World
Where the axe might fall in the UK’s spending review
UK Chancellor of the Exchequer Rachel Reeves at a roundtable meeting during her visit to the British Steel site on April 17, 2025 in Scunthorpe, England. Wpa Pool | Getty Images News | Getty Images The U.K. Treasury is poised to set out day-to-day spending and investment plans for all government departments on Wednesday, with […]
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Microsoft-backed AI lab Mistral is launching its first reasoning model in challenge to OpenAI
French founder of artificial intelligence startup Mistral AI, Arthur Mensch, attends the Viva Technology show at Parc des Expositions Porte de Versailles in Paris, France, on May 22, 2024. Chesnot | Getty Images Entertainment | Getty Images French artificial intelligence firm Mistral is on Tuesday launching its first reasoning model to compete with rival options […]
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Aerospace giant Rolls-Royce to build Britain’s first small modular nuclear reactors
A model of an UltraFan on the Rolls-Royce Holdings Plc stand on day two of the Farnborough International Airshow in Farnborough, UK, on Tuesday, July 23, 2024. Bloomberg | Bloomberg | Getty Images British aerospace group Rolls-Royce on Tuesday received backing from the U.K. government to build the country’s first small modular nuclear reactors. The […]
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Uber taps AI firm Wayve to pilot fully driverless rides in the UK
A delivery van outfitted with Wayve’s autonomous driving software is part of the fleet of vehicles making grocery deliveries across London. Source: Wayve Uber on Tuesday announced it’s partnered with self-driving car technology firm Wayve to launch trials of fully autonomous rides in the U.K. The ride-hailing app said the pilot would be the first […]
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Bulgaria is set to join the euro zone. But its citizens aren’t convinced
A person beats a drum with the euro logo crossed out in red on the drumhead during a demonstration against Bulgaria entering the Eurozone in Sofia on May 31, 2025. Nikolay Doychinov | Afp | Getty Images Bulgaria is set to become the 21st member of the euro zone after receiving sign off from the […]
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Europe to follow global markets higher as China-U.S. trade talks continue in London
British job openings continue steady decline, wage growth cools The ONS’s data also showed this morning that job vacancies in the U.K. fell to 736,000 between March and May — a decline of 63,000 openings, or 7.9%, from the previous three-month period. It marked the 35th consecutive decline in job openings. Meanwhile, average earnings […]
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CNBC Daily Open: ‘Good reports’ from U.S.-China talks could push S&P 500 to new high, analysts say
He Lifeng, China’s vice premier, arrives for trade talks at Lancaster House in London on June 9, 2025. Chris Ratcliffe | Bloomberg | Getty Images Trade negotiators from the U.S. and China have met in London, and talks are expected to continue Tuesday, a source familiar with the situation told CNBC’s Megan Casella. It seems […]
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Huawei chips are one generation behind U.S. but firm finding workarounds, CEO says
Logo of Huawei at the Mobile World Congress 2024. Ramon Costa | SOPA Images | Lightrocket | Getty Images Huawei Technologies’ chips are one generation behind those of U.S. peers but the firm is finding ways to improve performance through methods such as cluster computing, Chinese state media quoted CEO Ren Zhengfei as saying on Tuesday. The chipmaker invests 180 billion yuan ($25.07 billion) in research annually and […]
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CNBC Daily Open: If U.S.-China talks go well, analysts think the S&P 500 could hit new high
U.S. Treasury Secretary Scott Bessent (center) at Lancaster House in London, U.K., on Monday, June 9, 2025. Chris Ratcliffe | Bloomberg | Getty Images Trade negotiators from the U.S. and China have met in London, and talks are expected to continue Tuesday, a source familiar with the situation told CNBC’s Megan Casella. At the top […]
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Asia-Pacific markets climb as investors await details of U.S.-China trade talks
Aerial view by drone of Tokyo Cityscape with Tokyo Sky Tree visible in Tokyo city, Japan on sunrise. pongnathee kluaythong | Moment | Getty Images Asia-Pacific markets climbed Tuesday as investors awaited further details on the U.S.-China trade talks, which were slated to continue for a second day. Officials from both countries held trade talks in […]
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