Business News - The Last 24 Hours

Cryptoqueen who fled China for London mansion to be sentenced over £5bn Bitcoin stash
BBC - 46 min 27 sec ago
Qian Zhimin bought cryptocurrency using funds stolen from thousands of Chinese pensioners, say police.

NDTV - China's "Goddess Of Wealth" Faces Jail In UK Over $6 Billion Bitcoin Scam - 20 hours 33 min ago

COMMENTARY:

Indiatimes - Analyst backs ‘Big Short’ Michael Burry, says Bitcoin could crash 50% from here - 10 hours 16 min ago

Trump Threatens $1 Billion Action As BBC Apologises For Edit Error
NDTV - 1 hour 45 min ago
US President Donald Trump threatened the BBC with a billion-dollar lawsuit Monday as the broadcaster apologised for editing a speech that gave the impression he urged "violent action" ahead of the 2021 assault on the US Capitol.

BBC - Syria to join US-led coalition to defeat IS group after Trump meeting - 3 hours 33 min ago

FOX Business - Florida AG probes JPMorgan Chase over alleged de-banking of Trump Media - 4 hours 40 min ago

NDTV - Syrian President Meets Trump At White House - 4 hours 55 min ago

Associated Press - Furor over editing of Trump speech sparks ‘existential crisis’ at the BBC - WWNY - 6 hours 9 min ago

Deutsche Welle - US: Trump hosts Syria's new ruler at the White House in dramatic turnaround - 6 hours 40 min ago

Reuters - BBC boss and head of news quit after criticism of Trump documentary edit - Reuters - 14 hours 59 sec ago

Bloomberg - It’s Trump’s Economy Now and Americans Don’t Seem to Love It - Bloomberg.com - 15 hours 18 min ago

COMMENTARY:

The Independent - UN shipping regulator advocates for industry emissions fee at COP30, despite Trump pushback - 30 min 3 sec ago

Sydney Morning Herald - Trump demands air traffic controllers return to work - 1 hour 10 min ago

Russia Today - Trump praises Syria’s Al-Qaeda-linked leader after White House visit - 3 hours 1 min ago

New York Times - Groups Sue to Reverse Trump’s Cuts to Energy Projects in Democratic States - 3 hours 49 min ago

New York Post - China says it’s cracking down on fentanyl trade to US after Trump deal - 4 hours 3 min ago

SCMP - Trump tells air traffic controllers to return to work amid flight cancellations - 4 hours 3 min ago

The Guardian - Drug dealer granted clemency by Trump sent back to prison for violating terms of release - 5 hours 54 min ago

Indiatimes - Zohran Mamdani's Press Conference: NYC Mayor-elect makes shocking new statements against Trump - 7 hours 29 min ago

Warren Buffett pens last letter as Abel prepares to take over
FOX Business - 3 hours 15 min ago
Warren Buffett's Thanksgiving letter to Berkshire Hathaway shareholders outlined his plans to step back from his past duties when Greg Abel takes over as CEO.

COMMENTARY:

BusinessInsider - Warren Buffett says rules requiring CEO-to-employee pay comparison backfired - 2 hours 35 min ago

The Independent - Warren Buffett prepares to step down as ‘Father Time’ catches up - 2 hours 36 min ago

New York Post - Warren Buffett, 95, says becoming old is ‘not to be denied,’ gives rare health update ahead of Berkshire Hathaway departure - 3 hours 49 min ago

New York Times - Warren Buffett’s Berkshire Hathaway Farewell: ‘I’m Going Quiet’ - 5 hours 53 min ago

Indiatimes - Bill Gates gives two tips on how students can truly thrive, reveals belief he shares with Warren Buffett - 19 hours 52 min ago

Trump backs Senate deal that would end government shutdown
CNBC - 3 hours 20 min ago
Some Democrats are fuming over the Senate government funding deal because it drops a key demand: securing an extension of soon-to-expire Obamacare subsidies.

