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Meta tried to buy Ilya Sutskever's $32 billion AI startup, but is now planning to hire its CEO

Meta plans to hire Safe Superintelligence CEO Daniel Gross and former GitHub Nat Friedman to beef up the company's AI team, according to sources.

Published on: June 20, 2025 | Source: CNBC International favicon CNBC International

Israeli president denies pursuing regime change in Iran β€” goal is to 'remove' nuclear program

Herzog accused Teheran of "cheating," saying that the country was "rushing to the bomb."

Published on: June 20, 2025 | Source: CNBC International favicon CNBC International

Is China going through a consumption revival? Its 618 festival is one sign of it

The festival pointed to a pickup in consumption, as e-commerce companies reported strong sales of consumer electronics, as well as beauty and pet care products.

Published on: June 20, 2025 | Source: CNBC International favicon CNBC International

AI avatars in China just proved they are ace influencers. It only took a duo 7 hours to rake in more than $7 million

Digital versions of human beings are now able to sell more than real people can, thanks to artificial intelligence, a recent business collaboration showed.

Published on: June 20, 2025 | Source: CNBC International favicon CNBC International

CNBC Daily Open: Intensifying Israel-Iran conflict puts investors on shaky ground

Until investors get a clearer sense of whether the U.S. will launch strikes on Iran, markets aren’t likely to find solid ground.

Published on: June 20, 2025 | Source: CNBC International favicon CNBC International

Labubu-maker's shares slump as Chinese state media calls for stricter regulation, Morgan Stanley trims interest

Pop Mart, the Chinese toy company behind the recent Labubu craze, saw its shares fall this week after Morgan Stanley removed the stock from a focus list.

Published on: June 20, 2025 | Source: CNBC International favicon CNBC International

Rice prices in Japan more than double in May β€” core inflation jumps to highest levels since 2023

Rice prices have spiked 101.7% year over year, marking their largest increase in over half a century.

Published on: June 20, 2025 | Source: CNBC International favicon CNBC International

China keeps key lending rates steady after May cut as trade deal with U.S. eases growth worries

The People's Bank of China held the 1-year loan prime rate at 3.0% and 5-year LPR at 3.5%, according to a statement Friday.

Published on: June 20, 2025 | Source: CNBC International favicon CNBC International

CNBC's Inside India newsletter: Is India's hot IPO market cooling, or is it a blip?

Twelve months ago, India's initial public offering market was booming. This year, however, there has been a pronounced change.

Published on: June 20, 2025 | Source: CNBC International favicon CNBC International

Japan's core inflation hits highest level since January 2023, putting pressure on BOJ to raise rates

The figure β€” which strips out costs for fresh food β€” was higher compared to expectations from economists polled by Reuters.

Published on: June 20, 2025 | Source: CNBC International favicon CNBC International

AI avatars in China just proved they are better influencers. It only took a duo 7 hours to rake in more than $7 million

Digital versions of human beings are now able to sell more than real people can, thanks to artificial intelligence, a recent business collaboration showed.

Published on: June 19, 2025 | Source: CNBC International favicon CNBC International

UK consumer confidence improves on brighter economic outlook

Sentiment buoyed by more upbeat view of country’s growth prospects, especially among the young

Published on: June 19, 2025 | Source: Financial Times - World favicon Financial Times - World

More than 13mn people in Africa could catch malaria owing to proposed US cuts

Lancet study underscores fears over potential impact of President Trump’s plan to nearly halve funding in 2025

Published on: June 19, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump says talks with Iran could happen β€˜in the near future’

US president will decide whether to join Israeli attack β€˜within two weeks’

Published on: June 19, 2025 | Source: Financial Times - World favicon Financial Times - World

Labour whip resigns over planned UK welfare cuts

Vicky Foxcroft’s move could presage wider rebellion over changes to disability benefits

Published on: June 19, 2025 | Source: Financial Times - World favicon Financial Times - World

FirstFT: Trump says decision on Iran attack will come β€˜within the next two weeks’

Also in today’s newsletter, Air India chair says crashed plane had β€˜clean history’, and X CEO outlines push into financial services

Published on: June 19, 2025 | Source: Financial Times - World favicon Financial Times - World

Canada imposes tariffs on steel and aluminium to curb imports

Ottawa places 100% levies on non-US shipments as it looks to protect jobs

Published on: June 19, 2025 | Source: Financial Times - World favicon Financial Times - World

Oil prices rise about 3% as Israel vows to intensify attacks on Iran

Oil prices reacted after Prime Minister Benjamin Netanyahu ordered Israel's military to intensify attacks against Iran.

