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Elections 2026Global Business / The Economic Times
Spain's Prime Minister Pedro Sanchez is attempting to manage an election campaign amidst recent deadly train accidents. He is emphasising the importance of public services and government accountability as key campaign themes. Recent nationwide protests highlighted the urgent housing crisis affecting many Spaniards and have drawn attention back to this issue. Sanchez's government recently passed emergency housing measures aimed at addressing these concerns.
Food inflation in India is projected to remain elevated in the coming months due to a shortfall in crops. The Reserve Bank of India is anticipated to raise interest rates by 25 basis points to manage retail inflation. Factors such as weak monsoon and high energy prices contribute to the rising inflation. Many essential food items are experiencing upward price pressure amid ongoing inflationary trends.
Ueno Bank's recent collapse has severely affected local vendors at Mercado 4 in Asuncion, where sales have plummeted. Many customers find themselves without money, leading to decreased foot traffic and consumer spending. Although the central bank has provided some refunds to depositors, the relief has not reached the local market. Vendors express deep concerns over their ability to sustain their businesses amidst ongoing uncertainty.
China executed extensive military drills in the western Pacific and around Taiwan, aiming to exert pressure. These unannounced exercises involved over 100 vessels and included simulated attacks on various targets. Taiwanese officials described the drills as a tactic of silent intimidation before key international meetings. While the number of active vessels has decreased, air force activity near Taiwan remains high.
The targets have been set under the state's Industrial Policy 2025-30, with Karnataka seeking investments in sectors such as semiconductors, aerospace, artificial intelligence, clean energy, life sciences and electric mobility.
US lawmakers from both parties are pushing tougher restrictions on China's access to advanced AI chips following reports about former Nvidia CEO Jensen Huang's affair with a suspected Chinese spy. Congress is weighing measures to tighten export oversight, track advanced processors, pressure US allies and close remote-access loopholes.
US lawmakers have demanded answers from the Trump administration over what it knew about former Nvidia CEO Jensen Huang's alleged affair with a woman suspected of spying for China. The controversy has renewed scrutiny of US chip exports to Beijing, national security risks and alleged links between Nvidia and the administration.
US Senate Banking Committee Chairman Tim Scott has asked former Nvidia CEO Jensen Huang and Commerce Secretary Howard Lutnick to testify over national security concerns, alleged Chinese espionage and oversight of chip exports to China. Scott warned he could subpoena Huang, as lawmakers intensify scrutiny of Nvidia and the Commerce Department.
Gold prices edged higher on Friday, recovering from the previous session's lowest level in more than a year, but stayed on track for a weekly fall as higher oil prices stoked
Republican Paul LePage has won Maine's 2nd congressional district, becoming the only candidate to flip a Democratic-held seat to the Republicans without redistricting in the 2026 US midterm elections. The Associated Press called the race after ranked-choice voting, confirming LePage's narrow victory over Democratic state auditor Matt Dunlap.
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US Attorney General Todd Blanche said the Justice Department has not determined whether Alice Huang, whose affair with former Nvidia CEO Jensen Huang preceded his exit, was a Chinese spy. President Donald Trump also said the question remained unresolved, while confirming he had spoken to Jensen Huang a day before his resignation.
Nvidia's ambitious $500 billion AI financing partnership with six major Wall Street firms is facing hurdles, with customers and financial partners seeking a larger financing backstop than the chipmaker's proposed 25%. No deals have emerged so far, and Jensen Huang's exit as CEO adds uncertainty, potentially delaying the first transaction until January.
Ousted Nvidia CEO Jensen Huang had an intimate relationship with a second employee, Reuters reported, days after his resignation following revelations of two other extramarital affairs. The disclosures triggered a board investigation into possible foreign intelligence involvement, while Nvidia appointed finance chief Colette Kress interim CEO. Its shares fell 5.5% Thursday.
Wall Street Stocks broadly felt pressure from a rise in oil prices after President Donald Trump said hes no longer interested in a deal with Iran to end their war.
Microsoft Outlook still down? Thousands of users across the US and the UK reported issues in accessing Microsoft Outlook, Microsoft 365, Teams, SharePoint and other services on November 12. The company has said that it had begun to restore affected servers and implement mitigations. The number of outage reports has begun to drop from afternoon peaks. Several services are still down.
Jensen Huang's affairs have rocked Nvidia as well as the global artificial intelligence (AI) fraternity. Now Huang is facing a lot questions, especially from the US lawmkers.
Nintendo Black Friday game discounts will offer savings on Nintendo Switch 2 bundles, selected games and digital titles during the holiday shopping season. The Nintendo Switch 2 + Mario Kart World Bundle will cost $499.99. It will save buyers $50. Select Nintendo Switch 2 and Nintendo Switch games will be offered with $20 discounts.
Microsoft said earlier in the day it had fixed a Teams disruption affecting users in North America.
The property was a historic 11,000-square-foot estate. It once belonged to legendary filmmaker Cecil B. DeMille. It was built in 1913. The property sits on nearly two acres. It had six bedrooms, 10 bathrooms. It also offered views of the Hollywood Hills and the Griffith Observatory. It also had multiple living spaces, a library, a wine cellar, a fitness studio, and a farmhouse-style kitchen.
A potential SpaceX-Tesla merger could combine satellite internet, electric vehicles and AI under one company. SpaceX brings 161% quarterly revenue growth, while Tesla contributes more than $100 billion in annual sales. But both stocks carry high valuations. For investors considering $10,000, the biggest question is whether future growth can justify today's expensive share prices.
