Business News - The Last 24 Hours

Auto giant Stellantis suspends full-year guidance due to uncertainties over Trump tariffs
CNBC - 25 min 49 sec ago
Auto giant Stellantis on Wednesday said it was withdrawing its full-year financial guidance due to uncertainties regarding the impact of U.S. President Donald Trump's back-and-forth trade policy.

Reuters - China creates list of US-made goods exempt from 125% tariffs, sources say - Reuters - 2 hours 37 min ago

NDTV - China's "Won't Kneel Down" Video Message To US Over Trump's Tariff - 2 hours 39 min ago

BBC - Fifty years after the war, Vietnam faces a new US threat: tariffs - 8 hours 35 min ago

Bloomberg - From Porsche to Carlsberg and JetBlue, Tariff Toll Spreads - Bloomberg.com - 14 hours 30 min ago

FOX Business - China caves on 125% tariff for major US export after White House predicts Beijing can't keep up - 15 hours 20 min ago

CGTN - Spokesperson: China urges U.S. to stop threats for tariff negotiations - 21 hours 35 min ago

COMMENTARY:

Indiatimes - Jeep owner Stellantis suspends 2025 earnings forecast over tariffs - 28 min 53 sec ago

AllAfrica - Kenya: China Affirms Clear Stance On Tariffs, Vows to Stand With Kenya in Global Trade Justice - 1 hour 2 min ago

SCMP - TSMC triples down on Arizona, begins construction on third US plant as tariffs loom - 1 hour 43 min ago

The Independent - Commerce Secretary says US is close to first tariff deal, days after Trump bragged he already had 200 deals - 1 hour 44 min ago

New York Post - Trump defends tariff policy in testy exchange during ABC interview: ‘Everything’s going to be just fine’ - 6 hours 8 min ago

The Straits Times - Singapore's Wilmar posts higher first-quarter profit, flags tariff uncertainty - 6 hours 14 min ago

The Guardian - Donald Trump says he ‘will be talking’ to Australia’s prime minister about tariffs - 6 hours 32 min ago

New York Times - West Coast Ports Brace for China Tariffs to Dent Import Volume Within Days - 10 hours 6 min ago

BusinessInsider - LA port exec says cargoes are set to drop 35% starting next week as tariffs hit demand - 13 hours 43 min ago

The Hindu - HSBC sounds Trump tariff alarm, taking shine off Q1 profit beat and buyback - 20 hours 17 min ago

Eric Trump: 'If banks don’t watch what’s coming, they’ll be extinct in ten years'
CNBC - 56 min 52 sec ago
"The modern financial system is broken, it's slow, it's expensive," the executive vice president of the Trump Organization told CNBC.

RELATED:

NDTV - Donald Trump's Michigan Speech: Claims vs Facts - 57 min 58 sec ago

BBC - Xi's real test is not Trump's trade war - 1 hour 3 min ago

Bloomberg - Canada Escaped a Trump Trap, But Carney's Boxed In - Bloomberg.com - 1 hour 43 min ago

CNBC - Where the 'Fast Money' traders see the most promise — and problems — over President Trump's next 100 days - 7 hours 17 min ago

Reuters - Trump's approval steady, concerns over economy, immigration rise, Reuters/Ipsos poll finds - Reuters - 8 hours 43 min ago

FOX Business - STEVE MOORE: 9 top Trump economy wins after his first 100 days - 16 hours 15 min ago

Deutsche Welle - US updates: Trump marks 100 days in office - 21 hours 9 min ago

COMMENTARY:

Sydney Morning Herald - Canada’s conservative leader was a shoo-in for PM before Trump. He couldn’t even hold his seat - 58 min 19 sec ago

BusinessInsider - Trump says voters unhappy about the economy and his China trade war should deal with it because 'they did sign up for it actually' - 1 hour 41 min ago

Indiatimes - Trump congratulates Carney on election victory; leaders agree to meet in person - 2 hours 6 min ago

The Independent - Takeaways from AP's report on how Trump's immigration crackdown resonates in the Texas Panhandle - 2 hours 35 min ago

The Guardian - ‘A godsend’: the white Afrikaners lining up to accept Trump’s offer of asylum - 2 hours 43 min ago

SCMP - Trump fires Kamala Harris’ husband Doug Emhoff from Holocaust board - 7 hours 20 min ago

Russia Today - ‘I’d like to be pope’ – Trump - 7 hours 36 min ago

New York Times - Paramount Board Clears Possible Path For Settling Trump’s ‘60 Minutes’ Lawsuit - 7 hours 57 min ago

The Hindu - Trump’s push to save the fading coal industry gets a warm embrace in West Virginia - 19 hours 57 min ago

US Puts India On "Priority Watch List" For Alleged IP Rights Violations
NDTV - 1 hour 3 min ago
The United States has placed India, along with China and Russia, on its "priority watchlist" of countries on its radar for deficiencies and violations of intellectual property rights (IPR).