Published on: June 19, 2025 | Source: CNBC International favicon CNBC International

Tesla’s robotaxi ambitions face a reality check after launch

Autonomous ride-hailing service to make tentative debut in Austin, Texas, with only about 10 cars

Published on: June 19, 2025 | Source: Financial Times - World favicon Financial Times - World

Population undercounting threatens public policy, scientists warn

Fewer countries are doing censuses owing to Covid-19, budget cuts, and lower trust in government

Published on: June 19, 2025 | Source: Financial Times - World favicon Financial Times - World

HMRC has β€˜lost control’ of small businesses as missing tax hits 40%

Smaller companies account for almost two-thirds of uncollected revenue

Published on: June 19, 2025 | Source: Financial Times - World favicon Financial Times - World

A 'terrible spiral of escalation': World braces for intensifying Iran-Israel conflict

Chances at diplomacy are looking bleak as Iran and Israel continue to trade increasingly deadly blows.

Published on: June 19, 2025 | Source: CNBC International favicon CNBC International

Ministers look at energy discounts for UK industry to compete with European rivals

Reducing β€˜eye-watering’ costs will be centrepiece of government’s industrial strategy next week

Published on: June 19, 2025 | Source: Financial Times - World favicon Financial Times - World

Gulf monarchies hold rival Iran close as Israel conflict rages

Saudi Arabia, UAE and other states in region fear becoming targets for retaliation if US strikes Iran

Published on: June 19, 2025 | Source: Financial Times - World favicon Financial Times - World

Healthcare policy is afflicted by short-sightedness

With the NHS in triage mode, business and society need to shift to prevention of ill health

Published on: June 19, 2025 | Source: Financial Times - World favicon Financial Times - World

Why Vietnam should revamp its economic model

Donald Trump’s trade shock is a wake-up call for faster reform

Published on: June 19, 2025 | Source: Financial Times - World favicon Financial Times - World

Swiss central bank cuts rates to zero

Surge in value of Swiss franc amid US-driven trade war and lagging inflation has complicated policymaking

Published on: June 19, 2025 | Source: Financial Times - World favicon Financial Times - World

The value for money crisis at UK universities

Also in this week’s newsletter, Labour’s plan to revive bus services

Published on: June 19, 2025 | Source: Financial Times - World favicon Financial Times - World

France to double stake in Eutelsat as Europe looks for rival to Elon Musk’s Starlink

Deal risks leaving UK as bit-part player in OneWeb which government rescued from bankruptcy in 2020

Published on: June 19, 2025 | Source: Financial Times - World favicon Financial Times - World

UK government launches new wave of private financing for public services

Ministers insist infrastructure projects will avoid pitfalls of earlier PFI deals

Published on: June 19, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump rips into 'too late' Jerome Powell after Fed holds rates steady

President Donald Trump has long criticized Federal Reserve Chair Jerome Powell for not lowering interest rates.

Published on: June 19, 2025 | Source: CNBC International favicon CNBC International

Airbus orders dominate Paris Air Show as Boeing takes backseat β€” again

The European planemaker has announced a slew of orders at a show overshadowed by the fatal Air India crash and geopolitical turmoil.

Published on: June 19, 2025 | Source: CNBC International favicon CNBC International

Gulf companies prepare contingency plans amid fears of conflict spillover

Risk advisory firms report rise in inquiries since start of Israel-Iraq war as groups consider crisis management strategies

Published on: June 19, 2025 | Source: Financial Times - World favicon Financial Times - World

How Trump can offer Iran a way out

At this point, a weakened Tehran might accept a face-saving deal and sanctions relief to avert a US attack

Published on: June 19, 2025 | Source: Financial Times - World favicon Financial Times - World