Business News - The Last 24 Hours

U.S. crude oil prices rise nearly 1%, extend gains to above $71 per barrel
CNBC - 14 min 19 sec ago
Traders increasingly view a supply disruption in the Middle East due to Israel-Iran tensions as unlikely.
COMMENTARY:
BusinessInsider - 2 of the world's biggest oil producers are looking for new ways to power their economies - 9 hours 21 min ago



Seoul alarmed over Trump wanting billions more for US troops
Deutsche Welle - 1 hour 33 min ago
North Korea is ready to use any cracks between Washington and Seoul, and Donald Trump's recent comments about South Korea being a "money machine" are already straining the alliance.
RELATED:
BBC - Why Trump is courting old friends from the WWE - 4 hours 52 min ago
NDTV - Watch: Trump's Heartfelt Interaction With Indian Couple At McDonald's - 7 hours 34 min ago
Deutsche Welle - US: Campaigning in key swing states; Trump faces new lawsuit - 10 hours 7 min ago
FOX Business - Harris surrogate Mark Cuban tells CNBC he'd work with Trump administration if asked - 13 hours 4 min ago
CNBC - Trump plan would make Social Security insolvent in just 6 years, budget group says - 17 hours 22 min ago
Reuters - Harris, Trump in dead heat across swing states in Washington Post poll - Yahoo! Voices - 20 hours 4 min ago
COMMENTARY:
Russia Today - EU bracing for trade war with Trump – Politico - 26 min 51 sec ago
The Independent - Trump cashes in on McDonald’s stunt with new ‘MAGADonald’s’ merch - 1 hour 35 min ago
BusinessInsider - The vulnerable GOP congressman convinced that economic interest voters will save him from the Trump and abortion backlash - 1 hour 46 min ago
Indiatimes - Donald Trump courts Christian voters, days after vulgar remarks at a rally - 2 hours 12 min ago
SCMP - Waiting for Trump? How EU’s China policy anticipates his return to the White House - 8 hours 4 min ago
The Guardian - Trump courts Christian vote and says ‘God saved me for a purpose’ - 10 hours 43 min ago
New York Times - How Trump’s Stop at McDonald’s Was Covered by Partisan Media - 16 hours 19 min ago



World’s largest sovereign wealth fund posts $76 billion in quarterly profit as interest rates fall
CNBC - 1 hour 45 min ago
Norway's gigantic sovereign wealth fund on Tuesday reported third-quarter profit of 835 billion Norwegian kroner ($76.3 billion).



Boeing strike costliest in economic damage so far in 2024
FOX Business - 2 hours 4 min ago
Boeing and its striking union machinists have reached a tentative deal that could end the work stoppage, which analysts say has been the most costly of 2024.
RELATED:
CNBC - Boeing machinists to vote on new proposal with 35% raises that could end strike - 22 hours 11 min ago



Harris leads Trump by 20 points with younger Americans, new CNBC Generation Lab survey finds
CNBC - 2 hours 5 min ago
Vice President Kamala Harris now holds a 20 point lead former President Trump when it comes to younger voters between 18 and 34
RELATED:
NDTV - Kamala Harris, Donald Trump Pick Up Pace In Final Stages Of US Election - 9 hours 2 min ago
CNBC - Harris, Liz Cheney tour battleground states to reach Republicans down on Trump - 9 hours 29 min ago
Deutsche Welle - US election: Harris and Trump campaign in key swing states - 10 hours 7 min ago
FOX Business - US oil industry trolls Kamala Harris’ fracking flip-flop flip-flop: ‘Got it?’ - 10 hours 52 min ago
BBC - Donald Trump has a small fries issue with Kamala Harris - 18 hours 56 min ago
COMMENTARY:
Indiatimes - Harris holds 46%-43% lead over Trump amid voter gloom, Reuters/Ipsos poll finds - 1 hour 31 min ago
The Independent - New polls show Trump losing edge over Harris on economy two weeks out from Election Day: Live updates - 4 hours 28 sec ago
Sydney Morning Herald - Polls show movement towards Trump, but Harris has a bright spot - 4 hours 52 min ago
BusinessInsider - Mark Cuban says the election is now a battle between Kamala Harris and Elon Musk, not Donald Trump - 10 hours 52 min ago
The Guardian - Harris and Cheney talk economy, women’s health and Trump in Michigan campaign event – as it happened - 11 hours 54 min ago
New York Post - Billionaire Kamala Harris fundraiser Marc Lasry accuses former hedge fund exec of trying to blackmail him for $50M: lawsuit - 13 hours 21 min ago
SCMP - Where Kamala Harris and Donald Trump are likely to diverge on Southeast Asia - 14 hours 4 min ago
Russia Today - Harris faces backlash over ‘insulting’ ad - 20 hours 24 min ago



