External news
15/04/2025 Online trading platform Webull soars 375% in second day on market after SPAC merger
Webull, which competes with Robinhood, has racked up 23 million users, including some who signed up after receiving stimulus checks.
14/04/2025 Goldman Sachs is about to report first-quarter earnings
Goldman Sachs may prove to be a beneficiary of the recent market environment.
14/04/2025 Goldman Sachs is about to report first-quarter earnings
Goldman Sachs may prove to be a beneficiary of the recent market environment.
11/04/2025 UK economy expands by 0.5% in February, more than expected
U.K. GDP rose by 0.5% on a monthly basis, far more than the 0.1% forecast by analysts.
11/04/2025 How China's exporters are scrambling to mitigate the impact of punishing U.S. tariffs
For China’s exporters, trying to mitigate new U.S. tariffs means raising prices for Americans while diversifying where possible, at home and abroad.
11/04/2025 JPMorgan Chase is set to report first-quarter earnings – here's what the Street expects
JPMorgan Chase will be the first major U.S. bank to report earnings for the most recent quarter in a time of rising economic uncertainty.
11/04/2025 JPMorgan Chase is set to report first-quarter earnings – here's what the Street expects
JPMorgan Chase will be the first major U.S. bank to report earnings for the most recent quarter in a time of rising economic uncertainty.
10/04/2025 Tanking oil prices could more than double Saudi Arabia's deficit to $75 billion and threaten spending plans: Goldman Sachs economist
Saudi Arabia needs oil at more than $90 a barrel to balance its budget. Goldman Sachs this week lowered its Brent crude price forecast for 2025 to $62 a barrel.
09/04/2025 China says it will continue to take 'resolute and forceful' countermeasures as U.S. tariffs kick in
China’s foreign ministry reiterated Wednesday that it will take "resolute and forceful" measures to protect its own interests.
09/04/2025 The oil-rich Gulf states are better-positioned to weather the tariff storm — but crashing crude prices could spell trouble
The countries of the GCC — Saudi Arabia, the UAE, Bahrain, Kuwait, Oman, and Qatar — hold approximately 32.6% of the world’s proven crude oil reserves.
09/04/2025 Wall Street starts to cut China growth forecasts as trade tensions with U.S. escalate
Citi on Tuesday became one of the first investment firms to lower its China growth forecast on escalating trade tensions with the U.S.
08/04/2025 Walmart is facing tariffs and recession fears. It may have a secret weapon to keep growing
Walmart said its Walmart+ members account for about half its e-commerce sales, a key source of revenue as tariffs raise worries about the economy.
08/04/2025 Market turbulence will not impact Mediobanca deal, Monte dei Paschi CEO says
Monte dei Paschi di Siena downplayed the potential impact of ongoing market turbulence on its 13-billion-euro offer for Mediobanca, telling CNBC it expects to complete the deal this summer.
07/04/2025 Bitcoin drops below $80,000 as cryptocurrencies join global market rout
Last week, bitcoin bucked the broader market meltdown, holding above $80,000 and rising to end the week.
07/04/2025 Beijing's strong counter tariffs raise the specter of an intense trade war with Washington
In a shift in tone, China dropped its call for negotiations on trade in a weekend statement that condemned U.S. tariffs.
07/04/2025 French fintech Pennylane doubles valuation to $2.2 billion as Alphabet's venture capital arm takes stake
Accounting software startup Pennylane has raised 75 million euros ($83 million) in a new funding round led by Sequoia Capital.
07/04/2025 Trump is losing the confidence of business leaders, billionaire investor Bill Ackman says
Bill Ackman said that America is heading towards a self-inflicted "economic nuclear winter" as a result of President Donald Trump’s tariff policy rollout.
04/04/2025 El-Erian says U.S. recession risks are now 'uncomfortably high'
"If the U.S. slows down, the rest of the world will slow down more," the veteran economist warned.
04/04/2025 China's cities may see 'flying taxis' as soon as three years, aviation company Ehang predicts
Flying taxis will become a viable transportation method in China, according to a senior executive at Ehang, in another show of Chinese tech innovation.
04/04/2025 China’s response to new U.S. tariffs will likely focus more on stimulus, building trade ties
China’s reaction to new U.S. tariffs will likely focus on domestic stimulus and strengthening ties with trading partners, analysts said.
