Tag: business news
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The ‘20% rule’ behind Giorgos Tsetis’ blueprint for a new kind of family office
Family offices are built to be patient with their money. Giorgos Tsetis is not.
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This AI-linked name has more than tripled in 2026. Bank of America says it still has steam
Nebius Group’s strong second-quarter earnings results bode well for the future of its stock, per Bank of America.
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World’s largest jeweler bets on platinum despite falling silver prices, CEO tells CNBC
Pandora is moving ahead with platinum-plated jewelry as it seeks to reduce its exposure to volatile silver prices despite the metal’s recent decline.
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Ukraine attacks Russian grain export terminals in Black Sea, prompting warning about food markets
Ukraine has launched a heavy drone assault on warships and major Russian grain export terminals in the Black Sea port city of Novorossiysk.
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Maersk shares jump 8% after shipping giant smashes profit estimates and hikes outlook
Danish shipping giant Maersk on Thursday posted stronger-than-expected quarterly profit and raised its full-year earnings guidance.
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South Korea’s Kospi has staged a stunning comeback. How long will the bull market last?
South Korea’s Kospi has staged a reversal from its latest rout, returning to bull-market territory as investors piled back into the semiconductor giants that dominate the index.
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‘Hormuz remains blocked’: Iran disputes Trump claims as traffic sinks to near 3-month lows
The Persian Strait Gulf Authority said “the Strait of Hormuz remains blocked and will not be reopened until Iran’s conditions are accepted.”
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Oil rises on worries over supply disruptions as spill near Oman worsens
News of recent deadly attacks on vessels in the Gulf of Oman and the Red Sea drove oil higher. An oil spill near Oman continued to worsen.
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South Korea stocks have entered bull market in about a month as AI trade roars back
South Korean stocks rallied on Thursday, pushing the benchmark Kospi into a technical bull market.
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Japan wholesale inflation eases slightly to 7.2%, undershooting expectations
The PPI reading was lower than the 7.4% expected by economists polled by Reuters, and was down from a revised 7.3% seen in June.
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