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CNBC Daily Open: A week of narrative whiplash and vibe shifts
The U.S. will engage in “technical talks” with Iran, while markets await the U.S. debut of SK Hynix.
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China successfully lands reusable rocket, state media says
It follows similar landings of reusable rockets by US-owned companies SpaceX and Blue Origin.
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EasyJet weighs $7.7 billion rival takeover offer from Apollo amid Castlelake interest
A bidding war has broken out for budget carrier easyJet after Apollo and Castlelake have both submitted takeover offers.
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H5 bird flu detected in Australian seabird for first time
SYDNEY: Scientists have detected the highly contagious H5 bird flu in an Australian seabird for the first time, the government said on Friday (Jul 10).Australia was, for years, the only continental
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North Korea vows boost to nuclear buildup, military intelligence
SEOUL: North Korea will strengthen its nuclear force “both in quality and quantity” and expand the role of its military intelligence agency focused on South Korea, state media said Friday (Jul 10).Pyongyang is under widespread sanctions over its nuclear programme, and the two Koreas remain technically at war
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South Korean chip titan SK hynix raises US$26.5 billion in blockbuster US listing
The South Korean chip giant’s debut would be the largest US listing by a foreign firm.
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Olympic champion McKeown to miss Pan Pacs, Commonwealth Games due to illness
July 10 : Kaylee McKeown has withdrawn from this year’s Pan Pacific Championships and Commonwealth Games due to medical issues, saying she has struggled with fatigue, shortness of breath and a loss of appetite for several months.The 24-year-old Australian has won a record 10 individual backstroke titles acros
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SK Hynix set for marquee US debut in test for AI appetite
July 10 : SK Hynix’s U.S. trading debut on Friday following a $26.5 billion share sale will be a key test of investors’ belief in the durability of the AI boom, coming after a recent pullback in semiconductor stocks.Chip stocks have lost some momentum in recent weeks after a stellar run, partly due to investo
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Bayeux Tapestry arrives in London for historic exhibition
After nearly 1,000 years, the medieval masterpiece is back on British soil. The Bayeux Tapestry was transferred from France to London in a highly secretive operation and will be on display in September.
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Australia’s Big Bash League season-opener to be played in India
SYDNEY, July 10 : The opening match of next season’s Big Bash League (BBL) will take place in India in December, Australia Prime Minister Anthony Albanese said on Friday, as tournament organisers look to tap into cricket’s most lucrative market.The December 12 match between Melbourne Renegades and Perth Scorc
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