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Annual inflation rate hit 2.3% in April, less than expected and lowest since 2021

The consumer price index was expected to increase 0.2% in April for a 2.4% annual inflation rate.

Published on: May 13, 2025 | Source: CNBC International favicon CNBC International

Why the MAGA economy is thriving

The world’s largest market is becoming two

Published on: May 13, 2025 | Source: Economist - Finance favicon Economist - Finance

Scottish parliament passes first stage of assisted dying bill

Amendments will now be considered by Holyrood health committee before a final vote by MSPs

Published on: May 13, 2025 | Source: Financial Times - World favicon Financial Times - World

US sanctions companies alleged to be shipping Iranian oil to China

Measures come as Donald Trump offers olive branch to regime in Tehran

Published on: May 13, 2025 | Source: Financial Times - World favicon Financial Times - World

US targets Britain’s pork, poultry and seafood markets

Agricultural sectors are β€˜front of the line’ in ongoing trade talks, says Trump’s agriculture secretary

Published on: May 13, 2025 | Source: Financial Times - World favicon Financial Times - World

US inflation falls to 2.3% in April as tariff effect looms

Economists caution that much of the impact of Trump’s levies is yet to be felt

Published on: May 13, 2025 | Source: Financial Times - World favicon Financial Times - World

Volkswagen finance chief warns historic restructuring is not enough

Arno Antlitz tells FT car summit of the risks of complacency after reforms deliver β€˜the first results’

Published on: May 13, 2025 | Source: Financial Times - World favicon Financial Times - World

Photos: Tech CEOs mingle with Trump and Saudi Crown Prince at investment forum in Riyadh

President Donald Trump met with Saudi Crown Prince Mohammed bin Salman as several deals were announced between the two countries.

Published on: May 13, 2025 | Source: CNBC International favicon CNBC International

UnitedHealth shares plunge further as chief Andrew Witty steps down

US healthcare group brings back former boss Stephen Hemsley

Published on: May 13, 2025 | Source: Financial Times - World favicon Financial Times - World

UK counterterror police arrest man on suspicion of arson after Starmer fires

Metropolitan Police try to reassure MPs after three potentially related fires on property linked to PM

Published on: May 13, 2025 | Source: Financial Times - World favicon Financial Times - World

Kim Kardashian testifies about trauma of being robbed in Paris

US celebrity recalls 2016 burglary in which she was tied up and held at gunpoint while thieves stole 9mn worth of jewellery

Published on: May 13, 2025 | Source: Financial Times - World favicon Financial Times - World

Thames Water executives to receive bonuses from Β£3bn emergency loan

Utility’s chair tells MPs that retention payments are needed to prevent rivals β€˜picking off’ staff

Published on: May 13, 2025 | Source: Financial Times - World favicon Financial Times - World

Keir Starmer’s tough talk on immigration

To reduce inflows of foreign workers, Labour must address the shortages that drove them

Published on: May 13, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump administration terminates a further $450mn in grants to Harvard

Government had already cut $2.2bn in funding to university and US president threatened to scrap its tax-exempt status

Published on: May 13, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump tariffs face major legal hurdle as federal trade court hears challenge

Trump has long praised tariffs as a key tool for negotiating with other countries and collecting federal revenue.

Published on: May 13, 2025 | Source: CNBC International favicon CNBC International

U.S.-China trade war pushed global supply chain near breaking point, new data shows

Global supply chain and manufacturing anxiety was near a breaking point, new data indicates, ahead of the U.S.-China trade war de-escalation.

Published on: May 13, 2025 | Source: CNBC International favicon CNBC International

Dubai government to accept crypto payments through Crypto.com partnership

The partnership will help achieve the "Dubai Cashless Strategy," which seeks to solidify Dubai's status as a leading digital city.

Published on: May 13, 2025 | Source: CNBC International favicon CNBC International

German reinsurers took a $1.9 billion profit hit from LA wildfires in first quarter

The wildfires, which devastated Los Angeles in January, led to claims worth almost $1.9 billion for two of the world’s biggest reinsurers.

