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Nigel Farageโ€™s Reform UK hammers Tories and Labour in local election rout

Big two parties lose ground while rightwing rival surges in council and mayoral polls

Published on: May 02, 2025 | Source: Financial Times - World favicon Financial Times - World

US lawmakers urge SEC to delist Alibaba and Chinese companies

Heads of congressional panels say Baidu, JD.com and others have military links that pose โ€˜unacceptable riskโ€™ to investors

Published on: May 02, 2025 | Source: Financial Times - World favicon Financial Times - World

Temu halts shipping direct from China as de minimis tariff loophole is cut off

Earlier this week, Temu increased prices and added "import charges" ranging from 130% to 150% on products shipped direct from China.

Published on: May 02, 2025 | Source: CNBC International favicon CNBC International

Block plunges 20% as Cash App miss triggers downgrades

Analysts flagged fresh concerns around stagnant Cash App user growth, muted consumer demand and a soft macro environment that may weigh on monetization.

Published on: May 02, 2025 | Source: CNBC International favicon CNBC International

'Large number of foreign investors' skittish about investing in America, longtime investor Rebecca Patterson warns

How a shift away from U.S. markets could affect your portfolio.

Published on: May 02, 2025 | Source: CNBC International favicon CNBC International

Netflix stock is trading at all-time-high levels in unprecedented win streak

Netflix's stock has traded for 11 straight days without a decline, the company's longest positive run ever.

Published on: May 02, 2025 | Source: CNBC International favicon CNBC International

US stocks wipe out steep losses that followed Trumpโ€™s โ€˜liberation dayโ€™

Rally in Wall Streetโ€™s S&P 500 share index comes after labour data shows 177,000 jobs were added in April

Published on: May 02, 2025 | Source: Financial Times - World favicon Financial Times - World

Dubai draws Swiss family offices tired of tax and regulation

A confluence of factors from disclosure requirements to a potential 50 per cent wealth tax is weighing on the country

Published on: May 02, 2025 | Source: Financial Times - World favicon Financial Times - World

UK military prevented from flying drones over soldiersโ€™ heads

Overly cautious regulations and data protection guidelines are curtailing exercises, MPs warn

Published on: May 02, 2025 | Source: Financial Times - World favicon Financial Times - World

Footwear giants Nike, Adidas and others ask Trump for tariff exemption

Nike, Adidas and Skechers co-signed a footwear industry letter to President Donald Trump this week asking him to exempt shoes from his broad tariffs.

Published on: May 02, 2025 | Source: CNBC International favicon CNBC International

Trump aims to cut $6 billion from NASA budget, shifting $1 billion to Mars-focused missions

The Trump administration is floating a plan to trim about $6 billion from the budget of NASA while emphasizing the importance of going to Mars.

Published on: May 02, 2025 | Source: CNBC International favicon CNBC International

Trump calls for $163bn in cuts to โ€˜wokeโ€™ and โ€˜wastefulโ€™ federal spending

Budget blueprint proposes slashing environmental and aid programmes, while boosting support for defence

Published on: May 02, 2025 | Source: Financial Times - World favicon Financial Times - World

Jeff Bezos discloses plan to sell up to $4.8 billion in Amazon stock

Bezos' disclosure of stock sales comes a day after Amazon's first-quarter earnings report showed the company is bracing for tariff-related uncertainty.

Published on: May 02, 2025 | Source: CNBC International favicon CNBC International

Google advertising antitrust remedies trial set for Sept. 22, judge says

The U.S. government's remedies trial in the Google antitrust case regarding its ad- tech is scheduled to begin on Sept. 22.

Published on: May 02, 2025 | Source: CNBC International favicon CNBC International

US to demand Google break up its online advertising business

Justice department asks judge to force Alphabet to sell its ad exchange and publisher server tech after trial victory

Published on: May 02, 2025 | Source: Financial Times - World favicon Financial Times - World

Local elections special: end of the two-party duopoly?