HSBC splits bank between East and West in major overhaul
BBC - 2 hours 30 min ago
Pam Kaur is the first woman in the banking giant's 159-year history to become its chief financial officer.
RELATED:
CNBC - HSBC names Pam Kaur as first female CFO amid major restructuring - 5 hours 41 min ago
COMMENTARY:
The Guardian - HSBC divides into four businesses in major overhaul of operations - 3 hours 56 min ago
The Straits Times - HSBC merges commercial and institutional banking in biggest overhaul; appoints first female CFO - 6 hours 44 min ago
Indiatimes - HSBC appoints Pam Kaur as first female CFO; announces restructuring - 7 hours 9 min ago



NDTV World Summit: When Is Groww IPO Expected? CEO Lalit Keshre Answers
NDTV - 2 hours 53 min ago
Mutual funds remain the most attractive investment tool for retail investors and a lot of innovation is happening in this area, said Groww co-founder and CEO Lalit Keshre at the NDTV World Summit on Tuesday. Mr Keshre, who started Groww in 2016 with three other co-founders, spoke about the tremendous rise in retail investing in India and what led to this significant increase in investors' trust, during a fireside chat on Day 2 of the summit. Growth in equity investments Mr Keshre credited ...
RELATED:
CNBC - Hyundai Motor India's shares set to start trading after the country's largest IPO - 9 hours 49 min ago
Reuters - Genesys confidentially files for US IPO as AI boom drives demand - Reuters - 18 hours 29 min ago
COMMENTARY:
Indiatimes - Watch | Hyundai management on plans after mega IPO, stock falls 5% after listing - 4 hours 18 min ago
The Hindu - Atal tunnel builder Afcon Infrastructure to raise ₹5,430 crore via IPO on October 25 - 21 hours 23 min ago



Ukraine updates: Russian attacks kill 3, including child
Deutsche Welle - 3 hours 13 min ago
Authorities in eastern Ukraine said Russian drone attacks targeted civilian areas overnight. Meanwhile Moscow has invited world leaders, including UN chief Guterres, to an expanded BRICS+ summit. Follow DW.
RELATED:
NDTV - Russian, North Korean Flags Seen On Ukraine Battlefield: Report - 3 hours 18 min ago
Deutsche Welle - Ukraine updates: Russia hosts BRICS summit in Kazan - 8 hours 3 min ago
BBC - UK to boost Ukraine funding using £2bn from Russian assets - 8 hours 11 min ago
Associated Press - North Korean troops are joining Russia's war in Ukraine. Here's what we know - SBS News - 12 hours 22 min ago
COMMENTARY:
Indiatimes - India ready to play 'whatever role' for peace between Russia-Ukraine, says PM Modi - 1 hour 6 min ago
Russia Today - West should consider placing ‘conventional deterrence’ in Ukraine – France - 4 hours 26 min ago
SCMP - North Korea UN representative denies Pyongyang sent troops to Russia to fight Ukraine - 5 hours 57 min ago
The Independent - Ukraine-Russia live: Kyiv outraged by UN chief’s ‘trip to meet Putin’ as Russian commander killed with hammer - 7 hours 24 min ago
The Guardian - UK to lend Ukraine an additional £2.26bn for weapons to fight Russia - 13 hours 3 min ago
Wall Street Journal - Pentagon Chief, in Surprise Visit to Ukraine, Announces New Aid but Not Kyiv's Main Asks - 18 hours 38 min ago



