Visa, Mastercard agree to $38 billion settlement in swipe fee antitrust case
Accord aims to lower fees and provide merchants more payment flexibility after 20 years of litigation
U.S. containerized imports fall 7.5% in October amid China slowdown
Shipments from China drop 16.3% as importers remain cautious over tariff policies
Thailand approves $3.1 billion in data centre projects
Board of Investment also moves to unlock $9.2 billion in stalled investments
Shares rise on optimism over potential end to US government shutdown
Nasdaq futures up 0.8%; S&P 500 futures up 0.5%; Potential end to U.S. government shutdown buoys market mood
Dollar steady as growth worries tempered by hopes shutdown may end soon
Dollar weakened during previous three sessions; Yen slips on signs Takaichi government may water down fiscal consolidation
Oil gains on optimism US government to reopen soon
Brent crude futures rise 47 cents, or 0.74%, to $64.10; US WTI crude remains at $60.25 a barrel, up 50 cents, or 0.84%
China suspends ban on exports of gallium, germanium, antimony to US
Suspension takes effect from Sunday until November 27, 2026, says Chinese commerce ministry
US flight delays, cancellations accelerate as air traffic controller shortages surge during shutdown
FAA mandates flight cuts at 40 major airports due to safety concerns; Thanksgiving travel disruptions could impact US economic growth, Hassett warns
US consumer sentiment near 3-1/2-year low as government shutdown fuels anxiety
Consumer sentiment index drops to 50.3 in early November as shutdown blamed for deterioration in sentiment
India signs deal to buy 113 US engines for its Tejas fighter jets
Tejas Mk-1A jets crucial for India’s plan to rebuild shrinking air force fleet, replace ageing fighters amid China’s military buildup and support for Pakistan
US warns it could force 20% flight cuts if shutdown continues
FAA mandates 4% cuts on Friday; Cuts include some 700 flights from four largest carriers; International flights not affected
Starlink signs landmark global direct-to-cell deal with Veon as satellite-to-phone race heats up
Direct-to-cell technology allows smartphones to connect to satellite networks in space that beam telephone signals back to Earth
China suspends export controls on rare earths and lifts US import bans following trade talks
Suspension of tariffs on rare earths, logs, and soybeans signals growing cooperation between China and the US after recent trade discussions
Microsoft launches ‘superintelligence’ team targeting medical diagnosis to start
Company says it has a vision for "humanist superintelligence," or technology that could solve defined problems with a real-world benefit
Elon Musk’s $1 trillion Tesla pay plan wins shareholder approval
Analysts view vote as a boost for Tesla stock, with Musk's voting rights swaying approval despite opposition; Tesla’s future tied to Musk’s ambitious AI and robotics goals