Business News - The Last 24 Hours

Switzerland has long welcomed the ultra wealthy. A referendum on a new tax has riled them up
CNBC - 48 min 16 sec ago
Switzerland looks set to reject a proposal for a 50% tax on inheritances and gifts of more than 50 million Swiss Francs.

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BBC - State pensioners with no other income will not pay tax - 1 hour 15 min ago

COMMENTARY:

The Guardian - OBR challenges claims Reeves dropped income tax rise due to rosier forecasts - 1 hour 41 min ago

AllAfrica - Nigeria: Participants At Senate Hearing Divided Over Proposal to Increase Tax On Sugar-Sweetened Beverages - 5 hours 14 min ago

Indiatimes - Reliance Industries gets Rs 56.44 crore penalty order from India's tax body - 11 hours 14 min ago

SCMP - A vacancy tax could bring back Hong Kong’s commercial buzz - 13 hours 36 min ago

Hungary's Orban defies EU partners and meets Putin again in Moscow
BBC - 49 min 40 sec ago
Russia's leader praised what he called Orban's "balanced position on the situation in Ukraine".

RELATED:

Bloomberg - Orban to Meet Putin as He Eyes Sanctioned Russian Refineries - Bloomberg.com - 2 hours 38 min ago

BBC - Putin doubles down on demands for Ukrainian territory ahead of talks with US in Moscow - 16 hours 47 min ago

NDTV - Putin Calls Zelensky's Leadership 'Illegitimate', Says Peace Deal Senseless - 21 hours 20 min ago

COMMENTARY:

Sydney Morning Herald - The dictator next door: Why these dealmakers won’t stop Putin - 14 hours 12 min ago

Indiatimes - ‘Pointless to sign peace deal with Zelenskyy because…’: Putin unveils hard-line ceasefire terms - 18 hours 45 min ago

The Independent - Putin given impromptu music lesson on Kyrgyzstan state visit - 19 hours 22 min ago

Russia Today - Witkoff critics ‘want to steal money together with Kiev’ – Putin - 19 hours 56 min ago

Trump says US will pause migration from 'third-world countries'
BBC - 54 min 7 sec ago
The president did not name which countries would be affected, but vowed to remove anyone "not a net asset" to the US.

NDTV - Trump's G-20 At His Miami Golf Resort Will Be An Invite-Only Event - 5 hours 39 min ago

BBC - Trump says US will 'permanently pause' migration from 'third world countries' - 7 hours 50 min ago

CNBC - Trump says U.S. to 'permanently pause migration from all Third World Countries’ - 9 hours 13 min ago

COMMENTARY:

The Guardian - National guard shooting suspect to be charged with murder as Trump steps up immigration crackdown – US politics live - 48 min 6 sec ago

Indiatimes - 'She was just 20…!': Trump erupts over immigration after National Guard troop killed in DC shooting - 53 min 15 sec ago

Russia Today - Maduro tells Venezuelan air force to ‘be ready’ amid Trump threats - 2 hours 4 min ago

The Independent - Trump aid cuts could push next Ebola outbreak to spiral out of control, former US official warns - 2 hours 43 min ago

BusinessInsider - The Trump phone was set to be released in August. Months later, it's still nowhere to be found. - 3 hours 37 min ago

New York Post - Comcast CEO mulls sweetened bid for Warner Bros. Discovery despite Trump opposition: sources - 4 hours 6 min ago

Sydney Morning Herald - Trump announces death of National Guard member - 8 hours 44 min ago

SCMP - Trump says US permanently pausing migration from ‘Third World Countries’ - 8 hours 49 min ago

Barcelona distances itself from sponsor's cryptocurrency after backlash
BBC - 1 hour 3 min ago
Experts say the deal may put fans at risk as the Catalan club tries to relieve its financial woes.

COMMENTARY:

Indiatimes - BTC USD price outlook: Could Bitcoin hit $100,000 this month? 3 key indicators crypto traders are watching - 23 hours 22 min ago

Anti-Corruption Agency Arrests 8 Over Hong Kong Fire That Killed 128
NDTV - 1 hour 52 min ago
Hong Kong's anti-corruption agency said on Friday it arrested eight people connected to the renovation of the high-rise apartments that were engulfed in a massive fire that left 128 people dead.

COMMENTARY:

Russia Today - Ukrainian corruption raids ‘not good news for Western Europe’ – Warsaw - 23 min 53 sec ago

SCMP - Zelensky’s chief of staff raided amid Kyiv’s growing corruption scandal - 2 hours 11 min ago

The Independent - Zelensky’s chief of staff has home and offices raided in $100m anti-corruption probe - 3 hours 37 min ago

The Guardian - Ukraine corruption scandal threatens Zelenskyy’s special relationship with top aide - 4 hours 4 min ago

'We Have 1, Russia Has 48. That's Ridiculous': Trump On 11 New Icebreakers
NDTV - 2 hours 55 min ago
US President Donald Trump has acknowledged that the United States trails far behind Russia when it comes to icebreakers. Speaking at the White House, Trump remarked that the disparity between the two nations' fleets is "ridiculous".