Plus: Kemi Badenochโ€™s rocky road ahead

Published on: May 02, 2025 | Source: Financial Times - World favicon Financial Times - World

German intelligence agency labels AfD as rightwing extremist

Classification reignites debate about banning party that โ€˜devalues entire population groupsโ€™

Published on: May 02, 2025 | Source: Financial Times - World favicon Financial Times - World

Europeโ€™s first grid crisis may not be its last

Spainโ€™s blackout serves as a reminder of the fragility of power systems in the age of green energy

Published on: May 02, 2025 | Source: Financial Times - World favicon Financial Times - World

Uh-oh, the Taiwanese dollar is having a mad one

Asset-liability mismatches FTW

Published on: May 02, 2025 | Source: Financial Times - World favicon Financial Times - World

Chevron and Exxon profits drop as Trump trade war hits oil

Industry contends with weakening demand as US presidentโ€™s tariffs threaten economic outlook

Published on: May 02, 2025 | Source: Financial Times - World favicon Financial Times - World

More than 4,500 people a year would use โ€˜assisted dyingโ€™, official estimates show

Whitehall assessment finds controversial measure could save NHS up to 60mn a year

Published on: May 02, 2025 | Source: Financial Times - World favicon Financial Times - World

Farage claims transformation of British politics as Reform makes major gains

Widespread local election wins raise prospect of populist party becoming Labourโ€™s main opposition

Published on: May 02, 2025 | Source: Financial Times - World favicon Financial Times - World

Chevron to slow pace of share buybacks as Trump tariffs and OPEC+ production weigh on oil prices

U.S. crude oil prices have fallen as President Donald Trump's tariffs raise recession fears and OPEC+ pumps more oil.

Published on: May 02, 2025 | Source: CNBC International favicon CNBC International

Here's how China could retaliate against U.S. tariffs

The U.S. government under Trump is headed for a showdown with China, the world's second-largest economy.

Published on: May 02, 2025 | Source: CNBC International favicon CNBC International

โ€˜Apocalypticโ€™: Tory wipeout as Farage storms English councils

Reform partyโ€™s rout in local elections poses huge challenges for Conservatives and Labour

Published on: May 02, 2025 | Source: Financial Times - World favicon Financial Times - World

An unwelcome surge of rightwing populism in Britain

Rise of Nigel Farageโ€™s Reform UK threatens the Labour-Conservative duopoly

Published on: May 02, 2025 | Source: Financial Times - World favicon Financial Times - World

Canadaโ€™s Carney to meet Trump in Washington on Tuesday

First foreign trip for prime minister since this weekโ€™s election will focus on โ€˜trade pressuresโ€™

Published on: May 02, 2025 | Source: Financial Times - World favicon Financial Times - World

The Conservative party is losing a fight to the death

Britain does not have a populist problem. It has an unpopularist problem

Published on: May 02, 2025 | Source: Financial Times - World favicon Financial Times - World

Earnings show one tech segment starting to feel the tariff pinch fastest

Advertising-heavy businesses seem to be holding on in the near-term as consumer-focused models start to feel the pinch from slowing spending.

Published on: May 02, 2025 | Source: CNBC International favicon CNBC International

Anger in Uganda after leaderโ€™s son claims he abducted rivalโ€™s bodyguard

Crackdown on Bobi Wine and his supporters by military chief seen as undermining stability in east Africa

Published on: May 02, 2025 | Source: Financial Times - World favicon Financial Times - World

UN explores radical reforms while bracing for more Trump cuts

Internal review recommends merging large programmes and laying off staff as part of deepest overhaul for decades

Published on: May 02, 2025 | Source: Financial Times - World favicon Financial Times - World

Uber inks robotaxi deal with Momenta to launch service in Europe next year

Uber said it's signed a agreement with Chinese autonomous driving comppany Momenta to deploy robotaxis in international markets starting, with Europe in 2026.

Published on: May 02, 2025 | Source: CNBC International favicon CNBC International

Global markets rally as Beijing considers US trade talks

China says it is โ€˜evaluatingโ€™ recent overtures from Washington about starting tariff discussions

Published on: May 02, 2025 | Source: Financial Times - World favicon Financial Times - World

UK's FTSE 100 breaks record for longest winning streak โ€” and market watchers think it may have further to run

The blue-chip index makes new record for its longest-ever run of daily gains.

Published on: May 02, 2025 | Source: CNBC International favicon CNBC International

Eurozone inflation stays above expectations at 2.2%

April figure also shows rise in core metric, as region prepare for impact of Trumpโ€™s tariffs

Published on: May 02, 2025 | Source: Financial Times - World favicon Financial Times - World