Business News - The Last 24 Hours

OPEC+ expected to hold oil output policy steady for Q1, sources say - Reuters
Reuters - 51 min 34 sec ago
OPEC+ expected to hold oil output policy steady for Q1, sources say Reuters

With Trump's tax bill set to dent giving by the wealthy, can middle-class donors make up the difference?
CNBC - 58 min 23 sec ago
Next year, some 140 million Americans will get a new tax break on donations. Experts warn it's unclear whether they will use it.

COMMENTARY:

Russia Today - Tax burden rises for Brits as govt pursues military buildup - 2 hours 25 min ago

The Hindu - Income Tax department identifies cases of non-disclosure of foreign assets in ITRs - 4 hours 7 min ago

The Guardian - Income tax threshold freeze will hit poorer households harder, experts say - 4 hours 54 min ago

Indiatimes - Income Tax dept identifies cases of non-disclosure of foreign assets in ITRs, to start sending SMS/emails - 4 hours 56 min ago

Sydney Morning Herald - Tax-free EVs run out of road as Britain drops a budget bombshell - 14 hours 4 min ago

India's data law sparks surveillance, press freedom fears
Deutsche Welle - 1 hour 4 min ago
India's new data protection law promises privacy safeguards, but critics warn it expands government power, curtails right-to-information access, and threatens press freedom.

COMMENTARY:

The Hindu - IMF gives India a ‘C’ on its GDP and other national accounts data, the second-lowest grade - 1 hour 24 min ago

Indiatimes - Budget 2026: India’s space sector seeks triple budget boost and a satellite mission for remote regions - 3 hours 56 min ago

Trump Calls Woman Journalist "Ugly" Days After He Called Another "Piggy"
NDTV - 1 hour 33 min ago
Days after using the derogatory term "piggy" for a journalist, US President Donald Trump has now called a New York Times reporter "ugly."

NDTV - "Regrettable": Cyril Ramaphosa Slams Trump For Dropping South Africa From G20 - 8 hours 18 min ago

Associated Press - Trump administration orders 500 more National Guard troops to DC after shooting of soldiers - WTOP - 17 hours 24 min ago

Deutsche Welle - Georgia judge dismisses Trump election interference case - 19 hours 24 sec ago

CNBC - Eric Swalwell sues FHFA chief Pulte, alleging director used private information to attack Trump critics - 19 hours 31 min ago

Reuters - Exclusive: Trump administration seeks major Belarus prisoner release, sources say - Reuters - 22 hours 16 min ago

FOX Business - Bessent wraps up Fed chair interviews as Trump’s decision expected before Christmas - 22 hours 35 min ago

Bloomberg - Who leaked Witkoff’s call advising Kremlin on how to get Trump on side? - The Guardian - 23 hours 55 min ago

COMMENTARY:

The Guardian - Denmark sets up ‘night watch’ to monitor Trump since Greenland row - 1 hour 43 min ago

Indiatimes - Trump orders 500 more Guard troops to D.C. after shooting; Hegseth warns military won't 'back down' - 1 hour 47 min ago

The Independent - Trump threatens to ‘fix’ major DC landmark: ‘You won’t be seeing this Biden filth and incompetence much longer’ - 1 hour 47 min ago

BusinessInsider - All of the billionaires and businesspeople that Donald Trump has pardoned - 3 hours 59 min ago

AllAfrica - South Africa: G20 - South Africa Pushes Back Against Trump - 4 hours 30 min ago

Sydney Morning Herald - Did Taylor Greene see the light about Trump? There’s a simpler reason for their fall-out - 10 hours 58 min ago

Japan Times - Trump asked Takaichi to avoid escalating dispute with China, sources say - The Japan Times - 13 hours 53 min ago

SCMP - Immigrant with family ties to Trump spokeswoman Leavitt detained by ICE - 16 hours 45 min ago

Russia Today - Will Trump cave to Zelensky and sink his own peace deal? - 19 hours 21 min ago

New York Times - Donors to Trump’s Transition Revealed a Year Later - 23 hours 56 min ago

Bangladesh Court Sentences Ousted PM Sheikh Hasina To 21 Years In 3 Corruption Cases
NDTV - 1 hour 37 min ago
A Bangladesh court on Thursday sentenced deposed prime minister Sheikh Hasina to 21 years in jail in three corruption cases related to irregularities in allocations of land in a government housing project.

COMMENTARY:

Russia Today - Zelensky sent aide to US talks to ‘protect’ him from corruption probe – media - 1 hour 27 min ago

Indiatimes - Bangladesh court sentences Sheikh Hasina to 21 years in prison for corruption - 7 hours 19 min ago

SCMP - Corrupt Chinese officials hold sham votes to approve projects, state media warns - 12 hours 58 min ago

TikTok-fueled K-beauty boom triggers a retail race in the U.S.
CNBC - 1 hour 58 min ago
K-beauty has vaulted into the American mainstream, driven by TikTok and younger, more diverse shoppers. Retailers from Ulta to Walmart are racing to cash in.