03/04/2025 European Union vows countermeasures to Trump tariffs if talks fail, von der Leyen says
The EC president said that Trump’s move was a "major blow" to the world economy.
03/04/2025 Trump will 'buckle under pressure' if Europe bands together over tariffs, German economy minister says
U.S. President Donald Trump could change his trade policies if he comes under pressure from trading partners, German economy minister Robert Habeck suggested.
03/04/2025 How did the U.S. arrive at its tariff figures?
The White House Wednesday listed tariff rates for different countries. It didn’t take long for market observers to try and reverse engineer the formula.
03/04/2025 'Absolutely nothing good' coming out of Trump's tariff announcement: Analysts react to latest U.S. levies
Analysts generally had a pessimistic take on the announcement, with some even predicting an increased risk of a recession for the U.S.
03/04/2025 DeepSeek AI excitement spills over to Hong Kong's IPO market
Chinese companies are jumping at a window of opportunity to go public in Hong Kong as global investors start to return to the region.
02/04/2025 Eli Lilly sues two pharmacies making copycat Zepbound, Mounjaro
Eli Lilly is suing Strive Pharmacy and Empower Pharmacy for compounding tirzepatide, the active ingredient in Zepbound and Mounjaro.
02/04/2025 GM's first-quarter U.S. vehicle sales lead industry as automakers braces for tariffs
GM reported a 16.7% jump in U.S. sales compared to the first quarter of 2024, led my incremental gains in sales of new EVs and notable gains in full-size SUVs.
01/04/2025 Klarna's nearing a critical U.S. IPO — and it's the biggest test of CEO Sebastian Siemiatkowski's 20-year rein
Sebastian Siemiatkowski has been CEO of Klarna for 20 years. He now faces his biggest test yet with a U.S. IPO fast approaching.
01/04/2025 Euro zone inflation dips to 2.2% in March as U.S. tariffs loom
Euro zone inflation dipped to 2.2% in March, as expected, according to flash data from statistics agency Eurostat published Tuesday.
31/03/2025 After 20 years at the helm, Klarna CEO Sebastian Siemiatkowski faces his biggest test yet: A U.S. IPO
Sebastian Siemiatkowski has been CEO of Klarna for 20 years. He now faces his biggest test yet with a U.S. IPO fast approaching.
31/03/2025 Goldman Sachs sees Trump tariffs spiking inflation, stunting growth and raising recession risks
A broad, negative impact will be felt in the economy when the new trade moves are enacted, the Goldman economic team believes.
28/03/2025 China’s Xi calls on top executives to help 'uphold global order' as trade tensions with U.S. rise
U.S. President Donald Trump has raised tariffs by 20% on China since January over its alleged role in the U.S. fentanyl crisis, and threatened a swath of new tariffs.
28/03/2025 Pony.ai wins first permit for fully driverless taxi operation in the center of China's Silicon Valley
Chinese robotaxi startup Pony.ai said it has obtained the first permit to charge fares for fully driverless taxis in parts of a business district of Shenzhen.
27/03/2025 Trump's tariffs are making the ECB's interest rate path 'more complicated,' policymaker says
U.S. President Donald Trump’s tariff policies are complicating the path ahead for European Central Bank interest rates, policymaker Pierre Wunsch told CNBC.
27/03/2025 Chinese consumer companies signal spending is picking up again
Chinese companies’ latest earnings reports point to an improvement in consumer spending, though it’s not necessarily back to pre-pandemic levels.
26/03/2025 China's artificial intelligence boom might help mitigate some tariff pain
For Chinese companies wary of U.S. tariffs, the big difference between President Donald Trump’s first and second terms is generative artificial intelligence.
26/03/2025 British businesses pile on the pressure on U.K. Financial Minister Reeves ahead of budget update
Top on the businesses’ list of complaints is a higher employment cost.
25/03/2025 China invites U.S. business leaders to Beijing as it tries to decipher Trump's trade plans
China courted the executives of major U.S. businesses this week in a sign of how Beijing seeks to offset trade pressures, rather than retaliate forcefully.
25/03/2025 Morgan Stanley's near-term rally call: CIO Mike Wilson sees beaten-up Mag 7 stocks as winners
Morgan Stanley CIO Mike Wilson contends the recent market weakness "has nothing to do with tariffs."
