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Global Business / The Economic Times
Leonard Nicita, a senior partner at EY Australia, was fired from his $850K position after a 2022 Christmas party incident and a reported assault at a Sydney bar. At the party, Nicita allegedly made inappropriate sexual comments to a female colleague, resulting in a formal complaint. Later, he reportedly pushed a bar manager while searching for a missing jacket. EY terminated him for Just Cause under the partnership agreement.
Millions face travel disruptions as a major winter storm hits the central US. Heavy snow is expected from the Rockies to the Midwest, causing dangerous roads and flight delays. Severe thunderstorms are also forecast for the South. Residents are urged to prepare for potential power outages and ensure home safety.
ET has reliably gathered that these measures are drawn from proposals by a high-powered Niti Aayog panel, which has favoured FDI through the government route in the proposed new regulatory framework for atomic energy. The broad view in the government is that while the nuclear energy sector needs public private participation for growth, current rulebooks hinder modernisation, transfer of advanced technology and fund flow for capital-intensive large-scale projects.
Bihar's government has shifted gears with the BJP now steering the Home Ministry. Their mission? To purge the state of criminal elements and confront the ongoing Maoist insurgency. An ambitious initiative is in play to seize properties belonging to around 1600 offenders, tightening security along the borders as a top priority.
Nvidia stock fell sharply last week, causing worry for investors, but experts say the company is still strong. Its AI and data center business are growing fast. Google and Meta are creating new AI chips, adding competition. Some investors, like Michael Burry, are cautious about Nvidias price. Despite this, Nvidias earnings and cash flow remain strong.
The commission directed the Kolkata police commissioner to ensure security to the existing and the new offices, ECI sources said.
Days after three doctors associated with the university were allegedly found to be part of a terror module that carried out a blast in the national capital, ED earlier this month had carried out searches at nearly two dozen premises linked to the Al Falah University, its trustees, and related persons/entities. Following the search operations, the federal agency arrested Jawad Ahmed Siddiqui, chairman and founder of Al Falah University. People quoted above told ET that Jawad has confessed to ED d
Fortnite Zero Hour Live Event date, time, how to watch details are now confirmed for players waiting for the next chapter. This explainer covers the event start time, the early access window, how to join the live island, and what players can expect as Fortnite moves from Chapter 6 to Chapter 7.
Russian President Vladimir Putin will visit India on December 4-5 for a state visit. He will meet Prime Minister Narendra Modi for their annual summit. The leaders will discuss strengthening their strategic partnership. They will also exchange views on regional and global issues. This visit marks Putin's first trip to India since the Russia-Ukraine war began.
The Supreme Court has put the spotlight on the Kerala governor over the prolonged delay in addressing the report related to vice-chancellor appointments. Justice Sudhanshu Dhulia, who led the committee that prepared the report, has seen the court step in with a clear demand for expediency.
India has embarked on a robust defense collaboration with the US, securing an 8,000-crore deal for the state-of-the-art MH 60R helicopters. This landmark agreement promises five years of maintenance, support, and essential upgrades, complemented by the establishment of repair facilities within India.
Enforcement Directorate investigators found a bike-taxi driver's bank account used in an online betting and money-laundering network. Over Rs 331 crore landed in his account between August 2024 and April 2025. The ED suspects this account was a 'mule account' to channel dirty money. Funds from this account were used to finance a lavish wedding in Udaipur.
Pakistan's Army Chief Asim Munir is centralizing power and confronting Afghanistan's Taliban government. Tensions are escalating with cross-border attacks and accusations. Regional nations are concerned about the growing instability.
What time does the stock market close today: Investors trading stocks and bonds today, Black Friday, November 28, 2025, should note the US stock market closes early. The New York Stock Exchange and Nasdaq will shut down at 1:00 p.m. Eastern Time. The bond market also closes early at 2:00 p.m. ET. Normal trading hours resume Monday, December 2, 2025.
