Business News - The Last 24 Hours

Hong Kong announces probe into deadly tower block fire
Deutsche Welle - 1 hour 48 min ago
Officials in Hong Kong have promised that an inquiry into the causes of the territory’s deadliest fire in decades will deliver justice. But there are already complaints about a perceived lack of transparency.

RELATED:

NDTV - Hong Kong Leader Announces 'Independent Committee' To Probe Fire - 2 hours 22 min ago

BBC - Hong Kong leader orders investigation into deadly fire that killed 151 - 4 hours 22 min ago

Associated Press - Hong Kong fire probe reveals unsafe netting as public mourns and government stifles dissent - AP News - 16 hours 12 min ago

Deutsche Welle - Hong Kong fire: Faulty netting blamed as death toll hits 151 - 23 hours 48 min ago

COMMENTARY:

SCMP - Families of domestic helpers killed in Hong Kong blaze to get nearly HK$800,000 - 46 min 40 sec ago

The Guardian - Hong Kong responds to disaster differently from Beijing – but the gulf is narrowing - 1 hour 44 min ago

Indiatimes - Hong Kong fire probe reveals unsafe netting as public mourns and government stifles dissent - 15 hours 57 min ago

New York Times - Hong Kong Contractors Used Unsafe Netting at Fire Site, Officials Say - 22 hours 9 min ago

Apple To Resist 'Sanchar Saathi' Order Amid Political Outcry: Report
NDTV - 2 hours 10 min ago
The Indian government has confidentially ordered companies including Apple, Samsung and Xiaomi to preload their phones with an app called Sanchar Saathi.

RELATED:

NDTV - Meet Amar Subramanya, Apple's New Vice President Of AI - 5 hours 2 min ago

Deutsche Welle - Apple names new AI chief amid pressure to catch up - 5 hours 40 min ago

CNBC - Apple AI chief stepping down, company says - 11 hours 26 min ago

COMMENTARY:

BusinessInsider - Apple's AI chief is leaving and being replaced by a former Microsoft exec - 11 hours 48 min ago

Indiatimes - Delhi HC asks GoI, CCI to justify fines on Apple based on global turnover - 16 hours 7 min ago

Trump's Push To End Ukraine War Raises Fears Of 'Ugly Deal' For Europe
NDTV - 2 hours 33 min ago
Europe may well even have to accept a growing economic partnership between Washington, its traditional protector in the NATO alliance, and Moscow, which most European governments - and NATO itself - say is the greatest threat to European security.

NDTV - US Sees "Optimistic" Chance Of Ukraine Deal As Envoy Witkoff Heads To Moscow - 13 hours 49 min ago

COMMENTARY:

The Guardian - Ukraine war briefing: Witkoff shuttles into Moscow to hear Putin’s demands - 8 hours 18 min ago

Sydney Morning Herald - Like a weather forecast, but for terror: This app shows you how Ukraine peace talks are really going - 9 hours 35 min ago

SCMP - Zelensky says ‘not fair’ to exclude Europe from Ukraine reconstruction talks - 10 hours 26 min ago

Indiatimes - Black Sea shipping insurance rates rise after Ukraine attacks tankers, sources say - 15 hours 50 min ago

BusinessInsider - Ukrainian special ops forces narrowly dodged a drone strike. A soldier says his driver 'drove like a god.' - 20 hours 53 min ago

Russia Today - Key issue in Ukraine-US peace talks remains unresolved – WSJ - 23 hours 57 min ago

Exclusive: Apple to resist India order to preload state-run app as political outcry builds - Reuters
Reuters - 2 hours 51 min ago
Exclusive: Apple to resist India order to preload state-run app as political outcry builds Reuters

RELATED:

Deutsche Welle - India: Government mandate for pre-installed state-run app has privacy advocates seething - 4 hours 15 min ago

Reuters - India orders smartphone makers to preload state-owned cyber safety app - Reuters - 12 hours 56 min ago

NDTV - 'Will Be Good If India Designates Hamas Terror Group,' Says Israeli Army - 15 hours 24 min ago

