Month: May 2025
U.S., UAE agree on path for Emirates to buy top American AI chips, Trump says
U.S. President Donald Trump signs a guest book next to United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan, at Qasr Al Watan, in Abu Dhabi, United Arab Emirates, May 15, 2025. Brian Snyder | Reuters ABU DHABI, United Arab Emirates — The U.S. and United Arab Emirates are working on a path to […]
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China calls U.S. trade talks ‘good’ but quiet on next steps, as Trump hints at Xi call
U.S. Secretary of the Treasury Scott Bessent, China’s Vice Minister of Finance Liao Min, U.S. Trade Representative Jamieson Greer, and China’s International Trade Representative and Vice Minister of Commerce Li Chenggang, meet on the day of a bilateral meeting between the U.S. and China, in Geneva, Switzerland, May 11, 2025. Keystone/eda/martial Trezzini | Via Reuters […]
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How NFL quarterback Lamar Jackson is leveraging his horse racing team to build up Baltimore
Lamar Jackson with the winners of the 2025 NTL Kickoff Race. Courtesy: National Thoroughbred League Baltimore Ravens quarterback Lamar Jackson has a singular goal both on the football field and as owner of the Maryland Colts horse racing franchise in the National Thoroughbred League. “I just want to win a championship,” Jackson told CNBC. “I […]
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ECB’s Kazaks says interest rates are ‘relatively close’ to target level
Is the UK really the fastest-growing economy in the G7? British Prime Minister Keir Starmer said Thursday that the U.K. has the fastest economic growth in the Group of Seven — the bloc made up of major economies Canada, the U.K., France, Germany, the U.S., Italy and Japan. His comments came after data showed the U.K.’s […]
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Big Chinese companies like Alibaba show that AI-powered ads are giving shopping a boost
Key Points Alibaba, Tencent and JD.com reported earnings this week that reflected improving Chinese consumer spending, and the growing benefits of artificial intelligence in advertising. “The e-commerce and ad revenues were positive surprises as there were expectations tariffs would affect consumer behavior,” said Kai Wang, Asia equity market strategist at Morningstar. However, a Morgan Stanley […]
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Qatari cybertrucks, elite camels and historic mega-deals: Why Gulf countries are going all out for Trump’s visit
Qatar’s Emir Sheikh Tamim bin Hamad al-Thani (L) receives US President Donald Trump in the Qatari capital Doha on May 14, 2025. Brendan Smialowski | Afp | Getty Images ABU DHABI, United Arab Emirates — If the Arab Gulf states were to hold a popularity contest right now, President Donald Trump would be the prom […]
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TikTok turns to meditation as it battles lawsuits and criticism over the app’s ill effects on children
Jaap Arriens | Nurphoto | Getty Images Plagued with allegations and lawsuits of harming users’ mental health, especially that of children, social media sensation TikTok has decided to turn to meditation — or, rather, guide its users to the calming effects of deep breathing. TikTok said Thursday that it was launching in-app guided meditation exercises […]
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Japan assets saw record inflows in April as investors fled U.S. markets — their promise still holds
A man walks past an electronic board showing the Nikkei 225 index on the Tokyo Stock Exchange along a street in Tokyo on April 7, 2025. Kazuhiro Nogi | Afp | Getty Images Japan saw record foreign inflows into its equities and long-term bonds in April as investors fled U.S. markets following President Donald Trump’s […]
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Japan’s exchange rate plays a key role in its attractiveness to tourists, says Mastercard
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email David Mann discusses the latest travel trends report from the Mastercard Economic Institute, which finds an increasing number of Asian countries becoming preferred destinations for the summer. 07:18 Fri, May 16 202512:37 AM EDT Source
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Travel among sectors most heavily impacted by fraud, Mastercard report finds
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Fraud can start in the travel pre-planning stage, says Mastercard’s David Mann, as he outlines details from the Mastercard Economic Institute’s latest report on travel trends. 01:49 Fri, May 16 202512:24 AM EDT Source
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