facebook
SENSEX
NIFTY
GOLD
USD/INR

Weather

image 17    C

Global Business

...

Israel's president Herzog takes first steps on building new government after accepting election results

Israeli President Isaac Herzog has accepted the election results and started consultations with party leaders. Netanyahu's bloc lost its majority in the Knesset, while Arab-led parties made significant gains. The elections commission reported no evidence of fraud, despite Netanyahu's allegations. Herzog emphasized the importance of public trust in the electoral process during his consultations. If coalition talks fail, Israel may face another election in the near future.

The Economic Times 5 Nov 2026 8:04 am

Disney's Pixar names Jonathan Garson president as Jim Morris steps back

Jonathan Garson will assume the role of president at Pixar Animation Studios on January 4. He will replace Jim Morris, who has served as president for 12 years. Morris will remain involved with upcoming projects in a different capacity after stepping back. Garson has been with Pixar since 2010 and has extensive experience with Disney. Pixar's upcoming films include 'Gatto' and 'Incredibles 3', scheduled for release in 2027 and 2028.

The Economic Times 5 Nov 2026 7:56 am

Pentagon chief tech officer says US will detail laws that apply to AI labs this month

The US federal government is preparing to reveal the regulations applicable to domestic AI labs. Pentagon Chief Technology Officer Emil Michael announced that details will be shared in a couple of weeks. The Super Intelligence Task Force was established to regulate AI policy following concerns about industry practices. Michael emphasized the importance of creating a regulatory framework that builds public confidence.

The Economic Times 5 Nov 2026 7:52 am

Democrats take control of both chambers of Congress in sweeping rebuke to Trump, flip Republican strongholds

Democrats have won control of both the US Senate and House of Representatives, making historic gains in Republican strongholds including Texas, Kansas and South Carolina. The results mark a major setback for Donald Trump, with voter discontent over the Iran war and cost of living contributing to Republican losses and reshaping the balance of power in Washington.

The Economic Times 5 Nov 2026 5:30 am

US Stock Market today: S&P 500, Nasdaq, Dow Jones jump after midterm elections results, Wall Street investors send direct messages to Donald Trump, Elon Musk, check top stock prices

US Stock Market today: Donald Trumps social-media company, Trump Media & Technology Group, was one of the markets bigger losers, down 24.5 per cent. Elon Musks businesses also struggled. Tesla fell 3.3 per cent, and SpaceX sank 3.8 per cent.

The Economic Times 5 Nov 2026 5:08 am

He promised his 3-year-old son a castle in 1978. Decades later, he built Highlands Castle on a New York mountaintop

A promise made to his three-year-old son in 1978 led John Lavender II to buy a mountaintop in New York and spend decades building Highlands Castle. With help from family, friends and workers, he turned the property into a castle overlooking Lake George, which now welcomes guests.

The Economic Times 5 Nov 2026 2:36 am

Citibank Tampa shooting: 2 dead, floor-by-floor search ordered, say police, chilling video of shooter goes viral. Watch here

Citigroup said in a statement that it was aware of an incident at the complex and was cooperating with authorities.

The Economic Times 5 Nov 2026 2:08 am

Trump hits a midterm wall: Past precedents & impact on India

The Democrats are expected to take control of both chambers of the US Congress after recent elections. This shift may disrupt Donald Trump's presidential agenda for the remaining two years. Additionally, the issuance of H-1B visas for Indians significantly decreased due to a recently imposed fee levy. Indian exports to the US saw fluctuations, closing at slightly positive growth figures.

The Economic Times 5 Nov 2026 2:04 am

Iran war backfires on Donald Trump? US president acknowledges conflict hurt Republicans as Democrats win midterm elections

Donald Trump Iran war: The US president has acknowledged that the Iran war and rising gasoline prices contributed to Republican losses in the US midterm elections. With Democrats taking control of both chambers of Congress, the president faces tougher political challenges, while Democratic leaders prepare to push healthcare priorities and increase scrutiny of his administration.

