Business News - The Last 24 Hours

Oil prices fall more than 1% after Trump says Iran wants to negotiate
CNBC - 1 hour 8 min ago
President Donald Trump said the Iranians had reached out to him and suggested that they send a delegation to the White House to negotiate.
RELATED:
Bloomberg - Russia's Faltering Oil Flows Crimp Gains From Rally in Prices - Bloomberg.com - 6 hours 23 min ago
COMMENTARY:
Indiatimes - Israel-Iran tensions spark oil price worry for India: CEA - 2 hours 34 min ago
AllAfrica - Africa: Israel-Iran Conflict - Crude Oil Prices Drop to $73pb As Tension Eases - 4 hours 3 min ago
New York Times - Oil Prices Climb as Trump Calls for Iran’s ‘Surrender’ - 16 hours 45 min ago



Amazon's Zoox boosts robotaxi production ahead of first commercial launch in Las Vegas
CNBC - 1 hour 16 min ago
The facility will help Zoox grow its robotaxi fleet, eventually producing 10,000 vehicles a year once it's at full scale.
RELATED:
FOX Business - Amazon CEO says AI will reduce his company's workforce - 3 hours 26 min ago
CNBC - AI will shrink Amazon's workforce in the coming years, CEO Jassy says - 22 hours 11 min ago
COMMENTARY:
The Guardian - Amazon boss tells staff AI means their jobs are at risk in coming years - 8 hours 36 min ago
BusinessInsider - Amazon's CEO told employees to get on board with AI. Career coaches and tech leaders agree: It's the only way forward. - 10 hours 21 min ago
The Straits Times - Amazon CEO says AI will reduce tech giant’s corporate workforce - 16 hours 55 min ago
The Independent - Amazon plans to cut corporate jobs as it turns more to AI - 19 hours 49 min ago
New York Post - Amazon CEO Andy Jassy admits AI will ‘reduce’ corporate workforce - 21 hours 31 min ago



Donald Trump On Striking Iran: "I May Do It, I May Not Do It"
NDTV - 1 hour 48 min ago
US President Donald Trump said he may or may not join Israeli strikes on Iran, hours after Tehran's supreme leader Ayatollah Ali Khamenei said the country will "never surrender".
RELATED:
CNBC - Trump says 'stupid' Powell 'probably won't cut' rates when Fed meeting ends Wednesday - 2 hours 7 min ago
Bloomberg - Trump ‘Playing With Fire’ on Dollar Threatens Further Declines - Bloomberg.com - 5 hours 42 min ago
Reuters - Thousands of Iranians flee Tehran bombing; Trump said to consider joining Israel in strikes - Reuters - 6 hours 23 min ago
Deutsche Welle - US judge blocks Trump ban on gender neutral passports - 6 hours 51 min ago
NDTV - Trump Administration Ordered To Issue Passports To Trans Americans With 'X' - 9 hours 12 min ago
BBC - Trump's Iran dilemma exposes bitter split in president's circle - 14 hours 18 min ago
Associated Press - Appeals court seems likely to keep Trump in control of National Guard deployed in Los Angeles - AP News - 16 hours 40 min ago
FOX Business - Trump administration says blue-collar wages rising fastest in more than 50 years - 19 hours 40 min ago
COMMENTARY:
New York Times - Trump’s Trade Policies Prompt Companies to Raise Prices, Cut Staff - 18 min 45 sec ago
Russia Today - Iran’s supreme leader fires back at Trump - 27 min 26 sec ago
SCMP - Where is Trump’s ‘all-American’ phone made? Analysts point to Asia - 37 min 8 sec ago
The Guardian - Nippon Steel acquires US Steel for $14.9bn with ‘golden share’ for Trump - 40 min 30 sec ago
Indiatimes - ‘It’s very late...’: Trump's dire 'good luck' message for Khamenei amid Iran-Israel conflict - 1 hour 3 min ago
New York Post - Nippon Steel’s $15B purchase of US Steel closes — with big role for Trump - 1 hour 20 min ago
The Independent - Trump says ‘nobody knows what I’m going to do’ about Iran as he warns ‘the next week will be big’ - 1 hour 52 min ago
Sydney Morning Herald - Trump weighing up US involvement in Middle East - 9 hours 42 min ago
BusinessInsider - Trump family unveils Trump Mobile with a flashy $500 gold smartphone - 20 hours 55 min ago



