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Nike will raise prices on a wide range of products as soon as this week

Nike is raising prices on a range of merchandise as it braces for tariffs to hit its profits and tries to carry out a turnaround.

Published on: May 21, 2025 | Source: CNBC International favicon CNBC International

Netanyahu says Israel probably killed Hamas chief as it intensifies Gaza offensive

Premier says propaganda pushed by Muslim minorities is driving European condemnation of latest offensive

Published on: May 21, 2025 | Source: Financial Times - World favicon Financial Times - World

Canada Goose shares soar nearly 20% as company beats estimates, pulls full-year guidance

Shares of Canada Goose rose 20% after the company reported fiscal fourth-quarter earnings that beat analysts' estimates.

Published on: May 21, 2025 | Source: CNBC International favicon CNBC International

Target cuts sales outlook as retailer blames tariff uncertainty and backlash to DEI rollback

Target missed first-quarter sales estimates and said it was setting up a new office to try to accelerate its turnaround.

Published on: May 21, 2025 | Source: CNBC International favicon CNBC International

Target shares fall after hit from tariffs and store boycotts

Retailer cuts outlook as sales drop more than expected

Published on: May 21, 2025 | Source: Financial Times - World favicon Financial Times - World

Hedge fund Elliott wins two seats on Phillips 66 board

Investment firm has lobbied for sweeping changes at US energy group

Published on: May 21, 2025 | Source: Financial Times - World favicon Financial Times - World

Ministers to delay UK junk food advertising ban until next year

Marketing of unhealthy products to be barred before 9pm on TV but branded advertising using company names will be allowed

Published on: May 21, 2025 | Source: Financial Times - World favicon Financial Times - World

Honeywell close to securing Johnson Matthey catalyst unit in £1.8bn deal

Tie-up would mark the latest acquisition of a UK asset by a US group

Published on: May 21, 2025 | Source: Financial Times - World favicon Financial Times - World

US Speaker hails $3tn Trump budget bill deal but Republican hardliners hold out

Mike Johnson overcomes sticking point on taxes but needs to placate fiscal conservatives in his party ahead of vote

Published on: May 21, 2025 | Source: Financial Times - World favicon Financial Times - World

Daniel Loeb’s Third Point Investors in deal to create London-listed insurer

Planned reverse takeover of reinsurer Malibu Life has already met resistance from fund shareholder AVI

Published on: May 21, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump attacks South Africa’s Ramaphosa over alleged targeting of white farmers

US president brandishes printed media reports of what he claims are murdered farmers in Oval Office exchange

Published on: May 21, 2025 | Source: Financial Times - World favicon Financial Times - World

Amazon CEO Andy Jassy says tariffs haven't dented consumer spending

Amazon CEO Andy Jassy said the company hasn't seen any signs of consumers tightening their wallets in the face of President Donald Trump's sweeping tariffs.

Published on: May 21, 2025 | Source: CNBC International favicon CNBC International

Keir Starmer makes U-turn on winter fuel payments

UK prime minister tells MPs he wants ‘more pensioners’ to receive the benefit

Published on: May 21, 2025 | Source: Financial Times - World favicon Financial Times - World

CoreWeave raises $2bn in junk bond offering

Deal will help AI data centre operator raise fresh capital after size of IPO was cut in Wall Street debut in March

Published on: May 21, 2025 | Source: Financial Times - World favicon Financial Times - World

Reeves faces questions over judgment after winter fuel U-turn

Labour MPs mobilise to put pressure on chancellor over planned welfare cuts

Published on: May 21, 2025 | Source: Financial Times - World favicon Financial Times - World

Bitcoin hits record high on hopes US lawmakers will finalise rules

Price hits $109,760 after gaining more than one-third over past month

Published on: May 21, 2025 | Source: Financial Times - World favicon Financial Times - World

Spain eases rules in bid to stop IPOs being derailed by market turmoil

Companies will be given 18-month window for shares to start trading, after several eleventh-hour IPO cancellations

Published on: May 21, 2025 | Source: Financial Times - World favicon Financial Times - World

OpenAI to buy Jony Ive’s io for $6.4bn in hardware push

Ex-Apple design chief is working on AI-powered alternatives to smartphones and laptops

