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US and EU break impasse to enable tariff talks

Brussels and Washington exchange negotiating documents after weeks of deadlock

Published on: May 16, 2025 | Source: Financial Times - World favicon Financial Times - World

Boeing could avoid US justice department prosecution over 737 Max crashes

Attorneys for families of victims of two fatal crashes express outrage over potential DoJ deal with the plane maker

Published on: May 16, 2025 | Source: Financial Times - World favicon Financial Times - World

Thames Water on collision course with government over bonuses

Utility claims new legislation to block bonuses will not capture β€˜retention payments’

Published on: May 16, 2025 | Source: Financial Times - World favicon Financial Times - World

Flatter or confront? How world leaders are dealing with Trump

Four months after Donald Trump returned to the White House, governments are still agonising over how to approach an erratic, unpredictable American president

Published on: May 16, 2025 | Source: Financial Times - World favicon Financial Times - World

Nvidia says it is not sending GPU designs to China after reports of new Shanghai operation

Nvidia said it is not sending GPU designs to China following report of new Shanghai center in light of recent U.S. export curbs.

Published on: May 16, 2025 | Source: CNBC International favicon CNBC International

London council acted β€˜irrationally’ over approval of summer festivals, High Court rules

Ruling raises questions about programme of events set to start next week in Brockwell Park

Published on: May 16, 2025 | Source: Financial Times - World favicon Financial Times - World

Federal Reserve to slash staff by 10% over several years

Chair Jay Powell says US central bank is seeking to ensure it is a β€˜responsible steward of public resources’

Published on: May 16, 2025 | Source: Financial Times - World favicon Financial Times - World

Crown Estate to buy stake in long-delayed Euston station development

Deal with Australian developer Lendlease is part of joint venture for six projects expected to be worth 22bn

Published on: May 16, 2025 | Source: Financial Times - World favicon Financial Times - World

Starmer sees Farage as β€˜real opponent’ in new political landscape

UK prime minister has told allies that the Tories are heading for the β€˜end of the road’

Published on: May 16, 2025 | Source: Financial Times - World favicon Financial Times - World

Anthropic closes $2.5 billion credit facility as Wall Street continues plunging money into AI boom

Anthropic, founded by former OpenAI research executives, launched its Claude chatbot in March 2023.

Published on: May 16, 2025 | Source: CNBC International favicon CNBC International

Israel launches new round of strikes against Houthis in Yemen

Bombing of two ports comes after rebels repeatedly fired missiles into Israel despite truce with US

Published on: May 16, 2025 | Source: Financial Times - World favicon Financial Times - World

Novogratz's Galaxy Digital opens trading on the Nasdaq at $23.50 per share

Mike Novogratz’s crypto firm Galaxy Digital began trading on the Nasdaq, completing a four-year effort to secure a U.S. listing despite regulatory hurdles.

Published on: May 16, 2025 | Source: CNBC International favicon CNBC International

China suspends chicken imports from Brazil due to detection of bird flu

South American nation had been the last big producer not affected by the outbreak

Published on: May 16, 2025 | Source: Financial Times - World favicon Financial Times - World

Ofwat’s new water plan stores up a reservoir of trouble

Luring new backers into the sector has its attractions, but risks fragmenting the system further

Published on: May 16, 2025 | Source: Financial Times - World favicon Financial Times - World

Consumer sentiment slides to second-lowest on record as inflation expectations jump after tariffs

Year-ahead inflation expectations rose to 7.3% from 6.5% last month, according to a University of Michigan survey.

Published on: May 16, 2025 | Source: CNBC International favicon CNBC International

Jumbo diplomatic gifting

An age-old instrument of statecraft is being updated for the billionaire era

Published on: May 16, 2025 | Source: Financial Times - World favicon Financial Times - World

Apple blocks Fortnite App Store resubmission after court ruling, Epic Games says

Fortnite is now unavailable on iOS globally, Epic Games said Friday, after Apple blocked a bid to reinstate the popular game on the App Store in the U.S.

