timef 05/26/2025
- Sweden's Volvo Cars to cut 3,000 jobs as part of major cost-cutting drive cnbc.com2025-05-26 19:25:45
The move comes after the company announced an 18 billion Swedish kronor ($1.89 billion) cost and cash action plan late last month.
- ‘Buckle up, this ride’s far from over': Trump’s EU tariffs delay is no guarantee trade tensions won't escalate, market watchers say cnbc.com2025-05-26 19:06:23
Investors are being warned to "buckle up" for more volatility after U.S. President Donald Trump delayed the roll out of 50% tariffs on the European Union.
- European stocks open higher after Trump delays 50% tariffs on EU cnbc.com2025-05-26 15:22:00
European shares opened in positive territory on Monday.
- CNBC Daily Open: Trump's proposed EU tariffs didn't seem to worry investors much cnbc.com2025-05-26 14:30:02
The danger of tariffs is still present, but other risks could cast a longer shadow over markets.
- China's BYD sees shares plunge 8% as EV maker cuts prices cnbc.com2025-05-26 14:01:24
Citi estimates that BYD's price reduction may have seen a 30% to 40% spike in footfall at its dealership store on May 24 and 25, from the previous weekend.
- Xiaomi takes aim at Tesla's bestselling car in China with its longer-range YU7 cnbc.com2025-05-26 13:44:30
Xiaomi late on Thursday revealed its YU7 SUV and claimed it would have a driving range of at least 760 kilometers (472 miles) on a single charge.
- Businesses are finding a workaround for tariffs — and it's entirely legal cnbc.com2025-05-26 13:04:41
The "first sale rule" is a concept in U.S. customs law that allows importers to use the lowest cost of a good to calculate duties.
- Chinese tech giants reveal how they're dealing with U.S. chip curbs to stay in the AI race cnbc.com2025-05-26 13:03:53
Tencent and Baidu said stockpiling chips, optimizing AI models and using home-grown semiconductors have helped them progress with the tech.
- CNBC Daily Open: Investors don't feel as threatened by Trump's tariffs cnbc.com2025-05-26 09:26:37
The danger of tariffs is still present, but other risks could cast a longer shadow over markets.
- Here's how many fake reviews Tripadvisor found on its website in 2024 cnbc.com2025-05-26 07:27:21
Around 8% of the 31.1 million reviews submitted to Tripadvisor in 2024 were fake. That's twice the number detected in 2022, according to a company report.
- European insurance giants take $3.5 billion hit from Los Angeles wildfires — beating estimates cnbc.com2025-05-26 07:10:55
CNBC's tally would leave European companies on the hook for nearly a tenth of total insured losses from Los Angeles wildfires.
- Trump delays 50% tariffs on EU to July 9 cnbc.com2025-05-26 06:59:34
President of the European Commission Ursula Von der Leyen said that she had a "good call" with Trump, but needed until July 9 to "reach a good deal."
- Summer 2025 is a 'perfect storm for cheap flights,' expert says: 5 destinations that won't break the bank cnbc.com2025-05-26 00:00:01
There are still great deals available if you're looking to book summer travel.
- The No. 1 country Americans want to move to most, says survey of over 100,000 people cnbc.com2025-05-24 02:54:24
Over 116,000 Americans visited the Expatsi website to research moving abroad in 2024. Popular destinations include Canada, Spain, and the UK.
