Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Abu Dhabi approves $6.2 billion gas project to boost UAE supply
Abu Dhabi’s National Oil Company will invest $6.2 billion to develop the Umm Shaif Gas Cap to expand natural gas production and liquefied natural gas exports.
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Samsung Electronics shares rise as robotics move highlights push into physical AI
Samsung Electronics shares rose as the company set up a robotics division in a push into physical AI.
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CNBC Daily Open: Can he Healey the British economy?
Britain’s new Prime Minister, Andy Burnham, names former Defense Secretary John Healey as Chancellor of the Exchequer in a suprise move.
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Iran War update: Five things to know after the resumption of hostilities
It’s been 10 days since U.S. President Donald Trump declared the ceasefire with Iran “over.” Here’s what you need to know about the conflict.
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Kospi to 10,000: South Korean equities poised to rebound after brutal sell-off, says Citi
Crucially, the analysts are maintaining a price target of 10,000 for the index, which would mark an increase of over 50% from Monday’s closing price.
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Inflation fears are back in the spotlight as the Middle East conflict keeps oil prices elevated, analysts say
Inflation fears are back in focus amid worries over escalating tensions between the U.S. and Iran in the Middle East conflict which has kept oil prices elevated
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General Motors is set to report earnings before the bell. Here’s what Wall Street expects
Wall Street analysts expect General Motors to report adjusted earnings per share of $3.20 and revenue of $47.01 billion.
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Ships shun Strait of Hormuz as renewed fighting strains key oil corridor
Vessel traffic through the Strait of Hormuz has slumped since U.S. President Donald Trump’s blockade took effect last week.
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U.S. condemns China’s ‘dangerous and aggressive’ acts after Philippine sailor injured at disputed shoal
The flare-up came before Rubio is expected to visit Manila for meetings of Southeast Asian foreign ministers, with Chinese diplomat Wang Yi also in attendance.
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CNBC Daily Open: Trump revives his tariff playbook with Canada
U.S. President Donald Trump has revived his signature solution to many of his perceived problems: tariffs.
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