Business News - The Last 24 Hours

India suffer heaviest defeat as South Africa complete series sweep
BBC - 30 min 2 sec ago
South Africa hand India their heaviest defeat by runs to complete a compelling 2-0 series sweep in Guwahati on Wednesday.

Deutsche Welle - India flights impacted by Ethiopia volcano ash cloud - 20 hours 27 min ago

COMMENTARY:

Indiatimes - WTC Points Table: India slips below Pakistan in latest World Test Championship rankings after South Africa whitewash - 1 hour 15 min ago

"Weirdest" Thing Zohran Mamdani Saw At White House During Donald Trump Meet
NDTV - 1 hour 8 min ago
New York City's Mayor-elect Zohran Mamdani disclosed he spotted the "weirdest thing" during his White House meeting with President Donald Trump last week.

BBC - The looming election Trump can't afford to lose - 9 hours 8 min ago

CNBC - ‘Rush Hour 4’ revived after Trump urged Paramount Skydance to resurrect franchise, reports say - 11 hours 32 min ago

COMMENTARY:

Indiatimes - 'Ready for tough route too...': Trump says he’s willing to hold talks with Maduro to 'save lives' - 1 hour 51 min ago

New York Times - Donors to Trump’s Transition Revealed a Year Later - 4 hours 4 min ago

The Independent - Trump team takes ‘America first’ to National Parks and charges foreign visitors three times what citizens pay - 5 hours 7 min ago

SCMP - ‘Doing a great job’: Trump denies considering ouster of FBI Director Patel - 7 hours 10 min ago

The Guardian - Judge orders Trump administration to provide bond hearings to detained migrants - 9 hours 15 min ago

New York Post - Netflix steps up charm offensive to buy Warner Bros. Discovery even after Trump favors rival bid from Paramount - 10 hours 32 min ago

Sydney Morning Herald - ‘He’s a big fat slob’: Trump injects own brand of humour into beloved tradition - 13 hours 57 min ago

Russia Today - Trump ready to talk with Maduro – Axios - 19 hours 2 min ago

Tesla says it values China suppliers, does not exclude any by origin - Reuters
Reuters - 1 hour 29 min ago
Tesla says it values China suppliers, does not exclude any by origin Reuters

COMMENTARY:

BusinessInsider - Tesla celebrated a coming FSD win in Europe — then a regulator said not so fast - 16 hours 46 min ago

Crypto Worth $11 Million Stolen From OpenAI CEO Sam Altman's Ex's House
NDTV - 1 hour 49 min ago
A tech investor who once dated OpenAI CEO Sam Altman had his $11 million cryptocurrency stolen Saturday evening.

European stocks to open higher as Fed rate cut expectations rise; UK budget ahead
CNBC - 2 hours 56 min ago
European stocks are expected to open higher across the spectrum as expectations rise that the U.S. Federal Reserve will cut interest rates in December.

"Chennai Got 220,000 H-1B Visas": US Economist's "Fraud" Allegation
NDTV - 4 hours 58 min ago
America's H-1B visa programme is once again in hot water after an economist accused the system of fraud, alleging that the Chennai district in India obtained more than twice the total number of visas allowed nationwide.

COMMENTARY:

Indiatimes - How China leveraged its rare earths dominance over the US - 6 hours 24 min ago

SCMP - US must build on Global South’s G20 momentum, not undermine it - 11 hours 39 min ago

Ukraine updates: No firm deadline for peace deal, Trump says
Deutsche Welle - 5 hours 7 min ago
The US president said his envoy Witkoff is meeting Russia's Putin in Moscow next week. Ukraine's ambassador to the US told DW that lots of discussions were still taking place on Trump's peace plan. Follow DW for more.

NDTV - Zelesnky Says Ukraine Ready To Move Ahead With Trump's Peace Plan - 14 hours 15 min ago

CNBC - Ukraine reportedly agrees to U.S.-brokered peace proposal - 18 hours 29 min ago

Deutsche Welle - Can Visegrad be revived despite differences on Ukraine? - 18 hours 54 min ago

COMMENTARY:

The Independent - How Trump’s ‘drone guy’ has become key figure in Ukraine peace talks - 1 hour 20 min ago

Russia Today - US warns Ukraine of ‘imminent defeat’ – NBC - 1 hour 21 min ago

Sydney Morning Herald - ‘Drone guy’: The rising star who has become Trump’s man on Ukraine - 4 hours 39 min ago

Indiatimes - Zelenskiy says Ukraine ready to advance peace plan, will discuss disputed points with Trump - 8 hours 32 min ago

The Guardian - Trump envoy reportedly told Kremlin official that Ukraine must cede land for peace deal - 11 hours 21 min ago

SCMP - Ukraine ready to advance peace plan, will discuss disputed points with Trump - 14 hours 23 min ago

Ukraine says 'understanding' reached on US peace plan, as Trump envoy to meet Putin
BBC - 5 hours 9 min ago
Kyiv and Washington have moved closer to agreeing the shape of a deal to end the fighting, with Putin to be consulted next week.