Published on: May 21, 2025 | Source: Financial Times - World favicon Financial Times - World

Target’s retail woes make it prime activist bait

The strong performance of Walmart and Costco strengthens the case for an agitator

Published on: May 21, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump’s Middle East dealmaking could reshape the global AI race 

Success rides on how leaders in the region decide to focus their spending

Published on: May 21, 2025 | Source: Financial Times - World favicon Financial Times - World

Marsh McLennan settles $143mn lawsuit over role in Greensill collapse

US firm White Oak alleged broker failed to pass on crucial information about collapsed firm’s cover

Published on: May 21, 2025 | Source: Financial Times - World favicon Financial Times - World

Listen to Afrikaners, not Trump, on the state of South Africa

The white minority does have justified anxieties but many are thriving and it is absurd to talk of a ‘genocide’

Published on: May 21, 2025 | Source: Financial Times - World favicon Financial Times - World

A ‘fundamental regime shift’ could be underway as investors rethink U.S. assets, ECB says

In its latest Financial Stability Review, the central bank discussed the recent spike in market volatility.

Published on: May 21, 2025 | Source: CNBC International favicon CNBC International

Armenian organized crime rings charged with stealing $83 million in Amazon cargo

The group allegedly posed as legitimate truck drivers, then siphoned off goods destined for Amazon warehouses to sell for a profit or gift to other associates.

Published on: May 21, 2025 | Source: CNBC International favicon CNBC International

Sergey Brin points to where Google Glasses failed — and what Android XR gets right

Google co-founder Sergey Brin on Tuesday said he's learned from his "mistakes" since the failed Google Glass launch in 2013.

Published on: May 21, 2025 | Source: CNBC International favicon CNBC International

Xpeng shares rise, adding to 66% rally after the Chinese EV maker's losses narrowed

Xpeng said it expects to deliver between 102,000 and 108,000 of its electric cars in the second quarter of this year.

Published on: May 21, 2025 | Source: CNBC International favicon CNBC International

M&S cyberattack to wipe out nearly one-third of annual profits

A "highly sophisticated" cyberattack that left M&S food shelves bare and brought online sales to a standstill is set to wipe out almost one-third of the British retailer's annual profits.

Published on: May 21, 2025 | Source: CNBC International favicon CNBC International

UK inflation surges to 3.5% in April as household bills spike

The U.K.'s annual inflation rate hit 3.5% in April, coming in above analyst expectations, according to data released by the Office for National Statistics.

Published on: May 21, 2025 | Source: CNBC International favicon CNBC International

CNBC's The China Connection newsletter: A fragile truce as tempers flare

Just a week after a breakthrough in U.S.-China trade tensions, neither side can yet be confident that the other is holding up their end of the bargain.

Published on: May 21, 2025 | Source: CNBC International favicon CNBC International

Trade tariffs bite: Japan's exports to the U.S. shrink for the first time this year

The country is among the hardest-hit by Trump's 25% tariffs on auto imports, that came into effect on April 3.

Published on: May 21, 2025 | Source: CNBC International favicon CNBC International

'Fail fast, learn fast': She built a property startup from her garage. It's raised over $75 million

"Entrepreneurship is really hard. There's no instant success ... You just have to be ready to fail," says Dayu Dara Permata, co-founder and CEO of Pinhome.

Published on: May 21, 2025 | Source: CNBC International favicon CNBC International

Japan exports growth slows for a second straight month as U.S. tariffs bite

The country is among the hardest-hit by Trump's imposition of 25% tariffs on auto imports, effective April 3.

Published on: May 21, 2025 | Source: CNBC International favicon CNBC International

Chinese firms look for alternatives to the U.S. market as trade war worries dwarf deal hopes

The blistering trade war has left lasting scars on Chinese exporters with many diversifying away from the U.S., despite the tariff reprieve.

Published on: May 20, 2025 | Source: CNBC International favicon CNBC International

Fortnite approved by Apple, returns to U.S. App Store 5 years after removal

Fortnite was kicked off the App Store in 2020 and is finally available again for iPhone users.

Published on: May 20, 2025 | Source: CNBC International favicon CNBC International