Business News - The Last 24 Hours

China's answer to Boeing and Airbus, the C919, takes first commercial flight
CNN - 1 hour 5 min ago
China's first large homegrown passenger jet made its inaugural commercial flight on Sunday, flying from Shanghai to Beijing, Chinese state news agency Xinhua reported.



More than 40 Russian drones downed in wave of attacks on Ukrainian capital, Kyiv says
CNN - 1 hour 32 min ago
A wave of Russian drone attacks on the Ukrainian capital left one person dead and sparked fires around the city, officials in Kyiv said early Sunday.
RELATED:
BBC - Kyiv under new massive Russian drone attack, Vitaliy Klitschko says - 5 hours 11 min ago
Reuters - Russian Orthodox Church fires Archpriest for 'obstruction' of icon ... - Reuters - 15 hours 7 min ago
FOX Business - Michelin sells Russian division, exits country amid war - 17 hours 21 min ago
CGTN - Kyiv 'ready' to launch counterstrike, China's Li meets Russia's ... - CGTN - 17 hours 52 min ago
Deutsche Welle - China and Russia double down on bilateral relations - 18 hours 14 min ago
NDTV - "Before Blaming Others...": Russia Slams US Criticism Over Nuclear Weapons - 20 hours 19 min ago
COMMENTARY:
Globe and Mail - Germany to remove at least 100 staff from its missions in Russia ... - The Globe and Mail - 12 hours 8 min ago
Moscow Times - Two Killed in Shelling in Russian Border Regions – Officials - The Moscow Times - 13 hours 15 min ago
Russia Today - Bill Gates’ alleged lover linked to Russian ‘spy’ – Daily Mail - 14 hours 7 min ago
Indiatimes - Argentina: LGBTQ+ Russians seek refuge in Buenos Aires - 15 hours 27 min ago
Wall Street Journal - Saudi Arabia, Russia Ties Under Strain Over Oil-Production Cuts - 15 hours 57 min ago



Biden and McCarthy race to sell their debt ceiling deal to lawmakers before the government runs out of money
CNN - 1 hour 56 min ago
The "agreement in principle" clinched by House Republicans and the White House late Saturday to raise the nation's borrowing limit was the culmination of mad-dash negotiations over the course of the past week that regularly stretched late into the night.
RELATED:
CGTN - Biden speaks with Republican House leader McCarthy over debt ... - CGTN - 6 hours 17 min ago
Deutsche Welle - Biden says US debt ceiling deal 'very close' - 10 hours 57 min ago
NDTV - Video: Basketball Player Faints Onstage During Biden's White House Speech - 17 hours 42 min ago
CNBC - Biden says he's 'very optimistic' about a debt ceiling deal - 17 hours 44 min ago
COMMENTARY:
Washington Post - What’s in the McCarthy-Biden deal to lift the debt ceiling? Here are 6 takeaways. - 3 hours 29 min ago
Indiatimes - US Debt Crisis Live News Updates: Joe Biden & top congressional Republican Kevin McCarthy have tentative US debt ceiling deal - 3 hours 57 min ago
The Independent - Debt ceiling deal reached between Biden and McCarthy - 4 hours 41 min ago
BusinessInsider - Biden and McCarthy reach debt ceiling deal, avoiding national default - 5 hours 3 min ago
The Guardian - Biden and McCarthy reportedly reach deal to raise debt ceiling days before US default - 5 hours 8 min ago
SCMP - Biden and McCarthy agree to talk on debt crisis, House Speaker says negotiators ‘closer to an agreement’ - 6 hours 36 min ago
Globe and Mail - Biden and McCarthy agree to 2-year budget deal to raise debt ... - The Globe and Mail - 6 hours 54 min ago
Russia Today - Biden reacts to Russia moving tactical nuclear weapons to Belarus - 22 hours 36 min ago



