Business News - The Last 24 Hours

Newell Brands to close Yankee Candle stores, cut jobs
FOX Business - 43 min 40 sec 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:

BusinessInsider - Ad giant Omnicom says its mega-merger with IPG will lead to 4,000 job cuts - 5 hours 16 min ago

Indiatimes - Omnicom to cut 4,000 jobs, shut several agencies after IPG takeover, FT reports - 6 hours 50 min ago

White House releases more details on Trump’s October MRI, says results were 'perfectly normal'
CNBC - 53 min 15 sec ago
Trump’s physician, Dr. Sean Barbabella, said in a memo the cardiovascular and abdominal imaging were “perfectly normal."

FOX Business - Trump economic advisor Kevin Hassett touts ‘best Black Friday that we've ever seen’ as holiday spending surges - 4 hours 26 min ago

CNBC - Appeals court disqualifies Trump's N.J. prosecutor pick Alina Habba, rejecting DOJ challenge - 5 hours 1 min ago

Bloomberg - Trump’s Net Tightens Around Maduro’s Venezuela - Bloomberg.com - 9 hours 25 min ago

Deutsche Welle - Honduras election: Trump-backed candidate holds slim lead - 12 hours 1 min ago

COMMENTARY:

SCMP - Trump invites Netanyahu to White House ‘in near future’: Israeli PM’s office - 41 min 14 sec ago

The Independent - Trump underwent MRI scan for cardiovascular and abdomen checks, White House reveals - 1 hour 13 min ago

Sydney Morning Herald - Trump forces UK to pay 25 per cent more for new drugs. Australia’s PBS could be next - 1 hour 22 min ago

Indiatimes - Trump doubles down on Ilhan Omar, claims she used 'muslim brother marriage’ to enter U.S 'illegally' - 1 hour 35 min ago

The Guardian - Trump’s pardon of Honduras’s ex-president shows counter-drug effort is ‘based on lies and hypocrisy’ - 2 hours 22 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. - 3 hours 37 min ago

New York Post - Trump says he has made his choice for next Fed chair: ‘I know who I’m going to pick’ - 4 hours 32 min ago

Russia Today - US senators demand probe into Trump’s ‘drug boat’ strikes - 20 hours 34 min ago

'Will Be Good If India Designates Hamas Terror Group,' Says Israeli Army
NDTV - 1 hour 28 min ago
Israeli Defence Forces on Monday said it would be good if India recognises Hamas as a terrorist group.

CNBC - India's industrial output grew just 0.4% in October, missing estimates - 9 hours 18 min ago

Reuters - India orders smartphone makers to preload state-owned cyber safety app - Reuters - 12 hours 13 min ago

BBC - Why 2026 will be a year like no other for India's Sun mission - 19 hours 11 min ago

COMMENTARY:

Indiatimes - PM Modi speaks with Sri Lankan President AKD; assures continued Indian support - 1 hour 18 min ago

The Hindu - Cautious optimism: On India and growth - 1 hour 35 min ago

The Guardian - India orders phone makers to preload devices with state-owned cyber safety app - 1 hour 43 min ago

SCMP - India’s looming BrahMos missile deal with Indonesia challenges US-China binary - 15 hours 55 min ago

What weak consumer? Strong holiday shopping kickoff is a good sign for retailers
CNBC - 1 hour 31 min ago
"The narrative that the consumer is not doing well is being challenged," said Jim Cramer.

Third Russia-Linked Oil Tanker Suffers Explosions At Sea, No Casualties
NDTV - 1 hour 50 min ago
An oil tanker carrying diesel suffered four external explosions near Dakar, Senegal, its manager said, the third vessel with links to Russia to have been struck over the last few days.

RELATED:

Deutsche Welle - South Africa: Radio host accused of recruiting fighters for Russia - 2 hours 12 min ago

NDTV - How War Against Russia Crushed A Cohort Of Young Ukrainians - 4 hours 19 min ago

BBC - Four dead in Russian attack as diplomatic efforts to end war continue - 7 hours 59 min ago

COMMENTARY:

Russia Today - Belgium delivers resolute ‘no’ to proposed theft of Russian assets - 43 min 59 sec ago

Indiatimes - Land and security are the main sticking points as Russia and Ukraine mull Trump's peace proposal - 2 hours 4 min ago

The Independent - South African radio presenter arrested over alleged Russia recruitment plot - 3 hours 46 min ago

The Guardian - Five South Africans in court over alleged recruitment for Russia’s war in Ukraine - 5 hours 42 min ago

