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BEIJING — China will start limiting exports of critical metal tungsten this weekend, just as alternatives to Chinese suppliers of the metal are reopening.

Audi India expects to end 2024 with a decline in car sales mainly due to supply chain disruptions exacerbated by global geopolitical uncertainties, a senior company executive said. The Volkswagen Group company expects to score a sales revival next year backed by better availability of models, Balbir Singh Dhillon, head, Audi India told ET. Dhillon noted that the Indian luxury car market is expected to grow to record more than 50,000 units this calendar year. The Indian luxury car market has the presence of BMW, Mercedes-Benz and Jaguar Land Rover, among others.

Former Bank of Canada governor Mark Carney says that Canada has experienced “failures of execution” when it comes to immigration policy in recent years, taking in more people than the economy was able to handle.

Subscribe to enjoy similar stories. Real wages are growing again as the rise in inflation abates, but remain below their prepandemic levels in many parts of the rich world even as they surge in China and Russia, according to a report released Thursday by the United Nations. In its annual survey of wage developments, the U.N.’s International Labour Organization said wage inequality within countries has fallen since the start of this century, with the decline being most pronounced in poorer countries.

Lalit Modi, the visionary founder of the Indian Premier League (IPL), has disclosed that his abrupt exit from India in 2010 was triggered by life-threatening warnings from underworld don Dawood Ibrahim. Speaking on Raj Shamani’s Figuring Out podcast, Modi said: “I did leave the country when there was a death threat to me. There was no legal case to start with. Dawood Ibrahim made the threat to me first after IPL-1 because I was also anti-corruption. I didn’t allow any… I was a very strict anti-corruption commissioner.”

The S&P/ASX 200 index hit an all-time high of 8,477.10 earlier, its third this month and second this week. It ended the day with a 0.5% increase to 8,444.30.

HDFC Bank's market capitalization reached Rs 14 lakh crore for the first time on Thursday after the stock of India's largest private lender hit a fresh record high of Rs 1,836.05 on the BSE. The market cap peaked at Rs 14,00,710 crore but later slipped below this level amid profit-taking in the broader markets.

Royal Challengers Bengaluru assembled a strong side in the IPL 2025 auction held on Sunday and Monday at Jeddah, Saudi Arabia. The franchise had retained star batter Virat Kohli for Rs 21 crore, Rajat Patidar for Rs 11 crore and uncapped pacer Yash Dayal for Rs 5 crore. They also made a few big buys in the auction, including Australian pacer Josh Hazlewood for Rs 12.5 crore, England's Liam Livingtone and Phil Salt for Rs 8.75 crore and Rs 11.50 crores. However, it was the Indian wicket-keeper batter Jitesh Sharma who was the biggest gainer. The franchise shelled out Rs 11 crore on the finisher. He got a salary hike of 5,500 per cent — which is an IPL record by some distance. The amount he will receive in the 2025 season is 55 times more than his previous IPL salary of Rs 20 lakh. He was picked up for his base price by PBKS in the IPL 2022 mega auction and then retained him for the same price for the next two seasons.

Congress leaders Priyanka Gandhi and Ravindra Vasantrao Chavan will take oath as Members of Parliament in the Lok Sabha on Thursday. While Priyanka Gandhi won by a record margin from Wayanad, Chavan won the Nanded constituency in the recent Lok Sabha by-polls. Rahul Gandhi had won from Rae Bareli and Wayanad, but he vacated his Wayanad seat from where his sibling Priyanka Gandhi Vadra won on Saturday.

Ghaziabad Police on Wednesday told the Allahabad High Court that it has added a new charge against Alt News co-founder Mohammed Zubair. The charge for “endangering the sovereignty, unity, and integrity of India” was made under relevant sections of the IT Act in their October 8 FIR. The statement came when the high court was hearing the journalist's plea seeking to quash the FIR against him over sharing a video clip of Narsinghanand. Zubair’s lawyer Vrinda Grover said, “When the matter was being heard on Monday, the state (UP Police) kept saying that they had added more sections to the FIR. The court then asked them to put it on record. This morning, when they filed an affidavit, the Investigating Officer informed the court that they have added two new sections —152 and 66 of the IT act.”

earthquake of magnitude 3.8 jolted Nagaland's Kiphire on Thursday, as reported by the National Centre for Seismology. According to the NCS, the tremor was recorded at around 7:22 am on Thursday and was centred around the Kiphire region at a depth of 65 km. «EQ of M: 3.8, On: 28/11/2024 07:22:58 IST, Lat: 25.62 N, Long: 94.90 E, Depth: 65 Km, Location: Kiphire, Nagaland,» National Centre for Seismology posted on X.

Losses for big technology stocks pulled major indexes lower on Wall Street

bond yields slipped as traders took to the sidelines ahead of the US Thanksgiving holiday. Shares in Japan swung between gains and losses while those in Australia climbed alongside Hong Kong equity futures. Contracts for US stocks edged up after the S&P 500 fell 0.4% Wednesday, retreating from a record high in the prior session. The Nasdaq 100 dropped 0.9% as tech stocks weighed on the US market. Nvidia Corp. and Tesla Inc. were among the hardest hit big-tech companies.

Ontario are set to see “incredible snow totals” over the next few days due to a shift in temperatures over the Great Lakes.Water temperatures across the lakes has been at record mild levels given the calm fall so far, Global News meteorologist Anthony Farnell said.However, a looming change in temperature between the lake and the air will create “ideal conditions” for lake effect snow, he added.“Areas downwind of all five Great Lakes will see some incredible snow totals this upcoming weekend and travel will be difficult at best,” Farnell said.“The Lake Huron and Georgian Bay snow squalls will quickly intensify early Friday morning and continue right into early next week.”Farnell added because water temperatures are still so mild, areas right near those will see a heavier, wet snow that will limit amounts at least initially. As the wind shifts slightly, the snow squalls will also shift, bringing the heaviest snow amounts to different communities depending on the day.In the most intense squalls, snow rates could reach as high as 8 cm per hour with thunder and lightning, he said.“By Monday, snow totals could reach as high as 80 cm under the more persistent snow squalls.

Subscribe to enjoy similar stories. It’s peak wedding season in India and airlines and operators of charter jets are rejoicing with the honeymooners. India’s peak wedding season spans from November to March, aligning with a higher number of dates deemed auspicious for matrimonial alliances.

Federal prosecutors in Tennessee say two tax preparers submitted $65 million in false claims for refunds under programs designed to help businesses during the COVID-19 pandemic

Brookfield Asset Management Ltd. walked away from a plan to acquire Grifols SA, ending months of negotiations to take over the Spanish blood-plasma company.

Virtuoso Vice President of Global Public Relations Misty Belles breaks down the holiday travel season, the trends and destinations as well as her outlook for 2025.

Subscribe to enjoy similar stories. Arabica coffee prices have hit their highest level since 1977 as concerns grow about tight global supplies. Continuous arabica coffee futures on the ICE rose 2.8% to $3.175 a pound, near the all-time record of $3.356.

Subscribe to enjoy similar stories. Elon Musk spent the past year building his artificial intelligence startup xAI at breakneck speed. Now he has to turn it into a real business.

World shares are mixed with Chinese stocks leading gains after U.S. stocks rose to records despite President-elect Donald Trump’s latest talk about tariffs