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Mattel quickens effort to move production from China as tariffs hit toys

Maker of Barbie dolls warns of potential price increases for US shoppers and suspends financial guidance for 2025

Published on: May 05, 2025 | Source: Financial Times - World favicon Financial Times - World

Israeli warplanes strike Houthi targets in Yemen

Israel Defense Forces retaliate after militant groupโ€™s missile attack on Ben Gurion international airport

Published on: May 05, 2025 | Source: Financial Times - World favicon Financial Times - World

U.S. crude oil closes at lowest level since 2021 after OPEC+ agrees to production surge in June

OPEC+ is bringing more than 800,000 barrels per day of additional supply to the market over the course of two months.

Published on: May 05, 2025 | Source: CNBC International favicon CNBC International

Film industry reels as Trump threatens 100% tariffs

Levies on overseas movies going into the US would damage production hubs in countries including the UK, Canada and Australia

Published on: May 05, 2025 | Source: Financial Times - World favicon Financial Times - World

Buffettโ€™s legacy: fantastic returns and a troubling precedent

Emulators will no doubt use the Oracle of Omahaโ€™s success to argue that great leaders justify special treatment

Published on: May 05, 2025 | Source: Financial Times - World favicon Financial Times - World

Romaniaโ€™s presidential election pits Maga-style nationalist against pro-EU centrist

Far-right Eurosceptic George Simion is in pole position ahead of second round against Nato supporter Nicuศ™or Dan

Published on: May 05, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump set to raise millions from crypto and meme coin this month

About 80% of the $TRUMP token supply is controlled by the Trump Organization and affiliates, according to the project's website.

Published on: May 05, 2025 | Source: CNBC International favicon CNBC International

How Nigel Farage has gained ground with trade union members

Local elections cement union concerns about Labourโ€™s traditional base pivoting to populist right

Published on: May 05, 2025 | Source: Financial Times - World favicon Financial Times - World

European markets mixed, Erste Group Bank rises 8% after acquiring stake in Santander's Polish unit

European bourses saw a mixed start to the week on Monday, with U.K. markets closed for a bank holiday.

Published on: May 05, 2025 | Source: CNBC International favicon CNBC International

Rich countries 'owe it to the world' to get themselves down to net zero emissions: Bill Gates

This is so as to set an example to others that "there are solutions" to mitigate the effects of the climate crisis, Gates said.

Published on: May 05, 2025 | Source: CNBC International favicon CNBC International

EU to set 2027 deadline for severing energy contracts with Russia

Plan to be announced by European Commission aimed at forcing member states to end imports of Russian gas

Published on: May 05, 2025 | Source: Financial Times - World favicon Financial Times - World

Greg Abel is the successor to Warren Buffett at Berkshire Hathaway. Here's how he got there

Warren Buffett's successor is expected to officially be the new Berkshire Hathaway CEO at the end of this year.

Published on: May 05, 2025 | Source: CNBC International favicon CNBC International

Surprise tariff winner: other peopleโ€™s unwanted stuff

While the behemoths are set to profit from the shift to thrift, not all resellers are cut from the same cloth

Published on: May 05, 2025 | Source: Financial Times - World favicon Financial Times - World

US coal producer Peabody threatens to terminate deal with Anglo American

Peabody formally notifies UK-listed miner of โ€˜material adverse changeโ€™ affecting $3.3bn acquisition of coal assets

Published on: May 05, 2025 | Source: Financial Times - World favicon Financial Times - World

3G Capital to buy shoe brand Skechers in $9bn deal

Tie-up marks return to dealmaking for investment group after long search for a major target

Published on: May 05, 2025 | Source: Financial Times - World favicon Financial Times - World

Ackman completes quest to launch Berkshire Hathaway lookalike

Financier assumes effective control of Howard Hughes and will shift its strategy to hunt for acquisitions

Published on: May 05, 2025 | Source: Financial Times - World favicon Financial Times - World

Incoming German Chancellor Merz vows reforms and investments as parties sign coalition agreement

Germany's incoming Chancellor Friedrich Merz and the country's new cabinet are set to take office Tuesday.

