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3 key takeaways from Nvidia's earnings: China blow, cloud strength and AI future

The company's data center division continues to surge as companies, countries and cloud providers snap up GPUs for artificial intelligence software.

Published on: May 29, 2025 | Source: CNBC International favicon CNBC International

Former Goldman banker sentenced to two years in prison for 1MDB role

Tim Leissner helped divert billions in Malaysian funds to corrupt officials but pleaded guilty and aided prosecutors

Published on: May 29, 2025 | Source: Financial Times - World favicon Financial Times - World

Amazon taps Xbox co-founder to lead new team developing 'breakthrough' consumer products

A former Microsoft executive is leading a new team at Amazon within the company's devices unit.

Published on: May 29, 2025 | Source: CNBC International favicon CNBC International

Crypto wins a champion in the White House

Trump family’s enthusiasm for digital assets creates a glaring conflict of interest

Published on: May 29, 2025 | Source: Financial Times - World favicon Financial Times - World

EU-US trade talks to go ahead despite court blow to Trump tariffs

EU trade commissioner Maroő Šefčovič is still expected to meet his US counterparts in Paris next week

Published on: May 29, 2025 | Source: Financial Times - World favicon Financial Times - World

How cheap steel endangers Europe’s defence build-up

Without its own industry, the continent will be forced to depend on foreign firms that could cut off supplies

Published on: May 29, 2025 | Source: Financial Times - World favicon Financial Times - World

UK to make it easier for companies to access pension surpluses

Ministers want to release billions of pounds for investment

Published on: May 29, 2025 | Source: Financial Times - World favicon Financial Times - World

Reform UK inherits a financial firestorm in English councils

Party faces familiar problem of finding large-scale savings while avoiding unpopular choices

Published on: May 29, 2025 | Source: Financial Times - World favicon Financial Times - World

Abercrombie and Gap get a boost from the ’90s revival

Having regained their street cred, the challenge for the two retailers will be to remain relevant

Published on: May 29, 2025 | Source: Financial Times - World favicon Financial Times - World

The emerging reality of the OpenAI-SoftBank grand plan for data centres

The financing and future of the Stargate project hailed by Trump are far from straightforward

Published on: May 29, 2025 | Source: Financial Times - World favicon Financial Times - World

China's DeepSeek quietly releases upgraded R1 AI model, ramping up competition with OpenAI

DeepSeek rose to prominence this year after its free, open-source R1 reasoning model outperformed offerings from rivals including Meta and OpenAI.

Published on: May 29, 2025 | Source: CNBC International favicon CNBC International

New York Times agrees first AI deal with Amazon

Paper will license its editorial content to ecommerce giant to train its artificial intelligence models

Published on: May 29, 2025 | Source: Financial Times - World favicon Financial Times - World

Tesla board considers something new β€” overseeing Musk

But the electric-car maker is an anomaly, and for many investors that’s the point

Published on: May 29, 2025 | Source: Financial Times - World favicon Financial Times - World

French business schools fast-track entry for foreign students blocked from US

Institutions seek to lure elite scholars who fear being caught up by tougher US visa rules

Published on: May 29, 2025 | Source: Financial Times - World favicon Financial Times - World

Almost 2.5mn people in England estimated to have ADHD

Only third of those with attention deficit hyperactivity disorder are thought to have been diagnosed, data shows

Published on: May 29, 2025 | Source: Financial Times - World favicon Financial Times - World

America needs to make its cities family-friendly again

The pandemic accelerated an urban exodus that was already well under way

Published on: May 29, 2025 | Source: Financial Times - World favicon Financial Times - World

US trade court says Trump’s global tariffs are illegal

Panel of judges finds president did not have authority to introduce levies using the legislation he cited

Published on: May 29, 2025 | Source: Financial Times - World favicon Financial Times - World

OPEC+ members could hike July oil production by 411,000 barrels per day: Sources

Eight OPEC+ members have been rapidly unwinding a set of voluntary production cuts in recent months.

