Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Defense boom lifts European stocks amid strong earnings; Dassault pops 8%
The continent’s defense upcycle translated into another quarter of higher revenue and swelling order books.
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Goldman tests the bubble case behind the IPO boom
While U.S. IPO issuance is on track for a record-breaking year, Goldman Sachs views the surge as a normalization of market activity.
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UniCredit CEO tells CNBC full acquisition of Commerzbank could happen in fourth quarter
UniCredit CEO Andrea Orcel told CNBC Thursday that the Italian bank could “potentially” acquire Commerzbank in the fourth quarter.
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Houthis claim strikes on Saudi Arabian oil tankers in Red Sea as Iran conflict expands
Yemen’s Houthis said they had targeted two Saudi Arabian oil tankers with drones and missiles for allegedly violating its maritime blockade.
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Hedge funds circle UK stocks as new PM Andy Burnham pledges ‘new economic model’
Prime Minister Andy Burnham’s overhaul of Britain’s domestic policy could fuel a range of trading opportunities in U.K. stocks.
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Gen Z protests led by India’s ‘Cockroach party’ are testing Modi’s leadership
Student protests organized by a pseudo-political outfit, Cockroach Janta Party, are gaining momentum as they challenge the political establishment.
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Chip firm priced as China’s most valuable company before its IPO brings scrutiny to crypto platform
The outsized premium was due in part to offshore investors who, locked out of the highly anticipated listings, turned to crypto for a parallel market.
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