Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Xi touts China Communist Party’s global influence in speech marking 105th anniversary
Chinese President Xi Jinping spoke Wednesday to commemorate the 105th anniversary of the ruling Communist Party of China.
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Corruption cases, investibility warnings, fiscal woes: Indonesia continues to test investors
This comes amid a high-profile corruption sentencing and an MSCI warning Indonesia could be downgraded to frontier-market status.
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North Sea oil and renewables: The UK’s next PM faces a defining energy policy decision
Andy Burnham could face an early test over North Sea oil drilling as energy shocks revive the UK energy security debate.
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KKR to control South Korea’s $1.3 billion renewables platform with SK as AI power demand rises
The announcement came after South Korea announced on Monday three massive investment projects, spanning semiconductors, physical AI and AI data centers.
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CNBC Daily Open: Anthropic unbound, Trump’s finances and crude realities
AI giant Anthropic has been cleared to redeploy models after the Trump administration lifts export controls.
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Japan spent $74 billion propping up the yen. Investors say the real battle is with the Fed
Yen intervention alone is unlikely to reverse losses while wide U.S.-Japan rate differentials keep supporting the dollar, said analysts.
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Andy Burnham’s first big fight could be with Wall Street investors
Andy Burnham’s determination to see greater public control over utilities could set him on a collision course with some big-name U.S. investors.
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Employers who laid off workers citing AI are already starting to regret it
Companies are realizing artificial intelligence can’t do everything after all, prompting them to rehire employees to grow their businesses
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LNG market disruption may continue for months as a top producer withholds some Italian shipments
QatarEnergy extended its force majeure, withholding four additional liquefied natural gas cargoes until September.
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Iran says it is selling oil at 20% premium as end of U.S. blockade sees 40 million barrels exported
The ceasefire prompted a surge in crude shipments through the Strait of Hormuz, where traffic had largely ground to a halt during the conflict.
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