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Instagramโ€™s co-founder testifies Mark Zuckerberg withheld resources

Kevin Systrom backs US Federal Trade Commissionโ€™s case in monopoly trial

Published on: April 22, 2025 | Source: Financial Times - World favicon Financial Times - World

Reeves to Appeal for US Deal at Bessent Meeting in Washington

UK Chancellor of the Exchequer Rachel Reeves will make a personal appeal for a trade deal to US Treasury Secretary Scott Bessent in Washington this week, aiming to โ€œdefend British interestsโ€ and secure preferential treatment on tariffs.

Published on: April 22, 2025 | Source: Bloomberg Politics favicon Bloomberg Politics

US aerospace and defence groups warn of higher costs from Trump tariffs

Sector has largely benefited from tariff-free trade since 1979

Published on: April 22, 2025 | Source: Financial Times - World favicon Financial Times - World

Altman steps down from nuclear group Oklo to avoid conflict of interest

The modular reactor company he funded and led is in talks to deliver energy to OpenAI

Published on: April 22, 2025 | Source: Financial Times - World favicon Financial Times - World

Bessent Offers a Glimmer of Hope as Trade War Shakes Markets

This is Washington Edition, the newsletter about money, power and politics in the nationโ€™s capital. Today, senior Washington correspondent Saleha Mohsin looks at how the trade waris shaking the foundation of US financial dominance. Sign up here and follow us at @bpolitics. Email our editors here.

Published on: April 22, 2025 | Source: Bloomberg Politics favicon Bloomberg Politics

IMF slashes 2025 U.S. growth forecast to 1.8% from 2.7%, citing trade tensions

The Washington-based IMF, in its World Economic Report, cited intensifying downside risks as it lowered its growth projections.

Published on: April 22, 2025 | Source: CNBC International favicon CNBC International

US markets rally as Treasury secretary says China trade war is โ€˜unsustainableโ€™

Scott Bessent tells investors he expects the two countries to reach a deal that would end restrictions on flow of goods

Published on: April 22, 2025 | Source: Financial Times - World favicon Financial Times - World

Bitcoin retakes $90,000 as investors see it as alternative to diving dollar and turbulent stocks

Bitcoin reclaimed the $90,000 level for the first time since March as investors jumped into the crypto for a second day amid turbulence in the stock market.

Published on: April 22, 2025 | Source: CNBC International favicon CNBC International

10-year Treasury yield is little changed as investors weigh latest trade news

Confidence among investors remained in the doldrums amid stalled global trade talks.

Published on: April 22, 2025 | Source: CNBC International favicon CNBC International

Amazon and Walmart sellers hoard goods in Canada to wait out tariffs

Third-party vendors are betting that White House will back down on steep China levies

Published on: April 22, 2025 | Source: Financial Times - World favicon Financial Times - World

How Australiaโ€™s First-Time Voters Feel About the 2025 Election

โ€œWorried.โ€ โ€œUnfair.โ€ โ€œFrustrating.โ€ Ten young voters have their say.

Published on: April 22, 2025 | Source: Bloomberg Politics favicon Bloomberg Politics

Top producer at โ€˜60 Minutesโ€™ show quits, citing loss of independence

Bill Owens announced his decision in an email to staff as parent company considers settling a lawsuit from Donald Trump

Published on: April 22, 2025 | Source: Financial Times - World favicon Financial Times - World

US tariffs threaten lay-offs at UKโ€™s luxury car plants, industry warns

Aston Martin and other marques that depend on American market may require aid such as furlough schemes, auto chief says

Published on: April 22, 2025 | Source: Financial Times - World favicon Financial Times - World

Brazilโ€™s Lula Says He Doesnโ€™t Want to Choose Between China and US in Trade Fight

Brazilโ€™s Luiz Inacio Lula da Silva has no desire to choose between the US and China as an escalating trade fight between the planetโ€™s two largest economies pushes nations like his own to pick a side.

Published on: April 22, 2025 | Source: Bloomberg Politics favicon Bloomberg Politics

Judge Orders 21-Day Notice Before Deporting Accused Gang Members From Colorado

A federal judge in Colorado temporarily blocked the Trump administration from removing suspected Venezuelan gang members from the state under an emergency wartime law, adding to a spate of rulings hindering the governmentโ€™s deportation initiative.

Published on: April 22, 2025 | Source: Bloomberg Politics favicon Bloomberg Politics

Bessent says he expects 'de-escalation' in U.S.-China tariff fight in the 'very near future'

Stocks, already recovering from the prior day's sell-off, soared higher on news of the remarks from Trump Treasury Secretary Scott Bessent.

Published on: April 22, 2025 | Source: CNBC International favicon CNBC International

New York Times Did Not Libel Former Alaska Governor Sarah Palin, Jury Finds

NEW YORK (AP) โ€” The New York Times did not libel former Alaska Gov. Sarah Palin in a 2017 editorial that contained an error she claimed had damaged her reputation, a jury concluded Tuesday.

Published on: April 22, 2025 | Source: Bloomberg Politics favicon Bloomberg Politics

New York pension funds put asset managers on notice over climate plans

Comptroller demands credible transition plans aligned with cityโ€™s goal to reach net zero by 2040

Published on: April 22, 2025 | Source: Financial Times - World favicon Financial Times - World

About half of Americans have a negative view on Tesla and Elon Musk, CNBC survey finds

The broad public and investors have something in common these days: They don't have a lot of love for either Tesla or CEO Elon Musk.

