Business News - The Last 24 Hours

ETFs make it easier to invest in gold — the tax treatment may be the tricky part. Here's what to know
CNBC - 37 min 40 sec ago
There are a few different types of ETFs that let you get some exposure to gold, but gains on the sale of them may be taxed in a way you weren't expecting.

COMMENTARY:

The Hindu - Excise duty to ensure tax incidence on tobacco remains same after GST cess ends: Sitharaman - 2 hours 1 min ago

Indiatimes - Despite tax short-fall, Govt on track to meet fiscal deficit and CAPEX targets: PwC India - 2 hours 39 min ago

BusinessInsider - Inside the tax that incentivizes boomers to die in their homes, rather than selling — because it's better for their kids - 22 hours 26 min ago

November private payrolls unexpectedly fell by 32,000, led by steep small business job cuts, ADP reports
CNBC - 1 hour 12 min ago
The payrolls decline marked a sharp step down from October, which saw an upwardly revised gain of 47,000 positions.

COMMENTARY:

The Straits Times - Digital bank GXS cuts 82 jobs across the group, about 10% of its workforce - 9 hours 40 min ago

The niche real estate sector that’s luring big money for small kids' care
CNBC - 1 hour 21 min ago
Since the end of 2024, the number of early education properties available for sale has grown by 14%, reaching a total of 158, according to B+E.

Trump Deserves Credit For Peace Deal In "Dangerous" India-Pak Clash: Marco Rubio
NDTV - 1 hour 55 min ago
US Secretary of State Marco Rubio claimed that American President Donald Trump brokered several peace deals, such as the "very dangerous ones like India and Pakistan", and deserves "tremendous credit" for reshaping the foreign policy.

BBC - India scraps order to pre-install state-run cyber safety app on smartphones - 3 hours 48 min ago

COMMENTARY:

Indiatimes - This island in Abu Dhabi has paired a Bollywood actor with an AI influencer to tap young Indian travellers - 1 hour 3 min ago

The Straits Times - Adani Group plans $19 billion India airports expansion by 2030 - 13 hours 8 min ago

The Hindu - Finland to hold road shows on circular economy in India next year - 21 hours 52 min ago

The Guardian - Indian order to preload state-owned app on smartphones causes political outcry - 22 hours 57 min ago

Musk predicts 2 Vance terms to succeed Trump in DOGE reunion
FOX Business - 1 hour 59 min ago
Elon Musk predicted JD Vance will serve two presidential terms after Donald Trump, calling it the start of a "12-year span" during a DOGE reunion.

RELATED:

NDTV - Trump Accounts Explained: How Every Child Can Get $1,000 At Birth - 4 hours 35 min ago

BBC - Trump says he doesn't want Somalis in US as ICE plans Minnesota operation - 11 hours 19 min ago

FOX Business - Top Senate banking leader reveals whether he will support Trump’s pick to lead the Fed - 15 hours 52 min ago

CNBC - Trump Media settles legal dispute with firm's co-founders - 16 hours 13 sec ago

Deutsche Welle - Honduran ex-president pardoned by Trump, leaves prison - 21 hours 8 min ago

COMMENTARY:

The Guardian - Family of victim of Trump boat airstrikes files complaint against ‘extrajudicial killing’ | First Thing - 1 hour 42 min ago

The Independent - How the world’s largest humanitarian organisation is changing in the era of Trump’s aid cuts - 1 hour 53 min ago

Indiatimes - A president increasingly out of touch: Trump has lost his political superpower, polls show - 2 hours 39 min ago

New York Times - Fed Pick Puts Pressure on Bessent to Deliver for Trump - 4 hours 25 min ago

Russia Today - Trump gave Maduro exit ultimatum – Reuters - 8 hours 12 min ago

The Straits Times - Trump family assets plunge 90% or more, outpacing crypto crash - 12 hours 9 min ago

SCMP - Trump seizes on China ‘ban’ in Brazil soy trade, but data shows US gains small - 14 hours 57 min ago

Sydney Morning Herald - Trump ‘seriously’ considering version of Australia’s superannuation system - 16 hours 1 min ago

Why Silver Price Has Been Surging Even More Than Gold - Bloomberg.com
Bloomberg - 2 hours 26 min ago
Why Silver Price Has Been Surging Even More Than Gold Bloomberg.com

COMMENTARY:

Indiatimes - Gold price, silver rate: Gold rate, silver price fall, all eyes now on U.S. Fed interest rate cut meeting - 1 hour 7 min ago

Former EU top diplomat Mogherini accused in fraud investigation
BBC - 2 hours 27 min ago
The inquiry centres on allegations of favouritism in EU funding for a training programme at a school headed by Federica Mogherini.

RELATED:

NDTV - Indian National Gets 2 Years Jail For $1.17 Million US Medicare Fraud - 11 hours 53 min ago

Deutsche Welle - European fraud probe targets former EU official Mogherini - 23 hours 30 min ago

COMMENTARY:

The Guardian - Ex-EU top diplomat Federica Mogherini accused of fraud and corruption - 2 hours 1 min ago

The Independent - Former EU foreign policy chief Federica Mogherini faces corruption accusations in fraud probe - 2 hours 21 min ago

Indiatimes - Giving SC benefits to converts to Christianity is a fraud on the Constitution: Allahabad High Court - 2 hours 55 min ago

SCMP - Big Brother or fraud guard? India rushes to reassure users about ‘snooping’ app - 11 hours 39 min ago

China central bank local branches survey some lenders on bond investments, sources say - TradingView
Reuters - 4 hours 15 min ago
China central bank local branches survey some lenders on bond investments, sources say TradingView

Monte dei Paschi board to discuss probe of CEO over Mediobanca, source says - Reuters
Reuters - 4 hours 20 min ago
Monte dei Paschi board to discuss probe of CEO over Mediobanca, source says Reuters

RELATED:

NDTV - OpenAI CEO Urges 'Code Red' ChatGPT Push, Reveals Internal Memo - 6 hours 38 min ago

CNBC - 'Advice was so good,' says CEO who used ChatGPT to pitch new ideas to AI versions of business icons - 23 hours 25 min ago

COMMENTARY:

Indiatimes - ‘The future will be AI-native’: Hitachi Digital Services CEO Roger Lvin says humans and intelligent systems will work together - 44 min 57 sec ago

BusinessInsider - Lowe's CEO says AI isn't just about replacing jobs - 3 hours 35 min ago

The Guardian - Future Fund spent $20,000 to send CEO’s former executive assistant on business class trip to scope hotels in US - 9 hours 44 min ago

Commandos, Snipers, Drones, AI: 5-Layer Security Ring For Putin In India
NDTV - 5 hours 9 min ago
Highly trained personnel from Russia's Presidential Security Service, top commandos from India's National Security Guard, snipers, drones, jammers, and AI monitoring - a five-layer security ring has been prepped ahead of Russia President Putin's trip

COMMENTARY:

The Independent - Putin doesn’t want peace – and Trump’s baffling error has made it easy for him - 3 hours 21 min ago

Indiatimes - Upcoming Modi meeting to address trade expansion, including higher Indian imports: Putin - 8 hours 7 min ago

Sydney Morning Herald - ‘Ready right now’: Putin warns of war with Europe ahead of Ukraine talks - 19 hours 26 min ago

India is set to host Russia's Putin, deepening trade ties, unfazed by punitive U.S. tariffs
CNBC - 5 hours 49 min ago
The two countries are looking to strengthen trade ties and are likely to sign bilateral interdepartmental and business agreements during Putin's visit.