In a dramatic show of force, Myanmar's junta undertook the demolition of structures at KK Park, notorious for its cyberscam operations. However, insiders suggest this move is largely symbolic, as only a small part of the site has been dismantled, allowing criminal activities to swiftly relocate.
India plans a significant boost in military spending for the upcoming fiscal year. The defence ministry will request a 20% budget increase to address growing security challenges and modernize armed forces. This move aims to equip troops with advanced weaponry and drone capabilities.
Thousands of Afghans in Qatar and UAE face an uncertain future. They were relocated at US request after the 2021 Kabul takeover. Now, a US review of arrivals impacts their resettlement. Afghan refugees in Qatar have begun a hunger strike.
Defence Minister Rajnath Singh stated that past structures are insufficient for future challenges. He emphasized that reforms are a strategic necessity due to a rapidly changing world and complex threats. Terrorism, cross-border support for extremists, and maritime pressures demand constant vigilance.
GameStop is launching its first 'Trade Anything Day' on Saturday, December 6. Customers can trade in almost any item that fits within a 20x20x20 box for store credit. This includes crafts and taxidermied animals. Certain items like hazardous materials, weapons, and electronics are excluded. More details will be released soon.
The weather office forecast heavy rains in the southern and Cauvery delta districts of the state, between November 29 and 30.
Union Home Minister Amit Shah has pledged to eradicate Naxalism before the upcoming Director Generals of Police and Inspector Generals of Police conference. He expressed confidence in achieving this goal. The government has taken significant steps, including strengthening the security grid and reducing Naxal-affected districts.
Tony Germano, a well-known Brazilian voice actor, is being remembered for his work on Netflix, Nickelodeon, and many stage shows. He was respected for his strong talent and kind nature. Friends and colleagues shared loving tributes. His career, voice roles, and impact on entertainment are now receiving warm attention from fans and the industry.
The statement further said that India secured the highest number of votes in this category, receiving 154 out of 169 valid votes cast during the election.
Delhi Police have registered an FIR against the husband and mother-in-law of Deepti Chaurasia, daughter-in-law of a pan masala owner, following her death by hanging. Deepti was found deceased at her southwest Delhi residence, prompting her mother to file a complaint alleging abetment of suicide.
Veteran Congress leader and former Union minister Sriprakash Jaiswal passed away in Kanpur. He was 81 years old. Jaiswal served as Minister of State for Home Affairs and Coal Minister in the UPA government. He was also a three-term Member of Parliament from Kanpur. His political career spanned over three decades, significantly shaping the region's landscape.
A latest TikTok trend named bed rotting is gaining popularity, mainly among Gen Z and Millennials, as people remain in bed for hours or entire days not to sleep, but to scroll, snack, and zone out. Supporters state that its a soothing escape from burnout, but experts caution it may do more harm than good.
INTC stock today: Intel shares surged over 8% on Black Friday following analyst Ming-Chi Kuo's report suggesting the chipmaker could supply Apple's M-series processors. This potential partnership, with shipments possibly starting in 2027, has boosted investor sentiment and supports Apple's 'Made in USA' initiative, marking a positive turn for Intel Foundry Services.
A new study says physical activity may help lower the risk of dementia as people get older. The research looked at how staying active in midlife and late life can support better brain health. Experts say exercise may protect the brain in many ways, but more research is still needed. The study also notes some limits in the data.
Adani Group aims to cap its total debt at Rs 1 lakh crore by 2030, emphasizing a growth strategy independent of external capital access. The conglomerate plans to invest approximately Rs 1.5 lakh crore annually in new assets over the next six years.
Eminem shocked NFL fans with a surprise appearance during Jack Whites Thanksgiving Halftime Show at Ford Field. White started the performance with Thats How Im Feeling and Hello Operator before introducing the rapper, who burst into a powerful version of Till I Collapse. Ladies and gentlemen, Detroits own, Eminem! White announced as the icon emerged through white smoke. Eminem closed his cameo with Detroit! Happy Thanksgiving, yall.
