Year: 2025
Trump says he’s open to letting Nvidia sell a downgraded version of its most advanced chip to China
Nvidia CEO Jensen Huang, right, speaks alongside President Donald Trump about investing in America, at the White House in Washington, on April 30, 2025. Jim Watson | AFP | Getty Images U.S. President Donald Trump has singaled that he’d be open to allowing Nvidia to sell a downgraded version of its most advanced artificial intelligence […]
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Swiss sneaker company On beats sales estimates, raises guidance despite Vietnam tariffs
On Running shoes at On’s headquarters in in Zurich, Switzerland. CNBC On sales rose 32% in the Swiss sportswear company’s second quarter, leading it to raise its full-year revenue guidance even as it contends with new tariffs on imports from Vietnam. The buzzy sneaker brand, which has been credited with taking market share from Nike, […]
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Sidelined from Trump-Putin talks, Ukraine warns the world not to trust Russia
US President Donald Trump and Ukraine’s President Volodymyr Zelenskyy meet in the Oval Office of the White House in Washington, DC, Feb. 28, 2025. Saul Loeb | AFP | Getty Images Sidelined from forthcoming talks between Russian President Vladimir Putin and U.S. President Donald Trump to negotiate an end to the war, Ukraine has warned […]
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European bourses set to open higher as global markets await U.S. inflation data
U.S. tourists spending less in Britain, retail body says Oxford Street on May 2 2025, in London. Mike Kemp | In Pictures | Getty Images Figures from the Association of International Retail show American visitors spent less in the U.K. last year compared to 2019. The group says that the decision to end tax-free shopping […]
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U.S.-China tariff truce: These are the big sticking points in deal talks
The U.S. and China agreed to extend the tariff truce for another 90 days — major sticking points are holding up a deal, and both sides are planning a leaders’ summit later this year to break the impasse. Hours before the higher tariffs were set to kick in, the two countries on Monday announced the […]
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Australia cuts interest rates to more than 2-year lows, downgrades economic growth forecast
Australia’s central bank said on Wednesday that monetary policy was restrictive with the current cash rate causing financial pain for many households, but it could not rule out further tightening if necessary to tame inflation. Pavlo Gonchar | Lightrocket | Getty Images Australia’s central bank cut its benchmark lending rates by 25 basis points on […]
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Spain treads a risky path by standing up to Trump on defense and China
The President of the Government, Pedro Sanchez, gives a press conference, after a meeting with King Felipe VI, at the Marivent Palace, on 29 July, 2025 in Palma de Mallorca, Balearic Islands, Spain. Europa Press News | Europa Press | Getty Images Spain’s somewhat unique approach to defense and foreign policy is fueling tensions with […]
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We will ‘be ready’: After government rebuke, Resorts World Sentosa CEO discusses future of integrated resort
Resorts World Sentosa will “be ready” when Singapore’s Gambling Regulatory Authority considers its casino license renewal in 2026, the company’s CEO Lee Shi Ruh told CNBC late last month. In November 2024, Singapore’s gambling agency announced it was renewing the integrated resort’s casino license for two years, instead of three, citing “unsatisfactory” tourism performance from […]
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Microsoft’s GitHub chief is leaving as competition ramps up in AI coding market
GitHub CEO Thomas Dohmke speaks at the VivaTech technology startup and innovation fair in Paris on June 12, 2025. Mustafa Yalcin | Anadolu | Getty Images Microsoft’s GitHub unit, which is facing a torrent of competition from AI-powered coding tools, is losing its leader, and the company isn’t immediately naming a successor. Thomas Dohmke, who […]
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Musk threatens ‘immediate’ legal action against Apple over alleged antitrust violations
Elon musk and the xAI logo. Vincent Feuray | Afp | Getty Images Elon Musk, the founder of xAI, on Monday threatened Apple with legal action over alleged antitrust violations related to rankings of his AI chatbot app, Grok. “Apple is behaving in a manner that makes it impossible for any AI company besides OpenAI […]
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