RELATED:

NDTV - Trump Says Deal To End US Shutdown Is "Very Good" - 3 hours 52 min ago

FOX Business - Retired air traffic controller warns of shutdown's toll on US skies: 'You can’t mail it in' - 5 hours 38 min ago

CNBC - What Democrats are — and aren't — getting in the deal that could end the government shutdown - 6 hours 50 min ago

Bloomberg - Stocks Rally on Bets Shutdown Endgame Is Near: Markets Wrap - Bloomberg.com - 9 hours 36 min ago

Reuters - Aussie gains, yen weakens as end to US shutdown looks possible - Reuters - 16 hours 30 min ago

BBC - Three takeaways from the US shutdown deal - 18 hours 41 min ago

Deutsche Welle - US Senate takes big step toward ending shutdown - 20 hours 43 min ago

COMMENTARY:

The Guardian - Angry Democrats call on Schumer to resign after eight vote to end shutdown - 2 hours 4 min ago

New York Post - US stocks rally with end to government shutdown in sight - 3 hours 59 min ago

Indiatimes - 'Trump is a joke': Hundreds line up for food in America amid longest Government Shutdown in History - 4 hours 30 min ago

The Independent - An emerging shutdown deal doesn't extend expiring health subsidies. Here's what could happen to them - 4 hours 58 min ago

New York Times - Flight Cancellations and Delays May Get Worse This Week Amid Shutdown - 5 hours 22 min ago

BusinessInsider - Private jets are halted at 12 major airports as air traffic controllers continue to call out amid the shutdown - 7 hours 45 min ago

SCMP - US court orders Trump to fund food aid amid shutdown chaos - 15 hours 40 min ago

Sydney Morning Herald - Longest US government shutdown looks set to end after Democrats break ranks - 21 hours 1 min ago

Paramount Skydance expects another $1B in merger savings as David Ellison resets spending
CNBC - 3 hours 26 min ago
CEO David Ellison outlined further layoffs and synergies in Paramount Skydance's first earnings report since its merger in August.

COMMENTARY:

The Straits Times - Shares of Gojek parent GoTo soar on report Danantara to be involved in Grab merger - 17 hours 28 min ago

Trump Says US "Getting Close" To Reaching A "Fair Trade Deal" With India
NDTV - 3 hours 51 min ago
US President Donald Trump said on Monday the United States was getting close to reaching a deal with India that would expand economic and security ties between the two countries, boost US energy exports and promote investments in key US sectors.

COMMENTARY:

Indiatimes - Gold price today rises to 2-week high as dollar slips, weak US data fuels Fed rate cut bets & shutdown nears end - experts predict gold may hit $5,000 next - 12 hours 10 min ago

Nvidia CEO’s ask of Taiwan Semi means more upside for this portfolio stock
CNBC - 5 hours 23 min ago
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

BBC - BBC not institutionally biased, says News CEO - 13 hours 59 min ago

Bloomberg - Watch FuriosaAI CEO on Business Strategy, AI Policy - Bloomberg.com - 23 hours 24 min ago

COMMENTARY:

The Straits Times - ‘Dad, where are we going next?’: F&N’s new CEO on the joy of building a global career - 4 hours 18 min ago

Indiatimes - HR accidentally sends company-wide ‘You’re Fired’ email, including the CEO - chaos and memes follow - 13 hours 12 min ago

BusinessInsider - I'm the founder and CEO of Her First $100K. I give my team a lot of flexibility — here's how I structure my own workday. - 15 hours 3 min ago

SCMP - Ignore China’s innovation boom ‘at your own peril’, General Atlantic CEO warns - 22 hours 42 min ago

Trump says tariff revenue to fund $2K checks for Americans, lower nation’s $38T debt
FOX Business - 5 hours 56 min ago
President Donald Trump proposes using tariff revenue to fund $2,000 payments to Americans, with leftover funds targeting the nation's $38 trillion debt reduction efforts.

RELATED:

NDTV - How Will Americans Receive "$2,000 Tariff Dividend"? Team Trump Explains - 16 hours 24 min ago

COMMENTARY:

New York Post - Trump doubles down on $2K tariff checks — even as Bessent seems to throw cold water on idea - 3 hours 55 min ago

The Independent - China announces restrictions on chemicals after deal with Trump on fentanyl tariffs - 5 hours 40 min ago

BusinessInsider - Trump wants to issue $2,000 tariff checks. He can't do that by himself. - 7 hours 27 min ago

Indiatimes - Trump’s $2000 payment explained: Can tariffs fund the next stimulus checks and pay down US debt in 2025 - 7 hours 33 min ago

SCMP - Vietnam’s property sector a prime example of Asia’s tariff resilience - 16 hours 48 min ago

EU explores banning Huawei, ZTE Corp from mobile networks of member countries, Bloomberg News reports - Reuters
Reuters - 7 hours 5 min ago
EU explores banning Huawei, ZTE Corp from mobile networks of member countries, Bloomberg News reports Reuters

Ukraine updates: Kyiv launches energy corruption probe
Deutsche Welle - 7 hours 53 min ago
Ukraine has opened a probe into alleged bribery at state nuclear company Energoatom. Meanwhile, Ukraine's special forces say they struck a pumping station at a Russian oil depot in Crimea. Follow DW for the latest.

