World
‘Tariff engineering’ is making a comeback as businesses employ creative ways to skirt higher duties
Colorful display of All Star Converse sneakers in shoe store, Manhattan, New York. Lindsey Nicholson | Universal Images Group | Getty Images Would you be bothered if your coat was officially classified as a windbreaker or a raincoat, or your shoes as slippers? Businesses do care though, as classifications under a preferred category can help […]
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Miscalculation by Spanish power grid operator REE contributed to massive blackout, report finds
Employees stand inside a supermarket without lights in Burgos on April 28, 2025, during a massive power cut affecting the entire Iberian peninsula and the south of France. Cesar Manso | Afp | Getty Images Spanish grid operator REE’s failure to calculate the correct mix of energy was one of the factors hindering the grid’s […]
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CNBC’s The China Connection newsletter: Chinese exporters increasingly need to build brands to survive
JINHUA, CHINA – JUNE 16: Employees of a cross-border e-commerce enterprise sort and package express parcels in preparation for the 618 Shopping Festival on June 16, 2025 in Jinhua, Zhejiang Province of China. (Photo by Yang Meiqing/VCG via Getty Images) Vcg | Visual China Group | Getty Images This report is from CNBC’s The China […]
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UK inflation lingers at 3.4% in May, bolstering case for interest rate hold
Bags of potatoes grown in the United Kingdom at the D & F McCarthy Ltd. fresh fruit and vegetable wholesaler in Norwich, UK, on Tuesday, Feb. 28, 2023. An acute shortage of salad items on UK supermarket shelves has sparked a political debate, with some people in the industry blaming Brexit while others say its […]
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CNBC’s UK Exchange newsletter: A quantum quandary for the UK government
This report is from this week’s CNBC’s UK Exchange newsletter. Each Wednesday, Ian King brings you expert insights on the most important business stories from the U.K. and the key personalities shaping the news. The newsletter will also highlight other key developments in the U.K. that you won’t want to miss, plus a preview of […]
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General Mills to remove artificial colors from all its U.S. cereals and foods
Boxes of sugary cereal, including those from General Mills, fill a store’s shelves on April 16, 2025, in Miami, Florida. Joe Raedle | Getty Images General Mills said on Tuesday it would remove artificial colors from its full U.S. retail portfolio by the end of 2027. The Cheerios maker also said it would remove synthetic dyes from […]
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CNBC Daily Open: Trump’s social media posts crush hopes of an Israel-Iran ceasefire
U.S. President Donald Trump speaks to reporters aboard Air Force One after departing early from the the G7 summit in Canada to return to Washington, June 17, 2025. Kevin Lamarque | Reuters Hopes of a quick ceasefire between Israel and Iran were dashed by several social media posts from U.S. President Donald Trump. As he […]
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Japan exports fall at sharpest pace in 8 months as U.S. shipments plummet
Shipping container loads dock at Tokyo Bay. Japan is heavily reliant on exports (e.g., automobiles, electronics), faces risks from U.S. tariffs, especially on cars (a proposed 25% tariff during Trump’s first term was deferred but remains a concern). Higher tariffs could reduce Japan’s U.S. market access, increase consumer prices, and hurt GDP growth. However, Japan’s […]
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Asia-Pacific stock markets are set to open lower as Iran-Israel conflict dents investor sentiment
View of the Skytree from Ueno and Asakusa in Tokyo Jackal Pan | Moment | Getty Images Asia-Pacific markets were set to fall Wednesday, as escalating tensions between Israel and Iran weigh on investor sentiment. Adding fuel to fire, U.S. President Donald Trump is weighing a military strike on Iran, while demanding the country’s leader […]
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Monopoly maker Hasbro cuts 3% of total workforce amid higher tariff costs
The Hasbro Inc. logo is seen on a toy for sale in a store in Manhattan, New York, on Nov. 16, 2021. Andrew Kelly | Reuters Toy seller Hasbro has cut 3% of its global workforce in its latest cost-cutting effort amid higher U.S. tariffs on toys from China. The job cuts amount to about 150 employees. According […]
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