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Trump officials Bessent and Greer to meet with Chinese counterparts on trade, economic issues

President Donald Trump earlier in the day had downplayed tariff negotiations, saying at the White House, "We don’t have to sign deals."

Published on: May 07, 2025 | Source: CNBC International favicon CNBC International

Disney announces an Abu Dhabi theme park and resort

The Abu Dhabi park will be Disney's seventh theme park resort and it will be fully developed and built by partner Miral.

Published on: May 07, 2025 | Source: CNBC International favicon CNBC International

Investors fled to Europe and Japan after Trump's tariffs jolted U.S. markets, Bank of America says

Crypto currencies and high yield bonds benefited last week, at the expense of gold and U.S. Treasury bonds, BofA said.

Published on: May 07, 2025 | Source: CNBC International favicon CNBC International

CNBC Daily Open: Countries want to strike deals with U.S. β€” but are also making them without it

They may be bridges being built in the aftermath of Trump tariffs. But those connections could bypass the U.S. β€” which, according to Trump, does not need deals.

Published on: May 07, 2025 | Source: CNBC International favicon CNBC International

CNBC's The China Connection newsletter: Tourism surge defies consumption slowdown

Competition for the cost-conscious Chinese consumer is zeroing in on travel and experiences.

Published on: May 07, 2025 | Source: CNBC International favicon CNBC International

CNBC Daily Open: Trump says the U.S. doesn’t need a trade deal β€” the UK and India have made one without it

They may be bridges being built in the aftermath of Trump tariffs. But those connections could bypass the U.S. β€” which, according to Trump, does not need deals.

Published on: May 07, 2025 | Source: CNBC International favicon CNBC International

India says it carried out military strikes against Pakistan as tensions spiral after Kashmir killings

The operation follows a militant attack in Pahalgam, Jammu and Kashmir, in which 26 people were killed last month.

Published on: May 07, 2025 | Source: CNBC International favicon CNBC International

US and China to launch formal trade talks

Washington dispatches Treasury secretary Scott Bessent to meet Chinese counterparts in Switzerland later this week

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World

India launches military strikes on Pakistan

New Delhi takes action after linking Islamabad to militant attack in Indian-administered Kashmir

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World

Carney holds his own in Oval Office encounter with Trump

Bonhomie strained as US president muses about annexing his northern neighbour and his dislike of former Canadian PM

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World

Pegasus spyware creator ordered to pay WhatsApp $168mn for 2019 hack

NSO Group could be exposed to liability from other technology groups for exploiting their platforms’ vulnerabilities

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World

Super Micro issues weak guidance, cites 'economic uncertainty and tariff impacts'

A week after issuing disappointing preliminary results, Super Micro said in its earnings release that it could see an impact from President Trump's tariffs.

Published on: May 06, 2025 | Source: CNBC International favicon CNBC International

AMD beats on earnings but will take $1.5 billion hit to revenue from chip restrictions to China

AMD reported first fiscal-quarter earnings on Tuesday that topped expectations, and provided a strong guide for current-quarter revenue.

Published on: May 06, 2025 | Source: CNBC International favicon CNBC International

FirstFT: India launches strikes in Pakistan

Also in today’s newsletter, New Delhi agrees trade deal with UK, and Chinese exporters undervalue cargo to skirt US tariffs

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World

58 crypto wallets have made millions on Trump's meme coin. 764,000 have lost money, data shows

Interest in the $TRUMP meme coin spiked more than 50% after the project's website promised the top 220 holders a seat at a dinner with the president.

Published on: May 06, 2025 | Source: CNBC International favicon CNBC International

EV maker Rivian cuts 2025 production target on tariff turmoil

Carmaker engaging in β€˜strategic sourcing’ to mitigate supply chain issues with imported inputs such as battery cells

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World

EA issues strong bookings guidance as CEO touts 'Battlefield' reveal

Electronic Arts beat fiscal fourth-quarter bookings estimates.

Published on: May 06, 2025 | Source: CNBC International favicon CNBC International

Ministers prepare minor concessions to soften impact of benefits cuts

Move comes as government braces itself for major rebellion by Labour MPs against contentious disability welfare reforms

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World

Mark Carney tells Donald Trump Canada is β€˜not for sale’

US president counters Canadian prime minister, saying β€˜never say never’

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World

Carney tells Trump: Canada 'won't be for sale ever'

Carney's first visit to the White House since his election comes as the U.S.-Canada trade relationship has been upended as a result of Trump's tariffs.

Published on: May 06, 2025 | Source: CNBC International favicon CNBC International

UK and India strike trade deal after three years of talks

Britain makes concessions on Indian access to employment markets in exchange for cuts to tariffs on whisky and cars

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World

UK closes in on US trade pact with lower tariff quotas for cars and steel

London to offer concessions on digital services tax in deal that could be agreed this week

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump says US will stop bombing Houthis in Yemen

US says rebel group has agreed to halt its attacks on regional shipping in the Red Sea

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World

The Fed meets with uncertainty permeating the air. Here's what to expect

Central bank policymakers can do little for now except sit and wait as events unfold.

Published on: May 06, 2025 | Source: CNBC International favicon CNBC International

Buy the dip: the trend that keeps stocks from crashing

Retail investors now play a useful role at times of panic

Published on: May 06, 2025 | Source: Economist - Finance favicon Economist - Finance

Chancellor on pause: Bundestag stings Merz on day one

First failed vote highlights Germany’s new head of government has a thin majority to deliver an ambitious programme

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World

Germany's Merz elected chancellor in second parliamentary vote after unexpected setback

Friedrich Merz was elected as Germany's chancellor in a second-round parliamentary vote on Tuesday, after failing to secure enough support earlier in the day.

Published on: May 06, 2025 | Source: CNBC International favicon CNBC International

Skechers and 3G show public stock markets a clean pair of heels

The sneaker maker’s low debt and high ratio of sales outside the US made it an attractive takeover target

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World

Friedrich Merz wins second vote to become Germany’s chancellor

Initial failure marks a first in country’s postwar history and reveals fragility of his support

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World

Czech court halts $18bn nuclear reactor deal after rival complaint

France’s EDF successfully halts Prague’s purchase of two South Korean-made units

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World

The west’s shameful silence on Gaza

The US and European allies should do more to restrain Benjamin Netanyahu

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World

Brussels seeks to force EU companies to disclose Russian gas contracts

European Commission will propose rules next month requiring contract details to be shared with energy and security authorities

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World

SNP pledges NHS improvements ahead of Scottish elections

First minister sets out legislative programme early to allow full year of reform before Holyrood poll

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World

The old global economic order is dead

China and others must think afresh as the US steps away from its role as balancer of last resort

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World

Aid agencies attack β€˜half-baked’ Israeli plan to control food in Gaza

Country has briefed diplomats and humanitarian officials on proposal to funnel supplies through little-known foundation

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World