The General Motors headquarters inside the Renaissance Center in Detroit on April 15, 2024. Jeff Kowalsky | Bloomberg | Getty Images General Motors and Hyundai Motor on Wednesday outlined plans to develop five vehicles as they seek to lower costs amid growing competition from nimble Chinese rivals. Four of the vehicles — a compact SUV/car/…
U.S. equity futures ticked up in early Asia hours Here are the opening calls for the day Good morning from Singapore. Investors will be keeping a close watch on chip stocks following U.S. President Donald Trump’s vow to impose 100% tariffs on imported semiconductors and chips, unless they are made by companies “building in the…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 6, 2025. Jeenah Moon | Reuters Stock futures inched higher Wednesday night as traders mulled over President Donald Trump’s announcement of a new steep tariff on imports of semiconductors and chips. Futures tied to the Dow Jones…
Technicians stand next to an oil rig which is manufactured by Megha Engineering and Infrastructures Limited (MEIL) at an Oil and Natural Gas Corp (ONGC) plant, during a media tour of the plant in Dhamasna village in the western state of Gujarat, India, August 26, 2021. Amit Dave | Reuters U.S. President Donald Trump added…
Bern Skyline taken from the Rosengarten at sunrise in Switzerland. Church centre: Nydeggkirche Cathedral right: Berner Münster Bridge left: Nydeggbrücke Joe Daniel Price | Moment | Getty Images Switzerland is scrambling to make a trade deal with Washington as it looks to avoid a “triple blow” of economic problems after being hit with 39% tariffs…
Patent protection for Wegovy — Novo Nordisk’s blockbuster weight loss drug, which contains the second generation GLP-1 active ingredient and is at least twice as effective — is expected to expire by the decade’s end. Michael Siluk | UCG | Getty Images Novo Nordisk said Thursday that its blockbuster weight-loss drug Wegovy could receive expanded…
This report is from this week’s CNBC’s UK Exchange newsletter with Ian King. Like what you see? You can subscribe here. The dispatch It has already been a gripping cricketing summer in England. A fiercely fought series of five Test matches with India — global cricket’s financial powerhouse — came to an end earlier this week…
U.S. President Donald Trump says the European Union ‘s $750 billion energy pledge will help to revitalize the world’s largest economy, although analysts question whether the 27-nation bloc’s target is in keeping with market reality. Speaking to CNBC’s ” Squawk Box ” on Tuesday morning, Trump lauded recent trade deals with both the EU and…
U.S. President Donald Trump speaks to members of the media on the South Lawn of the White House in Washington, U.S., on Friday, Aug. 1, 2025. Aaron Schwartz | Bloomberg | Getty Images U.S. President Donald Trump joined CNBC’s “Squawk Box” Tuesday for a lengthy interview that touched on tariffs, the Federal Reserve, the state…
Members of the Indian Youth Congress protest against the Modi government’s silence on the 26% tariff imposed by U.S. President Donald Trump in New Delhi, India, on April 5, 2025. Amarjeet Kumar Singh | Anadolu | Getty Images In February, U.S. President Donald Trump and Indian Prime Minister Narendra Modi exchanged warm greetings and bear…