Published on: April 22, 2025 | Source: CNBC International favicon CNBC International

Vladimir Putin offers to halt Ukraine invasion along current front line

US floats recognition of Russian annexation of Crimea as peace plan efforts continue

Published on: April 22, 2025 | Source: Financial Times - World favicon Financial Times - World

Boeing to sell parts of aviation software unit to Thoma Bravo for $10.5bn

Jet maker says deal with specialist technology investor will help group focus on core businesses

Published on: April 22, 2025 | Source: Financial Times - World favicon Financial Times - World

โ€˜60 Minutesโ€™ Chief Caught Up in Trump Fight Leaves Program

Bill Owens stepped down as executive producer of CBSโ€™s 60 Minutes, citing a lack of independence as the news programโ€™s network copes with a lawsuit and ongoing criticism from President Donald Trump.

Published on: April 22, 2025 | Source: Bloomberg Politics favicon Bloomberg Politics

Summers Urges Harvard to Make Changes Without US Interference

Harvard University needs to reform its approach to antisemitism, disciplining students and complying with the Supreme Court on affirmative action, but the US government shouldnโ€™t dictate how the institution is run, said its former president Larry Summers.

Published on: April 22, 2025 | Source: Bloomberg Politics favicon Bloomberg Politics

Chile Presidential Contender Kaiser Vows Economic Shock and Awe

Chile right-wing presidential hopeful Johannes Kaiser said heโ€™d move urgently to cut taxes and reduce the size of government if elected to lead one of Latin Americaโ€™s richest nations.

Published on: April 22, 2025 | Source: Bloomberg Politics favicon Bloomberg Politics

More than 20 tourists feared killed in Kashmir attack

Chief minister of restive Indian-controlled territory says attack is worst against visitors to region in decades

Published on: April 22, 2025 | Source: Financial Times - World favicon Financial Times - World

Union Tells Bessent Risks of Nippon Steel Deal Are Too Great

Selling United States Steel Corp. to Nippon Steel Corp. would pose a risk to national security as well as to the entire American steel industry, the United Steelworkers said in a letter to Treasury Secretary Scott Bessent.

Published on: April 22, 2025 | Source: Bloomberg Politics favicon Bloomberg Politics

Ghanaโ€™s President Suspends Countryโ€™s Top Judge Pending Probe

Ghanaian President John Mahama has suspended Chief Justice Gertrude Torkornoo after receiving three petitions calling for her removal from office.

Published on: April 22, 2025 | Source: Bloomberg Politics favicon Bloomberg Politics

Trump to Visit Saudi Arabia, UAE, Qatar in Mid-May

President Donald Trump will visit the Middle East from May 13 through May 16 as he seeks to solidify planned investments from Saudi Arabia, the United Arab Emirates and Qatar in the US economy.

Published on: April 22, 2025 | Source: Bloomberg Politics favicon Bloomberg Politics

Ex-Credit Suisse CEO Thiam Disqualified From Ivorian Polls

Tidjane Thiam, the former Credit Suisse chief executive officer, has effectively been disqualified from running for president of Ivory Coast following a court ruling that found him ineligible.

Published on: April 22, 2025 | Source: Bloomberg Politics favicon Bloomberg Politics

Chinese freight ship traffic to busiest U.S. ports, Los Angeles, Long Beach, sees steep drop

Freight vessel traffic from China bound for the ports of Los Angeles and Long Beach is down sharply as Trump's tariffs and recession fears hit trade.

Published on: April 22, 2025 | Source: CNBC International favicon CNBC International

US defence stocks look a little less than defensive

Valuations may have held up but investors betting on continued geopolitical turmoil should seek shelter somewhere else

Published on: April 22, 2025 | Source: Financial Times - World favicon Financial Times - World

Colombia to Put Petroโ€™s Failed Labor Reform Directly to Voters

President Gustavo Petroโ€™s government will ask Colombians themselves whether they want better pay and working conditions after Congress rejected the leftist leaderโ€™s labor reform.

Published on: April 22, 2025 | Source: Bloomberg Politics favicon Bloomberg Politics

Supreme Court Poised to Back Faith Opt-Out on LGBTQ Books

A divided US Supreme Court signaled it will back public school parents seeking to opt out of classroom lessons that incorporate LGBTQ-friendly books, as the justices heard a case that could further expand religious rights.

Published on: April 22, 2025 | Source: Bloomberg Politics favicon Bloomberg Politics

Zelenskiy Says He Wants to Meet Trump in Vatican at Papal Funeral

Volodymyr Zelenskiy said heโ€™d like to meet Donald Trump at the Vatican on Saturday where global leaders will attend the funeral of Pope Francis.

Published on: April 22, 2025 | Source: Bloomberg Politics favicon Bloomberg Politics

Bessent Signals Willingness to Offer Argentina a Credit Line

US Treasury Secretary Scott Bessent said the Trump administration would be willing to offer Argentinaโ€™s government a specific credit line if a global shock jeopardized President Javier Mileiโ€™s economic turnaround, according to three people with direct knowledge of his comments.

Published on: April 22, 2025 | Source: Bloomberg Politics favicon Bloomberg Politics