Month: July 2024
How the EV boom led Chinese companies to take over Indonesia’s nickel industry
Nickel mining in Indonesia has surged, making it the world’s top producer of the metal. With over 14 active mines, Indonesia supplies more than 40% of global nickel demand, driven by its crucial role in electric vehicle (EV) batteries. “Nickel is needed for the development of the electric vehicle sector, which is going to benefit […]
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Food delivery fees are rising, and everyone’s feeling the pinch
A food delivery messenger is seen in Manhattan. Luiz C. Ribeiro | New York Daily News | Tribune News Service | Getty Images Food from the restaurant of your choosing, delivered right to your door — at what cost? Third-party food delivery is becoming the norm for American consumers, as delivery apps like Grubhub, DoorDash […]
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China’s industrial profits post faster gains in June despite faltering economy
A Chinese flag in Pudong’s Lujiazui Financial District in Shanghai, China, on Sept. 18, 2023. Raul Ariano | Bloomberg | Getty Images China’s industrial profits grew at a faster clip in June, official data showed on Saturday, even as businesses were grappling with a downshift in consumers’ sentiment amid a shaky economic recovery. A 3.6% […]
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U.S. union and Apple reach tentative labor agreement
People line up outside the New York Apple Store on February 2, 2024, as the Vision Pro headset is released in US Apple stores. The Vision Pro, the tech giant’s $3,499 headset, is its first major release since the Apple Watch nine years ago. Angela Weiss | AFP | Getty Images The International Association of […]
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Biden will announce Supreme Court reform plans on Monday, Politico reports
U.S. President Joe Biden meets with Israeli Prime Minister Benjamin Netanyahu (not pictured) in the Oval Office at the White House in Washington, U.S., July 25, 2024. Elizabeth Frantz | Reuters U.S. President Joe Biden will announce plans to reform the Supreme Court on Monday, Politico reported citing two people familiar with the matter, adding he was likely to back term limits for justices and an enforceable code […]
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China says relations with Japan at ‘critical stage’
Kazuhiro Nogi | AFP | Getty Images Relations between China and Japan are at a critical stage, Chinese Foreign Minister Wang Yi told his Japanese counterpart on Friday as the pair discussed thorny issues including Japanese nationals detained in China, food import bans and semiconductor curbs. Wang met Japan’s Yoko Kamikawa on the sidelines of a gathering of foreign ministers hosted by the Southeast Asian bloc ASEAN in […]
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Bill Ackman’s IPO of Pershing Square closed-end fund is postponed, NYSE says
Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Billionaire investor Bill Ackman is postponing the highly scrutinized listing of Pershing Square’s U.S. closed-end fund, according to a notice on the New York Stock Exchange’s website. The initial public offering of Pershing Square USA Ltd, with the ticker PSUS, has […]
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Trump to hold rally in Butler, Pa., where he survived assassination attempt
Republican presidential candidate and former U.S. President Donald Trump speaks during a campaign rally at the Butler Farm Show in Butler, Pennsylvania, U.S., July 13, 2024. Brendan Mcdermid | Reuters Former President Donald Trump on Friday vowed to hold another campaign rally in the same area of Pennsylvania where he survived an assassination attempt less […]
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Trump running mate JD Vance doubles down on ‘childless cat ladies’ comment about Harris, Democrats
Republican vice presidential nominee, U.S. Sen. J.D. Vance (R-OH) speaks at a campaign rally at Radford University on July 22, 2024 in Radford, Virginia. Alex Wong | Getty Images Sen. JD Vance, the running mate of former President Donald Trump, on Friday defended his comments accusing key Democrats — including Vice President Kamala Harris — […]
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Bitcoin bounces back above $67,000, while ether drops more than 7% for the week: CNBC Crypto World
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, CNBC Crypto […]
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