Indian Rupee Hits Another Record Low as Capital Outflows, Tariff Risks Weigh

India's aviation regulator has taken the unprecedented step of deploying two on-site teams at IndiGo's corporate office to monitor operations following the cancellation of over 3,000 flights last week, which caused significant disruptions in air travel.

Chewy reported an increase in profit and revenue for the third quarter, but the company has issued a pessimistic forecast for the fourth quarter, indicating potential challenges ahead. This mixed performance highlights the volatility in the retail sector, particularly for e-commerce businesses.

Nissan's new U.S. chief has acknowledged that the automaker has lost its direction, promising to introduce more models and a significant number of hybrids to revitalize the brand. This statement reflects a critical assessment of the company's current market position and strategy.

U.S. manufacturers are slowing down their orders as they await a Supreme Court ruling on tariffs imposed by the Trump administration, with the index measuring North American manufacturing activity hitting its lowest level since May. This decline reflects ongoing uncertainty in the market as businesses navigate the implications of these tariffs.

Silicon Valley is experiencing a surge in startups and venture capital investments aimed at developing new sources of critical minerals, a move seen as essential to reduce the U.S.'s reliance on China for these vital resources. This initiative is part of a broader national strategy to secure a stable supply of metals necessary for various industries, including technology and renewable energy.

TUI's shares experienced a decline following disappointing revenue data from winter bookings, despite the company reporting an increase in net profit. This drop in stock value highlights investor concerns regarding future performance amidst fluctuating market conditions.

Coupang's CEO has resigned following a significant data breach that compromised the personal information of approximately 33.7 million users in South Korea. The breach, which was disclosed last month, has raised serious concerns about the security measures in place at the e-commerce giant.

Silver prices have reached new record highs as investors anticipate a Federal Reserve rate cut amid ongoing market tightness. This surge reflects a growing confidence in precious metals as a safe-haven asset in uncertain economic conditions.