Business News - The Last 24 Hours

Auto giant Stellantis suspends full-year guidance due to uncertainties over Trump tariffs
CNBC - 45 min 13 sec ago
Auto giant Stellantis on Wednesday said it was withdrawing its full-year financial guidance due to uncertainties regarding the impact of U.S. President Donald Trump's back-and-forth trade policy.

NDTV - Donald Trump's Michigan Speech: Claims vs Facts - 1 hour 17 min ago

BBC - Xi's real test is not Trump's trade war - 1 hour 22 min ago

Bloomberg - Canada Escaped a Trump Trap, But Carney's Boxed In - Bloomberg.com - 2 hours 2 min ago

Reuters - Trump's approval steady, concerns over economy, immigration rise, Reuters/Ipsos poll finds - Reuters - 9 hours 2 min ago

FOX Business - STEVE MOORE: 9 top Trump economy wins after his first 100 days - 16 hours 35 min ago

Deutsche Welle - US updates: Trump marks 100 days in office - 21 hours 28 min ago

COMMENTARY:

The Hindu - Trump's tariffs loom over economy as shipments from China fall - 10 min 34 sec ago

Indiatimes - 345K jobs, $5.2T investment: US President Trump calls it ‘historic win’ for US workers in 100 Days! - 35 min 16 sec ago

Sydney Morning Herald - Canada’s conservative leader was a shoo-in for PM before Trump. He couldn’t even hold his seat - 1 hour 17 min ago

The Independent - Why Crimea matters so much to Putin – and now Trump - 1 hour 39 min ago

BusinessInsider - Trump says voters unhappy about the economy and his China trade war should deal with it because 'they did sign up for it actually' - 2 hours 42 sec ago

The Guardian - ‘A godsend’: the white Afrikaners lining up to accept Trump’s offer of asylum - 3 hours 2 min ago

SCMP - Trump hails tariffs – but list of achievements from his administration barely mentions them - 4 hours 36 min ago

New York Post - Trump defends tariff policy in testy exchange during ABC interview: ‘Everything’s going to be just fine’ - 6 hours 27 min ago

Russia Today - ‘I’d like to be pope’ – Trump - 7 hours 56 min ago

New York Times - Paramount Board Clears Possible Path For Settling Trump’s ‘60 Minutes’ Lawsuit - 8 hours 16 min ago

The Straits Times - US stocks rally as Trump tempers auto tariffs - 10 hours 9 min ago

US Puts India On "Priority Watch List" For Alleged IP Rights Violations
NDTV - 1 hour 23 min ago
The United States has placed India, along with China and Russia, on its "priority watchlist" of countries on its radar for deficiencies and violations of intellectual property rights (IPR).

RELATED:

BBC - Fourteen people killed in India hotel fire - 1 hour 47 min ago

NDTV - "Coming Along Great": Trump On Trade Talks With India - 4 hours 56 min ago

Deutsche Welle - Pakistan accuses India of planning 'military strike' soon - 9 hours 2 min ago

Reuters - India queries Apple, Xiaomi in e-commerce probe of Amazon, Flipkart, sources say - Reuters - 15 hours 8 min ago

COMMENTARY:

Indiatimes - Pakistan citizens continue to leave India via Attari, plead for leninecy from Indian govt - 29 min 50 sec ago

SCMP - Hotel fire in India kills 14, some jumped to escape - 1 hour 1 min ago

The Hindu - Tariff talks with India going great, think will have deal: Trump - 2 hours 40 min ago

The Guardian - India and Pakistan already sweltering in ‘new normal’ heatwave conditions - 3 hours 2 min ago

Russia Today - India planning ‘military strike’ within 24–36 hours – Pakistan - 9 hours 19 min ago

China creates list of US-made goods exempt from 125% tariffs, sources say - Reuters
Reuters - 2 hours 56 min ago
China creates list of US-made goods exempt from 125% tariffs, sources say Reuters

BBC - Fifty years after the war, Vietnam faces a new US threat: tariffs - 8 hours 55 min ago

Bloomberg - From Porsche to Carlsberg and JetBlue, Tariff Toll Spreads - Bloomberg.com - 14 hours 49 min ago

FOX Business - China caves on 125% tariff for major US export after White House predicts Beijing can't keep up - 15 hours 39 min ago

NDTV - AstraZeneca Moves Some Production To US Amid Tariff Threat - 17 hours 29 min ago

