Business News - The Last 24 Hours

Billionaire Gautam Adani charged in New York with massive fraud, bribery
CNBC - 1 hour 14 min ago
Gautam Adani and others are charged in the New York indictment with paying Indian government officials $250 million to secure solar energy supply contracts.

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CNBC - FTX co-founder Gary Wang avoids prison time for role in crypto fraud - 6 hours 50 min ago

COMMENTARY:

SCMP - Archegos founder Bill Hwang gets 18 years in prison for massive fraud - 52 min 46 sec ago

New York Post - Archegos founder Bill Hwang sentenced to 18 years for massive fraud that stunned Wall Street - 2 hours 12 min ago

AllAfrica - Nigeria: CBN Warns Against Fraudulent SWIFT Fund Transfer Claims - 15 hours 26 min ago

Indiatimes - "Ready to answer Sudhanshu Trivedi's 5 questions": Supriya Sule on alleged cryptocurrency fraud case - 18 hours 4 min ago

American Airlines to shame boarding line cutters with new technology
CNBC - 1 hour 25 min ago
American Airlines plans to roll out the new technology to 100 airports across the country.

COMMENTARY:

BusinessInsider - How Alaska Airlines used AI to save over 1.2 million gallons of jet fuel - 5 hours 10 min ago

The Hindu - Spirit Airlines' struggle to navigate post-pandemic trends lands it in bankruptcy - 12 hours 40 min ago

Xi Jinping Calls For Peace In Ukraine, Ceasefire In Gaza During Brazil Visit
NDTV - 1 hour 30 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 - 9 hours 48 min ago

Reuters - Exclusive: Putin, ascendant in Ukraine, eyes contours of a Trump peace deal - Reuters - 12 hours 58 min ago

NDTV - Over 10,000 North Korean Troops Battle Against Ukraine - 16 hours 54 min ago

COMMENTARY:

Russia Today - Ukraine’s top general approved attack on TurkStream gas pipeline – Der Spiegel - 2 hours 25 min ago

Indiatimes - US, Italy, Spain, and Greece 'temporarily' close embassies in Ukraine amid fear over 'air attack' - 6 hours 27 min ago

BusinessInsider - US admiral says sending Israel and Ukraine weapons like Patriot missiles is eating into what's needed for countering China - 16 hours 3 min ago

Wall Street Journal - North Korea Sent a Mystery Man to Lead Its Troops Fighting Ukraine - 18 hours 41 min ago

Walmart hits new highs and Target dives after earnings as rivals diverge even more
CNBC - 1 hour 33 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 - 23 hours 59 min ago

Trump unveils limited edition 'American Eagle' acoustic and electric guitars
FOX Business - 1 hour 45 min ago
President-elect Trump unveiled a series of "Make America Great Again" guitars sold on his website that feature a bald eagle and an American flag.

FOX Business - Trump Treasury contender Warsh no fan of DEI policies - 5 hours 11 min ago

NDTV - Opinion: Will Trump's DOGE Be A Failed Experiment? - 9 hours 9 min ago

Reuters - US hydrogen strategy unclear as Trump seeks spending cuts - Reuters - 12 hours 41 min ago

Deutsche Welle - Elon Musk risks conflict of interest in Trump administration - 15 hours 40 min ago

BBC - Trump picks WWE co-founder McMahon for education secretary - 19 hours 47 sec ago

COMMENTARY:

The Independent - Texas official offers 1,400-acre ranch to Trump to build his deportation camps - 1 hour 10 min ago

BusinessInsider - These under-the-radar stocks have surged since Donald Trump's election win - 1 hour 47 min ago

The Guardian - Vance pleads with US senators to back Matt Gaetz as Trump’s attorney general - 2 hours 18 min ago

Indiatimes - Trump to be sworn in as 47th U.S President on January 20: Here are A-list celebrities who are planning to leave America - 2 hours 58 min ago

SCMP - Trump is casting TV personalities in key government roles: ‘nuclear armed reality show’ - 3 hours 36 min ago

Sydney Morning Herald - In the Middle East, Trump can’t have his cake and eat it too - 4 hours 41 min ago

New York Post - Trump’s FCC pick Brendan Carr says ‘60 Minutes’ editing scandal could affect Paramount-Skydance merger review - 7 hours 22 sec ago

New York Times - How Donald Trump’s Presidency Could Impact Retirement Rules - 7 hours 22 min ago

Wall Street Journal - In Brazil, Xi Jinping Cultivates a Friend as He Braces for Trump - 12 hours 11 min ago

The Hindu - There may be no durable Trump trade - 12 hours 36 min ago

Russia Today - Trump attends Musk’s Starship rocket launch test (VIDEO) - 12 hours 37 min ago

The Straits Times - Asia crypto hotspots reap gains from record Trump trade rally - 22 hours 43 min ago

Russia and US battle for advantage in Ukraine war ahead of Trump's return
BBC - 1 hour 59 min ago
Moscow appears to be maximising its gains while Joe Biden abandons long-held red lines at the end of his presidency.

