Business News - The Last 24 Hours

Exclusive: China starts work on easing rare earth export rules but short of Trump hopes, sources say - Reuters
Reuters - 51 min 33 sec ago
Exclusive: China starts work on easing rare earth export rules but short of Trump hopes, sources say Reuters

FOX Business - Trump announces $35B Uzbekistan investment deal after meeting with Central Asian leaders - 3 hours 28 min ago

Deutsche Welle - Trump pushes for closer mineral ties with Central Asia - 3 hours 33 min ago

Bloomberg - How the US Under Trump Fits Into China-Taiwan Tensions - Bloomberg.com - 6 hours 9 min ago

Reuters - Kazakhstan to join Abraham Accords, Trump says - Reuters - 8 hours 17 min ago

BBC - Judge orders Trump administration to fully fund Snap food benefits - 10 hours 29 min ago

CNBC - Judge orders Trump administration to pay full SNAP benefits for November by Friday - 11 hours 29 min ago

COMMENTARY:

SCMP - Trump ending Cambodia weapons ban slammed as ‘beyond reckless’ - 1 hour 39 min ago

Indiatimes - Trump touted as ‘World President’ by Uzbekistan’s Shavkat Mirziyoyev - 2 hours 28 min ago

The Independent - MTG skewers Trump on rising food prices as president says he doesn’t ‘wanna hear about the affordability’ - 4 hours 9 min ago

Sydney Morning Herald - Nancy Pelosi rips up Donald Trump's State of the Union speech - 8 hours 43 min ago

The Guardian - Senate blocks Democrats’ bid to check Trump power over Venezuela strikes - 8 hours 47 min ago

New York Post - Trump touts affordability while inflation rages across America on everything from food to furniture to cars - 9 hours 12 min ago

BusinessInsider - Federal judge once again orders Trump to pay out November SNAP benefits - 10 hours 43 min ago

Russia Today - Pharma rep collapses as Trump announces drug price cuts (VIDEO) - 10 hours 54 min ago

New York Times - What Trump’s New Drug Pricing Deal Means for People With Obesit - 11 hours 3 min ago

Tesla To xAI, Elon Musk's Tech Empire That Makes Him A Trillion-Dollar CEO
NDTV - 1 hour 45 min ago
Elon Musk has secured a $1 trillion pay deal from Tesla, in what is the largest corporate pay package in history.

FOX Business - McDonald’s CEO warns rising beef prices remain a challenge as inflation stays ‘sticky’ - 7 hours 43 min ago

COMMENTARY:

SCMP - Nvidia CEO says no ‘active discussions’ on selling Blackwell chips to China - 47 min 33 sec ago

Indiatimes - Nvidia's $5 trillion CEO Jensen Huang once wanted to quit college, says 'If I had known it was going to take so long...' - 4 hours 13 min ago

New York Post - News Corp reports higher revenue as CEO shares pointed message to AI firms - 8 hours 6 min ago

The Straits Times - Sacked CEO fires back at Fu Yu demanding $2 million over salary and alleged defamation - 9 hours 42 min ago

The Guardian - Tesla shareholders to vote on $1tn pay package for CEO Elon Musk - 11 hours 57 min ago

The Hindu - Physicswallah is different from “early players”: CEO - 16 hours 34 min ago

BusinessInsider - Figma CEO says Charli XCX's 'Brat' album cover is an example of why AI won't replace humans anytime soon - 22 hours 26 min ago

Hotter Than Spa Bath: Amazon Lake Hit 41 Degrees Celsius In 2023, Killing Several Dolphins
NDTV - 2 hours 29 min ago
A brutal drought and extreme heat wave that began in September 2023 had transformed the lake into a steaming cauldron, its waters reaching 41 degrees Celsius -- hotter than most spa baths.

COMMENTARY:

BusinessInsider - Startups find Amazon's AI chips 'less competitive' than Nvidia GPUs, internal document shows - 13 hours 43 min ago

The Hindu - Amazon Web Services Marketplace expanded in India - 23 hours 50 min ago

Indian Student In Russia Steps Out To 'Buy Milk', Goes Missing, Body Found
NDTV - 4 hours 59 min ago
The body of a 22-year-old Indian student, who went missing in Russia's Ufa city 19 days ago, was recovered from a dam on Thursday.

