Business News - The Last 24 Hours

Serbia: Thousands protests over fatal station collapse
Deutsche Welle - 42 min 26 sec ago
Student-led protesters accuse Aleksandr Vucic’s government of corruption and negligence after the roof in the Novi Sad train station collapsed, killing 15 people. They're calling for a general strike.

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NDTV - Trump Pardons 23 Anti-Abortion Protesters - 16 hours 43 min ago

The Federal Reserve is likely to hold interest rates steady next week. Here's what that means for your money
CNBC - 1 hour 4 min ago
The Fed is unlikely to cut interest rates again when it meets next week, delaying any relief from high borrowing costs.

COMMENTARY:

New York Times - Japan Raises Interest Rates to Highest Level Since 2008 - 13 hours 21 sec ago

Indiatimes - China cenbank conducts medium-term loan operation, rate unchanged - 14 hours 28 min ago

BusinessInsider - President Trump demanded that interest rates drop 'immediately.' A CD can lock in high rates while they last - 17 hours 29 min ago

Clampdown on fake Google reviews announced
BBC - 1 hour 7 min ago
Businesses which boost their star ratings will have warnings attached to them - fake reviewers will be banned.

RELATED:

NDTV - Joe Biden Removed From 'US Presidents' Search Results, Google Responds - 14 hours 56 min ago

CNBC - Google restores Joe Biden to ‘US presidents’ search results, blames ‘data error’ for omission - 21 hours 26 min ago

COMMENTARY:

Indiatimes - This Chinese AI Startup is giving tough competition to Google, OpenAI, other Silicon Valley giants - 1 hour 55 min ago

The Guardian - Google agrees to crack down on fake reviews for UK businesses - 3 hours 31 min ago

BusinessInsider - I quit teaching for jobs at Google, Uber, and Meta. My salary grew sevenfold, but Big Tech doesn't live up to the hype. - 6 hours 21 min ago

SEC revokes unpopular banking rule that blocked Wall Street banks from adopting crypto
CNBC - 1 hour 7 min ago
SEC rescinds controversial rule in latest pro-crypto measure taken by new Trump administration.

Ukrainian drones hit big Russian oil refinery at Ryazan, sources say - Reuters
Reuters - 1 hour 36 min ago
Ukrainian drones hit big Russian oil refinery at Ryazan, sources say Reuters

COMMENTARY:

BusinessInsider - North Korean forces are being slaughtered fighting for Russia, harming combat operations, intel says - 1 hour 37 min ago

The Independent - Firefighters battle aftermath of deadly Russian drone attack on Kyiv - 3 hours 4 min ago

SCMP - Growing risk of nuclear powers armed clash, Russia security official says - 5 hours 42 min ago

Russia Today - Orban issues ultimatum on renewal of EU’s Russia sanctions - 6 hours 9 min ago

Indiatimes - Risk of clash between nuclear powers is growing, Russian security official says - 7 hours 59 min ago

The Guardian - Britain’s response to Russian ‘spy ship’ is game of political messaging – for now - 10 hours 26 min ago

Trump visiting North Carolina, California disaster areas
Deutsche Welle - 2 hours 10 min ago
The trips will be the first of Trump's new term and see him visit disaster zones caused by devastating hurricanes and wildfires. He had spread numerous false or misleading claims regarding the wildfires in Los Angeles.

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Deutsche Welle - How will Trump's return to US presidency affect sports? - 2 hours 16 min ago

NDTV - Yes, Trump Can Rename Gulf Of Mexico - But There's A Catch. How It Works - 2 hours 37 min ago

BBC - The Week: Trump Returns, the EU and No to NIMBYs? - 4 hours 27 min ago

CGTN - Leaders grapple with their own message as Trump 2.0 debuts at Davos - 6 hours 3 min ago

FOX Business - FTC grants Chairman Andrew Ferguson authority to comply with Trump's orders to end DEI programs: 'A scourge' - 10 hours 38 min ago

CNBC - Trump praises President Xi, says he looks forward to 'getting along with China' - 12 hours 4 min ago

Reuters - Trump orders crypto working group to draft new regulations, explore national stockpile - Reuters - 17 hours 36 min ago

Bloomberg - Michael Bloomberg Will Help Fund UN Climate Body After Trump Withdraws From Paris Climate Agreement - Forbes - 20 hours 53 min ago

COMMENTARY:

The Independent - Donald Trump seems to confuse Spain with South Africa: ‘You’ll figure it out’ - 39 min 7 sec ago

New York Post - Trump aides ‘furious’ with Elon Musk for trashing $500B AI project: ‘He gives zero f–ks’ - 1 hour 15 min ago

