Business News - The Last 24 Hours

Trump’s record tariff haul meets Supreme Court review as White House braces for ruling
FOX Business - 40 min 25 sec 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:

Indiatimes - 'China is eating your lunch': European Central Bank economist sounds alarm as dragon surges ahead and Trump tariffs hit hard - 1 hour 50 min ago

The Independent - Your new fake Christmas tree is going to cost more this year - thanks to Trump’s tariffs - 21 hours 49 min ago

Several arrests at Westminster farmers' protest over inheritance tax plans
BBC - 1 hour 19 min ago
The tractors drove to Parliament on Budget day in a protest over inheritance tax.

RELATED:

BBC - Properties worth more than £2m in England face new tax - 3 hours 29 min ago

COMMENTARY:

The Guardian - Reeves’s tax-raising budget is crash landing on an economy that is struggling for growth - 52 min 11 sec ago

Indiatimes - CBI cracks open mega bribery web inside Jaipur tax tribunal; Judicial member, advocate and appellant arrested - 2 hours 24 min ago

SCMP - UK’s Reeves unveils tax plan amid embarrassing budget leak - 4 hours 32 min ago

EU rethinks UAE trade deal over alleged arms sales to Sudan
Deutsche Welle - 1 hour 20 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 - 3 hours 48 min ago

Bessent wraps up Fed chair interviews as Trump’s decision expected before Christmas
FOX Business - 1 hour 40 min ago
Treasury Secretary Scott Bessent completes Fed chair interviews, narrowing candidates to a shortlist for President Donald Trump's review. The decision is expected by Christmas.

CNBC - Judge dismisses Trump election interference racketeering case in Georgia - 1 hour 41 min ago

Bloomberg - Who leaked Witkoff’s call advising Kremlin on how to get Trump on side? - The Guardian - 3 hours ago

NDTV - From Flattery To Silent Diplomacy: How Latin America Is Tackling Trump - 3 hours 18 min ago

COMMENTARY:

The Independent - FBI worked overtime as Epstein files release was thought to be imminent – then Trump and Bondi tried to shut it down - 43 min 26 sec ago

Indiatimes - Trump wins dismissal of Georgia 2020 election interference case - 1 hour 1 min ago

SCMP - New prosecutor drops charges against Trump in Georgia election fraud case - 1 hour 22 min ago

The Guardian - ‘Traitor’: US representatives call for Trump envoy Witkoff to be fired after leaked Kremlin call - 1 hour 24 min ago

Sydney Morning Herald - Leaked phone call shows Trump’s special envoy coached Kremlin on Trump tactics - 12 hours 4 min ago

New York Times - Donors to Trump’s Transition Revealed a Year Later - 12 hours 57 min ago

New York Post - Netflix steps up charm offensive to buy Warner Bros. Discovery even after Trump favors rival bid from Paramount - 19 hours 26 min ago

Where peace stands in Ukraine after frantic diplomacy
BBC - 2 hours 33 min ago
The Trump administration seems serious about reaching a deal despite all the apparent chaos around its efforts.

RELATED:

NDTV - Who Is Dan Driscoll? Trump's "Drone Guy" Leading Ukraine Peace Talks - 7 hours 35 min ago

Reuters - 28-point U.S. peace plan traced to Kremlin blueprint — Reuters - The New Voice of Ukraine - 7 hours 51 min ago

Deutsche Welle - Ukraine updates: Trump goes back on peace plan deadline - 13 hours 28 min ago

BBC - Who is Trump's 'drone guy' Dan Driscoll, taking key role in Ukraine talks? - 21 hours 51 min ago

COMMENTARY:

The Guardian - Can Europe prevent an unjust ‘peace’ in Ukraine – and what is at stake if it fails? - 2 hours 40 min ago

SCMP - China waits in the wings for opportunity as Trump makes Ukraine peace push - 3 hours 2 min ago

Russia Today - Can anyone end the Ukraine war if Kiev refuses every compromise? - 5 hours 8 min ago

