News

bg
Samsung Electronics, SK Hynix shares tumble over 9% as chip rout spreads from Wall Street

Samsung Electronics, SK Hynix shares tumble over 9% as...

Shares of Samsung Electronics and SK Hynix plummeted more than 7% in early Thursday...

bg
M&A is ‘on fire’ as large-cap firms simplify, Citi UK CEO says

M&A is ‘on fire’ as large-cap firms simplify, Citi UK CEO...

Citi U.K. CEO Tiina Lee said U.K. M&A is “on fire” as companies simplify and...

bg
Google loses fight over record $4.7 billion EU antitrust fine

Google loses fight over record $4.7 billion EU antitrust...

In 2018, the European Commission slapped Google with the record-breaking penalty...

bg
Oil prices on pace for fourth straight weekly loss as Trump sees progress in U.S.-Iran talks

Oil prices on pace for fourth straight weekly loss as Trump...

Oil prices fell more than 1% on Wednesday after talks between Washington and Tehran...

bg
CNBC Daily Open: Chips are down, OpenAI's woos the White House, and Russia strikes

CNBC Daily Open: Chips are down, OpenAI's woos the White...

Global stocks take their cue from a chip-led sell-off on Wall Street as OpenAI reportedly...

bg
Tank maker KNDS postpones IPO amid market struggles for defense

Tank maker KNDS postpones IPO amid market struggles for...

Shareholders of the Amsterdam-based company have decided the process to IPO will...

bg
Meta says WhatsApp usernames are safeguarded against scams after India flags cybersecurity risks

Meta says WhatsApp usernames are safeguarded against scams...

Meta has defended its WhatsApp username feature after the Indian government raised...

bg
Shares of BYD and Xiaomi surge as June delivery figures fuel optimism

Shares of BYD and Xiaomi surge as June delivery figures...

Hong Kong-listed shares of Chinese electric vehicle makers surged, after companies...

bg
OpenAI proposes 5% stake to Trump administration to ease Washington pressure: report

OpenAI proposes 5% stake to Trump administration to ease...

Trump said in June that the U.S. taking an ownership stake in AI giants would be...

bg
Russia launches massive strike on Ukraine as Poland scrambles jets, Finland restricts airspace

Russia launches massive strike on Ukraine as Poland scrambles...

The Russian defence ministry said that it launched a "massive strike using long-range...