24/03/2025 Investors' optimism is growing around the UK economy as U.S.-EU trade disputes mount
However, some say the U.K. is not yet "out of the clear" from President Donald Trump’s sweeping tariff policies.
24/03/2025 Alibaba-affiliate Ant combines Chinese and U.S. chips to slash AI development costs
Alibaba-affiliate Ant Group is using both Chinese and U.S.-made semiconductors to make its AI more efficient, according to a source familiar with the matter.
22/03/2025 London’s Heathrow Airport resumes flights after major fire nearby shuts down travel
London’s Heathrow Airport closed on Friday after a fire at a nearby electrical substation caused a power outage, airport officials said.
21/03/2025 Accenture is DOGE's first corporate casualty as shares dive on warning that contracts will be cut
Shares of Accenture slid more than 7% on Thursday after the consulting firm said tighter federal spending efforts have begun to weigh on its revenues.
21/03/2025 China's property market edges toward an inflection point
UBS analysts on Wednesday became the latest to raise expectations that China’s struggling real estate market is close to stabilizing.
20/03/2025 'Transitory' is back as the Fed doesn't expect tariffs to have long-lasting inflation impacts
Fed officials see inflation moving up this year more rapidly than previously expected, but they also expect the trend to be short-lived.
19/03/2025 Santander says 750 jobs at risk as it pursues UK branch closures
The British unit of Spanish lender Santander on Wednesday said 750 of its staff were at risk of redundancy as it targets 95 branch closures in the U.K.
19/03/2025 Bank of England expected to keep rates on hold amid headwinds it can't fully predict or control
The Bank of England is widely expected to hold interest rates when it meets on Thursday, as the U.K. faces economic headwinds both at home and abroad.
19/03/2025 China is tackling weak consumption with child care subsidies
Among the top five priorities China has laid out for boosting consumption is child care subsidies.
19/03/2025 Trump policies 'promise' an economic downturn, says prominent forecaster in first-ever 'recession watch'
The UCLA Anderson Forecast, citing substantial changes to the economy from policies of the Trump administration, issued its first-ever "recession watch" on Tuesday.
18/03/2025 Slower economic growth is likely ahead with risk of a recession rising, according to the CNBC Fed Survey
The 32 survey respondents, who include fund managers, strategists and analysts, raised the probability of recession to 36% from 23% in January.
18/03/2025 Boeing Starliner astronauts who were supposed to be in space for nine days returning to Earth after nine months on ISS
Two NASA astronauts are heading home on a SpaceX ship after about nine months at the International Space Station.
17/03/2025 OECD cuts U.S. and global economic outlooks as Trump's trade tariffs weigh on growth
Global growth is expected to slow from 3.2% in 2024 to 3.1% in 2025 and 3.0% in 2026, according to the OECD.
17/03/2025 China’s retail sales strengthen at the start of the year, industrial output tops expectations
China’s economic data for the first two months of the year showed a modest pickup as Beijing reiterated its plan to bolster domestic consumption.
14/03/2025 UK economy unexpectedly shrank by 0.1% in January
The U.K.’s economy unexpectedly shrank by 0.1% in January, official figures showed on Friday.
14/03/2025 'Please unleash us,' Europe's telcos urge regulators as industry bangs drum for more mega-deals
CEOs of several European telecoms firms are calling on regulators to make it easier for them to combine their operations with other businesses.
14/03/2025 China's ‘Netflix' iQiyi is set to open a theme park with virtual reality based on its own shows
Chinese videostreaming platform iQiyi plans to open its first theme park this year — the latest company to bet that local consumers will spend on experiences.
12/03/2025 DeepSeek AI cranks open the spigots on Chinese venture capital
DeepSeek’s artificial intelligence breakthrough is stirring up China’s venture capital world after three straight years of decline.
11/03/2025 Ad spending on women's sports more than doubled last year
Ads during women’s sports programs were 40% more impactful than the average primetime advertisement, according to EDO.
11/03/2025 Mainland Chinese investors snap up a record amount of Hong Kong stocks to play AI
Mainland Chinese investors are piling into the Hong Kong stock market at record volumes as its tech-heavy Hang Seng Index trades around three-year highs.
11/03/2025 China's $41 billion plan to boost consumption is just a start as deflationary pressures deepen
Chinese policymakers have increasingly acknowledged the need to counter deflationary pressure at home.