CNBC - India's industrial output grew just 0.4% in October, missing estimates - 23 hours 14 min ago

COMMENTARY:

Indiatimes - India in a 'sweet spot', GDP growth to top 7% this fiscal year: FICCI President - 1 hour 30 min ago

SCMP - As India prepares for missile test, presence of Chinese ships marks power jostle - 1 hour 36 min ago

The Hindu - DoT’s WhatsApp SIM-binding mandate faces pushback from Broadband India Forum - 2 hours 26 min ago

The Guardian - India orders phone makers to preload devices with state-owned cyber safety app - 15 hours 39 min ago

Poop Suitcase, Body Doubles, Private Food Lab: Inside Putin's Security Web
NDTV - 3 hours 38 min ago
Vladimir Putin is protected by an inner circle of highly trained guards, selected through strict criteria including age, height, physical and psychological fitness, loyalty, and extensive background checks.

RELATED:

BBC - Putin and Trump's envoy set for key Ukraine talks in Moscow - 5 hours 1 min ago

Deutsche Welle - Ukraine updates: US envoy Witkoff to meet Putin in Moscow - 5 hours 44 min ago

CNBC - Ukraine peace talks shift to Moscow — the big unknown is whether Putin will play ball - 23 hours 55 min ago

COMMENTARY:

The Guardian - Ukraine war live: Trump envoy Steve Witkoff set to meet Vladimir Putin in Moscow amid US push for peace deal - 4 hours 9 min ago

The Independent - Ukraine-Russia war latest: Moscow claims biggest victory in over a year ahead of crucial Putin talks - 6 hours 15 min ago

Indiatimes - "Will watch Putin visit closely," says German Ambassador to India Philipp Ackermann - 17 hours 54 min ago

See Pics: Melania Trump Reveals White House Holiday Decorations
NDTV - 3 hours 40 min ago
Melania Trump on Monday unveiled the holiday decorations for her family's first Christmas back at the White House and her theme is "Home Is Where the Heart Is."

RELATED:

BBC - Watch: Melania Trump reveals White House Christmas decorations - 7 hours 27 min ago

Reuters - Trump rejected Maduro requests on call, options narrow for Venezuela leader, sources say - Reuters - 10 hours 36 min ago

NDTV - US Court Disqualifies Ex-Trump Lawyer Alina Habba As New Jersey Prosecutor - 12 hours 38 min ago

CNBC - White House releases more details on Trump’s October MRI, says results were 'perfectly normal' - 14 hours 48 min ago

FOX Business - Trump economic advisor Kevin Hassett touts ‘best Black Friday that we've ever seen’ as holiday spending surges - 18 hours 22 min ago

Bloomberg - Trump’s Net Tightens Around Maduro’s Venezuela - Bloomberg.com - 23 hours 20 min ago

COMMENTARY:

The Independent - How MAGA senator’s new bill could directly impact Melania and Barron Trump - 54 min 12 sec ago

Indiatimes - Why is Olympian Chloe Covell deactivating her Instagram? Australia first in world to ban social media to Under-16s - Check which platforms are banned and who will enforce the ban; Will Trump defend US tech companies against the ban? - 1 hour 10 min ago

SCMP - ‘Unconstitutional’: Mahathir reports PM Anwar to police over Trump trade deal - 1 hour 25 min ago

The Hindu - Trump’s push for more AI data centres faces backlash from his own voters - 3 hours 57 min ago

AllAfrica - South Africa: Ramaphosa Rebuffs Trump's Threat to Bar South Africa From G20 - 5 hours 35 min ago

Sydney Morning Herald - Trump wants to ‘drill, baby, drill’. This Australian giant is happy to help - 9 hours 35 min ago

Russia Today - Trump ‘very satisfied’ with new Syrian leadership - 13 hours 1 min ago

The Guardian - Trump’s pardon of Honduras’s ex-president shows counter-drug effort is ‘based on lies and hypocrisy’ - 16 hours 17 min ago

BusinessInsider - I toured the White House to see Melania Trump's Christmas decorations. The East Wing is no more, but the display was still dazzling. - 17 hours 33 min ago

New York Post - Trump says he has made his choice for next Fed chair: ‘I know who I’m going to pick’ - 18 hours 28 min ago

Tesla CEO Elon Musk bats for H-1B visas, says tariffs distort markets
CNBC - 4 hours 27 min ago
Tesla CEO raises concerns over Trump's tariff policy and says he does not support closing of the H-1B visa program.

