News

These Japanese AI winners don’t make chips. They make toilets, glass fiber and seasoning

A toilet maker, a glass fiber manufacturer and the maker of MSG have in Japan have become major beneficiaries of the AI boom.

CNBC World - 2026-07-22 02:25:18

Trump plans steep tariffs on generic drugs starting in 2028 to spur U.S. production

The phased schedule is intended to push generic drugmakers to move production onshore.

CNBC World - 2026-07-22 01:17:37

CNBC Daily Open: AI race, potential tariffs and Middle East conflict continue to heat up

The U.S.-China AI race continues to intensify amid signs that the Trump administration could sanction China over "theft," while OpenAI ramps up IPO efforts.

CNBC World - 2026-07-22 00:51:42

Sony’s 'ironic' PlayStation disc decision upends gamer conventions and threatens a $7 billion resale market

In 2013, Sony tweaked Xbox by showing how easy it was to share a PlayStation disc. Now, gamers say Sony has become exactly what it mocked.

CNBC World - 2026-07-22 00:07:13

Nike to cut off thousands of online distributors in China, restructure digital footprint

NKE

Nike is streamlining its online business in China as the company looks to stabilize pricing and branding and get back to growth.

CNBC World - 2026-07-22 00:00:01
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'I can't afford to turn the oven on': 7.4m households struggling to buy essentials

As Andy Burnham promises “breathing space” for households, millions are unable to buy items such as clothing, heating and food.

BBC Business - 2026-07-21 23:57:49

Japan exports and imports grow at fastest pace since November 2022, beating estimates

Exports climbed 19.3%, while imports spiked 25.3% compared to June last year.

CNBC World - 2026-07-21 23:56:16

Wall Street can wait: Why one U.S. biotech firm is listing in Hong Kong first

BAINF

Global biotech firms are increasingly being drawn to Hong Kong for its growing investor base and proximity to Chinese pharmaceutical partners.

CNBC World - 2026-07-21 23:48:28

Capital One earnings were good enough but didn't answer the big question hanging over the stock

Investors want to know when Capital One will begin to see more tangible benefits from its Discover and Brex deals.

CNBC Earnings - 2026-07-21 23:31:47
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Boost youth jobs by cutting employers' national insurance, MPs urge

A select committee says it has heard "overwhelming evidence" that rising employment costs are reducing training and job vacancies.

BBC Business - 2026-07-21 23:17:58

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