Month: September 2025
Barclays CEO double downs on U.K. despite bank tax risk
Barclays chief C.S. Venkatakrishnan doubled down on doing business in the United Kingdom even as the British bank faces the growing threat of higher taxes in the country. The executive’s optimism comes as analysts and investors widely expect the U.K. government to target the U.K. banking sector for tax increases in the upcoming Autumn Budget […]
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Fever to fatigue? Pop Mart is actually happy that Labubu resale prices are dropping
This summer, the monster toy Labubu charmed the world with its cute and chaotic energy, commanding resale markups that would make day traders or Rolex flippers blush. One secret blind box edition was selling for over 2,000% above retail prices, according to Nomura. Last month, robbers in California staged a $30,000 heist. Now, there are […]
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Trump slaps 25% tariffs on heavy trucks imports, starting Oct. 1
In an aerial view, trucks line up to enter a shipping berth at the Port of Oakland on Aug. 26, 2025 in Oakland, California. Justin Sullivan | Getty Images U.S. President Donald Trump said Thursday night stateside that he would impose a 25% tariff on imported heavy trucks from Oct. 1, part of his broader […]
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A top VC’s guide to the hottest Asian markets for tech right now
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Silicon Valley once dismissed Asia’s tech scene as a land of copycats. Today, those same hubs are driving real innovation—and global investors are taking notice. One of them is B Capital, a venture capital firm managing over $9 billion across nine offices […]
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We’re in an AI ‘super cycle,’ top investor says — and it could last 20 years
Artificial intelligence is in the early part of a “super cycle” that could last 20 years, according to a top investor. Raj Ganguly, co-founder and co-CEO of venture capital firm B Capital, told CNBC’s “Beyond the Valley” podcast released Friday that AI is going to have a huge, global impact in the coming years. “We’re […]
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CNBC Daily Open: Trump’s new tariffs on drugs and trucks — and bathroom vanities
U.S. President Donald Trump gestures as he takes questions from the press after signing an executive order on a deal that would divest TikTok’s U.S. operations from ByteDance from its Chinese owner ByteDance, at the White House in Washington, D.C., U.S., Sept. 25, 2025. Kevin Lamarque | Reuters A foreign-made heavy truck crosses the U.S. […]
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Asian pharma stocks fall after Trump slaps 100% levies on branded drugs
Cityscape and Tokyo Tower at sunset, Tokyo, Japan. © Marco Bottigelli | Moment | Getty Images Shares of Asian pharmaceutical companies fell Friday after U.S. President Donald Trump announced fresh tariffs on furniture, heavy trucks and pharmaceutical products. Starting from Oct. 1, “any branded or patented Pharmaceutical Product” faces 100% duties, except for companies that […]
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U.S. to impose 100% tariff on branded, patented drugs unless firms build plants locally, Trump says
Shelf of pharmaceutical products. D3sign | Moment | Getty Images President Donald Trump announced Thursday that the U.S. will impose a 100% tariff on “any branded or patented Pharmaceutical Product” entering the country from Oct. 1. The measure will not apply to companies building drug manufacturing plants in the U.S., Trump added. He said that […]
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YouTube TV, NBCUniversal warn of impending carriage dispute that could lead to network blackout
INGLEWOOD, CALIFORNIA – NOVEMBER 17: A detail view of a NBC Sunday Night Football video camera during the first half between the Cincinnati Bengals and the Los Angeles Chargers at SoFi Stadium on November 17, 2024 in Inglewood, California. Ric Tapia | Getty Images Sport | Getty Images YouTube TV subscribers may soon be without […]
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NASA Marshall Space Flight Center director Joseph Pelfrey resigns
A crane towers above the mobile launcher 2 adjacent the Vehicle Assembly Building at Kennedy Space Center on Tuesday, July 22, 2025. Richard Tribou | Tribune News Service | Getty Images The director of NASA’s Marshall Space Flight Center, Joseph Pelfrey, announced his resignation from the role on Thursday, CNBC confirmed. Pelfrey said in an […]
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