BUSINESS NEWS
- The Hair-Raising Stakes of Flying Into Beirut's AirportBeirut-Rafic Hariri Airport has operated almost without interruption since Israel began targeting Hezbollah personnel and weapons nearby with regular airstrikes south of Beirut.
- Canada's Liberal Government Agrees to Exempt Sales Tax on Some Goods, ServicesCanada’s minority Liberal government is expected to deliver financial breaks for households aimed at helping cash-strapped consumers and rekindling activity.
- China Is Building 30,000 Miles of High-Speed Rail---That It Might Not NeedThe train system is one of the biggest public works in history, and it’s becoming a giant money pit.
- Biden Approves Antipersonnel Mines for UkraineThe move is part of a broader push to counter the Russian military and provide Ukraine with more leverage in possible negotiations.
- Chinese-Registered Ship Is Held in Baltic Sea Sabotage InvestigationA Chinese ship that sailed over two severed data cables in the Baltic Sea around the time they were cut has been stopped by the Danish navy as part of an international investigation into what police say is a possible act of sabotage.
- Cease-Fire Between Israel and Hezbollah Edges Closer, U.S. Envoy SaysAmos Hochstein, the lead U.S. negotiator, said he had made progress on a trip to Beirut and would travel to Israel to try to secure a cease-fire agreement that has so far proven elusive.
MARKET NEWS
- Hong Kong Shares End Lower, Tech Stocks Lead DeclinesThe Hang Seng closed down 0.5%, with tech companies leading the declines and as investors focused on earnings, with Baidu slated to report results later Thursday.
- Dollar Could Stay in Higher Range After Election RallyThe dollar was steady and ING said it is likely to continue trading in a higher range, with the market shifting away from pricing a December interest-rate cut by the Fed as it braces for Donald Trump’s second presidency.
- Comex Gold Futures' Bullish Momentum Accelerating, Chart ShowsSpot gold was higher and RHB Retail Research said that bullish momentum in Comex futures is accelerating, based on the daily chart.
- Thursday's Issuance Could Weigh on Eurozone Bonds Before StabilizationSpanish and French supply looks set to weigh on eurozone government bond markets but stabilization is likely post-issuance, Commerzbank Research said.
- Oil Rises Amid Ongoing Geopolitical Tensions in EuropeOil rose in the morning Asian session. The ongoing escalation of the Russia-Ukraine conflict could impact the oil market as traders assess the possible developments, Exness said.
- The WSJ Dollar Index Rises 0.4% to 100.82The WSJ Dollar Index was up 0.4% to 100.82 — snapping a three-trading-day losing streak.
- Nasdaq Slips; Nvidia's Sales SoarU.S. stocks closed mixed before chip maker Nvidia released its quarterly results, beating expectations for sales and profit.
TECHNOLOGY NEWS
- Google Should Be Forced to Sell Chrome Browser, Justice Department SaysA spinoff would be a major blow to Google following its loss in the antitrust trial.
- Apple Offers $100 Million Investment in Indonesia to Lift iPhone 16 BanThe amount the U.S. tech giant has offered is 10 times higher than an initial plan to invest $10 million and will be invested over the next two years.
- Palo Alto Networks Full-Year Guidance Disappoints; Shares SlipPalo Alto Networks raised its outlook for the year and said revenue climbed in its fiscal first quarter fueled by further subscription growth.
- Tech, Media & Telecom Roundup: Market TalkFind insight on STMicroelectronics, Deutsche Telekom, Sage, and more in the latest Market Talks covering technology, media and telecom.
- Elon Musk's xAI Startup Is Valued at $50 Billion in New Funding RoundThe artificial-intelligence company has told investors it raised $5 billion in its latest funding round.
- U.S. Military Selects Little-Known Utah Supplier for Drone ProgramThe Army chose Teal Drones to provide thousands of reconnaissance aircraft, bypassing some of venture capital’s best-funded drone makers.
- 8 Epic Startup Failures: Sign Up for WSJ's Newsletter