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UK closes in on US trade pact with lower tariff quotas for cars and steel

London to offer concessions on digital services tax in deal that could be agreed this week

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump says US will stop bombing Houthis in Yemen

US says rebel group has agreed to halt its attacks on regional shipping in the Red Sea

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World

The Fed meets with uncertainty permeating the air. Here's what to expect

Central bank policymakers can do little for now except sit and wait as events unfold.

Published on: May 06, 2025 | Source: CNBC International favicon CNBC International

Buy the dip: the trend that keeps stocks from crashing

Retail investors now play a useful role at times of panic

Published on: May 06, 2025 | Source: Economist - Finance favicon Economist - Finance

Chancellor on pause: Bundestag stings Merz on day one

First failed vote highlights Germany’s new head of government has a thin majority to deliver an ambitious programme

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World

Germany's Merz elected chancellor in second parliamentary vote after unexpected setback

Friedrich Merz was elected as Germany's chancellor in a second-round parliamentary vote on Tuesday, after failing to secure enough support earlier in the day.

Published on: May 06, 2025 | Source: CNBC International favicon CNBC International

Skechers and 3G show public stock markets a clean pair of heels

The sneaker maker’s low debt and high ratio of sales outside the US made it an attractive takeover target

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World

Friedrich Merz wins second vote to become Germany’s chancellor

Initial failure marks a first in country’s postwar history and reveals fragility of his support

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World

Czech court halts $18bn nuclear reactor deal after rival complaint

France’s EDF successfully halts Prague’s purchase of two South Korean-made units

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World

The west’s shameful silence on Gaza

The US and European allies should do more to restrain Benjamin Netanyahu

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World

Brussels seeks to force EU companies to disclose Russian gas contracts

European Commission will propose rules next month requiring contract details to be shared with energy and security authorities

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World

SNP pledges NHS improvements ahead of Scottish elections

First minister sets out legislative programme early to allow full year of reform before Holyrood poll

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World

The old global economic order is dead

China and others must think afresh as the US steps away from its role as balancer of last resort

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World

Aid agencies attack β€˜half-baked’ Israeli plan to control food in Gaza

Country has briefed diplomats and humanitarian officials on proposal to funnel supplies through little-known foundation

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World

EU’s Russia sanctions to target companies in Vietnam and Turkey

Bloc’s latest package of measures targets more than 20 businesses it accuses of helping Moscow evade restrictions

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World

Royal Navy chief Ben Key steps down

Change of top brass comes ahead of UK government’s strategic defence review

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World

UK and India strike a trade deal amid U.S.-led tariff tensions

The deal will see India gradually lower import taxes, with the vast majority of goods traded becoming "fully tariff-free within a decade."

Published on: May 06, 2025 | Source: CNBC International favicon CNBC International

Paul Tudor Jones says stock market will hit new lows even if Trump cuts China tariffs to 50%

The widely followed investor believes stocks haven't found a bottom as macroeconomic conditions continue to deteriorate.

Published on: May 06, 2025 | Source: CNBC International favicon CNBC International

Luxury carmaker Ferrari warns of U.S. tariff risks after 17% jump in first-quarter profit

Luxury carmaker Ferrari on Tuesday reported a significant upswing in first-quarter profit, citing robust demand for personalized vehicles.

Published on: May 06, 2025 | Source: CNBC International favicon CNBC International

Israel β€˜disables’ Yemen’s main airport with air strikes

Attacks come in retaliation after Houthi missile hits Ben Gurion airport on Sunday

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World

Taiwan dollar eases after historic surge as officials deny currency talks with U.S.

Investors are watching closely central bank actions after chatter that the authorities were tolerating a stronger currency to win concessions from the U.S.

Published on: May 06, 2025 | Source: CNBC International favicon CNBC International

DoorDash strikes Β£2.9bn deal for Deliveroo

UK food delivery company had been struggling since going public four years ago

Published on: May 06, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump trade tariffs slump widens to 'nearly all U.S. exports,' supply chain data shows

U.S. exports are dropping at nearly all ports, while importers face a June deadline to bring trade into the country to avoid empty store shelves.

Published on: May 06, 2025 | Source: CNBC International favicon CNBC International

Ford suspends 2025 guidance amid $2.5 billion tariff impact

Ford Motor beat Wall Street's first-quarter expectations, but suspendedits 2025 financial guidance amid an expected $2.5 billion impact this year from tariffs.

Published on: May 06, 2025 | Source: CNBC International favicon CNBC International

Hugo Boss warns U.S. tariffs, immigration uncertainty dampening domestic and tourist spend

Hugo Boss on Tuesday pointed to deteriorating U.S. consumer confidence, with uncertainty around tariffs and immigration policy dampening both domestic and tourist spend in its largest single market.

Published on: May 06, 2025 | Source: CNBC International favicon CNBC International

U.S. retailers scramble to secure China-made Christmas merchandise as tariff uncertainty persists

As Chinese factories and their U.S. buyers try to navigate tariff uncertainty, there's a concern about whether products will arrive in time for Christmas.

Published on: May 06, 2025 | Source: CNBC International favicon CNBC International

DoorDash to buy British food delivery firm Deliveroo for $3.9 billion in overseas push

British food delivery firm Deliveroo on Tuesday said it has agreed to a takeover offer from American rival DoorDash that values the company at 2.9 billion.

Published on: May 06, 2025 | Source: CNBC International favicon CNBC International

Temu and Shein face massive tariffs. But don't count them out of the U.S. e-tail scene, experts say

Despite Temu and Shein facing Trump's high China tariffs, e-commerce experts say they are still capable of competing with rivals in the U.S.

Published on: May 06, 2025 | Source: CNBC International favicon CNBC International

CNBC Daily Open: The Trump movie thriller no one wants to watch

Out of all the tariff actions U.S. President Donald Trump has announced, the 100% levy on movies produced outside the U.S. ranks as one of the most bizarre.

Published on: May 06, 2025 | Source: CNBC International favicon CNBC International

CNBC Daily Open: A tariff on movies is a typical Trump cliffhanger

Out of all the tariff actions U.S. President Donald Trump has announced, the 100% levy on movies produced outside the U.S. ranks as one of the most bizarre.

Published on: May 06, 2025 | Source: CNBC International favicon CNBC International

Credit Suisse to pay $511 million for helping U.S. taxpayers hide over $4 billion overseas

"Credit Suisse AG committed new crimes and breached its May 2014 plea agreement," the DOJ said in announcing the penalty with the UBS subsidiary.

Published on: May 06, 2025 | Source: CNBC International favicon CNBC International

Trump to block Harvard from federal grants

Elite US university in the president’s crosshairs for alleged leftwing bias

Published on: May 05, 2025 | Source: Financial Times - World favicon Financial Times - World

No quick fix for trade rift between China and US

A deal could lower tariffs’ current prohibitive levels but they will still probably be meaningfully higher than at the start of the year

Published on: May 05, 2025 | Source: Financial Times - World favicon Financial Times - World

Here are the SpaceX employees who were elected to run Musk's new company town of Starbase, Texas

Elon Musk's SpaceX prevailed in an election over the weekend to turn Starbase into a city that's now led by employees.

Published on: May 05, 2025 | Source: CNBC International favicon CNBC International

US oil output has peaked amid price fall, top shale producer warns

Crude fell to four-year lows on Monday on Opec supply increases and fear that tariffs will hurt demand

Published on: May 05, 2025 | Source: Financial Times - World favicon Financial Times - World