Business News - The Last 24 Hours

All eyes on Russia as it eyes Ukraine peace plan with caution
CNBC - 37 min 44 sec ago
There's been little official comment from Moscow regarding a revised U.S.-brokered peace plan for Ukraine.

NDTV - US Envoy Advised Russia On How To Pitch Ukraine Plan To Trump: Report - 9 hours 32 min ago

Deutsche Welle - Can Europe save frozen Russian assets from Donald Trump? - 14 hours 23 min ago

Reuters - Exclusive: Russia weighs how to prop up Russian Railways which is $51 billion in debt, sources say - Reuters - 22 hours 4 min ago

COMMENTARY:

Russia Today - EU scrambling to steal Russian funds - 20 min 22 sec ago

The Independent - Kremlin confirms US envoy's visit as Russia-Ukraine peace talks gain momentum - 38 min 45 sec ago

SCMP - Chinese tourism to Russia soars as travellers pivot from under-fire Japan - 1 hour 38 min ago

The Guardian - Russia’s mindset has not changed since Yalta, says Von der Leyen, as EU discusses Ukraine peace plan – Europe live - 3 hours 4 min ago

Indiatimes - Russian Knights honour fallen Tejas' pilot Wing Commander Namansh Syal in ‘Missing Man’ tribute; watch video - 6 hours 56 min ago

BusinessInsider - A NATO ally staring down Russia is doubling down on HIMARS after Ukraine showed what they can do - 19 hours 52 min ago

Who Is Dan Driscoll? Trump's "Drone Guy" Leading Ukraine Peace Talks
NDTV - 1 hour 11 min ago
Driscoll, 38, presented a draft US-backed peace plan to President Volodymyr Zelensky during his visit to Kyiv.

Deutsche Welle - Ukraine updates: Trump goes back on peace plan deadline - 7 hours 3 min ago

BBC - Who is Trump's 'drone guy' Dan Driscoll, taking key role in Ukraine talks? - 15 hours 27 min ago

NDTV - Zelesnky Says Ukraine Ready To Move Ahead With Trump's Peace Plan - 16 hours 44 min ago

CNBC - Ukraine reportedly agrees to U.S.-brokered peace proposal - 20 hours 58 min ago

COMMENTARY:

The Independent - How Trump’s ‘drone guy’ has become key figure in Ukraine peace talks - 3 hours 49 min ago

Russia Today - US warns Ukraine of ‘imminent defeat’ – NBC - 3 hours 50 min ago

Sydney Morning Herald - ‘Drone guy’: The rising star who has become Trump’s man on Ukraine - 7 hours 8 min ago

Indiatimes - Zelenskiy says Ukraine ready to advance peace plan, will discuss disputed points with Trump - 11 hours 1 min ago

The Guardian - Trump envoy reportedly told Kremlin official that Ukraine must cede land for peace deal - 13 hours 50 min ago

SCMP - Ukraine ready to advance peace plan, will discuss disputed points with Trump - 16 hours 52 min ago

8 Million People Are Jobless In Pakistan, Unemployment Rate Jumps To 7.1%
NDTV - 1 hour 39 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.

Hong Kong: Fire engulfs high-rise building, at least 4 dead
Deutsche Welle - 1 hour 59 min ago
Firefighters are trying to douse fires at a residential building complex in the city. Local authorities say at least four people have died in the blaze.

RELATED:

Deutsche Welle - Hong Kong: Fire engulfs high-rise building, people trapped - 1 hour 59 min ago

NDTV - Massive Fire Breaks Out At Residential Building In Hong Kong, Many Trapped - 2 hours 26 min ago

COMMENTARY:

The Guardian - Four dead after fire engulfs residential high-rise buildings in Hong Kong - 41 min 42 sec ago

Sydney Morning Herald - Four killed in Hong Kong apartment building inferno - 43 min 6 sec ago

New York Times - Huge Fire Engulfs Apartment Buildings in Hong Kong - 1 hour 17 min ago

SCMP - Hong Kong retail funds hit record pace, surpass 2024 full-year total - 1 hour 49 min ago

"Out Of Control": Trump Targets Rivals After Woman Set On Fire On Chicago Subway
NDTV - 2 hours 1 min ago
A 26-year-old woman was set on fire aboard a moving CTA Blue Line train in downtown Chicago by a man with 72 prior arrests. The attack occurred around 9 pm on November 17, police said.

