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Poor countries would miss King Dollar
Even though they normally like a weaker greenback
Published on: April 16, 2025 | Source:
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Hell is other peopleβs currencies
As the Trump administration may soon find out
Published on: April 16, 2025 | Source:How Trump might topple the dollar
For the first time in many decades, the greenback looks vulnerable
Published on: April 16, 2025 | Source:Google faces Β£5 billion lawsuit in the UK for abusing 'near-total dominance' in search
A class action lawsuit filed Tuesday in the U.K. Competition Appeal Tribunal claims Google abused its position to restrict competing search engines.
Published on: April 16, 2025 | Source:Trump tariffs drove a Treasury sell-off β who sold the safe-haven asset?
In just a few sessions, yield on the 10-year Treasury soared to 4.592% on Friday, the highest since February, while the 30-year notched its highest since November 2023 last Wednesday.
Published on: April 16, 2025 | Source:CNBC's The China Connection newsletter: The U.S. wants China to call. Why it wonβt β for now
The last time Donald Trump and Chinese President Xi Jinping spoke was just before the January 20 inauguration.
Published on: April 16, 2025 | Source:UK inflation slows to cooler-than-expected 2.6% in March
Economists polled by Reuters had anticipated the consumer price index would hit 2.7% in the twelve months to March.
Published on: April 16, 2025 | Source:Customers could end up paying for data centers' energy costs in the absence of reform: Experts
Regulation in the utilities sector and improved grid infrastructure are needed to address data center energy-related pricing and service delivery concerns.
Published on: April 16, 2025 | Source:China's first-quarter GDP tops estimates at 5.4% as growth momentum continues amid tariff worries
Several investment banks havemoved to slash China's growth forecaststhis year, with most doubting Beijing can achieve the official target of "around 5%" this year.
Published on: April 16, 2025 | Source:Tokyo has 'many cards' to play in U.S. tariff negotiations, says Japanese economic advisor
He pointed out that Japan has been the biggest foreign investor in the U.S. and the largest holder of U.S. Treasury bonds.
Published on: April 16, 2025 | Source:Japan's antitrust watchdog issues Google 'cease and desist' order over unfair trade practices
Japan's antimonopoly watchdog has issued a cease and desist order against Google for unfair trade practices regarding search services for its Android devices.
Published on: April 16, 2025 | Source:CNBC Daily Open: United Airlines offers two earnings estimates, reflecting turbulence in economy
The U.S. carrier kept its original earnings forecast, provided in January, but also issued new figures in the event a recession strikes.
Published on: April 16, 2025 | Source:United Airlines cuts capacity and warns economy is βimpossible to predictβ
Cautious move comes after strongest first quarter since Covid-19
Published on: April 16, 2025 | Source:Mark Zuckerberg admits he considered spinning off Instagram in 2018
Meta founder testifies in second day of antitrust trial
Published on: April 15, 2025 | Source:How does an island with high prices and few beaches attract tourists? Singapore lays out a plan
Singapore plans to increase tourism revenue by more than 60% in 15 years by focusing on business travelers, live events and the stopover visitors.
Published on: April 15, 2025 | Source:Peruβs former president sentenced to 15 years in jail for money laundering
Ollanta Humala is the latest in a series of the countryβs leaders to be found guilty of corruption
Published on: April 15, 2025 | Source:Nvidia to take $5.5bn hit as US clamps down on China AI chips exports
Trump administrationβs curbs send chipmakerβs shares sliding in after-hours trading
Published on: April 15, 2025 | Source:Trump pledges to cut drug prices for Americans
Latest executive order could shake up US pharma industry
Published on: April 15, 2025 | Source:UK and France in talks over a migrant returns agreement
Britain would be able to deport one person in exchange for the French sending another individual the other way
Published on: April 15, 2025 | Source:Thousands of Israeli military reservists call for deal with Hamas
Prime ministerβs decision to resume ferocious offensive in Gaza provokes growing backlash from troops
Published on: April 15, 2025 | Source:US wants to retain key tariffs on EU, say European officials
Diplomats from the bloc say American negotiators stressed the need for levies as part of efforts to repatriate industry
Published on: April 15, 2025 | Source:Trump threatens to scrap Harvardβs tax-exempt status
Warning signals new escalation in US presidentβs attacks on universities
Published on: April 15, 2025 | Source:Amazon emails sellers to gauge how Trump's tariffs are impacting their businesses
Amazon asked third-party sellers how the "current U.S. tariff situation" has affected sourcing and pricing, logistics and plans to ship goods into warehouses.
Published on: April 15, 2025 | Source:Mali threatens to seize Barrick Goldβs assets, company says
Mining group also says ruling military junta has shut its office in Bamako
Published on: April 15, 2025 | Source:Meta CEO Mark Zuckerberg considered spinning off Instagram from Facebook in 2018: FTC trial
Meta CEO Mark Zuckerberg considered spinning out Instagram in 2018, according to an email presented Tuesday in the FTC's antitrust trial against the company.
Published on: April 15, 2025 | Source:HPE shares rise after activist Elliott Management takes $1.5 billion stake
Hewlett Packard Enterprise shares jumped after Elliott Investment Management took a more than $1.5 billion stake in the server maker.
Published on: April 15, 2025 | Source:OpenAI considering its own social network to compete with Elon Musk's X
OpenAI is considering building a social network to compete with Elon Musk's X and Meta's Instagram, a source familiar with the plans confirmed to CNBC.
Published on: April 15, 2025 | Source:British Steel: how its Chinese ownerβs plans unravelled
From the outset there were doubts that Jingye Group could turn round the business where so many others had failed
Published on: April 15, 2025 | Source:U.S.' inability to replace rare earths supply from China poses a threat to its defense, warns CSIS
As China imposes rare earths export controls, the U.S. is unable to make up the shortfall, according to the Center for Strategic and International Studies.
Published on: April 15, 2025 | Source:Reform UK targets Labour voters ahead of local elections
Party will βpark its tanksβ in northern red wall seats, Nigel Farage says
Published on: April 15, 2025 | Source:J&J warns pharma tariffs could cause drug shortages
Medical devices like groupβs surgical robots have already been hit by the new US charges
Published on: April 15, 2025 | Source:The UK government needs a proper plan for steel
The future is not in the Scunthorpe blast furnaces that ministers have rescued
Published on: April 15, 2025 | Source:The economic consequences of a mad king
Trumpβs delight in doing whatever he wishes in the moment is incompatible with stability and sustained dynamism
Published on: April 15, 2025 | Source:LVMH dethroned by Hermès as world's most valuable luxury stock after sales miss
Sales were "overall below the most conservative buyside expectations," Citi analysts said, with wines and spirits suffering the sharpest decline.
Published on: April 15, 2025 | Source:Watch in full: Jamie Dimon urges US to engage with China
JPMorgan Chase chief executive warns US dominance cannot be taken for granted
Published on: April 15, 2025 | Source: