Business News - The Last 24 Hours

DOJ pushes for Google to break off Chrome browser after antitrust case
CNBC - 35 min 58 sec ago
The Department of Justice is pushing a federal judge to make Google divest its Chrome internet browser as a remedy following the antitrust case.

Adani Group shares nosedive after chairman Gautam Adani charged with fraud in New York
CNBC - 49 min 25 sec ago
Shares of India's Adani Group companies plunged after its billionaire chair Gautam Adani was indicted in a New York federal court.

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FOX Business - Former FTX executive Gary Wang spared prison time for role in crypto fraud - 7 hours 15 min ago

CNBC - FTX co-founder Gary Wang avoids prison time for role in crypto fraud - 13 hours 27 min ago

COMMENTARY:

The Straits Times - Archegos founder Bill Hwang sentenced to 18 years for massive fraud - 4 hours 8 min ago

SCMP - Archegos founder Bill Hwang gets 18 years in prison for massive fraud - 7 hours 29 min ago

New York Post - Archegos founder Bill Hwang sentenced to 18 years for massive fraud that stunned Wall Street - 8 hours 49 min ago

AllAfrica - Nigeria: CBN Warns Against Fraudulent SWIFT Fund Transfer Claims - 22 hours 3 min ago

Bitcoin Hits New Record, Crosses $95,000
NDTV - 1 hour 52 min ago
Bitcoin hit a record Thursday, topping $95,000 for the first time as it benefits from expectations that president-elect Donald Trump will push through measures to ease regulation of the unit. The digital currency reached $95,004.50 in early Asian trade, with observers expecting it to soon reach $100,000. Traders have been piling into the unit since Trump was elected at the start of the month, pushing it up almost 40 percent since the vote. The tycoon pledged on the campaign trail to mak ...

COMMENTARY:

The Hindu - Bitcoin breaks $95,000 for first time on optimism over Trump crypto plans - 1 hour 52 sec ago

SCMP - Bitcoin hits US$95,000 as crypto sector seeks White House post under Trump - 2 hours 57 min ago

Indiatimes - Maharashtra Bitcoin row: Here is everything you need to know of 'scam' allegation against Supriya Sule, Nana Patole - 17 hours 14 min ago

Google CEO Sundar Pichai Dials Donald Trump, Elon Musk Joins The Call
NDTV - 2 hours 41 min ago
Elon Musk has been a near-constant presence on the side of US President-elect Donald Trump. It was proven again when Google CEO Sundar Pichai dialed Trump and Musk joined the call, reported The Information. Mr Pichai called Trump to congratulate him on his victory over Kamala Harris in the recently concluded US Presidential Election. In the past, Musk has alleged biases in Google's search results, suggesting that upon searching for Trump, news related to Harris surfaced. Wow https:// ...

BBC - Trump picks former WWE CEO and TV's Dr Oz for top roles - 18 hours 9 min ago

COMMENTARY:

BusinessInsider - OpenAI CEO Sam Altman was paid $76,001 last year - 2 hours 13 min ago

The Straits Times - Apollo faces CEO question and golden moment if Trump picks Rowan as treasury chief - 2 hours 23 min ago

SCMP - Alibaba CEO highlights AI advancement at China’s internet forum - 5 hours 17 min ago

Indiatimes - Does Elon Musk's Grok AI chatbot support Kamala Harris? Here's what OpenAI CEO Sam Altman is saying - 14 hours 6 min ago

India Slams Canada Report On Nijjar Murder Plot, Calls It "Ludicrous"
NDTV - 3 hours 7 min ago
Amid continuously deteriorating ties, External Affairs Ministry spokesperson Randhir Jaiswal said a Canadian report claiming Prime Minister Narendra Modi was aware of the plot to kill Sikh separatist Hardeep Singh Nijjar was a "smear campaign". Canada's Globe and Mail newspaper report quoted unnamed Canadian officials to say Mr Modi was aware of plot to kill the Khalistani activist. The report claimed the Indian national security advisor and the external affairs minister were also in the loop ...

Deutsche Welle - India's richest state votes in regional election - 23 hours 21 min ago

COMMENTARY:

Indiatimes - India, Trinidad and Tobago strengthen ties with MoU exchange during India-CARICOM summit - 1 hour 15 min ago

The Hindu - India drops two places but remains among top 10 climate performers: Report - 1 hour 38 min ago

SCMP - Improved India-China relations could temper effects of Trump 2.0 - 7 hours 48 min ago

American Airlines passengers duct tape man who allegedly tried to open cabin door mid-flight: reports
FOX Business - 3 hours 26 min ago
An unruly man on an American Airlines flight from Milwaukee to Dallas was restrained by passengers using duct tape after allegedly attempting to open the cabin door.

