US President Donald Trump and Indian Prime Minister Narendra Modi attend “Howdy, Modi!” at NRG Stadium in Houston, Texas, September 22, 2019. Saul Loeb | Afp | Getty Images U.S. President Donald Trump and Indian Prime Minister Narendra Modi voiced optimism about reaching a trade deal on Tuesday, softening rhetoric after months of friction over…
A concept car shows off Qualcomm’s auto technology. The car was on display at the Qualcomm booth at the IAA Mobility show in Munich on September 9, 2025. Arjun Kharpal | CNBC Qualcomm’s self-driving technology developed alongside BMW is expected to spark significant interest from other automakers keen to licence the system, the CEO of…
Wegovy injection pens arranged in Waterbury, Vermont, US, on Monday, April 28, 2025. Shelby Knowles | Bloomberg | Getty Images Danish pharmaceutical giant Novo Nordisk on Wednesday announced plans to cut roughly 9,000 roles. “Novo Nordisk today announced a company-wide transformation to simplify its organisation, improve the speed of decision-making, and reallocate resources towards the…
Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. Aly Song | Reuters BEIJING — Nearly half of U.S. businesses have redirected planned China investments to other regions over the past year — highest on record — the American Chamber…
People visit the US luxury brand Coach store at a shopping mall in Beijing. Adek Berry | Afp | Getty Images China’s consumer prices fell more than expected in August while deflation in factory-gate prices persisted, as calls mounted for Beijing to ramp up measures to bolster sluggish domestic demand and cushion weakening exports growth. The…
Lisa Cook takes the oath of office to serve as a member of the Board of Governors at the Federal Reserve System during a ceremony at the William McChesney Martin Jr. Building of the Federal Reserve May 23, 2022 in Washington, DC. Drew Angerer | Getty Images A federal judge on Tuesday night blocked President…
FILE PHOTO: U.S. President Donald Trump talks to the press on the South Lawn of the White House, in Washington, U.S., September 7, 2025. Annabelle Gordon | Reuters U.S. President Donald Trump has asked the European Union to hit China and India with tariffs of up to 100% over the countries’ Russia oil purchases, in…
The city skyline of Lujiazui Shanghai Center in China, on March 13, 2024. Cfoto | Future Publishing | Getty Images Asia-Pacific markets opened mostly higher Wednesday ahead of key August inflation data from China. The mainland’s August consumer price index is expected to fall 0.2% from the previous year, according to economists polled by Reuters,…
The Supreme Court on Tuesday granted the Trump administration’s request to hear its appeal of lower court rulings that many of President Donald Trump‘s wide-ranging tariffs are illegal. The Supreme Court also agreed with the administration’s request to consider the appeal on a faster-than-normal timeline. The court, in an order, said it would hear oral…
House Ways and Means Committee Chairman Jason Smith said Tuesday he would “respond accordingly” if President Donald Trump’s levies are overturned by the Supreme Court, but stopped short of pledging to move them through Congress. The Republican from Missouri said he has worked with the Trump administration “hand in glove” on tariffs, and he himself…