Russia's Putin hosts expanded BRICS summit
Deutsche Welle - 3 hours 18 min ago
Russia invited dozens of world leaders, along with UN chief Guterres, to BRICS+ summit in a bid to show that Moscow is not isolated on the global stage over its war in Ukraine.
RELATED:
Reuters - Putin hosts BRICS summit in Russia under shadow of Ukraine war - Reuters - 10 hours 56 min ago
BBC - Putin gathers allies to show West pressure isn’t working - 13 hours 4 min ago
NDTV - Alexei Navalny's Wife Plans Political Run After Putin Regime's Fall: Report - 23 hours 47 min ago
COMMENTARY:
The Independent - South Korea warns it could arm Ukraine amid fears of Putin Kim Jong Un weapon swap - 20 min 23 sec ago
Indiatimes - PM Modi holds bilateral talk with Putin in Kazan, says 'conflicts should be resolved peacefully...' - 34 min 54 sec ago
BusinessInsider - Putin's expanded BRICS summit proves he has friends — but risks buckling under its own contradictions - 2 hours 27 min ago



"Trying To Restore Trust": Army Chief On India-China Patrolling Deal
NDTV - 3 hours 50 min ago
The Indian military is "trying to restore trust" in its Chinese counterpart, Chief of Army Staff General Upendra Dwivedi said Tuesday afternoon, a day after India and China reached a patrolling agreement along the Line of Actual Control - the de facto border between the two nations. "This (rebuilding of trust) will happen once we are able to see each other, and convince and reassure each other, that we are not creeping into buffer zones that have been created," the General said. The Army c ...
RELATED:
NDTV - UNSC Seat For India, G7's Diminishing Power: What Ex Diplomat Kishore Mahbubani Said - 5 hours 18 min ago
Reuters - India considers imports of Mongolian coking coal via Russia, source says - Reuters - 23 hours 46 min ago
COMMENTARY:
Wall Street Journal - India-China Ties May See Thaw After Border Skirmish Froze Relations - 13 min 7 sec ago
Indiatimes - India-China Disengagement: Chinese Foreign ministry confirms resolution pact on border patrolling - 27 min ago
SCMP - US demands swift result, accountability from India over foiled Sikh separatist murder plot - 1 hour 25 min ago
The Hindu - India well positioned to capitalise on new growth opportunities: Nirmala Sitharaman - 6 hours 13 min ago
The Guardian - Tuesday briefing: Canada puts India ‘on notice’ as row over alleged killing of Sikh activists escalates - 6 hours 20 min ago



Russia pushes 'new world order' agenda as it hosts beefed-up BRICS summit
CNBC - 4 hours 15 min ago
Russia is rolling out the red carpet to its allies on Tuesday as it hosts the latest BRICS summit in a show of strength to the West.
RELATED:
NDTV - Don't Risk War With Russia: Georgia's Richest Person Tells Voters - 5 hours 56 min ago
BBC - Seoul wants North Korean troops to leave Russia immediately - 21 hours 39 min ago
COMMENTARY:
Indiatimes - Dhol, dance and devotion: PM Modi gets grand welcome from Russian nationals in Kazan. Watch video - 15 min 51 sec ago
Russia Today - Russian LNG on the rise in EU – report - 45 min 57 sec ago
The Independent - South Korea calls for immediate withdrawal of North Korean troops in Russia - 7 hours 1 min ago
SCMP - Russia investigates claimed shoot-down of cargo plane in Sudan - 9 hours 15 min ago
The Guardian - Alexander Rodnyansky: Oscar-nominated producer sentenced to jail in Russia in absentia - 9 hours 56 min ago
Sydney Morning Herald - Moldova chooses EU over Russia in ‘unfair fight’ involving vote buying - 10 hours 46 min ago
Wall Street Journal - In Moldova, a Pro-Russian Oligarch With a Criminal Past Tries to Derail Path to Europe - 19 hours 44 min ago



Aboriginal protester arrested as crowds greet King and Queen on Sydney tour
BBC - 5 hours 7 min ago
The man was arrested for yelling slogans echoing those an Australian senator aimed at the King on Monday.
RELATED:
BBC - Aboriginal protester arrested during King's Sydney tour - 8 hours 35 min ago