RELATED:

NDTV - Trump Says Envoy Witkoff Will Meet Putin In Moscow To Discuss Peace Plan - 12 hours 39 min ago

Deutsche Welle - German club cuts ties with Russian gymnast linked to Putin - 17 hours 59 min ago

COMMENTARY:

Sydney Morning Herald - ‘A man for every season’: The new Putin calendar is here - 39 min 35 sec ago

The Independent - Ukraine-Russia war latest: Trump envoy to meet Putin after Kyiv welcomes ‘fine-tuned’ peace plan - 4 hours 55 min ago

Indiatimes - Trump says he's sending his envoys to see Putin and Ukrainians after fine-tuning plan to end war - 8 hours 21 min ago

Amazon faces FAA probe after delivery drone snaps internet cable in Texas
CNBC - 6 hours 58 min ago
The probe comes as Amazon faces stiffer competition from Walmart, which has also begun drone deliveries.

COMMENTARY:

BusinessInsider - Amazon is selling a budget espresso machine we love at an all-time low ahead of Black Friday - 15 hours 8 min ago

Indiatimes - Thanksgiving 2025 meal deals: Here are the best Thanksgiving meal deals from Walmart, Target, Amazon & more - 19 hours 32 min ago

US Envoy Advised Russia On How To Pitch Ukraine Plan To Trump: Report
NDTV - 7 hours 3 min ago
US presidential envoy Steve Witkoff, fresh from the triumph of the Gaza peace deal, held a phone call last month with a senior Kremlin official to suggest they work together on a similar plan for Ukraine - and that Vladimir Putin should raise it with

Deutsche Welle - Can Europe save frozen Russian assets from Donald Trump? - 11 hours 54 min ago

NDTV - Who Is Kirill Dmitriev, Russian Envoy Who Helped Craft New Ukraine Peace Plan - 14 hours 8 min ago

Reuters - Exclusive: Russia weighs how to prop up Russian Railways which is $51 billion in debt, sources say - Reuters - 19 hours 35 min ago

COMMENTARY:

The Guardian - Russia’s mindset has not changed since Yalta, says Von der Leyen, as EU discusses Ukraine peace plan – Europe live - 35 min 35 sec ago

SCMP - US-backed peace plan for Ukraine drew from Russian document: sources - 2 hours 28 min ago

Indiatimes - Russian Knights honour fallen Tejas' pilot Wing Commander Namansh Syal in ‘Missing Man’ tribute; watch video - 4 hours 27 min ago

Russia Today - NATO state seeks missiles able to strike deep inside Russia - 13 hours 10 min ago

BusinessInsider - A NATO ally staring down Russia is doubling down on HIMARS after Ukraine showed what they can do - 17 hours 23 min ago

The Independent - Ukraine-Russia war latest: Kyiv has ‘accepted Trump-brokered peace deal’, US official claims - 19 hours 22 min ago

Australia's consumer inflation accelerates to 3.8% in October, beating estimates
CNBC - 8 hours 12 min ago
Australia's inflation accelerated in October, rising at the fastest pace in seven months, the Australian Bureau of Statistics said Wednesday.

COMMENTARY:

The Guardian - Inflation up to 3.8% as price pressures rise and hopes for Reserve Bank interest rate cuts fall - 8 hours 33 min ago

New York Post - Inflation stifles US income growth ahead of holiday shopping season - 13 hours 10 min ago

AllAfrica - Nigeria: CBN Holds Benchmark Rate At 27 Percent As Inflation Continues to Ease - 17 hours 22 min ago

Asia-Pacific markets set to track Wall Street gains on rising Fed rate-cut expectations
CNBC - 9 hours 10 min ago
Overnight, key U.S. indexes rose on growing hopes for a U.S. Federal Reserve rate cut next month.

COMMENTARY:

The Straits Times - Wall Street ends higher as Federal Reserve rate cut bets gather momentum - 11 hours 34 min ago

Consumer confidence falls sharply as Americans worry about the economy
FOX Business - 11 hours 32 min ago
Consumer confidence plunged in November to lowest level since April as Americans cite inflation, tariffs, and uncertainty as weighing on sentiment, according to The Conference Board.