SCMP - China’s currency push gains ground as Russia nears issuance of yuan bond - 11 hours 43 min ago

BusinessInsider - Russia is throwing more of its new jet-powered Shaheds at Ukraine, but interceptor drones are rising to match them - 15 hours 22 min ago

As regime change looms at the Fed, one candidate emerges as frontrunner for chair
CNBC - 2 hours 7 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 - 5 hours 49 min ago

COMMENTARY:

Indiatimes - Has Trump chosen a new Fed Chair? Will they deliver the interest rate cuts he demands? - 4 hours 1 min ago

Musk says AI and robotics are 'only' things that can solve massive US debt crisis
FOX Business - 2 hours 13 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 assumes 2026 G20 Presidency, reveals three core themes - 2 hours 51 min ago

SCMP - Like a ‘debt collector’? US ambassador irks Singaporeans for justifying tariff - 8 hours 12 min ago

Goldman Sachs to buy ETF sponsor Innovator in $2B cash-and-stock deal
FOX Business - 2 hours 51 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:

New York Post - Goldman Sachs snaps up ETF firm Innovator Capital Management for $2B - 2 hours 41 min ago

How Amazon became America's biggest clothing seller
CNBC - 2 hours 55 min ago
Amazon holds the top spot for U.S. apparel sales by a wide margin, but its retail practices have come under scrutiny.

Chair of UK's fiscal watchdog resigns after early published report threw Budget into chaos
CNBC - 3 hours 4 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:

Indiatimes - UK leader Keir Starmer backs his Treasury chief over claims she misled the public about the economy - 8 hours 14 min ago

The Guardian - UK refrains from hitting high street on Black Friday as fears grow over economy - 14 hours 24 min ago

Trump releases fraudster executive days into prison sentence
BBC - 3 hours 32 min ago
The former investment manager was convicted of defrauding thousands of investors.

COMMENTARY:

AllAfrica - Zimbabwe: Couple Cleared As High Court Slams 'Improper Conduct' in Gono Fraud Case - 15 hours 34 min ago

'Unjustified': Sheikh Hasina's Niece Condemns Sentence By Dhaka Anti-Corruption Trial
NDTV - 4 hours 11 min ago
The 43-year-old had resigned as a Treasury minister in British Prime Minister Keir Starmer's Cabinet earlier this year as the allegations of corruption against her family hit worldwide headlines.

RELATED:

Deutsche Welle - Bangladesh sentences ex-UK minister Siddiq over corruption - 4 hours 42 min ago

NDTV - From Charges To Can He Be Pardoned: All About Netanyahu's Corruption Trial - 5 hours 29 min ago

COMMENTARY:

Indiatimes - Trump forcing Zelenskyy to resign? Shocking details out in Ukraine's 'golden toilet' corruption row - 2 hours 30 min ago

The Independent - Benjamin Netanyahu corruption trial: What is Israeli PM accused of and could he be pardoned? - 7 hours 6 min ago

SCMP - Chen Weijun joins list of senior Xinjiang officials investigated for corruption - 9 hours 9 sec ago

Sydney Morning Herald - Israel’s Netanyahu seeks a pardon to end his long-running corruption trial. Will he get one? - 19 hours ago

Product sold at Walmart recalled due to risk of explosion
FOX Business - 4 hours 24 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.

US and UK agree zero tariffs deal on pharmaceuticals
BBC - 4 hours 55 min ago
The deal follows threats of tariffs as high as 100% on branded drug imports.

COMMENTARY:

Indiatimes - Is Trump’s $2,000 tariff dividend coming in December 2025? IRS stimulus updates and who may qualify - 2 hours 21 min ago

New York Post - Trump admin strikes zero tariff pharmaceutical deal with Britain — a move welcomed by drugmakers - 2 hours 48 min ago

New York Times - U.S. Pushes U.K. to Spend More on Medicines in Deal to Avoid Tariffs - 4 hours 9 min ago

SCMP - US-UK zero tariff deal to reshape NHS medicine spending - 5 hours 9 min ago

The Guardian - UK and US agree zero-tariff pharmaceuticals deal - 5 hours 20 min ago

BusinessInsider - Trump can still impose sweeping tariffs if the Supreme Court rules against him. Here's how. - 10 hours 25 min ago

Runway rolls out new AI video model that beats Google, OpenAI in key benchmark
CNBC - 6 hours 11 min ago
Gen 4.5, a new AI model that allows users to generate high-definition videos based on written prompts.

