The Economic Times
Elections 2026Global Business / The Economic Times
China's trade surplus has surpassed USD 1 trillion for the second consecutive year as exports continue to rise significantly. Imports increased sharply in October, contributing to a narrowing of the monthly surplus. The trade situation presents challenges as domestic demand remains sluggish while foreign competition intensifies. Trade discussions are anticipated between the leaders of the US and China amid ongoing global trade tensions.
October exports were the highest since February when the war started and were up from September's corresponding tally of 23 vessels exiting the strait, the data showed.
In a notable move, Nvidia's general counsel communicated with US officials about the ongoing inquiry into Megaspeed International's suspected chip smuggling. The detention of Megaspeed's executive, Alice Huang, has cast a shadow over Nvidia's involvement. Teter's interactions prompted restrictions on the Bureau of Industry and Security's measures against Megaspeed. As questions around chip sales arose, Megaspeed has steadfastly rejected the allegations, continuing to proudly uphold its partnersh
Gadi Eisenkot, a former military chief seeking to move Israel to the centre, was given the mandate Sunday by President Isaac Herzog to form a new government, a complicated task as neither he nor Netanyahu command a majority.
The comments from Trump came after Homeland Security Secretary Markwayne Mullin earlier Monday also said that while he has been fielding calls from Democrats interested in working on immigration policy, he was adamantly opposed to any deal that would include amnesty.
Reports suggest that Huang was involved with a woman suspected of being a Chinese spy. Huang has denied knowledge of her alleged intelligence ties. Nvidia's board is investigating whether Huang was a target of espionage. Shareholders have filed a lawsuit seeking more information on these national security concerns.
Oil prices fell due to President Trump's announcement regarding US military action against Iran, easing supply concerns. Brent crude futures dropped to $92.33 per barrel while WTI futures reached $86.50. Trump stated he would maintain a naval blockade in the Strait of Hormuz temporarily. OPEC's oil output increased in October, supported by higher production from Saudi Arabia and Kuwait.
The president called Huang, whose computer chips have helped to launch the artificial intelligence revolution, a very honorable man. The president said he had spoken with Huang.
Emissions from the burning of oil, gas and coal -- the main drivers of climate change -- rose by 0.9 percent per year on average in the past decade, hitting a record high in 2025, according to the Global Carbon Budget report.
Trump added that Iran has been decapitated but said he is still looking to make sure there's a long-term solution to ensuring that Iran's nuclear programme is defanged.
Gold prices edged lower in early Asian trade on Tuesday as investors awaited US inflation data later in the day for clues on the Federal Reserve's next policy move.
Rubio, who spoke to reporters after talks with his counterparts from the G7 industrialised democracies, said President Donald Trump will decide US policies as he sees fit, regardless of his Republican Party's wipeout in the midterms.
The Senate voted 73-25 to formally take up the bill, which senators and the president have pushed as a way to meet growing demand for electricity and other forms of energy that now face yearslong delays in getting to the grid.
British author M John Harrison was named the winner of the 2026 Booker Prize for his dystopian satire 'The End of Everything' at a ceremony in London on Monday night.
Brent crude futures fell $5.75, or 5.85 per cent, to settle at $92.57 a barrel, and prices continued falling after settlement, while US West Texas Intermediate futures dropped $3.98, or 4.38 per cent, to $86.85.
US Stock Market today: Each of the 11 major S&P 500 sector indexes rose on the session, with nine showing gains of more than 1 per cent on Monday. Industrials and consumer discretionary were the top performers, rising more than 3 per cent each.
The GTA 6 Preload will start on November 10, 2026. The players will have nine days to download the game. The file size of the game is around 212 GB. The preload time will differ for the users of PlayStation 5 and Xbox Series X|S. The game can only be played after its release on November 19. The preload will only help players to set things up in advance.
Claude Fable 5.2 targets coding, reasoning and AI agent tasks, while Claude Mythos 5.2 targets approved cybersecurity and life-sciences research applications.
Nvidias investigation into an alleged foreign intelligence effort involving CEO Jensen Huang has raised fresh questions about the companys leadership future. With no publicly identified successor and around 60 executives reporting directly to Huang, investors are facing the possibility that the chipmaker may struggle to replace its most influential leader.
Thomas Massie has proposed eight articles of impeachment against US Defence Secretary Pete Hegseth. The congressman from Kentucky has accused the Defence Secretary of operating military operations without congressional approval. Other elements of concern are the protection of civilians, revenge against a senator and military operations in Yemen and Venezuela. A vote could be held in the House within two legislative days.
