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Fishing industry urges Starmer to β€˜hold nerve’ in UK-EU pact talks

EU negotiators say Britain must agree to a long-term fisheries deal

Published on: May 16, 2025 | Source: Financial Times - World favicon Financial Times - World

What Democrats can learn from Trump’s approach to the Middle East

The willingness to challenge received wisdom can yield results without political costs

Published on: May 16, 2025 | Source: Financial Times - World favicon Financial Times - World

US consumer sentiment sinks to second-lowest level on record

Drop comes as jolt of enthusiasm among Republicans in wake of Donald Trump’s election wanes

Published on: May 16, 2025 | Source: Financial Times - World favicon Financial Times - World

Shares of Cartier owner Richemont jump 7% as shoppers splurge on jewelry despite luxury slowdown

Cartier ownerRichemonton Friday posted better-than-expected quarterly sales as the wealthiest spenders continued to shrug off global economic uncertainty.

Published on: May 16, 2025 | Source: CNBC International favicon CNBC International

Novo Nordisk ousts CEO as Wegovy maker faces growing competition

The Danish pharmaceutical giant said Fruergaard JΓΈrgensen would remain in his post "for a period to support a smooth transition to new leadership."

Published on: May 16, 2025 | Source: CNBC International favicon CNBC International

Ukraine and Russia fail to achieve breakthrough in first peace talks for 3 years

Talks in Istanbul end with deal to swap 2,000 prisoners of war but Moscow refuses to back lasting ceasefire

Published on: May 16, 2025 | Source: Financial Times - World favicon Financial Times - World

New York commuters hit by NJ Transit rail strike

Drivers stop work, causing disruption for more than 350,00 daily passengers

Published on: May 16, 2025 | Source: Financial Times - World favicon Financial Times - World

Microsoft seeks to placate EU with pledges to unbundle Teams, Office

Microsoft offered to unbundle its Office 365 and Microsoft 365 software suites from its Teams workplace communication app to address competition concerns from European regulators.

Published on: May 16, 2025 | Source: CNBC International favicon CNBC International

U.S., UAE agree on path for Emirates to buy top American AI chips, Trump says

The U.S. and United Arab Emirates are working on a path to allow Abu Dhabi to purchase some of the most advanced American-made chips.

Published on: May 16, 2025 | Source: CNBC International favicon CNBC International

China calls U.S. trade talks 'good' but quiet on next steps, as Trump hints at Xi call

Trump has touted earlier this week that he might speak to Chinese leader Xi at the end of this week, while Beijing appeared tight-lipped on that prospect.

Published on: May 16, 2025 | Source: CNBC International favicon CNBC International

TikTok to launch meditation feature in face of lawsuits and criticism over the app's effects on children

TikTok is launching in-app guided meditation and other well-being features aimed at young users, amid concerns about the platforms impacts on mental health.

Published on: May 16, 2025 | Source: CNBC International favicon CNBC International

Big Chinese companies like Alibaba show that AI-powered ads are giving shopping a boost

Alibaba, Tencent and JD.com reported earnings that showed better Chinese consumer spending β€” and the growing benefits of artificial intelligence in advertising.

Published on: May 16, 2025 | Source: CNBC International favicon CNBC International

Alibaba shares drop more than 7% on big profit miss

Alibaba shares fell on Thursday after the Chinese e-commerce giant missed earnings expectations for its fiscal fourth quarter on both the top and bottom line.

Published on: May 16, 2025 | Source: CNBC International favicon CNBC International

China keeps hold on rare earth metals after lifting some U.S. export curbs

China's lifting of export controls on 28 U.S. firms was part of a preliminary 90-day tariff pause.

Published on: May 16, 2025 | Source: CNBC International favicon CNBC International

Japan's economy contracts by a more than expected 0.2% from prior three months

On an annualized basis, Japan's GDP contracted 0.7% in the first quarter, also more than the 0.2% fall expected by the Reuters poll.

