Business News - The Last 24 Hours

Amazon learns a tough lesson in a market bailing on tech. Why we must be patient
CNBC - 36 min 6 sec ago
While reiterating our 1 rating on Amazon, we had no choice but to lower our price target on the selloff over management's massive spending guide.

NDTV - Jeff Bezos-Owned Washington Post Fires Tech Reporter Who Covered Amazon - 15 hours 30 min ago

COMMENTARY:

New York Post - Amazon shares tumble as $200B AI spending spree rattles investors - 35 min 19 sec ago

The Guardian - Amazon reveals plans to spend $200bn in one year day after Bezos guts Washington Post - 1 hour 42 min ago

Indiatimes - Amazon earnings: Amazon stock slides after earnings despite strong AWS results and AI momentum - 3 hours 21 min ago

BusinessInsider - Amazon earnings updates: AWS cloud strength, AI capex in the spotlight - 9 hours 50 min ago

South Korea's Kospi plunges 5%, leading losses in Asia markets after Wall Street tech rout
CNBC - 39 min 12 sec ago
All markets in Asia were in negative territory, with South Korean indexes leading losses.

COMMENTARY:

The Straits Times - Wall Street ends sharply down as AI worries weigh - 2 hours 44 min ago

New York Post - Stocks plunge on AI spending fears as tech rout on Wall Street deepens - 8 hours 3 min ago

Trump says new nuclear treaty needed to replace New START
Deutsche Welle - 46 min 34 sec ago
The expiration of New START treaty has ended the last remaining nuclear arms control agreement between the United States and Russia.

FOX Business - Citi to match federal government's $1K Trump Account contributions for employees' children - 3 hours 2 min ago

BBC - Trump signals US support for Chagos handover deal - 6 hours 55 min ago

CNBC - Trump would decide whether to investigate Fed pick Warsh over refusal to cut rates: Bessent - 7 hours 12 min ago

Deutsche Welle - Why Trump and his Republicans can't take over US elections - 10 hours 19 min ago

Reuters - Nvidia’s ByteDance chip sale hinges on Trump conditions: source - Reuters - 17 hours 59 min ago

COMMENTARY:

Indiatimes - TrumpRx website launched by Trump administration for discounted drugs - 32 min 31 sec ago

The Independent - White House launches discount drug site TrumpRx offering GLP-1 weight loss and other medications at cheaper rates - 1 hour 37 sec ago

New York Post - TrumpRx website launches as prez vows Americans will ‘pay the lowest price’ for medication - 1 hour 3 min ago

SCMP - Trump’s South America threats fizzle as China’s trade surges, powered by Peru port - 1 hour 48 min ago

Russia Today - Trump comments on extending New START treaty - 5 hours 30 sec ago

The Guardian - Trump waters down criticism of UK’s Chagos Islands deal after call with Starmer - 5 hours 29 min ago

New York Times - TrumpRx Is Set to Go Live on Thursday - 7 hours 44 min ago

The Hindu - Nvidia's AI chip sale to ByteDance hinges on conditions set by Trump administration - 18 hours 25 min ago

Trump's nuclear arms control push with Russia hinges on China
BBC - 3 hours 28 min ago
As a treaty with Russia expires, the US president says he can get a better deal. Experts warn that could take years.

RELATED:

NDTV - Trump Urges New Nuclear Treaty After Russia Agreement Ends - 5 hours 13 min ago

BBC - US and Russia agree to resume regular military contact - 7 hours 55 min ago

Deutsche Welle - Russia expels German diplomat in tit-for-tat espionage row - 10 hours 58 min ago

Reuters - Russia's budget deficit may triple amid plunge in oil revenues – Reuters - Українська правда - 20 hours 40 min ago

COMMENTARY:

SCMP - Trump balks at nuclear limit extension, calls for new US-China-Russia deal - 1 hour 15 min ago

Indiatimes - LIVE| ‘What next as US-Russia NEW START Treaty over’? Karoline faces media; updates on DHS funding - 5 hours 53 min ago

Russia Today - US and Russia negotiating New START deal – Axios - 9 hours 7 min ago

The Independent - Russia kicks out another diplomat amid ‘spy mania’ claims - 10 hours 31 min ago