New York Times - What Is the H-1B Visa Program and Why Are Trump Backers Feuding Over It? - 1 hour 22 min ago

The Guardian - As Los Angeles burns, Trump and California governor lock horns over aid - 1 hour 25 min ago

Indiatimes - How Donald Trump rattled America, and the world, in just four days - 1 hour 53 min ago

Russia Today - US lawmaker wants third term for Trump - 2 hours 29 min ago

BusinessInsider - A memo threatens federal workers with punishment for concealing DEI work from Trump's ban - 3 hours 35 min ago

SCMP - If Trump has his way with Maga, it’s back to the law of the jungle - 3 hours 56 min ago

Sydney Morning Herald - What Trump’s first four days tell us about the next four years - 8 hours 1 min ago

Jim Cramer's top 10 things to watch in the stock market Friday
CNBC - 2 hours 16 min ago
Wall Street has a new favorite industrial growth stock. Plus, Novo Nordisk jumps on new obesity drug data.

COMMENTARY:

Indiatimes - This monster AI stock could face some rough weather in 2025; here's the reason - 3 hours 37 min ago

Ukraine claims drone strike on Russian oil refinery
BBC - 2 hours 32 min ago
Russia says it shot down more than 120 drones overnight, in what would be one of the largest attacks of the war.

RELATED:

BBC - Ukraine claims drone strike on Russian oil refinery - 2 hours 32 min ago

COMMENTARY:

Russia Today - Trump not willing to take part in Ukraine’s reconstruction – Bloomberg - 1 hour 34 min ago

SCMP - Ukraine receives bodies of 757 troops killed fighting Russia - 3 hours 2 sec ago

Indiatimes - Kyiv says received bodies of 757 killed Ukrainian troops - 3 hours 12 min ago

The Guardian - North Korea preparing to send more troops to Ukraine war, says South Korea - 7 hours 6 min ago

The Independent - Ukraine-Russia latest: Drone attack closes Moscow airports as North Korea ‘prepares to send more troops’ - 10 hours 34 min ago

BusinessInsider - Ukraine's intel chief says North Korea is about to double its artillery systems in Russia's war to nearly 500 guns - 10 hours 47 min ago

Wall Street Journal - Russia Brushes Off Trump's Threats on Ukraine - 12 hours 26 min ago

Carse replaces Atkinson for second T20 in India
BBC - 2 hours 34 min ago
England replace Gus Atkinson with fellow pace bowler Brydon Carse for the second T20 against India in Chennai on Saturday.

COMMENTARY:

The Hindu - Bank of India Q3 PAT up 35% to ₹2,517 crore - 2 hours 4 min ago

Indiatimes - PwC India chief on how India can get more FDI - 4 hours 15 min ago

SCMP - Man sentenced over murder, rape of doctor in India - 6 hours 26 min ago

Here's what CEOs are saying about DEI at Davos
CNBC - 2 hours 43 min ago
On the ground in Davos, DEI has been the subject of conversation both on-the-record and behind closed doors.

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CGTN - There is no green transition without China: ERG CEO - 5 hours 24 min ago

FOX Business - UnitedHealthcare announces new CEO after killing of Brian Thompson - 17 hours 44 min ago

Reuters - CEO of KKR-backed FiberCop steps down ahead of new strategy plan, source says - Reuters - 19 hours 39 min ago

CNBC - UnitedHealthcare taps company veteran Tim Noel as new CEO following Brian Thompson killing - 20 hours 4 min ago

COMMENTARY:

BusinessInsider - Trump has a message to CEOs: Build in America or pay up - 2 hours 41 min ago

AllAfrica - Uganda: MPs Want Telecom CEOs Probed Over Illegal SIM Cards - 4 hours 2 min ago

The Straits Times - OCBC CEO meets key Great Eastern deal holdouts in $1.4 billion takeover bid - 6 hours 16 min ago

Indiatimes - Trump face-off with Bank of America CEO@WEF: ‘What you are doing is wrong’ - 13 hours 33 min ago

New York Post - JPMorgan CEO Jamie Dimon was paid $39M in 2024 — a massive $3M raise - 17 hours 25 min ago

China continues to share opportunities with the world
CGTN - 3 hours 40 min ago
Editor's note: Zhou Jianjun is an assistant researcher at the Institute of State System Research and School of Economics, Zhejiang University. The article reflects the author's opinions and not necessarily the views of CGTN. It has been translated from Chinese and edited for brevity and clarity.In recent years, China has been advancing institutional opening up, creating a more comprehensive and deeper pattern of opening up that spans a broader range of areas. The country is now a major trading p ...

