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South Korea calls for 'calm, orderly' talks with the U.S. amid hopes of a tariff deal by early July

The deal will reportedly be pursued by July 8, the day U.S. President Donald Trump's 90-day tariff suspension is due to end.

Published on: April 25, 2025 | Source: CNBC International favicon CNBC International

Trump asserts trade talks with China are underway after Beijing denies any ongoing negotiations

The statement followed China's denial of any talks with the U.S. and calls for abolishing 'unilateral' tariff measures for resolving trade issues.

Published on: April 25, 2025 | Source: CNBC International favicon CNBC International

Alphabet shares rise on stronger-than-expected revenue growth

Alphabet's search and advertising units are still showing strong growth despite AI competition heating up, according to its first-quarter earnings report.

Published on: April 25, 2025 | Source: CNBC International favicon CNBC International

Intel issues weak guidance, says it will slash expenses this year

In its first earnings report under the leadership of CEO Lip-Bu Tan, Intel said it plans to slash operational and capital expenses in the coming year.

Published on: April 25, 2025 | Source: CNBC International favicon CNBC International

South Korea says DeepSeek transferred user data to China and the U.S. without consent

South Korea's data protection authority has accused Chinese AI startup DeepSeek of transferring the personal information of users without permission.

Published on: April 25, 2025 | Source: CNBC International favicon CNBC International

Trump Organization sells 'Trump 2028' hat and shirt, fueling questions about third term bid

The U.S. Constitution's 22nd Amendment says, "No person shall be elected to the office of the President more than twice." Trump was elected in 2016 and 2022.

Published on: April 24, 2025 | Source: CNBC International favicon CNBC International

The trade war's wave of retail shortages will hit U.S. consumers in stages. Here's when

Major retailers are warning about empty shelves as a result of President Trump's tariffs on China and wider trade war. How concerned should consumers be?

Published on: April 24, 2025 | Source: CNBC International favicon CNBC International

UK consumer confidence hit by higher household costs and US tariffs

All measures of leading survey drop in April as price rises and Trump import taxes bite

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

UK regulators have no coherent plan to upgrade water infrastructure, watchdog warns

National Audit Office says Ofwat and environment department do not know state of the assets

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Alphabet shares rise as Google search boosts profits

Silicon Valley giant says AI is helping engagement in core division despite threat from ChatGPT

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Intel CFO says tariffs increase chance for economic slowdown, recession getting likelier

Intel's revenue forecast included a "wider than normal" range, which the company said was due to uncertainty caused by tariffs

Published on: April 24, 2025 | Source: CNBC International favicon CNBC International

FirstFT: Pakistan to suspend peace treaty with India as tensions escalate over Kashmir attack

Also in today’s newsletter, China tells US to β€˜cancel all unilateral tariffs’ if it wants talks, and South Korea’s economy contracts

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Intel to cut jobs and capex as Trump tariffs cloud outlook

US chipmaker’s shares fall in after-market trading as it offers downbeat guidance

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Top Trump official in talks with Paramount over Skydance merger concessions

Negotiations come as US president’s legal fight against studio’s CBS News nears conclusion

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Democratic lawmakers warn law firms that deals with Trump may be illegal

Legislators argue pro bono agreements with US president may violate bribery and extortion laws

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Donald Trump orders speedier permits for deep-sea mineral projects

US president’s move is part of effort to bolster supply of critical resources

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

EU set to probe Universal’s planned acquisition of Downtown Music

Independent labels have urged competition authorities to block the deal as they say it would make the music giant too dominant

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump Organization signals it will fire lawyer over work for Harvard

Eric Trump says William Burck’s representation of the university in battle with the administration is a β€˜conflict’

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Reeves rejects parts of Trump’s economic agenda before talks with Bessent

UK chancellor says global stability depends on lower trade barriers ahead of meeting US Treasury secretary

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Meta lays off employees working on virtual reality in Reality Labs division

Meta has laid off employees in the company's Reality Labs division that is tasked with developing virtual reality, augmented reality and wearable devices.

Published on: April 24, 2025 | Source: CNBC International favicon CNBC International

Comcast stock drops as investors balk at weakness in broadband

Comcast lost 199,000 total domestic broadband customers, reflecting the continued pressure on the cable giant's cornerstone business.

Published on: April 24, 2025 | Source: CNBC International favicon CNBC International

US to loosen rules on self-driving vehicles criticised by Musk

National Highway Traffic Safety Administration will make it easier to get autonomous cars on the road

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump urges Putin to stop attacks on Ukraine

US president signals frustration with Kremlin even as his administration makes overtures towards Russia

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Jair Bolsonaro’s medical condition deteriorates in hospital

Former president of Brazil remains in intensive care 11 days after surgery as trial looms over alleged coup plot

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

European Central Bank's Holzmann says rate cuts must wait for more tariff certainty

"Before looking at data in detail, the question is, what kind of political decisions will be taken?"

Published on: April 24, 2025 | Source: CNBC International favicon CNBC International

German finance minister says trust not yet broken with U.S., prefers zero-for-zero tariff solution

The trust between Europe and the U.S. is not yet broken despite President Donald Trump's tariff policies, Joerg Kukies, acting German finance minister, said.

Published on: April 24, 2025 | Source: CNBC International favicon CNBC International

China tells US to β€˜cancel all unilateral tariffs’ if it wants talks

Beijing says claims it is nearing a deal with Washington to resolve the trade war are β€˜fake news’

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump’s shameful Crimea ultimatum to Ukraine

Washington is trying to force on Kyiv a peace deal on Russia’s terms

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Bank of England chief focused on tariff 'growth shock' but downplays UK recession risk

Bank of England Governor Andrew Bailey said Thursday that the central bank is focused on the potential U.K. growth shock from U.S. tariffs.

Published on: April 24, 2025 | Source: CNBC International favicon CNBC International

Lebanon amends banking secrecy rules in victory for new government

President Joseph Aoun came to power vowing to enact sweeping reforms after financial crisis and Israel-Hizbollah war

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Consumer giants ring warning bells over Trump’s trade war

β€˜Not optimistic to say the least’: world’s biggest food companies slash forecasts in expectation of slower spending

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

China isn’t trying to win the AI race

Beijing may have quietly concluded that being a close second to the US serves its interests better

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump’s return draws UK and EU closer on defence

Also in this week’s newsletter, UK steel production plunges

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Corporate America puts Wall Street on alert over damage from trade war

Executives use earnings calls to lay out impact of Trump’s tariffs on costs and supply chains

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World

UK confirms flagship carbon capture project

The HyNet North West industrial cluster will start storing carbon dioxide in Liverpool Bay from 2028

Published on: April 24, 2025 | Source: Financial Times - World favicon Financial Times - World