COMMENTARY:

New York Times - Ahead of Tariff Ruling, Businesses Race to Secure Refunds - 4 hours 25 min ago

Indiatimes - Costco becomes the largest company to challenge Donald Trump’s tariffs; here are the other firms suing Trump administration for refunds - 14 hours 46 min ago

The Guardian - Costco sues Trump administration over sweeping use of emergency tariff powers - 21 hours 1 min ago

The Photo That Became A Symbol For Hong Kong's Deadly Fire
NDTV - 5 hours 53 min ago
Wong's plight - arms raised in anguish and weeping as he stands against the backdrop of what became Hong Kong's deadliest fire since 1948 - was captured in a Reuters photograph.

RELATED:

Deutsche Welle - Has Hong Kong fire triggered 'national security' crackdown? - 21 hours 28 min ago

COMMENTARY:

SCMP - Fire sprinklers, smoke detectors can help offset risk in Hong Kong: experts - 1 hour 59 min ago

New York Times - The Hong Kong Fire: A Crisis in the National Security Era - 5 hours 38 min ago

Sydney Morning Herald - The man whose grief spoke to the world as Hong Kong towers burned - 13 hours 23 min ago

Indiatimes - Hong Kong leader orders independent probe into fire that killed 151 - 19 hours 52 min ago

iPhone 17 will drive record Apple shipments in 2025, IDC says
CNBC - 6 hours 11 sec ago
Apple will ship 247.4 million iPhones in 2025, up just over 6% year-on-year, research firm IDC forecast.

COMMENTARY:

SCMP - Ex-Apple engineer unveils chip to rival Vision Pro for XR headsets, AI glasses - 1 hour 27 min ago

Indiatimes - Latest iPhone rumors indicate Apple will launch new model early next year - key features and all details - 1 hour 31 min ago

BusinessInsider - I quit Apple and had to rebuild my life at 40. Starting over has taught me how to value my whole self. - 4 hours 3 min ago

New York Post - Apple shakes up AI team as top exec John Giannandrea steps down - 19 hours 21 min ago

Russia 'ready' for war with Europe, Putin says, as Ukraine peace talks fail to deliver breakthrough
CNBC - 6 hours 51 min ago
Russian President Vladimir Putin doubled down on threats toward Europe ahead of peace talks with the U.S., saying Moscow was "ready" for war.

RELATED:

NDTV - Putin's India Visit To Test New Delhi's US-Russia Balancing Act - 7 hours 38 min ago

Deutsche Welle - Ukraine updates: US, Russia say 'some progress' made in Ukraine talks, obstacles remain - 8 hours 4 min ago

COMMENTARY:

The Guardian - European Commission plans ‘reparations loan’ to Ukraine using frozen Russian assets - 47 min 4 sec ago

Indiatimes - Defence ministers of Russia, India to hold key talks on Thursday - 1 hour 52 min ago

The Independent - EU strikes deal to ban Russian gas imports - 2 hours 47 min ago

Russia Today - Fabergé egg made for Russian tsar smashes auction record - 2 hours 51 min ago

SCMP - China, Russia united against ‘Japanese militarism’ as Wang Yi, Shoigu meet - 4 hours 45 min ago

The Hindu - Europe reaches deal on phasing out Russian gas imports by 2027 - 8 hours 11 min ago

CNBC's The China Connection newsletter: Three economic flashpoints for 2026
CNBC - 7 hours 28 min ago
China's top leaders are expected to discuss economic plans for the year ahead during an annual meeting next week.

COMMENTARY:

Indiatimes - Global finances in peril? Debt levels hit insane highs as Japan, US, China, EMU lean on leverage - 1 hour 10 min ago

SCMP - Living to 79: China’s record longevity puts economic wrinkles in focus - 1 hour 57 min ago

Search for long-missing Malaysia Airlines flight MH370 to resume
BBC - 9 hours 15 min ago
The Boeing 777 with 239 people on board vanished in 2014 in one of the greatest aviation mysteries.

COMMENTARY:

The Guardian - Search for Malaysia Airlines flight MH370 to resume over 11 years after plane went missing - 11 hours 7 min ago

The Hindu - Air India, other airlines face check-in system glitches briefly on December 2 - 13 hours 19 min ago

"Null And Void": Trump Declares Biden's Autopen-Signed Documents Terminated
NDTV - 10 hours 17 min ago
US President Donald Trump declared all official documents signed by his predecessor Joe Biden, using an autopen, "null, void, and of no further force or effect."