RELATED:

CNBC - Consumer confidence hits lowest point since April as job worries grow - 17 hours 42 min ago

COMMENTARY:

SCMP - Sour grapes? European wines left on the rack as China’s consumers cut back - 11 hours 9 min ago

Lopsided action in the stock market as Big Tech stumbles while retail shares rise
CNBC - 13 hours 7 min ago
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

RELATED:

CNBC - Jim Cramer's top 10 things to watch in the stock market Tuesday - 19 hours 15 min ago

COMMENTARY:

Indiatimes - December stock market rally at risk: AI fears and Fed decision could send S&P 500 tumbling - experts weigh in - 14 hours 54 min ago

The Hindu - Stock markets fall for 3rd day on foreign fund outflows; Sensex drops nearly 314 points - 21 hours 59 min ago

English mayors will get new powers to levy tourist taxes
BBC - 14 hours 1 min ago
Mayors will be given the power to charge tourists a tax for staying overnight in their towns and cities.

BBC - How will the government's sugar tax work? - 22 hours 36 min ago

COMMENTARY:

The Guardian - Budget 2025 live: Rachel Reeves to set out tax and spending changes - 36 min 13 sec ago

Indiatimes - Tax cuts dent revenue growth, less scope for fiscal policy support to economy: Moody's - 22 hours 48 min ago

Trump pardons Thanksgiving turkeys, blasts Biden and says Ukraine peace deal is ‘very close’
CNBC - 14 hours 25 min ago
Trump pardoned Thanksgiving turkeys at the White House, said a Ukraine peace deal may be getting close and attacked Biden over autopen as turkey prices rise.

COMMENTARY:

The Independent - Outrage as memo reveals Trump is going after refugees admitted to the US under Biden: ‘Unspeakably cruel’ - 16 hours 51 min ago

Indiatimes - 'Several 13–17-yr-old girls…': Biden admin was linked to child trafficking? Witness' chilling claim - 17 hours 55 min ago

Nvidia says its GPUs are a 'generation ahead' of Google's AI chips
CNBC - 14 hours 32 min ago
It was in response to Wall Street's concern that Google's TPU chips could threaten Nvidia's dominance of the AI infrastructure industry on Tuesday.

CNBC - Nvidia shares fall 3% on report Meta will use Google AI chips - 23 hours 43 min ago

COMMENTARY:

Indiatimes - Google Meet down: '502. That’s an error'. What does it mean? - 1 hour 35 min ago

The Hindu - Meta in talks to spend billions on Google's chips: Report - 4 hours 48 min ago

The Straits Times - Google, the sleeping giant in global AI race, now ‘fully awake’ - 6 hours 30 min ago

BusinessInsider - Nvidia: Happy for you, Google, but we're still better - 13 hours 52 min ago

New York Post - Nvidia shares sink 4% after report of Meta in talks to spend billions on Google chips - 15 hours 17 min ago

Oil Traders Eye Glut Yet Remain Haunted by Past Price Spikes - Bloomberg.com
Bloomberg - 14 hours 40 min ago
Oil Traders Eye Glut Yet Remain Haunted by Past Price Spikes Bloomberg.com

COMMENTARY:

Indiatimes - Oil falls as Ukraine signals support for framework of Russia peace deal - 7 hours 42 min ago

BusinessInsider - JPMorgan says oil prices could crash more than 50% in the next 2 years - 22 hours 54 min ago

Bitcoin Traders See Signs of Selloff Easing as Token Steadies - Bloomberg.com
Bloomberg - 15 hours 25 min ago
Bitcoin Traders See Signs of Selloff Easing as Token Steadies Bloomberg.com

COMMENTARY:

Indiatimes - Bitcoin crashes in November: Why US trading hours are driving massive BTC USD selloff - Crypto mirrors tech stock volatility - 13 hours 22 min ago

BusinessInsider - 2 reasons the latest bitcoin meltdown will be harder to recover from than prior crashes - 22 hours 39 min ago

Cracker Barrel CEO says she felt like got 'fired by America' after redesign backlash
FOX Business - 15 hours 56 min ago
Cracker Barrel CEO Julie Masino reflected on being "fired by America" after massive customer backlash over the restaurant's remodeling earlier this year.

COMMENTARY:

Indiatimes - 'Are you insane?': Billionaire CEO Jensen Huang explodes at Nvidia managers in all-hands meeting. Here's why - 48 min 39 sec ago

New York Post - Apple CEO Tim Cook’s potential successors include four top execs including iPhone, Mac guru - 14 hours 18 min ago

The Hindu - GST cut, strong monsoon, better reservoir levels to drive India’s demand for farm machinery up during H2: VST Tillers Tractors CEO - 19 hours 18 sec ago

BusinessInsider - I'm the founder and CEO of a luxury bean company. I start my day with coffee and end it with a hot bath. - 21 hours 56 min ago

Bessent: New Fed chair pick coming by Christmas
FOX Business - 17 hours 5 min ago
Federal Reserve Chair Jerome Powell's term ends in May 2026, but that isn't stopping Treasury Secretary Scott Bessent from moving ahead with finding his replacement.