Ukraine updates: 'Massive' Russia drone attack targets Kyiv
Deutsche Welle - 2 hours 22 min ago
Kyiv's mayor said one person was killed in the capital after the latest Russian assault. Meanwhile, Vladimir Putin ordered a bolstering of border security to facilitate "fast movement" into Ukraine. DW has more.
RELATED:
BBC - Ukraine war: Russian Ambassador Andrei Kelin issues warning of escalation in Ukraine - 13 hours 6 min ago
CNN - Ukraine's commander in chief hints counteroffensive could be imminent in slick video - 13 hours 33 min ago
Reuters - Ukraine targets Russian oil pipeline installations with drones ... - Reuters - 14 hours 16 min ago
Associated Press - Ukraine set for a title-deciding game in war-torn football season - Al Jazeera English - 17 hours 1 min ago
CGTN - Ukraine admits involvement in Crimean Bridge explosion in 2022 - CGTN - 17 hours 35 min ago
Deutsche Welle - Ukraine updates: Kyiv asks for cruise missiles from Germany - 20 hours 4 min ago
NDTV - Drones Damage Oil Pipeline Building In Russia Amid Ukraine War - 20 hours 44 min ago
COMMENTARY:
The Guardian - Kyiv: Russian drone strike kills one in Ukraine capital, says mayor - 3 hours 20 min ago
BusinessInsider - Ukraine's 'Iron General' signals an impending counteroffensive: 'It's time to get back what's ours' - 4 hours 27 min ago
Sydney Morning Herald - ‘It’s time to get back what’s ours’: Ukraine says counteroffensive is imminent - 5 hours 58 min ago
SCMP - Ukraine says Russia is plotting ‘a provocation’ at nuclear plant, offers no evidence - 13 hours 1 min ago
Russia Today - Boris Johnson tried to talk Trump into supporting Ukraine – spokesman - 13 hours 56 min ago
Wall Street Journal - Ukraine Launches Airstrikes on Russian-Held Targets - 17 hours 44 min ago
Indiatimes - Ukraine asks Germany for air-to-surface missiles: Ministry - 20 hours 27 min ago



Biden, Republicans Reach Deal Days Before US Defaults On Payments
NDTV - 4 hours 40 min ago
US President Joe Biden and Republican lawmakers struck a deal in principle to raise the country's debt ceiling Saturday, in a crucial first step towards eliminating the threat of a disastrous default with just days to spare. The government is expecting to hit its borrowing limit on June 5, raising the possibility of the world's largest economy failing to honor its repayment obligations for the first time and igniting a firestorm in global markets. Party leaders now face a race against time ...
RELATED:
NDTV - China's Pre-Conditions For Talks Not Acceptable, Says US Official - 23 hours 15 min ago
COMMENTARY:
Indiatimes - Joe Biden, Kevin McCarthy have tentative US debt ceiling deal - 3 hours 57 min ago
SCMP - Amid Micron ban, US working with allies to beat China’s ‘economic coercion’: commerce secretary - 9 hours 42 min ago
BusinessInsider - A debt-ceiling deal may be close but the crisis likely isn't solved for good. Here's what would happen if the US actually defaulted on its debt. - 19 hours 12 min ago



Too few jobs, too many workers and 'no plan B': The time bomb hidden in India's 'economic miracle'
CNN - 6 hours 18 min ago
For young Indians, there's a flip side to the so-called economic miracle: too few jobs and too much competition.



Putin Orders Stronger Border Security For "Fast Movement" Into Ukraine
NDTV - 6 hours 46 min ago
President Vladimir Putin on Sunday ordered stronger border security to ensure "fast" Russian military and civilian movement into Ukrainian regions now under Moscow control. Speaking in a congratulatory message to the border service, a branch of Russia's Federal Security Service (FSB), on their Border Guard Day holiday, Putin said their task was to "reliably cover" the lines in the vicinity of the combat zone. Attacks inside Russia have been growing in intensity in recent weeks, chiefly wit ...
RELATED:
Reuters - Putin orders stronger Russian border security - Reuters - 6 hours 47 min ago
COMMENTARY:
SCMP - ‘Massive’ Russian drone attack kills 1 in Kyiv: mayor Vitali Klitschko, Putin wants stronger border security - 3 hours 25 min ago
The Independent - Putin ‘planning provocation’ at nuclear plant to disrupt Ukraine counteroffensive, Kyiv says - 8 hours 3 min ago
BusinessInsider - Footage appears to show low-flying Russian Su-34s dropping bombs on anti-Putin militias and missing the target, says report - 13 hours 12 min ago



Elon Musk admits BYD cars ‘are highly competitive these days’ after 2011 clip shows him laughing at the rival now trouncing Tesla in China - Fortune
Bloomberg - 12 hours 7 min ago
Elon Musk admits BYD cars ‘are highly competitive these days’ after 2011 clip shows him laughing at the rival now trouncing Tesla in China  Fortune
COMMENTARY:
BusinessInsider - Tesla instructed employees to only communicate verbally about complaints so there was no written record, leaked documents show - 16 hours 56 min ago



Bengaluru-Bound Nepal Airlines Flight Returns To Kathmandu After Bird Hit
NDTV - 13 hours 7 min ago
A Bengaluru-bound Nepal Airlines aircraft was forced to return to the Tribhuvan International Airport here on Saturday after its blades on the right wing were damaged, apparently due to a bird hit. The A320 aircraft of Nepal's flag carrier landed safely at the Tribhuvan International Airport (TIA) with technicians examining the aircraft, TIA spokesperson Teknath Sitaula said. The flight took off from TIA at 1:45 pm, before being forced to return to the same airport 25 minutes later, news p ...
COMMENTARY:
BusinessInsider - Children screamed and cried and passengers heard a loud bang after a man opened the emergency exit door during an Asiana Airlines flight - 14 hours 56 min ago