Published on: May 29, 2025 | Source: CNBC International favicon CNBC International

Elon Musk thanks Trump, says he's leaving government work with DOGE

In a post on X, Elon Musk thanked President Trump and said that his "scheduled time" for government work is coming to an end.

Published on: May 29, 2025 | Source: CNBC International favicon CNBC International

Trump’s financial watchdogs promise a revolution

The regulatory pendulum swings violently

Published on: May 29, 2025 | Source: Economist - Finance favicon Economist - Finance

India has a chance to cure its investment malaise

Global trade turmoil presents a rare opportunity

Published on: May 29, 2025 | Source: Economist - Finance favicon Economist - Finance

How might China win the future? Ask Google’s AI

The country’s sprawling industrial policy is beyond mere human comprehension

Published on: May 29, 2025 | Source: Economist - Finance favicon Economist - Finance

The courts block Trump’s tariffs. Can he circumvent their verdict?

American trade policy is in chaos

Published on: May 29, 2025 | Source: Economist - Finance favicon Economist - Finance

Xi wants to boost China's advanced manufacturing prowess. Trump may not like it

Beijing's renewed commitment to advanced manufacturing could run counter to Trump's core demands in the ongoing trade talks.

Published on: May 29, 2025 | Source: CNBC International favicon CNBC International

CNBC's Inside India newsletter: India is set to be the world's fourth-largest economy β€” but sustained growth will warrant more reforms

What is working for and holding India back in its journey to becoming the world's fourth largest economy?

Published on: May 29, 2025 | Source: CNBC International favicon CNBC International

CNBC Daily Open: Trump's 'reciprocal' tariffs face an uncertain future β€” and that's good for markets and businesses

Trump's been accused of walking back on his trade policies. Now, a federal court has struck down his "reciprocal" tariffs β€” the same ones he put on hold.

Published on: May 29, 2025 | Source: CNBC International favicon CNBC International

German defense firm Renk looks to struggling auto sector for new talent as it scales up

To keep pace with this soaring demand, defense companies like Renk, Hensoldt, Rheinmetall are looking to collaborate with the automotive industry.

Published on: May 29, 2025 | Source: CNBC International favicon CNBC International

Bank of Korea lowers interest rates for the fourth time, flags more cuts ahead

South Korea continued to grapple with heightened political uncertainty following the botched attempt by former leader Yoon Suk Yeol to impose martial law.

Published on: May 29, 2025 | Source: CNBC International favicon CNBC International

Nvidia CEO Jensen Huang explains why chip exports to China are strategically important

In a Wednesday interview with CNBC's Jim Cramer, Nvidia CEO Jensen Huang explained why he thinks it's necessary to export his company's AI technology to China.

Published on: May 29, 2025 | Source: CNBC International favicon CNBC International

US to β€˜aggressively’ revoke visas of Chinese students

Secretary of state says move will enhance scrutiny on applications from China and Hong Kong

Published on: May 29, 2025 | Source: Financial Times - World favicon Financial Times - World

Court strikes down Trump reciprocal tariffs

The judges wrote that a 1977 law does not actually give the president the power to issue the sweeping duties initiated last month.

Published on: May 29, 2025 | Source: CNBC International favicon CNBC International

Credit default swaps are back in fashion β€” even if the panic might be overblown

The cost of insuring exposure to U.S. government debt has been rising steadily this year, hovering near its highest level in two years.

Published on: May 28, 2025 | Source: CNBC International favicon CNBC International

UK must toughen regulation of facial recognition, say AI experts

Campaigners call on Keir Starmer’s government to create clear laws to tackle growing use of the technology

Published on: May 28, 2025 | Source: Financial Times - World favicon Financial Times - World

UK’s high-tech warfare operations to be unified in defence shake-up

Reorganisation of cyber and electronic military units will be crucial part of government’s strategic review

Published on: May 28, 2025 | Source: Financial Times - World favicon Financial Times - World

Palestinians loot WFP warehouse as widespread hunger deepens Gaza chaos

Looting incident follows disruption at food distribution site as Israel continues to limit supplies despite 79-day siege

Published on: May 28, 2025 | Source: Financial Times - World favicon Financial Times - World