COMMENTARY:

Indiatimes - Microsoft CEO Satya Nadella reveals rare quality you need to be successful at workplace. And it's not your qualification - 1 hour 39 min ago

BusinessInsider - 'The era of data-labeling companies is over,' says the CEO of a $2.2 billion AI training firm - 2 hours 51 min ago

The Independent - Luigi Mangione due in court as fight continues over evidence in UnitedHealthcare CEO killing case - 5 hours 16 min ago

SCMP - Luigi Mangione fights to exclude evidence from trial in murder of healthcare CEO - 12 hours 45 min ago

The Guardian - Luigi Mangione hearing tests legality of evidence in healthcare CEO murder case - 23 hours 20 min ago

Samsung launches its first multi-folding phone as competition from Chinese brands intensifies
CNBC - 4 hours 54 min ago
Samsung Electronics has announced the launch of its first multi-folding smartphone, as it faces growing pressure to keep up with innovations from competitors.

COMMENTARY:

Indiatimes - Vivo X300 series launched in India: Prices, specs, cameras and accessories that could beat Samsung and OnePlus - 1 hour 43 min ago

The Straits Times - Samsung debuts its first multi-folding phone; Galaxy Z TriFold will be available in Singapore from Dec 19 - 8 hours 21 min ago

BusinessInsider - T-Mobile's Cyber Monday deals are ending soon: Last chance to score free Apple or Samsung bundles - 10 hours 47 min ago

Costco sues Trump administration for 'full refund' of tariffs
BBC - 6 hours 40 min ago
Two lower courts have already ruled against President Trump's use of emergency powers to impose tariffs.

CNBC - Costco sues for Trump tariff refunds before Supreme Court rules on if they're illegal - 10 hours 21 min ago

BBC - US and UK agree zero tariffs deal on pharmaceuticals - 17 hours 22 min ago

COMMENTARY:

New York Post - Costco files federal lawsuit challenging Trump’s emergency tariff orders on imported goods - 1 hour 31 min ago

Indiatimes - Costco sues US to preserve tariff refunds if Trump loses appeal - 8 hours 49 min ago

BusinessInsider - Costco sues over Trump's tariffs in bid to secure refund - 9 hours 33 min ago

The Independent - Costco joins growing list of companies suing Trump for refunds if Supreme Court strikes down tariffs - 9 hours 45 min ago

The Straits Times - Cyber Monday US spending growth seen lagging Europe amid tariffs - 10 hours 52 min ago

New York Times - U.S. Pushes U.K. to Spend More on Medicines in Deal to Avoid Tariffs - 18 hours 4 min ago

SCMP - US-UK zero tariff deal to reshape NHS medicine spending - 19 hours 5 min ago

The Guardian - UK and US agree zero-tariff pharmaceuticals deal - 19 hours 15 min ago

Bulgaria sees massive protests against budget, corruption
Deutsche Welle - 7 hours 25 min ago
Tens of thousands of people demonstrated against the 2026 budget and called for the government to step down in fresh protests across the Balkan nation.

Deutsche Welle - Bangladesh sentences ex-UK minister Siddiq over corruption - 18 hours 37 min ago

COMMENTARY:

SCMP - Malaysia’s Anwar vows ‘no protection’ for close aides in corruption probes - 50 min 42 sec ago

The Independent - Tulip Siddiq slams ‘flawed and farcical’ Bangladesh corruption trial after being handed prison sentence - 4 hours 10 min ago

Indiatimes - Trump forcing Zelenskyy to resign? Shocking details out in Ukraine's 'golden toilet' corruption row - 16 hours 25 min ago

Bitcoin logs its worst day since March
CNBC - 9 hours 35 min ago
Bitcoin and ether saw heavy selling at the start of a new month, resuming the recent turbulence in digital assets.

