Business News - The Last 24 Hours

"New York Will Be Economic, Social Disaster If Mamdani Becomes Mayor": Trump
NDTV - 11 min 11 sec ago
US President Donald Trump has endorsed former New York Governor Andrew Cuomo in his independent run for New York City mayor, urging voters not to elect left-wing Democratic front-runner Zohran Mamdani.

NDTV - Saudi Crown Prince Mohammed bin Salman To Meet Trump On November 18 - 2 hours 22 min ago

BBC - 'No idea who he is', says Trump after pardoning crypto tycoon - 19 hours 49 min ago

Deutsche Welle - Trump says there 'could be' US military action in Nigeria - 22 hours 30 min ago

COMMENTARY:

Indiatimes - 'You have no choice': Andrew Cuomo-backer Trump says he might block funds for New York if... - 15 min 28 sec ago

Sydney Morning Herald - ‘You must vote for him’: Trump intervenes in New York mayoral election - 1 hour 17 min ago

The Guardian - Trump threatens to cut funds if ‘communist’ Mamdani wins mayoral election - 2 hours 4 min ago

SCMP - Trump backs Cuomo for NYC mayor, threatens to cut federal funds if Mamdani wins - 2 hours 19 min ago

The Independent - Stephen Colbert says it’s ‘self-evident’ that Trump settlement is ‘damaging to the reputation’ of CBS - 6 hours 46 min ago

BusinessInsider - 'We will not let this stand': Trump's new rule that blocks student-loan forgiveness for some public servants is hit with a fresh lawsuit - 8 hours 31 min ago

New York Times - Trump Administration to Send Only Partial Food Stamp Payments This Month - 8 hours 37 min ago

New York Post - ‘60 Minutes’ edits out Trump’s bragging about $16M settlement from CBS: ‘Paid me a lotta money’ - 11 hours 19 min ago

Russia Today - Trump hints Maduro’s days are numbered - 19 hours 14 min ago

The Hindu - Trump says Nvidia's Blackwell AI chip not for 'other people' - 22 hours 48 min ago

Reeves says Budget will be 'fair' as tax rise speculation mounts
BBC - 2 hours 5 min ago
The Chancellor's speech is expected to roll the pitch for a difficult Budget.

RELATED:

BBC - Huge tax cuts not currently realistic, Farage says - 9 hours 20 min ago

CNBC - 'Useless' and 'hopeless': Ryanair CEO slams U.K. government over travel tax - 17 hours 40 min ago

COMMENTARY:

The Guardian - Reeves to lay groundwork for tax rises in ‘candid’ speech about budget - 2 hours 4 min ago

New York Times - Are Wealth Taxes the Best Way to Tax the Ultra Rich? - 5 hours 52 min ago

The Independent - Town furious after being duped into 89% property tax increase to fund $80M indoor football stadium - 7 hours 58 min ago

Indiatimes - China cuts gold tax exemption for some retailers which may curb buying - 16 hours 8 min ago

AllAfrica - Nigeria: Nigeria Introduces 10% Withholding Tax On Short-Term Securities - 21 hours 14 min ago

Asia markets mostly poised to fall despite Wall Street tech rally
CNBC - 2 hours 15 min ago
Asia Pacific markets were mostly set to fall Tuesday, breaking ranks from Wall Street, which saw a tech-fuelled rally stateside.

COMMENTARY:

Indiatimes - Palantir stock crashes as it crushed Wall Street expectations: Why is PLTR down today despite huge AI-fueled Q3 earnings beat - 34 min 48 sec ago

New York Post - Here’s where big Wall Street firms are moving as NYC looks poised to elect a socialist mayor - 15 hours 5 min ago

'Make IPOs great again': SEC chair explains new rule for IPOs during shutdown
FOX Business - 2 hours 22 min ago
SEC Chair Paul Atkins explains a new rule aimed at revitalizing IPOs and criticizes three major factors preventing companies from going public on 'The Claman Countdown.'

Fed's Cook breaks silence on Trump firing, vows to continue her duties amid legal fight
FOX Business - 5 hours 1 min ago
Federal Reserve Governor Lisa Cook addresses her legal battle with Trump for the first time, vowing to continue duties as the Supreme Court prepares for a January decision.

