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Microsoft wins Big Techβs first earnings battle since Trumpβs tariffs
Apple and Amazon lose out as trade war threatens to hit hardware and ecommerce hardest
Published on: May 02, 2025 | Source:
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Trump calls on Fed once again to lower rates after solid April jobs report
President Donald Trump issued his latest call for the U.S. Federal Reserve to lower interest rates, following a better-than-expected jobs report for April.
Published on: May 02, 2025 | Source:China says it's evaluating the possibility of trade talks with the U.S.
As Beijing signals its readiness to engage in talks with the Trump administration, reaching a comprehensive deal will be a complex and time-consuming endeavor.
Published on: May 02, 2025 | Source:Oil major Shell launches $3.5 billion share buyback after first-quarter profit beat
Shell's earnings come as Big Oil's profits continue to fall from record highs in 2022.
Published on: May 02, 2025 | Source:Inside the deal: Roche and Zealand Pharma's $5.3 billion obesity drug gambit
The ballooning obesity drug market may have a new contender after Roche struck a $5.3 billion dealto develop Danish biotechZealand Pharma's "next generation" weight loss drug.
Published on: May 02, 2025 | Source:Berkshire investors hope for Buffett's guidance at annual meeting with tariffs shaking markets, economy
Buffett's annual gathering in the Cornhusker State comes as the investment climate turned less certain thanks to President Trump's aggressive tariff regime.
Published on: May 02, 2025 | Source:Ireland fines TikTok 530 million euros for sending EU user data to China
Ireland's privacy regulator said Friday that TikTok infringed the bloc's GDPR data protection law over transfers of European user data to China.
Published on: May 02, 2025 | Source:Tether eyes U.S. expansion with new stablecoin as CEO courts Washington crypto players
CEO Paolo Ardoino's recent charm offensive in Washington has put a spotlight on Tether amid the pro-crypto shift under President Trump.
Published on: May 02, 2025 | Source:China's Xpeng delivers over 30,000 vehicles for the sixth consecutive month
Chinese electric vehicle startup Xpeng in April sustained its record of delivering over 30,000 vehicles for the sixth consecutive month.
Published on: May 02, 2025 | Source:Euro zone inflation unchanged at 2.2% in April, leaving path open for further ECB interest rate cuts
Economists polled by Reuters had been expecting the reading to come in at 2.1% in April.
Published on: May 02, 2025 | Source:U.S. tariff uncertainty puts China-made Christmas presents in question
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 02, 2025 | Source:China looks set to turn to a tariff-proof sector as U.S. trade war bites: K-pop
The about-face is as a "structural turning point" for the sector, aimed at not only combating tariffs, but also promoting domestic consumption, analysts say.
Published on: May 02, 2025 | Source:Mongoliaβs βambitiousβ plan could boost tourism to 10% of GDP by 2030, says minister
Tourism could comprise 10% of Mongolia's GDP if the country can attract 2 million annual tourists by 2030, the countryβs tourism minister told CNBC Wednesday.
Published on: May 02, 2025 | Source:Standard Chartered beats first-quarter profit expectations on strong growth in wealth management
The bank's Wealth Solutions division was a standout performer during the quarter, posting a 28% year-on-year increase in operating income.
Published on: May 02, 2025 | Source:CNBC Daily Open: Apple and Amazon beat expectations, but not allβs rosy underneath
Financial results of both Apple and Amazon had some weaknesses under the hood.
Published on: May 02, 2025 | Source:Hasbro CEO details tariff impact: 'We're making rapid changes'
In a Thursday interview with CNBC's Jim Cramer, Hasbro CEO Chris Cocks explained how the toy maker is trying to diversify its supply chain.
Published on: May 01, 2025 | Source:Sam Altman's eye-scanning ID project launches in U.S. with six locations
Altman co-founded "World" in 2019 β known as Worldcoin until last year βto create a global identity verification system.
Published on: May 01, 2025 | Source:UK agency finds stark inequalities in health protection
Chances of hospital admission with infectious disease strongly linked to factors such as ethnicity and deprivation, report says
Published on: May 01, 2025 | Source:Elements of Englandβs social care reforms may not be implemented until 2036
Review asked to provide policy recommendations that can be phased in over a decade
Published on: May 01, 2025 | Source:Amazon warns on trade war hit as profit outlook misses forecasts
Ecommerce giant says βtariff and trade policiesβ pose a risk to its earnings
Published on: May 01, 2025 | Source:Amazon falls short on cloud revenue for third straight quarter
Amazon continues to invest in infrastructure to run artificial intelligence models from Anthropic and other clients.
Published on: May 01, 2025 | Source:Trump says he will impose secondary sanctions on buyers of Iranβs oil
Crude prices rise after US president intensifies pressure on Tehran as nuclear talks falter
Published on: May 01, 2025 | Source:Amazon issues light guidance, noting 'tariffs and trade policies' as factors
Amazon is releasing its first earnings results since President Donald Trump announced sweeping new tariffs.
Published on: May 01, 2025 | Source:Apple says Trumpβs tariffs will boost costs by $900mn in June quarter
Chief executive Tim Cook says it is βvery difficultβ to make predictions for latter half of 2025
Published on: May 01, 2025 | Source:Apple shares fall as Cook says 'very difficult' to predict tariff costs beyond June
Apple expects tariffs to add $900 million to its costs for the current quarter, assuming no other major changes occur, CEO Tim Cook said Thursday.
Published on: May 01, 2025 | Source:FirstFT: South Koreaβs acting leader and replacement both resign
Also in todayβs newsletter, CIA looks to recruit new Chinese spies, and Bank of Japan slashes growth forecasts
Published on: May 01, 2025 | Source:Airbnb issues disappointing revenue guidance for second quarter
Airbnb's results for the first quarter were mostly in line with estimates, but the company's forecast for the current period was weaker than expected.
Published on: May 01, 2025 | Source:Trump says any country that buys oil from Iran will not be allowed to do any business with U.S.
The Trump administration said it wants to prevent Iran from building a nuclear bomb. Iran has denied that it seeks such a weapon.
Published on: May 01, 2025 | Source:CVS tops estimates, hikes guidance as insurance business shows some improvement
The company now expects full-year adjusted earnings of $6 to $6.20 per share, up from a previous guidance of $5.75 to $6 per share.
Published on: May 01, 2025 | Source:Eli Lilly sales soar 45% on weight loss drug demand, but drugmaker cuts profit outlook after cancer treatment deal
Eli Lilly said sales of weight loss drug Zepbound and diabetes treatment Mounjaro surged in the first quarter.
Published on: May 01, 2025 | Source:Nvidia says Anthropic is telling 'tall tales' in its defense of U.S. AI chip restrictions on China
President Donald Trump is reportedly working on updating the chip restrictions, adding another layer of uncertainty to the already contentious policy.
Published on: May 01, 2025 | Source:Donald Trump sacks national security adviser Mike Waltz
Decision comes after scandal over use of group chat to discuss military attacks in Yemen
Published on: May 01, 2025 | Source:Europe ready to make Trump a β¬50bn trade offer, says EU negotiator
MaroΕ‘ Ε efΔoviΔ tells FT of βcertain progressβ but warns bloc will not settle for higher US tariff baseline
Published on: May 01, 2025 | Source:Two UK university student unions suspend Ukrainian societies for buying drones
Bodies at UCL and Lancaster act over potential breach of charity laws
Published on: May 01, 2025 | Source:A dangerous stand-off between India and Pakistan
Shooting of tourists in Kashmir could reignite conflict across a key geopolitical faultline
Published on: May 01, 2025 | Source: