Business News - The Last 24 Hours

Nvidia CEO Jensen Huang says AI is in a 'virtuous cycle.' Here's what he means
CNBC - 30 min 18 sec ago
"The virtual cycle of AI has been designed, and this is ... the reason why you're seeing the world's capex going so fast," Nvidia CEO Jensen Huang said.

CNBC - Reddit CEO on data scraping lawsuits against AI companies: 'We see both sides of this' - 11 hours 38 min ago

COMMENTARY:

BusinessInsider - Meet the ex-McKinsey exec helping NYC's CEOs get comfortable with Zohran Mamdani - 39 min 9 sec ago

Indiatimes - Toyota Motor does not face immediate chip shortage from Nexperia, CEO says - 4 hours 37 min ago

The Straits Times - Former RWS CEO Tan Hee Teck to replace Lim Boon Heng as NTUC Enterprise chairman - 23 hours 40 min ago

Once In Love, Now Ignored: Why Kim Jong Un Had Little Need For Photo-Op With Trump
NDTV - 52 min 26 sec ago
US President Donald Trump may have hoped for an impromptu talk with his old friend Kim Jong Un during a recent trip to Asia, but analysts say the increasingly emboldened North Korean despot had few good reasons to join the photo-op.

RELATED:

NDTV - Fire, Fury And 'N-Word': Trump's Obsession With Nuclear Weapons - 1 hour 26 min ago

Deutsche Welle - APEC summit starts after Trump and Xi agreed to trade truce - 5 hours 28 min ago

BBC - Trump caps US refugee admissions at 7,500 - mostly white South Africans - 8 hours 26 min ago

CNBC - Asia-Pacific markets set to open mixed after Trump-Xi truce - 10 hours 39 min ago

FOX Business - Trump and Xi strike trade truce: 5 key takeaways from the South Korea summit - 19 hours 38 sec ago

COMMENTARY:

New York Times - Coal Jobs Are Disappearing on the Navajo Nation. Can Trump Bring Them Back? - 1 hour 23 min ago

SCMP - Trump’s Asia tour made US distaste for multilateralism obvious - 1 hour 53 min ago

Indiatimes - Why emboldened Kim had little need for photo-op with Trump - 3 hours 41 min ago

Sydney Morning Herald - Sorry, but I struggle to get outraged about Trump’s White House renos - 4 hours 19 min ago

Russia Today - Trump sets record-low cap on refugee admissions - 5 hours 25 min ago

The Independent - Former Trump golf club worker mistakenly deported to Mexico by ICE, lawyer says - 7 hours 45 min ago

The Guardian - More than half of Americans disapprove of Trump demolishing East Wing – poll - 8 hours 33 min ago

New York Post - Abby Phillip fires back at liberal critics over hosting Trump supporters on CNN: ‘You should know what they’re saying’ - 13 hours 1 min ago

BusinessInsider - Trump's post on nuclear weapons testing doesn't make a lot of sense - 13 hours 49 min ago

Watch: Nvidia's Jensen Huang Shares 'Love Shot' With Samsung, Hyundai Chiefs In Seoul
NDTV - 56 min 29 sec ago
Nvidia CEO Jensen Huang, Samsung Electronics Chairman Lee Jae-yong, and Hyundai Motor Group Executive Chair Chung Euisun shared a "love shot" in Seoul on Thursday.

COMMENTARY:

Indiatimes - Samsung Electronics in 'close discussion' with Nvidia to supply next-generation HBM4 chips - 4 hours 17 min ago

SCMP - Nvidia, Samsung chiefs bond over Korean fried chicken, lifting snack stocks - 6 hours 41 min ago

BusinessInsider - A detail in this photo of Jensen Huang having fried chicken with the heads of Samsung and Hyundai shows the extent of his tech celebrity - 20 hours 36 min ago

Soviet throwback? Russia rekindles home-grown events after isolation from the West
CNBC - 1 hour 3 min ago
Russia was banned from various cultural and sporting events after it launched a full-scale invasion of Ukraine in 2022.

