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How China has changed the game for AI valuations

The nature of competitive advantage has already moved beyond the vertically integrated model pursued by Elon Musk’s XAI

Published on: April 30, 2025 | Source: Financial Times - World favicon Financial Times - World

Spain’s antitrust watchdog approves BBVA’s €11bn hostile bid for Sabadell

Government will now have final say on deal that could make banks a force in Spanish loan market

Published on: April 30, 2025 | Source: Financial Times - World favicon Financial Times - World

Meta shares rise on stronger-than-expected revenue for first quarter

Meta rose as much as 5% after the company reported stronger-than-expected revenue in the first quarter.

Published on: April 30, 2025 | Source: CNBC International favicon CNBC International

FirstFT: Shein considers US restructuring as trade war threatens London IPO plans

Also in today’s newsletter, Singapore’s upcoming election, and Chinese investors pile into gold funds

Published on: April 30, 2025 | Source: Financial Times - World favicon Financial Times - World

US urges India and Pakistan to de-escalate tensions

Secretary of state Marco Rubio expresses growing concern about conflict in after Kashmir attack that killed 26 people

Published on: April 30, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump calls China the 'chief-ripper-offer' on trade, with no sign of direct talks

Trump also appeared to be unmoved by the idea that American consumers will face empty store shelves if his trade war drags on.

Published on: April 30, 2025 | Source: CNBC International favicon CNBC International

UK in talks with France, Saudi Arabia over recognising a Palestinian state

European and Arab powers push for resolution to crisis caused by Hamas-Israel war as UN conference nears

Published on: April 30, 2025 | Source: Financial Times - World favicon Financial Times - World

Amazon to spend $4 billion on small town delivery expansion

Amazon announced it will spend $4 billion by the end of 2026 on expanding deliveries to small towns in rural America.

Published on: April 30, 2025 | Source: CNBC International favicon CNBC International

Paramount ready to settle $20bn Trump lawsuit against CBS News

Potential deal comes after studio’s owner Shari Redstone grew frustrated with β€˜balance’ of coverage

Published on: April 30, 2025 | Source: Financial Times - World favicon Financial Times - World

S&P 500 closes higher as investors shrug off disappointing US data

Blue-chip index concludes its seventh consecutive session of gains

Published on: April 30, 2025 | Source: Financial Times - World favicon Financial Times - World

How a mortgage transforms your investment portfolio

They turn retail savers into hedge-fund managers

Published on: April 30, 2025 | Source: Economist - Finance favicon Economist - Finance

Etsy shares sink after earnings as company says it’s β€˜staying nimble’ to tariff uncertainty

Revenue for the quarter beat expectations, but its gross merchandise sales continue to lag year over year.

Published on: April 30, 2025 | Source: CNBC International favicon CNBC International

Norwegian Cruise Line shares fall on potential softness

Norwegian Cruise Lines misses earnings expectations and braces for "choppiness" ahead

Published on: April 30, 2025 | Source: CNBC International favicon CNBC International

Snap sinks more than 12% after withholding guidance, citing ad concerns

Snap shares fell after the social media company didn't share second-quarter guidance due to the uncertain macroeconomic environment.

Published on: April 30, 2025 | Source: CNBC International favicon CNBC International

Starbucks shares slide as investors question cost of turnaround plan

Coffee chain to raise spending on baristas as it emphasises labour over gadgets to bring customers back

Published on: April 30, 2025 | Source: Financial Times - World favicon Financial Times - World

Ford CEO says Trump's tariff reprieve is helpful, but more changes needed

Ford CEO Jim Farley said it's "essential" for U.S. policies to encourage exports as well as reward companies, such as Ford, for their American production

Published on: April 30, 2025 | Source: CNBC International favicon CNBC International

EU readies β€˜plan B’ should Trump walk away from Ukraine talks

Top diplomat Kaja Kallas says Europe can maintain sanctions on Russia if Washington starts lifting its own

Published on: April 30, 2025 | Source: Financial Times - World favicon Financial Times - World

Rachel Reeves under investigation by parliamentary watchdog

Probe into chancellor focuses on her declaration of theatre tickets in the MPs’ register of interests

Published on: April 30, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump says he'll blame Biden again for 2nd quarter GDP after blaming him for Q1 drop

Trump defended his tariff policies, which many have blamed for a decrease in stock market prices since he began his second term in the White House.