The Guardian - Russian container ship captain jailed for six years over fatal North Sea collision - 11 hours 51 min ago

Washington Post - As West goes after Russia’s oil fleet, Moscow fears for its war funding - 15 hours 18 min ago

BusinessInsider - American, Chinese, and Russian fighters flew in a rare triple appearance. Here's how their performances compared. - 20 hours 15 min ago

Exclusive: Mexico seeking way to send fuel to Cuba without being hit by US tariffs, sources say - Reuters
Reuters - 4 hours 6 min ago
Exclusive: Mexico seeking way to send fuel to Cuba without being hit by US tariffs, sources say Reuters

Deutsche Welle - South Korea stunned by Trump's latest tariff hike - 10 hours 19 min ago

NDTV - India-US Deal, With 18% Reciprocal Tariff, To Be Signed Next Week: Sources - 17 hours 38 min ago

COMMENTARY:

Indiatimes - Mexico seeking way to send fuel to Cuba without being hit by US tariffs, sources say - 28 min 29 sec ago

SCMP - Coupang data leak threatens South Korea-US ties amid tariff tensions - 1 hour 18 min ago

The Independent - When will Americans receive Trump’s promised $2,000 tariff checks? Even the president isn’t quite sure - 20 hours 27 min ago

White House to launch direct-to-consumer drug site Trump Rx. Here's what to know
CNBC - 4 hours 54 min ago
It's still unclear if all patients, particularly those with insurance coverage, will see more cost savings from using that site to buy their medicines.

Google plans to spend big as AI race with rivals intensifies
FOX Business - 5 hours 42 min ago
Google said returns from its AI push are strengthening growth in search, cloud and enterprise products, as Alphabet signals a major increase in AI-related capital spending.

NDTV - Google's Annual Revenue Tops $400 Billion For First Time, AI Investments Rise - 19 hours 44 min ago

COMMENTARY:

Indiatimes - Google Pixel 10a: Check leaked specs, price and launch date in India - 17 hours 50 min ago

The Hindu - Google’s quarterly results paint a picture of an internet powerhouse getting stronger in AI age - 21 hours 19 min ago

'No Such Meeting Took Place': India On Reports Of Doval, Rubio Meeting
NDTV - 6 hours 23 min ago
The Ministry of External Affairs on Thursday slammed the media report, alluding a meeting between National Security Advisor Ajit Doval and US Secretary of State Marco Rubio, calling it baseless.

COMMENTARY:

Indiatimes - Trump claims again that he stopped war between India, Pakistan - 25 min 7 sec ago

SCMP - 18 dead, 8 injured in explosion at illegal India coal mine, police say - 7 hours 58 min ago

World Economic Forum Investigates Its CEO Over Links With Epstein
NDTV - 6 hours 48 min ago
The World Economic Forum has launched an independent investigation into its CEO Borge Brende to clarify his relationship with sex offender Jeffrey Epstein, the organisation said on Thursday.

COMMENTARY:

The Guardian - Rape allegation against ex-Barclays CEO Jes Staley was raised in US Epstein investigation - 6 hours 49 min ago

Indiatimes - Global CEOs, diplomats to take stage at ET NOW Global Business Summit 2026 - 7 hours 17 min ago

New York Post - Disney exec Dana Walden’s friendship with Kamala Harris may have hurt her chances of becoming CEO: report - 7 hours 24 min ago

AllAfrica - Liberia: Ivanhoe Atlantic CEO Quits As Guinea Roadblocks Threaten Liberia Rail Deal - 8 hours 46 min ago

BusinessInsider - Taco Bell's CEO says the chain's 'magic formula' is fueling growth as rivals fall flat - 16 hours 4 min ago

The Straits Times - OCBC’s billionaire owners seen posing challenge for new CEO Tan Teck Long - 17 hours 12 min ago

Bangladesh Rushes For 'Secret' US Trade Deal After India's Tariff Gains
NDTV - 7 hours 3 min ago
The United States and Bangladesh are set to sign a trade agreement on February 9, just 72 hours before the national election on February 12. The deal has faced significant criticism because of secrecy surrounding its terms.