COMMENTARY:

BusinessInsider - TikTok Shop had a major breakthrough heading into its Black Friday sprint - 4 hours 46 min ago

Watch: Video shows speed that fire spreads in Hong Kong tower block
BBC - 2 hours 6 min ago
Footage geolocated by BBC Verify show the blaze taking hold in Wang Cheong House.

CNBC - Chinese firms rush to pledge millions in fire rescue as Hong Kong fire death toll climbs to 55 - 6 hours 36 min ago

Deutsche Welle - Hong Kong fire death toll rises to 65, another 250 missing - 7 hours 28 min ago

Bloomberg - Hong Kong’s Deadly Tower Fires: What We Know So Far - Bloomberg.com - 10 hours 36 min ago

Reuters - At least 40 killed in Hong Kong fire with 279 still missing, authorities say - BBC - 16 hours 40 min ago

BBC - 'I am devastated': Hong Kong residents in disbelief after fire destroys blocks of flats - 16 hours 45 min ago

COMMENTARY:

SCMP - Hong Kong contractor for fire-hit Tai Po project has record of safety offences - 1 hour 52 sec ago

The Guardian - ‘There should have been an alarm’: in air thick with acrid smoke, people in Hong Kong are reeling and angry - 1 hour 30 min ago

Indiatimes - Hong Kong fire: Did a cigarette spark the blaze? Viral video shows worker smoking before tragedy - 3 hours 51 min ago

Sydney Morning Herald - ‘Everything is gone’: Residents left reeling by Hong Kong fire horror - 6 hours 1 min ago

Russia Today - Dozens dead after fire engulfs high-rise block in Hong Kong (VIDEOS) - 20 hours 29 min ago

Venezuela bans six major airlines as tensions escalate
BBC - 3 hours 54 min ago
The affected carriers ceased flying to Venezuela after the US warned of heightened military activity.

Apple is challenging India's anti-trust body over a potential $38 billion fine
CNBC - 3 hours 57 min ago
Apple filed a lawsuit against the Competition Commission of India over how the body uses global turnover when calculating fines.

RELATED:

NDTV - Apple Challenges Antitrust Penalty Law In India, Risks $38 Billion Fine - 12 hours 39 min ago

COMMENTARY:

Indiatimes - Apple fights india antitrust rule that could trigger $38 billion global penalty - 19 hours 57 min ago

Alibaba starts selling Quark AI glasses in China, enters global wearables race - Reuters
Reuters - 4 hours 31 min ago
Alibaba starts selling Quark AI glasses in China, enters global wearables race Reuters

RELATED:

CNBC - Alibaba's AI glasses to rival Meta go on sale for $500 - 5 hours 51 min ago

COMMENTARY:

SCMP - Alibaba launches US$537 Quark AI glasses to challenge devices from Meta, Xiaomi - 2 hours 46 min ago

The Hindu - U.S. Pentagon seeks to add Alibaba, Baidu, BYD to China military list: Report - 9 hours 12 min ago

Indiatimes - Pentagon seeks to add Alibaba, Baidu, BYD to China military list - 11 hours 7 min ago

Fact check: Stolen Louvre jewels did not end up in Ukraine
Deutsche Welle - 4 hours 56 min ago
A viral video allegedly published by Ukraine's anti-corruption agency claims that the jewels recently stolen from the Louvre ended up in Ukraine. But it's fake and partly AI-generated. DW explains how you can tell.

RELATED:

Bloomberg - Oil Holds Near Month-Low as Trump Hails Progress on Ukraine Deal - Bloomberg.com - 17 hours 58 min ago

Deutsche Welle - Dan Driscoll, Trump's latest hope for peace in Ukraine - 18 hours 6 min ago

BBC - Where peace stands in Ukraine after frantic diplomacy - 23 hours 29 min ago

COMMENTARY:

Russia Today - US warned Europeans about danger of dragging out Ukraine conflict – NYT - 5 hours 53 min ago

Sydney Morning Herald - ‘Blood oil’ on the ground: I’ve seen first hand the devastation of war in Ukraine - 5 hours 58 min ago

The Guardian - Europe scrambles to join Ukraine talks as EU nations attempt to bolster militaries – Europe live - 6 hours 42 min ago

Indiatimes - Trump's Ukraine plan triggers outrage from Republican lawmakers - 11 hours 29 min ago

SCMP - China waits in the wings for opportunity as Trump makes Ukraine peace push - 23 hours 58 min ago

Ukraine updates: Russia sentences 8 for Crimea bridge blast
Deutsche Welle - 5 hours 36 min ago
Russia has sentenced eight men to life imprisonment for a bomb attack on the Kerch Bridge. Meanwhile, Germany's Merz is hosting the Estonian PM to discuss security on NATO's east flank. DW has more.

