Business News - The Last 24 Hours

Chinese firms rush to pledge millions in fire rescue as Hong Kong fire death toll climbs to 55
CNBC - 11 min 5 sec ago
Chinese entrepreneurs have ramped up their charitable commitments in recent years to heed Beijing's call to put social responsibility before profits.

RELATED:

NDTV - The Hong Kong Deadly High-Rise Fire: All You Need To Know - 3 hours 8 min ago

Bloomberg - Hong Kong’s Deadly Tower Fires: What We Know So Far - Bloomberg.com - 4 hours 10 min ago

Deutsche Welle - Hong Kong fire: Nearly 300 missing as fire continues to burn - 9 hours 45 min ago

Reuters - At least 40 killed in Hong Kong fire with 279 still missing, authorities say - BBC - 10 hours 14 min ago

BBC - 'I am devastated': Hong Kong residents in disbelief after fire destroys blocks of flats - 10 hours 19 min ago

COMMENTARY:

SCMP - ‘Feeling powerless’: Hong Kong internet users grieve over Tai Po blaze - 5 min 43 sec ago

The Guardian - Hong Kong fire: police blame construction company’s ‘gross negligence’ as death toll rises to 44 - 2 hours 29 min ago

Indiatimes - Deadliest Hong Kong fire in decades claims 44 lives, 279 missing: what we know so far - 3 hours 18 min ago

Sydney Morning Herald - Incredible effort to extinguish the Hong Kong high-rise fires - 3 hours 22 min ago

Russia Today - Dozens dead after fire engulfs high-rise block in Hong Kong (VIDEOS) - 14 hours 3 min ago

The Independent - Video: Deadly fire engulfs Hong Kong high-rise apartment blocks - 20 hours 17 min ago

New York Times - Huge Fire Engulfs Apartment Buildings in Hong Kong - 22 hours 11 min ago

"Regrettable": Cyril Ramaphosa Slams Trump For Dropping South Africa From G20
NDTV - 1 hour 52 min ago
US President Donald Trump has said that South Africa will not be invited to the 2026 G20 Summit in Miami

Associated Press - Trump administration orders 500 more National Guard troops to DC after shooting of soldiers - WTOP - 10 hours 58 min ago

BBC - Georgia judge dismisses 2020 election interference case against Trump - 11 hours 56 min ago

Deutsche Welle - Georgia judge dismisses Trump election interference case - 12 hours 34 min ago

CNBC - Eric Swalwell sues FHFA chief Pulte, alleging director used private information to attack Trump critics - 13 hours 6 min ago

Reuters - Exclusive: Trump administration seeks major Belarus prisoner release, sources say - Reuters - 15 hours 50 min ago

FOX Business - Bessent wraps up Fed chair interviews as Trump’s decision expected before Christmas - 16 hours 9 min ago

Bloomberg - Who leaked Witkoff’s call advising Kremlin on how to get Trump on side? - The Guardian - 17 hours 29 min ago

COMMENTARY:

Indiatimes - Trump halts ‘all payments & subsidies’ to South Africa, says 'no invite for 2026 G20 in Miami' - 1 hour 44 min ago

Sydney Morning Herald - Did Taylor Greene see the light about Trump? There’s a simpler reason for their fall-out - 4 hours 32 min ago

The Independent - Trump team cancels funding for World AIDS Day commemorations after 37 years - 6 hours 36 min ago

SCMP - Immigrant with family ties to Trump spokeswoman Leavitt detained by ICE - 10 hours 19 min ago

Russia Today - Will Trump cave to Zelensky and sink his own peace deal? - 12 hours 56 min ago

The Guardian - Trump officials halt protected status for Haitians in US - 13 hours 11 min ago

New York Times - Donors to Trump’s Transition Revealed a Year Later - 17 hours 30 min ago

Opinion: Opinion | Why A US Report Mentioning 'Pak Success' Has India Bristling
NDTV - 2 hours 18 min ago
Just one sentence in a report of a US Congressional Commission has got a lot of knickers in a twist in India. The sentence in the 675-page report reads: "Pakistan's military success over India in its four-day clash showcased Chinese weaponry."