Meta has said that Muse Ember is significantly cheaper than competitors like Haiku and Luna. Despite being designed as a lightweight execution model, Ember can process different types of information. Meta claims it supports text, images and audio. The objective is to make the AI agents faster and cheaper to operate.
Social Securitys 2032 warning: Millions of retirees could receive smaller monthly checks if the retirement trust fund runs out of reserves. Payroll taxes would still finance payments, but cover only 78% of scheduled benefits, according to trustees. Congress could prevent the reduction through legislation. Until then, workers may need additional retirement savings through 401(k) plans and IRAs.
National Chicken Sandwich Day 2026: Fast-food chains are celebrating National Fried Chicken Sandwich Day on November 9 with free sandwiches, discounted meals and buy-one-get-one offers. Popeyes, McDonalds, KFC, Burger King, Jollibee and Wingstop are among the participating brands.
Boeing will eliminate the posts through a mix of layoffs and attrition. The reason is because of a slower ramp-up to 'provide our factories and supply chain partners additional time to achieve stability,' said a message to employees from Stephanie Pope. The development comes just two weeks after Boeing said it was delaying plans to increase production of its 737 Max narrowbody jet into 2027.
Donald Trump directed his administration to provide more transparency on questions of Unidentified Flying Objects (UFOs) and alien life.
Warren Buffett, with a net worth of about $163 billion, has remained in his Omaha home since 1958. He purchased the house for $31,500, and its value has grown substantially over the years. Buffett maintains a simple lifestyle, often having breakfast at McDonald's and driving an older car. His final shareholder letter emphasized kindness over wealth.
NASA is recruiting its next class of astronauts, with selected candidates potentially preparing for future Moon missions and living at a lunar base. The agency is accepting applications from qualified US citizens, including candidates with master's-level nursing degrees. Here's a look at the eligibility criteria, experience requirements, $164,395 starting salary and application deadline.
Bruce Willis had retired from acting in 2022 after being diagnosed with aphasia. It is the inability to formulate language due to damage to areas of the brain. It was announced the following year that the Hollywood star had been diagnosed with frontotemporal dementia. It is one of the most common forms of dementia in people under 60.
The Scorpio New Moon opens a week that could bring some welcome breathing room for five zodiac signs. With Mercury and Venus turning direct, the forecast favors picking up stalled conversations and unfinished plans.
Upcoming Treasury bill settlements on November 10 and 12 are expected to withdraw $57.2 billion from markets. The VanEck Semiconductor ETF has already experienced a notable decline since October, losing nearly 25 percent of its value. Historical trading data indicates that semiconductor stocks perform better when Treasury bill issuance is lower. A potential easing of liquidity pressure may occur in December due to reduced auction sizes.
Nvidia's CEO Jensen Huang is being investigated for having an alleged affair with a potential Chinese intelligence agent. This individual reportedly sought to gather information about Nvidia's advanced technology. Nvidia's board has launched an independent probe to examine the allegations against Huang. US lawmakers are demanding a briefing on the matter amid heightened concerns over national security.
The talks follow last month's localized truce around the Russian-occupied city of Oleshky in southern Ukraine that was brokered with the help of US first lady Melania Trump and allowed the evacuation of some of its residents and the delivery of desperately needed humanitarian supplies.
Eli Lilly's Mounjaro and Zepbound and Novo Nordisk's Ozempic and Wegovy were under scanner of United States Food and Drug Administration (US FDA).
Eli Lilly's Mounjaro and Zepbound and Novo Nordisk's Ozempic and Wegovy were under scanner of United States Food and Drug Administration (US FDA).
CJ Beach was a singer, songwriter and guitarist, and was based in Tallahassee, Florida. He was the frontman of CJ & the Deadman. This band performed across the Florida Big Bend region. The young singer had a powerful voice and natural ease on stage. This made him one of the most promising young artists in the region.
Russell Brand and Laura Gallacher's journey began in 2007 and saw a romantic revival in 2015, leading to their marriage in 2017 and the birth of their three children. However, the recent conviction of Brand for several sexual offences, resulting in a decade-long prison sentence, has put their bond to the test.
Johnny Depp is returning to a major studio film as Ebenezer Scrooge in Paramounts upcoming Christmas adaptation of A Christmas Carol. He is also set to reunite with Penelope Cruz in Day Drinker, while renewed discussions about a possible Pirates of the Caribbean return have brought fresh attention to his Hollywood comeback.

18 C