RELATED:

NDTV - "Required A Call From PM": S Jaishankar's Son On India-US Trade Deal - 15 hours 15 min ago

CNBC - CNBC's Inside India newsletter: The facts — and frictions — of the U.S.-India trade deal - 16 hours 2 min ago

COMMENTARY:

Indiatimes - Morning brief podcast: Indo-US trade deal: Strategy or surrender? - 29 min 49 sec ago

The Hindu - India-U.S. trade deal provides much-needed macro predictability: Nasscom U.S. CEO Forum - 8 hours 44 min ago

SCMP - Malaysia clarifies Trump trade deal: no exclusive rare earth rights for US - 16 hours 34 min ago

Winklevosses’ Gemini to Cut 25% of Jobs, Shutter Europe Business - Bloomberg
Bloomberg - 7 hours 14 min ago
Winklevosses’ Gemini to Cut 25% of Jobs, Shutter Europe Business Bloomberg

COMMENTARY:

New York Post - January layoffs hit highest level since 2009 as monthly job cuts surge - 3 hours 10 min ago

BusinessInsider - Workday cuts 400 jobs as software stocks tumble - 7 hours 46 min ago

Bitcoin Mining Revenue Gauge Falls to Record Low During Selloff - Bloomberg
Bloomberg - 7 hours 32 min ago
Bitcoin Mining Revenue Gauge Falls to Record Low During Selloff Bloomberg

RELATED:

CNBC - Bitcoin briefly drops below $70,000 as sell-off continues - 13 hours 34 min ago

COMMENTARY:

Indiatimes - Why is Bitcoin price down by 28% this year and will BTC USD crash below $63,295? Cryptocurrency fall, analysts insights and market outlook explained. Here's what should investors do now - 1 hour 57 min ago

New York Post - Winklevoss twins’ Gemini crypto exchange cuts 25% of workforce as bitcoin slumps - 3 hours 43 min ago

New York Times - Bitcoin Price Drops as Crypto Industry Faces Another Slump - 4 hours 4 min ago

BusinessInsider - Bitcoin is in 'full capitulation mode' as the token tumbles below $70,000 - 9 hours 50 sec ago

SCMP - Bitcoin dips below US$70,000, wiping out gains since Trump election win amid Warsh Fed fears - 11 hours 46 min ago

Russia and Ukraine exchange prisoners as peace talks end without breakthrough
BBC - 7 hours 56 min ago
The swap - the first since October - sees 157 Ukrainians and 160 Russians returned home.

RELATED:

NDTV - Russia, US Agree To Resume Military Contacts At Ukraine Talks - 9 hours 21 min ago

Deutsche Welle - Ukraine updates: POW swap deal reached at Abu Dhabi talks - 20 hours 20 min ago

COMMENTARY:

Russia Today - NATO state opposes ‘Article 5-like’ guarantees for Ukraine – Politico - 9 hours 39 min ago

The Guardian - Second day of Ukraine-Russia peace talks in UAE end without breakthrough - 10 hours 59 min ago

Indiatimes - President Zelenskyy says 55,000 Ukrainian soldiers have died fighting Russia's invasion - 12 hours 53 min ago

The Independent - Ukraine-Russia: Zelensky says 55,000 Ukrainian soldiers killed in war as Kremlin vows to fight on - 20 hours 24 min ago

SCMP - Historian on Trump’s new world order, Ukraine war and a Europe in crisis - 20 hours 57 min ago

Exclusive: ECB to open up liquidity line to more countries in push for bigger euro role - sources - Reuters
Reuters - 8 hours 43 min ago
Exclusive: ECB to open up liquidity line to more countries in push for bigger euro role - sources Reuters

RELATED:

CNBC - ECB holds rates but it's not a 'non-event,' economists say. Here's why - 11 hours 52 min ago

26-Year-Old Woman CEO And Forbes 30 Under 30 Recipient Charged With Fraud
NDTV - 9 hours 32 min ago
Turkish entrepreneur Gokce Guven, founder and CEO of fintech startup Kalder, has been charged with multiple counts of fraud, including securities fraud and visa fraud, by the US Department of Justice.