COMMENTARY:

BusinessInsider - How Alaska Airlines used AI to save over 1.2 million gallons of jet fuel - 11 hours 47 min ago

The Hindu - Spirit Airlines' struggle to navigate post-pandemic trends lands it in bankruptcy - 19 hours 17 min ago

US charges Indian billionaire Gautam Adani in bribery case
Deutsche Welle - 4 hours 26 min ago
The chairman of the Adani Group has been charged with bribery linked to lucrative solar energy projects.

COMMENTARY:

Indiatimes - Congress calls for JPC into Adani group transactions after US prosecutors charge Gautam Adani in alleged bribery case - 1 hour 20 min ago

The Hindu - Gautam Adani U.S. indictment LIVE updates: Adani dollar bonds tumble after 250 million bribery scheme - 1 hour 43 min ago

SCMP - India’s Gautam Adani, one of world’s richest people, charged in US with bribery and fraud - 5 hours 47 min ago

BusinessInsider - Indian billionaire Gautam Adani indicted on bribery charges in alleged bribery scheme - 7 hours 26 min ago

New York Post - Indian billionaire Gautam Adani indicted over alleged bribery, hiding scheme from US investors - 7 hours 35 min ago

The Papers: 'Farewell Liam' and 'UK defies Putin'
BBC - 4 hours 40 min ago
Thursday's papers are led by Liam Payne's funeral and Ukraine firing UK-supplied missiles into Russia.

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NDTV - Vladimir Putin's Chilling New Nuclear Doctrine - What It Says - 15 hours 29 min ago

Reuters - Putin open for Ukraine ceasefire talks with Trump: Reuters - Al Mayadeen English - 18 hours 46 min ago

Deutsche Welle - Fact check: Is Putin threatening to use nuclear weapons? - 19 hours 19 min ago

COMMENTARY:

The Independent - Putin gifts a lion, bears and dozens of other animals to North Korea zoo - 15 hours 38 min ago

Indiatimes - After Putin's nuclear move, Russian spy chief sends 'punish' warning to NATO countries - 16 hours 28 min ago

Migrants Depart From Mexico Hoping To Reach US Before Trump Takes Office
NDTV - 5 hours 16 min ago
Hundreds of migrants left the Mexican city of Tapachula on foot Wednesday, aiming to arrive at the US border before President-elect Donald Trump -- who has vowed massive deportations -- takes office in January. The group of about 1,500 people set out from Tapachula in southern Mexico in the early morning hours for a walk of some 2,600 kilometers (over 1,600 miles). "My mentality is to get there, I want my (asylum) appointment before he (Trump) takes power," Colombian Yamel Enriquez told AF ...

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FOX Business - LARRY KUDLOW: Donald Trump is going to close the border and deport criminals - 6 hours 39 min ago

CNBC - Senate Democrats seek evidence from FBI sex-trafficking probe of Trump AG pick Matt Gaetz - 11 hours 39 min ago

NDTV - Opinion: Will Trump's DOGE Be A Failed Experiment? - 15 hours 46 min ago

Reuters - US hydrogen strategy unclear as Trump seeks spending cuts - Reuters - 19 hours 18 min ago

Deutsche Welle - Elon Musk risks conflict of interest in Trump administration - 22 hours 17 min ago

COMMENTARY:

SCMP - Trump ‘efficiency’ tsar Elon Musk outlines plans for massive US cost-cutting - 1 hour 30 min ago

BusinessInsider - No one would talk to Sebastian Stan about his Donald Trump movie for 'Actors on Actors': 'They were too afraid' - 2 hours 43 min ago

Indiatimes - Donald Trump announces US envoys to NATO, Canada - 3 hours 20 min ago

The Independent - Inside Trump and Musk’s controversial bromance: ‘They are having a blast’ - 3 hours 57 min ago

The Guardian - Trump likely to choose surgeon and writer Marty Makary as FDA chief - 4 hours 20 min ago

Sydney Morning Herald - Forget Melania, Musk’s all set to be Trump’s ‘first buddy’ - 4 hours 48 min ago

New York Post - Trump’s FCC pick Brendan Carr says ‘60 Minutes’ editing scandal could affect Paramount-Skydance merger review - 13 hours 37 min ago

New York Times - How Donald Trump’s Presidency Could Impact Retirement Rules - 13 hours 59 min ago

Wall Street Journal - In Brazil, Xi Jinping Cultivates a Friend as He Braces for Trump - 18 hours 48 min ago

The Hindu - There may be no durable Trump trade - 19 hours 13 min ago

Russia Today - Trump attends Musk’s Starship rocket launch test (VIDEO) - 19 hours 14 min ago

Jim Cramer looks at Target earnings, says consumers are loyal to value and not brands
CNBC - 5 hours 45 min ago
Jim Cramer also named other companies seeing success despite a tough consumer landscape, including Costco, TJX, Chili's-parent Brinker and Texas Roadhouse.