The Economic Times 5 Nov 2026 1:51 am

If I had to do it again, I will: Trump refuses to back down on Iran war after Vances claim

If I had to do it again, I will: Trump refuses to back down on Iran war after Vances claim

The Economic Times 5 Nov 2026 1:27 am

US midterm elections: Crude cools, but Iran war risks keeps markets guessing

Oil prices are expected to stay elevated amid President Trump's weakened political position after the midterms. Uncertainties regarding the Iran conflict could impact military strategies, potentially leading to higher oil costs. A resolution that restores oil transport through the Strait of Hormuz is crucial for reducing oil prices. Trumps decisions may influence the ongoing military conflict or create a deal with Iran.

The Economic Times 5 Nov 2026 1:26 am

A New York family owned half of a private road, but a fish and game club maintained it for decades; what did the court decide?

Five judges supported the association and two did not. The association had originally owned only the western half of the private road. The eastern half belonged to the Dix family and its predecessors. The court concluded that the association had established ownership through adverse possession because it had maintained and controlled the entire road for decades.

The Economic Times 5 Nov 2026 1:18 am

Crdit Mutuel Arka cyberattack: How did a French bank become linked to a $133 million crypto investigation?

French bank Crdit Mutuel Arka has confirmed a cyberattack involving fraudulent transactions after blockchain investigator ZachXBT traced more than $133 million in suspected crypto withdrawals. Investigators are examining the movement of funds across exchanges, while the bank has yet to disclose its losses or confirm how the attack occurred.

The Economic Times 5 Nov 2026 1:01 am

Democrats win both chambers of US Congress in midterm landslide, rebuke Trump over economy and Iran war

Democrats achieved significant victories in the midterm elections, resulting in control of both Congressional chambers. Many seats were flipped across previously Republican strongholds with stark voter dissatisfaction influencing results. Notably, Trump-backed candidates faced substantial defeats in multiple states like South Carolina and North Carolina. The outcomes revealed limitations in Trump's political influence and a shift toward Democratic representation.

The Economic Times 5 Nov 2026 12:58 am

A fund copying Congresss stock trades beat the S&P 500, thanks mostly to one stock

The Unusual Whales Subversive Democratic Trading ETF, named NANC, has shown remarkable performance, exceeding that of the S&P 500 since February 2023. This fund strategically utilizes the stock trades of Democratic lawmakers to shape its investment strategy. With significant holdings in leading technology firms, especially in AI innovations, its recent achievements can be attributed to a thriving AI market.

The Economic Times 5 Nov 2026 12:41 am

US midterm elections results: Donald Trump to sack Defense Secretary Pete Hegseth, top military officials? Report claims shocking developments post Senate, House of Representative fiasco

US Midterm election results 2026: Donald Trump's popularity has declined since he launched the war, which has disrupted oil shipments and pushed fuel prices near record highs, hitting U.S. household finances.

The Economic Times 5 Nov 2026 12:36 am

Lamar Jackson lost his father and grandmother on the same day at the age of 8; years later, his first big purchase was a home for his mother

Lamar Jackson is an American professional football quarterback who plays for Baltimore Ravens in the National Football League (NFL). He grew up in a family where his mother, Felicia Jones, played a big role. The Baltimore Ravens selected him with the 32nd overall pick in the first round of the 2018 NFL Draft. He then went on to become the NFL's biggest stars.

The Economic Times 5 Nov 2026 12:21 am

Virgo Moon November 5 Horoscope: 3 zodiac signs could spot a money opportunity they almost missed

The Virgo Moon is asking you to look clearly. You need to consider the facts instead of being emotional. Be focused on what you reality got in reality instead of imagining it.

The Economic Times 5 Nov 2026 12:15 am

Missed the first Taurid meteor shower peak? Another chance to see dazzling fireballs is coming next week

The Taurids meteor shower is anticipated to peak in November 2026. The Southern Taurids will peak overnight on November 45. Following this, the Northern Taurids are expected to peak on November 1112. Observers may witness bright fireballs that outshine Venus, making the experience memorable. Ideal viewing conditions will be enhanced by the low illumination from the Moon.