RELATED:

BBC - Fourteen people killed in India hotel fire - 1 hour 27 min ago

NDTV - "Coming Along Great": Trump On Trade Talks With India - 4 hours 36 min ago

Deutsche Welle - Pakistan accuses India of planning 'military strike' soon - 8 hours 43 min ago

Reuters - India queries Apple, Xiaomi in e-commerce probe of Amazon, Flipkart, sources say - Reuters - 14 hours 48 min ago

COMMENTARY:

Indiatimes - 8 oldest forts in India every history buff must visit - 35 min 20 sec ago

SCMP - Hotel fire in India kills 14, some jumped to escape - 41 min 56 sec ago

The Hindu - Tariff talks with India going great, think will have deal: Trump - 2 hours 21 min ago

The Guardian - India and Pakistan already sweltering in ‘new normal’ heatwave conditions - 2 hours 43 min ago

Russia Today - India planning ‘military strike’ within 24–36 hours – Pakistan - 9 hours 5 sec ago

Investors turn to emerging market debt after Trump tariffs hit U.S. Treasurys
CNBC - 2 hours 49 min ago
Investors have been piling into emerging market bonds amid a U.S. Treasury sell-off whose status as a safe haven has comes under investor scrutiny.

Satya Nadella says as much as 30% of Microsoft code is written by AI
CNBC - 4 hours 45 min ago
Microsoft CEO Satya Nadella on Tuesday said that as much as 30% of the company's code is now written by artificial intelligence.

COMMENTARY:

Indiatimes - Meta introduces Llama API; Nadella says as much as 30% of Microsoft code is written by AI - 37 min 42 sec ago

Waymo, Toyota strike partnership to bring self-driving tech to personal vehicles
CNBC - 6 hours 45 min ago
It comes after Alphabet CEO Sundar Pichai said the company is exploring personal ownership of vehicles with Waymo technology.

UPS to cut 20,000 jobs on reduced Amazon deliveries, as US tariffs weigh - Reuters
Reuters - 8 hours 20 min ago
UPS to cut 20,000 jobs on reduced Amazon deliveries, as US tariffs weigh Reuters

COMMENTARY:

The Straits Times - UPS to cut 20,000 jobs on slashed Amazon deliveries as US tariffs weigh - 7 hours 9 min ago

New York Times - UPS Says It Will Cut 20,000 Jobs in Efficiency Drive - 15 hours 22 min ago

BusinessInsider - UPS says it is cutting 20,000 staff and shuttering over 70 facilities - 19 hours 8 min ago

Bessent says US will weigh China's failure on 'phase one' trade deal from first term in negotiations
FOX Business - 8 hours 34 min ago
Treasury Secretary Bessent said the Trump administration will weigh China's lack of compliance with the "phase one" trade deal from the president's first term in current negotiations.

FOX Business - White House teases US 'very close' to trade deals with Asian partners as Trump hits 100 days in office - 16 hours 48 min ago

COMMENTARY:

Indiatimes - Trump eases auto tariffs burden as Howard Lutnick touts first foreign trade deal - 5 hours 6 min ago

The Guardian - Trump ‘makes trade deal with UK second-order priority’ in blow to ministers - 12 hours 11 min ago

Sweden: Three killed in Uppsala shooting
Deutsche Welle - 8 hours 44 min ago
Swedish police said a masked gunman carried out a shooting that killed three people. The motive of the shooting was as of yet unclear, with police investigating it as a homicide.

COMMENTARY:

The Independent - Three killed in Sweden shooting as police hunt gunman - 12 hours 54 min ago

US Threatens To Quit Russia-Ukraine Effort Unless "Concrete Proposals"
NDTV - 9 hours 18 min ago
Secretary of State Marco Rubio warned Tuesday that the United States would end mediation unless Russia and Ukraine come up with "concrete proposals," as US patience wanes on an early priority for President Donald Trump.