Published on: May 16, 2025 | Source: CNBC International favicon CNBC International

Asia-Pacific Innovative Lawyers

Tensions, tariffs and global trade are shaping lawyers’ work in the region, from AI to energy projects. Plus: the FT’s top 25 law firms; best-practice case studies; and a spotlight on China

Published on: May 16, 2025 | Source: Financial Times - World favicon Financial Times - World

Hong Kong’s fintech ambitions keep lawyers busy on policymaking and deals

Law firms have been advising on fintech regulation to keep pace with innovation in digital assets

Published on: May 16, 2025 | Source: Financial Times - World favicon Financial Times - World

China’s emerging multinationals learn from earlier pitfalls

Commercially focused lawyers are helping groups navigate overseas markets to ensure investments are sustainable

Published on: May 16, 2025 | Source: Financial Times - World favicon Financial Times - World

Legal advisers optimistic about recovery in Chinese M&A activity

Trade tensions and a drop in the biggest deals mask green shoots for smaller-scale buyouts and growth potential of tech sector

Published on: May 16, 2025 | Source: Financial Times - World favicon Financial Times - World

Tax dodging by rich could be β€˜much greater than thought’, says UK audit office

Watchdog issues warning after tax authority succeeds in raising more tax from wealthy than previously estimated

Published on: May 15, 2025 | Source: Financial Times - World favicon Financial Times - World

UK growth plan β€˜cannot rest’ on south-east projects alone, says Blunkett

Labour grandee calls for increase in infrastructure spending in the north as mayors lobby for investment

Published on: May 15, 2025 | Source: Financial Times - World favicon Financial Times - World

US administration split on when to add Chinese chipmakers to export blacklist

Some US officials fear the move could jeopardise trade talks with Beijing

Published on: May 15, 2025 | Source: Financial Times - World favicon Financial Times - World

Biden β€˜redemption tour’ backfires as cognitive doubts resurface

Democrats unsettled by books revealing former US president’s mental decline as he battled Donald Trump in 2024

Published on: May 15, 2025 | Source: Financial Times - World favicon Financial Times - World

CoreWeave beats on revenue, reports more than 400% growth in first earnings after IPO

CoreWeave's revenue growth slowed from the feverish pace in 2024, but is still benefiting from the artificial intelligence boom.

Published on: May 15, 2025 | Source: CNBC International favicon CNBC International

Trump says no deal on Ukraine until he meets Putin

US president damps down expectations about Ukrainian-Russian talks in Turkey

Published on: May 15, 2025 | Source: Financial Times - World favicon Financial Times - World

Supreme Court weighs power of judges to halt Trump’s orders nationwide

Justices’ decision could have wide-ranging implications for president’s ability to impose his policy agenda

Published on: May 15, 2025 | Source: Financial Times - World favicon Financial Times - World

FirstFT: Trump criticises Apple over plan to source US iPhones from India

Also in today’s newsletter, Trump says no deal on Ukraine until he meets Putin, and crypto group Coinbase targeted by hackers

Published on: May 15, 2025 | Source: Financial Times - World favicon Financial Times - World

Jumbo jets, megadeals and flattery: Trump’s Gulf tour

US president’s visit has been a four-day jamboree of opulent ceremonies and petrodollar-fuelled investment pledges

Published on: May 15, 2025 | Source: Financial Times - World favicon Financial Times - World

Man charged with arson over fires at Keir Starmer’s house

Ukrainian national Roman Lavrynovych will appear in court on Friday over attacks on properties linked to UK prime minister

Published on: May 15, 2025 | Source: Financial Times - World favicon Financial Times - World

US crypto group Coinbase targeted by hackers

Shares fall 7% after exchange says demands were made for $20mn to prevent public disclosure of stolen customer data

Published on: May 15, 2025 | Source: Financial Times - World favicon Financial Times - World

US poised to dial back bank rules imposed in wake of 2008 crisis

Regulators preparing to cut capital requirements that are the target of vigorous criticism from Wall Street

Published on: May 15, 2025 | Source: Financial Times - World favicon Financial Times - World

Oil prices fall after Trump raises hopes of a U.S.-Iran nuclear deal

Speaking in Qatar, U.S. President Donald Trump said the U.S. was getting close to securing a nuclear deal with Iran.

Published on: May 15, 2025 | Source: CNBC International favicon CNBC International

FBI warns of AI voice messages impersonating top U.S. officials

The FBI has said that criminals are using generative artificial intelligence to carry out new financial fraud schemes on a larger scale than previously.

Published on: May 15, 2025 | Source: CNBC International favicon CNBC International

Fed's Powell cautions about higher long-term rates as 'supply shocks' provide policy challenges

Powell said Thursday that longer-term interest rates are likely to be higher as the economy changes and policy is in flux.

Published on: May 15, 2025 | Source: CNBC International favicon CNBC International

Dick’s deal with Foot Locker is a risky retail two-step

The cash offer of $24 a share represents a 65 per cent premium to Foot Locker’s 90-day average

Published on: May 15, 2025 | Source: Financial Times - World favicon Financial Times - World