Reuters - Biofuel maker Neste expects limited impact from tariffs, but supply glut still weighs - Reuters - 19 hours 20 min ago

CGTN - Spokesperson: China urges U.S. to stop threats for tariff negotiations - 21 hours 54 min ago

COMMENTARY:

Sydney Morning Herald - 'Trump will be talking' to Australia over trade tariffs - 13 min 15 sec ago

Indiatimes - Jeep owner Stellantis suspends 2025 earnings forecast over tariffs - 48 min 17 sec ago

AllAfrica - Kenya: China Affirms Clear Stance On Tariffs, Vows to Stand With Kenya in Global Trade Justice - 1 hour 21 min ago

SCMP - TSMC triples down on Arizona, begins construction on third US plant as tariffs loom - 2 hours 2 min ago

The Straits Times - Singapore's Wilmar posts higher first-quarter profit, flags tariff uncertainty - 6 hours 33 min ago

New York Times - West Coast Ports Brace for China Tariffs to Dent Import Volume Within Days - 10 hours 25 min ago

The Independent - White House scales back auto tariffs after industry panic: ‘It’s a little bit of help’ - 10 hours 58 min ago

BusinessInsider - LA port exec says cargoes are set to drop 35% starting next week as tariffs hit demand - 14 hours 2 min ago

Investors turn to emerging market debt after Trump tariffs hit U.S. Treasurys
CNBC - 3 hours 8 min ago
Investors have been piling into emerging market bonds amid a U.S. Treasury sell-off whose status as a safe haven has comes under investor scrutiny.

Satya Nadella says as much as 30% of Microsoft code is written by AI
CNBC - 5 hours 4 min ago
Microsoft CEO Satya Nadella on Tuesday said that as much as 30% of the company's code is now written by artificial intelligence.

COMMENTARY:

Indiatimes - Meta introduces Llama API; Nadella says as much as 30% of Microsoft code is written by AI - 57 min 6 sec ago

Waymo, Toyota strike partnership to bring self-driving tech to personal vehicles
CNBC - 7 hours 4 min ago
It comes after Alphabet CEO Sundar Pichai said the company is exploring personal ownership of vehicles with Waymo technology.

UPS to cut 20,000 jobs on reduced Amazon deliveries, as US tariffs weigh - Reuters
Reuters - 8 hours 39 min ago
UPS to cut 20,000 jobs on reduced Amazon deliveries, as US tariffs weigh Reuters

COMMENTARY:

The Straits Times - UPS to cut 20,000 jobs on slashed Amazon deliveries as US tariffs weigh - 7 hours 28 min ago

New York Times - UPS Says It Will Cut 20,000 Jobs in Efficiency Drive - 15 hours 41 min ago

BusinessInsider - UPS says it is cutting 20,000 staff and shuttering over 70 facilities - 19 hours 28 min ago

Bessent says US will weigh China's failure on 'phase one' trade deal from first term in negotiations
FOX Business - 8 hours 53 min ago
Treasury Secretary Bessent said the Trump administration will weigh China's lack of compliance with the "phase one" trade deal from the president's first term in current negotiations.

FOX Business - White House teases US 'very close' to trade deals with Asian partners as Trump hits 100 days in office - 17 hours 7 min ago

COMMENTARY:

Indiatimes - Trump eases auto tariffs burden as Howard Lutnick touts first foreign trade deal - 5 hours 25 min ago

The Guardian - Trump ‘makes trade deal with UK second-order priority’ in blow to ministers - 12 hours 31 min ago

Sweden: Three killed in Uppsala shooting
Deutsche Welle - 9 hours 3 min ago
Swedish police said a masked gunman carried out a shooting that killed three people. The motive of the shooting was as of yet unclear, with police investigating it as a homicide.

COMMENTARY:

The Independent - Three killed in Sweden shooting as police hunt gunman - 13 hours 14 min ago

US Threatens To Quit Russia-Ukraine Effort Unless "Concrete Proposals"
NDTV - 9 hours 37 min ago
Secretary of State Marco Rubio warned Tuesday that the United States would end mediation unless Russia and Ukraine come up with "concrete proposals," as US patience wanes on an early priority for President Donald Trump.

