The sinking AI trade and hotter-than-expected inflation data rattled last week’s stock market. But solid bank earnings and a rotation beyond tech gave us reasons for…
The lender says there are reasons to be cheerful amid the headwinds facing the property market, but bank watchers say margin pressure is likely to increase.…
Oil prices plunged Wednesday after the U.S. and Iran agreed to a two-week ceasefire that allows safe passage through the Strait of Hormuz, but the fragile…
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The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22, 2025. Kazuhiro Nogi | Afp | Getty ImagesShares Japan’s…
Use of low-cost e-commerce giants Temu and Shein has slowed significantly in the key U.S. market amid President Donald Trump’s tariffs on Chinese imports and the…
Elon Musk interviews on CNBC from the Tesla Headquarters in Texas. CNBCEuropean sales of Tesla vehicles plunged in April, as the U.S. electric carmaker continues to…
On The Ground newsletter: Get a weekly dispatch from our international correspondentsGet a weekly dispatch from our international correspondentsGet a weekly international news dispatchStock markets have…
Oil’s decline since April is likely to inflict more pain on both Aramco and the government, whose debt levels jumped by the most on record in Q1. Read…
The Global Payments Company logo seen displayed on a smartphone.Igor Golovniov | LightRocket | Getty ImagesGlobal Payments shares tumbled 17% on Thursday after the company said…