BBC - The looming election Trump can't afford to lose - 11 hours 37 min ago

CNBC - ‘Rush Hour 4’ revived after Trump urged Paramount Skydance to resurrect franchise, reports say - 14 hours 1 min ago

COMMENTARY:

Indiatimes - Donald Trump's case against Senator Mark Kelly faces steep hurdles under military law - 33 min 25 sec ago

The Independent - Jimmy Kimmel makes surprising kinship with Marjorie Taylor Greene after both attacked by Trump - 2 hours 6 min ago

Sydney Morning Herald - Leaked phone call shows Trump’s special envoy coached Kremlin on Trump tactics - 5 hours 39 min ago

New York Times - Donors to Trump’s Transition Revealed a Year Later - 6 hours 33 min ago

SCMP - ‘Doing a great job’: Trump denies considering ouster of FBI Director Patel - 9 hours 39 min ago

The Guardian - Judge orders Trump administration to provide bond hearings to detained migrants - 11 hours 43 min ago

New York Post - Netflix steps up charm offensive to buy Warner Bros. Discovery even after Trump favors rival bid from Paramount - 13 hours 1 min ago

Russia Today - Trump ready to talk with Maduro – Axios - 21 hours 31 min ago

India suffer heaviest defeat as South Africa complete series sweep
BBC - 2 hours 58 min ago
South Africa hand India their heaviest defeat by runs to complete a compelling 2-0 series sweep in Guwahati on Wednesday.

Deutsche Welle - India flights impacted by Ethiopia volcano ash cloud - 22 hours 56 min ago

COMMENTARY:

Indiatimes - Pathway of disaster: How India lost 8 Tests and 3 series under Gambhir - 19 min 4 sec ago

The Hindu - India's MRO sector to be worth $4bn by 2031: Civil Aviation Minister Ram Mohan Naidu - 1 hour 51 min ago

SCMP - India, Afghanistan close ranks against Pakistan, marking South Asia power shift - 2 hours 27 min ago

Tesla says it values China suppliers, does not exclude any by origin - Reuters
Reuters - 3 hours 58 min ago
Tesla says it values China suppliers, does not exclude any by origin Reuters

COMMENTARY:

BusinessInsider - Tesla celebrated a coming FSD win in Europe — then a regulator said not so fast - 19 hours 15 min ago

Crypto Worth $11 Million Stolen From OpenAI CEO Sam Altman's Ex's House
NDTV - 4 hours 18 min ago
A tech investor who once dated OpenAI CEO Sam Altman had his $11 million cryptocurrency stolen Saturday evening.

European stocks to open higher as Fed rate cut expectations rise; UK budget ahead
CNBC - 5 hours 25 min ago
European stocks are expected to open higher across the spectrum as expectations rise that the U.S. Federal Reserve will cut interest rates in December.

"Chennai Got 220,000 H-1B Visas": US Economist's "Fraud" Allegation
NDTV - 7 hours 27 min ago
America's H-1B visa programme is once again in hot water after an economist accused the system of fraud, alleging that the Chennai district in India obtained more than twice the total number of visas allowed nationwide.

COMMENTARY:

Indiatimes - How China leveraged its rare earths dominance over the US - 8 hours 53 min ago

SCMP - US must build on Global South’s G20 momentum, not undermine it - 14 hours 8 min ago

Ukraine says 'understanding' reached on US peace plan, as Trump envoy to meet Putin
BBC - 7 hours 38 min ago
Kyiv and Washington have moved closer to agreeing the shape of a deal to end the fighting, with Putin to be consulted next week.

Deutsche Welle - German club cuts ties with Russian gymnast linked to Putin - 20 hours 28 min ago

COMMENTARY:

Sydney Morning Herald - ‘A man for every season’: The new Putin calendar is here - 3 hours 8 min ago

The Independent - Ukraine-Russia war latest: Trump envoy to meet Putin after Kyiv welcomes ‘fine-tuned’ peace plan - 7 hours 24 min ago

Indiatimes - Trump says he's sending his envoys to see Putin and Ukrainians after fine-tuning plan to end war - 10 hours 49 min ago

Amazon faces FAA probe after delivery drone snaps internet cable in Texas
CNBC - 9 hours 27 min ago
The probe comes as Amazon faces stiffer competition from Walmart, which has also begun drone deliveries.

COMMENTARY:

BusinessInsider - Amazon is selling a budget espresso machine we love at an all-time low ahead of Black Friday - 17 hours 37 min ago

Indiatimes - Thanksgiving 2025 meal deals: Here are the best Thanksgiving meal deals from Walmart, Target, Amazon & more - 22 hours 1 min ago

Australia's consumer inflation accelerates to 3.8% in October, beating estimates
CNBC - 10 hours 41 min ago
Australia's inflation accelerated in October, rising at the fastest pace in seven months, the Australian Bureau of Statistics said Wednesday.

