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Democratic lawmakers warn law firms that deals with Trump may be illegal

Legislators argue pro bono agreements with US president may violate bribery and extortion laws

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Donald Trump orders speedier permits for deep-sea mineral projects

US president’s move is part of effort to bolster supply of critical resources

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

EU set to probe Universal’s planned acquisition of Downtown Music

Independent labels have urged competition authorities to block the deal as they say it would make the music giant too dominant

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump Organization signals it will fire lawyer over work for Harvard

Eric Trump says William Burck’s representation of the university in battle with the administration is a β€˜conflict’

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Reeves rejects parts of Trump’s economic agenda before talks with Bessent

UK chancellor says global stability depends on lower trade barriers ahead of meeting US Treasury secretary

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Meta lays off employees working on virtual reality in Reality Labs division

Meta has laid off employees in the company's Reality Labs division that is tasked with developing virtual reality, augmented reality and wearable devices.

Published on: April 24, 2025 | Source: CNBC International favicon CNBC International

Comcast stock drops as investors balk at weakness in broadband

Comcast lost 199,000 total domestic broadband customers, reflecting the continued pressure on the cable giant's cornerstone business.

Published on: April 24, 2025 | Source: CNBC International favicon CNBC International

US to loosen rules on self-driving vehicles criticised by Musk

National Highway Traffic Safety Administration will make it easier to get autonomous cars on the road

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump urges Putin to stop attacks on Ukraine

US president signals frustration with Kremlin even as his administration makes overtures towards Russia

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Jair Bolsonaro’s medical condition deteriorates in hospital

Former president of Brazil remains in intensive care 11 days after surgery as trial looms over alleged coup plot

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

European Central Bank's Holzmann says rate cuts must wait for more tariff certainty

"Before looking at data in detail, the question is, what kind of political decisions will be taken?"

Published on: April 24, 2025 | Source: CNBC International favicon CNBC International

German finance minister says trust not yet broken with U.S., prefers zero-for-zero tariff solution

The trust between Europe and the U.S. is not yet broken despite President Donald Trump's tariff policies, Joerg Kukies, acting German finance minister, said.

Published on: April 24, 2025 | Source: CNBC International favicon CNBC International

China tells US to β€˜cancel all unilateral tariffs’ if it wants talks

Beijing says claims it is nearing a deal with Washington to resolve the trade war are β€˜fake news’

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump’s shameful Crimea ultimatum to Ukraine

Washington is trying to force on Kyiv a peace deal on Russia’s terms

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Bank of England chief focused on tariff 'growth shock' but downplays UK recession risk

Bank of England Governor Andrew Bailey said Thursday that the central bank is focused on the potential U.K. growth shock from U.S. tariffs.

Published on: April 24, 2025 | Source: CNBC International favicon CNBC International

Lebanon amends banking secrecy rules in victory for new government

President Joseph Aoun came to power vowing to enact sweeping reforms after financial crisis and Israel-Hizbollah war

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Consumer giants ring warning bells over Trump’s trade war

β€˜Not optimistic to say the least’: world’s biggest food companies slash forecasts in expectation of slower spending

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

China isn’t trying to win the AI race

Beijing may have quietly concluded that being a close second to the US serves its interests better

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump’s return draws UK and EU closer on defence

Also in this week’s newsletter, UK steel production plunges

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Corporate America puts Wall Street on alert over damage from trade war

Executives use earnings calls to lay out impact of Trump’s tariffs on costs and supply chains

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

UK confirms flagship carbon capture project

The HyNet North West industrial cluster will start storing carbon dioxide in Liverpool Bay from 2028

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

China says no ongoing trade talks with the U.S., calls for canceling 'unilateral' tariffs

U.S. President Donald Trump and U.S. Treasury Secretary Scott Bessent this week indicated that there might be an easing in tensions with China.

Published on: April 24, 2025 | Source: CNBC International favicon CNBC International

US at β€˜precipice of disaster’ with measles as vaccinations drop, study finds

Disease could re-establish itself in less than 25 years, Stanford researchers say

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Procter & Gamble CEO says price hikes are 'likely,' as Tide owner cuts outlook due to tariffs, uncertainty

Procter & Gamble's quarterly earnings topped estimates, but its revenue fell short of expectations.

Published on: April 24, 2025 | Source: CNBC International favicon CNBC International

Tariffs give Europe an opportunity to assert itself as a superpower, central bank governor says

The uncertainty around trade tariffs is complex but a period of uncertainty also provides Europe with an opportunity to assert itself, the governor of the Bank of Latvia said.

Published on: April 24, 2025 | Source: CNBC International favicon CNBC International

CNBC's Inside India newsletter: Have India stocks bottomed?

Indian stocks have rallied about 10% since bottoming out on April 7, when trade tensions between the United States and China escalated.

Published on: April 24, 2025 | Source: CNBC International favicon CNBC International

Stop being 'too nice' at work, says psychologistβ€”this is what successful people do to be more genuine, trustworthy

"The harder we try to use niceness to cover up our discomfort, the more people can see right through us," says Tessa West, author of "Job Therapy."

Published on: April 24, 2025 | Source: CNBC International favicon CNBC International

British fintech Revolut tops $1 billion in profit as revenue jumps 72%

Digital banking unicorn Revolut said Thursday that net profit for the year ending Dec. 31, 2024, totaled 1.1 billion ($1.5 billion), up 149% year over year.

Published on: April 24, 2025 | Source: CNBC International favicon CNBC International

Adobe to launch mobile app for AI image generation tool as OpenAI steps up rivalry

Adobe said Thursday that it will release its Firefly AI image generator on both iOS and Android "soon," without giving a specific date.

Published on: April 24, 2025 | Source: CNBC International favicon CNBC International

Trump’s sovereign-wealth fund won’t make America richer

It will just make the country riskier

Published on: April 24, 2025 | Source: Economist - Finance favicon Economist - Finance

What price cool? $31 a month, according to students

The value of having the right text-message bubbles

Published on: April 24, 2025 | Source: Economist - Finance favicon Economist - Finance

Will China’s shoppers cushion the Trumpian blow?

Perhaps. But nastier outcomes are also imaginable

Published on: April 24, 2025 | Source: Economist - Finance favicon Economist - Finance

World’s largest sovereign wealth fund reports $40 billion loss in first quarter on tech downturn

Norway's sovereign wealth fund on Thursday reported a first-quarter loss of 415 billion kroner ($40 billion), citing weakness in the tech sector.

Published on: April 24, 2025 | Source: CNBC International favicon CNBC International

More travelers are using β€˜buy now, pay later’ plans to pay for trips β€” especially Gen Zs

The BNPL model β€” which allows buyers to pay in installments, sometimes with no interest or late fees β€” is gaining traction among young, cash-strapped travelers.

Published on: April 24, 2025 | Source: CNBC International favicon CNBC International

Shares of Gucci-owner Kering drop after first-quarter sales slump

Shares ofKeringfell on Thursday after the French luxury goods group posted lower than expected first-quarter sales and pointed to further macroeconomic headwinds ahead.

Published on: April 24, 2025 | Source: CNBC International favicon CNBC International