COMMENTARY:

SCMP - China sets strongest yuan fix in over a year as Fed-cut bets rise - 3 hours 59 min ago

Indiatimes - S&P 500, Nasdaq and Dow rally for third day as Fed rate-cut bets surge amid growing spotlight on Google-Nvidia AI chip battle - 9 hours 12 min ago

BusinessInsider - Trump could make a decision on a new Fed chair 'before Christmas.' See who's on the short list - 16 hours 30 min ago

Hong Kong: Young activists suffer in silence
Deutsche Welle - 17 hours 7 min ago
Five years after a Beijing-imposed national security law reshaped Hong Kong, two young ex-prisoners discover a freedom defined by an unsettling silence.

COMMENTARY:

SCMP - Major fire in Hong Kong’s Tai Po leaves 2 severely burned, residents trapped - 25 min 20 sec ago

Fed governor says current economy is 'calling for large interest rate cuts' to help job market
FOX Business - 17 hours 42 min ago
Fed governor Stephen Miran calls for large interest rate cuts, warning that current policy is "holding the economy back" and pushing unemployment higher.

COMMENTARY:

The Guardian - UK can create 5,400 jobs if it stops plastic waste exports, report finds - 22 hours 41 min ago

BusinessInsider - Workers are leaning into entrepreneurship as the job market's Great Freeze marches on - 23 hours 33 min ago

TSMC stock falls as it sues former exec alleging he took trade secrets to Intel
CNBC - 17 hours 56 min ago
TSMC on Tuesday filed a lawsuit against Wei-Jen Lo, a former senior vice president at the Taiwanese semiconductor firm who recently joined Intel.

Core wholesale prices rose less than expected in September; retail sales gain
CNBC - 18 hours 52 min ago
The producer price index was expected to increase 0.3% in September, according to the Dow Jones consensus estimate.

COMMENTARY:

Indiatimes - US retail sales growth cools; consumer sentiment sags amid job market worries - 8 hours 34 min ago

5 on board American Airlines flight hospitalized after odor diverts plane
FOX Business - 20 hours 49 min ago
American Airlines Flight 2118 was diverted to Houston, Texas, after the crew "reported fumes in the flight deck and cabin," according to the FAA.

COMMENTARY:

The Independent - Airlines urged to ditch unhealthy plane snacks in latest push to overhaul US travel - 14 hours 16 sec ago

India considering import tariff on some steel products, source says - Reuters
Reuters - 21 hours 17 min ago
India considering import tariff on some steel products, source says Reuters

COMMENTARY:

Indiatimes - India sees an upward economic growth target revision with a warning on Trump tariffs - 5 hours 10 min ago

The Independent - Your new fake Christmas tree is going to cost more this year - thanks to Trump’s tariffs - 12 hours 56 min ago

BusinessInsider - Abercrombie & Fitch, Walmart, Nike, and other major brands that say Trump's tariffs are pushing them to raise prices - 16 hours 38 min ago

The Hindu - Slash tariff on aluminium, ASMA appeals to Govt. - 17 hours 13 min ago

New York Times - Tariffs and Strike Drive ‘Once-in-a-Lifetime’ Boost for Canadian Wine - 23 hours 7 min ago

Alibaba shares rise as AI drives 34% cloud sales jump
CNBC - 22 hours 15 min ago
Alibaba reported a 34% year-on-year rise in cloud computing revenue to 39.8 billion yuan.

COMMENTARY:

BusinessInsider - Alibaba's CEO says he doesn't see 'much of an issue' with an AI bubble and plans to invest 'aggressively' - 55 min 31 sec ago

The Hindu - Alibaba’s cloud business revenue soars 34% driven by AI boom - 4 hours 29 min ago

Indiatimes - Alibaba stock surges as AI-powered cloud revenue beats Wall Street estimates and lifts BABA share price outlook — Is BABA a Buy? - 20 hours 42 min ago

SCMP - Alibaba posts 5% rise in quarterly revenue on AI, cloud momentum - 22 hours 9 min ago

Germany news: Police raid properties linked to bomb threats
Deutsche Welle - 22 hours 22 min ago
German authorities carry out raids across four states as they look into a case concerning a wave of bomb threats at schools and public spaces. Plus, events on the economy and foreign policy take place in Berlin.

RELATED:

Deutsche Welle - Germany news: Economy hampered in Q3 by weak exports - 23 hours 12 min ago