COMMENTARY:

BusinessInsider - Nvidia earnings live updates: Wall Street watching consumer demand for Blackwell chips - 14 hours 15 min ago

Biden Administration Moves To Forgive $4.7 Billion In US Loans To Ukraine
NDTV - 6 hours 13 min ago
The Biden administration has moved to forgive about $4.7 billion in US loans to Ukraine, State Department spokesperson Matthew Miller said on Wednesday, as outgoing officials seek to do what they can before leaving office to bolster Ukraine in its war against Russia. A funding bill passed by the US Congress in April included just over $9.4 billion of forgivable loans for economic and budgetary support to Ukraine's government, half of which the president could cancel after November 15. The bil ...

COMMENTARY:

Russia Today - Biden wants to forgive Ukraine’s debts - 54 min 35 sec ago

The Independent - Tommy Tuberville tells Steve Bannon 2020 election was stolen in offensive rant about Joe Biden - 1 hour 33 min ago

SCMP - Pollster Nate Silver calls for Biden to resign immediately, make Harris president - 2 hours 9 min ago

The Guardian - Biden urged to use clemency powers to tackle ‘crisis’ of US mass incarceration - 7 hours 57 min ago

The model, British tech and Russia's war machine
BBC - 6 hours 42 min ago
£1.6m of British kit shipped to companies tied to Russian military despite sanctions, customs documents claim.

NDTV - What Is Hybrid Warfare? Russia's Potential Response To Ukrainian Strike - 11 hours 25 min ago

Deutsche Welle - Russia denies cutting Baltic Sea cables as tensions rise - 13 hours 45 min ago

CNBC - U.S. closes embassy in Kyiv over potential 'air attack' as tensions with Russia soar - 21 hours 24 min ago

COMMENTARY:

Indiatimes - Russia, North Korea agree to boost charter flights after trade meeting, TASS and KCNA say - 2 hours 32 min ago

Russia Today - British state media confirms ‘Storm Shadow’ strike deep inside Russia - 4 hours 20 min ago

Sydney Morning Herald - Storm Shadow missiles used on Russia - 4 hours 40 min ago

SCMP - Ukraine fires UK Storm Shadow missiles into Russia for 1st time - 8 hours 28 min ago

The Guardian - How might Russia respond to UK and US letting Ukraine hit it with their missiles? - 10 hours 40 min ago

BusinessInsider - First ATACMS, now Storm Shadows: long-range Western missiles are raining down on Russia for the first time - 11 hours 21 min ago

The Independent - Now Ukraine fires British missiles at Russia for first time as UK ‘doubles down’ on support for Kyiv - 11 hours 26 min ago

Wall Street Journal - Ukraine Fires U.K. Storm Shadow Cruise Missiles Into Russia - 12 hours 11 min ago

Xi Jinping Calls For Peace In Ukraine, Ceasefire In Gaza During Brazil Visit
NDTV - 8 hours 7 min ago
Chinese leader Xi Jinping urged "more voices" to end the Ukraine war and a ceasefire in Gaza, as he conducted a state visit to Brazil's capital, Chinese state media said. Brazilian President Luiz Inacio Lula da Silva echoed those points as he met with Xi in a red-carpet welcome in Brasilia, and stressed a joint roadmap for peace in Ukraine that they are proposing. "In a world plagued by armed conflicts and political strife, China and Brazil put peace, diplomacy and dialogue first," Lula sa ...

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Deutsche Welle - Ukraine updates: US fears 'significant' air attack on Kyiv - 16 hours 25 min ago

Reuters - Exclusive: Putin, ascendant in Ukraine, eyes contours of a Trump peace deal - Reuters - 19 hours 35 min ago

NDTV - Over 10,000 North Korean Troops Battle Against Ukraine - 23 hours 32 min ago

COMMENTARY:

The Independent - The US is sending anti-personnel land mines to Ukraine – here’s what it means - 1 hour 19 min ago

Indiatimes - Zelenskiy says Crimea can only be restored to Ukraine through diplomacy - 2 hours 47 min ago

BusinessInsider - North Korea appears to be sending its powerful howitzers to the Ukraine war, where artillery has been king - 7 hours 23 min ago

Russia Today - Ukraine’s top general approved attack on TurkStream gas pipeline – Der Spiegel - 9 hours 2 min ago

Walmart hits new highs and Target dives after earnings as rivals diverge even more
CNBC - 8 hours 11 min ago
Both discounters are contending with price-conscious shoppers, but Walmart reported improving trends with discretionary merchandise.

