Month: August 2025
Trump promised Ukraine ‘security guarantees’: Here’s what they could look like
U.S. President Donald Trump greets Ukrainian President Volodymyr Zelenskyy at the White House, amid negotiations to end the Russian war in Ukraine, in Washington, D.C., U.S., August 18, 2025. Kevin Lamarque | Reuters On the face of it, talks on Monday between U.S. President Donald Trump and Ukraine’s President Volodymyr Zelenskyy and European leaders went […]
Read More
Shein reportedly weighs moving back to China in a bid for Hong Kong IPO approval
Jonathan Raa | Nurphoto | Getty Images Shein is considering moving its base back to China from Singapore in a bid to convince Beijing authorities to approve the e-commerce company’s Hong Kong initial public offering, according to a Bloomberg report on Tuesday. The report said that Shein had gone so far as to consult lawyers […]
Read More
Nvidia working on new AI chip for China that outperforms the H20, Reuters reports
Nvidia is developing a new AI chip for China based on its latest Blackwell architecture that will be more powerful than the H20 model it is currently allowed to sell there, two people briefed on the matter said. U.S. President Donald Trump last week opened the door to the possibility of more advanced Nvidia chips being sold in China. But the sources noted U.S. regulatory approval is far from guaranteed amid […]
Read More
OpenAI launches cheapest ChatGPT plan at $4.6, starting in India
Jaque Silva | Nurphoto | Getty Images OpenAI on Tuesday launched a subscription plan in India priced at 399 rupees ($4.57) a month, the ChatGPT maker’s most affordable offering yet, as it looks to grow in its second-largest market by user base. The new plan, called ChatGPT Go, provides expanded access to the latest model […]
Read More
CNBC Daily Open: OpenAI CEO, who sparked AI frenzy, worries about AI bubble
Sam Altman, CEO of OpenAI, speaks during the Federal Reserve Integrated Review of the Capital Framework for Large Banks Conference in Washington, D.C, U.S., on July 22, 2025. Al Drago | Bloomberg | Getty Images There’s a bubble forming in the artificial intelligence industry, according to OpenAI CEO Sam Altman. “Are we in a phase […]
Read More
Trump administration weighs 10% stake in Intel via Chip Act grants, making government top shareholder
Lip-Bu Tan, CEO of Intel, departs the White House in Washington, DC, U.S., on Monday, Aug. 11, 2025. Alex Wroblewski | Bloomberg | Getty Images The Trump administration is discussing taking a 10% stake in Intel, according to a Bloomberg report on Tuesday, in a deal that could see the U.S. government become the chipmaker’s […]
Read More
American money pours into Europe’s soccer giants as club valuations soar
Kobbie Mainoo of Manchester United during the Premier League match between Manchester United FC and Aston Villa FC at Old Trafford on May 25, 2025 in Manchester, England. Alex Livesey | Getty Images European soccer is a bigger business than ever, with clubs in the continent’s five top leagues raking in 20.4 billion euros ($23.7 […]
Read More
‘Coolcations’ are booming again as tourists prioritize quieter, off-peak trips
Tourists are booking cooler, quieter and less crowded vacations this year, pivoting away from Europe’s traditional summer hotspots amid growing concerns over blistering heat and raging wildfires. The trend reaffirms the phenomenon of so-called “coolcations” — a portmanteau of “cool” and “vacation,” which refers to tourists seeking cooler climes instead of a hot, peak-summer destination. […]
Read More
European markets set to open higher amid positive reaction to Trump-Zelenskyy talks
LONDON — European stocks are expected to open broadly higher on Tuesday as global markets reacted positively to the outcome of talks between U.S. President Donald Trump, Ukrainian President Volodymyr Zelenskyy and European leaders at the White House on Monday. The U.K.’s FTSE index is seen opening 0.18% higher, Germany’s DAX 0.14% higher, France’s CAC 40 up 0.16% and Italy’s […]
Read More
From dumpling-making to pub quizzes: Gen Z’s recipe to making friends in real life
Young professionals are going to networking events to strike up friendships. Getty Images Fatigued by everything virtual, the youngest generation at work are now leaning into in-person networking events to find their tribe. A large number of Generation Z — born between 1997 and 2012 — entered the workforce during the Covid-19 pandemic and were […]
Read More