Sundar Pichai On Why Google Invests So Heavily On Free Meals To Employees
NDTV - 5 hours 15 min ago
Google CEO Sundar Pichai has revealed why the company invests so heavily in its famous free meal policy. Contrary to popular belief, Mr Pichai explained these meals were not just perks, adding they served a deeper purpose. "I can recall several times, when I was working at Google early on, being in cafes, meeting someone else, talking and getting excited about something. So, it sparks creativity," Mr Pichai shared in an interview on Bloomberg's The David Rubenstein Show. Sundar Pichai, who ...
COMMENTARY:
BusinessInsider - Meet the 17 people in the $100 billion club — who are jointly worth more than Amazon or Google - 2 hours 11 min ago
Indiatimes - Rs 25 lakh pay per month not enough? Google techie's paycheck-to-paycheck survival shocks social media - 3 hours 18 min ago
The Hindu - Honeywell partners with Google to integrate data with generative AI - 7 hours 15 min ago



Wall Street Journal Sues Perplexity AI For Copyright Infringement
NDTV - 5 hours 39 min ago
The Wall Street Journal and the New York Post filed a lawsuit in a US court on Monday against AI company Perplexity AI, alleging massive copyright infringement and trademark violations. Perplexity is one of Silicon Valley's hottest startups, whose AI powered search engine is often mentioned as a potential disruptor to Google. The lawsuit in a federal court in New York accuses Perplexity of illegally copying and reproducing copyrighted content from The Wall Street Journal and the New York Post ...
RELATED:
CNBC - General Motors is set to report earnings before the bell. Here's what Wall Street expects - 8 hours 4 min ago
COMMENTARY:
BusinessInsider - Wall Street is divided on the future of stocks. Here are bull and bear cases from the biggest banks. - 2 hours 20 min ago
The Straits Times - Wall Street Journal sues Perplexity AI for copyright infringement - 9 hours 19 min ago
New York Post - NY Post, Wall Street Journal sue Jeff Bezos-backed Perplexity AI for ripping off content - 17 hours 34 min ago



Economists see UK cutting interest rates more substantially as inflation pressures ease
CNBC - 6 hours 31 min ago
Economists at Goldman Sachs forecast the Bank of England's key rate falling to 2.75% by November, well below market pricing.
COMMENTARY:
The Guardian - UK interest rates to fall to 2.75% by next autumn, Goldman Sachs predicts - 20 hours 58 min ago



Fed Cuts: Helter-Skelter in Bond Markets as Doubts Harden - Bloomberg
Bloomberg - 7 hours 43 min ago
Fed Cuts: Helter-Skelter in Bond Markets as Doubts Harden  Bloomberg



59 People In Hong Kong Tricked Into Undressing During Video Chats
NDTV - 9 hours 45 min ago
In the past week, an alarming extortion scam has targeted 59 Hong Kong residents, including four women, resulting in losses exceeding HK$1.9 million (US$244,430), South China Morning Post reported. According to the police, who revealed the figures on their CyberDefender Facebook page, the scam typically involves extortionists - often women - luring male victims into undressing during video chats and then secretly recording the acts. The scammers then use the footage to coerce victims into pay ...
COMMENTARY:
SCMP - Hong Kong inmate denied early release under security law ‘treated unfairly’, court told - 54 min 22 sec ago



Serious Fraud Office probe £112m Unite union hotel
BBC - 14 hours 12 min ago
Unite spent £112m of its members’ money on the project in Birmingham, the BBC has been told.
RELATED:
BBC - Serious Fraud Office probe £112m Unite union hotel - 20 hours 2 min ago
COMMENTARY:
The Guardian - Major fraud investigation under way into £112m hotel built by Unite union - 17 hours 44 min ago
Indiatimes - ICICI Bank warns customers about rising parcel fraud scams: Use these tips to stay safe - 19 hours 50 min ago