The Independent - How Trump’s ‘drone guy’ has become key figure in Ukraine peace talks - 10 hours 14 min ago

Sydney Morning Herald - ‘Drone guy’: The rising star who has become Trump’s man on Ukraine - 13 hours 33 min ago

Indiatimes - Zelenskiy says Ukraine ready to advance peace plan, will discuss disputed points with Trump - 17 hours 25 min ago

"It Is Being Examined": India On Bangladesh's Sheikh Hasina Extradition Request
NDTV - 3 hours 1 min ago
India said that it has received Bangladesh's request to extradite former Prime Minister Sheikh Hasina and is now examining it as a part of ongoing judicial and internal legal processes.

COMMENTARY:

Indiatimes - India wants to further strengthen ties with US on joint fight against narcotics: MEA - 1 hour 5 min ago

The Hindu - India's MRO sector to be worth $4bn by 2031: Civil Aviation Minister Ram Mohan Naidu - 8 hours 15 min ago

SCMP - India, Afghanistan close ranks against Pakistan, marking South Asia power shift - 8 hours 52 min ago

Vanguard fund strips out China in emerging markets investment play
FOX Business - 3 hours 8 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.

Apple iPhone shipments to beat Samsung for the first time in 14 years, report says
CNBC - 3 hours 23 min ago
Apple's success is being driven by its iPhone 17 series launched in September.

COMMENTARY:

BusinessInsider - The best Black Friday iPad deals: Apple's latest tablets are down to all-time low prices starting at $274 - 1 hour 57 min ago

New York Post - Apple CEO Tim Cook’s potential successors include four top execs including iPhone, Mac guru - 23 hours 12 min ago

'Some Aspects Viewed Positively': Russia Welcomes Trumps Peace Plan
NDTV - 3 hours 25 min ago
Russia has seen the latest copy of a draft US plan to end the Ukraine war and views some of it positively but wants a discussion about the other parts, the Kremlin said Wednesday.

RELATED:

CNBC - All eyes on Russia as it eyes Ukraine peace plan with caution - 7 hours 2 min ago

BBC - Trump defends envoy after leak appears to show him coaching Russia - 7 hours 37 min ago

Deutsche Welle - Russia accuses Europe of 'meddling' in Ukraine peace plan - 13 hours 28 min ago

NDTV - US Envoy Advised Russia On How To Pitch Ukraine Plan To Trump: Report - 15 hours 56 min ago

COMMENTARY:

The Independent - Russian nationals among 4 people arrested in France over espionage probe - 1 hour 46 min ago

BusinessInsider - Russia's adding cameras to its Shahed drones so it can catch Ukrainian interceptors approaching from behind - 5 hours 46 min ago

Russia Today - EU scrambling to steal Russian funds - 6 hours 44 min ago

SCMP - Chinese tourism to Russia soars as travellers pivot from under-fire Japan - 8 hours 3 min ago

The Guardian - Russia’s mindset has not changed since Yalta, says Von der Leyen, as EU discusses Ukraine peace plan – Europe live - 9 hours 29 min ago

Indiatimes - Russian Knights honour fallen Tejas' pilot Wing Commander Namansh Syal in ‘Missing Man’ tribute; watch video - 13 hours 21 min ago

What we know about the Hong Kong apartment fires
BBC - 3 hours 47 min ago
At least 13 people have been killed in the huge blaze, but what caused it is still unclear.

