UK unemployment nears three-year high, wage growth firm as election looms
Strong wage growth meanwhile split the opinions of market-watchers mulling the timing of an interest rate cut from the Bank of England.
EU is expected to unveil tariff plans for Chinese EVs this week
The EU alleged China’s subsidized vehicles “posed an economic threat to the EU’s EV industry.”
Macron’s snap election gamble in France resurfaces an old criticism — that he’s arrogant
Critics say the snap election is the move of a “desperate” president who has been accused of being arrogant and out of touch.
Computing firm Raspberry Pi pops 38% in rare London market debut
Shares of Raspberry Pi surged Tuesday, rallying by more than 38%, as the British computing startup sought to raise some £166 million ($211.2 million) from its initial public offering.
CNBC Daily Open: Musk threatens Apple ban
Elon Musk threatened to ban Apple devices from his companies over the iPhone-maker’s partnership with OpenAI.
S&P 500, Nasdaq close at fresh highs Tuesday as Apple pops more than 7%: Live updates
The moves come after a muted but important day on the Street.
Ripple launches new fund to drive blockchain innovation in Japan and South Korea
Ripple on Tuesday said it launched a Japan and Korea fund, aimed at driving blockchain innovation in the two markets.
UK tech bosses urge focus on AI skills and growth in high-stakes election — no matter who wins
No matter who becomes the U.K. leader, tech executives say they want a government that prioritizes economic growth and artificial intelligence.
Asia-Pacific markets are trading mixed; Taiwan market retreats from record high
Investors in Asia will be looking to the Fed decision on Wednesday stateside, following the May inflation report due out earlier the same day.
Singapore Airlines offers compensation of at least $10,000 to passengers of turbulence-hit flight
SIA will compensate passengers of the ill-fated flight SQ321, which was hit by extreme turbulence that resulted in the death of one passenger.
