World
Trump announces U.S. trade deal with Vietnam
A worker stitches apparels at a garment factory in Vietnam’s Thai Nguyen Province on July 2, 2025. Nhac Nguyen | Afp | Getty Images President Donald Trump said Wednesday that the United States has struck a trade deal with Vietnam. Trump’s Truth Social post announcing that deal provided no additional information, but assured that more […]
Read More
UK government borrowing costs spike amid tensions in ruling Labour party
Britain’s Prime Minister Keir Starmer speaks on the phone to U.S. President Donald Trump at a car factory in the West Midlands, Britain, Thursday, May 8, 2025. Alberto Pezzali | Via Reuters U.K. government borrowing costs spiked on Wednesday, amid mounting signs of division within the governing Labour party. The yield on benchmark 10-year government […]
Read More
A bare-bones deal is Europe’s best hope in trade talks with the U.S., sources say
The EU and US flags flutter next to the military hub for Ukraine, in Jasionka, south-east Poland on March 6, 2025. Sergei Gapon | Afp | Getty Images The clock is ticking in trade talks between Washington and the European Union, with European officials now saying their best hope is striking a “political” deal before […]
Read More
London stock market could face its biggest blow yet if AstraZeneca exits
AstraZeneca CEO Pascal Soriot, pictured in London on June 28, 2023, reportedly wants to move the company’s stock listing from London to the United States. Justin Tallis | Afp | Getty Images Pressure is piling on London’s stock exchange, with reports that British pharma giant AstraZeneca may move its listing to the U.S. delivering yet […]
Read More
Pentagon halts weapons shipment to Ukraine amid concerns over U.S. stockpile
Defense Secretary Pete Hegseth has ordered a pause in sending a shipment of missiles and ammunition to Ukraine amid concern about the U.S. military’s stockpiles, according to two defense officials, two congressional officials and two sources with knowledge of the decision. Hegseth ordered the delay weeks after he issued a memo ordering a review of […]
Read More
Santander doubles down on UK presence amid Spain’s banking M&A turmoil
A sign hangs from a branch of Banco Santander in London, U.K., on Wednesday, Feb. 3, 2010. Simon Dawson | Bloomberg via Getty Images In one move, Santander has silenced months of speculation over it’s allegiance to the British high street – and complicated a year-long consolidation saga in Spain’s banking sector. On Tuesday, Spain’s […]
Read More
CNBC’s The China Connection newsletter: A slowing economy meets a fast future
Employees at a coal mine in China’s Shaanxi province sit in an office to use digital systems for mining work, according to a photo taken on April 26, 2023, during a media tour organized by Chinese telecoms giant Huawei. Wang Zhao | Afp | Getty Images This report is from this week’s CNBC’s The China […]
Read More
UK’s popular sausage roll seller plunges 15% as heatwave hurts sales
Tourists and domestic visitors in the West End at Leicester Square outside the Greggs bakery which is known as the Mega Greggs on 28th July 2024 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images U.K. high-street baker Greggs, famed for its sausage rolls and hot savoury bakes, warned on Wednesday that […]
Read More
National Grid failures led to fire that caused Heathrow shutdown, report says
Workers on the way of investigate electrical substation following a fire at an electrical substation supplying power to the facility, in London, United Kingdom on March 21, 2025. Rasid Necati Aslim | Anadolu | Getty Images A fire that shut Heathrow airport in March, stranding thousands of passengers, was caused by National Grid’s failure to […]
Read More
Wind power firms Vestas and Orsted jump on U.S. bill update
European markets open higher European stock markets moved higher in early Wednesday deals, with the Stoxx 600 index up 0.35% shortly after the open. Mining and banking stocks are leading gains, both up around 1.2%. Stock Chart IconStock chart icon Stoxx 600 index. Danish wind turbine makers Vestas and Orsted have jumped 8.4% and 5%, […]
Read More