COMMENTARY:

The Guardian - Inflation up to 3.8% as price pressures rise and hopes for Reserve Bank interest rate cuts fall - 11 hours 1 min ago

New York Post - Inflation stifles US income growth ahead of holiday shopping season - 15 hours 39 min ago

AllAfrica - Nigeria: CBN Holds Benchmark Rate At 27 Percent As Inflation Continues to Ease - 19 hours 51 min ago

Asia-Pacific markets set to track Wall Street gains on rising Fed rate-cut expectations
CNBC - 11 hours 39 min ago
Overnight, key U.S. indexes rose on growing hopes for a U.S. Federal Reserve rate cut next month.

COMMENTARY:

The Straits Times - Singapore stocks track Wall Street gains; STI up 0.4% - 43 min 27 sec ago

Indiatimes - Alibaba stock surges as AI-powered cloud revenue beats Wall Street estimates and lifts BABA share price outlook — Is BABA a Buy? - 23 hours 11 min ago

HP to cut about 6,000 jobs by 2028, ramps up AI efforts - Reuters
Reuters - 13 hours 40 min ago
HP to cut about 6,000 jobs by 2028, ramps up AI efforts Reuters

COMMENTARY:

The Guardian - Computer maker HP to cut up to 6,000 jobs by 2028 as it turns more to AI - 44 min 20 sec ago

The Straits Times - HP to cut up to 6,000 jobs in global AI overhaul - 10 hours 52 min ago

Indiatimes - HP to cut about 6,000 jobs by 2028, ramps up AI efforts - 11 hours 12 min ago

BusinessInsider - HP puts a number on how many jobs it'll cut due to AI - 13 hours 54 min ago

Consumer confidence falls sharply as Americans worry about the economy
FOX Business - 14 hours 1 min ago
Consumer confidence plunged in November to lowest level since April as Americans cite inflation, tariffs, and uncertainty as weighing on sentiment, according to The Conference Board.

RELATED:

CNBC - Consumer confidence hits lowest point since April as job worries grow - 20 hours 11 min ago

COMMENTARY:

SCMP - Sour grapes? European wines left on the rack as China’s consumers cut back - 13 hours 38 min ago

Lopsided action in the stock market as Big Tech stumbles while retail shares rise
CNBC - 15 hours 36 min ago
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

RELATED:

CNBC - Jim Cramer's top 10 things to watch in the stock market Tuesday - 21 hours 44 min ago

COMMENTARY:

BusinessInsider - Alphabet has stormed the gates of the stock market's AI trade - 58 min 26 sec ago

Indiatimes - December stock market rally at risk: AI fears and Fed decision could send S&P 500 tumbling - experts weigh in - 17 hours 22 min ago

English mayors will get new powers to levy tourist taxes
BBC - 16 hours 30 min ago
Mayors will be given the power to charge tourists a tax for staying overnight in their towns and cities.

COMMENTARY:

The Guardian - Budget 2025 live: Rachel Reeves to set out tax and spending changes - 3 hours 5 min ago

Trump pardons Thanksgiving turkeys, blasts Biden and says Ukraine peace deal is ‘very close’
CNBC - 16 hours 54 min ago
Trump pardoned Thanksgiving turkeys at the White House, said a Ukraine peace deal may be getting close and attacked Biden over autopen as turkey prices rise.

COMMENTARY:

The Independent - Outrage as memo reveals Trump is going after refugees admitted to the US under Biden: ‘Unspeakably cruel’ - 19 hours 20 min ago

Indiatimes - 'Several 13–17-yr-old girls…': Biden admin was linked to child trafficking? Witness' chilling claim - 20 hours 24 min ago

Nvidia says its GPUs are a 'generation ahead' of Google's AI chips
CNBC - 17 hours 1 min ago
It was in response to Wall Street's concern that Google's TPU chips could threaten Nvidia's dominance of the AI infrastructure industry on Tuesday.

COMMENTARY:

Indiatimes - Google Meet, Snapchat, ChatGPT: The internet keeps breaking and users are the first to feel it - 1 hour 26 min ago

The Hindu - Meta in talks to spend billions on Google's chips: Report - 7 hours 17 min ago

The Straits Times - Google, the sleeping giant in global AI race, now ‘fully awake’ - 8 hours 59 min ago

BusinessInsider - Nvidia: Happy for you, Google, but we're still better - 16 hours 21 min ago

New York Post - Nvidia shares sink 4% after report of Meta in talks to spend billions on Google chips - 17 hours 46 min ago

Oil Traders Eye Glut Yet Remain Haunted by Past Price Spikes - Bloomberg.com
Bloomberg - 17 hours 9 min ago
Oil Traders Eye Glut Yet Remain Haunted by Past Price Spikes Bloomberg.com

