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Big Tech split? Google to sign EU's AI guidelines despite Meta snub

The code provides guidance on how to meet the requirements of the EU’s landmark AI Act.

Industry In a week

Treasury yields hold steady as investors await Fed rate decision

U.S. Treasury yields held steady on Wednesday as investors keenly awaited the Federal Reserve’s interest rate decision as well as a batch of economic…

Industry In a week

10-year Treasury yield rises on strong GDP report ahead of Fed decision

U.S. Treasury yields held steady on Wednesday as investors keenly awaited the Federal Reserve’s interest rate decision as well as a batch of economic…

Industry In a week

Adidas to raise prices as US tariffs cost €200m

The German sportswear giant sources most of its products from Vietnam and Indonesia.

Industry In a week

Adidas slumps 6% as sportswear giant warns tariffs to drive up U.S. prices

The world’s second-largest sports retailer said that added costs associated with tariffs could total 200 million euros ($231 million) in the second half…

Industry In a week

Adidas slumps 9% as sportswear giant warns tariffs to drive up U.S. prices

The world’s second-largest sports retailer said that added costs associated with tariffs could total 200 million euros ($231 million) in the second half…

Industry In a week

Adidas slumps 7% as sportswear giant warns tariffs to drive up U.S. prices

The world’s second-largest sports retailer said that added costs associated with tariffs could total 200 million euros ($231 million) in the second half…

Industry In a week

Chemical giant BASF says indirect effects' of tariffs are squeezing demand and profits

Join CNBC for the latest news on what’s moving European markets.

Industry In a week

Porsche shares rise 3% as CEO says ongoing challenges are not a storm that will pass'

Join CNBC for the latest news on what’s moving European markets.

Industry In a week

UBS posts net profit beat as market volatility boosts trading

Group invested assets soared on the back of increases in the lender’s global wealth management and corporate units.

Industry In a week

HSBC announces $3 billion share buyback after second-quarter profit misses estimates

CEO Georges Elhedery flagged “structural challenges” to the global economy that have caused uncertainty and market volatility, citing…

Industry In a week

HSBC announces $3 billion share buyback after second-quarter profit plunges 29%, missing expectations

It reported profit before tax for the three months ended in June of $6.3 billion, down 29% from a year ago.

Industry In a week

South Korea's LG Energy Solution signs $4.3 billion battery supply deal with undisclosed party

LG Energy Solution has announced a $4.3 billion contract to supply lithium iron phosphate batteries to an undisclosed customer.

Industry In a week

The Fed is unlikely to cut rates Wednesday, but this meeting is packed with intrigue

Considering nothing is likely to happen when it comes to major policy decisions, the meeting promises several fascinating subplots.

Industry In a week

Australia's second-quarter inflation drops to lowest since March 2021, supporting case for rate cut

This was lower than the 2.2% expected by economists polled by Reuters, and is almost touching the lower band of the 2%-3% target set by the RBA

Industry 07-30

Singapore holds monetary policy, flags slowdown in second half of the year

This comes after DPM Gan Kim Yong said the U.S. was “non-committal” on whether the level of tariffs will remain at 10% for Singapore imports into…

Industry 07-30

Singapore warns of slowdown in second half of the year as it keeps monetary policy steady

This comes after DPM Gan Kim Yong said the U.S. was “non-committal” on whether the level of tariffs will remain at 10% for Singapore imports into…

Industry 07-30

Asia markets set to fall as U.S. trade talks with China hang in the balance

Asia-Pacific markets are expected to fall as U.S. Commerce Secretary Howard Lutnick affirmed that President Donald Trump’s upcoming Friday deadline to…

Industry 07-30

Stock futures are little changed as investors analyze earnings, await Fed rate decision: Live updates

The S&P 500 snapped a win streak on Tuesday.

Industry 07-29

Starbucks same-store sales fall again, but CEO Niccol says turnaround is ahead of schedule

Shares of Starbucks have risen roughly 1% this year. The company has a market cap of more than $106 billion.

Industry 07-29
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