The Economic Times 5 Nov 2026 12:15 am

And quiet flows the Don: Trump goes from rage to rapproachement

Donald Trump expressed denial over the Republican losses in the recent elections while later showing willingness to work with Democrats. He blamed Republican candidates for their defeats and defended his own stance amidst criticism. Some conservatives publicly pointed fingers at Trump, claiming the results represented a total rejection of his leadership. Democrats, relieved by their successes, may find opportunities to collaborate with the President.

The Economic Times 4 Nov 2026 11:59 pm

Donald Trump's midterm drubbing demonstrates the power of data center opponents

Democrat victories in recent midterm elections signal a shift in public sentiment regarding data centers and AI technology. Key races in Texas and Georgia brought significant wins for candidates opposing data center development. Analysts estimate that nearly half of planned US data center capacity could face new regulations and moratoriums. Concerns have emerged over potential slowdown effects on the AI and technology sectors as stocks decline.

The Economic Times 4 Nov 2026 11:42 pm

Apple becomes worlds most valuable company with $5.1 trillion market cap as AAPL stock today hits record high after Democrats win midterm elections

Apple stock price surged more than 6% to a record high on Wednesday, lifting its market capitalization to $5.1 trillion and making it the worlds most valuable company. The rally followed Democrats midterm election victories and came after Apple reported stronger-than-expected quarterly revenue and earnings.

The Economic Times 4 Nov 2026 11:39 pm

Democrats set to take control of Congress: Which Trump records could they seek first, and which other Republicans could face scrutiny?

The midterm results put Democrats in line to control both chambers of Congress. Some of their first oversight fights could begin with questions lawmakers have already asked. Four potential inquiries show where the pressure could build and how far Congress can go.

The Economic Times 4 Nov 2026 11:33 pm

He lost the governors primary, then got picked as a last-minute replacement with 566 of 571 votes; 100 days later Troy Jackson unseated Susan Collins

Troy Jackson's political journey took an unexpected turn when he received the Democratic Senate nomination. After Graham Platner withdrew due to a serious allegation, Jackson became the leading candidate. He won the nomination with overwhelming support at the special convention. Subsequently, Jackson campaigned and defeated longtime Republican Senator Susan Collins in the general election.

The Economic Times 4 Nov 2026 11:28 pm

US oil prices crash below $90 as JD Vance blames Iran War for GOP election loss: WTI falls to $88.92, Brent drops to $94.82, but will gas prices follow?

Why did oil price crash below $90 today? US oil prices fell sharply after midterm election results indicated Democratic control of Congress. Vice President JD Vance connected the Iran war to the Republicans' defeat, impacting market sentiments. Traders expressed reduced concerns over future military action against Iran, causing a decline in oil prices. While falling US crude inventories typically support prices, the political landscape took precedence for traders.

The Economic Times 4 Nov 2026 11:19 pm

Canada says US midterms won't change trade stance, sees talks with American officials

A senior Canadian cabinet minister stated that the US midterm election results will not affect trade negotiations. Dominic LeBlanc mentioned he would soon communicate with US officials regarding trade matters. President Trump suggested that a trade deal with Canada is close, but significant work remains. Canadian Prime Minister Mark Carney confirmed that certain US demands have been scaled back.

The Economic Times 4 Nov 2026 11:16 pm

European far right distances itself from Trump, blaming Iran war for Republicans' defeat

Europe's far-right leaders have begun distancing themselves from Donald Trump after Republicans' losses in the US midterm elections, citing the Iran war, rising energy prices and cost-of-living pressures. While some avoided directly criticising Trump, analysts said his declining popularity could turn ties with his MAGA movement from an electoral advantage into a liability.