RELATED:

CGTN - China's economy is obviously soaring. The problem is economists - 8 hours 46 min ago

NDTV - "Unfair Relationship": Trump's Message For China On "Trade Deficit" - 11 hours 20 min ago

COMMENTARY:

SCMP - EU to resume WTO case against China over alleged economic coercion of Lithuania - 41 min 34 sec ago

BusinessInsider - TikTok is 'severely damaging' young people — unlike its Chinese equivalent, 'The Anxious Generation' author tells BI - 5 hours 47 sec ago

The Guardian - US politics live: Donald Trump says he would ‘rather not’ impose tariffs on China - 7 hours 33 min ago

Indiatimes - Beijing says China, US can solve differences with 'dialogue' - 7 hours 50 min ago

Trump crypto plans have Wall Street CEOs ready to jump into digital assets
CNBC - 4 hours 26 min ago
Top Wall Street banks say they're ready to get more active in crypto if the Trump administration rolls out favorable policies.

Putin Ready To Talk To Trump, Waiting For US 'Signals': Kremlin
NDTV - 4 hours 35 min ago
Russian President Vladimir Putin is ready to talk to US counterpart Donald Trump but is waiting for signals from Washington first, the Kremlin said on Friday, fuelling expectations the two would be in contact. The Ukraine conflict has plunged relations between the two nuclear powers to their lowest levels since the Cold War, with Trump repeatedly promising to end the fighting with a "deal". He told reporters on Thursday he would meet Putin "immediately", and that Ukrainian President Volody ...

NDTV - Trump Says He Wants To Meet Putin Soon To Ensure End Of Ukraine War - 23 hours 15 min ago

COMMENTARY:

Indiatimes - Putin ready for talks with Trump, await signals from Washington on Ukraine conflict: Kremlin - 3 hours 15 min ago

The Independent - Nato chief says stopping Putin will cost trillions if they don’t support Ukraine now - 12 hours 25 min ago

Russia Today - I would meet with Putin immediately – Trump - 19 hours 15 min ago

BusinessInsider - Putin is reportedly growing worried that Russia's economic situation is worsening - 22 hours 9 min ago

Netflix Is Snapping At The Heels Of The BBC. How Legacy Media Is Losing Out
NDTV - 5 hours 11 min ago
During the last quarter of 2024, Netflix pulled a larger audience in the UK than BBC One, becoming the country's most popular TV service. Across its entire portfolio, the BBC remains the UK's favourite news and entertainment destination, but this is nonetheless a significant milestone for a US-based streamer. After all, Netflix was a service that sent DVDs through the post in California a couple of decades ago. I have researched TV in the streaming era and the issue for national broadcasters ...

COMMENTARY:

Indiatimes - Run Away: Expected release window for Netflix mystery series | Plot, cast, and more - 2 hours 58 min ago

"Heil Tesla": Controversial Image Of Elon Musk Displayed On Tesla Factory
NDTV - 6 hours 1 min ago
An image of Elon Musk making a Nazi-style straight-arm gesture, accompanied by the phrase "Heil Tesla," was projected onto the Tesla Gigafactory in Grunheide, near Berlin, on Wednesday night. The projection was the work of UK - based activist group Led By Donkeys and Germany's Centre for Political Beauty, according to the Canadian Global Television Network. The incident was an attack against Musk and Tesla. Groups published the display on Instagram with a caption "Tesla Gigafactory, Berlin. # ...

RELATED:

CNBC - Tesla starts sales of revamped Model Y in U.S. for about $60,000 - 10 hours 59 min ago

COMMENTARY:

BusinessInsider - Tesla's updated Model Y is now available to order in the US and Europe - 2 hours 27 min ago

Indiatimes - Tesla launches new Model Y in US, Canada, Europe weeks after China - 13 hours 47 min ago

New York Post - 3 in 10 Tesla owners plan to sell their cars over Elon Musk’s antics: study - 22 hours 33 min ago

UK to soften tax rules for wealthy foreigners after millionaire exodus, Rachel Reeves says
CNBC - 7 hours 28 min ago
The U.K. is to soften some planned changes to its controversial non-dom tax rule following concerns of a millionaire exodus, the Treasury has confirmed.