RELATED:

Bloomberg - Russia’s Oil Exports Edge Higher With Return of Sanctioned Ships - Bloomberg.com - 19 hours 26 min ago

NDTV - Russia Says Waiting For Ukraine's Response On Offer Of Direct Peace Talk - 19 hours 36 min ago

COMMENTARY:

The Independent - France accuses a Russia-linked hacking group of targeting the Paris Olympics and French agencies - 45 min 47 sec ago

BusinessInsider - 2 big companies aren't rushing to return to Russia - 1 hour 7 min ago

Indiatimes - US threatens to quit Russia-Ukraine effort unless 'concrete proposals' - 1 hour 34 min ago

Russia Today - Russia and US were on brink of WWIII – Oliver Stone - 9 hours 54 min ago

The Guardian - France says Russian hackers behind attack on Macron’s 2017 presidential campaign - 14 hours 33 min ago

Consumer confidence plunged to a 5-year low in April
FOX Business - 9 hours 54 min ago
The Conference Board's consumer confidence index declined to its lowest level in five years in April, marking five months of declines and reaching levels not seen since COVID.

CGTN - Cross-border platforms raise cost, tariffs affect consumers' wallets - 23 hours 14 min ago

US stocks close higher; oil drops amid recession fears, trade talks - Reuters
Reuters - 10 hours 28 min ago
US stocks close higher; oil drops amid recession fears, trade talks Reuters

COMMENTARY:

Indiatimes - Retail nightmare incoming? Donald Trump’s trade policies may lead to empty shelves and full-blown recession by June - 18 hours 5 min ago

Amazon Denies Tariff Label Plans After Trump Called to Complain - Bloomberg.com
Bloomberg - 11 hours 23 min ago
Amazon Denies Tariff Label Plans After Trump Called to Complain Bloomberg.com

NDTV - Donald Trump Calls Jeff Bezos After Amazon Reveals Tariffs On Goods - 12 hours 57 min ago

FOX Business - Amazon takes first step toward satellite internet service with successful launch - 14 hours 18 min ago

BBC - White House hits back at Amazon 'plan' to show tariff price rises - 15 hours 41 min ago

COMMENTARY:

The Hindu - Amazon is not planning to break down tariff costs online as White House attacks potential move - 2 hours 58 min ago

The Independent - Trump hails Bezos for scrapping plan to show Amazon shoppers tariff price hikes on products - 9 hours 54 min ago

New York Times - White House-Amazon Spat Culminates in Trump Calling Bezos ‘Very Nice’ - 10 hours 28 min ago

BusinessInsider - Elon Musk's Starlink mints money and has become a geopolitical power tool. No wonder Amazon is splurging on satellites. - 12 hours 36 min ago

New York Post - Saks Fifth Avenue launches storefront on Amazon to sell luxury clothes, products - 15 hours 4 min ago

SCMP - Reported Amazon plan to list tariff costs ‘hostile and political act’: Trump White House - 15 hours 32 min ago

Indiatimes - 'Hostile, political act': White House vs Amazon after tech giant planned to disclose cost of US tariffs on its website - 15 hours 34 min ago

The Guardian - Amazon takes on Musk’s Starlink with launch of first internet satellites - 15 hours 42 min ago

Exclusive: Trump officials eye changes to Biden's AI chip export rule, sources say - Reuters
Reuters - 11 hours 45 min ago
Exclusive: Trump officials eye changes to Biden's AI chip export rule, sources say Reuters

COMMENTARY:

Indiatimes - Trump at 100 days rally: Under Biden we lost $5 billion a day on trade, now we’re making money - 5 hours 13 min ago

The Independent - Trump purging Holocaust Memorial Museum board of Biden appointees – including Doug Emhoff - 6 hours 54 min ago

GM recalls nearly 600K vehicles with 6.2L V8 over risk of possible engine failure
FOX Business - 11 hours 46 min ago
General Motors has a recall underway for almost 600,000 vehicles in the U.S. for a potential problem with certain parts that could make their engines fail.

How does Europe want the Ukraine war to end?
Deutsche Welle - 12 hours 10 min ago
Europe is watching anxiously as Washington warns of a "critical week" for Ukraine. Leaked documents show the US and Europe diverge on how to end the war.