NDTV - Russia Says Waiting For Ukraine's Response On Offer Of Direct Peace Talk - 19 hours 17 min ago

COMMENTARY:

Indiatimes - US threatens to quit Russia-Ukraine effort unless 'concrete proposals' - 1 hour 15 min ago

The Independent - Ukraine-Russia war latest: Putin ally threatens Nato with nuclear strikes in wild speech - 3 hours 19 min ago

Russia Today - Russia and US were on brink of WWIII – Oliver Stone - 9 hours 35 min ago

The Guardian - France says Russian hackers behind attack on Macron’s 2017 presidential campaign - 14 hours 14 min ago

BusinessInsider - North Korea's new warship may have been aided by Russian tech, and it's a worrying development - 14 hours 38 min ago

Consumer confidence plunged to a 5-year low in April
FOX Business - 9 hours 35 min ago
The Conference Board's consumer confidence index declined to its lowest level in five years in April, marking five months of declines and reaching levels not seen since COVID.

CGTN - Cross-border platforms raise cost, tariffs affect consumers' wallets - 22 hours 55 min ago

US stocks close higher; oil drops amid recession fears, trade talks - Reuters
Reuters - 10 hours 8 min ago
US stocks close higher; oil drops amid recession fears, trade talks Reuters

COMMENTARY:

Indiatimes - Retail nightmare incoming? Donald Trump’s trade policies may lead to empty shelves and full-blown recession by June - 17 hours 45 min ago

Amazon Denies Tariff Label Plans After Trump Called to Complain - Bloomberg.com
Bloomberg - 11 hours 3 min ago
Amazon Denies Tariff Label Plans After Trump Called to Complain Bloomberg.com

NDTV - Donald Trump Calls Jeff Bezos After Amazon Reveals Tariffs On Goods - 12 hours 38 min ago

FOX Business - Amazon takes first step toward satellite internet service with successful launch - 13 hours 59 min ago

BBC - White House hits back at Amazon 'plan' to show tariff price rises - 15 hours 22 min ago

COMMENTARY:

The Hindu - Amazon is not planning to break down tariff costs online as White House attacks potential move - 2 hours 39 min ago

The Independent - Trump hails Bezos for scrapping plan to show Amazon shoppers tariff price hikes on products - 9 hours 35 min ago

New York Times - White House-Amazon Spat Culminates in Trump Calling Bezos ‘Very Nice’ - 10 hours 9 min ago

BusinessInsider - Elon Musk's Starlink mints money and has become a geopolitical power tool. No wonder Amazon is splurging on satellites. - 12 hours 16 min ago

New York Post - Saks Fifth Avenue launches storefront on Amazon to sell luxury clothes, products - 14 hours 45 min ago

SCMP - Reported Amazon plan to list tariff costs ‘hostile and political act’: Trump White House - 15 hours 12 min ago

Indiatimes - 'Hostile, political act': White House vs Amazon after tech giant planned to disclose cost of US tariffs on its website - 15 hours 15 min ago

The Guardian - Amazon takes on Musk’s Starlink with launch of first internet satellites - 15 hours 23 min ago

Exclusive: Trump officials eye changes to Biden's AI chip export rule, sources say - Reuters
Reuters - 11 hours 26 min ago
Exclusive: Trump officials eye changes to Biden's AI chip export rule, sources say Reuters

COMMENTARY:

Indiatimes - Trump at 100 days rally: Under Biden we lost $5 billion a day on trade, now we’re making money - 4 hours 53 min ago

The Independent - Trump purging Holocaust Memorial Museum board of Biden appointees – including Doug Emhoff - 6 hours 34 min ago

GM recalls nearly 600K vehicles with 6.2L V8 over risk of possible engine failure
FOX Business - 11 hours 26 min ago
General Motors has a recall underway for almost 600,000 vehicles in the U.S. for a potential problem with certain parts that could make their engines fail.

How does Europe want the Ukraine war to end?
Deutsche Welle - 11 hours 51 min ago
Europe is watching anxiously as Washington warns of a "critical week" for Ukraine. Leaked documents show the US and Europe diverge on how to end the war.