The Economic Times 4 Nov 2026 10:59 pm

Congressman Subramanyam vows to end 'forever wars', fight tariffs, hold Trump admin accountable

Indian-American Congressman Suhas Subramanyam recently won re-election in Virginia's 10th Congressional District. He pledged to address concerns about rising costs, healthcare cuts, and federal workforce reductions. Subramanyam committed to ending forever wars and fighting unnecessary tariffs to lower costs.

The Economic Times 4 Nov 2026 10:56 pm

Who is Mary Peltola? Democrat leader who lost her husband in a plane crash and her mother in the same year; now faces a tough US Senate battle

Mary Peltola is a Democratic politician from Alaska. She made history in 2022 by becoming the first Alaska native and first woman elected to represent the state in the US House. She served in Congress from 2022 to 2025. She lost her re-election bid in 2024 to Republican Nick Begich. In January 2026, she announced her decision to challenge Republican Senator Dan Sullivan.

The Economic Times 4 Nov 2026 10:56 pm

JD Vance points to certain key reasons as to why Republicans lost the midterms but not everyone is buying it, here's how people are reacting to his post

JD Vance, the Vice President, articulated that the tensions involving Iran were a major factor in the financial setbacks for Republicans. He observed that a segment of former Trump loyalists has shifted their allegiance to Democrats during the midterms, driven largely by economic anxieties, especially regarding the escalating cost of living.

The Economic Times 4 Nov 2026 10:26 pm

Why did Republicans lose the midterms? JD Vance points to certain key reasons but not everyone is buying it, here's how people are reacting to his post

JD Vance, the Vice President, articulated that the tensions involving Iran were a major factor in the financial setbacks for Republicans. He observed that a segment of former Trump loyalists has shifted their allegiance to Democrats during the midterms, driven largely by economic anxieties, especially regarding the escalating cost of living.

The Economic Times 4 Nov 2026 10:26 pm

Tesla stock price today: Why TSLA falls as Democrats midterm election win puts Elon Musks AI data center plans at risk

Tesla stock (TSLA) fell as Democrats midterm victories raised concerns about AI data center expansion, particularly in Texas. Analyst Dan Ives warned that political hurdles could slow planned projects, while Elon Musk floated the idea of space-based data centers as investors weighed the outlook for his AI ambitions.

The Economic Times 4 Nov 2026 10:20 pm

UK government announces public interest investigation into Sky deal to takeover ITV's media arm

U.K. Culture Secretary Lisa Nandy plans to intervene in the 1.6 billion-pound deal between Sky and ITV. She aims to introduce new public interest considerations that reflect modern viewing habits. The Competition and Markets Authority will review the takeover for competition concerns. Nandy expects a report addressing media public interest by January 27, which may lead to further investigation. The deal aims to strengthen competition against global streaming companies.

The Economic Times 4 Nov 2026 10:17 pm

US Midterm Elections: Reasons why Republicans lost Ground far beyond swing states. Warning signs were at the gas pump and grocery store

Democrats won control of Congress in the 2026 midterms, putting Donald Trump on the defensive. Voters frustration over prices and the Iran war made it harder for Republicans to defend the administrations record.

The Economic Times 4 Nov 2026 10:17 pm

US Midterm Elections History: From 1866 to 1994 to 2018 The elections that changed the course of American presidential power

The 2026 midterm elections have led to a significant shift in power dynamics within Congress. Democrats have secured control of both the House of Representatives and the Senate during this election. This change means increased scrutiny of the Trump administration and potential challenges to its legislative agenda. Historical precedents show how midterm elections reshape presidential power and influence national policy debates.

The Economic Times 4 Nov 2026 10:10 pm

World leaders who sparred with Trump express relief mixed with caution at Republican election rout

World leaders welcomed the Democrats' gains in the US midterm elections, hoping the setback for Donald Trump's Republicans could ease tensions over Washington's foreign policy. However, European and other allies cautioned that the results may not change Trump's approach to Iran, Ukraine, tariffs or NATO, as the president retains considerable freedom in foreign affairs.