COMMENTARY:

Indiatimes - MSTR stock today tumbles as Bitcoin price crashes – will MicroStrategy sell BTC USD holdings next? - 15 hours 6 min ago

BusinessInsider - Bitcoin is stumbling again. Why the crypto is faltering as December kicks off. - 19 hours 5 min ago

New York Post - Bitcoin craters below $86,000, Ethereum dips 7% in massive crypto wipeout - 19 hours 28 min ago

Asia markets set to open higher, breaking ranks with Wall Street losses on crypto sell-off
CNBC - 10 hours 40 min ago
Overnight, bitcoin plunged around 6% to trade below $86,000, marking its worst day since March and pressuring the broader stock market down.

COMMENTARY:

Indiatimes - U.S. stock futures slip today: Dow, S&P 500 and Nasdaq edge lower — Is tech weakness and Bitcoin volatility dragging Wall Street down? - 1 hour 2 min ago

BusinessInsider - How elite business schools like Wharton are overhauling curriculum as AI reshapes Wall Street bankers' futures - 23 hours 48 min ago

Peru: 12 dead as landslide hits boats in Amazon region river
Deutsche Welle - 10 hours 53 min ago
Rescue teams are looking for survivors after a landslide in Peru's Amazon region sank two boats on the Ucayali River, according to local media reports.

RELATED:

CNBC - How Amazon became America's biggest clothing seller - 16 hours 50 min ago

Warner Bros Discovery gets mostly cash offer from Netflix, source says - Reuters
Reuters - 11 hours 27 min ago
Warner Bros Discovery gets mostly cash offer from Netflix, source says Reuters

COMMENTARY:

Indiatimes - Netflix Stranger Things: Google highlights upside down search result - Season 5 finale to hit theatres and streaming platform simultaneously in US and Canada - Check out the tickets sale date and where to buy tickets - 6 hours 3 min ago

New York Post - Warner Bros. Discovery gets mostly cash offer from Netflix in second round of bidding - 10 hours 11 min ago

BusinessInsider - The 10 best movies to stream on Netflix in December - 12 hours 21 min ago

The Guardian - Sean ‘Diddy’ Combs decries Netflix series by 50 Cent as ‘shameful hit piece’ - 12 hours 38 min ago

Amid US-Backed Peace Talks, Russia Claims Capture Of Ukraine's Pokrovsk
NDTV - 11 hours 32 min ago
Russia said Monday its forces had captured the city of Pokrovsk in eastern Ukraine, a key military logistics hub, as well as the city of Vovchansk in the northeast.

RELATED:

NDTV - Third Russia-Linked Oil Tanker Suffers Explosions At Sea, No Casualties - 15 hours 45 min ago

Deutsche Welle - South Africa: Radio host accused of recruiting fighters for Russia - 16 hours 7 min ago

BBC - Four dead in Russian attack as diplomatic efforts to end war continue - 21 hours 55 min ago

COMMENTARY:

The Independent - Who are the power players behind Ukraine-Russia peace talks as Trump’s envoy meets Putin? - 1 hour 39 sec ago

Indiatimes - India, Russia working together to boost New Delhi's exports, says Kremlin - 1 hour 7 min ago

Russia Today - Russian-flagged tanker attacked in Black Sea – Türkiye - 1 hour 28 min ago

SCMP - How sanctioned Russian oil flows freely via a tiny Pacific island nation - 5 hours 30 min ago

BusinessInsider - A Ukrainian drone maker says its interceptor took down a Russian Shahed armed with an air-to-air missile - 14 hours 54 min ago

The Guardian - Five South Africans in court over alleged recruitment for Russia’s war in Ukraine - 19 hours 37 min ago

Elon Musk’s Tesla faces fresh criticism from ‘Big Short’ investor Michael Burry
FOX Business - 13 hours 40 min ago
"Big Short" investor Michael Burry calls Tesla "ridiculously overvalued" while Elon Musk defends AI robotics as the solution to the debt crisis, spotlighting the two's contrarian views.