RELATED:

Deutsche Welle - What Ukrainians think about Trump's peace plan - 12 hours 17 min ago

NDTV - How Dogs From Bosnia Are Helping Ukraine Clear Minefields - 21 hours 28 min ago

COMMENTARY:

Indiatimes - Hundreds of North Korean troops killed while fighting Ukraine, Seoul says - 2 hours 32 min ago

SCMP - US threatens to quit Ukraine war mediation effort unless ‘concrete proposals’ - 4 hours 10 min ago

The Independent - Boxing champion Oleksandr Usyk urges Trump to ‘open his eyes’ over the war in Ukraine - 14 hours 51 min ago

Russia Today - Ukraine could be ‘crushed very shortly’ – Trump - 14 hours 53 min ago

Pahalgam Terror Attack 'Deeply Disturbing, Tragic': Imran Khan
NDTV - 11 hours 55 min ago
Pakistan's incarcerated former prime minister Imran Khan on Tuesday termed the Pahalgam terror attack "deeply disturbing and tragic" while saying that India needs to act responsibly.

RELATED:

NDTV - In Call With S Jaishankar, UN Chief Condemns Pahalgam Terror Attack - 13 hours 1 min ago

COMMENTARY:

Indiatimes - Maharashtra man claims terror suspect spoke to him day before Pahalgam attack - 1 hour 17 min ago

Top AI CEOs to testify at Senate hearing convened by Cruz
FOX Business - 12 hours 20 min ago
OpenAI CEO Sam Altman and other artificial intelligence company leaders will testify before a Senate committee chaired by Sen. Ted Cruz, R-Texas, in May.

RELATED:

CNBC - SoFi CEO says fintech bank is bringing back crypto investing - 19 hours 13 min ago

COMMENTARY:

The Hindu - IndusInd Bank shares decline over 3% as CEO Sumant Kathpalia steps down - 26 min 22 sec ago

Indiatimes - 'Blood on window, bullet on street': How Mysuru techie CEO Harshavardhana Kikkeri kills wife and son before taking his own life in US - 33 min 29 sec ago

BusinessInsider - Pfizer's CEO said the company could make 'tremendous investments' in the US if Trump's tariffs go away - 2 hours 12 min ago

New York Post - Goldman Sachs CEO David Solomon warns Trump’s tariffs are forcing CEOs ‘to tighten their belts’ - 11 hours 31 min ago

Nearly 50 Make-A-Wish families become royalty at Walt Disney World
FOX Business - 12 hours 43 min ago
Disney and Make-A-Wish have partnered again for one of their largest events ever, the Once Upon A Wish Party at Walt Disney World resort.

COMMENTARY:

BusinessInsider - Is Disney actually too 'woke'? We asked 12 of the company's most passionate fans - 13 hours 46 min ago

SCMP - Hollywood faces defining moment in China as Disney prepares new releases - 21 hours 13 min ago

Pfizer CEO says tariff uncertainty is deterring further U.S. investment in manufacturing, R&D
CNBC - 13 hours 29 min ago
It comes as drugmakers brace for Trump's levies on pharmaceuticals imported into the U.S. – his administration's bid to boost manufacturing in the country.

COMMENTARY:

The Guardian - China manufacturing activity plummets amid Trump tariff war - 1 hour 13 min ago

The Hindu - Intel attracts interest for test chips using new manufacturing process - 1 hour 55 min ago

SCMP - Trump executive order to relax 25% auto tariffs to revitalise US manufacturing - 16 hours 7 min ago

Oil industry that Trump wants to ‘drill, baby, drill’ has taken a beating since he took office
CNBC - 14 hours ago
U.S. crude oil prices have fallen more than 20% since Trump took office, to below $65 per barrel, making it unprofitable for many companies to drill.

Facebook Parent Meta Platforms Launches Standalone AI Assistant App
NDTV - 14 hours 57 sec ago
Facebook parent Meta Platforms on Tuesday launched a separate app for its Meta AI assistant, similar to those offered by Microsoft-backed OpenAI and Alphabet's Google.

100 days of Trump: US recession looms as bold promises burst
Deutsche Welle - 14 hours 55 min ago
Trump’s first 100 days unleashed chaos with tariffs and executive orders, tanking markets and global trust. As the dust clears, has he strengthened America's hand or deepened economic risks?

