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White House releases U.S.-Indonesia trade deal framework, final talks underway

The newly announced 19% tariff on Indonesian goods is lower than the 32% rate it had faced under President Donald Trump's previous "liberation day" plans.

Published on: July 22, 2025 | Source: CNBC International favicon CNBC International

UniCredit withdraws offer for rival BPM after opposition from Meloni’s government

Italian lender says it was unable to meet conditions imposed by Rome that have been criticised by Brussels

Published on: July 22, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump met with Amazon's Jeff Bezos at the White House last week, sources say

A Gulfstream G700 private jet linked to Bezos landed in Dulles, Virginia, outside Washington, on July 14 before taking off the next day.

Published on: July 22, 2025 | Source: CNBC International favicon CNBC International

Archegos founder Bill Hwang to remain free while he challenges conviction

The 61-year-old former trader will not have to go to prison until months after his appeal is concluded, judge says

Published on: July 22, 2025 | Source: Financial Times - World favicon Financial Times - World

FirstFT: China pushes to expand influence at the UN as US pulls back

Also in today’s newsletter, Microsoft accuses Chinese hackers of software breach, and BYD calls UK EV subsidies β€˜stupid’

Published on: July 22, 2025 | Source: Financial Times - World favicon Financial Times - World

Zelenskyy moves against Ukraine’s independent anti-corruption bodies

President signed legislation to tighten executive control after moves targeting anti-graft campaigners

Published on: July 22, 2025 | Source: Financial Times - World favicon Financial Times - World

AI startups raised $104 billion in first half of year, but exits tell a different story

AI accounted for nearly two-thirds of all fundraising deal value in the first half of 2025, with the bulk of those dollars concentrated in a few companies.

Published on: July 22, 2025 | Source: CNBC International favicon CNBC International

Microsoft accuses Chinese hackers of exploiting SharePoint software

Security breach used to hit US federal and state agencies, universities and energy companies

Published on: July 22, 2025 | Source: Financial Times - World favicon Financial Times - World

Lockheed Martin profits plunge almost 80% as it takes $1.6bn in charges

US defence group’s shares fall nearly 11% as it slashes earnings outlook

Published on: July 22, 2025 | Source: Financial Times - World favicon Financial Times - World

Amazon to buy AI company Bee that makes wearable listening device

Amazon has launched a flurry of AI products and services, and it recently overhauled its Alexa voice assistant with the technology.

Published on: July 22, 2025 | Source: CNBC International favicon CNBC International

Trump China tariff deadline likely to be extended, Bessent says

Treasury Secretary Scott Bessent said he will meet next week with Chinese trade negotiators in Stockholm for discussions on avoiding steep tariffs.

Published on: July 22, 2025 | Source: CNBC International favicon CNBC International

El-Erian breaks ranks with Wall Street, says Powell should resign to preserve Fed independence

El-Erian, president of Queens' College at Cambridge University, said he was aware that his view did not align with the Wall Street consensus.

Published on: July 22, 2025 | Source: CNBC International favicon CNBC International

Trump official vows Doge-inspired squeeze on government contractors

Josh Gruenbaum aims to create β€˜market tension’ for tech groups and consultancies despite complaints from companies

Published on: July 22, 2025 | Source: Financial Times - World favicon Financial Times - World

Wall Street is upbeat on tech megacaps, but big questions loom on AI spending, China, Trump tariffs

Tech earnings season kicks off on Wednesday after market close with results from Alphabet and Tesla.

Published on: July 22, 2025 | Source: CNBC International favicon CNBC International

Nokia blames fall in profit outlook on Trump tariffs and weaker dollar

Cut in guidance by Finnish telecoms equipment maker highlights how European groups are being hurt by US policy

Published on: July 22, 2025 | Source: Financial Times - World favicon Financial Times - World

How Britain enticed investors to back its costly new nuclear plant

Taxpayers will bear most of the cost and risk, while most of the funding is in the form of government loans

Published on: July 22, 2025 | Source: Financial Times - World favicon Financial Times - World

The Ukraine war will shape the world

We must not repeat the mistakes of the appeasers in the 1930s

Published on: July 22, 2025 | Source: Financial Times - World favicon Financial Times - World