RELATED:

Deutsche Welle - What Ukrainians think about Trump's peace plan - 12 hours 36 min ago

NDTV - How Dogs From Bosnia Are Helping Ukraine Clear Minefields - 21 hours 47 min ago

COMMENTARY:

Indiatimes - Hundreds of North Korean troops killed while fighting Ukraine, Seoul says - 2 hours 51 min ago

SCMP - US threatens to quit Ukraine war mediation effort unless ‘concrete proposals’ - 4 hours 29 min ago

The Independent - Boxing champion Oleksandr Usyk urges Trump to ‘open his eyes’ over the war in Ukraine - 15 hours 10 min ago

Russia Today - Ukraine could be ‘crushed very shortly’ – Trump - 15 hours 12 min ago

Pahalgam Terror Attack 'Deeply Disturbing, Tragic': Imran Khan
NDTV - 12 hours 15 min ago
Pakistan's incarcerated former prime minister Imran Khan on Tuesday termed the Pahalgam terror attack "deeply disturbing and tragic" while saying that India needs to act responsibly.

RELATED:

NDTV - In Call With S Jaishankar, UN Chief Condemns Pahalgam Terror Attack - 13 hours 20 min ago

COMMENTARY:

Indiatimes - Maharashtra man claims terror suspect spoke to him day before Pahalgam attack - 1 hour 37 min ago

Top AI CEOs to testify at Senate hearing convened by Cruz
FOX Business - 12 hours 39 min ago
OpenAI CEO Sam Altman and other artificial intelligence company leaders will testify before a Senate committee chaired by Sen. Ted Cruz, R-Texas, in May.

RELATED:

CNBC - SoFi CEO says fintech bank is bringing back crypto investing - 19 hours 33 min ago

Bloomberg - Norway Wealth Fund CEO Sees Potential in Real Estate, Renewables - Bloomberg.com - 21 hours 10 min ago

COMMENTARY:

The Hindu - IndusInd Bank shares decline over 3% as CEO Sumant Kathpalia steps down - 45 min 46 sec ago

Indiatimes - 'Blood on window, bullet on street': How Mysuru techie CEO Harshavardhana Kikkeri kills wife and son before taking his own life in US - 52 min 53 sec ago

BusinessInsider - Pfizer's CEO said the company could make 'tremendous investments' in the US if Trump's tariffs go away - 2 hours 31 min ago

New York Post - Goldman Sachs CEO David Solomon warns Trump’s tariffs are forcing CEOs ‘to tighten their belts’ - 11 hours 50 min ago

Nearly 50 Make-A-Wish families become royalty at Walt Disney World
FOX Business - 13 hours 2 min ago
Disney and Make-A-Wish have partnered again for one of their largest events ever, the Once Upon A Wish Party at Walt Disney World resort.

COMMENTARY:

BusinessInsider - Is Disney actually too 'woke'? We asked 12 of the company's most passionate fans - 14 hours 5 min ago

SCMP - Hollywood faces defining moment in China as Disney prepares new releases - 21 hours 32 min ago

Pfizer CEO says tariff uncertainty is deterring further U.S. investment in manufacturing, R&D
CNBC - 13 hours 49 min ago
It comes as drugmakers brace for Trump's levies on pharmaceuticals imported into the U.S. – his administration's bid to boost manufacturing in the country.

COMMENTARY:

The Guardian - China manufacturing activity plummets amid Trump tariff war - 1 hour 32 min ago

The Hindu - Intel attracts interest for test chips using new manufacturing process - 2 hours 14 min ago

SCMP - Trump executive order to relax 25% auto tariffs to revitalise US manufacturing - 16 hours 27 min ago

Oil industry that Trump wants to ‘drill, baby, drill’ has taken a beating since he took office
CNBC - 14 hours 19 min ago
U.S. crude oil prices have fallen more than 20% since Trump took office, to below $65 per barrel, making it unprofitable for many companies to drill.

Facebook Parent Meta Platforms Launches Standalone AI Assistant App
NDTV - 14 hours 20 min ago
Facebook parent Meta Platforms on Tuesday launched a separate app for its Meta AI assistant, similar to those offered by Microsoft-backed OpenAI and Alphabet's Google.

100 days of Trump: US recession looms as bold promises burst
Deutsche Welle - 15 hours 14 min ago
Trump’s first 100 days unleashed chaos with tariffs and executive orders, tanking markets and global trust. As the dust clears, has he strengthened America's hand or deepened economic risks?

