Business News - The Last 24 Hours

Venezuela bans six major airlines as tensions escalate
BBC - 2 hours 22 min ago
The affected carriers ceased flying to Venezuela after the US warned of heightened military activity.
COMMENTARY:
Indiatimes - Corporate Air files bankruptcy as fleet shrinks; other airlines face financial trouble - 23 hours 26 min ago



Apple is challenging India's anti-trust body over a potential $38 billion fine
CNBC - 2 hours 25 min ago
Apple filed a lawsuit against the Competition Commission of India over how the body uses global turnover when calculating fines.
RELATED:
NDTV - Apple Challenges Antitrust Penalty Law In India, Risks $38 Billion Fine - 11 hours 7 min ago
COMMENTARY:
Indiatimes - Apple fights india antitrust rule that could trigger $38 billion global penalty - 18 hours 25 min ago



Why Hong Kong's Deadly Fire Spread Swiftly - Focus On Fast-Burning Foam
NDTV - 2 hours 35 min ago
Three top officials of the engineering company renovating the tower complex have been arrested in a suspected case of manslaughter.
RELATED:
CNBC - Chinese firms rush to pledge millions in fire rescue as Hong Kong fire death toll climbs to 55 - 5 hours 4 min ago
NDTV - The Hong Kong Deadly High-Rise Fire: All You Need To Know - 8 hours 2 min ago
Bloomberg - Hong Kong’s Deadly Tower Fires: What We Know So Far - Bloomberg.com - 9 hours 4 min ago
Deutsche Welle - Hong Kong fire: Nearly 300 missing as fire continues to burn - 14 hours 39 min ago
Reuters - At least 40 killed in Hong Kong fire with 279 still missing, authorities say - BBC - 15 hours 8 min ago
BBC - 'I am devastated': Hong Kong residents in disbelief after fire destroys blocks of flats - 15 hours 13 min ago
COMMENTARY:
SCMP - ‘My superhero’: girlfriend mourns loss of firefighter killed in Hong Kong blaze - 1 hour 36 min ago
Indiatimes - Hong Kong fire: Did a cigarette spark the blaze? Viral video shows worker smoking before tragedy - 2 hours 19 min ago
Sydney Morning Herald - ‘Everything is gone’: Residents left reeling by Hong Kong fire horror - 4 hours 28 min ago
The Guardian - Hong Kong fire: police blame construction company’s ‘gross negligence’ as death toll rises to 44 - 7 hours 23 min ago
Russia Today - Dozens dead after fire engulfs high-rise block in Hong Kong (VIDEOS) - 18 hours 57 min ago



Alibaba starts selling Quark AI glasses in China, enters global wearables race - Reuters
Reuters - 2 hours 59 min ago
Alibaba starts selling Quark AI glasses in China, enters global wearables race  Reuters
RELATED:
CNBC - Alibaba's AI glasses to rival Meta go on sale for $500 - 4 hours 19 min ago
COMMENTARY:
SCMP - Alibaba launches US$537 Quark AI glasses to challenge devices from Meta, Xiaomi - 1 hour 14 min ago
The Hindu - U.S. Pentagon seeks to add Alibaba, Baidu, BYD to China military list: Report - 7 hours 40 min ago
Indiatimes - Pentagon seeks to add Alibaba, Baidu, BYD to China military list - 9 hours 35 min ago



Fact check: Stolen Louvre jewels did not end up in Ukraine
Deutsche Welle - 3 hours 24 min ago
A viral video allegedly published by Ukraine's anti-corruption agency claims that the jewels recently stolen from the Louvre ended up in Ukraine. But it's fake and partly AI-generated. DW explains how you can tell.
RELATED:
Bloomberg - Oil Holds Near Month-Low as Trump Hails Progress on Ukraine Deal - Bloomberg.com - 16 hours 26 min ago
Deutsche Welle - Dan Driscoll, Trump's latest hope for peace in Ukraine - 16 hours 34 min ago
BBC - Where peace stands in Ukraine after frantic diplomacy - 21 hours 57 min ago
COMMENTARY:
Russia Today - US warned Europeans about danger of dragging out Ukraine conflict – NYT - 4 hours 21 min ago
Sydney Morning Herald - ‘Blood oil’ on the ground: I’ve seen first hand the devastation of war in Ukraine - 4 hours 26 min ago
The Guardian - Europe scrambles to join Ukraine talks as EU nations attempt to bolster militaries – Europe live - 5 hours 10 min ago
Indiatimes - Trump's Ukraine plan triggers outrage from Republican lawmakers - 9 hours 57 min ago
SCMP - China waits in the wings for opportunity as Trump makes Ukraine peace push - 22 hours 26 min ago



