CNBC

Canadian Prime Minister Justin Trudeau has secured a deal to  pause the implementation of planned tariffs on imports from Canada for at least 30 days.

Trump pauses tariffs on Canada, Mexico for at least 30 days

President Donald Trump has agreed to pause the implementation of planned tariffs on imports from Canada for at least 30 days, Canadian Prime Minister Justin Trudeau says.

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DeepSeek claims its R1 outperforms OpenAI’s latest o1 model despite costing a fraction of the price the U.S. AI lab charges for its large language models.

Not everyone’s convinced about DeepSeek’s AI claims

The assertions about DeepSeek have sparked concerns over the eyewatering sums tech giants are spending on AI — but many experts are urging scepticism.

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Toyota Camry Hybrid.

Toyota retains spot as world’s top-selling automaker

Toyota Motor sold 10.8 million vehicles in 2024, it said on Thursday, remaining the world’s top-selling automaker for a fifth straight year.

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The US Federal Reserve has held it’s borrowing rate.

US Fed defies Trump ‘demand’ with hold on interest rates

The first Federal Reserve interest rate call of President Trump’s second term has caused the stock market to fall as officials look to a bumpy political and economic landscape ahead.

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NBIM manages the fund on behalf of the Norwegian population. Set up in the 1990s to invest excess revenues from Norway’s oil and gas industry.

Sovereign wealth giant reports $354b profit on tech rally

Norway’s sovereign wealth fund — the largest of its kind in the world — posted full-year profit of 2.5 trillion kroner ($354.5 billion) on Wednesday, fuelled by a tech rally.

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The owner of brands including Louis Vuitton, Moët & Chandon and Hennessy posted revenues of 84.68 billion euros ($141.5 billion) for 2024,

LVMH performance casts doubt on luxury recovery

Shares in LVMH retreated on Wednesday after slightly better-than-expected annual results from the world’s largest luxury company threw doubt over a broader recovery in the luxury sector.

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Oslo Taxi’s Tesla model Y (L) and the NIO ET5 electric vehicle from Nio Inc, a Chinese multinational electric car manufacturer, drive through the Norwegian capital Oslo, on September 27, 2024.

This country is set to be first in the world to go all EV

Despite its enormous oil and gas reserves, this country’s electric vehicle sales have increased from less than one per cent of total auto sales in 2010 to a whopping 88.9 per cent last year.

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Elon Musk’s X has struck a dead with Visa to launch a digital wallet for his ‘everything app’.

Musk makes major money move with X, Visa

Elon Musk’s social media platform X has announced the launch of a digital wallet and peer-to-peer payment services provided by Visa.

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A man arrested near the US Capitol building in DC allegedly wanted to kill Scott Bessent and Pete Hegseth.

Man arrested in DC wanted to ‘kill’ US treasury secretary

A man arrested at the US capitol with Molotov cocktails, a knife and an apology note written on a receipt allegedly wanted to ‘kill’ Treasury Secretary Scott Bessent and Defence Secretary Pete Hegseth.

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Nvidia shares tumbled as much as 18 per cent on Monday after the emergence of China’s DeepSeek.

How US bid to restrict China from Nvidia’s chips backfired

DeepSeek’s rattling of the AI market has been several years in the making, with analysts viewing the Chinese company’s shocking advance in the field as an unintended consequence of US trade policy.

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DeepSeek is a new Chinese AI startup that has wiped billions from the US stock market.

What is DeepSeek: The Chinese AI model overtaking ChatGPT

A Chinese artificial intelligence start-up has wiped billions off the US stock market as users flock to the ChatGPT competitor. But now, registrations have been limited. This is what you need to know.

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Jensen Huang, co-founder and chief executive officer of Nvidia Corp.

Nvidia plummets almost $955b as Chinese AI sparks sell off

Nvidia and other technology shares have plunged, part of a global sell-off as Chinese startup DeepSeek sparked concerns over competitiveness in artificial intelligence and America’s leadership.

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A 3D-printed miniature model of U.S. President-elect Donald Trump and TikTok logo are seen in this illustration taken January 19, 2025.

Meet the frontrunners in the race to buy TikTok

After stepping in to restore TikTok in the U.S. and delaying a law that would effectively ban the app, Trump is looking for avenues to keep the popular platform afloat.

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Your money habits trace back to your childhood.

Toxic money problems trace back to your childhood

Your relationship with money might seem random, but one expert says it offers clues about your childhood — and understanding this could help overcome toxic spending habits.

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Sam Altman and Elon Musk have been trading barbs after President Donald Trump unveiled his $500 billion private AI investment project.

Trump’s $500b AI project stirs drama among the tech bros

Some of the biggest names in technology are clashing after President Donald Trump unveiled his $500 billion private AI investment project.

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