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
Asia shares rise as upbeat US data calms nerves over stretched valuations
Investors buy the dip after heavy selloff in previous session
Dollar dips from peaks, sterling squeezed ahead of Bank of England meeting
Aussie, NZD bounce as stock market mood recovers; US yields higher on data and debt outlook
Saudi Arabia cuts December oil prices for Asia as OPEC+ boosts output
Aramco sets its December official selling price at $1 per barrel above the Oman and Dubai average