NDTV - What Is Hybrid Warfare? Russia's Potential Response To Ukrainian Strike - 4 hours 48 min ago

Deutsche Welle - Russia denies cutting Baltic Sea cables as tensions rise - 7 hours 8 min ago

CNBC - U.S. closes embassy in Kyiv over potential 'air attack' as tensions with Russia soar - 14 hours 47 min ago

COMMENTARY:

Indiatimes - Russia threatens US nuclear war by Christmas? Here's what we know of threats and possible responses - 1 hour 35 min ago

SCMP - Ukraine fires UK Storm Shadow missiles into Russia for 1st time - 1 hour 51 min ago

Sydney Morning Herald - US to provide anti-personnel landmines to Ukraine as it battles Russia - 3 hours 42 min ago

The Guardian - How might Russia respond to UK and US letting Ukraine hit it with their missiles? - 4 hours 3 min ago

BusinessInsider - First ATACMS, now Storm Shadows: long-range Western missiles are raining down on Russia for the first time - 4 hours 44 min ago

The Independent - Now Ukraine fires British missiles at Russia for first time as UK ‘doubles down’ on support for Kyiv - 4 hours 49 min ago

Wall Street Journal - Ukraine Fires U.K. Storm Shadow Cruise Missiles Into Russia - 5 hours 34 min ago

Russia Today - German army warning companies of war with Russia – media - 15 hours 9 min ago

India Slams Canadian Report On Nijjar Murder Plot, Calls It "Smear Campaign"
NDTV - 3 hours 11 min ago
India on Wednesday strongly trashed as "smear campaign" a Canadian media report that claimed that the Indian prime minister was aware of the alleged plot to kill Sikh separatist Hardeep Singh Nijjar. Referring to the report quoting an unnamed official, External Affairs Ministry spokesperson Randhir Jaiswal said such "ludicrous statements" should be dismissed with the contempt they deserve. "We do not normally comment on media reports. However, such ludicrous statements made to a newspaper ...

Deutsche Welle - India's richest state votes in regional election - 16 hours 44 min ago

COMMENTARY:

SCMP - Improved India-China relations could temper effects of Trump 2.0 - 1 hour 10 min ago

Indiatimes - Deepika stars with solitary goal, India retain women's ACT hockey title with win over China - 3 hours 58 min ago

The Hindu - Skills shortage hobbles India's clean energy aspirations - 12 hours 52 min ago

Google Told Employees To Destroy Messages To Avoid Antitrust Suits: Report
NDTV - 3 hours 56 min ago
Even as Google, the internet giant, stored the world's information, it kept a lid on its internal communications - telling employees to destroy messages and not use certain words - to avoid antitrust suits, claimed a report. The company has been deploying such strategies since 2008, when it faced antitrust scrutiny over an advertising deal with its then-rival Yahoo and sent out a confidential memo to its employees, a New York Times report said. "Google said employees should refrain from sp ...

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Deutsche Welle - What is Google without Chrome? - 6 hours 12 min ago

NDTV - Google May Be Forced To Sell Its Chrome Browser. Here's Why - 8 hours 29 min ago

COMMENTARY:

BusinessInsider - 4 reasons you could be getting passed up for promotions, according to an ex-Google recruiter - 12 hours 36 min ago

New York Times - How Google Spent 15 Years Concealing Its Internal Conversations - 12 hours 40 min ago

Facebook Marketplace ad leads to armed robbery in New Haven - Eyewitness News 3
Reuters - 4 hours 22 min ago
Facebook Marketplace ad leads to armed robbery in New Haven Eyewitness News 3

COMMENTARY:

BusinessInsider - Palmer Luckey says his Facebook firing changed the way he does business - 1 hour 57 min ago

Could Trump reinstate the student debt that Biden forgave? Here's what experts say
CNBC - 4 hours 51 min ago
Millions of student loan borrowers have had their debt forgiven under the Biden administration. Could President-elect Donald Trump claw back that relief?

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BBC - Biden agrees to give Ukraine anti-personnel mines - 17 hours 53 min ago

COMMENTARY:

The Independent - Popular pollster Nate Silver calls for Biden to step down and questions his competence to finish the term - 47 min ago

The Guardian - Biden urged to use clemency powers to tackle ‘crisis’ of US mass incarceration - 1 hour 20 min ago

Russia Today - Biden to send controversial weapons to Ukraine – media - 13 hours 57 min ago

Indiatimes - Biden approves anti-personnel mines for Ukraine, US official says - 18 hours 10 min ago

Boeing to lay off 2,200 Washington workers in coming months
FOX Business - 6 hours 8 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.

