Monday, January 19, 2026

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

US to block Nvidia’s sale of scaled-down AI chips for training large language models to China

Report reveals Nvidia has provided samples of the chip to several of its Chinese customers

Oil heads for second weekly loss as supply concerns weigh

EIA reports higher-than-expected rise in US crude stocks; private data points to weakening US labor market in October; Gunvor withdraws bid for Lukoil’s overseas assets

Stocks fall with tech shares; sterling up as BoE keeps rates unchanged

Sterling rises as BoE holds rates; Wall Street indexes close lower; US dollar drops against major currencies.

Dollar on defensive as data show cracks in US jobs market

Dollar index drops 0.5% to 99.674, reversing monthly gains as expectations rise for a Fed rate cut in December

Elon Musk’s Starlink officially begins its operations in India

Maharashtra becomes the first state to partner with Starlink; company to establish nine gateway earth stations across key cities including Mumbai, Noida, Chandigarh, Hyderabad, Kolkata, and Lucknow

Qatar Airways sells entire Cathay Pacific stake for $897 million

Cathay to repurchase 9.7% stake from Qatar Airways, marking full exit; shares rise 4% in early trade, reflecting confidence in airline’s future

Indian ed-tech platform PhysicsWallah sets IPO price band, eyes $3.19 billion valuation

Backed by WestBridge and Hornbill Capital, PhysicsWallah to open three-day IPO bidding for retail investors starting November 11