The Economic Times 4 Nov 2026 10:01 pm

US stock market stages big rally today: Why is Dow Jones surging? Dow jumps 1,100 points as S&P 500 and Nasdaq turn green, with healthcare stocks at the centre

US stock market today: US stocks rallied sharply on Wednesday after Democrats won control of Congress. The Dow Jones jumped 1,143 points, while the S&P 500 and Nasdaq also posted strong gains. Healthcare stocks attracted fresh buying, with Molina Healthcare, Centene and HCA Healthcare rising around 6% to 7%. Amazon and solar stocks also climbed, while Nvidia shares moved lower.

The Economic Times 4 Nov 2026 8:36 pm

Grandson of a vegetable seller in Egypt, raised by an imam father and a Michigan-born stepmother: The multi-faith family behind Americas first Muslim senator-elect, Abdul El-Sayed

Abdul El-Sayed, a Democratic Senate candidate from Michigan, is gearing up for a showdown against Mike Rogers this November. With roots tracing back to Egypt through his father, Mohamed El-Sayed, and a background in public health initiatives in Detroit, he brings valuable experience to the table. Living in Ann Arbor with his wife and two daughters, he adeptly juggles his family life while pursuing his political dreams.

The Economic Times 4 Nov 2026 8:18 pm

Democrats won back support from five key groups that shifted toward Trump in 2024: The AP Voter Poll

In the 2026 midterms, Democratic candidates saw increased support from various demographic groups, including young and Hispanic voters. Young voters under 30 mostly supported Democratic candidates compared to their previous split in 2024. Hispanic voters shifted back to Democrats, particularly evident in the Texas Senate race. Black voters, especially Black men, also returned to support Democrats after previously backing Trump.

The Economic Times 4 Nov 2026 8:10 pm

What is Abdul El-Sayed's net worth? Democrat leader wins in Michigan to become first Muslim US senator; here's how wealthy he is

Abdul El-Sayed completed his medical degree at Columbia University in 2014. He earned a doctorate in public health from Oxford University in 2011 as a Rhodes Scholar. In 2015, he became director of the Detroit Health Department. He later served as director of the Wayne County Health Department between December 2022 and April 2025. He has also worked as a podcast host, author and consultant.

The Economic Times 4 Nov 2026 8:08 pm

Texas and Georgia host the AI data-centre boom and both swung blue; AI cloud stocks fell and solar jumped up to 10% as the fight over who pays for power begins

Data centre stocks fall after Democrats win Congress, but solar shares jump 10% as US election results shake up energy outlook. Texas and Georgia are two important locations for the industry. Both elected Democratic candidates in the midterm elections. Democrats also made gains in traditionally Republican areas, including Kansas.

The Economic Times 4 Nov 2026 8:07 pm

Trump-backed Republican redistricting sought midterm edge; it didn't work

Republicans attempted extensive redistricting in multiple states to gain an electoral edge in the midterm elections. However, these strategies did not yield the expected results, especially in key states like Florida and Texas. Many targeted candidates lost their races, highlighting voter dissatisfaction with the Republican party's direction.

The Economic Times 4 Nov 2026 8:07 pm

US trade deficit contracts slightly in Sept

Washington: The US trade deficit contracted slightly in September, government data showed on Wednesday, hovering close to its widest since March 2025, driven by capital and consumer goods imports and strong exports.The trade gap in the world's largest economy decreased by 0.6 percent to $105.0 billion, according to Commerce Department data.Track US Senate Elections Result 2026 Live Updates hereThis was below the $107.7 billion projected in a consensus forecast released on Marketwatch.US trade flows have swung significantly since President Donald Trump returned to the White House in January 2025, as businesses rushed to get ahead of his sweeping and fast changing tariffs on trading partners.In September, US imports rose by 1.2 percent to $426.6 billion, driven by computers and their accessories. Crude oil imports decreased by $1.3 billion.US exports climbed by 1.8 percent to $321.5 billion, with oil, food and overall capital goods contributing to the increase.