COMMENTARY:

Indiatimes - Oil falls as Ukraine signals support for framework of Russia peace deal - 10 hours 11 min ago

Bitcoin Traders See Signs of Selloff Easing as Token Steadies - Bloomberg.com
Bloomberg - 17 hours 54 min ago
Bitcoin Traders See Signs of Selloff Easing as Token Steadies Bloomberg.com

COMMENTARY:

Indiatimes - Bitcoin crashes in November: Why US trading hours are driving massive BTC USD selloff - Crypto mirrors tech stock volatility - 15 hours 51 min ago

Cracker Barrel CEO says she felt like got 'fired by America' after redesign backlash
FOX Business - 18 hours 25 min ago
Cracker Barrel CEO Julie Masino reflected on being "fired by America" after massive customer backlash over the restaurant's remodeling earlier this year.

COMMENTARY:

Indiatimes - 'Are you insane?': Billionaire CEO Jensen Huang explodes at Nvidia managers in all-hands meeting. Here's why - 3 hours 17 min ago

BusinessInsider - Alibaba's CEO says he doesn't see 'much of an issue' with an AI bubble and plans to invest 'aggressively' - 3 hours 24 min ago

New York Post - Apple CEO Tim Cook’s potential successors include four top execs including iPhone, Mac guru - 16 hours 47 min ago

The Hindu - GST cut, strong monsoon, better reservoir levels to drive India’s demand for farm machinery up during H2: VST Tillers Tractors CEO - 21 hours 29 min ago

Bessent: New Fed chair pick coming by Christmas
FOX Business - 19 hours 34 min ago
Federal Reserve Chair Jerome Powell's term ends in May 2026, but that isn't stopping Treasury Secretary Scott Bessent from moving ahead with finding his replacement.

COMMENTARY:

SCMP - China sets strongest yuan fix in over a year as Fed-cut bets rise - 6 hours 28 min ago

Indiatimes - Who is Kevin Hassett? The frontrunner for Trump's next fed Chair, reports say - 16 hours 48 min ago

BusinessInsider - Trump could make a decision on a new Fed chair 'before Christmas.' See who's on the short list - 18 hours 59 min ago

Fed governor says current economy is 'calling for large interest rate cuts' to help job market
FOX Business - 20 hours 11 min ago
Fed governor Stephen Miran calls for large interest rate cuts, warning that current policy is "holding the economy back" and pushing unemployment higher.

TSMC stock falls as it sues former exec alleging he took trade secrets to Intel
CNBC - 20 hours 25 min ago
TSMC on Tuesday filed a lawsuit against Wei-Jen Lo, a former senior vice president at the Taiwanese semiconductor firm who recently joined Intel.

Core wholesale prices rose less than expected in September; retail sales gain
CNBC - 21 hours 21 min ago
The producer price index was expected to increase 0.3% in September, according to the Dow Jones consensus estimate.

COMMENTARY:

Indiatimes - US retail sales growth cools; consumer sentiment sags amid job market worries - 11 hours 3 min ago

5 on board American Airlines flight hospitalized after odor diverts plane
FOX Business - 23 hours 18 min ago
American Airlines Flight 2118 was diverted to Houston, Texas, after the crew "reported fumes in the flight deck and cabin," according to the FAA.

COMMENTARY:

BusinessInsider - I flew Frontier Airlines from Atlanta to Newark for $112 round-trip. It wasn't a deal — it was a compromise. - 1 hour 33 min ago

The Independent - Airlines urged to ditch unhealthy plane snacks in latest push to overhaul US travel - 16 hours 29 min ago

India considering import tariff on some steel products, source says - Reuters
Reuters - 23 hours 45 min ago
India considering import tariff on some steel products, source says Reuters

COMMENTARY:

Indiatimes - India sees an upward economic growth target revision with a warning on Trump tariffs - 7 hours 39 min ago

The Independent - Your new fake Christmas tree is going to cost more this year - thanks to Trump’s tariffs - 15 hours 25 min ago

BusinessInsider - Abercrombie & Fitch, Walmart, Nike, and other major brands that say Trump's tariffs are pushing them to raise prices - 19 hours 7 min ago

The Hindu - Slash tariff on aluminium, ASMA appeals to Govt. - 19 hours 42 min ago

India's Russian oil binge to end in December as sanctions bite, sources say - Reuters
Reuters - 23 hours 51 min ago
India's Russian oil binge to end in December as sanctions bite, sources say Reuters

COMMENTARY:

Russia Today - No Ukraine peace without lifting Russia sanctions – EU member - 20 hours 16 min ago