Deutsche Welle - Russian cosmodrome damaged after Soyuz launch to International Space Station - 16 hours 30 min ago

COMMENTARY:

SCMP - Zuma’s daughter quits South African parliament amid Russian mercenary scandal - 3 hours 12 min ago

Russia Today - EU making war plans while Russia and US talk peace – Orban - 4 hours 53 min ago

The Independent - How Russian drones targeting civilians are turning one Ukrainian city into a ‘human safari’ - 9 hours 4 min ago

BusinessInsider - Russia's only way to send astronauts to space has suffered some serious blast damage - 10 hours 5 min ago

Indiatimes - Italy’s AI powered defense system, ‘Michelangelo Dome’ set to protect the nation amid rising Russian threats - 10 hours 45 min ago

The Guardian - France to introduce voluntary military service amid threat from Russia - 23 hours 50 min ago

Hong Kong tower blocks fire death toll rises to 128
BBC - 3 hours 7 min ago
Authorities say 89 bodies are unidentified and 79 people remain injured after Wednesday's blaze.

RELATED:

NDTV - Hong Kong Fire Survivors Sleep In Malls, Anger Takes Over - 5 hours 26 min ago

Bloomberg - What We Know About Hong Kong's Deadliest Fire in Decades - Bloomberg.com - 8 hours 10 min ago

CNBC - Chinese giants rush to pledge millions after Hong Kong’s deadliest fire since 1948 kills 94 - 11 hours 52 min ago

BBC - 'This was preventable': Anger grows in Hong Kong as fire kills at least 94 - 15 hours 40 min ago

COMMENTARY:

SCMP - ‘What will happen to us’: fire-displaced Hong Kong residents facing uncertainty - 29 min 9 sec ago

The Guardian - Hong Kong community groups deliver aid to survivors of Wang Fuk Court fire - 2 hours 53 min ago

Sydney Morning Herald - Death toll from Hong Kong fire rises - 8 hours 43 min ago

Indiatimes - Hong Kong fire toll increases to 94 in city's deadiest blaze in decades; several still missing - 13 hours 16 min ago

BusinessInsider - Deadly Hong Kong apartment fire kills dozens, with hundreds still missing. Here's the latest. - 21 hours 41 min ago

India economy grows at faster-than-expected 8.2% in September quarter even as tariffs bite
CNBC - 4 hours 24 min ago
In a quarter that was partially affected by the 50% U.S. tariffs, the Indian economy grew 8.2% in July to September period.

COMMENTARY:

AllAfrica - Liberia: Sen. Bartekwa Pushes LEC, Lerc to Cut Power Tariff for Businesses - 4 hours 44 min ago

SCMP - Canada drops climate rules in oil deal, looks to Asia to weather Trump tariffs - 16 hours 14 min ago

The Hindu - ‘Indian Pharma industry exports remain in positive territory despite tariff concerns’ - 16 hours 37 min ago

The Straits Times - Singapore’s growth will slow but broaden to non-electronics as tariff tensions ease - 18 hours 6 min ago

Indiatimes - US job market crisis deepens in 2025: Tariffs, AI spending and shutdown fallout trigger worker anxiety — is your company on the layoff list? - 21 hours 10 min ago

EU to examine if Apple Ads and Maps subject to tough rules, Apple says no - Reuters
Reuters - 4 hours 54 min ago
EU to examine if Apple Ads and Maps subject to tough rules, Apple says no Reuters

COMMENTARY:

BusinessInsider - Our tech editor is tracking the best Black Friday Apple deals, including $139 AirPods Pro 2 and a $200 Apple Watch SE 3 - 47 min 45 sec ago

Indiatimes - Apple Black Friday Deals 2025: Grab these lowest prices ever on AirPods, Apple Watch, iPads & MacBooks - 2 hours 6 min ago

New York Post - Apple beats out Samsung for first time in 14 years to become world’s top smartphone seller - 21 hours 23 min ago

Former Brexit Party MEP denies taking payment from pro-Russian campaign
BBC - 6 hours 40 min ago
A prominent former MEP for Nigel Farage's old party denies taking bribes in a pro-Russian campaign.

Russian President Vladimir Putin To Visit India On December 4-5
NDTV - 7 hours 9 min ago
Russian President Vladimir Putin will be in India on December 4-5 to attend the 23rd India-Russia Annual Summit.

