News

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Europe’s wildfire ‘protection gap’ is growing, insurers warn

Europe’s wildfire ‘protection gap’ is growing, insurers...

Insurers warn that Europe is facing a "protection gap" in wildfire cover as disaster...

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Treasury yields hold steady ahead of key nonfarm payrolls, jobless data

Treasury yields hold steady ahead of key nonfarm payrolls,...

Treasury yields were flat on Friday morning as traders await key labor market data.

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SK Hynix to invest $38 billion building new memory chip plants as demand soars

SK Hynix to invest $38 billion building new memory chip...

Memory prices have surged because of short supply and huge demand with investors...

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Volkswagen controlling families call for faster overhaul to fend off Chinese rivals

Volkswagen controlling families call for faster overhaul...

Volkswagen's top investor on Friday called on the auto giant to take immediate action...

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Oil rises as Iran's draft plan sees U.S. and Israel banned from Strait of Hormuz

Oil rises as Iran's draft plan sees U.S. and Israel banned...

News of Iran's restrictive draft plan for the Strait of Hormuz sent oil prices higher,...

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Hormuz closure clouds China's crude imports after they hit a 3-month high in July

Hormuz closure clouds China's crude imports after they...

China's crude oil imports recorded a smaller decline in July, though the recovery...

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The 72-hour crisis that could upend Meta’s business in India as firm risks losing legal protection

The 72-hour crisis that could upend Meta’s business in...

U.S. social media giant Meta is facing increasing pressure from Indian regulators,...

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China's exports growth beats estimates in July, as AI-driven shipments surge

China's exports growth beats estimates in July, as AI-driven...

China's exports rose more than expected in July, as global demand for high-tech...

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CNBC Daily Open: Trump's deal seems to be in dire straits

CNBC Daily Open: Trump's deal seems to be in dire straits

It is starting to look like the Iran deal with the U.S. is unlikely to be sealed...

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Iran's chief negotiator accuses Trump of 'theater diplomacy' with Hormuz traffic near standstill

Iran's chief negotiator accuses Trump of 'theater diplomacy'...

The conflict is broadening across the region, with Gulf energy infrastructure and...