The Economic Times 4 Nov 2026 7:37 pm

Bitcoin price today: BTC USD rebounds to $78,000 after US midterm election sell-off - key levels traders must watch now

Bitcoin price (BTC USD) today after midterm elections: Bitcoin rebounded to around $78,000 after falling below $76,000 as investors assessed the impact of Democrats winning control of Congress. Concerns over crypto regulation, ETF outflows and the Binance hack continue to weigh on sentiment, while analysts are watching $79,000 for signs of a stronger recovery.

The Economic Times 4 Nov 2026 7:28 pm

US Democratic win unlikely to ease firms' cost, tariff woes in near term, executives say

Global businesses expect limited immediate changes following Democrats' takeover of the US Congress, as high energy and raw material costs, inflation and strained consumer spending continue to weigh on operations. While some executives welcomed prospects of political stability, companies remain uncertain about tariffs, AI regulation and trade policies, amid fears of Washington gridlock.

The Economic Times 4 Nov 2026 7:11 pm

Did Ted Cruz lose his seat? Did James Talarico win the Texas Senate race? What his victory means for Ted Cruz and the deep-red state that turned blue after nearly four decades

Democrat James Talarico won a Senate seat in Texas by defeating Republican Ken Paxton in the elections. This victory marks the first time in 38 years that Texas has elected a Democrat to the Senate. Talarico plans to focus on issues like the cost of living and corruption during his term. Ted Cruz, who was not part of these elections, will continue serving in the Senate until January 2031.

The Economic Times 4 Nov 2026 7:02 pm

From Iran to trade, how the US midterms impact the rest of the world

US Democrats' recent midterm election victories could influence global relations, especially concerning Iran and Israel. The potential for a peace deal with Iran seems viable as US voters oppose prolonged conflicts. In Ukraine, Democrats may propose increased financial and military aid, which could face delays. Additionally, Asian countries may reconsider investment pledges to avoid tariffs in light of these outcomes.

The Economic Times 4 Nov 2026 6:50 pm

Democrats took Capitol Hill. Trump still has a Veto. What happens next and who can make their case for 2028?

Democrats are set to take control of the House and Senate after the 2026 midterm elections. President Donald Trump still has the power to veto their bills. This could be a test for Democats on how they handle that power and bring policies which could shape their pitch to voters in 2028.

The Economic Times 4 Nov 2026 6:48 pm

Ballot questions 2026 results: From Marijuana, abortion rights, transgender athletes, to voter ID -- all polls verdicts are out

Massachusetts ballot questions 2026 results are out and voters have rejected midterm elections attempt to repeal the legalization of Marijuana.

The Economic Times 4 Nov 2026 6:44 pm

Bangladesh deploys additional paramilitary forces as garment workers' protests continue

Protests by garment workers in Bangladesh have persisted for five days due to demands for higher wages. Authorities have deployed additional paramilitary forces to manage the ongoing unrest in various industrial areas. BNP activists are actively attempting to maintain order while claiming infiltrators from the disbanded Awami League are causing chaos. A special tribunal has established a Wage Board to address worker concerns regarding compensation.

The Economic Times 4 Nov 2026 6:34 pm

In 1990, New Jersey placed five retired subway cars in a reef about 70 feet underwater; a decade later, they still provided three-dimensional structure

In an innovative move, decommissioned subway cars were submerged off the Jersey Shore, transforming them into artificial reefs. These underwater habitats not only shelter marine life but also enhance biodiversity in the region. Research shows that fish and invertebrates flock to these structures shortly after their installation. However, concerns have emerged regarding potential sinking and contamination, highlighting the complexities of turning waste into environmental assets.

The Economic Times 4 Nov 2026 6:30 pm

Virginia Election Results 2026: Democrat Mark Warner defeats Bert Mizusawa to win a fourth Senate term-here's how Virginia's House candidates perform

Democratic Senator Mark Warner triumphantly secured re-election in Virginia, achieving a noteworthy win against Republican contender Bert Mizusawa. Garnering roughly 61% of the votes, Warners's performance eclipsed Mizusawa's 38.8%. Additionally, the Democratic Party enjoyed victories in numerous congressional districts across Virginia, showcasing a promising landscape. Meanwhile, the state legislature remains intact, with Democrats maintaining a stronghold in both chambers.

