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Business titans are raising the stakes with 11th-hour pleas to Trump to keep the U.S. in the Paris climate agreement. Top executives, including Dow Chemical's Andrew Liveris and Apple's Tim Cook, are arguing there is more to lose than gain from abandoning the deal. Tesla founder Elon Musk said Wednesday that he had “done all I can to advise directly to POTUS” and vowed to leave Trump's business councils if the president pulled out of the accord. But any impact of the last-minute lobbying remains to be seen.—Katie Robertson
President Trump hasn't yet decided whether to keep the U.S. in the landmark Paris agreement on climate change, but is leaning toward exiting the accord, sources told Bloomberg News, following reports that Trump had already made the decision to exit. The administration is preparing for several different outcomes and top officials are divided on what to do. The move to leave would have significant environmental and diplomatic consequences.
The one thing that unites the family of Jared Kushner is playing the Trump card. Kushner's father and uncle have been feuding publicly for more than a decade through competing property empires. But there's finally common ground—both have had projects promoted to Chinese investors by touting ties to the White House.
NASA wants to fly into the sun. A probe will launch into the Sun's outer atmosphere next year as part of the $1.5 billion mission. The project, 60 years in the making, will fill critical gaps in what we know about “space weather” and its risk to satellites, electrical grids, and telecommunications.
This is how the demise of oil could play out. Oil producers say their industry has decades of growth ahead, with the world's middle classes expanding and consuming more energy. But what if they're wrong? Forecasters don't always anticipate seismic shifts in technology and policy that could slow demand growth. Here's what happens when their central assumptions are tested.
Rich Americans may hasten a Trump headache: raising the debt limit. High income-taxpayers have put off some tax bills this year, causing such a pinch to government revenue that the U.S. could face a default on its debt months sooner than the White House expected.
Goldman Sachs just ignited the Venezuelan ‘Hunger Bonds' movement. Aimed at shaming international investors into boycotting the repressive government's bonds, the ‘hunger bonds' term was really only known among a small crowd of specialists. Then Goldman made a big investment in the debt.
The elite $156,000 supercar no one is talking about. The hybrid Acura NSX has been on the road for a year now, but chances are you haven't seen one. It's been delayed and ignored, and suffers from a weak public image. But our test driver Hannah Elliott says the powerful ride more than deserves consideration in the same vaunted category as the Audi R8, the Mercedes AMG GT, and even the McLaren 570S.
With assistance from Editorial Board
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Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.
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Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
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Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
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AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
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Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
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The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
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Talking Points This Week: AI Cash Burn, A Tiger Comeback And An India That Still Finds Its Own Path
India is not immune to higher oil or tighter global liquidity, yet its earnings base is broader, its domestic policy levers are still available.
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Foreign Investors Own Half Of HDFC Bank and ICICI Bank. An LTCG Cut Could Matter Most Here
Foreign portfolio investors have US$115 billion parked in HDFC Bank, ICICI Bank. If the government cuts long-term capital gains tax, Jefferies says returning foreign money could land here first.
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'Never Seen This Level Of Negativity': Sandeep Tandon Says The Next Rally May Be Closer Than You Think
Veteran investor Sandeep Tandon says foreign selling is easing, large-caps are due a comeback and mid-caps are crowded, while he turns positive on gold, power and pharma this Diwali.