A Pony.ai AION robot taxi is displayed during the 21st Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center in Shanghai on April 23, 2025. Wang Zhao | Afp | Getty ImagesAutonomous driving firms Pony.ai and WeRide have received approval from China’s securities regulator for secondary listings in Hong Kong, as the companies look to raise funds and continue their global expansion. The China Securities Regulatory Commission announced Tuesday that both companies had filed to issue and list shares in Hong Kong. Chinese companies seeking a foreign listing are required to file an application with the CSRC in advance,…
Author: usaeverydaylife
So we’re here outside the U.S. embassy compound in Tehran. Here we have an apple with the CNN logo. The Twin Towers interspersed with the dollar sign. The Statue of Liberty. This is one of the most photographed walls, probably in all of Tehran. Americans know this as the former U.S. compound. But to Iranians, this is known as the “U.S. Den of Espionage Museum.” And of course, what happened here is at the root of the hostility between the U.S. and Iran for over four decades, a hostility that escalated recently. In June, Israel and the U.S. launched strikes…
A surge in artificial intelligence infrastructure spending is lifting GDP and driving market optimism, but some experts warn the boom could be concealing underlying economic weakness.Global AI investment is forecast to reach $375 billion in 2025 and top $500 billion by 2026, according to UBS. That flood of capital is reshaping how and where money is flowing across the economy.”It’s the start of trillions being spent in this build out of the fourth Industrial Revolution,” said Dan Ives, managing director at Wedbush Securities.”Big tech right now is doing the equivalent of building Vegas in the 1950s where there was just…
CHISWICK, ENGLAND – OCTOBER 09: Britain’s Chancellor of the Exchequer, Rachel Reeves visits the Sipsmith Distillery on October 09, 2025 in Chiswick, United Kingdom. The Chancellor’s visit is intended to highlight how the UK-India free trade agreement is boosting British business, and comes as Prime Minister Keir Starmer is in India promoting the new pact, alongside business leaders. (Photo by Paul Grover – WPA Pool/Getty Images)Wpa Pool | Getty Images News | Getty ImagesU.K. Chancellor Rachel Reeves has admitted that tax rises and spending cuts are being considered in the forthcoming budget, signaling the government could be prepared to sacrifice…
Peopleimages | Istock | Getty ImagesThe government shutdown will delay a key announcement that affects millions of Social Security beneficiaries — just how much their benefit checks will increase in 2026.The Social Security cost-of-living adjustment for next year will be revealed once September consumer price index data, which was slated for release on Oct. 15, is available. Due to the federal government shutdown, the CPI release has been pushed to Oct. 24.”The Social Security Administration (SSA) will use this release to generate and announce the 2026 cost-of-living adjustment (COLA) on October 24 as well,” a Social Security spokesperson told CNBC.com…
A pedestrian walks past the window display of a Louis Vuitton store, operated by LVMH Moet Hennessy Louis Vuitton SE.Ore Huiying | Bloomberg | Getty ImagesShares of LVMH popped 13% Wednesday after the French conglomerate posted growth for the first time this year and vowed to solidify its leadership in the global luxury space.In an update after European trading hours on Tuesday, LVMH — the world’s biggest luxury conglomerate and one of Europe’s most valuable companies — said organic growth for the third quarter came in at 1% year-on-year, marking a recovery from two consecutive quarters of declines. Revenue for…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s episode of CNBC Crypto World, bitcoin and ether as trade tensions between the U.S. and China escalate. Plus, BlackRock CEO Larry Fink says he expects tokenization to bring foreign investment into U.S. markets. And, Richard Green of RootstockLabs discusses what’s driving volatility in crypto.10:29Tue, Oct 14 20253:00 PM EDT Source link
European stocks are expected to open higher on Wednesday, rebounding after touching a two-week low in the previous trading session. Source link
A line of cars on a car assembly line at the Vauxhall car factory in Ellesmere Port, Wirral, U.K.Colin Mcpherson | Corbis News | Getty ImagesThis report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here.The dispatchFew things have captured the British public’s imagination more this century than compensation.The U.K. never used to have a compensation culture, but things began to change when, in June 1995, solicitors were allowed to charge on a “no-win, no-fee” basis for the first time.The thinking was that, with the courts really only open to the very rich or…
Dutch semiconductor equipment giant ASML on Wednesday looked to calm concerns over 2026 growth as it warned that it expects a “significant” sales decline in China.The firm said it does not expect 2026 total net sales to be below 2025 and warned that it expects customer demand and sales in China to decline significantly next year compared to 2024 and 2025.Guidance was key for the firm after shares sank in July when it warned that it could not confirm growth in 2026 due to increasing macro-economic and geopolitical uncertainty.Here’s how ASML did versus LSEG consensus estimates for the third quarter:Net…
