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Pony.ai wins first permit for fully driverless taxi operation in the center of China's Silicon Valley

Chinese robotaxi startup Pony.ai said it has obtained the first permit to charge fares for fully driverless taxis in parts of a business district of Shenzhen.

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

Asian auto stocks extend declines as Trump tariffs on car imports dent sentiment

Shares of Asia's automakers extended declines for a second day as investors continue to parse Donald Trump's tariffs on cars not made in the country.

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

Australia calls May 3 election as Labor seeks to profit from Trump policies

Prime Minister Anthony Albanese portrays the opposition as taking its โ€˜cutting and wreckingโ€™ lead from America

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

CoreWeave raises $1.5bn in scaled back IPO as investorsโ€™ AI enthusiasm cools

Cloud computing provider had initially targeted as much as $4bn

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

Trump withdraws nomination of Rep. Elise Stefanik for U.N. ambassador

President Donald Trump cited the narrow House majority Republicans hold in pulling the New York lawmaker's name from Senate consideration for the post.

Published on: March 27, 2025 | Source: CNBC International favicon CNBC International

Mark Carney says old Canada-US relationship is โ€˜overโ€™

Prime minister vows there will be a โ€˜renegotiationโ€™ of the two alliesโ€™ trade agreement in the face of Donald Trumpโ€™s hostility

Published on: March 27, 2025 | Source: Financial Times - World favicon Financial Times - World

FirstFT: Trumpโ€™s โ€˜devastatingโ€™ tariffs set to disrupt the car industry

Also in todayโ€™s newsletter, HSBC fired bankers on bonus day without giving them bonuses, and China opens path to revival in A-share listings

Published on: March 27, 2025 | Source: Financial Times - World favicon Financial Times - World

EU looks to hit Big Tech in crackdown on US services exports

Scale of tariff action by Trump administration requires bloc to consider using more powerful trade tools, officials say

Published on: March 27, 2025 | Source: Financial Times - World favicon Financial Times - World

Steel tycoon Lakshmi Mittal plans to leave UK after non-dom tax change

Indian businessman would join an exodus of wealthy individuals prompted by Labourโ€™s reform

Published on: March 27, 2025 | Source: Financial Times - World favicon Financial Times - World

US trading partners warn of retaliation against Trumpโ€™s 25% car tariffs

Carmakersโ€™ shares drop as Asian, European and North American countries respond to US presidentโ€™s latest measures

Published on: March 27, 2025 | Source: Financial Times - World favicon Financial Times - World

Investors warn Rachel Reeves she has little fiscal room for error

Chancellor criticised over decision to stick with 9.9bn of budgetary headroom

Published on: March 27, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump withdraws Stefanikโ€™s nomination as UN ambassador

Representativeโ€™s appointment halted in order to retain her seat in the House, where Republicans have a slim majority

Published on: March 27, 2025 | Source: Financial Times - World favicon Financial Times - World

This pub on a remote island in Ireland is looking for someone new to takeoverโ€”but there's a catch

The McLoughlin Bar in Achill Island has been run by the same family for over 150 years and its current owner is looking for a person to take the reins.

Published on: March 27, 2025 | Source: CNBC International favicon CNBC International

Nvidia to anchor CoreWeave IPO at $40 a share, source says

Wall Street was optimistic Trump's second term would be more favorable for technology stocks, but the sector has gotten off to a rough start to the year.

Published on: March 27, 2025 | Source: CNBC International favicon CNBC International

Putin warns of growing competition for Arctic supremacy

Russian leader says he is open to co-operation in region as US vice-president heads to Greenland

Published on: March 27, 2025 | Source: Financial Times - World favicon Financial Times - World

US auto tariffs help Chinese EVs to race ahead

BYDโ€™s technological advances show where the centre of innovation now lies

Published on: March 27, 2025 | Source: Financial Times - World favicon Financial Times - World

US sanctions to hit Serbiaโ€™s oil imports

President Aleksandar Vuฤiฤ‡ says talks on countryโ€™s only refinery failed to break deadlock

Published on: March 27, 2025 | Source: Financial Times - World favicon Financial Times - World

ChatGPT's viral image-generation AI is 'melting' OpenAI's GPUs

While it is "super fun seeing people love images" in ChatGPT, "our GPUs are melting," OpenAI CEO Sam Altman posted on social media site X on Thursday.

