Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Volkswagen to slash model lineup and shrink capacity — but no word on job cuts
The update followed a high-stakes boardroom showdown with the group’s supervisory board.
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Treasury yields little changed as investors track Middle East developments
Treasury yields were flat Friday as investors monitored the latest developments in the U.S.-Iran conflict.
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Ukraine escalates attacks on tankers near Crimea as Russian fuel shortages bite
The drone strikes form part of Ukraine’s campaign designed to choke off supplies and transportation routes in and out of Crimea.
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World oil demand set for first annual decline since 2020, IEA says
Renewed escalation in the U.S.-Iran war could complicate matters and further cloud the outlook, the IEA warned Friday.
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CNBC Daily Open: A week of narrative whiplash and vibe shifts
The U.S. will engage in “technical talks” with Iran, while markets await the U.S. debut of SK Hynix.
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EasyJet weighs $7.7 billion rival takeover offer from Apollo amid Castlelake interest
A bidding war has broken out for budget carrier easyJet after Apollo and Castlelake have both submitted takeover offers.
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India ramps up missile sales in Indo-Pacific as China’s assertiveness turns neighbors wary
India has signed a third pact for the supply of missiles in the Indo-Pacific region as countries in the region grow wary of China’s growing assertion.
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SK Hynix is set to make its Wall Street debut. Will that narrow the chipmaker’s ‘Korea discount’?
As global chip giant SK Hynix makes its Nasdaq debut Friday, the listing serves as a major test of whether the company can shed its long standing “Korea Discount.”
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U.S. to continue ‘technical talks’ with Iran after Trump said ceasefire was ‘over’
The ceasefire signed last month came under serious strain in recent days as the U.S. and Iranian forces exchanged attacks for consecutive days this week.
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CNBC Daily Open: Mideast diplomacy hopes are alive, SK Hynix is set for U.S. debut
The latest developments from the NATO Summit is signaling cracks between the Europe-U.S. alliance, with no new commitments from members of the defense alliance to assist with the Middle East conflict.
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