Month: May 2025
Ryanair Group CFO Neil Sorahan on FY25 results, travel demand and tariff impact
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Ryanair Group CFO Neil Sorahan joins ‘Squawk Box’ to discuss the company’s full-year profit, summer travel demand outlook, impact of tariffs on Boeing deliveries, and more. Source
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UK clamps down on ‘wild west’ of buy now, pay later sector with new rules
Klarna is synonymous with the “buy now, pay later” trend of making a purchase and deferring payment until the end of the month or paying over interest-free monthly installments. Nikolas Kokovlis | Nurphoto | Getty Images The U.K. government on Monday laid out proposals to bring short-term loans under formal rules as it looks to […]
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Nvidia announces new tech to keep it at the center of AI development
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., speaks during the Computex conference in Taipei, Taiwan, on Monday, May 19, 2025. Bloomberg | Bloomberg | Getty Images Nvidia CEO Jensen Huang made a slew of announcements and revealed new products on Monday that are aimed at keeping the company at the center of […]
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30-year Treasury passes 5% after Moody’s downgrades U.S. credit rating
U.S. Treasury yields spiked on Monday after Moody’s downgraded the U.S.’ credit rating, citing fiscal concerns. At 4:46 a.m. ET, the 30-year Treasury yield was up over 10 basis points to 5.021%. The 10-year yield also rose 10 basis points to reach 4.542%. Meanwhile, the 2-year Treasury yield was up over 2 basis points, reaching 4%. One basis point […]
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UK government borrowing costs jump, sterling rallies as Britain and EU agree to reset relations
U.K. bond yields rise after UK-EU deal British government bond yields are also on the rise in the wake of the EU and the U.K. agreeing to reset their post-Brexit relations. Yields on 10-year U.K. government bonds, known as gilts, were up by around 7 basis points at 9:58 a.m. in London. Bond yields and […]
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Qualcomm to launch data center processors that link to Nvidia chips
Qualcomm CEO Cristiano Amon speaks at Computex 2025 in Taipei on May 19, 2025. Cheng Yu-chen | Afp | Getty Images Qualcomm on Monday said it plans to launch processors designed for data centers to power artificial intelligence, which will link to Nvidia’s chips. Nvidia’s graphics processing units (GPUs) have become a critical component in […]
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UK and European Union agree to post-Brexit reset deal, sources tell CNBC
Britain’s Prime Minister Keir Starmer and European Commission president Ursula Von der Leyen at the European Political Community summit, in Tirana on May 16, 2025. Leon Neal | Afp | Getty Images The U.K. and European Union finally agreed to reset relations Monday, sources told CNBC, after Britain’s acrimonious exit from the European bloc in […]
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Ambitious Gen Z lead the return to office — here’s how they are using it to get ahead
Young professionals are in the office more than other generations, a recent study by real estate firm JLL found. Whitebalance.space | E+ | Getty Images Some ambitious Gen Z professionals are leading the return-to-office trend, eager to climb the corporate ladder, learn from their older peers and upend stereotypes about their generation. Born between 1997 […]
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Trump wants a ‘one-stop shopping’ deal with South Korea on trade and defense, but there is a cost
U.S. joint military exercise with South Korea in Yeoncheon-gun, South Korea. Getty Images Sharing the costs of hosting U.S. troops in allied countries has been a favorite topic of U.S. President Donald Trump since his first term in the White House. But as more countries try to eke out a deal to escape the spectre […]
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CNBC Daily Open: After a winning week for stocks, Moody’s downgrade of U.S.’ credit rating poses a new challenge
The statue of former Treasury Secretary Albert Gallatin stands in front of the north wing of the U.S. Treasury Department headquarters building on April 24, 2025, in Washington, DC, U.S. J. David Ake | Getty Images News | Getty Images U.S. stocks popped last week on the back of a trade truce between America and […]
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