Flush with cash from a period of resilient earnings, a growing number of European companies are shunning high-stakes deals in favor of smaller and targeted “bolt-on” acquisitions to pursue growth. Executives from industrial giants to consumer goods firms are deploying capital on strategic deals designed to snap up competitors and acquire technologies instead of staking…
US President Donald Trump speaks during a news conference to discuss crime in Washington, DC, in the Brady Press Briefing Room at the White House in Washington, DC, on August 11, 2025. Jim Watson | AFP | Getty Images The heaviest of U.S. President Donald Trump’s “reciprocal” tariffs — a full 145% on imports of…
US President Donald Trump and Ukraine’s President Volodymyr Zelenskyy meet in the Oval Office of the White House in Washington, DC, Feb. 28, 2025. Saul Loeb | AFP | Getty Images Sidelined from forthcoming talks between Russian President Vladimir Putin and U.S. President Donald Trump to negotiate an end to the war, Ukraine has warned…
U.S. President Donald Trump in the Oval Office at the White House in Washington, D.C., on Aug. 6, 2025. Jonathan Ernst | Reuters The heaviest of U.S. President Donald Trump’s “reciprocal” tariffs — a full 145% on imports of Chinese goods — was, once again, delayed for another 90 days. The move should be a…
The U.S. and China agreed to extend the tariff truce for another 90 days — major sticking points are holding up a deal, and both sides are planning a leaders’ summit later this year to break the impasse. Hours before the higher tariffs were set to kick in, the two countries on Monday announced the…
Australia’s central bank said on Wednesday that monetary policy was restrictive with the current cash rate causing financial pain for many households, but it could not rule out further tightening if necessary to tame inflation. Pavlo Gonchar | Lightrocket | Getty Images Australia’s central bank cut its policy rate by 25 basis points on Tuesday,…
Resorts World Sentosa will “be ready” when Singapore’s Gambling Regulatory Authority considers its casino license renewal in 2026, the company’s CEO Lee Shi Ruh told CNBC late last month. In November 2024, Singapore’s gambling agency announced it was renewing the integrated resort’s casino license for two years, instead of three, citing “unsatisfactory” tourism performance from…
GitHub CEO Thomas Dohmke speaks at the VivaTech technology startup and innovation fair in Paris on June 12, 2025. Mustafa Yalcin | Anadolu | Getty Images Microsoft’s GitHub unit, which is facing a torrent of competition from AI-powered coding tools, is losing its leader, and the company isn’t immediately naming a successor. Thomas Dohmke, who…
Elon musk and the xAI logo. Vincent Feuray | Afp | Getty Images Elon Musk, the founder of xAI, on Monday threatened Apple with legal action over alleged antitrust violations related to rankings of his AI chatbot app, Grok. “Apple is behaving in a manner that makes it impossible for any AI company besides OpenAI…
European defense stocks could be set for another big tailwind, according to an analyst who says the sector is about to see a surge in demand from one particular pocket of the market. Speaking to CNBC’s “Squawk Box Europe” on Thursday, Ben Heelan, Bank of America’s head of EU industrials research, said his team expects…