CNBC - Russia on guard after Trump's call to resume nuclear weapons testing - 21 hours 50 min ago

NDTV - Russia Clarifies Its Tests Were Not 'Nuclear' After Trump Orders US Tests - 22 hours 27 min ago

COMMENTARY:

The Independent - Homegrown Ukrainian drones take the war deep into Russia - 1 hour 13 min ago

SCMP - Extreme Russian contest offers flat as prize, makes couple tattoo toddler son - 9 hours 24 min ago

Indiatimes - Russian crude buys shaped by global oil market's evolving dynamics: MEA - 16 hours 3 min ago

BusinessInsider - Russia's boasting big moves on a couple of nuclear 'super weapons.' Another may be operational soon. - 18 hours 45 min ago

Russia Today - EU parliament could block Russian media – Politico - 22 hours 57 min ago

APEC summit starts with China vowing to defend free trade
Deutsche Welle - 1 hour 29 min ago
With US tariffs weighing heavily on global economy, Chinese President Xi Jinping is using a summit of Pacific Rim nations to position Beijing as a champion of free and open trade.

BBC - Xi and Trump find temporary truce as China plays longer game - 22 hours 30 min ago

COMMENTARY:

Indiatimes - As Trump skips APEC, China's Xi fills the void with message on trade - 2 hours 32 min ago

US, India hail new 10-year defense pact despite tensions
Deutsche Welle - 2 hours 4 min ago
The India-US accord will boost intelligence and tech collaboration, according to US Defense Secretary Pete Hegseth, with India's Rajnath Singh saying it signaled "growing strategic convergence" between the two sides.

RELATED:

NDTV - India, US Sign Landmark 10-Year Defence Framework In Malaysia - 2 hours 6 min ago

Reuters - India regulator likely to penalise MCX for four-hour trading halt, sources say - Reuters - 3 hours 33 min ago

CNBC - CNBC's Inside India newsletter: How entrepreneurship is rising in India's small cities - 10 hours 27 min ago

BBC - Could India's win for the ages redefine women's cricket? - 15 hours 23 min ago

Deutsche Welle - India watches from sidelines as APEC kicks off - 20 hours 17 min ago

COMMENTARY:

Indiatimes - India beats Australia to reach Women’s World Cup final -Fans celebrate across India - 53 min 36 sec ago

SCMP - US, India ‘open new doors’ to ties after sealing ‘ambitious’ defence deal - 3 hours 2 min ago

The Hindu - India faces GDP loss of up to 24.7% by 2070 due to climate change: EU official - 7 hours 22 min ago

The Straits Times - Air India seeks $1.47 billion lifeline from SIA and Tata, Bloomberg News reports - 9 hours 28 min ago

Reuters: Russia has attacked Ukraine with 9M729 missile, development of which led Trump to scrap nuclear deal - Українська правда
Reuters - 2 hours 13 min ago
Reuters: Russia has attacked Ukraine with 9M729 missile, development of which led Trump to scrap nuclear deal Українська правда

RELATED:

NDTV - Russia Using Missile In Ukraine Over Which US Ended Arms Pact In 2019 - 2 hours 25 min ago

COMMENTARY:

The Independent - Trump-Putin summit in Budapest axed over Russia’s hardline stance on Ukraine - 32 min 21 sec ago

The Guardian - Ukraine reports fresh Russian attacks amid reports Moscow used ‘secret’ missile in recent months – Europe live - 1 hour 7 min ago

Indiatimes - Russia uses 9M729 missile in Ukraine that led Trump to quit nuclear treaty, Kyiv says - 4 hours 17 min ago

BusinessInsider - Ukrainian fighter pilot says the Gripen is the only fighter in the world for which he'd sell his soul - 23 hours 25 min ago

Google to offer Gemini AI for free to over 500 million Jio users as global firms double down on India
CNBC - 2 hours 21 min ago
Global AI companies are stepping up efforts to gain users in India by offering free subscriptions

COMMENTARY:

BusinessInsider - I left my 6-figure job and unvested stock at Google to join the AI safety movement. It was a hard decision. - 1 hour 24 min ago

Indiatimes - Reliance-Google partnership offers free Gemini AI access for Jio users via MyJio app - 2 hours 53 min ago

New York Post - Eric Schmidt’s scorned girlfriend’s $100M lawsuit exposes ex-Google CEO’s jet-setting love life — away from his wife - 14 hours 48 min ago

Russia Today - Secret details of Israel’s mammoth deal with Google & Amazon revealed – media - 17 hours 41 min ago

Trump Urges Senate To Scrap 60-Vote Rule As Shutdown Drags On
NDTV - 3 hours 15 min ago
President Donald Trump on Thursday called for the "Nuclear Option" of scrapping the key 60-vote threshold required for the Senate to advance legislation, as Republicans face mounting pressure to end the US federal shutdown.