RELATED:

FOX Business - Trump outlines tax cut plans, tells World Economic Forum 'make your product in America' - 23 hours 1 min ago

COMMENTARY:

New York Times - IRS Free Tax Filing System Will Include 13 More States - 2 hours 26 min ago

AllAfrica - Africa: Trump Attacks Global Minimum Tax - 4 hours 2 min ago

Indiatimes - Revitalizing India's Infrastructure: Case for tax-free bonds in the upcoming Budget - 5 hours 50 min ago

The Straits Times - UK supermarket chain Sainsbury’s cuts 3,000 jobs as tax hike looms - 16 hours 29 min ago

Russia Today - Nuclear reduction, ending the Ukraine conflict and massive tax cuts: Key takeaways from Donald Trump’s Davos speech - 20 hours 42 min ago

Spirit Airlines no longer allowing passengers with inappropriate clothing or tattoos to fly
FOX Business - 7 hours 40 min ago
Spirit Airlines is cracking down on passengers with offensive clothing and inappropriate tattoos, adding restrictions to their flight policies.

RELATED:

CNBC - Airlines flex pricing power, signaling higher fares in 2025 - 21 hours 37 min ago

COMMENTARY:

BusinessInsider - Airlines are flying high with record earnings as they bounce back from the pandemic - 4 hours 4 min ago

AllAfrica - Uganda: How Uganda Airlines Reduced Losses By 26% in a Year - 10 hours 26 min ago

SCMP - Hong Kong’s Greater Bay Airlines urged to expedite refunds for flight cancellations - 11 hours 44 min ago

Trump told not to put massive tariffs on UK
BBC - 7 hours 46 min ago
Business Secretary Jonathan Reynolds says there is no need for tariffs because the US has no goods trade deficit with the UK.

RELATED:

Bloomberg - Trump Would ‘Rather Not’ Put Tariffs on China, Maintains Threat - Bloomberg - 8 hours 1 min ago

BBC - Canada can avoid tariffs by becoming US state, says Trump - 21 hours 13 min ago

NDTV - 'Make Your Products In America Or Pay Tariffs': Trump Tells Davos - 23 hours 38 min ago

CNBC - Shein exec says tariffs shouldn't impact its cheap clothes — as long as they're applied 'equally' - 23 hours 50 min ago

COMMENTARY:

The Straits Times - Singapore stocks fall amid easing monetary policy settings, Trump’s tariff remarks; STI down 0.1% - 5 hours 20 min ago

Indiatimes - Trump drops a bombshell on tariffs: What does it mean for US-China relations? - 8 hours 43 min ago

AllAfrica - Nigeria: Okonjo-Iweala Cautions WTO Members Against Tit-for-Tat Tariffs - 9 hours 47 min ago

Sydney Morning Herald - Trump tells business leaders to invest in US or face tariffs - 16 hours 34 min ago

SCMP - Donald Trump tells Davos he is hopeful about US-China ties as he warns on tariffs - 20 hours 55 min ago

Wall Street Journal - Trump Tells Davos: Make Your Product in America---or Pay Tariffs - 22 hours 46 min ago

The Guardian - Donald Trump signals all imports to US will face tariffs in Davos address - 23 hours 15 min ago

Trump is searching for potential TikTok buyers — who are the likely contenders?
CNBC - 8 hours 4 min ago
After stepping in to restore TikTok in the U.S. and delaying a law that would effectively ban the app, Trump is looking for avenues to keep the popular platform afloat.

RELATED:

FOX Business - O'Leary defends his TikTok offer now competing against MrBeast as 'only' viable option - 19 hours 26 min ago

COMMENTARY:

New York Post - Davos 2025: Trump may create US sovereign fund to snap up TikTok from ByteDance: sources - 3 hours 19 min ago

Indiatimes - TikTok madness: Users in US willing to pay up to $5 million for smartphones with pre-installed app - 6 hours 47 min ago

SCMP - ByteDance board member ‘optimistic’ TikTok will find non-sale options in US, report says - 6 hours 56 min ago

BusinessInsider - People are hawking used iPhones with TikTok pre-installed at astronomical prices on eBay and Facebook Marketplace - 7 hours 24 min ago

Explainer: How Would A US Bitcoin Strategic Reserve Work
NDTV - 8 hours 38 min ago
President Donald Trump ordered the creation of a digital asset working group on Thursday which, among other things, would be tasked with exploring a U.S. cryptocurrency stockpile. He has directed the group, by July, to turn in a report addressing criteria for such a stockpile, potentially derived from cryptocurrencies seized by the federal government. Some market participants were disappointed Trump did not immediately begin accumulating a bitcoin strategic reserve. Here are some of the ...

COMMENTARY:

Indiatimes - What does Trump's new cryptocurrency initiative mean for the future of bitcoin? - 8 hours 37 min ago

Russian Cybercriminals Exploit Microsoft Teams To Hack Into UK Computers
NDTV - 10 hours 46 min ago
Russian cybercriminals are posing as remote tech support workers on Microsoft Teams to hack into British computers, a report in The Telegraph has claimed. The hackers overwhelm the targeted user by sending 3,000 spam messages in an hour before contacting them via Teams to fix the problem. Once the hackers have their way into the system using remote access, they install malicious software and scrape away the data. UK-based cybersecurity firm Sophos, which exposed the modus operandi said Teams' ...