The Economic Times 4 Nov 2026 6:22 pm

Meet Xavier Becerra, who becomes California's first Latino governor in over a century, defeats Trump-backed Steve Hilton; know about his political journey and what lies ahead

Xavier Becerra was born in Sacramento, California. His father was born in Sacramento and raised in Mexico, while his mother was born in Mexico. He attended Stanford University, where he earned an undergraduate degree and later a law degree. His political journey started in California. In 1992, he was elected to the US House of Representatives.

The Economic Times 4 Nov 2026 6:13 pm

Iran warns of wider war if US attacks after Trump election rout

Iran's supreme leader, Mojtaba Khamenei, expressed that the Middle East conflict may escalate if US attacks continue. Trump's political defeat in the midterms may limit his military options, yet he retains authority to strike. Iran's leadership is emphasizing the outcome of the elections as a rejection of war by the American public. Diplomatic discussions are ongoing, aiming to prevent further hostilities between Iran and the US.

The Economic Times 4 Nov 2026 6:11 pm

Iranian officials gloat as US voters deal blow to Donald Trump

Iran's leaders praised the midterm election results in the US, interpreting them as a rejection of Trump's wartime decisions. The Democratic victories were seen as evidence of American frustration with rising gas prices driven by ongoing conflict. Concerns remain in Tehran about potential military actions from Trump following his electoral defeat. Iran is preparing for possible retaliations should hostilities resume in the region.

The Economic Times 4 Nov 2026 6:03 pm

Elon Musk's business empire braces for Democratic wave as Texas flips blue

Elon Musk's nearly $500 million campaign to support Republicans failed as Democrats reclaimed both chambers of Congress and flipped Texas' governorship. The results could expose his businesses, including SpaceX and Tesla, to greater congressional scrutiny, tighter data-centre regulations and potential hurdles for expansion plans under incoming Texas Governor Gina Hinojosa.

The Economic Times 4 Nov 2026 6:02 pm

South Carolina used 50 retired shipping containers to create two artificial reefs in 2005; the containers were prepared to provide shelter for marine life

Off the coast of South Carolina, the innovative use of steel shipping containers as artificial reefs is becoming increasingly popular. By repurposing these structures, diverse fish species gain new habitats while supporting eco-friendly waste management. The Army National Guard collaborates with the South Carolina Department of Natural Resources, ensuring that only non-toxic materials are employed in this initiative, which significantly mitigates habitat destruction in marine ecosystems.

The Economic Times 4 Nov 2026 6:00 pm

'A mandate for change': Democrats remake Texas politics in election rout

Texas Democrats achieved notable victories in recent elections, securing several key state economic offices historically held by Republicans. James Talarico and Gina Hinojosa were among the candidates who won in high-profile races against longstanding officials. The election results reflect a shift in voter sentiments, particularly among Latino communities affected by immigration policies. This success was attributed to grassroots campaigning focused on economic issues rather than cultural debates.

The Economic Times 4 Nov 2026 5:57 pm

Iranian officials say midterm results show US voters have rejected Trump's war

Concerns about the war's effects, particularly frustration over rising prices for fuel and other goods in the U.S., helped Democrats win control of both chambers of Congress in Tuesday's vote.

The Economic Times 4 Nov 2026 5:55 pm

Thousands mock Trump's midterm setback at Tehran rally

Thousands participated in an anti-American rally in Tehran following the recent US midterm elections. Demonstrators chanted slogans and displayed banners denouncing the US and Israel, highlighting ongoing tensions. Iranian officials connected the results of the elections with the rising cost of living and the conflict with Iran. The annual event commemorates the 1979 takeover of the US embassy in Tehran.