RELATED:

NDTV - JD Vance Warns Of Air Travel "Disaster" Amid US Government Shutdown - 8 hours 53 min ago

FOX Business - Teamsters leader Sean O'Brien demands 'end the shutdown' while flanked by Vance, Duffy at White House event - 12 hours 48 min ago

CNBC - Delta calls on Congress to immediately end government shutdown, pay air traffic controllers - 15 hours 49 min ago

BBC - Five ways US government shutdown is hurting - and why it's about to get worse - 18 hours 54 min ago

COMMENTARY:

The Independent - Trump shutdown live: Republicans told to play ‘Trump card’ to end crisis in president’s latest social media rant - 1 hour 7 min ago

Indiatimes - CalFresh benefits halted by federal shutdown: here's where California residents can get food help - 1 hour 29 min ago

BusinessInsider - Air traffic controllers' union chief says tension is at an 'all-time high' as workers miss their first full paycheck of the government shutdown - 6 hours 19 min ago

The Guardian - Radio Free Asia suspends news operations amid cuts and US government shutdown - 9 hours 10 min ago

SCMP - US judge blasts ‘political game’ over shutdown pause on food aid - 12 hours 11 min ago

Russia Today - Shutdown puts national security at risk – FBI - 12 hours 52 min ago

Samsung building facility with 50,000 Nvidia GPUs to automate chip manufacturing
CNBC - 4 hours 24 min ago
Samsung is the latest company to announce a deal with Nvidia, whose chips remain essential for building and deploying advanced artificial intelligence.

COMMENTARY:

AllAfrica - Nigeria: Nigeria, EU Sign Agreements to Boost Local Manufacturing, Health Investments - 2 hours 31 min ago

The Straits Times - Manufacturing, services firms more upbeat but largely cautious about Q4 outlook - 3 hours 49 min ago

Disney content to go dark on YouTubeTV amid contract dispute
CNBC - 6 hours 11 min ago
Disney content, including channels like ABC and ESPN, was removed from YouTube TV as of Thursday, after the two companies failed to renew a contract.

COMMENTARY:

New York Times - YouTube TV Users Lose Access to Disney and ESPN - 3 hours 28 min ago

Indiatimes - 'It’s our goal to restore Disney content': YouTube on Pay-TV standoff - Check full list of affected channels - 4 hours 8 min ago

BusinessInsider - Disney Plus price: Plans, cost, and ad tier differences - 13 hours 53 min ago

The Independent - Disney channels including ABC and ESPN could be yanked from YouTubeTV in pay dispute - 20 hours 47 min ago

Colombian President Struggling To Get Salary After US Sanctions: Lawyer
NDTV - 8 hours 25 min ago
Colombian President Gustavo Petro is struggling to access his salary after being hit with US sanctions, his lawyer said.

COMMENTARY:

Indiatimes - 'India gets 6-mths US sanctions waiver for Chabahar' - 15 hours 59 min ago

New York Times - Sanctions Lifted on a Putin-Backed Autocrat After Lobbying by Trump Allies - 16 hours 18 min ago

Russia Today - US lifts sanctions on Bosnian Serb leader - 22 hours 24 min ago

Apple silences its critics with strong iPhone demand and blowout services revenue
CNBC - 9 hours 10 min ago
Talk about a monster quarter.

RELATED:

CNBC - Apple isn't playing the same AI capex game as the rest of the megacaps - 10 hours 46 min ago

COMMENTARY:

Indiatimes - Apple iOS 26.1 update expected in early November: Here’s what’s coming - 5 hours 16 sec ago

New York Post - Apple sales top $100B despite missing iPhone forecasts — but CEO Tim Cook expects big holiday quarter - 12 hours 16 min ago

BusinessInsider - Apple earnings updates: Wall Street is bullish on iPhone demand, AI, as market cap tops $4 trillion - 20 hours 53 min ago

We're jacking up our price target on Amazon after its cloud unit shocks the haters
CNBC - 10 hours 26 min ago
With this quarter, the company went a long way in shutting up the naysayers.