Ireland to spend big budget surplus on infrastructure

Government to put 212bn towards housing, water provision and public transport over next decade

Published on: July 22, 2025 | Source: Financial Times - World favicon Financial Times - World

Older UK musicians set for windfall after record labels back pay plans

Proposals aim to boost streaming earnings for some of the most disadvantaged in industry

Published on: July 22, 2025 | Source: Financial Times - World favicon Financial Times - World

EU to investigate Universal’s $775mn acquisition of Downtown Music

Independent labels say the proposed transaction will harm competition

Published on: July 22, 2025 | Source: Financial Times - World favicon Financial Times - World

Rachel Reeves defends retreat over planning bill as tactical move to speed up reforms

UK chancellor says she cares more about supporting families on the housing ladder than β€˜protecting snails’

Published on: July 22, 2025 | Source: Financial Times - World favicon Financial Times - World

Mike Johnson shuts US House early to avoid Epstein vote

Top Republican seeks to quell Democratic scrutiny of Donald Trump’s links to paedophile financier

Published on: July 22, 2025 | Source: Financial Times - World favicon Financial Times - World

Farewell Ofwat β€” it’s time UK water had a fresh start

Enticing new investment into the sector will require carrots, not just sticks

Published on: July 22, 2025 | Source: Financial Times - World favicon Financial Times - World

UK borrowing rises more than expected in June to Β£20.7bn

Monthly figures come amid growing expectations of tax increases in Autumn Budget

Published on: July 22, 2025 | Source: Financial Times - World favicon Financial Times - World

The EU should get tough with Trump on trade

Brussels needs to be ready to unleash its anti-coercion armoury

Published on: July 22, 2025 | Source: Financial Times - World favicon Financial Times - World

Microsoft poaches top Google DeepMind staff in AI talent war

US tech giant recruits more than 20 people from rival in push to gain edge in the fast-developing technology

Published on: July 22, 2025 | Source: Financial Times - World favicon Financial Times - World

Lead Birmingham council troubleshooter resigns abruptly

Commissioner Max Caller had been leading British city’s bankrupt local authority since 2023

Published on: July 22, 2025 | Source: Financial Times - World favicon Financial Times - World

Microsoft says Chinese hacking groups exploited SharePoint vulnerability in attacks

Two Chinese nation-state actors and one China-based threat actor have tried to exploit the vulnerability for weeks, Microsoft said.

Published on: July 22, 2025 | Source: CNBC International favicon CNBC International

Want higher pay? Don’t change jobs

America’s cooling labour market is bad news for those who move about

Published on: July 22, 2025 | Source: Economist - Finance favicon Economist - Finance

Want higher pay? Stay in your job

America’s cooling labour market is bad news for those who move about

Published on: July 22, 2025 | Source: Economist - Finance favicon Economist - Finance

How Europe's 'trade bazooka' could be a last resort against Trump's tariffs

Brussels appears to be preparing to deploy its "Anti-Coercion Instrument" to try to deter looming 30% trade tariffs on its exports to the U.S.

Published on: July 22, 2025 | Source: CNBC International favicon CNBC International

Clout wars: Jensen Huang eclipses Elon Musk and Tim Cook in Washington

Jensen Huang has established himself as America's most influential tech leader, assuming a role once occupied by Apple's Tim Cook, many tech experts say.

Published on: July 22, 2025 | Source: CNBC International favicon CNBC International

China's affluent are as pessimistic about the economy as they were during the Covid-19 pandemic

A study of affluent Chinese by Oliver Wyman found 22% of respondents were negative about the economy when surveyed in May, just above the 21% in October 2022.

Published on: July 22, 2025 | Source: CNBC International favicon CNBC International

U.S. plays hardball on tariffs deadline as EU battles for a deal

The U.S. is keeping up the pressure on the Aug. 1 deadline for higher tariffs for the EU.

Published on: July 22, 2025 | Source: CNBC International favicon CNBC International

AstraZeneca to invest $50 billion in the U.S. as pharma tariffs weigh

AstraZeneca said the "cornerstone" of the commitment would be a new weight management production facility for its oral GLP-1 drug.

Published on: July 22, 2025 | Source: CNBC International favicon CNBC International