Elon Musk is interviewed on CNBC from the Tesla headquarters in Texas. CNBC Shares of the Elon Musk-led automaker Tesla have rallied in May despite recent poor car sales numbers for the company in China and Europe, as the billionaire CEO promised to focus more on his businesses than politics. Tesla shares are on track…
Ullstein Bild / Getty Images The genocide in what is now Namibia lasted from 1904 to 1908 Dubbed “Germany’s forgotten genocide”, and described by historians as the first genocide of the 20th Century, the systematic murder of more than 70,000 Africans is being marked with a national day of remembrance for the first time in…
Nike shoes are seen in the King of Prussia Mall, as global markets brace for a hit to trade and growth caused by U.S. President Donald Trump’s decision to impose import tariffs on dozens of countries, in King of Prussia, Pennsylvania, U.S., April 3, 2025. Rachel Wisniewski | Reuters Nike will resume selling its products…
Volodymyr Zelensky has accused Russia of “trying to buy time” to continue its war in Ukraine, a day after Donald Trump said progress towards a ceasefire had been made in a call with Vladimir Putin. “If Russia continues to put forward unrealistic conditions and undermine progress, there must be tough consequences,” Ukraine’s president wrote on…
A general view of shoppers is seen in a retail store in Shanghai, China, on May 10, 2025, as China’s CPI declines in April amid a trade war. Ying Tang | Nurphoto | Getty Images China cut its key lending rates by 10 basis points on Tuesday, as Beijing ramps up efforts to boost its…
TEGERNSEE, GERMANY — Top German business leaders, economists and politicians descended onto a small, picturesque Bavarian town situated next to the iconic Tegernsee lake last week to share their hopes and discuss what’s at stake for the new government. Buoyed by recent positive market sentiment for Europe’s largest economy, attendees at the summit were united…
A worker finishes red Santa Claus hats for export at a factory on April 28, 2025, near Yiwu, Zhejiang province, China. Kevin Frayer | Getty Images News | Getty Images BEIJING — The U.S.-China tariff cuts, even if temporary, address a major pain point: Christmas presents. Nearly a fifth of U.S. retail sales last year…
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, D.C., U.S., May 7, 2025. Kevin Lamarque | Reuters History suggests that President Donald Trump’s new “Too Late” nickname for Federal Reserve Chair Jerome Powell has a strong…
Harun Ozalp | Anadolu | Getty Images Bitcoin on Thursday hit its highest level since February and climbing back above the key $100,000 level. The price of the flagship cryptocurrency was last higher by more than 4% at $100,801.04, according to Coin Metrics. The move began overnight after Trump first teased an announcement between the…
A drone attack launched by the paramilitary Rapid Support Forces (RSF) struck a military airport in the city of Port Sudan on Sunday, according to the Sudanese army. It marks the first time RSF attacks have reached the city – the de-facto capital of Sudan’s military-led government – since the conflict between the warring factions…