Jensen Huang third affair: Jensen Huang's relationship with a second Nvidia employee has added to the controversy surrounding his sudden departure as CEO. The disclosure follows earlier reports involving healthcare executive Kimberly Powell and Chinese businesswoman Alice Huang, whose alleged links to Chinese intelligence also prompted scrutiny of the Nvidia chief.
According to local media reports, the southern half of the region is at a slight risk of severe weather. Meanwhile the northern half is at a marginal risk. The update was issued by the National Weather Service in Mount Holly, New Jersey. The forecasters stated that through the afternoon, isolated tornado, damaging winds, and hail were possible. Notably, the Lehigh Valley, Berks County, and Bucks County were placed under a tornado watch until 7pm Thursday.
Is Microsoft Outlook down today? Microsoft Outlook users are reporting issues as they are unable to access their email accounts. Over 129,000 users have reported issues with the service. Microsoft have confirmed they are looking into issues with Exchange Online mailboxes in the Americas. They have also warned that Microsoft 365 may be impacted globally. Their status checker is also having issues.
Social Security cuts: Social Security retirees in 15 states could face monthly benefit cuts exceeding $515, with Connecticut recording the highest estimated loss at $556. The projections come as the retirement trust fund faces depletion in 2032, raising concerns about how much beneficiaries could receive if lawmakers fail to address the funding shortfall.
Berkshire Hathaway stock is beating the S&P 500 despite current US stock market volatility. Warren Buffetts company surged 13.2% to a record high, widened its monthly lead to 19.2 percentage points and reversed Mays market underperformance without Buffett as CEO.
The 2014 will was short. However, it had different instructions. These were instructions about who will inherit her assets. Franklin's Kecalf and Edward reportedly supported the 2014 document. Notably, The opposing party was their brother, Ted White II, whose lawyer argued that the 2010 will should stand because it was found under lock and key in Aretha Franklin's home.
Microsoft Outlook users have reported an outage on Thursday. Thousands of users have been facing issues with their email accounts. Downdetector has shown that over 65,000 outage reports have been made. People have been reporting empty inboxes, frozen screens and a 'Failed to fetch' error message while trying to send emails.
Elon Musk responded to a suggestion on X about hiring Nvidia CEO Jensen Huang during his challenging time. Reports indicate that Nvidia's board may discuss Huang's future soon amid rising scrutiny. Allegations about Huang's personal relationships have intensified calls for his resignation from several lawmakers. The controversy has negatively impacted Nvidia's stock, leading to an 8% drop in after-hours trading.
Gamers can play new video games on PlayStation 5, Xbox X/S, PC, Switch 2.
Bitcoin price (BTC USD) today: dropped to around $71,000, reaching its lowest level since August after Jensen Huang resigned as Nvidia CEO. However, BTC USD had already been declining before the announcement, with $1.44 billion in five-day spot Bitcoin ETF outflows, weakness in technology stocks and a close correlation with the Nasdaq 100 adding to market pressure.
Novembers career horoscope points to unexpected openings for five zodiac signs. The end of Mercury retrograde and Jupiter in Leo set the backdrop for revisiting old offers and getting noticed at work. For some, the biggest change could be realizing that the job they once wanted no longer fits the life they want.
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Jensen Huangs sudden exit from Nvidia after 33 years has brought fresh attention to his life beyond the chip business. His property journey tells an interesting story of its own. It began with a $185,000 home in San Jose and now includes a $38 million San Francisco mansion and a luxury home in Hawaii.
'Sunk yet alive': SS United States goes down to become the world's largest artificial reef
Morgan Wallen is set to perform at Sanford Stadium in Athens, Georgia, on July 16 and 17, 2027. The concerts will feature different opening acts including Thomas Rhett, Cole Swindell, Brooks & Dunn, and Stella Lefty. Wallen's tour follows his successful 2026 Still the Problem Tour, which sold out numerous shows. Fans can expect a presale starting on November 19, 2026, for ticket purchases.
Much attention has also shifted to Jensen Huang's personal life and the properties he owned. His real estate investments date back to a time when Nvidia was still years away from its AI-driven rise. Huang and his wife, Lori Huang, bought the Los Altos Hills home in 2003 for $6.9 million. They have also invested in other luxurious properties in California and Hawaii.
Nvidias board said Thursday that CEO Jensen Huang had resigned after reports of two alleged affairs. Chief Financial Officer Colette Kress will serve as interim CEO while the board looks for a permanent successor.
Melania Trump hosted Russian and Ukrainian officials at the White House to celebrate a temporary ceasefire in Oleshky. After recent Republican losses, she increased her public presence, focusing on military families and educational scholarships. Both she and Usha Vance visited soldiers and their families at Fort Rucker, Alabama, expressing gratitude for their service. Melania participated in the planning of the ceasefire, overseeing multiple operational aspects and cooperating with both nations.
Colette Kress will face her first major earnings announcement as Nvidias interim CEO on November 17, just five days after Jensen Huang resigned. The longtime CFO will continue overseeing the companys finances as Nvidia prepares to report its third-quarter results and searches for a permanent CEO.
Dan Hicks, a renowned sports commentator, has reportedly passed away unexpectedly at the age of 64. His wife, Hannah Storm, confirmed he died from an acute illness without providing further details. Hicks had a long broadcasting career that began in 1984 and included significant moments covering various sports. He was well-known for his memorable calls, including those during Michael Phelps' Olympic achievements.
At least 5 people were shot in the Logan Circle area around a mile away from the White House on Thursday morning. One person has died in the attack. The suspected gunman has reportedly killed himself after getting into a stand off with police inside an apartment. The suspect may have a dispute with the homeowners association of the building.

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