Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Shipping rebounds in Strait of Hormuz one week after U.S.-Iran deal – but fragile confidence threatens recovery
Shipping traffic through the strategically vital Strait of Hormuz is recovering one week after the U.S. and Iran signed an interim peace deal.
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Treasury yields edge lower as traders monitor inflation trajectory, Middle East latest
Treasury yields were lower Friday as energy prices fell on fresh geopolitical developments in the Middle East.
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Red Lobster’s Ultimate Endless Shrimp promotion described as a ‘car crash for the company, lawsuit says
“Thai Union doubled down on a campaign to squeeze out every drop of value that it could,” creditors said
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Binance to stop providing services to European clients after failing to obtain license: Financial Times
All crypto companies have to obtain a license under the bloc’s Markets in Crypto-Assets Regulation by July 1, or risk penalties.
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SK Hynix prepares US listing at $166 per share — here’s why HSBC says it could be worth 20% more
HSBC analysts see the South Korean chipmaker’s foray into U.S. markets as the catalyst to narrow the valuation gap with rival Micron Technology.
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CNBC Daily Open: One session, two major sell-offs
Friday’s session looks set to be dominated by two major sell-offs — the tech rout deepening and oil prices diving further into the red.
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U.S.-Iran peace deal grants access to Tehran’s nuclear sites, UN watchdog says
“The technical work has started, and we hope to be there soon,” IAEA chief Rafael Grossi said at a news conference in Japan on Friday.
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NBA targets Asian resurgence with technology and talent push
Southeast Asia has emerged as one of the NBA’s fastest-growing markets for fan engagement, making the region a focal point for both player development and business expansion.
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Airwallex hits $11 billion valuation with $320 million raise as fintech pushes into finance run by AI agents
Airwallex raised $320 million to build the financial infrastructure powering a world where AI agents handle business payments and finance.
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Oil slides nearly 2% as markets look past fresh Iran tensions and focus on supply outlook
Oil extended declines on Friday, with markets focused any further breakthroughs in the Middle East conflict, while digesting a flurry of news from the region.
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