RELATED:

CNBC - All eyes on Russia as it weighs Ukraine peace plan with caution - 9 hours 9 min ago

NDTV - Russian Fitness Influencer's 10,000-Calorie Junk Food Experiment Turns Deadly - 10 hours 58 min ago

COMMENTARY:

Russia Today - Olympic sport federation allows Russians to compete under own flag - 1 hour 4 min ago

SCMP - Why advances in conventional weapons tech should worry China, Russia and US - 2 hours 28 min ago

The Guardian - US deal must punish Russia war crimes, says Ukraine’s Nobel peace prize winner - 2 hours 51 min ago

BusinessInsider - Russia is trying to hit Ukrainian helicopters and other aircraft midair with Shahed drones, deputy defense chief says - 3 hours 13 min ago

Indiatimes - US-Russian crew of 3 blasts off to International Space Station in Russian Soyuz rocket - 4 hours 31 min ago

The Independent - France to reintroduce military service amid Russian threat - 6 hours 44 min ago

Sydney Morning Herald - Putin’s ‘ghost ships’: Russian blood oil in Aussie cars - 18 hours 11 min ago

US suspends immigration requests for Afghans after National Guard shooting
BBC - 10 hours 12 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 - 10 hours 13 min ago

The Guardian - Police identify suspect in national guard shooting as Afghan man - 13 hours 41 min ago

The Independent - DC shooting updates: Two National Guard members have been hurt as gunfire erupts near White House - 18 hours 34 min ago

Asahi says 1.5 million customers' data potentially leaked in cyber-attack
BBC - 11 hours 16 min ago
The ransomware attack in September crippled Asahi's Japan operations and caused a drinks shortage.

RELATED:

BBC - Asahi says 1.5 million customers' data leaked in cyber-attack - 11 hours 16 min ago

COMMENTARY:

SCMP - Asahi admits cybersecurity ‘weakness’ after info of 2 million people stolen - 8 hours 10 min ago

Crypto Firm With Ties to Trumps Purges CEO Amid Legal Turmoil - Bloomberg.com
Bloomberg - 11 hours 37 min ago
Crypto Firm With Ties to Trumps Purges CEO Amid Legal Turmoil Bloomberg.com

COMMENTARY:

Indiatimes - Nvidia CEO Jensen Huang sounds 'Judgment-Day' like warning but there is a good news - 1 hour 49 min ago

BusinessInsider - Here's what big bank CEOs have said about AI's impact on head count - 3 hours 17 min ago

The Straits Times - Singapore CEOs stay in their jobs longer than global average, report finds - 12 hours 54 min ago

New York Post - Ex-mistress of former Google CEO Eric Schmidt accuses tech titan of rape, creepy surveillance: court docs - 18 hours 59 min ago

Georgia's pro-EU protesters defiant year after accession process was halted
BBC - 14 hours 55 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 - 15 hours 3 sec 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 - Here are 3 top tech-stock picks that can outperform without help from the AI trade, according to a Wall Street analyst - 4 hours 43 min ago

Apple projected to beat Samsung in smartphone shipments for first time since 2011
FOX Business - 18 hours 15 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 - 18 hours 52 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.

COMMENTARY:

New York Post - Amazon warns customers of holidays cyberattacks as FBI sees $300M in thefts: ‘Account takeover fraud’ - 20 hours 12 min ago

Traders bet big on Fed rate cut as December odds soar above 80% on prediction markets
FOX Business - 20 hours 6 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 - 18 hours 41 min ago

World's Central Banks Are Wary Of AI, Struggling To Quit The Dollar: Survey
NDTV - 20 hours 32 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 - 'China is eating your lunch': European Central Bank economist sounds alarm as dragon surges ahead and Trump tariffs hit hard - 22 hours 45 min ago

Trump’s record tariff haul meets Supreme Court review as White House braces for ruling
FOX Business - 21 hours 35 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 - Swiss probe Rolex gifts to Trump over bribery concerns after tariff deal - 2 hours 28 min ago

Indiatimes - Tariffs push U.S. stores to cut Black Friday deals as holiday costs rise - 2 hours 35 min ago

EU rethinks UAE trade deal over alleged arms sales to Sudan
Deutsche Welle - 22 hours 15 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.

Bitcoin’s Drawdown Breaks Old Rule as Volatility Stays Tame - Bloomberg
Bloomberg - 22 hours 40 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 - 17 hours 42 sec ago

Allianz to cut up to 1,800 jobs due to AI advances, says source - Reuters
Reuters - 23 hours 51 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 - 17 hours 31 min ago