Day: July 4, 2025
Turmoil, tariffs, tourism: Thailand’s political woes threatens fragile recovery
Protesters hold a sign with a photo of Prime Minister Paetongtarn Shinawatra crossed out at Victory Monument on June 28, 2025 in Bangkok, Thailand. Thousands of protesters gathered at Bangkok’s Victory Monument to demand Prime Minister Paetongtarn Shinawatra resign over a leaked phone call linked to a border dispute with Cambodia. It was the largest […]
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European markets head for lower open as investors eye U.S. megabill, trade updates
Air France-KLM to take majority stake in SAS Airline group Air France-KLM says it is initiating proceedings to take a majority stake in Scandinavia’s SAS, upping its holdings in the company to 60.5% from just under 20%. Air France-KLM hopes to close the deal in the second half of next year. SAS CEO Anko van […]
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Jane Street barred from Indian markets as regulator freezes $566 million over Nifty 50 manipulation claims
A general view of the SEBI (Securities and Exchange Board of India) building is seen in the business district of Mumbai, India, on July 1, 2025. Nurphoto | Nurphoto | Getty Images The Securities Exchange Board of India (SEBI) has barred Jane Street Group from accessing India’s securities market, according to an order posted on […]
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US lets GE restart jet engine shipments to China’s COMAC, source says: Reuters
The U.S. told GE Aerospace on Thursday that it can restart jet engine shipments to China’s COMAC, in a further sign of de-escalating U.S.-Sino trade tensions. (Photo by Jakub Porzycki/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images The U.S. told GE Aerospace Thursday that it can restart jet engine shipments to China’s COMAC, according to a person familiar with the matter, in […]
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CNBC Daily Open: Rely on the official U.S. jobs report, but consider what ADP is saying
A hiring sign on a Taco Bell window on June 25, 2025 in Austin, Texas, U.S. Brandon Bell | Getty Images News | Getty Images There’s a scene in the cinematic masterpiece Mean Girls in which a character writes in big bloody script: “DO NOT TRUST HER.” Apologies in advance to the good folks at […]
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