COMMENTARY:

BusinessInsider - Google, Microsoft, and Perplexity share tips on how to boost your brand's visibility in AI searches - 7 hours 33 min ago

WHO warning over shortage of obesity jabs
BBC - 6 hours 19 min ago
Too few people who could benefit from so-called "skinny jabs" are able to access them, says WHO.

COMMENTARY:

Indiatimes - WHO backs GLP-1 treatments to tackle obesity epidemic - 5 hours 42 min ago

The Independent - WHO makes big announcement on Ebola outbreak in Congo - 5 hours 52 min ago

AllAfrica - Africa: WHO Warns of Shrinking HIV Funding, Urges African Govts to Boost Investment - 14 hours 56 min ago

Jim Cramer's top 10 things to watch in the stock market Monday
CNBC - 6 hours 31 min ago
Tech stocks and bitcoin were lower on the first day of the new month after a rough November.

COMMENTARY:

Indiatimes - Cryptocurrency share price crashes as S&P 500, Dow Jones, Nasdaq are down. Check top losing stocks, top gainers - 1 hour 41 min ago

BusinessInsider - What Wall Street's heavy hitters are predicting for the stock market in 2026 - 10 hours 13 sec ago

Airbus Confirms "Supplier Quality Issue" On A320 Jet Panels
NDTV - 6 hours 38 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 - 9 hours 25 sec ago

COMMENTARY:

Indiatimes - Solar storm fallout: Why more than 6,000 Airbus A320s required urgent software updates and how solar flares pose risks to aircraft navigation? - 4 hours 9 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 - 6 hours 49 min ago

The Guardian - Airbus averts further travel disruption by fixing most jets hit by software glitch - 7 hours 26 min ago

The Hindu - Airbus says most A320 jets affected by recall now modified - 12 hours 12 min ago

Intel stock holds 10% rise after analyst predicts major Apple deal
CNBC - 8 hours 47 min ago
Intel's share price was down slightly premarket after a 10% spike on Friday after analyst Ming-Chi Kuo said the chip giant was nearing a deal to supply Apple.

COMMENTARY:

Indiatimes - Delhi HC asks GoI, CCI to justify fines on Apple based on global turnover - 2 hours 12 min ago

BusinessInsider - The best Cyber Monday Apple Watch deals include up to $100 off the brand-new Series 11, Ultra 3, and SE 3 - 2 hours 34 min ago

SCMP - ByteDance teams up with ZTE as China races to take on Apple in agentic AI phones - 13 hours 22 min ago

3 Tehreek-e-Taliban Terrorists Killed After Attacker Blows Himself Up In Pak
NDTV - 9 hours 34 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 - 1 hour 38 min ago

Indiatimes - Delhi court sends terror module suspect to 5-day police custody - 3 hours 4 min ago

Hong Kong fire: Faulty netting blamed as death toll hits 151
Deutsche Welle - 9 hours 53 min ago
Some of the netting used by contractors at Wang Fuk Court has been found to not meet fire-safety code. Police continue to search the rubble, with more than 40 people still missing.

COMMENTARY:

Indiatimes - Hong Kong fire probe reveals unsafe netting as public mourns and government stifles dissent - 2 hours 2 min ago

SCMP - Students, workers, domestic helpers hit by Hong Kong fire get HK$20,000 payout - 4 hours 28 min ago

New York Times - Hong Kong Contractors Used Unsafe Netting at Fire Site, Officials Say - 8 hours 14 min ago

The Guardian - Hong Kong arrests 13 on suspicion of manslaughter over apartment fires - 9 hours 12 min ago

The Straits Times - Hong Kong tycoon Henry Cheng seeks sale of some Rosewood hotels - 16 hours 30 min ago

Ukraine peace talks shift to Moscow — the big unknown is whether Putin will play ball
CNBC - 9 hours 59 min ago
U.S. Special Envoy Steve Witkoff is travelling to Moscow on Monday and is due to meet Russian President Vladimir Putin.

COMMENTARY:

Indiatimes - "Will watch Putin visit closely," says German Ambassador to India Philipp Ackermann - 3 hours 59 min ago

The Independent - EU warns Trump that Ukraine peace plan must not pardon Putin for war crimes - 10 hours 23 min ago

Ukraine updates: 'Pivotal week for diplomacy' say EU, NATO
Deutsche Welle - 10 hours 26 min ago
Ukraine's President Voldymyr Zelenskyy will travel to Paris Monday for talks with French counterpart Emmanuel Macron. The meeting kicks off what EU top diplomat Kaja Kallas called a "pivotal" week. DW has the latest.

