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US to โ€˜aggressivelyโ€™ revoke visas of Chinese students

Secretary of state says move will enhance scrutiny on applications from China and Hong Kong

Published on: May 29, 2025 | Source: Financial Times - World favicon Financial Times - World

Court strikes down Trump reciprocal tariffs

The judges wrote that a 1977 law does not actually give the president the power to issue the sweeping duties initiated last month.

Published on: May 29, 2025 | Source: CNBC International favicon CNBC International

Credit default swaps are back in fashion โ€” even if the panic might be overblown

The cost of insuring exposure to U.S. government debt has been rising steadily this year, hovering near its highest level in two years.

Published on: May 28, 2025 | Source: CNBC International favicon CNBC International

UK must toughen regulation of facial recognition, say AI experts

Campaigners call on Keir Starmerโ€™s government to create clear laws to tackle growing use of the technology

Published on: May 28, 2025 | Source: Financial Times - World favicon Financial Times - World

UKโ€™s high-tech warfare operations to be unified in defence shake-up

Reorganisation of cyber and electronic military units will be crucial part of governmentโ€™s strategic review

Published on: May 28, 2025 | Source: Financial Times - World favicon Financial Times - World

Palestinians loot WFP warehouse as widespread hunger deepens Gaza chaos

Looting incident follows disruption at food distribution site as Israel continues to limit supplies despite 79-day siege

Published on: May 28, 2025 | Source: Financial Times - World favicon Financial Times - World

UK confirms powers to force pension funds to back British assets

Chancellor hopes plan to establish โ€˜megafundsโ€™, circumscribed by binding allocation targets, will drive returns for savers

Published on: May 28, 2025 | Source: Financial Times - World favicon Financial Times - World

Salesforce turns in strong results and optimistic forecast

Salesforce delivered a beat-and-raise quarter even with President Trump's imposition of tariffs on imported goods.

Published on: May 28, 2025 | Source: CNBC International favicon CNBC International

Nvidia quarterly revenue surges nearly 70% despite China curbs

US chipmakerโ€™s share price rises even as it takes $4.5bn charge linked to restrictions on sales

Published on: May 28, 2025 | Source: Financial Times - World favicon Financial Times - World

Argentina raises $1bn in international bond auction in boost for Milei

Peso-denominated sovereign bond offered in dollars will increase countryโ€™s foreign currency reserves

Published on: May 28, 2025 | Source: Financial Times - World favicon Financial Times - World

Tesla investors demand Musk work 40-hour week at EV maker as 'crisis' builds

A group of pension funds that are investors in Tesla want the company's board to require more from CEO Elon Musk.

Published on: May 28, 2025 | Source: CNBC International favicon CNBC International

HP sinks 15% as company misses on earnings, guidance due to 'added cost' from tariffs

HP beat on revenue but came up short on earnings and guidance, partly due to President Donald Trump's tariffs.

Published on: May 28, 2025 | Source: CNBC International favicon CNBC International

Far-right Chega party becomes main opposition in Portugal

Election result signals end of dominance of two centrist forces, and could produce another fragile minority government

Published on: May 28, 2025 | Source: Financial Times - World favicon Financial Times - World

FirstFT: Trump orders US chip software companies to stop selling to China

Also in todayโ€™s newsletter, Nvidia quarterly revenue surges, and Shein weighs Hong Kong IPO

Published on: May 28, 2025 | Source: Financial Times - World favicon Financial Times - World

Telegram CEO announces $300 million partnership with Elon Musk's xAI and Grok

Elon Musk's startup xAI is paying Telegram $300 million to roll out its Grok chatbot.

Published on: May 28, 2025 | Source: CNBC International favicon CNBC International

Nvidia beats on earnings and revenue as data center sales jump 73%

There's one big thought on many investors' minds during this earnings call: China.

Published on: May 28, 2025 | Source: CNBC International favicon CNBC International

Chip software stocks sink on report Trump ordered halt to China sales

The instructions come after the U.S. Commerce Department warned companies about using artificial intelligence chips from China's Huawei.

Published on: May 28, 2025 | Source: CNBC International favicon CNBC International

Trump says he's not 'chickening out' on trade: 'It's called negotiation'

TACO, the term that stands for "Trump Always Chickens Out," describes the market reaction to Trump repeatedly announcing heavy tariffs and later pausing them.

