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U.S. chip controls will benefit China's Nvidia rivals like Huawei: AnalystsΒ 

U.S. export controls on Nvidia's AI chip sales to China will boost its rising domestic AI chipmakers such as Huawei, semiconductor analysts say.

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

Japan's Nomura to buy Macquarie's U.S. and European public asset management business for $1.8 billion

This would increase the assets under management of Nomura's investment management division to $770 billion, up from the $590 billion currently.

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

Dropshippers reel from Trump's tariffs gut punch: 'Profit margins have now been slashed'

"At the moment, we're seeing about a 33% decrease in revenue," said e-commerce entrepreneur Kamil Sattar, in reaction to the U.S. tariffs on China.

Published on: April 21, 2025 | Source: CNBC International favicon CNBC International

FirstFT: China cuts off new investment in US private equity

Also in today’s newsletter, CATL unveils breakthrough in EV batteries, and the legacy of Pope Francis

Published on: April 21, 2025 | Source: Financial Times - World favicon Financial Times - World

The biggest questions facing Big Tech ahead of earnings

All of the megacap companies have significant exposure to President Donald Trump's sweeping tariffs, which will be a major topic on earnings calls.

Published on: April 21, 2025 | Source: CNBC International favicon CNBC International

Harvard sues Trump administration over funding freeze

University accuses government of making β€˜sweeping and intrusive demands’

Published on: April 21, 2025 | Source: Financial Times - World favicon Financial Times - World

Pope Francis dies aged 88

Vatican announces death of Argentine pontiff on Monday morning after 12 years at head of Catholic Church

Published on: April 21, 2025 | Source: Financial Times - World favicon Financial Times - World

Harvard Intensifies Funding Fight With Trump Administration

Harvard University sued several US agencies and top officials for freezing billions of dollars in federal funding, significantly ratcheting up a high-stakes showdown with the Trump administration.

Published on: April 21, 2025 | Source: Bloomberg Politics favicon Bloomberg Politics

Trump hosts Walmart, Target and Home Depot CEOs for tariff meeting

Trump's aggressive tariff policies have caused uncertainty both for investors and business leaders, many of whom rely heavily on imported goods.

Published on: April 21, 2025 | Source: CNBC International favicon CNBC International

US stocks and dollar sink as Trump renews attacks on Fed chair Powell

Currency sell-off intensifies after president steps up criticism of central bank head for not cutting rates

Published on: April 21, 2025 | Source: Financial Times - World favicon Financial Times - World

Tesla shares tumble ahead of first-quarter earnings report

Tesla shares dropped almost 6% on Monday, a day before the company is scheduled to release first-quarter earnings.

Published on: April 21, 2025 | Source: CNBC International favicon CNBC International

U.S. dollar falls to three-year low as Trump's Powell threats further dent investor confidence

The dollar hit its lowest level since March 2022, continuing an April slide.

Published on: April 21, 2025 | Source: CNBC International favicon CNBC International

Look inside: We spent $64 million turning an old Virginia prison into an apartment complexβ€” 'it's important to preserve history'

The Lorton Reformatory was built in 1910 and shut down in 2001. Now the 2,400-acre property houses apartments, a preschool, restaurants and more.

Published on: April 21, 2025 | Source: CNBC International favicon CNBC International

FTC sues Uber over β€˜deceptive’ subscription service

The US regulator’s legal action is the latest move against Big Tech under Donald Trump

Published on: April 21, 2025 | Source: Financial Times - World favicon Financial Times - World

Pope Francis, the first pontiff from the Americas, dies at 88

"Dearest brothers and sisters, with deep sorrow I must announce the death of our Holy Father Francis," Cardinal Kevin Farrell said Monday in a video address.

Published on: April 21, 2025 | Source: CNBC International favicon CNBC International

Gold surges to a record above $3,400 as Trump threatens Fed independence

President Donald Trump said last Thursday that Federal Reserve Chair Jerome Powell's "termination cannot come fast enough."

Published on: April 21, 2025 | Source: CNBC International favicon CNBC International

Who could be the next pope?