Ukraine updates: Russia sentences 8 for Crimea bridge blast
Deutsche Welle - 4 hours 4 min ago
Russia has sentenced eight men to life imprisonment for a bomb attack on the Kerch Bridge. Meanwhile, Germany's Merz is hosting the Estonian PM to discuss security on NATO's east flank. DW has more.
RELATED:
CNBC - All eyes on Russia as it weighs Ukraine peace plan with caution - 7 hours 37 min ago
NDTV - Russian Fitness Influencer's 10,000-Calorie Junk Food Experiment Turns Deadly - 9 hours 26 min ago
Reuters - Russian oil cargo discharge at Indian port delayed due to insurance scrutiny, sources say - Reuters - 23 hours 37 min ago
COMMENTARY:
SCMP - Why advances in conventional weapons tech should worry China, Russia and US - 56 min 1 sec ago
The Guardian - US deal must punish Russia war crimes, says Ukraine’s Nobel peace prize winner - 1 hour 19 min ago
BusinessInsider - Russia is trying to hit Ukrainian helicopters and other aircraft midair with Shahed drones, deputy defense chief says - 1 hour 41 min ago
Russia Today - Baltic nations want EU bailout after Russia sanctions backfire – Politico - 2 hours 37 min ago
Indiatimes - US-Russian crew of 3 blasts off to International Space Station in Russian Soyuz rocket - 2 hours 58 min ago
The Independent - France to reintroduce military service amid Russian threat - 5 hours 12 min ago
Sydney Morning Herald - Putin’s ‘ghost ships’: Russian blood oil in Aussie cars - 16 hours 39 min ago



South Africa hits back after Trump says US won't invite it for G20 next year
BBC - 4 hours 36 min ago
The US boycotted the G20 summit in Johannesburg over widely discredited claims of persecution of the white minority.
RELATED:
NDTV - "Regrettable": Cyril Ramaphosa Slams Trump For Dropping South Africa From G20 - 6 hours 46 min ago
Associated Press - Trump administration orders 500 more National Guard troops to DC after shooting of soldiers - WTOP - 15 hours 52 min ago
BBC - Georgia judge dismisses 2020 election interference case against Trump - 16 hours 50 min ago
Deutsche Welle - Georgia judge dismisses Trump election interference case - 17 hours 28 min ago
CNBC - Eric Swalwell sues FHFA chief Pulte, alleging director used private information to attack Trump critics - 17 hours 59 min ago
Reuters - Exclusive: Trump administration seeks major Belarus prisoner release, sources say - Reuters - 20 hours 44 min ago
FOX Business - Bessent wraps up Fed chair interviews as Trump’s decision expected before Christmas - 21 hours 3 min ago
Bloomberg - Who leaked Witkoff’s call advising Kremlin on how to get Trump on side? - The Guardian - 22 hours 23 min ago
COMMENTARY:
Indiatimes - Where was President Trump during National Guard shooting in Washington DC? Was he in White House? - 55 min ago
The Guardian - National guard shooting will likely make Trump crack down even harder - 2 hours 25 min ago
BusinessInsider - All of the billionaires and businesspeople that Donald Trump has pardoned - 2 hours 27 min ago
AllAfrica - South Africa: G20 - South Africa Pushes Back Against Trump - 2 hours 58 min ago
The Independent - Over half of Americans blame Trump for the rising grocery costs - 3 hours 11 min ago
Sydney Morning Herald - Did Taylor Greene see the light about Trump? There’s a simpler reason for their fall-out - 9 hours 26 min ago
SCMP - Immigrant with family ties to Trump spokeswoman Leavitt detained by ICE - 15 hours 13 min ago
Russia Today - Will Trump cave to Zelensky and sink his own peace deal? - 17 hours 49 min ago
New York Times - Donors to Trump’s Transition Revealed a Year Later - 22 hours 24 min ago



Opinion: Opinion | Why A US Report Mentioning 'Pak Success' Has India Bristling
NDTV - 7 hours 12 min ago
Just one sentence in a report of a US Congressional Commission has got a lot of knickers in a twist in India. The sentence in the 675-page report reads: "Pakistan's military success over India in its four-day clash showcased Chinese weaponry."
RELATED:
NDTV - 'We Support All Efforts To Bring Lasting Peace': India On Ukraine Plan - 19 hours 22 min ago
COMMENTARY:
Indiatimes - Budget 2026: India’s space sector seeks triple budget boost and a satellite mission for remote regions - 2 hours 24 min ago
The Hindu - Can India become self-reliant in REE production? - 3 hours 26 min ago
SCMP - Russia’s Su-57 offer boosts India’s ‘strategic options’ amid strained US ties - 10 hours 25 min ago