ATM users will get automatic $25 payments from a $1.23 million FlagstarNYCB settlement. The case covers out-of-network ATM fees from August 2020 to February 2024 and retry NSF or overdraft fees from 2017 to 2020. No claim form is needed. Current customers get account credits. Former customers get mailed checks after the January 13, 2026 final approval.
Silver price today: Silver prices have reached an all-time high, breaking previous records. This surge is fueled by expectations of a Federal Reserve interest rate cut and strong demand for silver-backed investments. Supply issues persist, impacting markets globally. China's silver inventories are at their lowest since 2015. Meanwhile, gold prices also saw a significant rise, nearing recent peaks.
Assets worth over Rs 520 crore attached in a bank-loan fraud case involving Cox & Kings Limited have been restored. The Enforcement Directorate attached these assets as proceeds of crime. The company V Hotels Limited, which received siphoned funds, underwent insolvency.
Travel brands are offering Black Friday deals on flights and hotels. Travelers can save on trips to Europe and other destinations. Bookings made now are valid for travel well into 2026. Special fares are available on business class flights. Low-cost carriers also present attractive one-way flight options. Vacation packages offer substantial discounts. Hotel bookings and car rentals are also discounted.
A special court has dismissed diamantaire Mehul Choksi's plea to halt proceedings declaring him a Fugitive Economic Offender. Choksi, accused in the PNB fraud case and currently in custody abroad, argued his ongoing extradition process should suffice. However, the court, siding with the Enforcement Directorate, stated his refusal to return to India necessitates the FEO declaration.
Baidu is growing fast in AI chips in China, aiming to compete with Huawei and fill the gap left by Nvidia. Its Kunlunxin chips are used in data centers and cloud AI services. With strong local demand and limited foreign supply, Baidus chip business could grow a lot, making it a key player in Chinas artificial intelligence market.
Millie Bobby Brown speaks out on her relationship with David Harbour amid reports stating he bullied her on the Stranger Things set. Weve been doing that for the last 10 years, Brown mentioned, highlighting their longstanding friendship and dedication to the show. Investigations into alleged bullying persisted for months, but executive producer Shawn Levy assured that the workplace continued to be safe and respectful.
A bench comprising Justices Dipankar Datta and Augustine George Masih took note of the submissions of lawyer Fuzail Ahmad Ayyubi, appearing for one of the petitioners, that the pleas needed to be listed for hearing urgently.
Bitcoin BTC USD treasury shares: Companies holding digital assets like Bitcoin are facing pressure as the crypto market experiences volatility. Recent price drops have caused their shares to trade below the value of the digital assets they possess. This trend is raising concerns about stress in this growing market segment. Some firms are exploring Ether for staking rewards.
Adani Group is set to raise a significant 900 billion rupees in debt for the upcoming financial year. This funding will support a massive 1.5 trillion rupees capital expenditure plan. The conglomerate is also looking to raise an additional 440 billion rupees in the next four months.
US stocks rose on Friday as Nasdaq gained 0.4%, S&P 500 climbed 0.3%, and Dow added 124 points. A cooling issue at a Chicago Mercantile Exchange data center briefly halted futures trading but was resolved by 8:30 a.m. ET. Tech stocks led gains despite November weakness, with Nasdaq down 2% for the month. Airlines rallied amid Thanksgiving travel, and seasonal hiring remained near decade lows.
Addressing an event hosted by the Sindhi community in New Delhi on Sunday, Singh said that orders can change and omorrow Sindh may return to India.
The Reserve Bank of India has eased digital banking rules. Banks can now show customers various products after they log in. This includes government schemes and third-party financial products. The RBI has also removed the need for prior approval before launching new digital channels. This change aims to streamline digital banking operations for financial institutions across India.

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