COMMENTARY:

Indiatimes - Trump declares all Biden autopen-signed documents, including pardons "null and void" - 13 hours 20 min ago

The Guardian - Trump terminates all documents, including pardons, signed by Joe Biden - 14 hours 15 min ago

New York Post - Trump’s SEC chair blasts Biden over ‘weaponized’ woke capitalism - 22 hours 28 min ago

Anthropic reportedly preparing for one of the largest IPOs ever in race with OpenAI: FT
CNBC - 10 hours 56 min ago
Anthropic, the AI startup behind the popular Claude chatbot, is reportedly in talks to launch one of the largest initial public offerings ever as 2025.

COMMENTARY:

Indiatimes - WeWork India gets relief as Bombay High Court dismisses petitions against IPO - 8 hours 45 min ago

The Straits Times - UltraGreen.ai shares jump 10% over IPO price in SGX trading debut - 12 hours 34 min ago

SCMP - From chips to noodles: the newcomers testing Hong Kong’s buoyant IPO market - 14 hours 58 min ago

Explained: A Look At What Ukraine Peace Deal May Look Like
NDTV - 11 hours 9 min ago
US President Donald Trump's envoy, Steve Witkoff, visited Moscow for talks on Tuesday with Russian President Vladimir Putin about a possible agreement to end the war in Ukraine.

RELATED:

BBC - Kremlin signals no breakthrough after Ukraine talks with US - 12 hours 30 min ago

Deutsche Welle - Europeans don't have much say in US-run Ukraine peace talks - 21 hours 37 min ago

COMMENTARY:

The Guardian - Pope Leo stresses importance of European involvement in efforts to end war in Ukraine - 1 hour 57 min ago

Indiatimes - Kremlin says ready to hold as many Ukraine talks with US as necessary - 3 hours 2 min ago

SCMP - Macron begins China visit with EU trade ties and Ukraine war high on the agenda - 4 hours 36 min ago

Russia Today - Rubio names key obstacle in Ukraine talks - 6 hours 54 min ago

Airbus to inspect some planes over 'quality issue' with panels
BBC - 11 hours 52 min ago
The announcement comes days after a massive recall affecting thousands of the firm's A320 fleet.

RELATED:

BBC - Airbus to inspect some planes over 'quality issue' with panels - 11 hours 52 min ago

COMMENTARY:

The Guardian - Airbus cuts plane delivery target amid A320 fuselage problem - 2 hours 37 min ago

Exclusive: Netflix, Warner Bros Discovery combo seen lowering costs for consumers, sources say - Reuters
Reuters - 13 hours 33 min ago
Exclusive: Netflix, Warner Bros Discovery combo seen lowering costs for consumers, sources say Reuters

COMMENTARY:

Indiatimes - Netflix, Warner Bros Discovery combo seen lowering costs for consumers, sources say - 13 hours 20 min ago

Jim Cramer says OpenAI’s real ‘code red’ is a funding problem, not Google’s Gemini
CNBC - 14 hours 38 min ago
Jim Cramer says OpenAI’s “code red” over Google’s Gemini masks a deeper threat: the company’s limited access to capital compared with Big Tech rivals.

RELATED:

CNBC - OpenAI is under pressure as Google, Anthropic gain ground - 21 hours 57 min ago

COMMENTARY:

BusinessInsider - Ex-Google CEO Eric Schmidt says AI isn't overhyped — the biggest gains from automating corporate work are still ahead - 2 hours 15 min ago

Indiatimes - Google's big Android 16 QPR2 update for Pixel models released: Check full list of devices and key features - 10 hours 34 sec ago

New York Post - OpenAI’s Sam Altman declares ‘code red’ to improve ChatGPT as Google catches up: reports - 18 hours 25 min ago

Asia-Pacific markets set to open mixed after Wall Street's tech-fueled recovery
CNBC - 14 hours 44 min ago
Investors in Asia will also look toward GDP data from both South Korea and Australia.

