Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Australia’s competition regulator takes Amazon to court over alleged unfair Prime subscription contract terms
Australia’s competition regulator is taking Amazon to court, alleging its Prime contracts required subscribers to pay AU$2.99 to avoid advertising, with no option for refunds
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China factory activity grows faster than expected in June on tech export demand
China’s manufacturing engine held up this year as surging demand for artificial intelligence technology helped offset the drag from Middle East turmoil.
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Japanese yen sinks to weakest level since 1986, keeping intervention risks in focus
The Japanese yen weakened to its lowest level against the U.S. dollar since 1986 on Tuesday, keeping investors on alert for possible intervention from Japanese authorities.
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CNBC Daily Open: An A-grade showing for Alphabet on its Dow debut
Politics also are on the radar as the Supreme Court handed President Donald Trump a split scorecard on executive power.
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Japan is raising visa fees by up to 400% for the first time in nearly 50 years. Here’s why
A single entry visa will climb to 15,000 yen, from the 3,000 yen charged currently, while multiple entry visas will cost 30,000 yen, up from the 6,000 yen now.
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Apple supplier Luxshare seeks up to $3.1 billion in Hong Kong share sale
Apple supplier Luxshare Precision Industry is seeking to raise as much as $24.27 billion Hong Kong dollars ($3.1 billion) through a Hong Kong share sale.
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CNBC’s The China Connection newsletter: U.S.-China tech rivalry heats up—in other countries
U.S. and Chinese tech companies are increasingly pursuing opportunities outside their home markets, with government policy support.
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Waymo and Uber end robotaxi pilot in Phoenix
The Waymo self-driving cars deployed in Phoenix for the Uber pilot will remain in use and make autonomous deliveries with DoorDash.
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Dow futures are little changed after blue-chip index posts new record close: Live updates
Gains in Alphabet and a pause in U.S.-Iran hostilities boosted the Dow Industrials to its first close above 52,000 on Monday.
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AeroVironment soars 19% on earnings beat, backlog grows to $1.2 billion
Dronemaker AeroVironment’s autonomous system revenue beat expectations by $90 million and its backlog continued to grow.
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