RELATED:

FOX Business - Fed president explains vote against interest rate cut - 11 hours 35 min ago

COMMENTARY:

Indiatimes - Fed risks a recession if it doesn't cut rates rapidly, a top official warns - 23 hours 22 min ago

Trump admin to partially resume SNAP benefits as shutdown drags on
FOX Business - 5 hours 45 min ago
The Trump administration said it will partially fund SNAP program through November, though payments could be reduced or delayed for weeks.

CNBC - Trump admin agrees to fund some SNAP benefits amid shutdown - 8 hours 36 min ago

COMMENTARY:

Indiatimes - LIVE | 'We can’t let millions go hungry': Hakeem Jeffries speaks as govt shutdown continues - 6 hours 42 min ago

The Independent - White House turns back the clock and creates MySpace-like page to mock Democrats over shutdown - 9 hours 1 min ago

The Guardian - US government shutdown nearing record for longest in history as Trump delays food benefits to millions – US politics live - 14 hours 47 min ago

BusinessInsider - Trump's major student-loan repayment overhaul continues during the government shutdown - 15 hours 34 min ago

Tech rules Monday's stock market — plus, Eli Lilly's big comeback and new vote of confidence
CNBC - 6 hours 25 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 Monday - 12 hours 14 min ago

Bloomberg - Green Investors Enjoy Huge Returns as Stock Market Powers Through Trump’s Attacks - Bloomberg.com - 12 hours 37 min ago

COMMENTARY:

Indiatimes - U.S. Stock Market: Dow Jones down, S&P 500, Nasdaq gain big. Check top performing stocks, big losers - 4 hours 9 min ago

BusinessInsider - Investors should watch for these 3 signs that the bull market in stocks is in danger - 8 hours 47 min ago

SCMP - Can Philippine regulators fix world’s worst performing stock market? - 16 hours 38 min ago

The Hindu - Stock markets decline in early trade - 20 hours 6 min ago

Fed Governor Lisa Cook, in first policy speech since Trump suit, says she's undecided on Dec. rate cut
CNBC - 6 hours 40 min ago
The central banker said Monday that she supported the recent interest rate reduction and indicated she would be open to more.

Russian push for OPEC+ action pause met no Saudi resistance, sources say - Reuters
Reuters - 7 hours 32 min ago
Russian push for OPEC+ action pause met no Saudi resistance, sources say Reuters

COMMENTARY:

New York Times - OPEC Plus Signals Cautious Approach to Oil Production - 15 hours 59 min ago

Lambda, Microsoft agree to multibillion-dollar AI infrastructure deal with Nvidia chips
CNBC - 8 hours 17 min ago
The new infrastructure with Microsoft will include the NVIDIA GB300 NVL72 systems, which are also deployed by hyperscaler CoreWeave.

RELATED:

Bloomberg - Microsoft’s $9.7B Move to Tackle the AI Capacity Crunch - Bloomberg.com - 10 hours 20 min ago

COMMENTARY:

The Independent - Microsoft to ship 60,000 Nvidia AI chips to UAE under US-approved deal - 10 hours 21 min ago

BusinessInsider - An under-the-radar AI stock is surging on news of a blockbuster deal with Microsoft - 11 hours 57 min ago

Indiatimes - IREN stock share price today rises after $9.7 billion Microsoft GPU cloud services deal. Here's companies statements, stock price performance and deal's impact on AI and cloud infrastructure market - 13 hours 40 min ago

Tesla faces widening federal probe into door handle safety issues
CNBC - 8 hours 57 min ago
Elon Musk's automaker faces a widening probe concerning alleged safety defects with the company's flush-mounted, electronic door handles.

