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ExxonMobil beats Occidental in US lithium race

Saltwerx subsidiary wins fight with Occidental over mineral rights in Arkansas’ Smackover formation

Published on: April 23, 2025 | Source: Financial Times - World favicon Financial Times - World

US stocks end higher after Trump soothes Fed independence worries

Wall Street stages relief rally after president says he has no plans to fire Jay Powell

Published on: April 23, 2025 | Source: Financial Times - World favicon Financial Times - World

Bailey says BoE must β€˜take seriously’ risk to growth from Trump tariffs

Bank of England governor signals that central bank is likely to cut UK interest rates next month in response to uncertainty

Published on: April 23, 2025 | Source: Financial Times - World favicon Financial Times - World

Should investors spend the trade war in India?

Mumbai may be a haven, but it is not a safe one

Published on: April 23, 2025 | Source: Economist - Finance favicon Economist - Finance

Treasury Sec. Bessent says China, U.S. have 'opportunity for a big deal' on trade

Bessent named-checked Bridgewater founder Ray Dalio, who recently expressed fears of a sharp fallout from President Donald Trump's tariff policies.

Published on: April 23, 2025 | Source: CNBC International favicon CNBC International

China to lift sanctions on MEPs in bid to revive trade deal with EU

Beijing steps up efforts to woo Brussels as 145% tariffs imposed by the US seal off its biggest market

Published on: April 23, 2025 | Source: Financial Times - World favicon Financial Times - World

Reeves opens door to cutting US car import tariffs in UK trade talks

Chancellor says a deal β€˜can be done’ with Washington but insists Britain will not lower food or auto standards

Published on: April 23, 2025 | Source: Financial Times - World favicon Financial Times - World

Meloni’s meddling in Italian bank M&A is sadly on-trend

Repercussions of the Italian government’s actions are likely to be relatively contained

Published on: April 23, 2025 | Source: Financial Times - World favicon Financial Times - World

India downgrades ties with Pakistan over alleged role in Kashmir attack

New Delhi suspends participation in water treaty as concern grows over potential clash with nuclear-armed neighbour

Published on: April 23, 2025 | Source: Financial Times - World favicon Financial Times - World

UK examines ending low value import scheme over β€˜dumping’ of goods

Review part of package of measures aimed at guarding against Chinese products being diverted to Britain

Published on: April 23, 2025 | Source: Financial Times - World favicon Financial Times - World

Citi to close MΓ‘laga office that promised bankers better work-life balance

The US lender told the FT it was shutting its Spanish Costa del Sol office as part of a strategy to β€˜simplify the firm’

Published on: April 23, 2025 | Source: Financial Times - World favicon Financial Times - World

Boeing prepared to redirect orders destined for Chinese carriers

CEO warns US aerospace group is β€˜not going to continue to build aeroplanes for customers who are not going to take them’

Published on: April 23, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump and the art of the retreat

Reputational damage to the Fed and US assets will not be easily reversed

Published on: April 23, 2025 | Source: Financial Times - World favicon Financial Times - World

Colombia’s president is a drug addict, claims ex-minister

Former foreign minister says leftwing leader Petro disappeared for two days on official trip to France

Published on: April 23, 2025 | Source: Financial Times - World favicon Financial Times - World

Software giant SAP’s shares surge 10% after first-quarter profit beat

SAP announced Wednesday that its first-quarter operating profit had risen by 58% year-on-year to hit 2.5 billion euros ($2.9 billion).

Published on: April 23, 2025 | Source: CNBC International favicon CNBC International

The hit music accused of glorifying violence in Mexico

β€˜Narcocorridos’ that romanticise cartel figures face a ban in some parts of the country

Published on: April 23, 2025 | Source: Financial Times - World favicon Financial Times - World

Cantor strikes $3.6bn crypto venture deal with SoftBank and Tether

Vehicle backed by son of US commerce secretary comes as investors hope for more favourable policy on digital currency

Published on: April 23, 2025 | Source: Financial Times - World favicon Financial Times - World

Boeing CEO says China has stopped taking its aircraft amid trade war

CEO Kelly Ortberg said that a few 737 Max planes that were in China set to be delivered to carriers there have been flown back to the U.S.

