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Bank of England narrowly votes to cut interest rates to 4% as balancing act continues
World

Bank of England narrowly votes to cut interest rates to 4% as balancing act continues

Bank of England, the Royal Exchange and the statue of the Duke of Wellington in the City of London on 19th February 2025 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images The Bank of England voted by a fine margin to cut interest rates from 4.25% to 4% on Thursday as the central […]

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The full list of U.S. tariffs in place around the world
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The full list of U.S. tariffs in place around the world

President Donald Trump in the Oval Office of the White House in Washington, Aug. 6, 2025. Bonnie Cash/UPI/Bloomberg via Getty Images After months of policy pivots, delays and negotiations from President Donald Trump, dozens of key U.S. trading partners were hit Thursday with “reciprocal” tariffs on their exports to the country. “IT’S MIDNIGHT!!! BILLIONS OF […]

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Watch CNBC’s full interview with Bank of England Governor Andrew Bailey
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Watch CNBC’s full interview with Bank of England Governor Andrew Bailey

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Andrew Bailey, governor of the Bank of England, discusses the central bank’s narrow vote to cut interest rates, inflation and the uncertainty surrounding future decisions on monetary policy. 11:16 Thu, Aug 7 202511:00 AM EDT Source

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Russia and UAE double down on trade, testing U.S. limits
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Russia and UAE double down on trade, testing U.S. limits

Russia’s President Vladimir Putin shakes hands with United Arab Emirates’ President Sheikh Mohammed bin Zayed al-Nahyan during a meeting in Saint Petersburg, Russia, October 11, 2022. Pavel Bednyakov | Sputnik | via Reuters DUBAI, United Arab Emirates — United Arab Emirates President Mohammed bin Zayed al Nahyan traveled to Russia on Thursday for his second […]

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CNBC’s Inside India newsletter: India’s oil options in a post-Russia world
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CNBC’s Inside India newsletter: India’s oil options in a post-Russia world

This report is from this week’s CNBC’s “Inside India” newsletter. Like what you see? You can subscribe here. The big story If refineries are the oil industry’s children, India’s got plenty of mouths to feed — and U.S. tariff threats over Russian crude are imperiling a distinctly affordable meal ticket. This week, U.S. President Donald Trump […]

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Intel shares drop after Trump calls for CEO to resign immediately
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Intel shares drop after Trump calls for CEO to resign immediately

Intel’s CEO Lip-Bu Tan speaks at the company’s Annual Manufacturing Technology Conference in San Jose, California, U.S. April 29, 2025. Laure Andrillon | Reuters Intel shares were under pressure Thursday after President Donald Trump called for the chipmaker’s CEO to resign immediately. In a Truth Social post, Trump said Intel Chief Executive Lip-Bu Tan “is […]

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India isn’t flinching: Why Trump might be misreading India’s tariff playbook
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India isn’t flinching: Why Trump might be misreading India’s tariff playbook

US President Donald Trump and Indian Prime Minister Narendra Modi hold a joint press conference in the East Room of the White House in Washington, DC, on February 13, 2025. Andrew Caballero-Reynolds | Afp | Getty Images India’s stock market showed little sign of panic a day after the U.S. announced a 50% tariff on […]

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Confused and concerned, CEOs get to grips with Trump’s new tariff regime
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Confused and concerned, CEOs get to grips with Trump’s new tariff regime

A Rolls Royce driving past the entrance of the Jaeger-LeCoultre boutique on Rue du Rhône on August 2, 2025 in Geneva, Switzerland. Robert Hradil | Getty Images News | Getty Images Business leaders are scrambling to get their head around a new era of tariff complexity. The bemused mood among European chief executives on Thursday […]

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Trump’s ‘reciprocal’ tariffs come into effect, hitting dozens of U.S. trading partners
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Trump’s ‘reciprocal’ tariffs come into effect, hitting dozens of U.S. trading partners

U.S. President Donald Trump speaks to reporters ahed of boarding Marine One to depart for New Jersey, at the White House in Washington, D.C., U.S., August 1, 2025. Jonathan Ernst | Reuters U.S. President Donald Trump’s so-called “reciprocal” tariffs took effect on Thursday, imposing higher duties on many of the country’s trading partners’ exports to […]

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Toyota Motor cuts annual operating profit forecast after earnings beat as U.S. tariffs bite
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Toyota Motor cuts annual operating profit forecast after earnings beat as U.S. tariffs bite

A sign with the Toyota logo in Surrey, England on August, 2023 Peter Dazeley | Getty Images News | Getty Images Toyota Motor on Thursday cut its annual operating profit forecast as the world’s largest auto company by sales volumes grapples with U.S. auto tariffs.  Here are Toyota’s results compared with the mean estimates from […]

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