RELATED:

CNBC - Amazon cloud records 20% sales growth, topping estimates - 14 hours 9 min ago

COMMENTARY:

Indiatimes - Amazon layoffs 2025: Andy Jassy sparks backlash after saying 14,000 job cuts are about “culture,” not AI - 1 hour 57 min ago

The Hindu - Amazon shares surge as AI boom drives cloud growth - 7 hours 49 sec ago

The Straits Times - Amazon reports cloud unit grew at fastest pace since 2022 - 9 hours 53 min ago

New York Post - Amazon shares soar as AI demand boosts cloud revenue — and results fire up CEO Andy Jassy - 10 hours 41 min ago

BusinessInsider - Amazon's CEO says its 14,000 job cuts weren't driven by costs or AI: 'It's about culture' - 11 hours 28 min ago

Reuters launches "Pure News, Straight from the Source" brand campaign to reach consumers seeking accurate, unbiased news in an era of growing misinformation - The Malaysian Reserve
Reuters - 12 hours 4 min ago
Reuters launches "Pure News, Straight from the Source" brand campaign to reach consumers seeking accurate, unbiased news in an era of growing misinformation The Malaysian Reserve

COMMENTARY:

AllAfrica - South Africa: More Than 10-Million Consumers Cannot Repay Their Debt - 2 hours 27 min ago

Indiatimes - ET Graphics: From cars to mobiles, consumers open wallets this Diwali - 10 hours 24 min ago

US Justice Department Probes Fraud Claims In Black Lives Matter Movement
NDTV - 12 hours 27 min ago
The Justice Department is investigating whether leaders in the Black Lives Matter movement defrauded donors who contributed tens of millions of dollars during racial justice protests in 2020, according to multiple people familiar with the matter.

COMMENTARY:

Russia Today - Black Lives Matter leaders investigated for fraud – AP - 11 hours 12 min ago

Goldman Sachs CEO calls decades of US-China trade policy a ‘mistake,’ sees progress in Trump-Xi talks
FOX Business - 15 hours 2 min ago
Goldman Sachs CEO David Solomon calls past 50 years of China trade policy 'a mistake' as Trump and Xi Jinping hold crucial talks amid escalating tariff tensions.

COMMENTARY:

BusinessInsider - Corporate America says AI isn't about cost-cutting, but jobs will go anyway, a Goldman Sachs banker survey finds - 3 hours 24 min ago

New York Post - Goldman Sachs CEO David Solomon worried about mounting US debt: ‘There will be a reckoning’ - 16 hours 18 min ago

Mortgage rates jump 20 basis points following Fed cut
CNBC - 15 hours 30 min ago
Mortgage rates surged higher after the Federal Reserve cut its benchmark interest rate. The market reacted to comments from the chairman on future cuts.

COMMENTARY:

SCMP - Interest rate cut by Hong Kong banks to ease loan repayments: finance chief - 7 hours 23 min ago

Indiatimes - The Fed just slashed rates — experts reveal the No.1 place to keep your money right now - 21 hours 16 min ago

Shawbrook shares jump after biggest UK company IPO on LSE in two years - Reuters
Reuters - 16 hours 42 min ago
Shawbrook shares jump after biggest UK company IPO on LSE in two years Reuters

Reuters - Exclusive: OpenAI lays groundwork for juggernaut IPO at up to $1 trillion valuation - Reuters - 22 hours 59 min ago

COMMENTARY:

The Hindu - Groww App to raise ₹6632.3 crore in IPO - 1 hour 23 min ago

BusinessInsider - VCs have waited years for Navan to go public. Here are the big winners in its IPO. - 13 hours 24 min ago

Indiatimes - OpenAI IPO: Date, price, how to buy and all details - 18 hours 19 min ago

California billionaires face proposed one-time wealth tax
FOX Business - 17 hours 31 min ago
The proposed “2026 Billionaire Tax Act" would impose a one-time 5% tax on California billionaires’ net worth to replace billions in lost federal funding for the state's Medicaid program.