COMMENTARY:

BusinessInsider - Best Walmart Black Friday deals: Event info and early sales on Apple, Dyson, LG, and more - 5 hours 59 min ago

Facebook Marketplace ad leads to armed robbery in New Haven - Eyewitness News 3
Reuters - 10 hours 59 min ago
Facebook Marketplace ad leads to armed robbery in New Haven Eyewitness News 3

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Reuters - Facebook Marketplace ad leads to armed robbery in New Haven - Eyewitness News 3 - 10 hours 59 min ago

COMMENTARY:

BusinessInsider - Palmer Luckey says his Facebook firing changed the way he does business - 8 hours 34 min ago

Boeing to lay off 2,200 Washington workers in coming months
FOX Business - 12 hours 45 min ago
Boeing workers across the U.S. are learning about a round of layoffs, with most workers impacted currently working in the state of Washington.

COMMENTARY:

BusinessInsider - Boeing CEO Kelly Ortberg says the company's staff 'spend more time arguing' than strategizing about how to beat Airbus: report - 1 hour 8 min ago

Indiatimes - Boeing CEO says company can't afford another mistake: Report - 2 hours 55 min ago

What is Google without Chrome?
Deutsche Welle - 12 hours 49 min ago
US antitrust officials are reportedly considering a proposal to force Google to sell its Chrome browser after the company was found guilty of illegally monopolizing the search market. How important is Chrome for Google?

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NDTV - Google May Be Forced To Sell Its Chrome Browser. Here's Why - 15 hours 6 min ago

COMMENTARY:

Indiatimes - US regulators seek to break up Google, forcing Chrome sale as part of monopoly punishment - 1 hour 4 min ago

New York Times - U.S. Plans to Propose Breakup of Google to Fix Search Monopoly - 4 hours 33 min ago

BusinessInsider - 4 reasons you could be getting passed up for promotions, according to an ex-Google recruiter - 19 hours 13 min ago

A double whammy of tariffs and strikes is coming for U.S. trade and the global supply chain in early 2025
CNBC - 13 hours 7 min ago
Shippers and logistics companies are gaming out a complex early 2025 as President-elect Donald Trump may hike tariffs, and East and Gulf Coast ports may strike.

COMMENTARY:

The Straits Times - Trump trade tariffs will hurt economies in Asia, but it is not all doom and gloom - 2 hours 27 min ago

SCMP - Harsh Chinese retaliation against new Trump tariffs is unlikely, economist predicts - 8 hours 2 min ago

Indiatimes - From clothes to electronics; here's all the items that are going to cost more after Donald Trump's proposed tariffs - 14 hours 1 min ago

New York Times - Trump’s Treasury Challenge: A Pick Who Loves Tariffs Yet Calms Markets - 16 hours 16 min ago

AllAfrica - South Africa: Government Considers Intervention in Eskom Electricity Tariff Hike Application - 16 hours 19 min ago

BusinessInsider - I'm the CEO of an American-made electronics manufacturer. Here's how I'm preparing for new tariffs. - 20 hours 13 min ago

Goldman Sachs takes page from Trump’s ‘Art of the Deal’ for stock tips in 2025
FOX Business - 13 hours 9 min ago
There are five main points from Donald Trump's "The Art of the Deal" that Goldman Sachs recommends investors to take going into the 2025 market.

The Sidemen: We've hit YouTube limit so are moving to Netflix
BBC - 13 hours 15 min ago
The YouTube stars explain why they're moving reality show Inside to Netflix for its second series.

COMMENTARY:

Indiatimes - Netflix's 'A Good Girl’s Guide to Murder': Check release time, key details - 7 hours 21 min ago

BusinessInsider - An interviewer for Netflix's 'I Am A Killer' has spoken to over 100 prisoners. She shares what it's like speaking to murderers and how her team finds gripping stories. - 17 hours 15 min ago

Ford looking to cut thousands of jobs in Europe
Deutsche Welle - 15 hours 15 min ago
Most of the job cuts will take place in Germany with some 2,900 layoffs expected. The US carmaker has been battling with weak sales in the European market.