A double whammy of tariffs and strikes is coming for U.S. trade and the global supply chain in early 2025
CNBC - 6 hours 30 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:

SCMP - Harsh Chinese retaliation against new Trump tariffs is unlikely, economist predicts - 1 hour 25 min ago

Indiatimes - From clothes to electronics; here's all the items that are going to cost more after Donald Trump's proposed tariffs - 7 hours 23 min ago

New York Times - Trump’s Treasury Challenge: A Pick Who Loves Tariffs Yet Calms Markets - 9 hours 39 min ago

AllAfrica - South Africa: Government Considers Intervention in Eskom Electricity Tariff Hike Application - 9 hours 42 min ago

BusinessInsider - I'm the CEO of an American-made electronics manufacturer. Here's how I'm preparing for new tariffs. - 13 hours 36 min ago

The Hindu - Is imposing tariffs on Chinese imports a good idea? | Explained - 19 hours 41 min ago

The Straits Times - Walmart, other US companies warn Trump tariffs could mean higher prices - 22 hours 9 min ago

The Guardian - Trump tariffs are coming, but some Chinese companies may already know how to avoid them - 22 hours 35 min ago

Goldman Sachs takes page from Trump’s ‘Art of the Deal’ for stock tips in 2025
FOX Business - 6 hours 32 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 - 6 hours 38 min ago
The YouTube stars explain why they're moving reality show Inside to Netflix for its second series.

COMMENTARY:

Indiatimes - Zero Day: Robert De Niro Netflix thriller’s premiere date, plot, production team and cast - 5 hours 13 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. - 10 hours 38 min ago

Acurx Pharmaceuticals to add up to $1 million in bitcoin for treasury reserve, following MicroStrategy's playbook
CNBC - 6 hours 48 min ago
The board of Acurx Pharmaceuticals has approved the purchase of up to $1 million in bitcoin to hold as a treasury reserve asset.

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NDTV - Bitcoin Rises Record-High, Breaches $94,000 For The First Time - 20 hours 34 min ago

COMMENTARY:

SCMP - Shanghai court says crypto ownership legal under China law amid bitcoin price surge - 8 hours 11 min ago

Indiatimes - Maharashtra Bitcoin row: Here is everything you need to know of 'scam' allegation against Supriya Sule, Nana Patole - 10 hours 37 min ago

Act now for $7,500 EV tax credit: There's 'real risk' Trump will axe funding in 2025, lawyer says
CNBC - 8 hours 35 min ago
Trump and Republicans on Capitol Hill will likely slash Biden-era tax breaks for electric vehicles in 2025 to raise money for a tax cut package.

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FOX Business - DOGE could create a mobile app for tax filing: report - 23 hours 55 min ago

COMMENTARY:

BusinessInsider - A FIRE blogger decided to test the benefits of the popular triple-tax advantaged HSA. He explains why it wasn't worth the hassle and wants to switch health insurance plans in 2025. - 3 hours 34 min ago

AllAfrica - South Africa: As Inflationary Crisis Passes, DA Calls for Tax Relief for Poor South Africans - 9 hours 42 min ago

New York Post - DOGE could create a mobile app for tax filing: report - 11 hours 50 min ago

The Guardian - Tories attack BBC for questioning farming lobby’s inheritance tax claims – UK politics live - 12 hours 57 min ago

Indiatimes - SC grants telecom firms right to claim tax credits on infrastructure duties - 17 hours 11 min ago

Ford looking to cut thousands of jobs in Europe
Deutsche Welle - 8 hours 38 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.

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BBC - Ford to cut 800 UK jobs as electric car sales stall - 9 hours 10 min ago

COMMENTARY:

New York Times - Ford to Cut 4,000 Jobs in Europe as Electric Vehicle Sales Slow - 6 hours 29 min ago

The Guardian - Ford cuts 4,000 jobs in Europe, including 800 in UK, after slowdown in EV sales - 6 hours 40 min ago

BusinessInsider - Ford cuts 4,000 jobs in Europe amid weak demand for EVs and rising competition - 8 hours 24 min ago

Indiatimes - Ford to cut 4,000 jobs in Europe, cites disruptive shift to electric vehicles, economic headwinds - 8 hours 27 min ago

Vladimir Putin's Chilling New Nuclear Doctrine - What It Says
NDTV - 8 hours 52 min ago
Titled "Basic Principles of State Policy on Nuclear Deterrence", Vladimir Putin approved changes to the nuclear doctrine on Tuesday, chilling rules by which the country would now use its atomic arsenal. The big change in the doctrine now says that an attack from a non-nuclear state backed by a nuclear state will be viewed by Russia as a joint attack on it. Although the new changes were proposed in September, the document was approved only on Tuesday - which was coincidentally the 1,000th ...