RELATED:

NDTV - 'We Support All Efforts To Bring Lasting Peace': India On Ukraine Plan - 14 hours 28 min ago

BBC - South Africa hammer India by 408 runs to complete historic clean sweep - 23 hours 53 min ago

COMMENTARY:

The Hindu - India, UAE discuss market access, data sharing, FTA progress - 1 hour 23 min ago

Indiatimes - India vs South Africa ODI Series 2025: Schedule, squads, head-to-head, and where to watch the match - 1 hour 51 min ago

SCMP - Russia’s Su-57 offer boosts India’s ‘strategic options’ amid strained US ties - 5 hours 32 min ago

Chris Mason: Reeves chooses to tax big and spend big
BBC - 2 hours 39 min ago
In a Budget dogged by months of leaks, Labour hopes its big tax and spend plans pay off.

RELATED:

BBC - The Papers: 'High welfare, high tax' and 'Budget goes as billed' - 7 hours 42 min ago

COMMENTARY:

The Guardian - Working people would have been better off if Reeves had broken manifesto promise on raising income tax, thinktank says – UK politics live - 13 min 14 sec ago

Sydney Morning Herald - Tax-free EVs run out of road as Britain drops a budget bombshell - 7 hours 39 min ago

Indiatimes - CBI cracks open mega bribery web inside Jaipur tax tribunal; Judicial member, advocate and appellant arrested - 16 hours 54 min ago

SCMP - UK’s Reeves unveils tax plan amid embarrassing budget leak - 19 hours 2 min ago

US suspends immigration requests for Afghans after National Guard shooting
BBC - 3 hours 47 min ago
The alleged gunman in the Washington shooting is an Afghan national who entered the US in September 2021.

COMMENTARY:

Indiatimes - 'Rapid gunshots': Eyewitnesses recall disturbing scene of National Guard shooting near White House - 3 hours 47 min ago

The Guardian - Police identify suspect in national guard shooting as Afghan man - 7 hours 15 min ago

The Independent - DC shooting updates: Two National Guard members have been hurt as gunfire erupts near White House - 12 hours 9 min ago

Russian Fitness Influencer's 10,000-Calorie Junk Food Experiment Turns Deadly
NDTV - 4 hours 32 min ago
Dmitry Nuyanzin spent weeks consuming junk food as part of a 'marathon' challenge he hoped would inspire his clients to shed weight alongside him.

RELATED:

NDTV - 'Some Aspects Viewed Positively': Russia Welcomes Trumps Peace Plan - 17 hours 55 min ago

Reuters - Russian oil cargo discharge at Indian port delayed due to insurance scrutiny, sources say - Reuters - 18 hours 44 min ago

CNBC - All eyes on Russia as it eyes Ukraine peace plan with caution - 21 hours 31 min ago

BBC - Trump defends envoy after leak appears to show him coaching Russia - 22 hours 7 min ago

COMMENTARY:

The Independent - France to reintroduce military service amid Russian threat - 19 min 10 sec ago

The Guardian - West is ‘missing obscure sanctions that could set back Russia’s war machine’ - 1 hour 32 min ago

BusinessInsider - Ukrainian pilot says his French Mirage 2000 fighter has a 98% kill rate against Russian drones and missiles - 3 hours 30 min ago

Indiatimes - Russia's frozen assets at centre of negotiations over Ukraine peace deal - 5 hours 13 min ago

Sydney Morning Herald - Putin’s ‘ghost ships’: Russian blood oil in Aussie cars - 11 hours 45 min ago

Russia Today - EU scrambling to steal Russian funds - 21 hours 14 min ago

SCMP - Chinese tourism to Russia soars as travellers pivot from under-fire Japan - 22 hours 32 min ago

Asahi says 1.5 million customers' data leaked in cyber-attack
BBC - 4 hours 50 min ago
The ransomware attack in September crippled Asahi's Japan operations and caused a drinks shortage.

COMMENTARY:

SCMP - Asahi admits cybersecurity ‘weakness’ after info of 2 million people stolen - 1 hour 44 min ago

New York Post - Amazon warns customers of holidays cyberattacks as FBI sees $300M in thefts: ‘Account takeover fraud’ - 13 hours 46 min ago

The Guardian - Two London councils enact emergency plans after being hit by cyber-attack - 18 hours 52 min ago

Apple Challenges Antitrust Penalty Law In India, Risks $38 Billion Fine
NDTV - 6 hours 13 min ago
The challenge is the first against India's antitrust penalty law that since last year allows the Competition Commission of India (CCI) to use global turnover when calculating the penalties it imposes on companies for abusing their market dominance.

