STEAMED BUN SHOP CHINA
Every day is a sale day as India picks up shopping occasions from the world
Retailers in India are adopting international shopping festivals such as Singles' Day and Thanksgiving to enhance consumer spending. Brands like H&M, Puma, and Levi's are participating in these promotional events. These new shopping occasions aim to counter traditional post-Diwali consumption lulls. Marketers report increased participation and footfall in malls during these promotional periods. Events like Black Friday have already seen a positive impact on sales across various retail sectors.
All about China's CE-25A electric aircraft that can fly at 300 kmph and just completed its maiden piloted flight
China's CE-25A electric commercial aircraft carried out its maiden piloted flight in Binzhou, Shandong province. The aircraft is designed for short-distance travel and can carry up to 19 passengers. Developed by the Commercial Aircraft Corporation of China, it plans to increase regional connectivity. The aircraft successfully met all performance indicators during the test flight with two pilots onboard.
Ontario Mills Mall shooting sparks panic among shoppers as a juvenile suspect is arrested by police: Here's what we know so far
An apparent shooting at Ontario Mills Mall in California caused panic among shoppers during a busy Friday evening. Video footage showed crowds fleeing the scene as gunshots were heard in the concourse area. The Ontario Police Department confirmed that no one was injured during the incident, and the suspect, a juvenile, had been arrested. Investigators are still working to determine the motive.
China, US discuss tariffs, farm trade at first trade council meeting
China and the United States held their first trade council meeting via video link on Friday. The discussions involved tariffs, agricultural trade, and a reciprocal tariff-reduction arrangement of $30 billion per side. Both sides aimed to implement outcomes from previous consultations while addressing trade concerns and expanding cooperation.
ETtech Explainer: How OpenAI’s ChatGPT Wallet allows AI agents to make payments for users
Many people until now used ChatGPT to research products, compare options and decide what to purchase. But with the new feature, OpenAI wants these users to complete the purchase process through their AI agents as well.
Amazon's plan to own the world's product data and fight AI shopping agents
Called World Product Graph, the initiative seeks to hoover up data on virtually every item for sale on Earth, whether Amazon stocks it or not, according to an internal document reviewed by Reuters, and to people familiar with the matter.
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China's $3 billion-plus pipeline of Nvidia-powered AI data centres
A Reuters review has identified more than $3 billion worth of Chinese computing projects built around Nvidia's restricted AI processors, highlighting the US chipmaker's continued presence in China's AI infrastructure despite export controls. The findings expose Chinese developers' reliance on US technology and the risks of supply disruptions as Washington tightens restrictions.

China's Yuan edges higher as exporters' dollar sales offset Fed rate hike bets
China's yuan rose against the US dollar as domestic companies converted foreign earnings into yuan. This seasonal trend occurs before year-end and the Lunar New Year. The dollar remained strong due to speculative interest rate hikes by the Federal Reserve. Chinese exporters took advantage of the firmer dollar, contributing to yuan appreciation.

Nintendo Black Friday Game Discounts 2026: Switch 2 bundle with $50 savings, select Nintendo games with $20 discount and digital game sale
Nintendo Black Friday game discounts will offer savings on Nintendo Switch 2 bundles, selected games and digital titles during the holiday shopping season. The Nintendo Switch 2 + Mario Kart World Bundle will cost $499.99. It will save buyers $50. Select Nintendo Switch 2 and Nintendo Switch games will be offered with $20 discounts.

Nintendo announces Black Friday 2026 deals: Switch 2 bundles, Mario Kart World and game discounts
Nintendo has unveiled its enticing Black Friday deals for 2026, featuring attractive discounts on bundles and game titles. Running from November 22 to December 5, shoppers can expect significant savings, including the Nintendo Switch 2 bundled with Mario Kart World and Nintendo Switch Sports Resort. Discounts extend to various digital and physical games as well, available through retailers like Amazon, Best Buy, and GameStop.

Xi says China's 'complete reunification' will certainly happen, no room for Taiwan independence
President Xi Jinping reiterated the importance of Taiwan's reunification, viewing it as a crucial historical mission. He stated that the Communist Party of China will certainly achieve this objective. Xi expressed willingness to engage in dialogue while firmly opposing any form of Taiwan independence. Additionally, he highlighted the need to consider Taiwan's realities and the feelings of its people.

Once adored like a rock star, Nvidia CEO Jensen Huang now faces awkward questions at home in Taiwan
Nvidia CEO Jensen Huang's relationship with Chinese businesswoman Alice Huang has led to an FBI investigation. The claims about Alice being a Chinese agent have surprised many in Taiwan. Following the news, some stores in Taipei are considering removing photos of Huang. Authorities in Taiwan are closely monitoring any future entries of Alice Huang into the country.

NPCI to use merchant fees to boost UPI acceptance among small shops
In an effort to boost digital payments, NPCI has launched the UPI Vyapaar Saksham Scheme targeting small businesses in tier-3 to tier-6 towns, including regions like Jammu and Kashmir. This three-year initiative will leverage merchant fees to incentivize banks for onboarding new merchants, aiming to roll out millions of new QR codes and soundboxes, thereby significantly increasing transaction volumes in underserved markets.

Chinese man gets a 2BHK flat for Rs 155 after placing the highest bid first in an online auction, plans to spend winter holidays there
2BHK flat for Rs 155: A Chinese shopper has bought a 732 sq ft, two-bedroom apartment for just Rs 155 during the Double 11 shopping festival. The auction attracted 1,677 bidders, while the apartment's estimated market value is Rs 5.6 lakh. The buyer will additionally pay around Rs 28,000 in taxes to complete the ownership transfer.