BBC - Viktor Orban's dilemma - Russian oil or Trump's favour - 7 hours 18 min ago

COMMENTARY:

BusinessInsider - NATO's chief says the West is finally 'turning the tide' on Russia's ammo advantage - 3 hours 55 min ago

Indiatimes - ‘Modi invited me, I may visit next year’, says Trump, praising India for halting Russian oil imports - 5 hours 16 min ago

Russia Today - NATO now outproducing Russia in ammo – Rutte - 11 hours 58 min ago

The Independent - Europe’s new weapons system to fight the rising threat of Russian drones - 19 hours 24 min ago

SCMP - ‘Drone wall’: how Nato is plugging the Russian airspace gap - 21 hours 36 min ago

Elon Musk says Tesla needs to build 'gigantic chip fab' to meet AI and robotics needs
CNBC - 5 hours 14 min ago
Tesla CEO Elon Musk he needs a "gigantic" semiconductor fabrication plant to meet the company's chip needs as it expands its AI and robotics ventures.

BBC - Elon Musk's $1tn pay deal approved by Tesla shareholders - 10 hours 2 min ago

CNBC - Tesla says shareholders approve Musk's $1 trillion pay plan with over 75% voting in favor - 10 hours 12 min ago

Deutsche Welle - Tesla shareholders approve $1 trillion pay package for Musk - 10 hours 33 min ago

FOX Business - Tesla shareholders to decide fate of Musk's $1T pay package - 19 hours 56 min ago

COMMENTARY:

Indiatimes - Tesla stock crashes as Elon Musk inches closer to $1 trillion goal with pay plan approval; check Tesla's share price and Musk’s big goals over the next decade - 5 hours 28 min ago

BusinessInsider - Tesla will 'examine' an investment in Elon Musk's xAI - 9 hours 39 min ago

SCMP - Tesla shareholders approve US$1 trillion pay package for Elon Musk - 10 hours 31 min ago

New York Post - Tesla shareholders approve Elon Musk’s historic $1 trillion pay package — here’s when he could pocket the windfall - 10 hours 47 min ago

The Independent - Musk could become history's first trillionaire as Tesla shareholders approve giant pay package - 10 hours 49 min ago

New York Times - Tesla Investors Back Musk’s Trillion Dollar Payday - 11 hours 45 sec ago

UN Security Council lifts sanctions on Syria's president
Deutsche Welle - 5 hours 35 min ago
The lifting of sanctions comes as Syrian President Ahmed al-Sharaa prepares to travel to Washington to hold talks with his US counterpart, Donald Trump, at the White House.

RELATED:

Deutsche Welle - UN Security Council lifts sanctions on Syrian president - 5 hours 35 min ago

NDTV - UN Removes Sanctions On Syria's President Ahead Of Meeting With Trump - 11 hours 55 min ago

COMMENTARY:

The Independent - UN Security Council lifts sanctions on Syrian president ahead of Trump meet - 1 hour 19 min ago

SCMP - North Korea slams US for ‘wicked’ hostility over sanctions linked to cybercrime - 7 hours 27 min ago

Russia Today - UN Security Council lifts sanctions on Syria’s president - 11 hours 33 min ago

Google Plans AI Data Centre On Australia's Remote Indian Ocean Outpost
NDTV - 5 hours 36 min ago
Google plans to build a large artificial intelligence data centre on Australia's remote Indian Ocean outpost of Christmas Island after signing a cloud deal with the Department of Defence earlier this year

COMMENTARY:

The Hindu - Google planning powerful AI data centre on Christmas Island - 4 hours 4 min ago

SCMP - Apple nears US$1 billion-a-year deal to use Google’s Gemini AI model for Siri - 23 hours 29 min ago

Over 750 Flights Cancelled As US Sees Travel Chaos Due To Government Shutdown
NDTV - 5 hours 39 min ago
Travellers across the United States were left scrambling to rebook flights as the government shutdown heaps pressure on the country's air traffic control system, prompting hundreds of Friday flight cancellations at major American airports.

