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Politics
Nonprofit was ‘left for dead’
A combination photo shows CEO of OpenAI Sam Altman (L) on April 28, 2026 and Elon Musk on April 29, 2026 during the trial in Elon Musk's lawsuit over OpenAI for-profit conversion at a federal courthouse in Oakland, California, U.S.Manuel…
King Charles sets out fragile government’s agenda amid gilt sell-off
U.K. Prime Minister Keir Starmer.Wpa Pool | Getty Images News | Getty ImagesBritain's King Charles III set out the agenda of a fragile U.K. government on Wednesday after Prime Minister Keir Starmer faced down calls for his resignation…
Alibaba’s core profit plunges 84% as CEO defends AI investments
Jaap Arriens | Nurphoto | Getty ImagesAlibaba on Wednesday said its core profitability plunged in the March quarter amid heavy investments in tech and e-commerce, as executives talked up the company's AI spending. Executives at the…
President lands in Beijing with Tesla, Nvidia CEOs
U.S. President Donald Trump participates in an arrival ceremony at Beijing Capital International Airport during his visit to the country, in Beijing, China, May 13, 2026. Evan Vucci | ReutersU.S. President Donald Trump has landed in…
4 lessons for the UK from bond markets
Alexander Spatari | Moment | Getty ImagesBritain faces among the highest borrowing costs of any developed nation — but bond markets offer 4 key lessons the government can embrace to remedy the issue, according to former U.K. Treasury…
Trucking, construction industries buck Trump on gas tax pause
Opposition to President Donald Trump's plan for a gas tax holiday to ease cost-of-living concerns is coming not just from his political foes, but also from the Republican-leaning trucking and construction sectors.Those industries rely…
China’s Tencent sees boost from gaming, AI demand despite revenue miss
Chinese tech giant Tencent on Wednesday reported revenues rose 9% in its first-quarter 2026 earnings, but missed analyst expectations. Here's how Tencent did in its first-quarter earnings for 2026, compared to LSEG analyst forecast…
SoftBank posts $46 billion gain at Vision Fund driven by OpenAI bet
SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event to pitch AI for businesses in Tokyo, Japan Feb. 3, 2025. Kim Kyung-Hoon | ReutersSoftBank booked a yearly gain of $46 billion at its Vision Fund driven mainly by the…
Jamie Dimon says JP Morgan may rethink London office if Starmer ousted
JPMorgan CEO Jamie Dimon attends an interview with Reuters in Detroit, Michigan, U.S., Nov. 5, 2025. Emily Elconin | ReutersJP Morgan may reconsider a planned multibillion-dollar office tower in London if U.K. Prime Minister Keir Starmer…
Keir Starmer’s EU push faces a harsh reality after local elections
U.K. Prime Minister Keir Starmer.Wpa Pool | Getty Images News | Getty ImagesThis report is from this week's CNBC's UK Exchange newsletter. Like what you see? You can subscribe here.The dispatchNext month will mark a decade since Britain…