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Polestar CEO tells CNBC ‘pump anxiety’ has made EVs ‘all about money’

The EV maker is seeing an increased demand for both used and new cars as fuel prices have gone up following the disruption at the Strait of Hormuz.

Nvidia's Jensen Huang attends Trump-Xi summit in bid to revive sales of chips to China

The CEO of Nvidia, Jensen Huang, is among the delegation of CEOs that met with US President Donald Trump and his Chinese counterpart Xi Jinping on Thursday. The maker of AI chips is hoping the meeting between the two world leaders will lead to a lifting of restrictions on sales to China. Also in this edition: a Chinese oil tanker successfully crosses the Strait of Hormuz and Kevin Warsh is confirmed as the next chair of the US Federal Reserve.

Senators introduce ban on lawmakers becoming lobbyists

New bipartisan legislation, first seen by CNBC, would prevent U.S. lawmakers from lobbying after they leave office.

Nvidia's Jensen Huang on China trip: ‘President Trump asked me to come’

U.S. President Donald Trump on Wednesday landed in Beijing for the high-stakes summit with China.

Honda reports first loss since 1957 as it waters down EV strategy, but shares rise on 2026 forecasts

The Japanese carmaker pursued an aggressive switch towards electric vehicles that it's now trying to walk back. Despite posting its first loss on record, its share price spiked on more buoyant predictions for 2026.

Iran war fallout forces Singapore Airlines-backed Air India to cancel 27% of international flights

Air India, a carrier co-owned by Tata Group and Singapore Airlines, plans to scale back over a quarter of its international flights from June as rising costs bite.

Changes to PIP payments

Finance expert Laura Pomfret explains to PIP payments.

Trade wars to extended truce: Analysts expect ‘stabilization’ in U.S.-China ties as Trump-Xi meet

The world's two largest economies sought to stabilize fractured ties at their first high-level meeting in nearly a decade.

BTS to headline World Cup Final halftime show with Madonna, Shakira; Hybe shares jump 7.2%

The seven-member boy band will take the stage alongside Madonna and Shakira

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