Year: 2025
‘Volatility and conflict’: Business leaders sound warnings over Trump’s tariffs
LONDON — President Donald Trump’s trade tariffs are a major concern among U.S. and international business leaders, with industry titans warning of trouble ahead. Speaking at CNBC’s CONVERGE LIVE in Singapore, Bridgewater founder Ray Dalio warned of “fighting” between countries over the duties. “Tariffs are going to cause fighting between countries … I’m not necessarily […]
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From DeepSeek to job risks: What tech leaders are saying on AI right now
Alibaba’s Chairman Joe Tsai speaking at CNBC’s CONVERGE LIVE event in Singapore on Wednesday. CNBC The future of artificial intelligence is a major topic of conversation among global tech and business leaders at CNBC’s CONVERGE LIVE in Singapore. Numerous executives talked up the potential of AI and discussed how it’s expected to impact the future […]
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Trump’s approach to Ukraine could be ‘very worrying’ for Russia’s neighbors, former UK PM Cameron says
British Foreign Secretary David Cameron speaks during a joint press conference with Albanian Prime Minister after a meeting in Tirana, on May 22, 2024. Adnan Beci | Afp | Getty Images Former U.K. Prime Minister David Cameron on Thursday said he is fearful that U.S. President Donald Trump’s approach to securing peace in Ukraine could […]
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Operation Hope CEO issues a warning on AI: ‘If you don’t bring people with you, they’ll fight you, or worse’
John Hope Bryant, CEO of nonprofit Operation HOPE, speaks during a panel at CNBC’s CONVERGE LIVE on March 12, 2025. John Hope Bryant, CEO of Operation Hope, warned on Wednesday that the risk of jobs being eliminated by artificial intelligence will disproportionately impact those “at the bottom of the pyramid.” He urged governments to invest […]
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Binance secures ‘largest investment ever’ in crypto as Abu Dhabi’s MGX pledges $2 billion
The Binance logo is displayed on a screen in San Anselmo, California, June 6, 2023. Justin Sullivan | Getty Images Emirati state-owned investment firm MGX announced a $2 billion investment into Binance, in what marks the cryptocurrency exchange’s first institutional investment and the “single largest investment” ever paird in crypto. In a joint press release, the firms […]
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CONVERGE LIVE updates: Top executives from Binance, Ferrari and OpenAI to speak on day 2
Guest highlights for Thursday Benedetto Vigna, CEO of Ferrari, speaks during the Reuters NEXT conference, in New York City, U.S., December 10, 2024. Mike Segar | Reuters Former U.K. Prime Minister David Cameron, Ferrari CEO Benedetto Vigna, Binance CEO Richard Teng and LIV Golf CEO Scott O’Neil are among the key speakers scheduled to take […]
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SpaceX scrubs astronaut flight that was to retrieve stuck astronauts
SpaceX Crew-10 commander Anne McClain waves alongside crewmates upon their arrival at the Launch and Landing Facility at the Kennedy Space Center in Cape Canaveral, Florida, on March 7, 2025. The crew, NASA pilot Nichole Ayers, Roscosmos cosmonaut Kirill Peskov, JAXA astronaut Takuya Onish and NASA commander Anne McClain are scheduled to launch March 15 […]
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Meta goes to arbitrator to prevent whistleblower from promoting tell-all book
This photo illustration created Jan. 7, 2025, shows an image of Mark Zuckerberg, CEO of Meta, and an image of the Meta logo. Drew Angerer | Afp | Getty Images Meta is seeking to stop the promotion of a new memoir by a former staffer that paints the social media company in an unflattering light, […]
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Asia-Pacific stocks set to rise after soft U.S. inflation report pushes two Wall Street benchmarks up
Filming an elevated overpass in Shanghai evening on a high-rise building Guowei Ying | Moment | Getty Images Asia-Pacific markets are primed to rise on Thursday after a soft inflation report in the U.S. helped two of the three benchmarks on Wall Street reverse course from two days of losses. The consumer price index — […]
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Judge blocks Trump’s executive order seeking to punish law firm Perkins Coie
U.S. President Donald Trump speaks before signing executive orders in the Oval Office of the White House on March 6, 2025 in Washington, DC. Alex Wong | Getty Images A federal judge blocked President Donald Trump’s administration Wednesday from enforcing portions of an executive order designed to punish a prominent law firm linked to Democratic-funded […]
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