Trump slams 'stupid' Fed Chair Jerome Powell ahead of interest rate decision
FOX Business - 2 hours 14 min ago
President Donald Trump slammed Federal Reserve Chairman Jerome Powell as "stupid" before the central bank's interest rate announcement on Wednesday afternoon.
COMMENTARY:
New York Times - How to read the Fed’s projections like a pro. - 26 min 3 sec ago
Indiatimes - US Stock market today: Dow jumps 250 points, S&P 500 and Nasdaq rise as Tesla, Amazon, JPMorgan, Nvidia and Enphase rally ahead of Fed decision and Middle East crisis escalates - 1 hour 18 min ago



England pick Pope over Bethell for first India Test
BBC - 3 hours 7 min ago
England stick with Ollie Pope at number three rather than recalling Jacob Bethell for the first Test against India, starting on Friday.
RELATED:
BBC - Lone survivor of Air India crash lays to rest brother who didn't make it - 4 hours 54 min ago
NDTV - Big Breakthrough In India-Canada Ties, Months After Diplomatic Fallout - 15 hours 6 min ago
Deutsche Welle - Carney and Modi meet to reset India-Canada relations - 17 hours 23 min ago
COMMENTARY:
Indiatimes - ICC Women’s T20 World Cup 2026 schedule: England to play the opening match, when is India vs Pakistan? Complete list - 23 min 43 sec ago
The Hindu - Tata Elxsi, German chip firm to develop EV solutions for India - 1 hour 5 min ago
The Straits Times - Standard Chartered cuts jobs in Singapore; moves them to India: Finance jobs portal - 4 hours 8 min ago
SCMP - Air India crash: safety focus at all-time high as competition takes backseat - 5 hours 37 min ago
AllAfrica - Ethiopia: Ethiopian Expands Indian Route to Boost Tourism - 6 hours 19 min ago
The Guardian - The miracle of seat 11A and the tragedy of an Air India crash - 14 hours 38 min ago



What you need to know about Kenyan protester's shooting
Deutsche Welle - 3 hours 19 min ago
The shooting in one of Nairobi's busiest streets outraged many Kenyans who have long witnessed officers abusing protesters and bystanders. Human rights groups are concerned about the rising lawlessness in Kenya.
RELATED:
Deutsche Welle - Kenya: How police shooting of an unarmed protester happened - 3 hours 19 min ago
BBC - Protesters gather ahead of Kneecap rapper court appearance - 7 hours 4 min ago



How the Iran-Israel conflict could destabilize Pakistan
Deutsche Welle - 3 hours 22 min ago
The Israel-Iran conflict could trigger new security and economic challenges for Pakistan, which is already grappling with militancy, separatism and economic instability.
RELATED:
Deutsche Welle - Can Israel's economy withstand multiple conflicts? - 3 hours 50 min ago
COMMENTARY:
Indiatimes - Panic in Tehran as Israel–Iran war enters next phase: Trump eyes U.S. response amid rising global fears - 2 hours 47 min ago
AllAfrica - Nigeria: Israel-Iran Tensions Threaten FDI, Portfolio Inflows to Nigeria, Others - 6 hours 41 min ago



'Most taxpayers will see a cut': Senate's tax plan for Trump’s spending package would permanently extend TCJA cuts
CNBC - 3 hours 38 min ago
Among the core principles of both the House and Senate versions of the budget bill is permanently extending Trump's 2017 tax cuts.
RELATED:
CNBC - How child tax credit would change under Senate, House GOP's 'big beautiful' spending bills - 7 hours 8 min ago
FOX Business - Senate Republicans unveil bill to make Trump tax cuts permanent: Here's what to know - 21 hours 11 min ago
COMMENTARY:
The Guardian - Lifetime tax breaks for mothers should be a priority, argues Liberal MP before party review - 1 hour 37 min ago
Indiatimes - At Rs 1.5 lkh cr, advance tax mop-up grows just 4% amid global uncertainties - 17 hours 8 min ago



Klarna CEO wants to turn the platform into a 'super app' with AI
CNBC - 4 hours 33 min ago
The buy now, pay later giant's IPO may be on hold — but its business strategy remains the same, according to CEO Sebastian Siemiatkowski.
RELATED:
FOX Business - ExxonMobil CEO talks oil supply amid Iran-Israel conflict - 20 hours 25 min ago
COMMENTARY:
The Guardian - News Corp boss earns $42m as highest-paid CEO of Australian-listed company - 1 hour 37 min ago
BusinessInsider - Lowe's CEO says young workers should stay away from the corporate office and close to the cash register - 6 hours 53 min ago
Indiatimes - Thyssenkrupp deputy chairman to vote against new CEO contract over 'fundamental mistrust' - 7 hours 28 min ago
The Straits Times - Meta tried to poach OpenAI staff with US$100m bonuses, says CEO Sam Altman - 16 hours 34 min ago



