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Citi hires Trumpโ€™s former trade chief Robert Lighthizer

Wall Street bank appoints protectionist ex-official to advise clients on how to navigate trade war

Published on: May 01, 2025 | Source: Financial Times - World favicon Financial Times - World

McDonaldโ€™s reports largest U.S. same-store sales decline since 2020

McDonald's narrowly beat on earnings per share for the first quarter, but fell short on revenue.

Published on: May 01, 2025 | Source: CNBC International favicon CNBC International

Apple says it will appeal after court finds company, executive lied under oath in Epic Games trial

Apple willfully violated and ignored a 2021 decision that came out of the Epic Games case, Judge Yvonne Gonzalez Rogers said in a decision on Wednesday.

Published on: May 01, 2025 | Source: CNBC International favicon CNBC International

U.S. and Ukraine sign landmark minerals deal after months of fraught negotiations

The minerals deal, long coveted by U.S. President Donald Trump, comes more than three years since the start of Russia's full-scale invasion of Ukraine.

Published on: May 01, 2025 | Source: CNBC International favicon CNBC International

Weekly jobless claims surge to 241,000, more than expected, in latest sign of economic trouble

Initial unemployment claims posted an unexpected increase last week in a potential trouble sign for the wobbling U.S. economy.

Published on: May 01, 2025 | Source: CNBC International favicon CNBC International

Microsoft shares jump 9% on earnings and revenue beat, uplifting forecast

The company's Azure cloud growth exceeded Wall Street consensus.

Published on: May 01, 2025 | Source: CNBC International favicon CNBC International

Tesla denies report that the EV maker is looking to replace Elon Musk

Tesla chair Robyn Denholm wrote on the social media platform X thatthe WSJ report was"absolutely false."

Published on: May 01, 2025 | Source: CNBC International favicon CNBC International

Donโ€™t blame imports for the fall in Americaโ€™s GDP

Why what youโ€™ve read about the trade deficit hurting growth is wrong

Published on: May 01, 2025 | Source: Economist - Finance favicon Economist - Finance

Why economists should like booze

A martini doesnโ€™t just steady the nerves after a rollercoaster week

Published on: May 01, 2025 | Source: Economist - Finance favicon Economist - Finance

The risky world of private assets opens up to retail investors

Fund managers smell an opportunity to get even bigger

Published on: May 01, 2025 | Source: Economist - Finance favicon Economist - Finance

A takeover bid promises consolidation in Italian finance

But more complication, too

Published on: May 01, 2025 | Source: Economist - Finance favicon Economist - Finance

Why China has the upper hand in its trade war with America

A truce is still possible, but no one wants to be first to pick up the phone

Published on: May 01, 2025 | Source: Economist - Finance favicon Economist - Finance

Bank of Japan holds rates steady for second straight meeting as Trump tariffs threaten exports

In its policy decision, the central bank highlighted that it will continue to raise its policy rate "if our economic and price forecasts are realised."

Published on: May 01, 2025 | Source: CNBC International favicon CNBC International

Japanese and Australian markets rise following choppy trade on Wall Street; most Asian markets closed for holiday

The Bank of Japan held interest rates at 0.5% in its monetary policy meeting/

Published on: May 01, 2025 | Source: CNBC International favicon CNBC International

Lars Klingbeil to become Germany's vice chancellor and finance minister, Social Democratic Party says

The Social Democratic Party's Lars Klingbeil has been tapped to become Germany's next finance minister in the incoming centrist coalition government.

Published on: May 01, 2025 | Source: CNBC International favicon CNBC International

This startup turns trash into designer objects โ€” which have been featured in Vogue

Charlie Rudkin-Wilson's homeware designs are for sale at luxury retailer Fortnum & Mason and have been featured in the likes of Vogue magazine.

Published on: May 01, 2025 | Source: CNBC International favicon CNBC International

Auto giants ditch financial guidance as industry reels from Trump tariff chaos

The corporate updates come shortly after Trump imposed a 25% tariff on automotive imports into the U.S. earlier in the month.

Published on: May 01, 2025 | Source: CNBC International favicon CNBC International

Microsoft passes its first test on U.S. tariffs with limited product exposure

If rising costs do push businesses to boost efficiency, Microsoft, with its Copilot artificial intelligence assistant, could be helpful, CEO Satya Nadella said.

Published on: May 01, 2025 | Source: CNBC International favicon CNBC International

Meta says China retailers are reducing digital ad spend

Chinese online retailers have cut back their spending on Facebook and Instagram ads in reaction to President Donald Trump's tough trade policy with the country.

Published on: May 01, 2025 | Source: CNBC International favicon CNBC International

White House moving 'as fast as possible' on India trade deal, Navarro says

Investors and consumers are growing skeptical that Trump can execute a series of bilateral trade agreements in time to avoid crippling U.S. imports and exports.

Published on: May 01, 2025 | Source: CNBC International favicon CNBC International

Microsoft shares jump after strong AI demand lifts cloud unit

Profits rise nearly a fifth in March quarter sending stock up as much as 9% in after-hours trading

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

Court finds Apple, executive lied under oath in Epic Games trial

Apple willfully violated and ignored a 2021 decision that came out of the Epic Games case, Judge Yvonne Gonzalez Rogers said in a decision on Wednesday.

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

Japanese and Australian markets poised for muted start following choppy trade on Wall Street; most Asian markets closed for holiday

The Bank of Japan is widely expected to stand pat on interest rates at 0.5% in its two-day monetary policy meeting which concludes later in the day.

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

Meta beats expectations and boosts spending as it shrugs off tariff impact

Zuckerberg says tech giant is โ€˜well positionedโ€™ despite drop-off in revenue from Chinese advertisers

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

US and Ukraine sign natural resources deal

Agreement establishes a โ€˜reconstruction investment fundโ€™ after weeks of fraught negotiations

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

Yum Brands CEO says company is 'pretty insulated' from tariff woes

In a Wednesday interview with CNBC's Jim Cramer, Yum Brands CEO David Gibbs claimed President Donald Trump's sweeping tariffs haven't impacted business.

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

How China has changed the game for AI valuations

The nature of competitive advantage has already moved beyond the vertically integrated model pursued by Elon Muskโ€™s XAI

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

Spainโ€™s antitrust watchdog approves BBVAโ€™s โ‚ฌ11bn hostile bid for Sabadell

Government will now have final say on deal that could make banks a force in Spanish loan market

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

Meta shares rise on stronger-than-expected revenue for first quarter

Meta rose as much as 5% after the company reported stronger-than-expected revenue in the first quarter.

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

FirstFT: Shein considers US restructuring as trade war threatens London IPO plans

Also in todayโ€™s newsletter, Singaporeโ€™s upcoming election, and Chinese investors pile into gold funds

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

US urges India and Pakistan to de-escalate tensions

Secretary of state Marco Rubio expresses growing concern about conflict in after Kashmir attack that killed 26 people

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

Trump calls China the 'chief-ripper-offer' on trade, with no sign of direct talks

Trump also appeared to be unmoved by the idea that American consumers will face empty store shelves if his trade war drags on.

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

UK in talks with France, Saudi Arabia over recognising a Palestinian state

European and Arab powers push for resolution to crisis caused by Hamas-Israel war as UN conference nears

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

Amazon to spend $4 billion on small town delivery expansion

Amazon announced it will spend $4 billion by the end of 2026 on expanding deliveries to small towns in rural America.

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

Paramount ready to settle $20bn Trump lawsuit against CBS News

Potential deal comes after studioโ€™s owner Shari Redstone grew frustrated with โ€˜balanceโ€™ of coverage

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