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Ford swings to loss as costs from recalls and Trump tariffs pile up

Detroit carmaker has secured a $3bn credit line to prepare for rising cash pressure

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

Investment firms KKR and ECP to launch joint $4bn data centre project

Deal underscores how developers are turning to novel strategies to meet breakneck computing demand

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

US copper prices fall after Trump exempts refined metals from tariffs

Washington follows through with plans to impose 50% levies on some products

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

US adds 40% tariff on Brazil and targets judge trying Bolsonaro

Move by Washington takes levies on country to 50% for alleged unfair trade practices and trial of former president

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

Trump ends de minimis exemption for global low-cost goods

President Donald Trump signed an executive order ending the de minimis trade loophole for low-value packages shipped from all countries.

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

Trump slaps universal 50% tariff on copper imports; metal's price plunges

The Trump administration says that the tariffs on metals imports are aimed at boosting domestic industries and addressing "trade imbalances."

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

Trump announces 25% tariffs on India, then says talks continuing

US president lashes out at New Delhi’s trade policies and economic ties with Russia but signals deal is possible

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

American universities under pressure: at what cost for competitiveness?

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

Trump announces 25% tariff on India plus 'penalty' for trade with Russia

The 25% tariff rate is modestly lower than what he imposed on India on "Liberation Day," when he announced a 26% rate on the key trading partner.

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

AI is the new foreign aid

Across the global south, tech companies are already doing some of the work that humanitarian agencies once dominated

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

JPMorgan-Coinbase partnership to facilitate crypto trading

Announcement is the latest sign of growing ties between banking and digital asset sectors

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

Mexico’s β€˜austere’ ruling party under fire over top officials’ lavish trips

Senior Morena members pictured taking luxury holidays despite guidelines on avoiding shows of wealth

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

Ukrainian oligarchs ordered to repay $1.9bn over bank fraud

High Court in England rules against Ihor Kolomoisky and Gennadiy Bogolyubov in victory for Kyiv

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

Tsunami waves reach California and Hawaii after massive earthquake in Russia

The earthquake, which struck early Wednesday, triggered evacuation orders in Hawaii and Japan.

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

Palestine Action wins permission to appeal against UK ban

High Court rules that group can bring judicial review against government decision to proscribe it under terror legislation

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

U.S. economy grew at a 3% rate in Q2, a better-than-expected pace even as Trump's tariffs hit

Gross domestic product was expected to grow at a 2.3% annualized pace in the second quarter, according to the consensus estimate.

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

iPhone maker Foxconn joins $1 trillion AI data center market with new alliance

Foxconn said it will take a 10% stake in TECO as part of a share swap and will focus on building data centers around the world, including the U.S.

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

Trump says Friday tariff deadline 'will not be extended'

President Donald Trump then said the U.S. will impose a 25% tariff on goods from India, plus a "penalty" for buying military gear and energy from Russia.

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

Adidas slumps 7% as sportswear giant warns tariffs to drive up U.S. prices

The world's second-largest sports retailer said that added costs associated with tariffs could total 200 million euros ($231 million) in the second half of this year.

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

Big Tech split? Google to sign EU’s AI guidelines despite Meta snub

The code provides guidance on how to meet the requirements of the EU's landmark AI Act.

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

HSBC announces $3 billion share buyback after second-quarter profit misses estimates

CEO Georges Elhedery flagged "structural challenges" to the global economy that have caused uncertainty and market volatility, citing "broad-based tariffs."

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

In photos: Evacuations ordered in Japan, Hawaii and Russia after powerful quake triggers tsunami warning

Evacuations were ordered across the Pacific Ocean after a magnitude 8.8 earthquake struck off Russia's Far Eastern Kamchatka Peninsula on Wednesday.

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

South Korea's LG Energy Solution signs $4.3 billion battery supply deal with undisclosed party

The company said that details of the agreement such as the deal amount were subject to change and the contract period could be extended by up to seven years.

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

UBS posts net profit beat as market volatility boosts trading

Group invested assets soared on the back of increases in the lender's global wealth management and corporate units.

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

CNBC Daily Open: Time's running out before April tariffs boomerang on China

The much-anticipated U.S.-China trade talks in Sweden turned out to be a letdown after it concluded Tuesday with no trade truce extension.

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

CNBC's UK Exchange newsletter: Strong Footsie, strong UK? Not necessarily

Ian King takes a look at the record-breaking FTSE-100 index. But its performance doesn't necessarily tell you much about the health or otherwise of corporate Britain.

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

CNBC's The China Connection newsletter: Chinese AI companies are already making money

The AI industry in China is shifting its focus from cash-burning large language models to business applications.

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

CNBC Daily Open: Boomerang tariffs ahead?

The much-anticipated U.S.-China trade talks in Sweden turned out to be a letdown after it concluded Tuesday with no trade truce extension.

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

Starbucks profits plunge as turnaround costs add up

Coffee chain has hired more baristas and imposed new hospitality standards to entice customers back

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

Starmer finally sets out his stance on Palestinian statehood

Some Labour MPs and cabinet ministers think the prime minister has been slow to respond to the Gaza crisis

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

Starbucks same-store sales fall again, but CEO Niccol says turnaround is ahead of schedule

Shares of Starbucks have risen roughly 1% this year. The company has a market cap of more than $106 billion.

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

FirstFT: US says extended tariff truce with China depends on Trump approval

Also in today’s newsletter, India says it killed Kashmir terror attack perpetrators, and Novo Nordisk’s shares plunge

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

Bessent to American businesses: 'Not the end of the world' if April 2 tariffs kick in

Top Trump administration officials insist that the Aug. 1 deadline is not changing, even as dozens of countries' trade negotiations are unresolved.

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

Wall Street gears up for β€˜pivotal’ three days for US markets

Deluge of economic data, corporate earnings and tariffs news could set the tone for the remainder of the year

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

β€˜Pervasive sense of fear’: China steps up exit bans as US tensions flare

Opaque restrictions risk damaging business confidence, experts and investors warn

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