Chris Mason: Reeves chooses to tax big and spend big
BBC - 7 hours 33 min ago
In a Budget dogged by months of leaks, Labour hopes its big tax and spend plans pay off.
RELATED:
BBC - The Papers: 'High welfare, high tax' and 'Budget goes as billed' - 12 hours 36 min ago
COMMENTARY:
Russia Today - Tax burden rises for Brits as govt pursues military buildup - 52 min 56 sec ago
The Hindu - Income Tax department identifies cases of non-disclosure of foreign assets in ITRs - 2 hours 35 min ago
The Guardian - Income tax threshold freeze will hit poorer households harder, experts say - 3 hours 22 min ago
Indiatimes - Income Tax dept identifies cases of non-disclosure of foreign assets in ITRs, to start sending SMS/emails - 3 hours 23 min ago
Sydney Morning Herald - Tax-free EVs run out of road as Britain drops a budget bombshell - 12 hours 32 min ago
SCMP - UK’s Reeves unveils tax plan amid embarrassing budget leak - 23 hours 55 min ago



US suspends immigration requests for Afghans after National Guard shooting
BBC - 8 hours 40 min ago
The alleged gunman in the Washington shooting is an Afghan national who entered the US in September 2021.
COMMENTARY:
Indiatimes - 'Rapid gunshots': Eyewitnesses recall disturbing scene of National Guard shooting near White House - 8 hours 41 min ago
The Guardian - Police identify suspect in national guard shooting as Afghan man - 12 hours 8 min ago
The Independent - DC shooting updates: Two National Guard members have been hurt as gunfire erupts near White House - 17 hours 2 min ago



Asahi says 1.5 million customers' data potentially leaked in cyber-attack
BBC - 9 hours 44 min ago
The ransomware attack in September crippled Asahi's Japan operations and caused a drinks shortage.
RELATED:
BBC - Asahi says 1.5 million customers' data leaked in cyber-attack - 9 hours 44 min ago
COMMENTARY:
SCMP - Asahi admits cybersecurity ‘weakness’ after info of 2 million people stolen - 6 hours 38 min ago
The Guardian - Two London councils enact emergency plans after being hit by cyber-attack - 23 hours 45 min ago



Crypto Firm With Ties to Trumps Purges CEO Amid Legal Turmoil - Bloomberg.com
Bloomberg - 10 hours 5 min ago
Crypto Firm With Ties to Trumps Purges CEO Amid Legal Turmoil  Bloomberg.com
COMMENTARY:
BusinessInsider - Here's what big bank CEOs have said about AI's impact on head count - 1 hour 45 min ago
Indiatimes - Formula E CEO Jeff Dodds constantly looking for opportunities to bring race back to India - 1 hour 54 min ago
The Straits Times - Singapore CEOs stay in their jobs longer than global average, report finds - 11 hours 22 min ago
New York Post - Ex-mistress of former Google CEO Eric Schmidt accuses tech titan of rape, creepy surveillance: court docs - 17 hours 27 min ago



Georgia's pro-EU protesters defiant year after accession process was halted
BBC - 13 hours 23 min ago
The demonstrations began when Georgia's prime minister called a four-year halt on moves towards joining the EU.



Asia-Pacific markets set to open mixed after Wall Street gains as tech extends rebound
CNBC - 13 hours 27 min ago
Overnight, shares of artificial intelligence player Oracle boosted major U.S. averages after Deutsche Bank reaffirmed its bullish stance on the name.
COMMENTARY:
BusinessInsider - Here are 3 top tech-stock picks that can outperform without help from the AI trade, according to a Wall Street analyst - 3 hours 11 min ago



Apple projected to beat Samsung in smartphone shipments for first time since 2011
FOX Business - 16 hours 43 min ago
Shipments of iPhones are expected to surge 10% in 2025 as Apple reclaims smartphone leadership from Samsung, fueled by strong iPhone 17 series reception.
RELATED:
CNBC - Apple iPhone shipments to beat Samsung for the first time in 14 years, report says - 22 hours 47 min ago