RELATED:

CNBC - How the 2026 Social Security payroll tax cap could impact your paycheck - 21 hours 54 min ago

COMMENTARY:

Indiatimes - Income Tax Tribunal move to back 22% tax on capital gains sparks row - 15 hours 13 min ago

AllAfrica - Angola: Government Guarantees Mobilization of Tax Revenues for Digital Transformation - 18 hours 46 min ago

US Official Says China Gave Green Light To TikTok Transfer
NDTV - 18 hours 4 min ago
China has approved the transfer agreement for the short video app TikTok, US Treasury Secretary Scott Bessent said on Thursday, adding that he expects it to move forward in the coming weeks and months but giving no other details.

COMMENTARY:

Indiatimes - Kim Kardashian drops wild take, says Moon landing was fake, cites TikTok evidence - 15 hours 55 min ago

The Independent - China has approved TikTok transfer deal, Bessent says - 18 hours 22 min ago

SCMP - Trump, Xi strike truce with soybean deal and TikTok nod: Bessent - 19 hours 59 min ago

Trump shaves China tariffs in deal with Xi on fentanyl, rare earths - Reuters
Reuters - 18 hours 52 min ago
Trump shaves China tariffs in deal with Xi on fentanyl, rare earths Reuters

COMMENTARY:

BusinessInsider - I run a wine bar in Los Angeles. My sales are down by 26%, and I've raised prices due to tariffs and the economy. - 1 hour 40 min ago

New York Post - Stores are slashing candy prices to entice Halloween shoppers as cocoa tariffs hit hard - 12 hours 21 min ago

The Guardian - Senate passes bill to nullify Trump’s sweeping global tariffs on more than 100 nations – as it happened - 12 hours 55 min ago

New York Times - In China Truce on Tariffs and Rare Earths, National Security Controls Are Bargaining Chip - 13 hours 5 min ago

Indiatimes - Policy push tariff hike on peas may boost pulses sowing in Rabi - 15 hours 15 min ago

Sydney Morning Herald - Trump lowers tariffs after China meeting - 15 hours 20 min ago

The Independent - Donald Trump eases China tariffs as nations agree trade war truce - 23 hours 50 min ago

ECB Holds Rates With Inflation Near 2% and Economy Expanding - Bloomberg.com
Bloomberg - 19 hours 33 min ago
ECB Holds Rates With Inflation Near 2% and Economy Expanding Bloomberg.com

COMMENTARY:

The Guardian - What if the next move in interest rates is up? Australia’s shock inflation news raises an unwelcome question - 20 hours 24 min ago

US-China dysfunction overshadows APEC summit
Deutsche Welle - 20 hours 33 min ago
For decades, APEC has helped integrate economies along the Pacific Rim. But on-again, off-again tariff escalation between the world's largest economies means more uncertainty and less room for cooperation.

COMMENTARY:

The Independent - Trump warned Ukraine war is creating ‘significant risks’ for US economy in new report urging end to conflict - 39 min 10 sec ago

Indiatimes - Trump calls for US Senate to scrap filibuster rule - 7 hours 6 min ago

Trump hails 'amazing' meeting with China's Xi but no formal trade deal agreed
BBC - 20 hours 37 min ago
The US president and his Chinese counterpart met face-to-face for the first time in six years.

European Central Bank holds rates steady as economy shows resilience
CNBC - 20 hours 53 min ago
Top ECB board members told CNBC this month that the easing cycle is close to, or at its end.

Jim Cramer's top 10 things to watch in the stock market Thursday
CNBC - 21 hours 37 min ago
Stocks were headed for a modestly lower open, with the Fed's second interest rate cut of the year behind us and China trade progress emerging.

COMMENTARY:

Indiatimes - Australian Stock Market rises, sees modest gains across indices, Mayne Pharma drops 30%; check ASX 200 top gainers and losers - 4 hours 28 min ago

The Hindu - Stock markets rebound in early trade - 5 hours 22 min ago

The Guardian - OpenAI thought to be preparing for $1tn stock market float - 16 hours 2 min ago

Germany news: Munich court jails man for spying for Russia
Deutsche Welle - 22 hours 7 min ago
A dual national man has been jailed for six years for spying for Moscow and planning sabotage in Germany. Meanwhile, Germany's economy remains stagnant, piling pressure on Chancellor Merz’s government. DW has more.