BBC - What we know about the Hong Kong apartment fires - 5 hours 1 min ago

Deutsche Welle - Hong Kong: Fire engulfs high-rise building, at least 13 dead - 5 hours 20 min ago

COMMENTARY:

SCMP - At least 13 dead as huge fire rips through Hong Kong housing estate - 1 hour 25 min ago

Indiatimes - Hong Kong apartment fire: Nearly 14 dead in Tai Po blaze, safety regulations under scrutiny - 3 hours 26 min ago

Sydney Morning Herald - Four people killed by raging fire in Hong Kong high rises - 5 hours 46 min ago

The Independent - Video: Deadly fire engulfs Hong Kong high-rise apartment blocks - 5 hours 48 min ago

The Guardian - Four dead after fire engulfs residential high-rise buildings in Hong Kong - 7 hours 6 min ago

New York Times - Huge Fire Engulfs Apartment Buildings in Hong Kong - 7 hours 42 min ago

Trump Says Will Meet Putin And Zelensky 'Only When Ukraine Deal Is Final'
NDTV - 4 hours 9 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.

NDTV - Trump Says Envoy Witkoff Will Meet Putin In Moscow To Discuss Peace Plan - 21 hours 32 min ago

COMMENTARY:

Indiatimes - Putin says US ‘gets complexity’ of Ukraine war but slams door on compromise: ‘No concessions’ - 1 hour 11 min ago

Sydney Morning Herald - ‘A man for every season’: The new Putin calendar is here - 9 hours 33 min ago

The Independent - Ukraine-Russia war latest: Trump envoy to meet Putin after Kyiv welcomes ‘fine-tuned’ peace plan - 13 hours 49 min ago

UK growth forecasts lowered from next year
BBC - 4 hours 19 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 - 3 hours 4 min ago

Meta slams EU's 'aberrant' antitrust demands for data on Facebook - Reuters
Reuters - 4 hours 47 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 - 1 hour 13 min ago

Nvidia plays down Google chip threat concerns
BBC - 5 hours 26 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 - 5 hours 26 min ago

NDTV - Google's AI Awakening Sends Alphabet Near $4 Trillion, And Rivals Scrambling - 5 hours 59 min ago

CNBC - Nvidia says its GPUs are a 'generation ahead' of Google's AI chips - 23 hours 26 min ago

COMMENTARY:

SCMP - AI scaling hasn’t reached a dead end yet, Chinese Google scientist says - 5 hours 2 min ago

Indiatimes - Google Meet, Snapchat, ChatGPT: The internet keeps breaking and users are the first to feel it - 7 hours 50 min ago

The Hindu - Meta in talks to spend billions on Google's chips: Report - 13 hours 41 min ago

The Straits Times - Google, the sleeping giant in global AI race, now ‘fully awake’ - 15 hours 24 min ago

BusinessInsider - Nvidia: Happy for you, Google, but we're still better - 22 hours 46 min ago

Homebuyers make a last gasp effort before the holidays, but interest rates offer little incentive
CNBC - 6 hours 2 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 - 6 hours 29 min ago
Allianz to cut up to 1,800 jobs due to AI advances, says source Reuters

RELATED:

Reuters - HP to cut about 6,000 jobs by 2028, ramps up AI efforts - Reuters - 20 hours 4 min ago

COMMENTARY:

The Straits Times - Allianz to cut up to 1,800 jobs due to AI advances, says source - 4 hours 23 min ago

Indiatimes - Allianz to cut up to 1,800 jobs due to AI advances, says source - 4 hours 40 min ago

The Guardian - Computer maker HP to cut up to 6,000 jobs by 2028 as it turns more to AI - 7 hours 8 min ago

BusinessInsider - HP puts a number on how many jobs it'll cut due to AI - 20 hours 18 min ago

8 Million People Are Jobless In Pakistan, Unemployment Rate Jumps To 7.1%
NDTV - 8 hours 4 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.

Tesla says it values China suppliers, does not exclude any by origin - Reuters
Reuters - 10 hours 23 min ago
Tesla says it values China suppliers, does not exclude any by origin Reuters

COMMENTARY:

SCMP - Tesla affirms confidence in Chinese partners, rejects supplier bans - 6 hours 16 min ago

BusinessInsider - Elon Musk says Tesla's Austin robotaxi fleet should 'roughly double' next month after fans complain it's unusable - 6 hours 32 min ago

Crypto Worth $11 Million Stolen From OpenAI CEO Sam Altman's Ex's House
NDTV - 10 hours 43 min ago
A tech investor who once dated OpenAI CEO Sam Altman had his $11 million cryptocurrency stolen Saturday evening.