RELATED:

Deutsche Welle - Flight cuts across US amid longest gov't shutdown in history - 6 hours 41 min ago

CNBC - Ongoing government shutdown and AI fears are putting the market under pressure, Jim Cramer says - 9 hours 12 min ago

FOX Business - America’s top 10 busiest airports face flight cuts as the government shutdown drags on - 10 hours 40 min ago

Reuters - Exclusive: US orders 10% flights cut at major US airports due to shutdown - Reuters - 18 hours 44 min ago

COMMENTARY:

Sydney Morning Herald - US government employee sells hotdogs amidst shutdown - 1 hour 9 min ago

The Independent - Senator teases a possible deal to end the shutdown – but will it pass? - 3 hours 55 min ago

Indiatimes - ‘Absurd ruling…’: JD Vance blasts court, says Democrats must end shutdown or Americans suffer - 4 hours 26 min ago

BusinessInsider - Here are the 20 airports with the most canceled flights on Friday, when government shutdown reductions begin - 5 hours 42 min ago

New York Times - What Travelers Need to Know About the Shutdown, Flight Reductions and Delays - 11 hours 34 min ago

The Guardian - List of US airports cutting flights on Friday due to federal government shutdown - 12 hours 26 min ago

SCMP - US government shutdown muddies China trade as agricultural officials miss expo - 19 hours 56 min ago

Hundreds of protesters at Aston Villa v Maccabi Tel Aviv match
BBC - 6 hours 45 min ago
At least 11 people are arrested as demonstrations take place outside Villa Park.

RELATED:

BBC - Hundreds of protesters at Maccabi-Villa game - 13 hours 22 min ago

COMMENTARY:

The Guardian - Judge to order federal agents in Chicago to restrict force against protesters and media - 14 hours 31 min ago

BusinessInsider - Inside Shein's Paris store opening: Huge lines, protests — and prices that surprised shoppers - 21 hours 7 min ago

The Papers: 'Income tax will go up' and 'Chill Bill'
BBC - 7 hours 11 min ago
Chancellor informs budget watchdog of planned tax rises and the return of a grinning prisoner leads the papers

RELATED:

BBC - Labour should stick to manifesto pledge on tax, deputy leader says - 16 hours 5 min ago

CNBC - Double-digit mutual fund payouts are coming — how to avoid the tax hit - 18 hours 9 min ago

COMMENTARY:

The Guardian - Lucy Powell says Labour must stand by promise not to raise key taxes - 14 hours 13 min ago

The Straits Times - S’pore needs to keep up with global tax changes to stay competitive in tough times: SMS Jeffrey Siow - 22 hours 52 min ago

Asia-Pacific markets open lower, tracking Wall Street losses, as AI stocks resume slump
CNBC - 8 hours 15 min ago
Investors in Asia will look to trade data coming out of China later in the day.

COMMENTARY:

Indiatimes - S&P 500, Dow and NASDAQ futures see positive movement after tech selloff leaves key Wall Street indices in negative; check details - 3 hours 54 min ago

The Straits Times - Wall Street ends lower on tech valuations, economic jitters - 10 hours 29 min ago

Ukraine Says Talks With US On Tomahawk Missiles "Positive"
NDTV - 9 hours 35 sec ago
Ukraine is engaged in "positive" talks about buying Tomahawk missiles and other long-range weaponry with the United States, Ukraine's ambassador to the US, Olha Stefanishyna, told Bloomberg News on Thursday.

RELATED:

Deutsche Welle - Ukraine: Russia says advances made in key city of Pokrovsk - 22 hours 7 min ago

COMMENTARY:

The Independent - Ukraine claims to have hit major Russian oil refinery with drones - 1 hour 42 min ago

The Guardian - Orbán to visit White House to try to broker Trump-Putin summit for peace in Ukraine - 3 hours 51 min ago

Russia Today - Trump sees ‘progress’ in resolving Ukraine conflict - 6 hours 11 min ago

SCMP - Ukraine jails Russian soldier for life for killing POW in first such ruling - 15 hours 12 min ago

BusinessInsider - Ukraine and Russia are surging drones with longer reach to hunt targets beyond a widening 'kill zone' - 15 hours 39 min ago

China's key weapons in its AI battle with the U.S. — massive Huawei chip clusters and cheap energy
CNBC - 9 hours 31 min ago
China's strategy for competing with the U.S. on AI revolves around huge clusters of Huawei chips and cheap energy.

Fed's Hammack leans against more rate cuts because of high inflation - Reuters
Reuters - 11 hours 30 min ago
Fed's Hammack leans against more rate cuts because of high inflation Reuters

Trump praises Walmart for slashing Thanksgiving meal prices
FOX Business - 11 hours 56 min ago
President Trump praised Walmart's cheaper Thanksgiving deals as grocery giants offer holiday meal bundles under $40 for families of 10.