China Central Bank vows stronger policy support to achieve economic growth targets
China's central bank has pledged stronger monetary support and increased policy adjustments to help achieve its annual economic growth targets. The People's Bank of China flagged weak domestic demand, structural challenges and external uncertainties, while promising to keep borrowing costs low and support key sectors, including technology and infrastructure.

Gym closes 15 minutes earlier than advertised time, Punjab man quits six-month membership within two months; consumer court orders gym to refund and pay Rs 6,500
An Amritsar man paid Rs 5,760 for a six-month gym membership but left within two months, alleging that they closed earlier than advertised time and problems with facilities, including the steam bath. The district consumer commission ordered the gym to refund Rs 3,500 with 6% interest, pay Rs 2,000 compensation and Rs 1,000 litigation costs.

Dhanteras gold rush stretches quick commerce delivery fleets, stores
Heavy demand across platforms such as Blinkit, Instamart, and Zepto also led to dark stores in multiple pincodes in Delhi, Mumbai, and Bengaluru temporarily pausing services on Friday due to a paucity of delivery executives.

UPI sees Diwali boom; AI cracks Captcha
Diwali spending fuelled a surge in UPI transactions, with both payment volumes and values rising. This and more in today’s ETtech Top 5.

Indian Navy's INS Betwa to get diesel propulsion system in Rs 500-crore refit
The Ministry of Defence executed a contract worth Rs 498.58 crore for the refit and upgrade of INS Betwa. This project replaces the frigate's steam propulsion with a modern diesel-engine system and enhances its combat systems. The refit aims to improve operational effectiveness while promoting indigenous capabilities in naval repairs. More than 50 micro, small, and medium enterprises will be involved in the initiative.

China's Singles Day shopping festival puts AI selling power to the test
If you are looking for evidence of how enthusiastically China is adopting AI, look no further than the country's premier month-long Singles Day shopping festival.

Electronics Inc runs ops update to build AI infra
India’s electronics manufacturers are moving into AI data centre infrastructure, targeting optical transceivers, advanced packaging and specialised cooling systems. Dixon Technologies, Samsung, LG, Blue Star and PG Electroplast are exploring production opportunities as global demand rises. The shift could attract investment, improve margins and strengthen India’s position as an export hub.

Nvidia CEO Jensen Huang's woes evoke sympathy, disbelief in his birthplace Taiwan
As questions loom over Nvidia CEO Jensen Huang following revelations about his affair with a suspected spy, his hometown admirers stand firm in disbelief, continuing to applaud his contributions. The allegations have prompted Taiwan's Deputy Foreign Minister to stay silent on the espionage matter. Academic Liu I-li stressed the importance of context when evaluating such situations. Despite these personal troubles, Huang retains a strong fan base back home.

China’s trade surplus tops $1 trillion for second straight year as exports surge
China's trade surplus reached $1.04 trillion in January-October, crossing $1 trillion for a second consecutive year. October exports rose 35.2% year-on-year, while imports grew 41.6%, narrowing the monthly surplus to $105.3 billion. Strong overseas demand is supporting exports, but weak domestic consumption and rising trade tensions pose risks to the outlook.

China's trade surplus surpasses USD 1 trillion for 2nd straight year, as exports surge 35 per cent
China's trade surplus has surpassed USD 1 trillion for the second consecutive year as exports continue to rise significantly. Imports increased sharply in October, contributing to a narrowing of the monthly surplus. The trade situation presents challenges as domestic demand remains sluggish while foreign competition intensifies. Trade discussions are anticipated between the leaders of the US and China amid ongoing global trade tensions.

Festive shopping: Home, kitchen products drive 81% jump in D2C sales to Rs 1,328 crore
Home and kitchen product sales surged 81% year-on-year during the pre-Diwali shopping period in India. Gross merchandise value reached an estimated ₹1,328 crore from October 21 to November 5. Consumers showed increased spending on household appliances, water purifiers, and kitchenware, reflecting changing priorities. Traditional categories like fashion and gifting also experienced notable growth during this time. However, health and wellness product sales decreased as budgets shifted towards festive purchases.

Market resumes Diwali cheers: Sensex rises 107 points, Nifty ends near 25,050. Why Citi, HSBC are turning bullish?
Sensex and Nifty ended positively after recovering from early losses during the Muhurat Trading session. Nifty PSU Bank index rose significantly, while IT stocks declined, affecting overall market sentiment. Analysts from Citi and HSBC are optimistic about the future of Indian equities amid improving fundamentals. Investors are currently awaiting inflation data to gauge interest-rate trajectories and monitor crude oil prices.

Gulab jamun made with paneer and sweet potato: Mumbai nutritionist shares zero-sugar recipe for Diwali 2026
Gulab jamuns are beloved Indian sweets often packed with refined sugar and carbs. A fresh recipe introduces a healthier twist by swapping refined sugar for a monk fruit sweetener. This innovative approach includes ingredients like paneer, sweet potato, oats, and almonds. After shaping the dough into balls, you can air-fry them for a delightful golden hue. Letting the gulab jamuns soak in chashni for several hours intensifies their delectable flavor.

Amazon rolls out text-based shopping through Alexa
Amazon said the new text feature lets users research and compare products, track deals and price drops, and have Alexa for Shopping complete purchases on their behalf.

When is Black Friday 2026? Early deals, key discounts, and shopper strategies revealed
Black Friday 2026 is expected to take place on November 27, following Thanksgiving. Many retailers are already offering early discounts on a wide range of products. Shoppers are encouraged to look for budgeted deals and specific products early. Significant discounts are available across electronics, fashion, and beauty categories. It's advisable to compare prices throughout the sales period to find the best possible deals.
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