Published on: March 27, 2025 | Source: CNBC International favicon CNBC International

Water companies fail to improve more than half of worst sewage overflow pipes

Effluent spills in England and Wales rise to record 3.6mn hours last year

Published on: March 27, 2025 | Source: Financial Times - World favicon Financial Times - World

If Chinese-built containership fines take effect, 'we're out of business in U.S.,' ocean carrier says

If the U.S. fines China-built containerships millions, one ocean carrier says it's likely to abandon the market and freight rates head back to Covid levels.

Published on: March 27, 2025 | Source: CNBC International favicon CNBC International

EU watchdog to set punitive capital rules for insurers holding crypto

Higher requirements designed to discourage sector from holding digital assets

Published on: March 27, 2025 | Source: Financial Times - World favicon Financial Times - World

US debt burden to top world war two peak in coming years, watchdog says

Congressional Budget Officeโ€™s forecasts come after Moodyโ€™s warned on the countryโ€™s public finances this week

Published on: March 27, 2025 | Source: Financial Times - World favicon Financial Times - World

Argentina says it nears $20bn IMF loan deal

Mileiโ€™s government says fund is finalising figure in announcement aimed at calming markets

Published on: March 27, 2025 | Source: Financial Times - World favicon Financial Times - World

Ubisoft spins out new unit for Assassinโ€™s Creed and other games, Tencent to take $1.25 billion stake

Ubisoft on Thursday announced it's creating a new gaming subsidiary and that Chinese technology giant Tencent will invest 1.16 billion euros ($1.25 billion) into the unit.

Published on: March 27, 2025 | Source: CNBC International favicon CNBC International

US pushes for expansive new deal to control Ukraineโ€™s minerals and energy

Latest draft sent to Kyiv steps up demands and offers no security guarantees

Published on: March 27, 2025 | Source: Financial Times - World favicon Financial Times - World

Turkey deports BBC journalist over ErdoฤŸan protest coverage

British broadcaster says veteran correspondent Mark Lowen was held by police for 17 hours before being forced to leave

Published on: March 27, 2025 | Source: Financial Times - World favicon Financial Times - World

Car tariff wacky races will still produce some winners

Brands such as Tesla that manufacture in the US and rely on domestically-produced parts stand to benefit

Published on: March 27, 2025 | Source: Financial Times - World favicon Financial Times - World

Germany slams Trumpโ€™s 25% auto tariffs as bad news for U.S., EU and global trade

The measures, which coincide with an even broader push on levies, represent a major escalation in an already brewing global trade war.

Published on: March 27, 2025 | Source: CNBC International favicon CNBC International

โ€˜Not being Liz Trussโ€™ does not a growth strategy make

In rushing its fiscal fences, the Spring Statement risks otherwise well-meaning reform being botched

Published on: March 27, 2025 | Source: Financial Times - World favicon Financial Times - World

India wants to offer a third way for global tech

After a decade of successful digital policies, the country is keen to claim a role as an alternative to US and Chinese governance

Published on: March 27, 2025 | Source: Financial Times - World favicon Financial Times - World

Trumpโ€™s car tariffs pile pressure on Reevesโ€™ new economic plan

Office for Budget Responsibility warns a global trade war risks eliminating UK chancellorโ€™s fiscal headroom

Published on: March 27, 2025 | Source: Financial Times - World favicon Financial Times - World

Dating apps are dialing up in-person events as Gen Z struggle to build connections

Dating app giants like Hinge and Bumble have been shifting into the live events space as Gen Z increasingly struggle with loneliness and isolation.

Published on: March 27, 2025 | Source: CNBC International favicon CNBC International

Trump's tariffs push will hit the U.S. harder than Europe in the short term, Santander chair says

"On a relative basis, in the short term, Europe will be less affected than the U.S.," Santander's Ana Botรญn said regarding President Donald Trump's tariffs.

Published on: March 27, 2025 | Source: CNBC International favicon CNBC International

Trump threatens 'far larger' tariffs if EU and Canada unite to do 'economic harm' to the U.S.

U.S. President Donald Trump has threatened to impose far larger tariffs on the European Union and Canada if they work together to combat trade tariffs.

Published on: March 27, 2025 | Source: CNBC International favicon CNBC International

Trump's tariffs are making the ECB's interest rate path 'more complicated,' policymaker says

U.S. President Donald Trump's tariff policies are complicating the path ahead for European Central Bank interest rates, policymaker Pierre Wunsch told CNBC.

Published on: March 27, 2025 | Source: CNBC International favicon CNBC International