09/03/2025 Goodyear Tire's transformation plan is underway — in the sky and on the ground
Goodyear Tire & Rubber Co. is facing a rapidly changing business with new technologies and increased competition from low-cost countries such as China.
07/03/2025 China calls for 'peaceful coexistence' with the U.S. despite differences
China’s Minister of Foreign Affairs Wang Yi struck a more conciliatory tone on U.S. relations during a high-profile press conference on Friday
06/03/2025 China has more room to act on fiscal policy amid global uncertainties, finance minister says
China has more room to act on fiscal policy amid domestic and external uncertainties, Finance Minister Lan Fo’an told reporters on Thursday.
06/03/2025 China doubles down on AI and tech innovation as Trump ratchets up trade pressure
The undercurrent of China’s annual parliamentary meetings this week is U.S. trade tensions — and how Chinese technology is offsetting that pressure.
05/03/2025 China to raise defense spending by 7.2% in 2025 to ‘firmly safeguard’ national security
China on Wednesday announced it would raise its defense spending by 7.2% this year, seeking to safeguard its security amid mounting geopolitical tensions.
05/03/2025 China targets 'around 5%' growth in 2025 and lays out stimulus measures as trade worries mount
China on Wednesday set its GDP growth target for 2025 at "around 5%" as it starts its annual parliamentary meeting amid escalating trade tensions with the U.S.
05/03/2025 China raises budget deficit target to levels not seen since at least 2010 to shore up growth
China on Wednesday announced plans to raise its fiscal deficit to around 4% of gross domestic product, a rare increase that marks a meaningful shift in policy.
05/03/2025 Executives are willing to pass down higher costs from tariffs to customers, EY-Parthenon economist says
Nearly half of executives polled are willing to pass on two-thirds of increased costs from tariffs to their customers, an EY survey of 4,000 respondents found.
04/03/2025 China retaliates with additional tariffs of up to 15% on some U.S. goods from March 10
China announced Tuesday it would impose additional tariffs of up to 15% on some U.S. goods from March 10 and restrict exports to 15 U.S. companies.
04/03/2025 Target will report earnings before the bell. Here's what Wall Street expects
Target is looking to reclaim its crown in the kingdom of discretionary merchandise after warning of a steep decline in profits late last year.
03/03/2025 Euro zone inflation dips to 2.4% in February as ECB bets point to sixth rate cut
Economists surveyed by Reuters had been expecting inflation to ease to 2.3% in February.
27/02/2025 Nvidia's auto segment revenue surges to record high on demand for driver-assist tech
U.S. chipmaker Nvidia’s auto segment revenue doubled in the latest quarter to its highest on record as demand for driver-assist software picked up.
27/02/2025 Nvidia warns of growing competition from China's Huawei, despite U.S. sanctions
U.S. chip giant Nvidia is increasingly warning investors about competition from Huawei, despite U.S. restrictions on the Chinese telecommunications company.
26/02/2025 The record-breaking run of 'Ne Zha 2' may seem like a surprise. It shouldn't
For someone who’s lived in China since before the pandemic, the success of the animated film "Ne Zha 2" marks more of an industry milestone than a surprise.
25/02/2025 Home Depot will report earnings before the bell. Here's what to expect
Higher interest rates and home prices have challenged Home Depot’s business.
24/02/2025 China's latest action plan shows it's trying to boost foreign investment amid geopolitical tensions
China is trying yet again to boost foreign investment, amid geopolitical tensions and businesses’ calls for more concrete actions.
21/02/2025 Germany’s election will usher in new leadership — but might not turn tides for the country's struggling economy
Friedrich Merz has criticized Olaf Scholz on the economy, but experts question if a government led by the Christian Democratic Union would fare much better.
20/02/2025 Walmart will report earnings before the bell. Here's what to expect
Walmart has factors that could work in its favor, including a growing online business and market share gains from higher-income shoppers.
20/02/2025 Trump says he's weighing giving 20% of DOGE savings to Americans
President Donald Trump revealed Wednesday that he’s considering sending 20% of the money saved by the Department of Government Efficiency to Americans.
18/02/2025 France's 2026 budget to be a 'demanding' undertaking, French economy minister warns
Ironing out the 2026 budget of the euro zone’s second-largest economy will prove a "demanding" task, French Economy Minister Eric Lombard told CNBC.