COMMENTARY:

Indiatimes - Apple fights india antitrust rule that could trigger $38 billion global penalty - 13 hours 31 min ago

Georgia's pro-EU protesters defiant year after accession process was halted
BBC - 8 hours 29 min ago
The demonstrations began when Georgia's prime minister called a four-year halt on moves towards joining the EU.

Asia-Pacific markets set to open mixed after Wall Street gains as tech extends rebound
CNBC - 8 hours 34 min ago
Overnight, shares of artificial intelligence player Oracle boosted major U.S. averages after Deutsche Bank reaffirmed its bullish stance on the name.

COMMENTARY:

BusinessInsider - Why gold prices could soar another 20% next year, according to top Wall Street forecasters - 17 hours 13 min ago

The Straits Times - Singapore stocks track Wall Street gains; STI up 0.4% - 21 hours 37 min ago

Oil Holds Near Month-Low as Trump Hails Progress on Ukraine Deal - Bloomberg.com
Bloomberg - 11 hours 32 min ago
Oil Holds Near Month-Low as Trump Hails Progress on Ukraine Deal Bloomberg.com

RELATED:

Deutsche Welle - Dan Driscoll, Trump's latest hope for peace in Ukraine - 11 hours 40 min ago

BBC - Where peace stands in Ukraine after frantic diplomacy - 17 hours 3 min ago

NDTV - Who Is Dan Driscoll? Trump's "Drone Guy" Leading Ukraine Peace Talks - 22 hours 5 min ago

Reuters - 28-point U.S. peace plan traced to Kremlin blueprint — Reuters - The New Voice of Ukraine - 22 hours 20 min ago

COMMENTARY:

The Guardian - Europe scrambles to join Ukraine talks as EU nations attempt to bolster militaries – Europe live - 17 min 8 sec ago

Indiatimes - Trump's Ukraine plan triggers outrage from Republican lawmakers - 5 hours 4 min ago

SCMP - China waits in the wings for opportunity as Trump makes Ukraine peace push - 17 hours 32 min ago

Russia Today - Can anyone end the Ukraine war if Kiev refuses every compromise? - 19 hours 37 min ago

Apple projected to beat Samsung in smartphone shipments for first time since 2011
FOX Business - 11 hours 49 min ago
Shipments of iPhones are expected to surge 10% in 2025 as Apple reclaims smartphone leadership from Samsung, fueled by strong iPhone 17 series reception.

Amazon investigated by FAA after delivery drone strikes internet cable
FOX Business - 12 hours 26 min ago
The FAA is investigating after an Amazon MK30 delivery drone struck an overhead internet cable in Waco, Texas, following a completed delivery on Nov. 18.

Traders bet big on Fed rate cut as December odds soar above 80% on prediction markets
FOX Business - 13 hours 41 min ago
Prediction markets Kalshi and Polymarket show a more than 80% probability of a 25-basis-point Federal Reserve interest rate cut at the central bank's Dec. 9-10 policy meeting.

COMMENTARY:

New York Times - Kevin Hassett Reportedly Becomes Front-Runner for Fed Chair - 19 hours 3 min ago

World's Central Banks Are Wary Of AI, Struggling To Quit The Dollar: Survey
NDTV - 14 hours 6 min ago
Artificial Intelligence is not a core part of operations at most of the world's central banks and digital assets are off the table, according to a survey released on Wednesday by the Official Monetary and Financial Institutions Forum.

COMMENTARY:

Indiatimes - World's central banks are wary of AI and struggling to quit the dollar, survey shows - 18 hours 48 min ago

Trump’s record tariff haul meets Supreme Court review as White House braces for ruling
FOX Business - 15 hours 10 min ago
Tariff revenues hit record $34.2 billion in October as Supreme Court weighs Trump's trade authority. Stakes rise for economic agenda amid challenge.

COMMENTARY:

SCMP - Price wars and tariffs: China’s industrial profits snap winning streak - 49 min 20 sec ago

Indiatimes - Black Friday arrives with solid momentum despite tariffs, economic uncertainty - 2 hours 12 min ago

EU rethinks UAE trade deal over alleged arms sales to Sudan
Deutsche Welle - 15 hours 49 min ago
Members of the European Parliament demand that the EU end talks with the UAE over a trade deal. The UAE is suspected of sending arms to a Sudanese paramilitary accused of war crimes, which the Emirati government denies.