RELATED:

BBC - Ukraine talks 'productive' but more work needed, Rubio says - 21 hours 59 sec ago

Deutsche Welle - SIPRI: War in Ukraine boosts arms manufacturers' profits - 21 hours 24 min ago

COMMENTARY:

Indiatimes - Black Sea shipping insurance rates rise after Ukraine attacks tankers, sources say - 1 hour 54 min ago

The Guardian - Coming days may be ‘pivotal’ for talks to end Ukraine war, EU’s top diplomat says - 6 hours 39 min ago

BusinessInsider - Ukrainian special ops forces narrowly dodged a drone strike. A soldier says his driver 'drove like a god.' - 6 hours 58 min ago

Russia Today - Key issue in Ukraine-US peace talks remains unresolved – WSJ - 10 hours 1 min ago

Sydney Morning Herald - ‘Blood oil’ on the ground: I’ve seen first hand the devastation of war in Ukraine - 17 hours 41 min ago

Fearing Exodus Of Rich, Switzerland Votes To Reject Inheritance Tax
NDTV - 12 hours 17 min ago
Switzerland voted to reject a 50% inheritance tax on super-rich residents after wealthy entrepreneurs threatened to leave the country. The plan was opposed by 78.3% of the electorate, according to government data on Sunday.

COMMENTARY:

Indiatimes - Govt tables sin tax bill in Lok Sabha, tobacco products to be dearer now - 4 hours 10 min ago

New York Times - For ‘No Tax on Tips,’ the I.R.S. Gets Intimate - 4 hours 49 min ago

Bitcoin, Ethereum fall sharply as crypto sell-off resumes
CNBC - 12 hours 54 min ago
Bitcoin and Ethereum 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? - 1 hour 10 min ago

BusinessInsider - Bitcoin is stumbling again. Why the crypto is faltering as December kicks off. - 5 hours 10 min ago

New York Post - Bitcoin craters below $86,000, Ethereum dips 7% in massive crypto wipeout - 5 hours 32 min ago

The Straits Times - Bitcoin plunges to below US$88,000 in risk-off start to December - 17 hours 57 min ago

Oil Climbs After OPEC+ Reiterates Pause With Focus on Venezuela - Bloomberg.com
Bloomberg - 13 hours 30 min ago
Oil Climbs After OPEC+ Reiterates Pause With Focus on Venezuela Bloomberg.com

COMMENTARY:

AllAfrica - Nigeria: Opec Maintains Nigeria's 1.5m Bpd Oil Output Level for 2026 - 9 hours 28 min ago

Google CEO calls for national AI regulation to compete with China more effectively
FOX Business - 18 hours 33 min ago
Sundar Pichai calls for balanced AI regulation at the national level, warning that conflicting legislation could hurt US competitiveness against China.

COMMENTARY:

Indiatimes - Bengal CEO seeks report on 2,208 booths where no deaths, absentees or duplicate voters found - 1 hour 27 min ago

BusinessInsider - Omnicom's CEO breaks down his plan to beat rivals in AI after the ad giant's blockbuster $9 billion IPG deal - 1 hour 27 min ago

The Guardian - Luigi Mangione hearing tests legality of evidence in healthcare CEO murder case - 9 hours 24 min ago

Asia-Pacific markets start December mixed with China’s manufacturing data in focus
CNBC - 20 hours 2 min ago
Traders are increasingly expecting a rate cut in the upcoming U.S. Fed meeting on Dec. 10.

COMMENTARY:

Indiatimes - HSBC PMI: Manufacturing activity at nine-month low - 1 hour 27 min ago

The Hindu - India's manufacturing sector activity falls to 9-month low in November on softer rise in sales, production: PMI - 12 hours 55 min ago

WW1 toxic compound sprayed on Georgian protesters, BBC evidence suggests
BBC - 20 hours 6 min ago
Anti-government demonstrators are likely to have been targeted with camite, our investigation finds.

Deutsche Welle - Spain: Thousands of protesters call for Sanchez to resign - 23 hours 49 min ago

COMMENTARY:

The Guardian - Several protesters arrested after ICE raid thwarted in New York City - 43 min 39 sec ago

Indiatimes - ICE vs protesters: Several arrested as New Yorkers clash with federal agents in Manhattan - 5 hours 34 min ago