vote in Parliament on his anti-immigration bill as a vote of confidence in his government. https://bloom.bg/3RxNada

SocGen's Africa pull out: Societe Generale is selling two African units as the lender accelerates its pullout from the continent and streamlines its business under a new strategy by CEO Slawomir Krupa. https://bloom.bg/47KPMKF

Seychelles state of emergency: The country declared a state of emergency after a blast at an explosives depot owned by a local construction company, and following flooding caused by heavy rains. https://bloom.bg/3TjYyel

Watch Africa Amplified for a deep dive into the region’s biggest stories: https://bloom.bg/3u0S3Cz

Tata Group plans to build one of India’s biggest iPhone assembly plants, tapping Apple’s ambitions to diversify its operations away from China.

Tata wants to construct the factory in the southern Tamil Nadu state and the facility will likely have about 20 assembly lines and employ 50,000 workers within two years, sources say. The goal is for the site to be operational in 12 to 18 months.

The plant would bolster Apple’s efforts to localize its supply chain and strengthen its partnership with Tata, which already has an iPhone factory it acquired from Wistron in the neighboring Karnataka state. Read more: https://bloom.bg/485r0V7

Criminals, landlords cash in: A cocoa market boom has been a mixed blessing for farmers in West Africa they're being targeted by criminals looking to cash in on the jump in prices. https://bloom.bg/3sZYbuJ

Universal health plan: South Africa's parliament has approved enabling legislation for the program, which will be phased in over several years. However, doubts remain about whether it will solve the country’s health-care woes. https://bloom.bg/3Rh0lOm

India fighter jets: India’s state-owned Hindustan Aeronautics is in talks with at least three countries, including Nigeria, to export its homemade multi-role fighter jets. https://www.bloomberg.com/quote/HNAL:IN

Watch Africa Amplified for a deep dive into the region’s biggest stories: https://bloom.bg/3u0S3Cz

Monetary stimulus: Bank of Japan officials see little need to rush into scrapping the world’s last negative interest rate this month. https://trib.al/K5PmXcE

Inside story: Agnes Chow talks about the mental toll of working with Hong Kong's national security police to secure freedom overseas. https://trib.al/6hhDn0O

The Big Take: A little-known shopping app is outpacing Alibaba — and now coming for Amazon. https://trib.al/MyTJ92A

Debt defaulter: Ethiopia is set to join Zambia and Ghana as a sovereign defaulter, with an interest payment falling due to its bondholders on Monday that the state says it won’t meet. https://bloom.bg/3tm8xVA

Rwanda deportation: The UK Conservative Party’s euro-skeptic caucus will gather to discuss how to handle Rishi Sunak’s controversial legislation. https://bloom.bg/3GyS6sh

Farm blues: Sentiment among South Africa’s agricultural businesses slumped to its lowest level since the Covid-19 pandemic in 2020. https://bloom.bg/3uMcq6E

Watch Africa Amplified for a deep dive into the region’s biggest stories: https://bloom.bg/3u0S3Cz

Doritos Nacho Cheese chips partnerships have gone to countless places, from Call of Duty to virtual concerts with the Netflix series Stranger Things.

One place Doritos has never gone, at least in a way officially sanctioned by parent company PepsiCo, is into alcohol. But on December 12, the flaming orange chips will get sloshed with the launch of Empirical x Doritos Nacho Cheese. So, what does it taste like? https://trib.al/CoNjUSr