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NDTV - Lion, 2 Bears, 40 Ducks: Putin Gifts Dozens Of Animals To North Korea - 10 hours 40 min ago

Reuters - Putin open for Ukraine ceasefire talks with Trump: Reuters - Al Mayadeen English - 12 hours 9 min ago

Deutsche Welle - Fact check: Is Putin threatening to use nuclear weapons? - 12 hours 42 min ago

COMMENTARY:

The Independent - Putin gifts a lion, bears and dozens of other animals to North Korea zoo - 9 hours 1 min ago

Indiatimes - After Putin's nuclear move, Russian spy chief sends 'punish' warning to NATO countries - 9 hours 51 min ago

Four things the latest inflation figures tell us
BBC - 9 hours 37 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% - 15 hours 13 min ago

COMMENTARY:

Indiatimes - Unchecked inflation risks hurting economy despite festive boost, RBI warns in latest report - 6 hours 47 min ago

Hong Kong 47 trial: Can pro-democracy movement regroup?
Deutsche Welle - 10 hours 7 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.

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Deutsche Welle - Hong Kong: China-critic Jimmy Lai testifies at trial - 18 hours 4 min ago

BBC - Hong Kong mogul Jimmy Lai testifies in controversial trial - 18 hours 54 min ago

COMMENTARY:

SCMP - Hong Kong’s Jimmy Lai admits donating money to overseas groups but denies having agenda - 6 hours 26 min ago

Sydney Morning Herald - Media tycoon tells court he did not use Trump officials to influence policy on Hong Kong - 14 hours 48 min ago

Wall Street Journal - He Rose to Riches in Hong Kong. Now He's a Symbol of China's Crackdown. - 20 hours 41 min ago

The Guardian - Hong Kong media mogul Jimmy Lai to take witness stand in collusion trial - 23 hours 48 min ago

German central bank: Trade protectionism endangers economic growth
CGTN - 10 hours 25 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 ...

Delta CEO says Trump administration's approach to regulation could be 'breath of fresh air'
CNBC - 10 hours 36 min ago
Delta CEO Ed Bastian said the Trump administration could address governmental "overreach" in regulation.

RELATED:

BBC - Trump picks former WWE CEO and TV's Dr Oz for top roles - 11 hours 32 min ago

CNBC - U.S. 'industrial renaissance' is fueling a rebound in fundraising, Apollo CEO Marc Rowan says - 16 hours 48 min ago

NDTV - Donald Trump Appoints Linda McMahon, Ex WWE CEO As Education Secretary - 17 hours 49 min ago

COMMENTARY:

BusinessInsider - Target CEO says shoppers are stretched and waiting until 'the last moment of need' to buy items - 3 hours 17 min ago

Indiatimes - Does Elon Musk's Grok AI chatbot support Kamala Harris? Here's what OpenAI CEO Sam Altman is saying - 7 hours 29 min ago

Weekly mortgage demand inched up, despite higher interest rates. Here's why.
CNBC - 10 hours 41 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 - 11 hours 17 min ago

Indiatimes - Delhi versus Mumbai: How the interest rate battle is playing out - 13 hours 43 min ago

The Guardian - UK’s inflation jump dashes hope of interest rate cut in December | Heather Stewart - 14 hours 5 min ago

ECB Rates Clearly Headed Lower But Prudence Needed, Guindos Says - Bloomberg
Bloomberg - 10 hours 41 min ago
ECB Rates Clearly Headed Lower But Prudence Needed, Guindos Says Bloomberg

European Central Bank warns rising trade tensions increased risks to financial stability
CNBC - 11 hours 3 sec 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' - 12 hours 29 min ago

AllAfrica - Kenya: Central Bank Rolls Out New Notes for 50, 100, 200 and 500 With New Signatures - 13 hours 18 min ago

Disney debuts its latest cruise ship, Treasure, as part of a plan to double its fleet by 2031
CNBC - 12 hours 41 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 - 15 hours 58 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 - 16 hours 41 min ago
Harvesting olives is an economic necessity for many Palestinians, but it is increasingly precarious.

Japanese Manicurist Takes On Plastic Pollution, One Nail At A Time
NDTV - 21 hours 32 min ago
Before global leaders take the problem of plastic pollution into their hands this month, Japanese manicurist Naomi Arimoto is putting it into her fingernails. At the beach near her home south of Tokyo, Arimoto carefully sifts sand for tiny bits of plastic that she can mould into decorative tips to put on the false nails at her salon. She came up with the idea after taking part in community cleanups along the coast. "I became aware of environmental issues the moment I saw with my own eyes j ...

COMMENTARY:

Indiatimes - Delhi Government implements work-from-home policy amid severe air pollution crisis - 12 hours 15 min ago