COMMENTARY:

Russia Today - Microsoft and AI boosted IDF’s war on Gaza – media - 4 hours 24 min ago

Indiatimes - Is Microsoft’s relationship with OpenAI frosty? Salesforce's Marc Benioff says friendship cracked when Satya Nadella hired Mustafa Suleyman, rival of Sam Altman - 17 hours 57 min ago

BusinessInsider - The list of major companies laying off staff in the new year, including CNN, Meta, Microsoft, and BP - 23 hours 19 min ago

"Dear President...": What Joe Biden Wrote In His Farewell Letter To Trump
NDTV - 10 hours 49 min ago
Following the long-standing tradition in American politics, outgoing US President Joe Biden left a letter for his successor Donald Trump, who returned to the Oval Office on January 20. The full contents of the letter have now been revealed. While signing the first set of executive orders, Mr Trump found the letter at the Resolute Desk. He read the contents of the letter in front of reporters on Monday, reported Fox News. The letter was addressed to "Dear President Trump" and read, "As I ta ...

COMMENTARY:

Indiatimes - Democratic strategist James Carville says, no one cares about Joe Biden anymore; here's the reasons he gave - 2 hours 26 min ago

The Independent - Trump describes North Korea leader Kim Jong Un in two words as he takes swipe at Obama and Biden - 4 hours 42 min ago

Bank of Japan hikes policy rates by 25 basis points to highest since 2008
CNBC - 12 hours 33 min ago
The move comes in line with expectations from CNBC's survey from Jan 15-20, which saw an overwhelming majority of economists predict a hike.

COMMENTARY:

Indiatimes - Japan factory activity sinks to lowest level in 10 months, PMI shows - 15 hours 10 min ago

UK has not ruled out EU food trade deal, says minister
BBC - 12 hours 49 min ago
Jonathan Reynolds told the BBC doing a deal to ease UK exports of food would not cross the government's red lines

COMMENTARY:

Indiatimes - Trump says he could reach trade deal with China, calls talk with Xi 'friendly' - 13 hours 21 min ago

Japan core inflation climbs to a 16-month high, boosting case for rate hikes
CNBC - 15 hours 48 min ago
The Bank of Japan is expected to raise rates by 25 basis points later in the day as it concludes its monetary policy meeting.

COMMENTARY:

The Guardian - Signs of returning UK inflation give Bank of England interest rate dilemma - 2 hours 50 min ago

Indiatimes - Donald Trump’s plan to tackle inflation: How tax cuts, deregulation, and interest rate reductions could work - 3 hours 5 min ago

AllAfrica - South Africa: January Rate Cut Likely As South Africa Inflation Slows - 10 hours 50 min ago

New York Times - S&P 500 Hits Record High Amid Strong Earnings and Easing Inflation Concerns - 19 hours 12 min ago

Dollar dips after Trump comments as markets eye tariffs, central banks - Reuters
Reuters - 20 hours 48 min ago
Dollar dips after Trump comments as markets eye tariffs, central banks Reuters

Trump Browbeats Davos Elite to Curb Oil Prices, Interest Rates - Bloomberg
Bloomberg - 20 hours 52 min ago
Trump Browbeats Davos Elite to Curb Oil Prices, Interest Rates Bloomberg

COMMENTARY:

BusinessInsider - The S&P 500 closes at a record high as Trump pushes for cheaper oil and lower interest rates - 19 hours 15 min ago

The Independent - Trump threatens business leaders with tariffs and demands lower oil prices in World Economic Forum speech - 23 hours 37 min ago

Oil trades lower as Trump urges Opec to slash prices
BBC - 21 hours 47 min ago
President Trump said he wants OPEC and Saudi Arabia to bring down the price of oil which he says is fuelling the Russia-Ukraine war.

COMMENTARY:

BusinessInsider - Trump wants OPEC to bring down oil prices. That could hurt America's booming energy industry. - 19 hours 33 min ago

Russia Today - Trump urges OPEC to lower oil prices for Ukraine conflict to end - 23 hours 13 min ago

Sainsbury's to cut 3,000 jobs and shut cafés and pizza counters
BBC - 22 hours 48 min ago
The changes are part of a cost-cutting plan, but recent tax rises for businesses have also been a factor.

COMMENTARY:

New York Times - CNN Cuts Jobs and Shuffles TV Lineup as It Enters New Trump Era - 22 hours 26 min ago