COMMENTARY:

Indiatimes - 'Billions sent to support Al-Shabaab': Sen. Cruz drops bombshell at Minnesota Somali fraud hearing - 7 hours 32 min ago

The Independent - Jesse Jackson Jr. pitches redemption in bid for old House seat years after campaign fraud conviction - 20 hours 13 min ago

Jim Cramer's top 10 things to watch in the stock market Thursday
CNBC - 11 hours 2 min ago
The S&P 500 was headed for a much lower open. Bitcoin fell below $70,000 for the first time since Nov. 2024.

COMMENTARY:

Indiatimes - Why Alphabet (GOOGL) stock crashed today, Feb 5: what happened to Alphabet shares as the US stock market turned deep in red - 9 hours 44 min ago

The Independent - Why Elon Musk’s xAI mega-merger could hurt the SpaceX stock market launch - 9 hours 55 min ago

The Hindu - Stock markets snap three-day rally; Sensex tumbles 504 points - 13 hours 55 min ago

The Straits Times - SGX first-half profit up 0.8% to $342.7 million on robust stock market activity - 23 hours 10 min ago

Divorce, Hedge-Fund Style: Inside the Breakup at Two Sigma - Bloomberg
Bloomberg - 14 hours 8 min ago
Divorce, Hedge-Fund Style: Inside the Breakup at Two Sigma Bloomberg

COMMENTARY:

BusinessInsider - Here's how hedge funds like Citadel, Point72, and Millennium performed in January - 7 hours 4 min ago

Italy foils 'Russian cyber-attacks' at Winter Olympics
BBC - 14 hours 10 min ago
Italy has foiled "Russian origin" cyber-attacks targeting the Winter Olympics, says Foreign Minister Antonio Tajani.

Exclusive: Syngenta plans Hong Kong listing worth up to $10 billion, sources say - Reuters
Reuters - 15 hours 35 min ago
Exclusive: Syngenta plans Hong Kong listing worth up to $10 billion, sources say Reuters

COMMENTARY:

SCMP - Is Hong Kong barking up the wrong tree with dog-friendly restaurants? - 48 min 24 sec ago

Oil giant Shell posts weakest quarterly profit in nearly five years as crude prices slide
CNBC - 17 hours 49 min ago
The results come as lower oil prices force European energy majors to confront some tough choices this earnings season.

COMMENTARY:

The Hindu - IndianOil’s Q3 profits more than quadruple amidst favourable oil prices - 13 hours 24 min ago

Man charged with terrorism over attack targeting Aboriginal Australians at protest
BBC - 18 hours 47 min ago
Accused allegedly threw a homemade bomb at a crowd which had gathered to protest Australia Day.

COMMENTARY:

Indiatimes - Who is Ishan Tharoor? Shashi Tharoor’s son who publicly questioned him on Operation Sindoor and Pahalgam terror attack - 21 hours 1 min ago

"Russia Oil Sanctions Not By UN": Top Economist To NDTV On Trump's India-US Deal Claim
NDTV - 19 hours 51 min ago
Economist, United Nations advisor, and Columbia University professor Jeffrey Sachs believes that the announcement of the India-US trade deal is a sign of US President Donald Trump backing down from his trade wars all over the world.

COMMENTARY:

The Independent - UK sanctions paramilitary group leaders over atrocities in Sudan - 12 hours 26 min ago

The Guardian - Sanctions having ‘significant impact’ on Russian economy, says EU special envoy - 20 hours 18 min ago

China's Hong Kong-listed tech stocks enter bear market as tax ands AI fears take hold
CNBC - 21 hours 20 min ago
Chinese technology stocks have slid into bear market territory, marking a sharp reversal from last year's rally.

COMMENTARY:

The Guardian - Scaling back the capital gains tax discount might not help housing affordability – but there are still good reasons to do it - 1 hour 37 min ago

Indiatimes - ‘Plundering US tax payers’: Democrats tears into Bessent over TARIFFS, housing, INFLATION in hearing - 4 hours 47 min ago

AllAfrica - Nigeria: Tax Reform Is Policy, Not Politics - 16 hours 6 min ago

"No Issues": Air India Re-Inspects Fuel Control Switch Across Boeing Dreamliners
NDTV - 22 hours 40 min ago
The Fuel Control Switches across all operational Boeing 787 aircraft in the Air India fleet were found to have no issues, the carrier said.