COMMENTARY:

Indiatimes - Elon Musk's Tesla sued by family who says faulty doors led to wrongful deaths from fiery crash - 51 min 41 sec ago

The Independent - Tesla sued by family who says faulty doors led to death of parents in fiery Wisconsin crash - 6 hours 10 min ago

BusinessInsider - Competition is surging in China's EV market, and it's hurting Tesla's biggest rival - 10 hours 53 min ago

New York Times - Control of Tesla Is at Stake in Vote on Elon Musk’s Pay Plan - 16 hours 4 min ago

OpenAI Strikes $38 Billion Infrastructure Deal With Amazon AWS
NDTV - 9 hours 6 min ago
ChatGPT-maker OpenAI signed a $38 billion deal Monday with Amazon's AWS cloud computing arm, as the artificial intelligence company continues on a major partnership spree that has also included Oracle, Broadcom, AMD and chip-making juggernaut Nvidia.

RELATED:

BBC - ChatGPT owner OpenAI signs $38bn cloud computing deal with Amazon - 9 hours 54 min ago

CNBC - Cramer: Amazon-OpenAI cloud deal puts an exclamation point on a remarkable few days - 10 hours 11 min ago

NDTV - "Unfortunately, Your Role Is Eliminated": Amazon's Layoff Email To Employees - 16 hours 50 min ago

COMMENTARY:

The Straits Times - S&P 500, Nasdaq end higher on Amazon-OpenAI deal; Fed path forward grows murky - 4 hours 38 min ago

The Independent - OpenAI and Amazon sign $38 billion deal for AI computing power - 4 hours 39 min ago

BusinessInsider - Amazon is selling our favorite sunrise alarm clock for just $32 - 4 hours 43 min ago

New York Post - OpenAI strikes 7-year, $38B cloud computing deal with Amazon Web Services - 6 hours 33 min ago

Indiatimes - Amazon layoffs shock: Staff notified by text before arriving to work & get locked out of offices as badges were deactivated - 10 hours 33 min ago

Warren Buffett may have cut Berkshire's stake in Apple again in the third quarter
CNBC - 9 hours 19 min ago
In its latest quarterly report, Berkshire said the cost basis of its consumer products equity holdings fell by roughly $1.2 billion from the prior quarter.

COMMENTARY:

BusinessInsider - The best AirPods of 2025: We tested all of Apple's headphones so you don't have to - 5 hours 14 min ago

Yuan topples dollar in China's trade, but hits speed bumps
Deutsche Welle - 9 hours 25 min ago
China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic imbalances and tight capital controls will keep the currency from truly usurping the greenback.

RELATED:

Bloomberg - Copper Declines for Third Day on Concerns Over China’s Economy - Bloomberg.com - 18 hours 31 min ago

NDTV - How US, China Statements Compare Post Xi-Trump Summit. A Breakdown - 19 hours 29 min ago

COMMENTARY:

SCMP - As China pushes for East Asia trade pact amid US tensions, hurdles remain - 1 hour 5 min ago

The Straits Times - Starbucks to sell control of China business to Boyu Capital in $5.2 billion deal - 2 hours 18 min ago

New York Times - China Started Separating Its Economy From the West Years Ago - 9 hours 44 min ago

Trump backtracks on attending Supreme Court tariffs case arguments
CNBC - 10 hours 26 min ago
Lower federal courts ruled that President Trump did not have authority under the law he cited to imposed reciprocal and fentanyl tariffs on imports.

RELATED:

Reuters - Supreme Court won't stop Trump's tariffs. Deal with it, officials say - Reuters - 14 hours 36 min ago

CNBC - India now incurs higher U.S. tariffs than China. What does it say about Trump's foreign policy? - 18 hours 3 min ago

NDTV - Supreme Court May Redefine Trump's Favourite Foreign Policy Tool - Tariffs - 23 hours 28 min ago

COMMENTARY:

Indiatimes - Which of Trump's tariffs could the US Supreme Court strike down? - 38 min 51 sec ago

The Independent - Trump tariffs on pasta could soon top 100 percent: ‘Double the price’ - 4 hours 25 min ago

SCMP - Tariffs in court: Trump cites China deal to defend key trade policy - 6 hours 4 min ago

New York Times - Will Trump’s Tariff Deal Tilt the Playing Field Back Toward China? - 6 hours 46 min ago

The Straits Times - Asia’s factories stumble in October as US tariffs hit order books - 21 hours 23 min ago

Ukraine: Battle for Pokrovsk intensifies as Russia advances
Deutsche Welle - 10 hours 46 min ago
Russian forces have claimed advances in Pokrovsk, a vital transport and logistics hub in Ukraine's Donetsk region. The Ukrainian army says that it is holding out for now.