RELATED:

FOX Business - Trump admin negotiating Taiwan trade deal that would give US semiconductor boost: report - 18 hours 18 min ago

Bitcoin’s Drawdown Breaks Old Rule as Volatility Stays Tame - Bloomberg
Bloomberg - 16 hours 15 min ago
Bitcoin’s Drawdown Breaks Old Rule as Volatility Stays Tame Bloomberg

COMMENTARY:

Indiatimes - Bitcoin price (BTC USD) surges above $90,000 ahead of Thanksgiving 2025: Ethereum, Solana, XRP, & Dogecoin rally amid crypto market recovery - 10 hours 34 min ago

Vanguard fund strips out China in emerging markets investment play
FOX Business - 17 hours 38 min ago
Vanguard launches an exchange-traded fund to help investors access emerging markets like Brazil, India and Taiwan while avoiding China's risk and volatility.

Trump Says Will Meet Putin And Zelensky 'Only When Ukraine Deal Is Final'
NDTV - 18 hours 38 min ago
President Donald Trump dispatched top negotiators for additional high-level meetings with both Russia and Ukraine but said he would only be willing to meet the leaders of those countries if talks yielded a so-far elusive pact to end the war.

COMMENTARY:

Indiatimes - Modi-Putin Meet: India to seek five more S-400 squadrons in Russia talks - 1 hour 20 min ago

The Independent - Putin attempts to play traditional musical instrument on Kyrgyzstan state visit - 3 hours 17 min ago

UK growth forecasts lowered from next year
BBC - 18 hours 49 min ago
Downgrades to productivity means the economy is set to grow at an annual rate of 1.5% on average over the next five years.

COMMENTARY:

Indiatimes - UK unveils tax-raising budget as growth downgraded - 17 hours 34 min ago

Meta slams EU's 'aberrant' antitrust demands for data on Facebook - Reuters
Reuters - 19 hours 17 min ago
Meta slams EU's 'aberrant' antitrust demands for data on Facebook Reuters

COMMENTARY:

Indiatimes - Thanksgiving 2025: 100+ Wishes, Quotes, Images, and status to share with loved ones on WhatsApp, Facebook and Instagram - 15 hours 42 min ago

Nvidia plays down Google chip threat concerns
BBC - 19 hours 56 min ago
The world's most valuable company said it was still "a generation ahead of the industry".

RELATED:

BBC - Nvidia plays down Google chip threat concerns - 19 hours 56 min ago

NDTV - Google's AI Awakening Sends Alphabet Near $4 Trillion, And Rivals Scrambling - 20 hours 29 min ago

COMMENTARY:

BusinessInsider - What's next for Google's AI team? Sundar Pichai says he hopes they 'get a bit of rest' - 11 hours 50 min ago

New York Post - Ex-mistress of former Google CEO Eric Schmidt accuses tech titan of rape, creepy surveillance: court docs - 12 hours 33 min ago

SCMP - AI scaling hasn’t reached a dead end yet, Chinese Google scientist says - 19 hours 32 min ago

Indiatimes - Google Meet, Snapchat, ChatGPT: The internet keeps breaking and users are the first to feel it - 22 hours 20 min ago

Homebuyers make a last gasp effort before the holidays, but interest rates offer little incentive
CNBC - 20 hours 32 min ago
Mortgage demand was split last week, with current borrowers pulling back and potential homebuyers coming in. It resulted in flat overall weekly volume.

Allianz to cut up to 1,800 jobs due to AI advances, says source - Reuters
Reuters - 20 hours 58 min ago
Allianz to cut up to 1,800 jobs due to AI advances, says source Reuters

COMMENTARY:

Indiatimes - Tech layoffs November 2025: Apple, Synopsys, Hewlett-Packard, Playtika, HP & more cut jobs - which roles and departments are most affected - 11 hours 5 min ago

The Straits Times - Allianz to cut up to 1,800 jobs due to AI advances, says source - 18 hours 52 min ago

The Guardian - Computer maker HP to cut up to 6,000 jobs by 2028 as it turns more to AI - 21 hours 38 min ago

Euro zone banks should prepare for risk of dollar squeeze, ECB says - Reuters
Reuters - 21 hours 32 min ago
Euro zone banks should prepare for risk of dollar squeeze, ECB says Reuters

8 Million People Are Jobless In Pakistan, Unemployment Rate Jumps To 7.1%
NDTV - 22 hours 33 min ago
The unemployment rate in Pakistan has risen, resulting in the number of jobless people in the country crossing the figure of eight million people, according to the Labour Force Survey (LFS) 2024-2025 released by the Pakistan Bureau of Statistics.