Chamber of Commerce wades into election season by spotlighting risk of 2025 tax hikes
FOX Business - 15 hours 38 min ago
The U.S. Chamber of Commerce is wading into the tax policy debate in the lead-up to Election Day, as Congress faces a debate over taxes set to automatically increase at the end of 2025.
RELATED:
CNBC - Don't wait to find a tax preparer for 2025: Why one expert would '100% recommend starting now' - 16 hours 25 min ago
COMMENTARY:
Russia Today - South American state to dissolve tax authority - 2 hours 23 min ago
The Guardian - Cross-party MPs urge Reeves to impose 2% tax on wealth above £10m - 7 hours 4 min ago
SCMP - Mexico’s new government considers tax incentives to lure foreign companies - 18 hours 51 min ago
BusinessInsider - Try this higher-interest, lower-tax alternative to CDs while rates are still high - 19 hours 45 min ago
Indiatimes - SC admits appeal by Dept of State Tax in Siddheshwar Industries insolvency case - 21 hours 36 min ago



Elon Musk, Tesla and WBD sued over alleged 'Blade Runner 2049' AI ripoff for Cybercab promotion
CNBC - 16 hours 27 min ago
The producer of the "Blade Runner" sequel called Elon Musk "problematic." The Tesla boss is backing Donald Trump in the 2024 election.
COMMENTARY:
BusinessInsider - Elon Musk's robotaxi ambitions meet ongoing scrutiny over Tesla's self-driving system - 1 hour 4 min ago
SCMP - Elon Musk sued for using Blade Runner imagery in Tesla robotaxi event - 9 hours 20 min ago
Indiatimes - Elon Musk to run for Presidency in 2028? Tesla boss reveals why he can't become US President - 19 hours 2 min ago



Why mortgage rates are going up despite the Fed's interest rate cut
FOX Business - 18 hours 12 min ago
Mortgage rates are increasing in recent weeks despite the Federal Reserve's decision to cut interest rates last month for the first time in four years.



Disney makes the right pick to lead board as it searches for next CEO
CNBC - 18 hours 19 min ago
Former Morgan Stanley CEO James Gorman has experience in succession planning.
RELATED:
FOX Business - Disney names next chairman, new CEO to be announced in 'early 2026' - 19 hours 29 min ago
CNBC - Disney will name Bob Iger's replacement in early 2026; James Gorman to become board chair next year - 23 hours 34 min ago
COMMENTARY:
BusinessInsider - The career rise of Bob Iger, from local weatherman to Disney's repeat CEO - 19 hours 33 min ago
The Guardian - Disney says it will name CEO Bob Iger’s second successor in 2026 - 20 hours 26 min ago
The Independent - Shakeup at the top of Disney: New chairman named with new CEO expected in 2026 - 21 hours 21 min ago
New York Post - Disney names ex-Morgan Stanley CEO James Gorman its next chairman, aims to pick Bob Iger successor in 2026 - 22 hours 58 min ago
Indiatimes - Disney names James Gorman as new chairman, to announce next CEO in early 2026 - 23 hours 25 min ago
New York Times - Disney Names James Gorman Chairman, Sets ‘Early 2026’ for C.E.O. Change - 23 hours 34 min ago



Do real estate agents have to disclose if someone died in a house? Here's how to find out
CNBC - 18 hours 28 min ago
Disclosure laws around stigmas will depend on where you are buying a home. If a home's history matters to you in your home purchase, here's what to do.



Why Switch To Electric Vehicles 'Makes Sense'? Charge Zone CEO Explains
NDTV - 18 hours 36 min ago
Kartikey Hariyani, the founder and CEO of Electric vehicle (EV) charging network Charge Zone, while speaking at NDTV World Summit 2024, explained why switching to EV makes Sense. "In India, the purpose of an EV or a car is for personal mobility. 80 percent of the mobility requirement of an Indian consumer is less than 51 k a day. So, with this stat, EV becomes a natural choice for adoption but it also (poses) a question whether the cost makes sense. Then as an individual consumer, you will sa ...
RELATED:
CNBC - Fortune 500 CEO 'always' asks her employees this question—Harvard expert says it's great leadership: 'Well done' - 23 hours 6 sec ago
COMMENTARY:
The Hindu - Apple CEO visits China for second time this year as sales slump - 2 hours 14 min ago
Indiatimes - Why poor people getting poorer? Australian CEO blames 'poverty thinking' for it - 2 hours 31 min ago
BusinessInsider - I'm the CEO of a recruitment company. Here's how we can tell someone used AI on a job application. - 2 hours 53 min ago
The Straits Times - WiseTech CEO settles bankruptcy case with former lover as scandal wipes billions from company - 9 hours 40 min ago