RELATED:

Deutsche Welle - Ukraine: Battle for Pokrovsk intensifies as Russia avdances - 10 hours 46 min ago

NDTV - "No, Not Really": Trump On Plans To Sell Tomahawks To Ukraine - 23 hours 7 min ago

COMMENTARY:

Russia Today - Trump comments on Tomahawks for Ukraine - 6 hours 59 min ago

Indiatimes - Ukraine gets more Patriot air defense systems to counter deadly Russian attacks - 7 hours 35 min ago

The Independent - Ukraine military using video game-style reward system earning points killing Russians with drones - 11 hours 58 min ago

Sydney Morning Herald - Does Australia still stand with Ukraine? The reality no longer matches the rhetoric - 21 hours 35 min ago

"I Get Flashbacks": Air India Crash Sole Survivor Shares Anguish
NDTV - 10 hours 58 min ago
The only survivor of June's Air India crash has told UK media of the mental and physical anguish he has endured since surviving the deadly disaster in the Indian city of Ahmedabad.

RELATED:

NDTV - Canada Rejects 3 In 4 Indian Applicants Amid Immigration Clampdown - 12 hours 50 min ago

BBC - How India finally embraced World Cup fever - 17 hours 47 min ago

Associated Press - India win first Women’s Cricket World Cup with 52-run victory - Business Viewpoint Magazine - 19 hours 44 min ago

Reuters - India's RBI to meet banks, dealers amid liquidity strain, say sources - Reuters - 21 hours 32 min ago

COMMENTARY:

Indiatimes - Morning Brief Podcast: Is Women’s Cricket in India Finally Out of the Shadows? - 1 hour 12 min ago

The Hindu - India's bioeconomy sector to reach $300 billion by 2030: NITI Aayog report - 11 hours 58 min ago

Sydney Morning Herald - Sole survivor of Air India plane crash speaks - 17 hours 39 min ago

SCMP - At least 20 killed as passenger bus hits parked gravel truck in India - 18 hours 54 min ago

The Guardian - Sole survivor of Air India crash says death of brother ‘took all my happiness’ - 20 hours 5 min ago

Russia tries to re-stake its claim to China after Trump's meeting with Xi
CNBC - 12 hours 9 min ago
Russian officials appeared eager to reafiirm Moscow's alliance with China following President Donald Trump's meeting with Xi Jinping last week.

RELATED:

Deutsche Welle - NGOs seek support for political prisoners in Russia - 20 hours 40 min ago

Reuters - India's BPCL buys Upper Zakum crude for December to replace Russian oil, sources say - Reuters - 23 hours 19 min ago

COMMENTARY:

Indiatimes - Trump to take out Maduro? Venezuela deploys Russia's S-300 missile system that can down American jets and missiles - 6 hours 43 min ago

Russia Today - EU pressuring Balkan state to end visa-free travel for Russians – Moscow - 8 hours 2 min ago

The Independent - Why Russia is so desperate to win the battle of Pokrovsk and what happens next - 9 hours 31 min ago

MongoDB CEO Dev Ittycheria steps down, replaced by Cloudflare executive CJ Desai
CNBC - 12 hours 38 min ago
Dev Ittycheria, who took MongoDB public in 2017, is leaving the CEO role but will stay on the company's board.

