HSBC plans large-scale job cuts in its UK wealth management business, sharply reducing the number of financial advisers and other specialists to accelerate AI-driven servicing of affluent clients, the Financial Times reports.

Saudi Arabian TV quoted the prime minister of the Kurdistan Regional Government as saying the Kurdistan Region faces no security threats and is coordinating with the federal government and allies to install air-defence and counter-UAV systems.

Trump's tariffs on Canada have widened political space for Canada's prime minister Mark Carney to accelerate industry, energy and infrastructure reforms, foreign media report. The former central-bank governor is prioritizing removal of investment barriers, rolling back select previous regulations and giving the federal government stronger powers to fast-track approvals for infrastructure and energy projects. A priority is a new west-coast crude pipeline, designated last week as a "national interest project", effectively receiving in‑principle pre-approval subject to conditions. Carney is also advancing broad regulatory reform he calls "the most ambitious reforms to boost Canada's construction capacity in a generation." He enters the push with strengthened political capital—support rose to a new high this fall and polls show broad public backing for his plans.