Published on: April 23, 2025 | Source: CNBC International favicon CNBC International

Why American tech stocks are newly vulnerable

Recent market turbulence has exposed uncomfortable weaknesses

Published on: April 23, 2025 | Source: Economist - Finance favicon Economist - Finance

Investor support for Goldman bosses’ pay sinks to 9-year low

Investment bank awarded $80mn retention bonuses to David Solomon and John Waldron in January

Published on: April 23, 2025 | Source: Financial Times - World favicon Financial Times - World

EU fines Apple and Meta total of €700mn for antitrust violations

Relatively modest penalties issued as officials try to avoid escalating tensions with White House

Published on: April 23, 2025 | Source: Financial Times - World favicon Financial Times - World

Bessent accuses IMF and World Bank of β€˜mission creep’

US Treasury secretary calls for reform but stops short of saying country could pull out of the global institutions

Published on: April 23, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump says he has 'no intention' of firing Fed Chair Powell

Powell, whom Trump appointed Fed chair during his first term as president, has flatly stated that the president cannot remove him under the law.

Published on: April 23, 2025 | Source: CNBC International favicon CNBC International

EU hits Apple and Meta with nearly $800 million in fines amid U.S. trade tensions

The European Union on Wednesday fined Apple and Meta hundreds of millions of euros each for breaching the bloc's digital competition laws.

Published on: April 23, 2025 | Source: CNBC International favicon CNBC International

European Central Bank’s Lagarde weighs in on Trump's criticism of Fed's Powell

The ECB last week cut interest rates by a further 25 basis points and warned of a "deteriorated" growth outlook linked to tariff tensions.

Published on: April 23, 2025 | Source: CNBC International favicon CNBC International

Tesla's Optimus humanoid robots hit by China's rare earth restrictions, says Musk

China had earlier imposed new export controls on seven rare earth elements and magnets used in everything from defense to energy to automotive technologies.

Published on: April 23, 2025 | Source: CNBC International favicon CNBC International

CNBC Daily Open: Trump, Bessent and Musk give markets the reassurance they need

Markets are open-minded, and often react almost instantaneously to any positive changes.

Published on: April 23, 2025 | Source: CNBC International favicon CNBC International

CNBC's The China Connection newsletter: U.S. regulatory scrutiny fans Chinese stock delisting fears

A comment from U.S. Treasury Secretary Scott Bessent has reignited fears on Wall Street about a forced delisting of Chinese stocks from U.S. exchanges.

Published on: April 23, 2025 | Source: CNBC International favicon CNBC International

Auto groups lobby Trump administration against parts tariffs in rare unified message

The group – representing franchised dealers, suppliers and nearly all major automakers – say the upcoming levies could jeopardize U.S. automotive production.

Published on: April 23, 2025 | Source: CNBC International favicon CNBC International

IMF cuts 2025 growth forecast for major Asian economies, warns of global slowdown on trade worries

On a global basis, growth was lowered from 3.3% to 2.8% for the whole of 2025, with the IMF saying that tariffs were "a major negative shock to growth."

Published on: April 23, 2025 | Source: CNBC International favicon CNBC International

Tesla is β€˜carefully’ working on its India entry amid tariff concerns, says CFO

Tesla is cautiously navigating an entry into India, CFO Vaibhav Taneja said in an earnings call, as the EV maker faces falling sales and tariff threats.

Published on: April 23, 2025 | Source: CNBC International favicon CNBC International

Tesla reports 20% drop in auto revenue as first-quarter results miss Wall Street estimates

Tesla's first-quarter earnings report lands as investors reckon with a steep slide in the company's stock price.

Published on: April 23, 2025 | Source: CNBC International favicon CNBC International

Scott Bessent admits US-China trade deal will be β€˜a slog’

Treasury secretary tempers optimism over negotiations with Beijing in closed-door meeting

Published on: April 22, 2025 | Source: Financial Times - World favicon Financial Times - World

Here's what Elon Musk said about tariffs and their potential effect on Tesla

Tesla CEO Elon Musk addressed the tariff issue on his company's earnings call on Tuesday, making it clear that President Trump is calling the shots.

Published on: April 22, 2025 | Source: CNBC International favicon CNBC International

Musk to prioritise Tesla over White House role as profits slump

Electric-car maker’s sales knocked by political β€˜blowback’

Published on: April 22, 2025 | Source: Financial Times - World favicon Financial Times - World