EU says TikTok and Meta broke transparency rules under landmark tech law
The European Commission said it had preliminarily found that both tech giants had breached their obligations under the Digital Services Act.
Alaska Airlines restores operations after tech outage grounds flights
Alaska Airlines said early on Friday it had restored operations after a technology outage grounded flights and led to the cancellation of more than 229 flights.
AI, private credit, inflation: Global fund managers reveal their top concerns heading into year-end
“We do think the balance of risks means that it is prudent to have greater exposure to more defensive assets at this stage,” one fund manager told CNBC.
Trump didn’t like the EU before. Now, Russia might be pushing them closer
The U.S. and EU have had tricky relations this year, with differences over support for Ukraine and trade tariffs creating tensions.
How to tackle private credit’s ‘cockroaches’ as contagion fears build
“The cockroaches aren’t everywhere, but a bit of insect repellent doesn’t hurt,” one strategist said.
Trump to meet China’s Xi for the first time in second term as trade deal remains elusive
The confirmation of a Trump-Xi meeting signaled an intent to de-escalate tensions and put negotiations back on track, analysts said.
China strikes conciliatory tone ahead of expected Trump-Xi meeting
Chinese Commerce Minister Wang Wentao told reporters Friday that the U.S. and China can still find ways to work together, and that Beijing opposes decoupling.
Trump says all U.S. trade negotiations with Canada are terminated over Reagan tariffs TV ad
President Trump claimed Canada had ran an ad featuring former President Ronald Reagan talking about tariffs to influence a pending U.S. Supreme Court case.
Alaska Air cuts annual profit forecast on higher fuel costs
Alaska Air lowered its 2025 profit forecast on Thursday as higher fuel costs and operational challenges, including adverse weather, weighed on its margins.
U.S. mulls software-linked export curbs on China: ‘Everything is on the table’
The U.S. weighed curbs on software-related exports to China, responding to Beijing’s rare earth export controls, ahead of a critical round of negotiations.