Yellen says U.S. plans to ‘underscore’ need for China to shift policy
U.S. Treasury Secretary Janet Yellen wrapped up the fourth and final full day of her trip to China on Monday.
Russia-Ukraine war updates: Zaporizhzhia nuclear plant struck by drones; Zelenskyy calls for more support amid Kharkiv bombardment
The UN’s atomic energy watchdog sounded the alarm Sunday after drones struck a nuclear reactor at the Russian-held Zaporizhzhia nuclear plant in Ukraine.
Japan’s real wages fall for 23rd straight month, dampening Bank of Japan’s hopes for ‘virtuous cycle’
The data comes after Japan’s unions secured the highest wage increases in 33 years. But those pay hikes benefit only a fraction of Japan’s workers.
China says innovations, not subsidies, are powering EV edge as Yellen raises ‘overcapacity’ concerns
China’s Minister of Commerce Wang Wentao on Sunday said the allegations about “overcapacity” by the U.S. and Europe were without merit.
How this UK-based firm is growing a more sustainable cannabis
Growing cannabis indoors uses a lot of energy, resulting in higher emissions, but a U.K. cultivator claims to be the first to do so in a carbon-negative way.
‘Big leap of faith’: This couple quit corporate life and turned an arty side hustle into a business
Omar and Summer Obaid set up art e-commerce business Abstract House in 2016 and expect to make around £2 million in revenue this year.
State-backed cyberattacks, AI deepfakes, and more: Experts reveal UK election cyber threats
Cyber experts expect malicious actors to interfere in the upcoming elections in several ways, not least through disinformation aided by artificial intelligence.
China commerce minister kickstarts Europe trip with Chinese EV firms meeting
China’s commerce minister initiated his European tour by meeting with BYD and CATL, addressing concerns about unfair subsidies in China’s EV industry.
CNBC Daily Open: What rate cut?
CNBC’s Daily Open is going on a two-week hiatus after today’s newsletter. We’ll be back on Monday April 22. See you then!
Brazil judge opens inquiry into Musk for obstruction involving social media company X
Brazilian Supreme Court Justice opened an inquiry into Elon Musk for obstruction of justice involving social media company X, according to a court document.