Published on: May 13, 2025 | Source: CNBC International favicon CNBC International

Honda Motor reports 76% plunge in operating profit in huge earnings miss

Revenue for the full financial year rose 6.2%, but operating profit fell 12.2% and missed expectations.

Published on: May 13, 2025 | Source: CNBC International favicon CNBC International

EU prepares new sanctions targeting Russia's shadow fleet despite proposed Zelenskyy-Putin talks

The EU is preparing new sanctions on Russia despite a potential meeting between Vladimir Putin and Volodymyr Zelenskyy on Thursday, three sources told CNBC.

Published on: May 13, 2025 | Source: CNBC International favicon CNBC International

'The Germans are back:' Business leaders tell government it's time to deliver

At the Tegernsee summit, business leaders urged Germany's new government to turn campaign promises into reality.

Published on: May 13, 2025 | Source: CNBC International favicon CNBC International

India's inflation rate slows to 3.16% in April, marking six straight months of decline

India's headline inflation eased to 3.16% in April, the sixth consecutive month of decline.

Published on: May 13, 2025 | Source: CNBC International favicon CNBC International

Fintechs that raked in profits from high interest rates now face resilience test

Fintechs like Revolut and Monzo got a revenue boost from higher interest rates. Now, they face a key test as rates decline.

Published on: May 13, 2025 | Source: CNBC International favicon CNBC International

SoftBank Vision Funds swing to annual loss as investment gains slow by 40%

Softbank's Vision Fund business posted a loss in the fiscal year ended March as it posted slowing gains at its massive tech investment arm.

Published on: May 13, 2025 | Source: CNBC International favicon CNBC International

New Delhi remains focused on economy despite tensions with Pakistan: India ambassador to Singapore

Airports are open, and it is safe to travel in India, he added.

Published on: May 13, 2025 | Source: CNBC International favicon CNBC International

U.S.-China tariff reprieve is enough to get products on the shelves in time for Christmas

Nearly a fifth of U.S. retail sales last year came from Christmas shopping, according to CNBC calculations based on data from the National Retail Federation.

Published on: May 13, 2025 | Source: CNBC International favicon CNBC International

Proxy adviser ISS backs Elliott in fight against Phillips 66

Resounding endorsement gives hedge fund a leg-up in campaign to overhaul refiner’s board

Published on: May 13, 2025 | Source: Financial Times - World favicon Financial Times - World

Samsung launches thin S25 Edge as Apple reportedly prepares the iPhone 'Air'

Samsung launched the Galaxy S25 Edge, a device that is just 5.8 millimeters thin and weighs 163 grams. The device starts at $1,099.

Published on: May 13, 2025 | Source: CNBC International favicon CNBC International

Republicans present plans to gut US support for clean energy

Congressional committee publishes draft law scrapping subsidies for renewables and electric vehicles

Published on: May 12, 2025 | Source: Financial Times - World favicon Financial Times - World

UK unveils β€˜backstop’ plan to force pension funds to invest in private assets

Chancellor Rachel Reeves threatens to mandate retirement schemes if they fall short of voluntary targets

Published on: May 12, 2025 | Source: Financial Times - World favicon Financial Times - World

UK is not β€˜a charity’, aid minister will tell MPs as she considers cuts

Development reductions include possible axing of support for education and gender programmes

Published on: May 12, 2025 | Source: Financial Times - World favicon Financial Times - World

Spring sunshine and late Easter boost UK consumer spending

Retail sales increase at an annual rate of 7 per cent in April despite uncertainty over US tariffs

Published on: May 12, 2025 | Source: Financial Times - World favicon Financial Times - World

Terror police probe possible link between Starmer home fire and other blazes

Metropolitan Police investigating three incidents in north London

Published on: May 12, 2025 | Source: Financial Times - World favicon Financial Times - World

London’s transport network disrupted by power outage

Thousands of passengers affected as several train lines were delayed or suspended on Monday afternoon

Published on: May 12, 2025 | Source: Financial Times - World favicon Financial Times - World

China sees the U.S. trade deal as a huge win for Beijing

The sky-high tariffs imposed by President Donald Trump on imports from China have largely been rolled back temporarily under the trade agreement.

Published on: May 12, 2025 | Source: CNBC International favicon CNBC International