The Economic Times 4 Nov 2026 5:48 pm

Benjamin Netanyahu's rivals seize on Democrats' sweep of US Congress, seeking his ouster

Benjamin Netanyahu's political opponents see Democrats' midterm election win as a sign of waning US support for Israel. They believe his alliance with Republicans has jeopardised Israel's bipartisan backing historically. Critics like Yair Lapid argue that his continued leadership endangers Israel's security and global standing. The formation of the next government remains uncertain as coalition negotiations unfold.

The Economic Times 4 Nov 2026 5:47 pm

US midterms explained: Breaking down the maths behind America's elections why 218, 51 and 60 matter

The US midterm elections involve winning specific congressional seats to control political power in Washington. A total of 435 voting seats exist in the House and the majority threshold is 218. The Senate has 100 seats, with 51 needed for a majority, though 60 votes are required for most legislation. Democrats secured control of both chambers during the 2026 midterms, shifting the balance of power.

The Economic Times 4 Nov 2026 5:39 pm

Pakistan considers international arbitration against UAE's Etisalat over unpaid USD 800 million

Pakistan is evaluating the possibility of pursuing international arbitration against UAE-based Etisalat over an outstanding payment. The amount in question is USD 800 million related to the sale of PTCL shares since 2005. Although most properties were transferred, some remain untransferred, leading to the unresolved dispute. Efforts to resolve the issue amicably have been made since 2015.

The Economic Times 4 Nov 2026 5:36 pm

The political map is anyone's guess after a Democratic wave in the midterm elections

Voters in several traditionally Republican states supported Democratic candidates in recent elections. Kansas and South Carolina elected Democrats to the Senate for the first time in decades. Texas saw a sweeping victory for Democrats across various statewide positions, marking a significant change. In Iowa and Ohio, Democrats also secured important gubernatorial and Senate wins, showcasing a broader trend.

The Economic Times 4 Nov 2026 5:35 pm

US midterm elections: China says it will continue working with America

China has reacted carefully to the Democratic Party's gains in the recent US midterm elections. The Chinese Foreign Ministry stated that it remains committed to cooperation with the US despite political changes. Chinese President Xi Jinping and US President Donald Trump have met twice this year to enhance strategic stability. Beijing is also discussing a potential trilateral meeting with the US and Russia at the upcoming APEC summit.

The Economic Times 4 Nov 2026 5:34 pm

Who won in Michigan election? Check results of Senate, Governor and House races

In Michigan's 2026 elections, the Democratic party celebrated key wins, highlighted by Abdul El-Sayed's triumph in the Senate race. A former public health official, El-Sayed champions universal healthcare and aims to limit external influences in politics. Jocelyn Benson claimed the governorship, taking over from Gretchen Whitmer after a notable 2020 election defense.

The Economic Times 4 Nov 2026 5:23 pm

US stock futures rise after midterms: Why are Dow Jones futures up nearly 800 points despite a Democratic sweep? S&P 500, Nasdaq gain as AMD and Nvidia stocks climb

Why are US stock futures rising after Democrats win the Senate and House? Dow leads Wall Street rally as AMD, Nvidia and semiconductor stocks gain. Earlier, at 06:02 ET, Dow futures were up 801 points, or 1.6%. S&P 500 futures were up 80 points, or 1.1%, and Nasdaq 100 futures were up 286 points, or 1.0%.

The Economic Times 4 Nov 2026 5:19 pm

US allies see a chastened Trump but theyre wary of the backlash

US election results are viewed as a potential limit on Donald Trump's power regarding foreign policies. Foreign officials remain cautious, predicting that Trump may continue to act unpredictably despite the political changes. The president's approach toward Iran may signal his handling of Congress's constraints on his authority. European leaders express concern over the implications for international relations amid ongoing conflicts.

The Economic Times 4 Nov 2026 5:16 pm

'We defeated Goliath': James Talarico after becoming 1st Democrat in 38 yrs to win Texas Senate race

'We defeated Goliath': James Talarico after becoming 1st Democrat in 38 yrs to win Texas Senate race

The Economic Times 4 Nov 2026 5:08 pm