COMMENTARY:

Indiatimes - Italy-India ready for partnership in a new era - 1 hour 25 min ago

The Hindu - Indian economy grows 8.2% in Q2 2025-26 - 4 hours 6 min ago

SCMP - Putin to boost ‘special’ strategic partnership during India trip - 6 hours 59 min ago

The Straits Times - Temasek appoints ex-DBS chief Piyush Gupta as its chairman for India - 10 hours 31 min ago

Ukraine updates: Orban meeting Putin in Moscow
Deutsche Welle - 7 hours 30 min ago
Hungarian Prime Minister Orban is meeting Russian President Vladimir Putin in Moscow. The Kremlin's closest EU ally, Orban says he aims to secure energy imports and "talk about peace" in Ukraine. Follow DW for more.

RELATED:

Deutsche Welle - Ukraine updates: Orban to meet Putin in Moscow - 7 hours 30 min ago

NDTV - Russia Will End Ukraine War If Kyiv Cedes Land They Hold, Says Putin - 13 hours 7 min ago

COMMENTARY:

The Independent - Zuma’s daughter resigns from parliament over Ukraine war allegations - 1 hour 44 min ago

BusinessInsider - Ukrainian soldiers say Russian strike drones are flying smaller drones into battle like an 'aircraft carrier' - 2 hours 46 min ago

The Guardian - Belgium hits back at EU plan to use frozen Russian assets to aid Ukraine - 2 hours 48 min ago

Russia Today - Seizing Russian assets would derail Ukraine peace push – key EU state - 7 hours 33 min ago

SCMP - ‘Kill North Koreans’: posters urging South Koreans to join Ukraine war slammed - 8 hours 23 min ago

Indiatimes - ‘Nonsense! Don’t blame Witkoff…’: Putin shields Trump’s envoy in leaked-call storm over Ukraine plan - 18 hours 33 min ago

Saudi Arabia may reduce January oil prices to Asia to five-year low - Reuters
Reuters - 7 hours 33 min ago
Saudi Arabia may reduce January oil prices to Asia to five-year low Reuters

Oil in Worst Monthly Run Since 2023 With OPEC+, Ukraine in Focus - Bloomberg.com
Bloomberg - 8 hours 42 min ago
Oil in Worst Monthly Run Since 2023 With OPEC+, Ukraine in Focus Bloomberg.com

Builder China Vanke’s Yuan Bond Gyrations Confound Credit Market - Bloomberg.com
Bloomberg - 9 hours 30 min ago
Builder China Vanke’s Yuan Bond Gyrations Confound Credit Market Bloomberg.com

COMMENTARY:

Indiatimes - CEA flags concentration of large, well-rated companies in bond market for raising funds - 54 min 7 sec ago

South Korea joins growing number of countries imposing sanctions on Prince Group as probe into Cambodian scams widens
CNBC - 9 hours 50 min ago
The measures are Seoul's first independent sanctions regarding transnational crime and the "largest single sanction measure in history."

Exclusive: Huawei, ZTE seal 5G deals in Vietnam after US tariffs, as ties with China warm - Reuters
Reuters - 10 hours 3 min ago
Exclusive: Huawei, ZTE seal 5G deals in Vietnam after US tariffs, as ties with China warm Reuters

Netflix suffers brief outage during 'Stranger Things' season-five debut
CNBC - 13 hours 20 min ago
Users on social media earlier posted that they were experiencing issues, and DownDetector.com showed that reports spiked around 9 p.m. Eastern.

COMMENTARY:

Indiatimes - Stranger Things release schedule for US: When will Stranger Things season 5 volume 2 arrive on Netflix? - 7 hours 32 min ago

FBI Launches Terror Probe After Washington DC Shooting
NDTV - 18 hours 28 min ago
The FBI said Thursday it was launching a full-scale terror probe after a gunman carried out what officials described as an "ambush style" attack near the White House, shooting two National Guard soldiers multiple times with a revolver.

COMMENTARY:

Indiatimes - FBI launches terrorism probe as National Guard shooting becomes political flashpoint - 12 hours 57 min ago

New York Times - Binance Is Sued by Oct. 7 Victims’ Families, Accused of Aiding Terrorism - 21 hours 31 min ago

SEC investigates Jefferies over First Brands collapse, report says
CNBC - 22 hours 23 min ago
The FT said the SEC is looking into whether Jefferies gave investors enough information on their exposure to the failed auto business.

COMMENTARY:

Indiatimes - Local body polls: Supreme Court asks Maharashtra SEC to hold elections, says results will depend on verdict - 4 hours 14 min ago

Marquay Collins, TikTok Influencer With 7 Million Followers, Dies At 24
NDTV - 23 hours 5 min ago
Marquay was a popular TikTok food reviewer with over 6.9 million followers, known for his comedic sketches, dance videos, and humorous dubs.