World
Trump aims to exceed first term’s weapons sales to Taiwan, Reuters reports
The American flag, left, and the Taiwanese flag in Taipei, Taiwan, on Thursday, Feb. 22, 2024. I-Hwa Cheng | Bloomberg | Getty Images The United States plans to ramp up weapons sales to Taipei to a level exceeding President Donald Trump’s first term as part of an effort to deter China as it intensifies military pressure on the democratic island, according to two […]
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CNBC Daily Open: Definite tariffs could be better for markets than on-and-off ones
Cranes at the Port of Los Angeles are empty of cargo ships, in San Pedro California, U.S., May 13, 2025. Mike Blake | Reuters A U.S. federal trade court striking down President Donald Trump’s “reciprocal” tariffs on a broad swathe of countries seems, on the surface, a positive development all around. A lack of tariffs […]
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Stock futures slip as investors await more trade news and fresh inflation data: Live updates
Traders work on the floor at the New York Stock Exchange on March 26, 2025. Brendan McDermid | Reuters Stock futures inched lower on Thursday night as investors continue to navigate a volatile global trade landscape. Futures tied to the Dow Jones Industrial Average pulled back 63 points, or 0.1%. S&P 500 futures fell 0.2%, […]
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Asia-Pacific markets set to open lower as weakness in the U.S. dents investor sentiment
A HDR evening shot taken at sunset of the Tokyo skyline. Fgm | E+ | Getty Images Asia-Pacific markets were set to decline Friday, with a slowing U.S. economy, inflation fears and uncertainties from the judicial developments surrounding U.S. President Donald Trump’s “reciprocal” tariffs weighing on investor sentiment. The U.S. Court of International Trade ruled […]
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A ‘perfect storm’ has set this sector up to benefit if Trump’s tariffs go ahead, Bank of America says
U.S. President Donald Trump’s tariffs regime has rocked international markets in recent weeks, sparking massive selloffs and rallies in stocks across the globe. Certain tariff-sensitive stocks, such as those in the autos, mining and pharmaceuticals sectors, have seen particularly volatile trade. In a Wednesday ruling , however, the U.S. Court of International Trade blocked the […]
Read MoreThis start-up is lowering the chances of passing on life-threatening diseases to your children—but it will cost you
Biotech start-up Orchid is one of the few companies offering in-vitro fertilisation (IVF) patients the option to screen their embryos for severe genetic diseases before their pregnancy begins. “This technology is going to totally reshape how people have children,” Orchid’s CEO Noor Siddiqui told CNBC’s The Edge in an interview. “I think it’s going to […]
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Trump administration emerges as a staunch defender of Germany’s far-right AfD
US Vice President JD Vance attends a meeting of the White House Task Force on the FIFA World Cup 2026, in the East Room of the White house in Washington, DC, on May 6, 2025. The soccer world championship will take place from June 11 to July 19, 2026, and will be hosted by the […]
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Musk-Altman AI rivalry is complicating Trump’s dealmaking in Middle East
Sam Altman, CEO of OpenAI, is seen through glass during an event on the sidelines of the Artificial Intelligence Action Summit in Paris, Feb. 11, 2025. Aurelien Morissard | Via Reuters Elon Musk tried to derail a major artificial intelligence infrastructure deal in the Middle East after learning that his startup, xAI, would be excluded […]
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Fed Chair Powell told Trump in Thursday meeting that rate decisions would be based on ‘non-political’ analysis
President Donald Trump met Thursday with Federal Reserve Chair Jerome Powell amid the president badgering the central bank for lower interest rates. The central bank confirmed in a release that the meeting occurred, stressing that the future path of monetary policy was not discussed. “At the President’s invitation, Chair Powell met with the President today […]
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Amazon taps Xbox co-founder to lead new team developing ‘breakthrough’ consumer products
Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, U.S., February 26, 2025. Brendan Mcdermid | Reuters Amazon‘s devices unit has a new team tasked with inventing “breakthrough” consumer products that’s being led by a former Microsoft executive who helped create the Xbox. The ZeroOne team is spread across […]
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