COMMENTARY:

Indiatimes - Tesla stock warning: Why Michael Burry says EV maker is "ridiculously overvalued" and Musk’s $1 trillion pay package risks major dilution - 16 hours 3 min ago

New York Post - ‘Big Short’ icon Michael Burry unloads on Elon Musk, calls Tesla ‘ridiculously overvalued’ - 16 hours 56 min ago

BusinessInsider - Michael Burry says Tesla is 'ridiculously overvalued' - 23 hours 6 min ago

Newell Brands to close Yankee Candle stores, cut jobs
FOX Business - 14 hours 39 min ago
Newell Brands to close 20 Yankee Candle stores and cut 900 jobs as part of an optimization plan to streamline operations and align with shopping trends.

COMMENTARY:

AllAfrica - Somalia: UN Cuts Over 680 Jobs in Somalia As Donor Funding Declines - 5 hours 9 min ago

Indiatimes - UN chief proposes slashing 2026 budget by $577 million, cutting 18% of jobs - 8 hours 13 min ago

The Straits Times - Ad giant Omnicom to cut over 4,000 jobs, fold legacy brands after IPG takeover - 10 hours 13 min ago

BusinessInsider - Ad giant Omnicom says its mega-merger with IPG will lead to 4,000 job cuts - 19 hours 11 min ago

What weak consumer? Strong holiday shopping kickoff is a good sign for retailers
CNBC - 15 hours 27 min ago
"The narrative that the consumer is not doing well is being challenged," said Jim Cramer.

COMMENTARY:

BusinessInsider - Texas is investigating Shein for selling 'cheap, dangerous' goods to US consumers - 5 hours 11 min ago

As regime change looms at the Fed, one candidate emerges as frontrunner for chair
CNBC - 16 hours 2 min ago
President Donald Trump knows who he's going to select as the next Federal Reserve chair but isn't saying yet.

RELATED:

FOX Business - Trump says he’s chosen next Fed chair as affordability pressures rise - 19 hours 45 min ago

COMMENTARY:

Indiatimes - Has Trump chosen a new Fed Chair? Will they deliver the interest rate cuts he demands? - 17 hours 57 min ago

Musk says AI and robotics are 'only' things that can solve massive US debt crisis
FOX Business - 16 hours 8 min ago
Elon Musk claims AI and robotics are the only solution to America's $38 trillion debt crisis, predicting dramatic economic changes within three years.

COMMENTARY:

Indiatimes - US holiday shoppers shake off economic blues for online spending spree - 8 hours 26 min ago

SCMP - Like a ‘debt collector’? US ambassador irks Singaporeans for justifying tariff - 22 hours 8 min ago

Goldman Sachs to buy ETF sponsor Innovator in $2B cash-and-stock deal
FOX Business - 16 hours 47 min ago
Goldman Sachs announced it will buy Innovator Capital Management in a $2 billion cash-and-stock deal. Global assets in actively managed exchange-traded funds have reached $1.6 trillion.

COMMENTARY:

Indiatimes - Capex cuts to offset tax shortfalls, Govt on track for fiscal targets of FY26: Goldman Sachs - 2 hours 22 min ago

New York Post - Goldman Sachs snaps up ETF firm Innovator Capital Management for $2B - 16 hours 37 min ago

Chair of UK's fiscal watchdog resigns after early published report threw Budget into chaos
CNBC - 16 hours 59 min ago
The U.K.'s Office for Budget Responsibility unexpectedly released its economic and fiscal forecasts ahead of the U.K.'s Autumn Budget on Wednesday.

COMMENTARY:

The Guardian - Almost 4 million children in UK affected by economic abuse, charity finds - 10 hours 19 min ago

Indiatimes - UK leader Keir Starmer backs his Treasury chief over claims she misled the public about the economy - 22 hours 10 min ago

Trump releases fraudster executive days into prison sentence
BBC - 17 hours 27 min ago
The former investment manager was convicted of defrauding thousands of investors.

