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Top Elite Wealth News

Trump announces 100% tariff on foreign-made movies — REUTERS / ixx511

Tariffs · United States

Trump announces 100% tariff on foreign-made movies

55% Center coverage: 272 sources

The United States will impose a 100% tariff on all movies made outside the country, U.S. President Donald Trump said in a post on Truth Social on Monday. "Our movie making business has been stolen from the United States of America, by other Countries, just like stealing 'candy from a baby'," he said on Monday.See the Story

OPEC+ plans another oil output hike in November: Reuters — REUTERS / pwu404

OPEC+ · Saudi Arabia

OPEC+ plans another oil output hike in November: Reuters

53% Center coverage: 17 sources

OPEC+ will likely approve another oil production increase of at least 137,000 barrels per day at its meeting next Sunday, as rising oil prices encourage the group to try to further regain market share, three sources familiar with the talks said. OPEC+ has reversed its strategy of output cuts from April and has already raised quotas by more than 2.5 million barrels per day, representing about 2.4% of world demand, to boost market share and after coming under pressure from U.S. President Donald Trump to lower oil prices.See the Story

IHC Makes Its Biggest Splash yet in India's Financial Sector with ₹8,850 Crore Sammaan Capital Deal

IHC Makes Its Biggest Splash yet in India's Financial Sector with ₹8,850 Crore Sammaan Capital Deal

34% Center coverage: 3 sources

The transaction will trigger a mandatory open offer for an additional 26% stake, increasing IHC's holding in Sammaan Capital to up to 63.4% on a fully diluted basis.See the Story

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