RELATED:

BBC - Ford to cut 800 UK jobs as electric car sales stall - 15 hours 47 min ago

COMMENTARY:

New York Times - Ford to Cut 4,000 Jobs in Europe as Electric Vehicle Sales Slow - 13 hours 6 min ago

The Guardian - Ford cuts 4,000 jobs in Europe, including 800 in UK, after slowdown in EV sales - 13 hours 17 min ago

BusinessInsider - Ford cuts 4,000 jobs in Europe amid weak demand for EVs and rising competition - 15 hours 2 min ago

Indiatimes - Ford to cut 4,000 jobs in Europe, cites disruptive shift to electric vehicles, economic headwinds - 15 hours 4 min ago

Four things the latest inflation figures tell us
BBC - 16 hours 14 min ago
The inflation rate has risen, putting pressure on people's finances and casting doubt on interest rate cuts.

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BBC - Higher energy bills push UK inflation to 2.3% - 21 hours 50 min ago

COMMENTARY:

Indiatimes - Unchecked inflation risks hurting economy despite festive boost, RBI warns in latest report - 13 hours 24 min ago

Hong Kong 47 trial: Can pro-democracy movement regroup?
Deutsche Welle - 16 hours 44 min ago
Dozens of leading pro-democracy figures have been handed long jail sentences as Beijing cracks down on civil liberties in Hong Kong. Friends of jailed activists say they're trying to remain positive.

COMMENTARY:

SCMP - Hong Kong charity that helps neurodiverse people achieve their full potential through fitness - 50 min 7 sec ago

Wall Street Journal - He Rose to Riches in Hong Kong. Now He's a Symbol of China's Crackdown. - 16 hours 47 min ago

Sydney Morning Herald - Media tycoon tells court he did not use Trump officials to influence policy on Hong Kong - 21 hours 25 min ago

The Guardian - Hong Kong media mogul Jimmy Lai defiant as he gives evidence in foreign collusion trial - 22 hours 10 min ago

German central bank: Trade protectionism endangers economic growth
CGTN - 17 hours 2 min ago
The leaders of China and Germany convened for a bilateral meeting during the G20 Summit in Rio de Janeiro, Brazil. German Chancellor Olaf Scholz stated that Germany hopes the EU and China can resolve EV issues through dialogue and negotiation as soon as possible, and Germany is willing to make positive efforts in this regard.Deutsche Bundesbank Vice President Sabine Mauderer warned Monday that a fragmentation of the global economy has no winners. Trade protectionism leads to a decline in growth ...

Weekly mortgage demand inched up, despite higher interest rates. Here's why.
CNBC - 17 hours 18 min ago
After flatlining the week before, mortgage demand rose last week, despite mortgage rates rising for the fourth straight week.

COMMENTARY:

BusinessInsider - Savings, CD and Checking Account Interest Rates Today: Earn up to 5% APY - 17 hours 54 min ago

Indiatimes - Delhi versus Mumbai: How the interest rate battle is playing out - 20 hours 21 min ago

The Guardian - UK’s inflation jump dashes hope of interest rate cut in December | Heather Stewart - 20 hours 42 min ago

European Central Bank warns rising trade tensions increased risks to financial stability
CNBC - 17 hours 37 min ago
The Financial Stability Review also said weak growth was now a bigger threat to the 20-nation euro zone than high inflation.

COMMENTARY:

BusinessInsider - Russia's top central banker says the country's economy is at a 'turning point' - 19 hours 6 min ago

AllAfrica - Kenya: Central Bank Rolls Out New Notes for 50, 100, 200 and 500 With New Signatures - 19 hours 55 min ago

Disney debuts its latest cruise ship, Treasure, as part of a plan to double its fleet by 2031
CNBC - 19 hours 18 min ago
The Disney Treasure will make its maiden voyage in December, officially becoming the sixth ship in the company's cruise line.

"India Will Strengthen Global Health Efforts": PM To WHO Chief 'Tulsi Bhai'
NDTV - 22 hours 35 min ago
India will work towards efforts to boost global health, said Prime Minister Narendra Modi on Tuesday while pledging his support to World Health Organisation chief Dr. Tedros Adhanom Ghebreyesus, who he addressed as ‘Tulsi Bhai'. He said this in response to Ghebreyesus' post on X, thanking PM Modi and others for their support and contributions during the first-ever WHO Investment Round held in Brazil. The Prime Minister said that India is actively working in the health sector by integrati ...

Palestinian olive harvest under threat from Israeli attacks and restrictions
BBC - 23 hours 18 min ago
Harvesting olives is an economic necessity for many Palestinians, but it is increasingly precarious.