The candidates to succeed Francis reflect the changing demography of β€” and rifts within β€” the Catholic Church

Published on: April 21, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump's approval rating on the economy drops to lowest of his presidential career, CNBC Survey finds

President Donald Trump is registering the worst economic approval numbers of his presidential career, according to the latest CNBC All-America Economic Survey.

Published on: April 21, 2025 | Source: CNBC International favicon CNBC International

White House stands behind Hegseth over new Signal chat allegations

Defence secretary said to have shared details of Yemen military strike in group that included family members

Published on: April 21, 2025 | Source: Financial Times - World favicon Financial Times - World

China’s CATL says it has overtaken BYD on 5-minute EV charging time

New version of flagship battery cell can achieve 520km range compared with BYD’s 470km, claims company

Published on: April 21, 2025 | Source: Financial Times - World favicon Financial Times - World

Israeli military admits β€˜professional failures’ in killing of Gaza medics

IDF says a commanding officer will be reprimanded and a deputy commander dismissed over inaccurate accounts

Published on: April 21, 2025 | Source: Financial Times - World favicon Financial Times - World

Musk says he's looking to put 'proper value' on xAI during investor call, sources say

Sources said recent comments from Musk signal that AI startup xAI may be readying for a significant capital raise.

Published on: April 21, 2025 | Source: CNBC International favicon CNBC International

Trump tariffs lead to surge of companies parking imports in tax-free 'foreign trade zones'

Foreign trade zones allow companies to store imports without paying tariffs, and they are becoming more popular as President Trump's trade war escalates.

Published on: April 21, 2025 | Source: CNBC International favicon CNBC International

Israeli intelligence chief says Netanyahu told him to defy top court

Shin Bet head claims premier asked him to target domestic opponents and sought support in future constitutional clashes

Published on: April 21, 2025 | Source: Financial Times - World favicon Financial Times - World

Unlike everyone else, Americans and Britons still shun the office

What is their love of working from home doing to their economies?

Published on: April 21, 2025 | Source: Economist - Finance favicon Economist - Finance

'A man of the people': World leaders react to the death of Pope Francis

Tributes and condolences poured in from around the world following news of the death of Pope Francis, who died on Monday at the age of 88.

Published on: April 21, 2025 | Source: CNBC International favicon CNBC International

I became an AI prompt engineer after a layoff from Meta: Now I'm 'on the cutting edge of the newest tech obsession'

Job loss became a "springboard" for Kelly Daniel, now a prompt director at Lazarus AI who's excited to work "at the cutting edge of the newest tech obsession."

Published on: April 21, 2025 | Source: CNBC International favicon CNBC International

Lib Dems launch β€˜Farage fighting fund’ to stem Reform threat at local elections

Party receives 100,000 from donors ahead of voting across England on May 1

Published on: April 21, 2025 | Source: Financial Times - World favicon Financial Times - World

Illinois farmers focus on planting rather than Trump tariffs

Veterans of the trade wars, they know a great deal could change before the harvest

Published on: April 21, 2025 | Source: Financial Times - World favicon Financial Times - World

China vows retaliation against countries that follow U.S. calls to isolate Beijing

In a shift toward a harder stance this month, China retaliated against U.S. tariffs with levies of 125% on imports of American goods.

Published on: April 21, 2025 | Source: CNBC International favicon CNBC International

The US, not others, will feel most pain from its economic mistakes

America is not the powerhouse it once was

Published on: April 21, 2025 | Source: Financial Times - World favicon Financial Times - World

Britain to boost explosives production to cut reliance on imports

New methods will remove need for nitrocellulose and nitroglycerine, key raw materials in high demand since war in Ukraine

Published on: April 21, 2025 | Source: Financial Times - World favicon Financial Times - World

Trading partners ponder the art of fobbing Trump off with a weak deal

Governments are hoping they can offer symbolic gains to make the US president go away

Published on: April 21, 2025 | Source: Financial Times - World favicon Financial Times - World

Will the World Bank’s climate push survive Trump?

Also in today’s newsletter, US tariffs add new risks for renewable investors

Published on: April 21, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump, Vance and the attack on American universities

The White House’s charge of antisemitism is a cynical tactic to pursue a broader attack on academic freedom

Published on: April 21, 2025 | Source: Financial Times - World favicon Financial Times - World