RELATED:

CGTN - Beyond recent shifts: Why US dollar supremacy has faded - 19 hours 12 min ago

COMMENTARY:

New York Post - Starbucks posts bigger-than-expected drop in global sales on weak US demand - 9 hours 59 min ago

SCMP - US consumer confidence hits 5-year low amid Trump tariff concerns - 14 hours 43 min ago

Indiatimes - US consumer confidence plunges to lowest in 5 years on tariff worries - 16 hours 22 min ago

UPS cutting 20K jobs due to fewer Amazon shipments
FOX Business - 15 hours 22 min ago
UPS announced it's cutting 20,000 jobs and shuttering 73 of its facilities as it cuts costs as part of a reduction in Amazon shipments, while also facing economic uncertainty.

COMMENTARY:

The Straits Times - ST Picks: Trump’s trade war puts S’pore’s economic growth, jobs at risk: MAS - 9 hours 43 min ago

The Independent - UPS reveals it is cutting 20,000 jobs amid decrease in Amazon deliveries - 11 hours 41 min ago

Indiatimes - April gloom: Americans brace for economic storm as confidence plunges to 2020 lows, with job market fears echoing Great Recession woes - 14 hours 2 min ago

Why is the M&S cyber attack chaos taking so long to resolve?
BBC - 16 hours 39 min ago
The company not saying who carried out the attack - or when their systems will be restored - suggests it's serious.

RELATED:

BBC - Why is the M&S cyber attack chaos taking so long to resolve? - 16 hours 39 min ago

NDTV - Spain's Grid Operator Rules Out Cyberattack As Cause Of Sweeping Blackout - 18 hours 56 min ago

COMMENTARY:

The Guardian - M&S cyber-attack linked to hacking group Scattered Spider - 13 hours 48 min ago

Apple Investors Seek Clarity On Tariffs, AI Strategy As iPhone Sales Decline
NDTV - 17 hours 25 min ago
Apple is expected to face a string of questions over the delayed roll-out of key AI features and the impact of the Sino-U.S. tariff standoff on its business, when it reports results on Thursday.

CGTN - Graphics: Apple's supply chain under pressure from U.S. tariffs - 22 hours 30 min ago

COMMENTARY:

The Straits Times - Apple retains top spot among Singapore’s best employers, with Asia Pacific Breweries at No. 2 - 9 hours 43 min ago

BusinessInsider - 4 key issues everyone will be listening for in Apple's earnings call - 19 hours 38 min ago

US solidifying itself as bitcoin mining hub
FOX Business - 17 hours 43 min ago
Bitcoin miners are flocking to the U.S. where energy is more accessible along with friendly capital markets and a wide pool of talent, according to a new study.

Stock Markets Surge Amid Reports Of US's Tariff Relief To Automakers
NDTV - 18 hours 14 min ago
Stock markets advanced on Tuesday following news that Donald Trump plans to spare automakers from some of his wide-ranging tariffs, boosting hopes of a less combative approach to his trade war.

RELATED:

NDTV - US Man Suffers Rs 68 Lakh Loss In Stock Market: "I Was Devastated" - 19 hours 28 min ago

COMMENTARY:

BusinessInsider - One chart shows why the stock market could be headed for another period of intense volatility - 12 hours 7 min ago

Wall Street banks sell final portion of Elon Musk's X debt, source says - Reuters
Reuters - 18 hours 33 min ago
Wall Street banks sell final portion of Elon Musk's X debt, source says Reuters

COMMENTARY:

BusinessInsider - A Wall Street analyst turned personal trainer uses 3 strategies to get a great workout in as little as 5 minutes - 9 hours 9 min ago

Indiatimes - US stock market today: Dow jumps 230 as Nasdaq slides and S&P stumbles; UPS cuts, Trump tariffs rattle Wall Street in worst 100-day start for markets in 50 years - 15 hours 14 min ago

United Airlines grows highest-end Polaris airport lounge by 50% in battle for wealthy customers
CNBC - 18 hours 41 min ago
United has been expanding its Polaris lounges in Chicago and Newark to fit more customers.

RELATED:

FOX Business - American Airlines sues JetBlue after partnership talks collapse - 19 hours 21 min ago

COMMENTARY:

New York Post - Struggling JetBlue in talks on partnership with United Airlines: report - 7 hours 49 min ago

The Independent - JetBlue to announce partnership with US carrier after deal with American Airlines collapsed in acrimony - 10 hours 52 min ago

BusinessInsider - Over 300 United Airlines passengers were diverted when a faulty sensor told pilots that a cargo door was open - 18 hours 56 min ago