RELATED:

CGTN - Beyond recent shifts: Why US dollar supremacy has faded - 19 hours 31 min ago

COMMENTARY:

New York Post - Starbucks posts bigger-than-expected drop in global sales on weak US demand - 10 hours 18 min ago

SCMP - US consumer confidence hits 5-year low amid Trump tariff concerns - 15 hours 2 min ago

Indiatimes - US consumer confidence plunges to lowest in 5 years on tariff worries - 16 hours 42 min ago

UPS cutting 20K jobs due to fewer Amazon shipments
FOX Business - 15 hours 41 min ago
UPS announced it's cutting 20,000 jobs and shuttering 73 of its facilities as it cuts costs as part of a reduction in Amazon shipments, while also facing economic uncertainty.

COMMENTARY:

The Straits Times - ST Picks: Trump’s trade war puts S’pore’s economic growth, jobs at risk: MAS - 10 hours 2 min ago

The Independent - UPS reveals it is cutting 20,000 jobs amid decrease in Amazon deliveries - 12 hours 32 sec ago

Indiatimes - April gloom: Americans brace for economic storm as confidence plunges to 2020 lows, with job market fears echoing Great Recession woes - 14 hours 22 min ago

Why is the M&S cyber attack chaos taking so long to resolve?
BBC - 16 hours 58 min ago
The company not saying who carried out the attack - or when their systems will be restored - suggests it's serious.

RELATED:

BBC - Why is the M&S cyber attack chaos taking so long to resolve? - 16 hours 58 min ago

NDTV - Spain's Grid Operator Rules Out Cyberattack As Cause Of Sweeping Blackout - 19 hours 15 min ago

COMMENTARY:

The Guardian - M&S cyber-attack linked to hacking group Scattered Spider - 14 hours 7 min ago

Apple Investors Seek Clarity On Tariffs, AI Strategy As iPhone Sales Decline
NDTV - 17 hours 44 min ago
Apple is expected to face a string of questions over the delayed roll-out of key AI features and the impact of the Sino-U.S. tariff standoff on its business, when it reports results on Thursday.

CGTN - Graphics: Apple's supply chain under pressure from U.S. tariffs - 22 hours 49 min ago

COMMENTARY:

The Straits Times - Apple retains top spot among Singapore’s best employers, with Asia Pacific Breweries at No. 2 - 10 hours 2 min ago

BusinessInsider - 4 key issues everyone will be listening for in Apple's earnings call - 19 hours 57 min ago

US solidifying itself as bitcoin mining hub
FOX Business - 18 hours 2 min ago
Bitcoin miners are flocking to the U.S. where energy is more accessible along with friendly capital markets and a wide pool of talent, according to a new study.

Stock Markets Surge Amid Reports Of US's Tariff Relief To Automakers
NDTV - 18 hours 33 min ago
Stock markets advanced on Tuesday following news that Donald Trump plans to spare automakers from some of his wide-ranging tariffs, boosting hopes of a less combative approach to his trade war.

RELATED:

NDTV - US Man Suffers Rs 68 Lakh Loss In Stock Market: "I Was Devastated" - 19 hours 48 min ago

COMMENTARY:

BusinessInsider - One chart shows why the stock market could be headed for another period of intense volatility - 12 hours 26 min ago

Wall Street banks sell final portion of Elon Musk's X debt, source says - Reuters
Reuters - 18 hours 52 min ago
Wall Street banks sell final portion of Elon Musk's X debt, source says Reuters

COMMENTARY:

BusinessInsider - A Wall Street analyst turned personal trainer uses 3 strategies to get a great workout in as little as 5 minutes - 9 hours 28 min ago

Indiatimes - US stock market today: Dow jumps 230 as Nasdaq slides and S&P stumbles; UPS cuts, Trump tariffs rattle Wall Street in worst 100-day start for markets in 50 years - 15 hours 33 min ago

United Airlines grows highest-end Polaris airport lounge by 50% in battle for wealthy customers
CNBC - 19 hours 57 sec ago
United has been expanding its Polaris lounges in Chicago and Newark to fit more customers.

RELATED:

FOX Business - American Airlines sues JetBlue after partnership talks collapse - 19 hours 41 min ago

COMMENTARY:

New York Post - Struggling JetBlue in talks on partnership with United Airlines: report - 8 hours 8 min ago

The Independent - JetBlue to announce partnership with US carrier after deal with American Airlines collapsed in acrimony - 11 hours 12 min ago

BusinessInsider - Over 300 United Airlines passengers were diverted when a faulty sensor told pilots that a cargo door was open - 19 hours 15 min ago