Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Second worker dies at BYD’s Hungary factory already under scrutiny for labor practices
A second worker died at the construction site of BYD’s electric vehicle factory in Hungary, CNBC has learned.
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One of India’s largest gold exporters paid its managing director just $180 a month, investigators say in accounting probe
Indian authorities have found accounting discrepancies in books of Indian gold company Rajesh Exports, and owner of Swiss refiner Valcambi.
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Asian investors look past Trump trade rhetoric to keep investing in U.S., Cantor says
Cantor said that investment flows still have “so much” allocation to the U.S., because investors recognise that the country was still one with a “rule of law.”
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CNBC Daily Open: Micron steals Nvidia’s margin king crown
Micron overtakes Nvidia and Meta to be Wall Street’s new margin king.
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Trump pledges rapid U.S. response for Venezuela after historic earthquakes kill dozens
The swift U.S. offer of assistance reflects a degree of diplomatic realignment between the Trump administration and the Venezuelan interim government.
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Fundstrat’s Lee joins Wall Street bulls in calling for S&P at 8,000
Fundstrat Global Advisors’ Tom Lee has joined a growing chorus of Wall Street bulls forecasting the S&P 500 will end the year at 8,000.
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Anthropic’s latest hiring spree reveals where it’s building AI data centers next
The AI lab is hiring for AI data center roles in Australia and Japan as it rushes to expand compute capacity overseas.
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Iran’s neighbor, U.S. ally: What Pakistan gains from being a peacemaker
Pakistan’s efforts to bring an end to the conflict in the Middle East are driven by the need to avoid a spillover across its borders.
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Iran declares new Hormuz route ‘unacceptable and dangerous,’ warns against ships transiting without approval
The stern warning underscores Tehran’s resolve to retain control over the Strait of Hormuz and to resist transits that bypass its authorization.
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Investors still seek a human touch even with AI tools at hand: HSBC
Investors are still turning to the judgment of a professional adviser in their last investment decision, despite using AI tools, a HSBC survey found.
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