Premium collection of dark, milk and white chocolates. Anna Kurzaeva | Moment | Getty Images U.S. buyers of Swiss products, from luxury watches and skincare to artisan chocolates, could soon face sharp price rises if negotiators are unable to strike a deal to avert 39% tariffs due to come into effect on Thursday. The announcement…
Tesla vehicles are parked outside of a dealership on July 24, 2025 in Austin, Texas. Brandon Bell | Getty Images Tesla‘s new car sales plummeted in both Britain and Germany in July, according to industry data published Tuesday, extending a protracted European downturn for the U.S. electric automaker. Data published by the U.K.’s Society of…
Why investors have welcomed Diageo’s results Diageo shares have pared gains, last trading around 3% higher as investors digest the drinks maker’s earnings report. CNBC’s Karen Tso dives into the details. Infineon up 5% as CFO says tariff impact less severe than thought Shares of Infineon are up 5% after the German semiconductor beat on…
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 The U.S. Bureau of Labor Statistics’ July’s jobs report revised previous months’ figures down so dramatically that U.S. President Donald Trump on Monday…
Trowbridge in Somerset, England, on March 15, 2025. Anna Barclay | Getty Images News | Getty Images Britain’s BP on Tuesday posted stronger-than-expected second-quarter profit, following a period of heightened volatility for global oil and gas prices. The struggling energy major reported underlying replacement cost profit, used as a proxy for net profit, of $2.35…
A little-known regulatory proposal taking shape in the United States could deliver a welcome boost to Europe’s stock exchanges, which have been struggling for years to stem an exodus of companies to New York. The Securities and Exchange Commission is in the early stages of a proposal to tighten the rules for foreign companies that…
The United States is launching a pilot program that could require some inbound travelers to pay bonds of up to $15,000 to enter. The 12-month program is aimed, in part, at visitors from countries with historically high visa overstay rates, according to an unpublished temporary final rule posted in the Federal Register on Tuesday….
The Intel logo is displayed on a sign in front of Intel headquarters on July 16, 2025 in Santa Clara, California. Justin Sullivan | Getty Images Fitch downgrading U.S. chipmaker Intel’s credit rating by one notch Monday, according to a note by the ratings agency, which assigned a negative outlook to Intel’s rating. Fitch downgraded Intel to BBB from BBB-plus, placing it just two notches shy…
U.S. President Donald Trump speaks to reporters near Air Force One at the the Lehigh Valley International Airport on August 03, 2025 in Allentown, Pennsylvania. Anna Moneymaker | Getty Images The U.S. Bureau of Labor Statistics’ July’s jobs report revised previous months’ figures down so dramatically that U.S. President Donald Trump called it “RIGGED” and…
South Korea July consumer inflation rise 2.1% from a year earlier, as expected South Korea’s consumer prices rose 2.1% in July from a year earlier, slightly slower than the rise of 2.2% in June, government data showed on Tuesday. On a monthly basis, the consumer price index rose 0.2%, the fastest in four months, after no…