IMF slightly lifts U.S. 2023 growth forecast - newsaf.cgtn.com
CGTN - 14 hours 34 min ago
IMF slightly lifts U.S. 2023 growth forecast  newsaf.cgtn.com
COMMENTARY:
Russia Today - US debt-ceiling crisis causing global economic ‘anxiety’ – IMF - 17 hours 10 min ago



Premiership final: Protesters force stoppage of Twickenham showpiece between Saracens and Sale
BBC - 14 hours 35 min ago
Just Stop Oil protesters force stoppage of the Gallagher Premiership final between Saracens and Sale at Twickenham.
COMMENTARY:
The Guardian - More than 1,500 arrested at Extinction Rebellion protest in The Hague - 7 hours 32 min ago



Consumers are starting to fire up China's pandemic-battered economy, two ETF experts find
CNBC - 14 hours 57 min ago
A bullish economic trend may be underway in China after a challenging reopening.
RELATED:
CNBC - Are lower-income Americans paying for wealthy consumers' credit card rewards? Some economists say they are - 17 hours 57 min ago
COMMENTARY:
Wall Street Journal - Combative Consumers Change the Marketing Strategy for Target and Bud Light - 19 hours 57 min ago



Twitter pulls out of voluntary EU disinformation code
BBC - 15 hours 31 min ago
"You can run but you can't hide," commissioner Thierry Breton warns Twitter over upcoming rules.
RELATED:
CNBC - Mark Cuban says Twitter's new algorithms are designed to help one man only: Elon Musk - 16 hours 27 min ago
Deutsche Welle - EU: Twitter leaves voluntary pact on fighting disinformation - 22 hours 54 min ago
COMMENTARY:
SCMP - Twitter withdraws from EU fake news code: ‘You can run but you can’t hide’, commissioner says - 14 hours 8 min ago



Hong Kong's 2nd largest pro-democracy party disbands amid ... - WPLG Local 10
Associated Press - 16 hours 32 min ago
Hong Kong's 2nd largest pro-democracy party disbands amid ...  WPLG Local 10
RELATED:
Reuters - World News Roundup: Truce reduces fighting in Sudan, but little relief for humanitarian crisis; Major Hong Kong democratic party disbands amid China security clampdown and more - Devdiscourse - 16 hours 57 min ago
Deutsche Welle - Hong Kong political party disbands amid China crackdown - 17 hours 14 min ago
NDTV - Major Hong Kong Democratic Party Disbands Amid China's Security Clampdown - 19 hours 56 min ago
CGTN - Hong Kong Bun Festival pulls crowds - CGTN - 20 hours 48 min ago
COMMENTARY:
SCMP - Hong Kong community facilities for subdivided flat tenants offer space, lifestyle upgrade - 57 min 44 sec ago
The Guardian - Hong Kong's prominent pro-democracy Civic party votes to disband - 16 hours 48 min ago
Wall Street Journal - Uyghur Scholar Is Missing in Hong Kong, Rights Group Says, Raising Fear of Detention - 17 hours 52 min ago



Microsoft keyboard users are ‘so devastated’ after discontinuation of accessories
CNBC - 16 hours 57 min ago
After Microsoft said it plans to discontinue several keyboard models and focus on its Surface brand, the news caused sadness for some devotees



Why major commercial real estate firms are joining resources to recruit Black student-athletes
CNBC - 17 hours 57 min ago
A paid internship program that teaches the fundamentals of real estate investing has launched a new partnership with Black student-athletes.
RELATED:
FOX Business - Real estate developer details Florida’s new ‘life-changing’ residences: ‘The epicenter of Miami’ - 18 hours 57 min ago



AP PHOTOS: Hong Kong's colorful Bun Festival returns after COVID-19 cancellations - ABC News
Associated Press - 21 hours 20 min ago
AP PHOTOS: Hong Kong's colorful Bun Festival returns after COVID-19 cancellations  ABC News
COMMENTARY:
Sydney Morning Herald - COVID is coming back in China, lockdowns are not - 3 hours 6 min ago
Japan Times - COVID is coming back in China. Lockdowns are not. - The Japan Times - 3 hours 46 min ago
The Guardian - Boris Johnson calls diary checks for evidence of Covid breach ‘nonsensical’ - 14 hours 11 min ago
The Independent - Ron DeSantis starts to hit back at Trump saying he is now a ‘different guy’ to 2016 and slamming his Covid response - 21 hours 50 min ago
Indiatimes - India reports 425 new Covid cases - 23 hours 57 min ago



Analysis: Rishi Sunak could still suffer a similar fate to Boris Johnson. His castle is built on sand
CNN - 22 hours 16 min ago
Rishi Sunak should be celebrating after a week of successes. But despite good economic news, the allies of the British prime minister say they've been reminded that his castle is built on sand.