Graphics: China, Sri Lanka deepen trade cooperation
CGTN - 4 hours 43 min ago
China and Sri Lanka have deepened economic and trade cooperation, with China now ranking as Sri Lanka's second-largest trading partner and second-largest source of imports. In 2024, bilateral trade between the two countries surged by over 30 percent year on year, reaching $5.36 billion. China's exports accounted for $4.97 billion, while imports from Sri Lanka totaled $392 million.Sri Lanka will be the guest country of honor at the 9th China-South Asia Expo, set to take place from June 19 to 24 i ...
RELATED:
CGTN - Rethinking the logic of investing in China - 8 hours 12 min ago
COMMENTARY:
SCMP - After tight-lipped talks in London, the US-China silence speaks volumes - 18 hours 38 min ago
Indiatimes - China's new home demand to remain below 2017 peak: Goldman Sachs - 21 hours 30 min ago



Austria plans gun control measures after school shooting
Deutsche Welle - 4 hours 52 min ago
After a shooter killed 10 people at a school in Graz, Austria's government is tightening rules on gun purchases by raising the minimum age and calling for more psychological screening.
COMMENTARY:
The Independent - Austria plans stricter gun laws following deadly school shooting - 2 hours 46 min ago



Mortgage demand drops, even as rates fall to the lowest since April
CNBC - 5 hours 38 min ago
Mortgage demand to buy a home and to refinance a loan dropped, despite falling interest rates. Weak consumer confidence is the culprit.
RELATED:
CNBC - The Fed is likely to keep rates the same, but give a forecast that moves markets. What to expect - 21 hours 2 min ago
COMMENTARY:
The Hindu - Shriram Finance to revise interest rates on fixed deposits from June 26 - 14 min ago
New York Times - What the Fed’s Rate Decision Means for Loans, Credit Cards, Mortgages and More - 33 min 47 sec ago
The Guardian - UK inflation falls to 3.4%, complicating Bank of England’s interest rate task - 10 hours 37 min ago



These are the sticking points holding up a U.S.-EU trade deal
CNBC - 5 hours 40 min ago
The U.S. and European Union are nearing the deadline for striking a deal on trade before tariffs come back into full effect.
RELATED:
Bloomberg - Australian PM Says Europe Trade Deal Is ‘Symbolically Important’ - Bloomberg.com - 15 hours 29 min ago
COMMENTARY:
Indiatimes - EU not offering fair trade deal, Japan is also acting tough: Donald Trump - 21 hours 43 min ago



Putin Eyes Peacemaking Role As Israel-Iran Conflict Escalates
NDTV - 6 hours 52 sec ago
Vladimir Putin is eyeing the conflict between Israel and Iran as an opportunity to thrust himself to the forefront of the international stage, more than three years into his invasion of Ukraine.
COMMENTARY:
Indiatimes - After striking Boeing office in Ukraine, Putin now kills an American in Kyiv—Trump's silence is deafening - 1 hour 49 min ago
The Independent - Ukraine-Russia war live: Kyiv attack death toll rises after G7 fails to condemn Putin following Trump walkout - 10 hours 24 min ago



Is the U.S. consumer OK? Fed chief Powell will soon be the latest to weigh in
CNBC - 6 hours 11 min ago
The U.S. central bank leader will hold his influential press conference at 2:30 p.m. ET Wednesday.



This Air Carrier Is Ranked World's Best Airlines For 2025
NDTV - 10 hours 34 min ago
For the second year running, Qatar Airways has won the World's Best Airline title at the 2025 Skytrax World Airline Awards. Singapore Airlines came second and Cathay Pacific was third, according to the UK-based consultancy.
COMMENTARY:
Indiatimes - Ahmedabad Air India plane crash: Former aviation minister Praful Patel questions 'silence' of Singapore Airlines - 10 hours 43 min ago



Co-op offers members £10 discount on shopping after cyber attack
BBC - 10 hours 53 min ago
The retailer says the offer is to thank members but a retail analyst says the bar is high to redeem it.
RELATED:
BBC - Co-op offers members discount on shopping after cyber attack - 17 hours 27 min ago
COMMENTARY:
The Independent - Experts warn that Iran could target power and water systems for cyberattacks if US gets involved in Middle East - 1 hour 9 min ago
New York Post - US businesses warned to brace for Iranian cyberattacks as war with Israel escalates - 2 hours 24 min ago
Indiatimes - Japanese cybersecurity expert warns of China's cyber tactics, undersea cable cuts as signs of looming Taiwan conflict - 4 hours 50 min ago