Biden extends student loan payment pause by 6 months for 8 million SAVE plan borrowers
CNBC - 19 hours 5 min ago
Student loan payments for some 8 million borrowers will remain on pause for six months or longer, a spokesperson for the U.S. Department of Education said. 
RELATED:
Reuters - Biden White House proposes insurance cover OTC birth control at no cost - NBC News - 19 hours 52 min ago
COMMENTARY:
SCMP - Senators want Biden administration review of undersea cable vulnerabilities - 12 hours 43 min ago
The Independent - Jill Biden says it was the ‘right call’ for her husband to drop out of 2024 campaign - 14 hours 50 min ago
The Guardian - Jill Biden admits husband Joe made ‘right call’ by exiting presidential race - 18 hours 31 min ago
Indiatimes - White House: Biden 'deeply concerned' about release of documents on Israel's possible attack plans - 19 hours 4 min ago



Everything You Need To Know About The US Presidential Candidates
NDTV - 19 hours 24 min ago
Republican former President Donald Trump will face Vice President Kamala Harris in the November 5 US presidential election after Democratic President Joe Biden ended his reelection bid. Several third-party hopefuls are also running. Here are the candidates. DEMOCRATIC PARTY KAMALA HARRIS Harris, 60, won the Democratic Party's nomination after Biden ended his reelection bid, allowing Democrats to present a renewed American vision in contrast to Trump's agenda as they seek to revive th ...
RELATED:
Deutsche Welle - Obama, Trump, Biden: Presidential impact on the US economy - 19 hours 53 min ago
COMMENTARY:
Indiatimes - Finance minister Nirmala Sitharaman calls on US investors to tap opportunities in India - 19 hours 34 min ago



"Truly Historic": Egypt Certified Malaria-Free By WHO After 100-Year Effort
NDTV - 21 hours 25 min ago
Egypt has officially been declared malaria-free, with the World Health Organization (WHO) hailing the achievement as "truly historic" after nearly a century of dedicated efforts to eradicate the disease, the BBC reported.  "Malaria is as old as Egyptian civilization itself, but the disease that plagued the pharaohs now belongs to its history," said WHO Director-General Tedros Adhanom Ghebreyesus. Egypt began its fight against the mosquito-borne infectious disease almost 100 years ago. Cer ...



Nvidia, Google, Microsoft and more head to Las Vegas to tout health-care AI tools
CNBC - 22 hours 54 min ago
Tech companies are in Las Vegas this week to talk health-care AI at the HLTH conference.
COMMENTARY:
The Straits Times - Microsoft rolls out ‘AI agents’ for business that can handle customer service, supply management - 12 hours 12 min ago
BusinessInsider - Marc Benioff says Microsoft rebranding Copilot as AI 'agents' shows they're in 'panic mode' - 13 hours 8 min ago
The Guardian - Microsoft introduces ‘AI employees’ that can handle client queries - 19 hours 6 min ago



BizFocus Ep. 111: Debut economy drives spending in China
CGTN - 22 hours 58 min ago
Editor's Note: CGTN launches a new series called BizFocus, where anchors and reporters explore the most vibrant business sectors and events in China. Through in-depth interviews with industry experts and on-the-ground coverage, we bring you the latest developments and trends in various business sectors.China's beloved animation series "Boonie Bears" is expanding its reach. The world's first "Boonie Bears"-themed shopping mall has opened in Shenzhen, Guangdong Province and it's attracting many ne ...
COMMENTARY:
SCMP - Xi Jinping makes economic-centric instructions to spur China’s growth - 1 hour 34 min ago
AllAfrica - Ethiopia: Economic Reform Spurs Chinese Investment, Job Creation in Eiz - 19 hours 5 min ago
Indiatimes - India, China are burying the hatchet: A challenge for the US? - 21 hours 42 min ago
New York Times - Why Chinese Are Rushing Into a ‘Casino’ Stock Market - 22 hours 38 min ago