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Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, U.S., on Monday, Aug. 11, 2025. Alex Wroblewski | Bloomberg | Getty Images Don’t mix business with pleasure — or the music of the spheres might eject you from the skies even if you are an astronomer — but it seems, in the current milieu, there are no such restrictions between business and politics.U.S. President Donald Trump’s administration is eyeing a stake in struggling chipmaker Intel, according to a Bloomberg report on Thursday. That consideration is primarily attributable to Intel’s status…
The Tokyo Tower stands amid buildings at dusk in Tokyo, Japan.Bloomberg | Bloomberg | Getty ImagesJapan’s economy expanded 0.3% in the second quarter of 2025 from the previous first three months, outpacing forecasts despite tariff headwinds out of the United States.This was compared to the revised 0.1% growth seen in the first quarter, and was higher than the 0.1% increase expected by economists polled by Reuters.The GDP beat was mainly attributed to resilience in exports, which added 0.3 percentage points to GDP growth, compared to the 0.8% contraction in the first quarter of the year. Japan’s trade deficit narrowed from…
Aug 14, 2025, 07:49 PM ETAfter his 25 years at Bayern Munich, which featured 13 Bundesliga titles and two Champions Leagues, came to an end this summer, Thomas Müller suggested that he could be ready to bring his legendary career to a close.But as he was officially unveiled as a Vancouver Whitecaps player on Thursday, the 35-year-old insisted he still had plenty more to offer. And he intends to add more titles to his collection.”I was always a competitive guy during my whole life and my love is to play soccer. And my body feels, even in my stage of…
The top stories and transfer rumours from Friday’s newspapers…THE SUN Manchester United will turn their attention to Sporting captain Morten Hjulmand if they miss out on Carlos Baleba.THE IGianluigi Donnarumma has set his sights on joining Manchester City this summer after Manchester United pulled out of a move. Newcastle United are set to kick off the new Premier League season with makeshift striker Anthony Gordon leading the line, with deals to sign a new forward still stalled. THE TELEGRAPH Morecambe have been hit by a winding-up petition by HMRC on the same day as agreeing a rescue deal for the…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC’s producers were watching in Thursday’s session and what’s on the radar for Friday. UnitedHealth Group Some big names have piled into this health-care giant over the last several weeks, according to 13F filings compiled and reported on this evening by CNBC’s Leslie Picker. She will have a lot more on “WorldWide Exchange” and “Squawk Box” Friday morning. David Tepper’s Appaloosa Management bought the stock.…
Shein’s UK sales jump 32% in 2024, fueling profit gains on Hong Kong IPO horizonShein’s U.K. arm generated £2.05 billion ($2.77 billion) in sales in 2024, up 32.3% from 2023, according to a filing released on Friday.The online fast-fashion retailer’s pre-tax profit rose to £38.25 million in 2024 from £24.43 million in 2023.The company highlighted several milestones during the year, including the opening of new offices in King’s Cross and Manchester, a pop-up shop in Liverpool and a Christmas bus tour across 12 U.K. cities.Shein flagged risks such as potential supply chain delays, higher costs from currency fluctuations and freight charges, IT…
“We want to beat Disney in family animation,” then Netflix CEO Reed Hastings said in an interview in September 2020. At the time, anyone would say that was a tall order. Disney has almost a century of experience of producing animated films, dating back to 1937’s “Snow White.” Since then, the studio has produced hits that many kids would be familiar with. Think “Cinderella,” “Alice in Wonderland” and “Sleeping Beauty.” Add to that Pixar’s “Toy Story,” “The Incredibles” and “Inside Out” and it’s not hard to see that Hastings had his work cut out for him. And then came the…
Israeli National Security Minister Itamar Ben Gvir has been filmed visiting Marwan Barghouti, the most prominent Palestinian prisoner, and threatening him that Israel will “obliterate” anyone who opposes it. It is the first time that Barghouti has been seen publicly in years. Aged and gaunt, wearing a white undershirt, he is almost unrecognisable. In the video, which circulated on social media on Thursday night, Ben Gvir is seen telling Barghouti: “Whoever messes with the people of Israel, whoever murders our children, whoever murders our women, we will obliterate them. You will not defeat us.” Barghouti has been in prison since 2004.…
TOKYO (AP) — The Japanese economy grew at a better than expected 1% annual pace in the last quarter, boosted by exports that held up despite U.S. President Donald Trump’s higher tariffs.The U.S. has imposed a 15% tax on imports from Japan. That’s higher than before for some products but down from the 25% tariff Trump announced earlier. Real gross domestic product, or GDP, which measures the total value of a nation’s goods and services, expanded 0.3% in the fiscal first quarter compared to the previous quarter, beating analysts’ estimates.It was Japan’s fifth straight quarter of growth. Japan’s exports grew…
Brentford have reached an agreement in principle over a club-record deal to sign winger Dango Ouattara for £42m from Bournemouth.The two clubs have had intense negotiations over the last 72 hours regarding the 23-year-old. Bournemouth were reluctant to sell, but after Ouattara made it clear he wanted to leave, the Cherries had no option but to allow him to go for a price they felt was fair market value, which includes add-ons.The transfer will surpass Brentford’s previous club-record deal of £30m when they signed striker Igor Thiago from Club Bruges last summer.The versatile Burkina Faso international had three years left…