COMMENTARY:

The Guardian - Ukraine’s anti-corruption agency investigates country’s energy sector - 7 hours 48 min ago

Russia Today - Ukraine is too corrupt to join the EU, and the West is too dishonest to trust - 15 hours 6 min ago

The Independent - Ukraine-Russia war latest: Lavrov ‘ready’ to meet Marco Rubio after reports of rift with Putin - 20 hours 35 min ago

Wall Street gains on hopes of government reopening - Reuters
Reuters - 8 hours 35 sec ago
Wall Street gains on hopes of government reopening Reuters

COMMENTARY:

Indiatimes - US stock market today jumps as Congress moves to end government shutdown; S&P 500 +1.1%, Nasdaq +1.9%, Dow +0.6% — Is the bull run returning as tech stocks lead Wall Street’s rebound? - 9 hours 46 min ago

Lukoil Declares Force Majeure in Iraq as Operations Strain Under US Sanctions - Marine Link
Reuters - 8 hours 21 min ago
Lukoil Declares Force Majeure in Iraq as Operations Strain Under US Sanctions Marine Link

Bloomberg - Oil Steadies as Traders Weigh Up Surplus Concerns and Sanctions - Bloomberg.com - 23 hours 29 min ago

COMMENTARY:

The Guardian - US declares partial suspension of sanctions on Syria after historic meeting - 1 hour 23 min ago

Russia Today - US extends pause on Syria sanctions - 4 hours 44 min ago

SCMP - Trump hosts Syria’s President Sharaa, renews temporary waiver of sanctions - 5 hours 58 min ago

India: Protests decry New Delhi's air pollution spike
Deutsche Welle - 8 hours 42 min ago
Hundreds took to the streets of New Delhi to protest against what they see as government inaction in the face of the country's worsening air quality. Air quality dropped to "severe" levels over the weekend.

RELATED:

Deutsche Welle - How Ken Saro-Wiwa's fight against oil pollution in Nigeria lives on - 14 hours 26 min ago

Reuters - New Delhi police detain dozens in anti-pollution protests - Reuters - 14 hours 30 min ago

COMMENTARY:

Indiatimes - Jahangirpuri, Rohini among most polluted clusters of Delhi: Study - 12 hours 29 min ago

AllAfrica - South Africa: When Polluters Don't Pay - Still No Cleanup At South African Oil Refinery That's Caused Millions in Damage but Was Sold for 6 Cents - 20 hours 41 min ago

Disney's newest cruise ship, the Destiny, is getting ready to set sail: Here's a peek inside
CNBC - 8 hours 48 min ago
Like Disney's other cruise ships, the Destiny features themed dining, curated lounges and onboard entertainment. The Destiny is all about heroes and villains.

COMMENTARY:

BusinessInsider - Disney is losing $30 million every week the YouTube TV blackout lasts, Morgan Stanley says - 4 hours 15 min ago

New York Post - YouTube TV customers set to get first account credit as battle with Disney about to spill into ‘MNF’ - 20 hours 10 min ago

India: Car explodes in New Delhi, killing several people
Deutsche Welle - 10 hours 28 min ago
An explosion occurred near the Red Fort, a tourist attraction in India's capital, New Delhi. Several people are feared dead.

RELATED:

BBC - India win sparks surge in sales for T20 World Cup - 15 hours 27 min ago

Reuters - India's HPCL, MRPL buy 5 million barrels of US, Mideast oil, sources say - Reuters - 18 hours 4 min ago

COMMENTARY:

Indiatimes - CISF issues high alert for airports, metro stations across India after deadly blast near Delhi's Red Fort metro station - 9 hours 7 min ago

Former Google, Meta executives raise $100 million for high-capacity AI servers startup
CNBC - 11 hours 18 min ago
The three plan to sell high-memory server technology.

COMMENTARY:

New York Post - Google cracks down on posts by $2.7B AI guru who sounded off on trans people, antisemitism: report - 5 hours 13 min ago

Jim Cramer's top 10 things to watch in the stock market Monday
CNBC - 11 hours 22 min ago
The S&P 500 is pushing higher this morning after Senate lawmakers took a major step towards a landmark deal to end the U.S. government shutdown.