NDTV - "Memories Of 1983, 2011": Indian-Origin CEOs On India's Women World Cup Win - 21 hours 22 min ago

FOX Business - McDonald's CEO picks surprising winner as his favorite menu item in LinkedIn tournament - 23 hours 19 min ago

COMMENTARY:

BusinessInsider - Palantir CEO Alex Karp calls his company the first to be 'completely anti-woke' - 1 hour 32 min ago

The Independent - Walmart CEO warns that each of its 1.6 million jobs will be changed by AI - from CEO to checkout clerks - 4 hours 54 min ago

Indiatimes - Outsourcing will continue to rise despite AI, but GCCs to help add new layer of growth: Christoph Schweizer, CEO of Boston Consulting Group - 7 hours 13 min ago

AllAfrica - Ghana: Eoco Refutes False Reportage of Negligence in Relation to Springfield Energy CEO's Alleged Arrest - 10 hours 29 min ago

The Straits Times - ST Explains: What could have led to David Seow’s sacking as Fu Yu CEO? - 15 hours 10 min ago

Kimberly-Clark agrees to buy Tylenol owner Kenvue in $48.7 billion deal, creating consumer staples giant
CNBC - 13 hours 9 min ago
The combined company would bring together brands like Huggies and Kleenex with the likes of Band-Aid and Tylenol.

COMMENTARY:

BusinessInsider - There's 'overwhelming evidence' tariffs have raised consumer prices, says Bank of America - 14 hours 18 min ago

Indiatimes - India no longer consumer of technology, but pioneer in technology-driven transformation, says PM Modi - 16 hours 47 min ago

Sovereign funds of Norway, Abu Dhabi and Singapore to invest in India's Groww IPO, sources say - Reuters
Reuters - 15 hours 32 min ago
Sovereign funds of Norway, Abu Dhabi and Singapore to invest in India's Groww IPO, sources say Reuters

Clooney says Harris replacing Biden was a 'mistake'
BBC - 16 hours 36 min ago
But the actor adds that he has no regrets about calling for Biden to quit the US presidential race.

COMMENTARY:

The Independent - Ex-CIA chief John Brennan jabs activist in the chest after being confronted over Hunter Biden laptop claim - 13 hours 42 min ago

Tesla to buy $2 bln of ESS batteries from Samsung SDI over 3 years, newspaper says - Reuters
Reuters - 17 hours 17 min ago
Tesla to buy $2 bln of ESS batteries from Samsung SDI over 3 years, newspaper says Reuters

COMMENTARY:

BusinessInsider - The best Samsung Galaxy Z Fold 7 cases - 6 hours 18 min ago

Indiatimes - Samsung Galaxy S26 Series launch date: New S series may come one month late but with a 'Plus' model. Check details - 19 hours 10 min ago

China's Manufacturing Growth Slows in October, Survey Shows
NDTV - 17 hours 42 min ago
China's manufacturing activity expanded less than forecast in October, a private survey showed, adding to worrying signs about the economy's momentum as the year winds down.

COMMENTARY:

Indiatimes - Manufacturing activity picks up in October on GST relief, tech investments - 6 hours 46 min ago

AllAfrica - Nigeria: Man Foresees Improved Manufacturing Output in 2026 - 15 hours 49 min ago

The Hindu - India manufacturing growth picks up in October as domestic demand strengthens, PMI shows - 19 hours 56 min ago

Ryanair Lifts Passenger Traffic Goal as Boeing Handovers Improve - Bloomberg
Bloomberg - 20 hours 5 min ago
Ryanair Lifts Passenger Traffic Goal as Boeing Handovers Improve Bloomberg

Exclusive: Turkey buys more non-Russian oil after latest Western sanctions, sources say - Reuters
Reuters - 20 hours 6 min ago
Exclusive: Turkey buys more non-Russian oil after latest Western sanctions, sources say Reuters

COMMENTARY:

SCMP - US calls for UN sanctions on 7 vessels over North Korea exports - 6 hours 17 min ago

Trump Was Asked Who Is "Tougher" To Deal Between Putin And Xi. His Reply
NDTV - 21 hours 9 min ago
US President Donald Trump was all praise for his Russian and Chinese counterparts, Vladimir Putin and Xi Jinping, when asked who among the two global leaders was tougher to deal with.

COMMENTARY:

Russia Today - Putin & Xi ‘not to be toyed with’ – Trump - 17 hours 25 min ago

The Independent - Ukraine-Russia war latest: Trump says won’t sell Tomahawks to Kyiv for now after Putin threats - 22 hours 17 min ago