Published on: April 30, 2025 | Source: CNBC International favicon CNBC International

Airbus chief warns there will be β€˜only losers’ from prolonged trade war

Guillaume Faury calls for return of sector’s tariff-free trading

Published on: April 30, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump energy plan has caused 20,000 US jobs losses, says climate group

Hit concentrated on cleantech labour force and comes amid signs of faltering economy

Published on: April 30, 2025 | Source: Financial Times - World favicon Financial Times - World

U.S. economy shrank 0.3% in the first quarter as Trump policy uncertainty weighed on businesses

Gross domestic product was expected to rise at a 0.4% annualized pace in the first quarter, according to the Dow Jones consensus estimate.

Published on: April 30, 2025 | Source: CNBC International favicon CNBC International

FCA calls on Big Tech to do more to tackle growing β€˜finfluencer’ problem

UK financial watchdog wants greater action to curb scams on social media

Published on: April 30, 2025 | Source: Financial Times - World favicon Financial Times - World

Starmer resists pressure to give MPs a vote on any US-UK trade deal

Britain hopes to seal a trio of trade accords in coming weeks as talks also continue with the EU and India

Published on: April 30, 2025 | Source: Financial Times - World favicon Financial Times - World

Foreign shareholders traveling to Omaha for Berkshire Hathaway annual meeting face new puzzle

This year's Omaha gathering comes after President Trump launched a global trade war, intensifying political tensions between the U.S. and other nations.

Published on: April 30, 2025 | Source: CNBC International favicon CNBC International

Ikea aims to lure city dwellers with store on London’s Oxford Street

Swedish furniture retailer wants to expand beyond giant out-of-town warehouses

Published on: April 30, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump-Bezos call sets stage for tense earnings report from Amazon

Amazon's financials will land days after President Trump complained about a report that the company was considering displaying tariff costs on listings.

Published on: April 30, 2025 | Source: CNBC International favicon CNBC International

US economy contracts at 0.3% rate as Trump’s tariffs prompt import surge

First-quarter figures affected by stockpiling but other indicators remain strong

Published on: April 30, 2025 | Source: Financial Times - World favicon Financial Times - World

British bank Barclays beats on profit, braces for potential tariffs-led economic slowdown

British bank Barclays on Wednesday reported slight beats on revenue and profit, boosted by stronger investment bank performance.

Published on: April 30, 2025 | Source: CNBC International favicon CNBC International

The English town that can’t wait to be a theme park

Bedfordians are endlessly keen to show off their history of industrial ingenuity β€” and now Universal is offering a chance

Published on: April 30, 2025 | Source: Financial Times - World favicon Financial Times - World

The Iberian blackout is a wake-up call

Governments must invest in electricity resilience alongside the green transition

Published on: April 30, 2025 | Source: Financial Times - World favicon Financial Times - World

President Trump's trade war hits his second-favorite set of wheels, the golf cart

Donald Trump is photographed in golf carts as often as in the presidential limo, and its 'Made in America' manufacturing claim relies on a global supply chain.

Published on: April 30, 2025 | Source: CNBC International favicon CNBC International

Trump trade advisor Navarro brushes off GDP drop: β€˜We really like where we’re at now’

U.S. Stock market indices fell on news of the decline in gross domestic product over the first full two months of President Trump's second White House term.

Published on: April 30, 2025 | Source: CNBC International favicon CNBC International

Rise of economics in English schools fails to close subject’s gender gap

Boys remain twice as likely to follow course as girls at A-level, Bank of England study shows

Published on: April 30, 2025 | Source: Financial Times - World favicon Financial Times - World

Eric Trump: 'If banks don’t watch what’s coming, they’ll be extinct in 10 years'

"The modern financial system is broken, it's slow, it's expensive," the executive vice president of the Trump Organization told CNBC.

Published on: April 30, 2025 | Source: CNBC International favicon CNBC International