News
According to CNBC, internet infrastructure provider Cloudflare experienced a global outage on Tuesday, November 18, 2025. The disruption took down major platforms including OpenAI's ChatGPT, social media platform X, and numerous other websites. The company observed a spike in unusual traffic around 5:20 a.m. ET before
Finance
According to Economic Times, Indian public sector oil companies have signed their first structured long-term contract to import liquefied petroleum gas from the United States. Union Minister for Petroleum and Natural Gas Hardeep Singh Puri announced the agreement on November 17, 2025. Indian Oil Corporation, Bharat Petroleum Corporation, and Hindustan
Finance
Samsung Electronics and other major South Korean companies announced fresh domestic investment plans on Sunday during a meeting with President Lee Jae Myung. The meeting took place days after South Korea finalized a trade agreement with the United States. According to Daily Journal, Samsung will invest 450 trillion won ($310
Finance
According to CNBC, Michael Burry has deregistered Scion Asset Management with the Securities and Exchange Commission. The termination took effect November 10, 2025. Burry manages $155 million in assets as of March 2025. The investor sent a letter to clients on October 27 outlining his decision. The Irish Times reports
Finance
Toyota Motor Corporation started production Wednesday at its $13.9 billion battery manufacturing plant in Liberty, North Carolina. According to CNBC, the facility represents Toyota's first battery plant outside Japan and its eleventh manufacturing site in the United States. The company confirmed plans to invest an additional $10
Finance
Web Summit 2025 opened in Lisbon on November 10, bringing together 70,000 attendees from the global technology sector. According to Euronews, the four-day conference features 900 speakers, 2,500 startups, and 1,000 investors. The event faces an unusual logistics problem. Lisbon Airport cannot accommodate the volume of private
Finance
According to U.S. News, Visa and Mastercard are nearing a settlement with U.S. merchants that would reduce interchange fees and relax card acceptance rules. The Wall Street Journal reported on November 8, 2025, that the payment networks would trim interchange fees by an average of 0.1 percentage
Finance
China's consumer prices returned to positive territory in October after spending most of 2025 in deflation. According to CNBC, the consumer price index rose 0.2 percent year-on-year. The reading exceeded analyst expectations of flat growth. Data from the National Bureau of Statistics was released Sunday. The October
Finance
Metsera accepted Pfizer's revised acquisition offer worth up to $10 billion on November 7, 2025. CNBC reports that Novo Nordisk withdrew from the bidding war on November 8. Pfizer agreed to pay $86.25 per share in cash. The offer includes $65.60 per share upfront and contingent
Finance
Coca-Cola released its 2025 holiday advertisement in November, featuring AI-generated animals and Santa Claus. According to The Hollywood Reporter, Jason Zada's company Secret Level produced the spot using generative AI tools. The same studio created last year's controversial AI holiday ad. The new commercial features anthropomorphic
Finance
The Bank of England voted to hold its key interest rate at 4% on November 6, 2025, in one of the closest decisions in recent memory. According to CNBC, five members of the nine-member Monetary Policy Committee voted to maintain rates. Four members opted for a 25 basis point cut
Finance
According to CNBC, McDonald's reported third-quarter earnings on November 5 that missed Wall Street estimates. The fast-food chain earned $3.22 per share excluding restructuring charges. Revenue rose 3% to $7.08 billion. The company's same-store sales increased 3.6%, reversing a 1.5% decline from