18/02/2025 Delta plane crashes on landing at Toronto airport, injuring at least 18
A Delta Air Lines flight flipped over after landing at Toronto Pearson International Airport Monday afternoon, and all aboard survived.
13/02/2025 Barclays shares sink 5% as fourth-quarter profit hike and 2025 guidance fail to impress
British bank Barclays posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback.
13/02/2025 Ray Dalio to the Trump administration: Cut debt now or face an 'economic heart attack'
Dalio stressed that governments are responsible, and that leaders should make a pledge to reduce the U.S. budget deficit from 7.5% to 3% of GDP or resign.
13/02/2025 Germany's second-largest lender Commerzbank to cut 3,900 jobs as it unveils new targets
Commerzbank announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of new strategic targets.
13/02/2025 Chinese businesses rush to try DeepSeek AI at 'unprecedented' scale
Chinese businesses are tapping DeepSeek’s newest AI model to see how it can improve productivity.
12/02/2025 Fintech unicorn Zepz to lay off 20% of its global workforce, sources say
London-based fintech Zepz is laying off around 200 IT workers as part of a major redundancy plan, two employees impacted by the move told CNBC.
12/02/2025 Chinese tech giant Baidu to release next-generation AI model this year as DeepSeek shakes up market
Baidu plans to release the next generation of its model for powering generative AI applications in the second half of this year, according to a source familiar with the matter.
11/02/2025 Italy's UniCredit guides 2025 revenue slowdown after fourth-quarter profit beat
Italy’s second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, raising shareholder returns amid market focus on the bank’s M&A overtures.
11/02/2025 BYD shares hit record high after EV maker rolls out driver assistance tech with DeepSeek's AI help
Advanced smart driving will become a standard safety feature similar to seatbelts and air bags, BYD’s founder and chairman Wang Chuanfu said.
11/02/2025 Asian economies scramble to appease Trump as the U.S. president ratchets up tariff threats
Asian economies are striving to avert Trump tariffs as they have hefty trade surpluses with the U.S. and levy much higher duties on imports from the country.
10/02/2025 McDonald's is about to report earnings. Here's what to expect
Shares of McDonald’s have risen just 2% over the past year.
07/02/2025 Some Census Bureau data now appears to be unavailable to the public
Several economists told CNBC’s Steve Liesman that they were unable to access data from the main Census Bureau website on Thursday.
07/02/2025 How one ETF provider is trying to help investors cut exposure to Magnificent 7 stocks
The Astoria Portfolio Advisors CEO warns the S&P 500 is weighted too heavily toward Big Tech.
06/02/2025 China says will protect its own interests in face of U.S. 'bullying'
China has toughened its tone following the Trump administration’s opening salvo of tariffs.
06/02/2025 Huawei revenue rises at fastest pace since 2016 on the back of consumer segment growth
Chinese telecommunications and smartphone giant Huawei continues to grow and take market share from Apple, despite U.S. restrictions.
06/02/2025 Ford CEO calls for 'comprehensive' tariff analysis for all countries
Farley singled out imports from Japan and South Korea that have little to no duties compared to the 25% tariff threatened on Canada and Mexico.
05/02/2025 Barrick to suspend operations in Mali after gold seized
Reuters was first to report that Malian authorities had seized around 3 tons of gold from a mining complex owned […]
The post Barrick to suspend operations in Mali after gold seized appeared first on Reuters News Agency.
05/02/2025 Lilly shares on track for worst day since 2021 after downbeat Zepbound sales forecast
Reuters was two-and-a-half minutes ahead of rivals on Eli Lilly’s unscheduled trading update, which showed fourth-quarter sales of its weight-loss […]
The post Lilly shares on track for worst day since 2021 after downbeat Zepbound sales forecast appeared first on Reuters News Agency.
05/02/2025 Meta warns India antitrust ruling could force roll back of features, hurt business
Reuters was first to report that Meta has warned it may have to “roll back or pause” some features in […]
The post Meta warns India antitrust ruling could force roll back of features, hurt business appeared first on Reuters News Agency.
05/02/2025 How bond vigilantes could check Trump’s power
As Donald Trump takes office on January 20, concerns over ‘bond vigilantes’ in the United States have resurfaced Like Bill Clinton […]
The post How bond vigilantes could check Trump’s power appeared first on Reuters News Agency.