Month: August 2025
Another late-night Trump trade twist — just hours before the world hit go
Another day, another deadline and another trade curveball from U.S. President Donald Trump just before the buzzer. The tariff deadline was set for August 1. Markets were watching. Countries were calculating. And then, right before midnight (well, UK time), came another announcement: 40% tariffs on transshipped goods, new rates for dozens of nations, and yet another reshuffling of Trump’s […]
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Euro zone inflation holds steady at higher-than-expected 2% in July
A customer stands in front of a fruit and vegetable stall at an open-air market in Paris on July 15, 2025. Behrouz Mehri | Afp | Getty Images Euro zone inflation was unchanged at a higher-than-expected 2% in July, flash data from statistics agency Eurostat showed Friday. Economists polled by Reuters had expected the figure […]
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British Airways-owner IAG sees second quarter profits soar as transatlantic travel holds up
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Squawk Box Europe CNBC’s Karen Gilchrist discusses strong second-quarter results for British Airways-owner IAG, and the wider outlook for the travel sector. 02:20 an hour ago Karen Gilchrist Source
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Nintendo doubles quarterly revenue as Switch 2 sales hit 5.8 million units
Nintendo Co. Switch 2 game consoles at a Bic Camera Inc. electronics store in Tokyo, Japan, on Thursday, June 5, 2025. Nintendo Co. fans from Tokyo to Manhattan stood in line for hours to be among the first to get a Switch 2, fueling one of the biggest global gadget debuts since the iPhone launches […]
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Trump rekindles global trade tensions with sweeping new tariffs
Mexico welcomes trade talks extension Mexico welcomed news it was granted a 90-day reprieve on a U.S. boost to tariffs to 30% on many goods, to allow for further negotiations. “We avoided the increase of tariffs announced for tomorrow and we prevailed with 90 days to build a large-scale agreement based on dialogue,” Mexican President […]
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European stocks set to open lower amid Trump’s tariff rejig
Euronext tops expectations Euronext has topped quarterly earnings expectations, boosted by ongoing market volatility. Revenue hit a fresh record and net profit rose by almost 30%. The earnings report comes as the exchange operator launches a bid to buy the Athens Stock Exchange, with its offer valuing the Greek bourse at more than 400 million […]
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Investing in Space: You’re in or you’re out
CNBC’s Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Sign up to receive future editions. Portrait of astronaut in space suit and helmet. Nisian Hughes | Stone | Getty Images Overview: You’re in or you’re out There’s an air of ‘been there, done that’ about […]
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Top UK court to rule on car finance mega-scandal — with billions at stake
Key Points Britain’s top court is poised to deliver a highly anticipated judgment on the country’s multi-billion-pound car finance debacle. The crisis has drawn comparisons to Britain’s Payment Protection Insurance scandal, which was estimated to have cost lenders more than £50 billion ($66.1 billion). Notably, analysts at RBC Capital Markets slashed their estimates for how much […]
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Asian travelers to Japan drop, hurt by a manga’s catastrophic prediction
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Lin Lin and Monica Pitrelli take a closer look at a Japanese manga’s peculiar prophecy and its impact on Asian visitors to the country in the past few months. Source
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Indian state refiners pause Russian oil purchases, Reuters reports
FILE PHOTO: Crude oil tanker Nevskiy Prospect, owned by Russia’s leading tanker group Sovcomflot, transits the Bosphorus in Istanbul, Turkey September 6, 2020. Yoruk Isik | Reuters Indian state refiners have stopped buying Russian oil in the past week as discounts narrowed this month and U.S. President Donald Trump warned countries not to purchase oil from Moscow, industry sources said. India, the world’s third-largest oil importer, is the biggest buyer […]
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