McDonald's U.S. boss puts focus on 'value and affordability' as consumer spending splits
CNBC - 11 hours 56 min ago
McDonald's U.S. President Joe Erlinger told operators the brand was "moving in the right direction" as it continues a more-than-yearlong push on value.

FOX Business - Top 5 most expensive drugs for consumers - 20 hours 56 min ago

COMMENTARY:

New York Times - Holiday Consumer Spending Could Exceed $1 Trillion, Retailers Project - 13 hours 32 min ago

SCMP - Luxury and lifestyle giants signal confidence in China’s consumer recovery - 21 hours 27 min ago

Number of Billion Dollar US IPOs Falls Far Behind Private Rounds - Bloomberg.com
Bloomberg - 12 hours 26 min ago
Number of Billion Dollar US IPOs Falls Far Behind Private Rounds Bloomberg.com

COMMENTARY:

AllAfrica - Africa: Optasia Raises $345m in South Africa's Largest Fintech IPO - 20 hours 52 min ago

The Hindu - SEBI expands IPO anchor book size to 40% to broaden institutional investors participation - 22 hours 12 sec ago

Retailers' holiday hiring to hit lowest level since the Great Recession, says major industry trade group
CNBC - 13 hours 8 min ago
The major industry group's prediction offers the latest glimpse into the jobs market as the record government shutdown stretches on.

COMMENTARY:

Indiatimes - Housing chill: US home value growth hits near-zero, echoes pre-recession years - 13 hours 29 min ago

Talks With PM Modi Going Well, Will Visit India: Trump Amid Trade Logjam
NDTV - 13 hours 28 min ago
US President Donald Trump said on Thursday his talks with Prime Minister Narendra Modi were going well and that he would be visiting New Delhi, as negotiations over trade continued.

RELATED:

NDTV - Ethiopia To Adopt India's Flagship Initiative For Poverty Alleviation - 16 hours 51 min ago

CNBC - CNBC's Inside India newsletter: India’s ‘back offices’ are evolving into leadership hubs for global companies - 20 hours 22 min ago

Reuters - India plans to retain cap on voting rights for large shareholders in banks, sources say - Reuters - 22 hours 41 min ago

Deutsche Welle - India repatriating nationals who fled Myanmar scam center - 23 hours 38 min ago

COMMENTARY:

Indiatimes - Indian envoy Vinay Mohan Kwatra discusses 'common interests', bilateral ties with top US diplomat - 1 hour 30 min ago

The Hindu - India needs a lot of big, world-class banks, talks on with RBI, lenders: FM - 17 hours 18 min ago

Meta reportedly projected 10% of 2024 sales came from scam, fraud ads
CNBC - 14 hours 10 min ago
Meta projected that about $16 billion in 2024 revenue came from running ads for scams and banned goods, according to a Thursday report from Reuters.

COMMENTARY:

SCMP - 15 in court over Hong Kong’s record HK$1.6 billion cryptocurrency fraud - 18 hours 28 min ago

US shutdown sends airlines scrambling as travel chaos looms - Reuters
Reuters - 14 hours 12 min ago
US shutdown sends airlines scrambling as travel chaos looms Reuters

RELATED:

FOX Business - United Airlines to offer refunds because of shutdown-caused flight restrictions - 19 hours 46 min ago

COMMENTARY:

Indiatimes - US flight cancellations accelerate as airlines comply with government shutdown order - 7 hours 19 min ago

New York Times - Airlines Rush to Prepare for Federal Reductions in Flights - 10 hours 58 min ago

BusinessInsider - Airlines cut back flights at 40 US airports amid the shutdown. Here's what to do if your flight is delayed or canceled. - 11 hours 29 min ago

Layoffs in October hit highest level for month in 22 years as companies cite cost-cutting, AI
FOX Business - 14 hours 41 min ago
U.S. employers announced 153,074 job cuts in October 2025, marking a 175% increase from the previous year and the highest total for the month of October since 2003.

COMMENTARY:

New York Post - AI wreaks havoc on US jobs with two-decade high 150K cut in October – bringing 2025 total to 1M: report - 12 hours 16 min ago

BusinessInsider - Indeed lays off a 'very small' number of employees months after summer job cuts - 16 hours 57 min ago

Indiatimes - Layoffs Surge 175% in October — 153,000 Jobs Cut, Worst Since 2003 as AI and Cost-Cutting Bite Hard - 17 hours 50 min ago

US trade official warns up to $200B hangs in the balance as SCOTUS weighs Trump tariff case
FOX Business - 15 hours 13 min ago
Supreme Court weighs Trump tariffs as up to $200 billion hangs in balance. Trade representative warns of massive economic shake-up if import duties are overturned.

