Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Ryanair profit slumps 34% as airlines brace for a ‘difficult winter’ amid Middle East crisis
Ryanair’s first-quarter profit took a 34% hit as consumers delayed bookings due to the Middle East crisis, while struggling airlines face a “difficult winter.”
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Shares of leading Indian private-sector banks slump 5% on weak earnings in June quarter
Shares of Indian private-sector lenders fell on Monday as they reported a sharp contraction of net interest margins during the June quarter earnings.
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CNBC Daily Open: Burnham set to take helm of ‘poverty stricken disaster,’ says Trump
Britain’s new Prime Minister Andy Burnham faces instant pressure from President Trump to “open up” North Sea oil.
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FIFA emerges as the $9 billion winner as the biggest, brashest World Cup ever draws to a close
The football governing body presided over the most lucrative sporting event in history and is poised to net over $9 billion in revenue for 2026.
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Russia pounds Kyiv as NATO military chief warns Moscow would ‘lose a lot’ by attacking Baltics
Russia and Ukraine traded their heaviest strikes in months, fueling fears of escalation and further strain on oil supplies.
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China’s Zhongji Innolight sees shares surge after Hong Kong listing approval
The deal size will exceed Luxshare Precision’s $3.1 billion IPO earlier this month, making it the largest listing in Hong Kong this year.
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Samsung Biologics to acquire Switzerland’s PolyPeptide Group in $1.8 billion all-cash deal
South Korea’s Samsung Biologics said on Monday that it had made an all-cash bid of 1.46 billion Swiss francs ($1.8 billion) for Switzerland’s PolyPeptide Group.
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CNBC Daily Open: Spain takes the World Cup, oil takes the market spotlight
Spain took home their first World Cup since 2010 after a 1-0 victory over 10 man Argentina.
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