COMMENTARY:

BusinessInsider - Finally, a major Wall Street firm is going against the grain and warning of an AI 'air pocket' - 3 hours 48 min ago

Oil and gas prices expected to stay significantly lower through 2026
FOX Business - 17 hours 5 sec ago
Oil and gas prices are set to drop by 2026, with Brent crude falling to $55 per barrel and retail gas reaching $3 per gallon, according to new EIA projections.

Amazon announces new AI chips, closer Nvidia ties — but it's cloud capacity that matters most
CNBC - 17 hours 7 min ago
Amazon Web Services' two-track approach to artificial intelligence came into better focus Tuesday.

RELATED:

Reuters - Amazon to use Nvidia tech in AI chips, roll out new servers - Reuters - 18 hours 31 min ago

CNBC - Amazon launches cloud AI tool to help engineers recover from outages faster - 22 hours 24 min ago

COMMENTARY:

The Hindu - Amazon to use Nvidia tech in AI chips, roll out new servers - 9 hours 1 min ago

SCMP - Amazon to use Nvidia tech in AI chips, roll out new servers - 11 hours 23 min ago

BusinessInsider - Amazon is speeding up its delivery with a new ultrafast test that arrives in 30 minutes or less - 16 hours 53 min ago

Boeing stock soars 10% on CFO's latest forecast. Here's why it can keep rallying
CNBC - 18 hours 42 min ago
The action is especially heartening after Boeing's messy third-quarter earnings report in October.

COMMENTARY:

Indiatimes - Malaysia revives hunt for missing Boeing 777 which vanished 11 years ago - When will the mystery of long-missing flight MH370 be solved after two fruitless searches - 8 hours 41 min ago

The Straits Times - Equities rise on Fed rate cut optimism, Boeing jumps - 16 hours 41 min ago

Warner Bros Discovery gets mostly cash offer from Netflix, source says - Reuters
Reuters - 21 hours 27 min ago
Warner Bros Discovery gets mostly cash offer from Netflix, source says Reuters

COMMENTARY:

Indiatimes - Stranger Things may be ending soon, but Netflix has found a ‘novel’ way to keep the story alive - 1 hour 59 min ago

BusinessInsider - Ex-Netflix executive details how a 'visionary' project slowly unraveled into an alleged $11 million fraud - 14 hours 50 min ago

New York Post - Paramount Skydance has a ‘plan B’ if Netflix wins auction for Warner Bros. Discovery: sources - 15 hours 15 min ago

The Guardian - Stranger Things season 5 breaks Netflix viewership record - 17 hours 14 min ago

Trump Family-Linked American Bitcoin Sinks on Crypto Downturn - Bloomberg.com
Bloomberg - 22 hours 34 min ago
Trump Family-Linked American Bitcoin Sinks on Crypto Downturn Bloomberg.com

COMMENTARY:

Indiatimes - BTC USD price today: Why is Bitcoin surging and why $200 billion in market cap was added in 36 hours - altcoins join crypto rally - 1 hour 2 min ago

New York Times - Bitcoin’s Sky-High Prices Have Not Panned Out - 4 hours 25 min ago

BusinessInsider - 'Big Short' investor Michael Burry says bitcoin is the 'tulip bulb of our time' - 23 hours 58 min ago

Michael Burry calls Tesla 'ridiculously overvalued' and knocks tech industry for a widely used practice
CNBC - 23 hours 50 min ago
"The Big Short" investor Michael Burry put Tesla's valuation in the spotlight.

COMMENTARY:

BusinessInsider - Tesla scored a win in China just as its biggest rival stumbled - 3 hours 26 min ago

The Guardian - Tesla privately warned UK that weakening EV rules would hit sales - 8 hours 27 min ago