COMMENTARY:

Indiatimes - US weekly jobless claims increase moderately, Haver Analytics estimates - 8 hours 8 min ago

The Guardian - US stock market values tumble amid reports of high layoffs and hiring freezes - 14 hours 22 min ago

SCMP - US-China trade truce raises hopes of an EU-China reset - 20 hours 27 min ago

Microsoft forms superintelligence team under AI chief Suleyman 'to serve humanity'
CNBC - 15 hours 24 min ago
The MAI Superintelligence Team will pursue research for improving artificial intelligence companions, diagnosing diseases and generating renewable energy.

COMMENTARY:

BusinessInsider - Microsoft forms superintelligence team to rival Meta's, stresses 'humanist' focus - 13 hours 34 min ago

Indiatimes - Microsoft apologizes to 2.7 million customers, offers refunds over misleading Microsoft 365 subscription pricing: Check how to claim - 23 hours 38 min ago

Warning Signs of Euphoria Keep Piling Up in the Stock Market - Bloomberg.com
Bloomberg - 16 hours 13 min ago
Warning Signs of Euphoria Keep Piling Up in the Stock Market Bloomberg.com

COMMENTARY:

Indiatimes - US stock market crash: Why is stock market falling sharply today — Dow, S&P 500, and Nasdaq sink as AI overhype shows its true colors - 15 hours 14 min ago

BusinessInsider - Legendary investor Ray Dalio says the stock market is headed for one last hurrah before the bubble bursts - 16 hours 29 min ago

US Judge Drops Criminal Charges Against Boeing Over 737 MAX 8 Aircraft Crashes
NDTV - 16 hours 37 min ago
A US judge dropped criminal charges against Boeing on Thursday over deadly crashes of its 737 MAX 8 aircraft as part of an agreement between the company and prosecutors.

Reuters - Boeing settles with families of three 737 MAX crash victims - Reuters - 22 hours 10 min ago

COMMENTARY:

Indiatimes - Boeing won't face criminal charge over 737 Max crashes that killed hundreds of people - 5 hours 39 min ago

Russia Today - Boeing dodges criminal charge over 737 MAX crashes that killed 346 - 8 hours 55 min ago

The Independent - Judge dismisses criminal conspiracy charge against Boeing over 737 Max plane crashes - 14 hours 54 min ago

Can coastal West Africa push back Sahel terrorists?
Deutsche Welle - 16 hours 39 min ago
A surge in terror attacks along Africa's west coast has prompted some countries to beef up their border security. Analysts say they need to coordinate more with the landlocked Sahel states where the terrorists are based.

Will Bank of England governor play Santa or Scrooge on interest rates?
BBC - 17 hours 40 min ago
The interest rate decision was made by the narrowest of margins, meaning all eyes are now on the Bank's December meeting.

COMMENTARY:

The Guardian - Bank of England’s decision to keep interest rates at 4% is not all doom and gloom - 19 hours 34 min ago

How Fresh US Tariff Doubts Will Play Out Among Trading Partners - Bloomberg.com
Bloomberg - 19 hours 18 min ago
How Fresh US Tariff Doubts Will Play Out Among Trading Partners Bloomberg.com

COMMENTARY:

Indiatimes - US Comm Secy Howard Lutnick cites India while defending Trump's tariff powers amid SC case - 3 hours 48 min ago

New York Times - Trump’s Tariffs Leave Swiss Farmers With Too Much Milk - 3 hours 56 min ago

The Straits Times - Shein eyes bumper $2.6 billion profit in 2025 despite US tariffs - 8 hours 48 min ago

New York Post - Temu offers ‘aggressive’ payouts to lure US retailers as Chinese company grapples with tariffs - 9 hours 42 min ago

BusinessInsider - I'm a CEO pivoting my business abroad because of tariffs. I'm treating the US like hot lava. - 22 hours 2 min ago

Disney's ESPN, Penn Entertainment to wind down sports betting partnership, ESPN Bet
CNBC - 19 hours 44 min ago
ESPN and Penn Entertainment are winding down their sports betting partnership two years after reaching a 10-year agreement.

COMMENTARY:

BusinessInsider - How long could the Disney blackout on YouTube TV last? Here's what history says. - 14 hours 26 min ago