Published on: May 28, 2025 | Source: CNBC International favicon CNBC International

How much a $1,000 investment in Nvidia made 10 years ago would be worth today

A $1,000 investment in Nvidia when it first went public would be worth over $5 million today.

Published on: May 28, 2025 | Source: CNBC International favicon CNBC International

Mark Zuckerberg says Meta AI has 1 billion monthly active users

Meta's AI assistant now has one billion monthly active users across the company's family of apps, CEO Mark Zuckerberg said Wednesday.

Published on: May 28, 2025 | Source: CNBC International favicon CNBC International

Abercrombie & Fitch soars more than 14% even as retailer slashes profit outlook due to tariffs

Abercrombie & Fitch's growth is slowing at its namesake brand and the company is expecting tariffs to reduce its earnings by $50 million.

Published on: May 28, 2025 | Source: CNBC International favicon CNBC International

Joby Aviation shares pop nearly 29% as electric air taxi maker closes $250 million Toyota investment

Joby announced that it received the first $250 million of a $500 million investment from Toyota to support its air taxis.

Published on: May 28, 2025 | Source: CNBC International favicon CNBC International

Anthropic appoints Netflix Chairman Reed Hastings to AI startup's board of directors

Netflix Chairman Reed Hastings, who co-founded the video-on-demand company in 1997, has been appointed to Anthropic's board of directors

Published on: May 28, 2025 | Source: CNBC International favicon CNBC International

Fed feared that loss of โ€˜havenโ€™ status would hit US economy

Minutes showed officials worried about โ€˜long-lastingโ€™ effect of market turmoil after President Trump launched trade war

Published on: May 28, 2025 | Source: Financial Times - World favicon Financial Times - World

Fed worried it could face 'difficult tradeoffs' if tariffs reaggravate inflation, minutes show

Officials were concerned that tariffs could aggravate inflation and create a difficult quandary with interest rate policy.

Published on: May 28, 2025 | Source: CNBC International favicon CNBC International

OPEC+ alliance holds oil quotas ahead of July output review

Market focus has shifted toward potential supply hikes from eight OPEC+ members that have been carrying out separate voluntary production cuts.

Published on: May 28, 2025 | Source: CNBC International favicon CNBC International

Shareholders face a big new problem: currency risk

Analysing it is more important than ever. Mitigating it is a nightmare

Published on: May 28, 2025 | Source: Economist - Finance favicon Economist - Finance

Musk says Trump's big bill undermines DOGE; president counters with political reality

Musk criticized President Donald Trump's signature spending bill that recently passed the House.

Published on: May 28, 2025 | Source: CNBC International favicon CNBC International

Britain needs to stop fiddling with fiscal policy

Labour partyโ€™s approach to managing the public finances has been too haphazard

Published on: May 28, 2025 | Source: Financial Times - World favicon Financial Times - World

Ministers look at softening UK welfare cuts to avert rebellion by Labour MPs

Government is seeking to save 5bn a year by reforming disability benefits known as โ€˜personal independence paymentsโ€™

Published on: May 28, 2025 | Source: Financial Times - World favicon Financial Times - World

Shein shifts focus from London to Hong Kong for listing

Fast-fashion group has been hit by US tariffs while flotation has also faced regulatory challenges over risk factors

Published on: May 28, 2025 | Source: Financial Times - World favicon Financial Times - World

Brussels gives ground as Trump holds firm on 10% tariffs

EU negotiators privately admit Washingtonโ€™s โ€˜reciprocalโ€™ levies are unlikely to be overturned in full

Published on: May 28, 2025 | Source: Financial Times - World favicon Financial Times - World

Japanโ€™s rising long-term debt costs ripple around the world

A sharp climb in Tokyoโ€™s bond yields has the potential to push up borrowing costs elsewhere

Published on: May 28, 2025 | Source: Financial Times - World favicon Financial Times - World

US contractor hires obscure Gaza group for aid rollout after local snubs

Private military company agrees deal with little-known firm to provide Palestinians to staff controversial centres

Published on: May 28, 2025 | Source: Financial Times - World favicon Financial Times - World

Maga campaign in Europe tested by Polandโ€™s knife-edge election

Rightwing populists aligned with Donald Trump target presidential race after narrow loss in Romania

Published on: May 28, 2025 | Source: Financial Times - World favicon Financial Times - World