COMMENTARY:

Indiatimes - Is the stock market open on Veterans Day 2025? Will Banks, Post Offices, and FedEx operate? - 9 hours 1 min ago

The Hindu - Stock markets snap three-day decline on buying in IT stocks; Sensex jumps 319 points - 13 hours 41 min ago

Hong Kong to Issue Third Blockchain-Based Green Bond Sale: Bloomberg - CoinDesk
Bloomberg - 12 hours 26 min ago
Hong Kong to Issue Third Blockchain-Based Green Bond Sale: Bloomberg CoinDesk

COMMENTARY:

SCMP - Which Hong Kong authorities score well on cybersecurity and which don’t? - 48 min 11 sec ago

Mike Rowe, Ford CEO warn America's manufacturing crisis is at a breaking point as China surges ahead
FOX Business - 12 hours 39 min ago
America faces a manufacturing crisis with thousands of open jobs and no workers to fill them. Ford CEO Jim Farley and Mike Rowe sound urgent alarm on skilled trades shortage.

COMMENTARY:

AllAfrica - Nigeria: Reforms Clarity Attracted $5bn Investment in Manufacturing, Fintech, Energy - Govt - 20 hours 22 min ago

Consumers on edge as ACA 'subsidy cliff' looms: 'Quite frankly, it's terrifying'
CNBC - 13 hours 43 sec ago
Households are bracing for a sharp increase in their health insurance premiums if Congress doesn't extend enhanced subsidies for ACA marketplace plans.

COMMENTARY:

BusinessInsider - OpenAI is weighing a move into consumer health apps - 15 hours 18 min ago

SCMP - ‘Not in this economy’: why Guangdong is struggling to tempt consumers to spend - 23 hours 18 min ago

India's HMEL issues prompt tender for naphtha supplies as Russian flows hit, sources say - Reuters
Reuters - 13 hours 40 min ago
India's HMEL issues prompt tender for naphtha supplies as Russian flows hit, sources say Reuters

COMMENTARY:

Indiatimes - Zelenskyy seeks Patriot systems from US to counter Russia's power grid attacks - 6 hours 52 min ago

Texas cements business-friendly reputation after locking in tax bans
FOX Business - 14 hours 17 min ago
Texas voters approved constitutional amendments to ban certain taxes that will help cement the Lone Star State's business-friendly reputation.

COMMENTARY:

Indiatimes - Trump says 88% of retirees won’t pay taxes on Social Security, but what’s the catch? - 5 hours 53 min ago

BusinessInsider - Student-loan forgiveness is back on — but a tax change could be a 'financial disaster' for some borrowers - 13 hours 13 min ago

The Guardian - Labour could suffer Lib Dem-style election punishment if they raise taxes, Reeves warned – UK politics live - 15 hours 25 min ago

SoftBank-backed Lenskart wobbles after volatile debut despite oversubscribed IPO
CNBC - 16 hours 31 min ago
One of India's most storied startup, Lenskart, listed on the exchanges today but its debut did not live up to the hype.

COMMENTARY:

The Hindu - Dialysis provider Nephrocare gets SEBI nod for IPO - 8 hours 38 min ago

Tesla's Cybertruck chief Siddhant Awasthi departs after eight years - Reuters
Reuters - 19 hours 12 min ago
Tesla's Cybertruck chief Siddhant Awasthi departs after eight years Reuters

COMMENTARY:

The Independent - Bicyclist repeatedly stabbed by Tesla driver in bloody confrontation near Golden Gate Bridge, say cops - 2 hours 37 min ago

BusinessInsider - Tesla's Cybertruck lead is leaving the company after 8 years - 14 hours 30 min ago

Amazon tree-felling blamed for polluting UK rivers
BBC - 19 hours 15 min ago
Campaigners warn of a "hidden link" between tree-felling in the Amazon rainforest and UK pollution.

RELATED:

BBC - Amazon tree-felling blamed for polluting UK rivers - 19 hours 15 min ago

COMMENTARY:

BusinessInsider - Amazon's Black Friday announcement is live: Here's what to expect, plus early deals to shop - 5 hours 16 min ago

Emerging Markets Can Swim Naked for a While - Bloomberg.com
Bloomberg - 20 hours 33 min ago
Emerging Markets Can Swim Naked for a While Bloomberg.com

Nigeria delays opening of new art museum after protests
Deutsche Welle - 21 hours 40 min ago
The contested Museum of West African Arts in Benin City has postponed its preview week after protesters stormed a museum event.

COMMENTARY:

The Guardian - Protesters disrupt event at Nigerian museum embroiled in looted artefacts row - 12 hours 55 min ago