US president says Iranian supreme leader’s alleged ‘anger, hatred, disgust’ led him to drop work on sanctions relief. President Donald Trump has hit out at Ayatollah Ali Khamenei’s claim that Iran won its recent 12-day war with Israel, also saying the United States will “absolutely” bomb the country again if it pursues nuclear weapons. The…
Iran’s defense minister has made his first overseas visit since a deadly 12-day conflict with Israel, traveling to China for a gathering of top military officials from the Shanghai Cooperation Organisation (SCO), a regional security bloc led by Beijing and Moscow. The visit, amid ongoing volatility in the Middle East, signals Tehran’s determination to deepen…
Nike has said it will cut its reliance on production in China for the United States market to mitigate the impact from US tariffs on imports, and forecast a smaller-than-expected drop in first-quarter revenue. The sportswear giant’s shares zoomed 15 percent at the opening bell on Friday morning after it announced the change in conjunction…
Next week kicks off a new trading month as well as the back half of 2025, and Wall Street will be watching to see if stocks keep up their recent momentum. Stocks have made a massive comeback after seeing steep declines in early April, when investor anxiety around President Donald Trump’s sweeping tariff policy put…
The United States has reached an agreement with China on accelerating shipments of rare earth minerals to the US, amid efforts to end a trade war between the world’s two biggest economies. US President Donald Trump said on Thursday that the US had signed a deal with China the previous day, without providing more details,…
Iran’s Foreign Minister Abbas Araghchi has publicly stated that recent U.S. and Israeli airstrikes inflicted serious damage on Iran’s nuclear sites, a sharp contrast to the downplaying by Supreme Leader Ali Khamenei and one early U.S. intelligence assessment that was leaked to media. Araghchi said key nuclear facilities suffered significant harm and that Tehran is…
China’s Ministry of Commerce says the two sides “further confirmed the details of the framework.” President Donald Trump says the United States and China have signed a trade agreement amid efforts to end a trade war between the world’s biggest economies. “We just signed with China the other day,” Trump said during an event at…
Jerry O’Callaghan, former chairman of JBS SA, center, speaks with a trader on the floor of the New York Stock Exchange in New York, U.S., on Wednesday, June 25, 2025. Michael Nagle | Bloomberg | Getty Images I am Spriha Srivastava, CNBC International’s executive editor for digital, and I am writing to you today from…
Traders work at the New York Stock Exchange on June 23, 2025. NYSE S&P 500 futures sat near flat Thursday night with investors on all-time high watch and awaiting inflation data. Futures tied to the broad index traded around their flatline, as did Nasdaq 100 futures. Dow Jones Industrial Average futures added 33 points, or…
The remarks show how the mood has changed across the bloc on the potential pact it hopes to agree with the Donald Trump administration. Brussels at first trashed the agreement that London struck with Washington, but now the EU is coming to terms with the prospect that keeping a 10 percent baseline tariff is the…