Month: November 2025
Trump hints at cutting tariffs on India as loyalist Sergio Gor sworn in as ambassador
WASHINGTON, DC – NOVEMBER 10: U.S. President Donald Trump shakes hands with U.S. Ambassador to India Sergio Gor, during his swearing-in ceremony in the Oval Office of the White House on November 10, 2025 in Washington, DC. Anna Moneymaker | Getty Images News | Getty Images U.S. President Donald Trump faces a fresh test of […]
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Sonder announces bankruptcy plans; tells guests to vacate hotel rooms: ‘People were scrambling’
Short-term rentals company Sonder on Monday said it plans to file for bankruptcy, a day after Marriott International said a licensing agreement between the two companies had ended. The deal, signed in August 2024, allowed Sonder hotels to be booked via Marriott’s Bonvoy website and was widely considered a lifeline for the San Francisco-based company, […]
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Europe stocks higher; Swiss stocks rise on optimism over possible reduction in U.S. tariffs
Traders work on the floor of the New York Stock Exchange (NYSE) on November 07, 2025 in New York City. Spencer Platt | Getty Images LONDON — European stocks maintained their positive momentum as an end to the U.S. government shutdown is in sight. The pan-European Stoxx 600 index was up 0.5% on Tuesday morning, with most […]
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U.S. and Switzerland working on a deal to slash 39% tariffs
U.S. President Donald Trump looks on during the swearing-in ceremony of U.S. Ambassador to India Sergio Gor in the Oval Office of the White House on Nov. 10, 2025 in Washington, DC. Anna Moneymaker | Getty Images The U.S. and Switzerland are getting close to signing a trade deal to lower tariffs of 39% that […]
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Apple removes gay dating apps from Chinese App Store at Beijing’s request
Flag of China and LGBT rainbow flag Alxeypnferov | Istock | Getty Images Apple has confirmed that it has removed two popular gay dating apps from its Chinese iOS Store, following an order from Beijing’s main internet regulator and censorship authority. It comes following reports of the apps — Blued and Finka — suddenly disappearing […]
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CNBC Daily Open: Days of declines won’t keep AI trade down
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Nov. 10, 2025. Brendan McDermid | Reuters Investors piled back into artificial intelligence names on Monday stateside. Shares of Nvidia jumped 5.8%, Broadcom advanced 2.6% and Microsoft climbed 1.9% to end its eight-day losing streak, its longest consecutive […]
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SoftBank sells its entire stake in Nvidia for $5.83 billion
Nvidia CEO Jensen Huang (L) and the CEO of the SoftBank Group Masayoshi Son pose during an AI event in Tokyo on November 13, 2024. Akio Kon | Bloomberg | Getty Images Japanese giant SoftBank said Tuesday it has sold its entire stake in tech giant Nvidia for $5.83 billion. The firm said in its […]
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Pop Mart’s Labubu dolls fueled a stock surge — now Bernstein says it’s time to sell
Pop Mart’s Labubu dolls have captured hearts — and fueled one of China’s hottest stock stories, surging more than 270% since the start of the year to hit a high of 339.8 Hong Kong dollars ($43.71) on Aug. 26. But behind the buzz, a sharp divide has emerged between believers in its emotional-branding power and […]
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SoftBank rides the AI wave as OpenAI lifts Vision Fund to $19 billion gain
The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22, 2025. Kazuhiro Nogi | Afp | Getty Images Japanese giant SoftBank on Tuesday posted a $19 billion gain on its Vision Fund in its fiscal second quarter ended Sept. 30. The broader Vision Fund segment factors in non-investment […]
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London Stock Exchange CEO Julia Hoggett on identity, courage—and modernizing markets
The CEO of the London Stock Exchange reflects on why she didn’t want to follow in the footsteps of her renowned lawyer parents, her decision to come out as gay while a young banker in the City and the bold steps she’s taking to modernize the LSE. Julia Hoggett is the CEO of the London Stock Exchange […]
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