COMMENTARY:

Indiatimes - Safran committed to full engine tech transfer for India's fifth-generation fighter jets, says CEO - 5 hours 50 min ago

New York Post - Cracker Barrel CEO says she felt like she got ‘fired by America’ after redesign backlash - 6 hours 10 min ago

BusinessInsider - Alibaba's CEO says he doesn't see 'much of an issue' with an AI bubble and plans to invest 'aggressively' - 9 hours 48 min ago

Ukraine updates: EU calls for more Russia sanctions
Deutsche Welle - 13 hours 28 min ago
Amid a push for a peace plan, the EU's top diplomat is urging more pressure on Moscow. Meanwhile, Trump's envoy Witkoff will meet Putin next week. Follow DW for more.

COMMENTARY:

Indiatimes - Sanctions shake up $20B Chinese refinery, western partners pull out - 6 hours 40 min ago

"Chennai Got 220,000 H-1B Visas": US Economist's "Fraud" Allegation
NDTV - 13 hours 52 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 - 15 hours 18 min ago

SCMP - US must build on Global South’s G20 momentum, not undermine it - 20 hours 32 min ago

Amazon faces FAA probe after delivery drone snaps internet cable in Texas
CNBC - 15 hours 51 min ago
The probe comes as Amazon faces stiffer competition from Walmart, which has also begun drone deliveries.

Australia's consumer inflation accelerates to 3.8% in October, beating estimates
CNBC - 17 hours 5 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 - 17 hours 26 min ago

New York Post - Inflation stifles US income growth ahead of holiday shopping season - 22 hours 3 min ago

Asia-Pacific markets set to track Wall Street gains on rising Fed rate-cut expectations
CNBC - 18 hours 3 min ago
Overnight, key U.S. indexes rose on growing hopes for a U.S. Federal Reserve rate cut next month.

COMMENTARY:

BusinessInsider - Why gold prices could soar another 20% next year, according to top Wall Street forecasters - 2 hours 44 min ago

The Straits Times - Singapore stocks track Wall Street gains; STI up 0.4% - 7 hours 8 min ago

Consumer confidence falls sharply as Americans worry about the economy
FOX Business - 20 hours 26 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.

COMMENTARY:

New York Times - As Prices Pinch, Bessent Looks for Ways to Mollify Wary Consumers - 2 hours 12 min ago

Indiatimes - US retail sales growth cools; consumer sentiment sags amid job market worries - 17 hours 27 min ago

SCMP - Sour grapes? European wines left on the rack as China’s consumers cut back - 20 hours 2 min ago

Lopsided action in the stock market as Big Tech stumbles while retail shares rise
CNBC - 22 hours 45 sec ago
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

COMMENTARY:

Indiatimes - US stock market rises ahead of Thanksgiving as Dow, S&P 500, Nasdaq extend gains - Nvidia rebounds; Alphabet flirts with $4 trillion valuation - 1 hour 51 min ago

BusinessInsider - Alphabet has stormed the gates of the stock market's AI trade - 7 hours 22 min ago

Trump pardons Thanksgiving turkeys, blasts Biden and says Ukraine peace deal is ‘very close’
CNBC - 23 hours 19 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:

Indiatimes - 'Where’s Hunter?': Trump jokes about Biden and his son at Thanksgiving Turkey pardon event - 1 hour 33 min ago

Oil Traders Eye Glut Yet Remain Haunted by Past Price Spikes - Bloomberg.com
Bloomberg - 23 hours 34 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 - 16 hours 36 min ago

Binance sued by Oct. 7 victims' families for allegedly aiding Hamas through crypto exchange
CNBC - 23 hours 41 min ago
President Donald Trump last month pardoned CZ, whom the White House said was a casualty of the Biden administration's "war on cryptocurrency."