Month: November 2025
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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Ms. Jo Malone CBE on resilience, reinvention—and rewriting her destiny
The founder of the iconic lifestyle brand reveals how a challenging childhood shaped her entrepreneurial spirit, her journey overcoming cancer and anxiety, and why she’s still brimming with new business ideas. Ms. Jo Malone CBE is one of Britain’s most celebrated entrepreneurs, but her path to success was anything but easy. Raised on a council […]
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Sony raises profit forecast after earnings beat, boosted by Music and Imaging divisions
The Sony Group Corp. logo displayed on a screen at the Combined Exhibition of Advanced Technologies (Ceatec) in Chiba, Japan, on Wednesday, Oct. 16, 2024. Bloomberg | Bloomberg | Getty Images Sony Group on Tuesday reported an increase in its second-quarter operating profit that beat expectations, while announcing a share buyback of up to 100 billion Japanese yen ($648 […]
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Tesla investor support for Elon Musk’s massive pay plan was lower in 2025 than in 2018
Elon Musk, CEO of Tesla, speaks during the 2025 Annual Shareholder Meeting on Nov. 6, 2025. Courtesy: Tesla Tesla shareholders voted last week to give CEO Elon Musk a record pay package, one that could net him about $1 trillion in company stock over the next decade. But Musk received less support than he did for […]
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