TotalEnergies Says It Can Replace Russian Gas With Growing LNG Supply - Bloomberg.com
Bloomberg - 13 hours 15 sec ago
TotalEnergies Says It Can Replace Russian Gas With Growing LNG Supply  Bloomberg.com
RELATED:
BBC - Steve Rosenberg: Russia fears another loss in Middle East from Iran's conflict with Israel - 17 hours 38 min ago
Reuters - Exclusive: Trump administration disbands group focused on pressuring Russia, sources say - Reuters - 23 hours 29 min ago
COMMENTARY:
Indiatimes - Russia tells US not to strike Iran, warns of nuclear catastrophe - 1 hour 51 min ago
AllAfrica - South Africa: Mashatile Arrives in Moscow to Boost SA-Russia Trade Relations - 2 hours 17 min ago
Russia Today - Russia sanctions bill postponed in US Senate – Semafor - 5 hours 41 min ago
The Independent - EU's top diplomat warns that Russia has a plan for long-term aggression against Europe - 6 hours 37 min ago
SCMP - In China-Russia relations, power speaks louder than friendship - 15 hours 8 min ago



US-China Tech Fight Widens After Taiwan Blacklists Huawei - Bloomberg.com
Bloomberg - 14 hours 21 min ago
US-China Tech Fight Widens After Taiwan Blacklists Huawei  Bloomberg.com
COMMENTARY:
SCMP - China condemns US after plan to replace Huawei towers in Panama is unveiled - 18 hours 57 min ago



White House confirms new 90-day extension of reprieve on TikTok ban: 'Up and running'
FOX Business - 15 hours 32 min ago
President Trump plans to sign a third executive order delaying the TikTok ban by 90 days, citing ongoing talks and a desire to keep the platform active for Americans.
RELATED:
BBC - Trump to extend US TikTok ban deadline, White House says - 16 hours 22 min ago
NDTV - Trump To Extend TikTok Sale Deadline For Third Time - 17 hours 53 min ago
CNBC - Trump to extend TikTok deadline for third time, pushing decision out another 90 days - 18 hours 36 min ago
COMMENTARY:
BusinessInsider - Will TikTok be banned? Here are the latest details on the app's legal fight to stay in the US and Trump's options - 2 hours 41 min ago
SCMP - TikTok fuelling rise of fascist youth movement in the Philippines, experts warn - 6 hours 38 min ago
The Independent - Trump to grant yet another TikTok extension - 15 hours 11 min ago



Japan exports fall at sharpest pace in 8 months as U.S. shipments plummet
CNBC - 16 hours 16 min ago
The fall was softer than the 3.8% decline forecasted by economists polled by Reuters, but was a reversal compared to the 2% gain recorded in April.
COMMENTARY:
The Straits Times - Japan’s exports fall as US tariffs stoke recession risks - 15 hours 15 min ago



G7 won't issue joint statement on Ukraine due to US opposition – Reuters - Українська правда
Reuters - 16 hours 58 min ago
G7 won't issue joint statement on Ukraine due to US opposition – Reuters  Українська правда
RELATED:
Reuters - Exclusive: Trump's Ukraine envoy to meet Belarus' Lukashenko, sources say - Reuters - 17 hours 15 min ago
COMMENTARY:
Russia Today - Canadian state media explains absence of G7 Ukraine statement - 2 hours 23 min ago
The Guardian - Ukraine and Europe in limbo after Trump sidelines Zelenskyy at G7 – Europe live - 9 hours 13 min ago
BusinessInsider - Most NATO armies likely 'could not meet Ukrainian standards' in combat effectiveness, retired US Army general says - 9 hours 52 min ago
Indiatimes - G7 in Canada | PM Carney's working lunch on Ukraine - 14 hours 51 min ago
SCMP - G7 summit wraps with statements on AI, critical minerals, but not Ukraine - 17 hours 27 min ago
The Independent - Trump disbands US group that looked for ways to pressure Russia into peace talks with Ukraine - 19 hours 28 min ago



U.S. Treasury yields slide after retail sales tumbled in May, raising recession fears
CNBC - 19 hours 7 min ago
U.S. Treasury yields fell after retail sales fell more than Wall Street expected last month, pushing up fixed income prices and lifting concern over a slowdown.



Amazon CEO makes a big prediction on AI — plus, Salesforce hikes prices and a housing market update
CNBC - 21 hours 20 min ago
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.



Hedge fund Millennium in talks to sell stake at $14 billion valuation, source says - Reuters
Reuters - 22 hours 59 min ago
Hedge fund Millennium in talks to sell stake at $14 billion valuation, source says  Reuters