Amazon investigated by FAA after delivery drone strikes internet cable
FOX Business - 17 hours 19 min ago
The FAA is investigating after an Amazon MK30 delivery drone struck an overhead internet cable in Waco, Texas, following a completed delivery on Nov. 18.
COMMENTARY:
New York Post - Amazon warns customers of holidays cyberattacks as FBI sees $300M in thefts: ‘Account takeover fraud’ - 18 hours 40 min ago



Traders bet big on Fed rate cut as December odds soar above 80% on prediction markets
FOX Business - 18 hours 34 min ago
Prediction markets Kalshi and Polymarket show a more than 80% probability of a 25-basis-point Federal Reserve interest rate cut at the central bank's Dec. 9-10 policy meeting.
COMMENTARY:
New York Times - Kevin Hassett Reportedly Becomes Front-Runner for Fed Chair - 23 hours 56 min ago



World's Central Banks Are Wary Of AI, Struggling To Quit The Dollar: Survey
NDTV - 19 hours 8 sec ago
Artificial Intelligence is not a core part of operations at most of the world's central banks and digital assets are off the table, according to a survey released on Wednesday by the Official Monetary and Financial Institutions Forum.
COMMENTARY:
Indiatimes - World's central banks are wary of AI and struggling to quit the dollar, survey shows - 23 hours 42 min ago



Trump’s record tariff haul meets Supreme Court review as White House braces for ruling
FOX Business - 20 hours 3 min ago
Tariff revenues hit record $34.2 billion in October as Supreme Court weighs Trump's trade authority. Stakes rise for economic agenda amid challenge.
COMMENTARY:
SCMP - Swiss probe Rolex gifts to Trump over bribery concerns after tariff deal - 55 min 59 sec ago
Indiatimes - Tariffs push U.S. stores to cut Black Friday deals as holiday costs rise - 1 hour 3 min ago



EU rethinks UAE trade deal over alleged arms sales to Sudan
Deutsche Welle - 20 hours 43 min ago
Members of the European Parliament demand that the EU end talks with the UAE over a trade deal. The UAE is suspected of sending arms to a Sudanese paramilitary accused of war crimes, which the Emirati government denies.
RELATED:
FOX Business - Trump admin negotiating Taiwan trade deal that would give US semiconductor boost: report - 23 hours 11 min ago



Bitcoin’s Drawdown Breaks Old Rule as Volatility Stays Tame - Bloomberg
Bloomberg - 21 hours 8 min ago
Bitcoin’s Drawdown Breaks Old Rule as Volatility Stays Tame  Bloomberg
COMMENTARY:
Indiatimes - Bitcoin price (BTC USD) surges above $90,000 ahead of Thanksgiving 2025: Ethereum, Solana, XRP, & Dogecoin rally amid crypto market recovery - 15 hours 28 min ago



Allianz to cut up to 1,800 jobs due to AI advances, says source - Reuters
Reuters - 22 hours 18 min ago
Allianz to cut up to 1,800 jobs due to AI advances, says source  Reuters
COMMENTARY:
Indiatimes - Tech layoffs November 2025: Apple, Synopsys, Hewlett-Packard, Playtika, HP & more cut jobs - which roles and departments are most affected - 15 hours 59 min ago
The Straits Times - Allianz to cut up to 1,800 jobs due to AI advances, says source - 23 hours 46 min ago



Vanguard fund strips out China in emerging markets investment play
FOX Business - 22 hours 32 min ago
Vanguard launches an exchange-traded fund to help investors access emerging markets like Brazil, India and Taiwan while avoiding China's risk and volatility.



Trump Says Will Meet Putin And Zelensky 'Only When Ukraine Deal Is Final'
NDTV - 23 hours 32 min ago
President Donald Trump dispatched top negotiators for additional high-level meetings with both Russia and Ukraine but said he would only be willing to meet the leaders of those countries if talks yielded a so-far elusive pact to end the war.
COMMENTARY:
Indiatimes - Modi-Putin Meet: India to seek five more S-400 squadrons in Russia talks - 6 hours 14 min ago
The Independent - Putin attempts to play traditional musical instrument on Kyrgyzstan state visit - 8 hours 10 min ago
The Guardian - Putin trying to negotiate an end to Ukraine war as he cannot win it on battlefield, says EU’s Kallas – as it happened - 20 hours 30 min ago



UK growth forecasts lowered from next year
BBC - 23 hours 42 min ago
Downgrades to productivity means the economy is set to grow at an annual rate of 1.5% on average over the next five years.
COMMENTARY:
Indiatimes - UK unveils tax-raising budget as growth downgraded - 22 hours 27 min ago