Published on: May 05, 2025 | Source: CNBC International favicon CNBC International

Israel security cabinet approves expansion of Gaza offensive

Prime Minister Benjamin Netanyahu given unanimous backing for what he says is โ€˜good planโ€™ to achieve war aims

Published on: May 05, 2025 | Source: Financial Times - World favicon Financial Times - World

The great soap opera inheritance

The launch of the first new show in the genre in the US in 25 years shows the endurance of steamy melodrama

Published on: May 05, 2025 | Source: Financial Times - World favicon Financial Times - World

Sunoco strikes $9bn deal for Parkland to form N American fuel distributor giant

Acquisition by oil and gas group comes against backdrop of strained relations between US and Canada

Published on: May 05, 2025 | Source: Financial Times - World favicon Financial Times - World

Warren Buffett is not retiring for good as Berkshire board votes to keep him as chairman

With Buffett remaining as chairman, shareholders may be comforted that the "Oracle of Omaha" will remain to help Abel with any big acquisition opportunities.

Published on: May 05, 2025 | Source: CNBC International favicon CNBC International

Taiwanese dollar hits 3-year highs as Asian currencies rally amid greenback weakness

Japanese, South Korean, Hong Kong and Chinese markets were closed for holidays.

Published on: May 05, 2025 | Source: CNBC International favicon CNBC International

Trump takes credit for 'good parts' of economy, blames 'bad parts' on Biden

Last week, Trump put the onus on Biden for the economycontractingin the first quarter of the year.

Published on: May 05, 2025 | Source: CNBC International favicon CNBC International

China warms up to K-pop as it pursues cultural diplomacy, strives to boost consumption amid trade worries

The about-face on K-pop represents a "structural turning point" for the sector, according to Oh Jiwoo, research analyst at CGS International Securities Hong Kong.

Published on: May 05, 2025 | Source: CNBC International favicon CNBC International

China risks a spiral into deeper deflation as it diverts U.S.-bound exports to domestic market

Prices will need to drop for buyers for them to absorb goods meant for exports, experts warn โ€” risking deeper deflation in China.

Published on: May 05, 2025 | Source: CNBC International favicon CNBC International

AI may 'exacerbate inequality' at work. Here's how experts think companies should address that

The AI boom could drive unemployment and "potentially exacerbate inequality," said CIMB Group's Pedro Uria-Recio.

Published on: May 05, 2025 | Source: CNBC International favicon CNBC International

Australian markets set to rally after Prime Minister Albanese's reelection; most Asian markets closed for holiday

Japanese, South Korean, Hong Kong and Chinese markets were closed for holidays.

Published on: May 05, 2025 | Source: CNBC International favicon CNBC International

Bodies of 13 workers kidnapped from a Peruvian gold mine are found

Guardsโ€™ deaths highlights growing problem of illegal mining and criminal violence in Andean nation

Published on: May 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Social care reforms in England risk being โ€˜doomed to failureโ€™, MPs warn

Cross-party committee calls on government to take urgent action to fix โ€˜brokenโ€™ model

Published on: May 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Hard-right candidate wins first round of Romaniaโ€™s election rerun

George Simion will face centrist Bucharest mayor Nicuศ™or Dan in presidential run-off vote on May 18

Published on: May 04, 2025 | Source: Financial Times - World favicon Financial Times - World

U.S. crude oil prices fall more than 4% after OPEC+ agrees to surge production in June

OPEC+ is bringing more than 800,000 bpd of additional supply to the market over the course of two months.

Published on: May 04, 2025 | Source: CNBC International favicon CNBC International

FirstFT: Chinese exporters โ€˜washโ€™ product in third countries to avoid US tariffs

Also in todayโ€™s newsletter, Berkshire after Buffett, and Huaweiโ€™s advanced chip production line in China

Published on: May 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Chinese exporters โ€˜washโ€™ products in third countries to avoid Trump tariffs

Asian neighbours wary of becoming staging posts for trade actually destined for US

Published on: May 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Europe prepares to anoint new leaders as it marks VE Day

Merz takes over as German chancellor, Vatican conclave begins and Skype waves goodbye

Published on: May 04, 2025 | Source: Financial Times - World favicon Financial Times - World