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UK finance minister set on 'renewing Britain' as she unveils spending plans
U.K. Chancellor Rachel Reeves is delivering her Spending Review this Wednesday, detailing how public money will be divided between government departments.
Published on: June 11, 2025 | Source:
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German startup DeepL says latest Nvidia chips lets it translate the whole internet in just 18 days
DeepL, which is valued at $2 billion, is a German startup that has created its own AI models for language translation.
Published on: June 11, 2025 | Source:UniCredit CEO says Commerzbank currently too expensive for takeover offer
The UniCredit CEO stressed that UniCredit is presently "far away" from a merger bid with Commerzbank.
Published on: June 11, 2025 | Source:Nvidia makes big play for Europe with infrastructure deals
Nvidia announced a slew of partnerships with European firms on Wednesday spanning infrastructure to software.
Published on: June 11, 2025 | Source:Europeβs fastest-growing nuclear fusion company raises $148 million in record funding round
The buzz around nuclear fusion has kicked into overdrive in recent years.
Published on: June 11, 2025 | Source:CNBC's The China Connection newsletter: AI hits an already weak jobs market
Companies in China are quickly discovering artificial intelligence's benefits.
Published on: June 11, 2025 | Source:Dollar divorce? Asia's shift away from the U.S. dollar is picking up pace
A mix of geopolitical uncertainties, monetary shifts, and currency hedging is prompting a meaningful move toward de-dollarization across the region.
Published on: June 11, 2025 | Source:U.S. online stores put 'out of stock' signs as Nintendo Switch 2 sales hit record highs
Nintendo said it sold over 3.5 million units of its flagship Switch 2 gaming system in the four days since release, a record-breaking start for the company.
Published on: June 11, 2025 | Source:CNBC Daily Open: Headwinds don't seem to bother the U.S. stock market
The stock market seems to be betting on more trade breakthroughs and favorable inflation data. But the bond market and CEOs may not be so sure about that.
Published on: June 11, 2025 | Source:The rise of artificial intelligence can make college degrees 'out of date': Upskill in AI or fall behind, says expert
"In AI-exposed fields, what matters is increasingly what people can do today, not what they studied in the past," according to PwC's AI Jobs Barometerreport.
Published on: June 11, 2025 | Source:CNBC's UK Exchange newsletter: No easy answers for Reeves
The U.K. chancellor is set to raise spending on defense and healthcare but faces pressure to save money elsewhere due to her fiscal rules.
Published on: June 11, 2025 | Source:China-U.S. agree on framework to implement Geneva trade consensus after second day of London talks
The U.S. and China have reached consensus on trade, representatives from both sides said after high-level talks in London, according to an NBC transcript.
Published on: June 11, 2025 | Source:A frustrated Zuckerberg makes his biggest AI bet as Meta nears $14 billion stake in Scale AI, hires founder Wang
Meta's Mark Zuckerberg is bringing in Scale AI CEO Alexandr Wang to help the social media company better execute on its AI ambitions.
Published on: June 10, 2025 | Source:US-China trade talks in London poised to enter third day
US Treasury secretary Scott Bessent leaves negotiations to return to Washington
Published on: June 10, 2025 | Source:GM to invest $4 billion in U.S. plants amid tariffs for Mexican-produced vehicles
GM plans to invest $4 billion in three American assembly plants, including moving or increasing production of two Mexican-produced vehicles to U.S. plants.
Published on: June 10, 2025 | Source:Ex-Brazilian president Bolsonaro takes the stand over alleged coup plot
Erstwhile rightwing head of state denies planning putsch to remain in power after failing to win re-election
Published on: June 10, 2025 | Source:Trump vows to βliberateβ LA as he defends troop deployment
US presidentβs comments come as defence secretary is grilled over dispatching of Marines to βenforce immigration lawβ
Published on: June 10, 2025 | Source:FirstFT: US says trade talks with China βgoing wellβ
Also in todayβs newsletter, Pakistan plans to raise defence spending, and Trump defends decision to deploy troops in LA
Published on: June 10, 2025 | Source:Tesla rallies on robotaxi hopes as fear over Musk-Trump feud subsides
Tesla rallied for a third straight day, pushing the stock close to where it was trading before last week's spat between Elon Musk and President Trump.
Published on: June 10, 2025 | Source:US and Switzerland end stalemate over client information
Agreement lifts blockade on approvals of new Swiss investment advisers to pursue American wealth management
Published on: June 10, 2025 | Source:Argentinaβs Kirchner to be banned from politics after graft conviction upheld
Peronist leader had remained biggest opposition voice to Javier Milei despite 2022 corruption ruling
Published on: June 10, 2025 | Source:Reeves places Β£39bn affordable homes plan at centre of spending review
But the chancellorβs large scale capital investment will contrast with tight budgets for many Whitehall departments
Published on: June 10, 2025 | Source:10-year Treasury yield slips as U.S.-China trade talks enter second day
Treasury yields slipped Tuesday as U.S. and Chinese officials resumed trade negotiations in London for a second day.
Published on: June 10, 2025 | Source:Private capital group Blackstone plots $500bn expansion in Europe
Co-founder Stephen Schwarzman sees βsigns of changeβ across the region
Published on: June 10, 2025 | Source:Two bombmakers jailed for life over murder of Maltese journalist
Trial of suspects in Daphne Caruana Galiziaβs death was seen as test of EU countyβs ability to tackle organised crime
Published on: June 10, 2025 | Source:Google overhauls internal learning platform to focus on AI, 'business priorities'
The overhaul of the platform will include courses focused on AI tools and 'business priorities.'
Published on: June 10, 2025 | Source:Meta plans to invest $15bn in Scale AI in bid to catch up to rivals
Deal would be one of the biggest of its kind and give Facebook parent a 49% stake in the start-up
Published on: June 10, 2025 | Source:In China, fears grow of an EV financial crisis amid pricing war
Electric vehicle makers in China, led by the country's market leader BYD, have been engaged in a bruising price war.
Published on: June 10, 2025 | Source:Apple's WWDC underwhelms on AI, but software gets biggest facelift in over a decade
Apple investors waiting for the company to make a big push in artificial intelligence didn't have much reason for excitement at WWDC.
Published on: June 10, 2025 | Source:Factory work is overrated. Here are the jobs of the future
America is trapped by its industrial fantasies
Published on: June 10, 2025 | Source:Meta forming new AI lab helmed by Scale AI CEO Alex Wang, report says
Meta is forming a new artificial intelligence research lab dedicated to "superintelligence," according to a report.
Published on: June 10, 2025 | Source:Snap to launch βSpecsβ smart glasses to revive challenge to Meta and Apple
Chief Evan Spiegel looks past investor doubts with AI-powered device designed to βbring out the best in humanityβ
Published on: June 10, 2025 | Source:N Ireland faces βinescapableβ prospect of charging households for water
Region hopes for improved overall funding formula in UK spending review
Published on: June 10, 2025 | Source:Netanyahuβs coalition teeters as ultra-Orthodox allies threaten to dissolve parliament
Two partners say they will bring down Knesset if government does not pass law on religious exemption for military service
Published on: June 10, 2025 | Source:Citi to boost provision for potential bad loans on US economic worries
American bank says figure will be up by a βfew hundred million dollarsβ from previous quarter
Published on: June 10, 2025 | Source: