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Paris court slashes UBS penalty for laundering A Paris court has slashed the penalty UBS must pay for allegedly helping wealthy clients in France to evade taxes… ▶ Russia blocks crucial UN resolution on climate Russia has vetoed a UN resolution casting climate change as a threat to international peace and security Pregnant nurse among seven dead in major Sicily explosion Rescuers have freed the body of a pregnant nurse from the rubble of collapsed buildings in Sicily. ▶ How Elon Musk landed Time’s ‘Person of the Year’ Tesla Chief Executive Officer, Elon Musk has been named Time magazine’s “Person of the Year” for 2021 Chinese tech firm suspends IPO launch Chinese AI firm SenseTime has postponed its IPO after a US blacklisting Diplomatic War: China fury builds as South Korea reaches out to allies South Korea has used a political meeting with Australia to show a sign of "comprehensive strategic partnership" “Like a movie scene” – Reporter on the ground describes Kentucky tornadoes A Kentucky-based reporter who's been covering the devastation caused by recent tornado events has told ticker NEWS… Unionised New York Starbucks store to rattle coffee sector Staff at one Starbucks coffee shop in the state of New York have voted to establish a labour union Alibaba employee sacked after claiming boss raped her Major Chinese eCommerce giant Alibaba has fired an employee who claimed her boss and a client raped her ▶ AnalysisWashington’s Christmas crush & the grinches who want to steal it Members of Congress want to get home for Christmas, but it’s going to be a long sleigh ride ▶ Biden’s warning – Russia will pay ‘a terrible price President Joe Biden has made yet another stark warning to Russian President Vladimir Putin ▶ Storm surge – search continues for tornado survivors The search is continuing today for survivors, after at least 30 tornadoes ripped through six US states ▶ Mercedes’ protests over F1 champion rejected F1 officials have rejected two protests by Mercedes against the result of the controversial title-deciding win Jussie Smollett guilty of five counts for staging attack Former Empire actor Jussie Smollett has been found guilty of orchestrating a fake attack on himself. Amazon cops major penalty by Italian regulators Major online retailer, Amazon has been fined $1.2 billion by regulators in Italy