COMMENTARY:

Indiatimes - Steve McBee Sr. self surrenders in crop insurance fraud case: How did the American TV star spend his Thanksgiving before turning himself in and what he is ‘guilty’ about; all you need to know - 5 hours 45 min ago

Product sold at Walmart recalled due to risk of explosion
FOX Business - 18 hours 20 min ago
Walmart recalls 201,000 'Ozark Trail' camping stoves after explosions caused burns to users. Stop using immediately and return to store for full refund.

COMMENTARY:

BusinessInsider - Walmart's Cyber Monday sale ends tonight: Save on Crocs, Coop Original Pillow, Ninja Creami, and more - 10 hours 10 min ago

Runway rolls out new AI video model that beats Google, OpenAI in key benchmark
CNBC - 20 hours 7 min ago
Gen 4.5, a new AI model that allows users to generate high-definition videos based on written prompts.

COMMENTARY:

SCMP - China’s DeepSeek challenges Google DeepMind with new AI model - 6 hours 18 min ago

Indiatimes - Who is Amar Subramanya? Ex-Google and Microsoft AI researcher now leading Apple’s AI push - 10 hours 32 sec ago

The Straits Times - DeepSeek debuts new AI models to rival Google and OpenAI - 10 hours 24 min ago

BusinessInsider - Google, Microsoft, and Perplexity share tips on how to boost your brand's visibility in AI searches - 21 hours 28 min ago

Global shortage of obesity jabs, warns WHO
BBC - 20 hours 15 min ago
Too few people who could benefit from so-called "skinny jabs" are able to access them, says WHO.

RELATED:

BBC - WHO warning over shortage of obesity jabs - 20 hours 15 min ago

COMMENTARY:

Indiatimes - WHO backs GLP-1 treatments to tackle obesity epidemic - 19 hours 37 min ago

The Independent - WHO makes big announcement on Ebola outbreak in Congo - 19 hours 47 min ago

Jim Cramer's top 10 things to watch in the stock market Monday
CNBC - 20 hours 26 min ago
Tech stocks and bitcoin were lower on the first day of the new month after a rough November.

COMMENTARY:

Indiatimes - Australian Stock Market closes in green as ASX 200 and other key indices record gains, here’s how key indices performed; check top gainers and losers - 3 hours 49 min ago

Airbus Confirms "Supplier Quality Issue" On A320 Jet Panels
NDTV - 20 hours 34 min ago
European plane-maker Airbus said Monday it had detected a "quality issue" affecting metal panels on its popular A320 passenger jet but the problem was "contained".

CNBC - Airbus shares fall on reports of new quality issue on dozens of A320 aircraft - 22 hours 55 min ago

COMMENTARY:

SCMP - AirAsia boss says ‘bizarre’ Airbus glitch a ‘good warning’ to industry - 3 hours 25 min ago

Indiatimes - Solar storm fallout: Why more than 6,000 Airbus A320s required urgent software updates and how solar flares pose risks to aircraft navigation? - 18 hours 4 min ago

BusinessInsider - Airbus stock drops as much 10% as it confirms a 'quality issue' in part of the best-selling A320's supply chain - 20 hours 44 min ago

The Guardian - Airbus averts further travel disruption by fixing most jets hit by software glitch - 21 hours 22 min ago

New OPEC+ production mechanism will help stabilise markets, Saudi energy minister says - Reuters
Reuters - 21 hours 25 min ago
New OPEC+ production mechanism will help stabilise markets, Saudi energy minister says Reuters

COMMENTARY:

AllAfrica - Nigeria: Opec Maintains Nigeria's 1.5m Bpd Oil Output Level for 2026 - 23 hours 24 min ago

3 Tehreek-e-Taliban Terrorists Killed After Attacker Blows Himself Up In Pak
NDTV - 23 hours 29 min ago
Tehreek-e-Taliban Pakistan, referred to as 'Fitna-al-Khawarij' by the Pakistani state, is a banned group.

COMMENTARY:

Sydney Morning Herald - ‘Kill everybody’: Trump, Congress scrutinise Hegseth over ‘narco-terrorist’ strike - 15 hours 33 min ago

Indiatimes - Delhi court sends terror module suspect to 5-day police custody - 17 hours 25 sec ago