Published on: May 16, 2025 | Source: CNBC International favicon CNBC International

Doctors will not be forced to take part in assisted dying, MPs decide

Critics warn the bill does not contain sufficient safeguards to protect terminally ill against coercion

Published on: May 16, 2025 | Source: Financial Times - World favicon Financial Times - World

Man remanded in custody over attacks on property linked to Starmer

Roman Lavrynovych has been charged with three counts of arson

Published on: May 16, 2025 | Source: Financial Times - World favicon Financial Times - World

Fishing industry urges Starmer to β€˜hold nerve’ in UK-EU pact talks

EU negotiators say Britain must agree to a long-term fisheries deal

Published on: May 16, 2025 | Source: Financial Times - World favicon Financial Times - World

What Democrats can learn from Trump’s approach to the Middle East

The willingness to challenge received wisdom can yield results without political costs

Published on: May 16, 2025 | Source: Financial Times - World favicon Financial Times - World

US consumer sentiment sinks to second-lowest level on record

Drop comes as jolt of enthusiasm among Republicans in wake of Donald Trump’s election wanes

Published on: May 16, 2025 | Source: Financial Times - World favicon Financial Times - World

Shares of Cartier owner Richemont jump 7% as shoppers splurge on jewelry despite luxury slowdown

Cartier ownerRichemonton Friday posted better-than-expected quarterly sales as the wealthiest spenders continued to shrug off global economic uncertainty.

Published on: May 16, 2025 | Source: CNBC International favicon CNBC International

Novo Nordisk ousts CEO as Wegovy maker faces growing competition

The Danish pharmaceutical giant said Fruergaard JΓΈrgensen would remain in his post "for a period to support a smooth transition to new leadership."

Published on: May 16, 2025 | Source: CNBC International favicon CNBC International

Ukraine and Russia fail to achieve breakthrough in first peace talks for 3 years

Talks in Istanbul end with deal to swap 2,000 prisoners of war but Moscow refuses to back lasting ceasefire

Published on: May 16, 2025 | Source: Financial Times - World favicon Financial Times - World

New York commuters hit by NJ Transit rail strike

Drivers stop work, causing disruption for more than 350,00 daily passengers

Published on: May 16, 2025 | Source: Financial Times - World favicon Financial Times - World

Microsoft seeks to placate EU with pledges to unbundle Teams, Office

Microsoft offered to unbundle its Office 365 and Microsoft 365 software suites from its Teams workplace communication app to address competition concerns from European regulators.

Published on: May 16, 2025 | Source: CNBC International favicon CNBC International

U.S., UAE agree on path for Emirates to buy top American AI chips, Trump says

The U.S. and United Arab Emirates are working on a path to allow Abu Dhabi to purchase some of the most advanced American-made chips.

Published on: May 16, 2025 | Source: CNBC International favicon CNBC International

China calls U.S. trade talks 'good' but quiet on next steps, as Trump hints at Xi call

Trump has touted earlier this week that he might speak to Chinese leader Xi at the end of this week, while Beijing appeared tight-lipped on that prospect.

Published on: May 16, 2025 | Source: CNBC International favicon CNBC International

TikTok to launch meditation feature in face of lawsuits and criticism over the app's effects on children

TikTok is launching in-app guided meditation and other well-being features aimed at young users, amid concerns about the platforms impacts on mental health.

Published on: May 16, 2025 | Source: CNBC International favicon CNBC International

Big Chinese companies like Alibaba show that AI-powered ads are giving shopping a boost

Alibaba, Tencent and JD.com reported earnings that showed better Chinese consumer spending β€” and the growing benefits of artificial intelligence in advertising.

Published on: May 16, 2025 | Source: CNBC International favicon CNBC International

Alibaba shares drop more than 7% on big profit miss

Alibaba shares fell on Thursday after the Chinese e-commerce giant missed earnings expectations for its fiscal fourth quarter on both the top and bottom line.

Published on: May 16, 2025 | Source: CNBC International favicon CNBC International

China keeps hold on rare earth metals after lifting some U.S. export curbs

China's lifting of export controls on 28 U.S. firms was part of a preliminary 90-day tariff pause.

Published on: May 16, 2025 | Source: CNBC International favicon CNBC International

Japan's economy contracts by a more than expected 0.2% from prior three months

On an annualized basis, Japan's GDP contracted 0.7% in the first quarter, also more than the 0.2% fall expected by the Reuters poll.

Published on: May 16, 2025 | Source: CNBC International favicon CNBC International

Asia-Pacific Innovative Lawyers

Tensions, tariffs and global trade are shaping lawyers’ work in the region, from AI to energy projects. Plus: the FT’s top 25 law firms; best-practice case studies; and a spotlight on China

Published on: May 16, 2025 | Source: Financial Times - World favicon Financial Times - World