Month: July 2025
Oil giant Shell posts profit beat, keeps share buyback pace steady at $3.5 billion
The brand logo of the mineral oil and natural gas company Shell plc can be seen at a filling station of the company in Nuremberg (Bavaria) on July 25, 2025. Picture Alliance | Picture Alliance | Getty Images Britain’s Shell on Thursday reported better-than-expected second-quarter profit and maintained the pace of its shareholder returns, despite […]
Read More
Pandemic darlings Moderna, BioNTech are now on two different paths
A researcher works in the lab at the Moderna Inc. headquarters in Cambridge, Massachusetts, US, on Tuesday, March 26, 2024. Adam Glanzman | Bloomberg | Getty Images The Covid-19 pandemic turned Moderna and BioNTech into household names almost overnight. Now the two companies are on different paths. Both Moderna and BioNTech helped pioneer mRNA, or […]
Read More
Microsoft and Amazon are hurting cloud competition, UK regulator finds
Attendees walk through an exposition hall at AWS re:Invent, a conference hosted by Amazon Web Services, in Las Vegas on Dec. 3, 2024. Noah Berger | Getty Images LONDON — Britain’s competition regulator on Thursday declared that Microsoft and Amazon are hurting competition in the cloud computing industry and called for a further probe under […]
Read More
MLB is tapping into NASCAR to help grow baseball
MLB will be playing its first ever baseball game at Bristol Motor Speedway in Tennessee. MLB Major League Baseball is taking America’s pastime to an iconic NASCAR track, and the game is set to top league attendance records. On Saturday, MLB will play its first-ever game in Tennessee as part of the MLB Speedway Classic, […]
Read More
Shares of world’s largest brewer AB InBev tumble 9% on declining volumes
Budweiser beer cans displayed for sale in a supermarket. Sopa Images | Lightrocket | Getty Images Shares of AB InBev plunged as much as 11% Thursday after the world’s largest brewer posted a worse-than-feared decline in second-quarter volumes, even as revenues and profits surged ahead. The Budweiser maker said volumes declined 1.9% year-on-year over the […]
Read More
Rolls-Royce shares soar 9% on bumper profit and sales
Join CNBC for live updates on European markets. Source
Read More
Flyadeal CEO on passenger growth momentum
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Flyadeal CEO Steven Greenway joins CNBC’s Access Middle East to discuss the airline’s first half results, passenger growth and their recent wide-body order. Source
Read More
Painters, nursing assistants, and more: Microsoft’s top 10 most AI-safe careers
Blue-collar jobs are least likely to be impacted by AI, Microsoft research finds. Reza Estakhrian | The Image Bank | Getty Images Blue-collar jobs have a new sheen to them as desk workers become increasingly vulnerable to being replaced by artificial intelligence. Microsoft examined the link between how much certain workers rely on AI tools […]
Read More
CNBC Daily Open: Is India the first to face Trump’s ‘secondary’ tariff on Russia?
India’s Prime Minister Narendra Modi (L) attends a meeting with US President Donald Trump during the G20 Osaka Summit in Osaka on June 28, 2019. Brendan Smialowski | AFP | Getty Images In the frenzied run-up to Friday, Aug. 1 — the day when U.S. President Donald Trump’s new tariffs come into effect (no more […]
Read More
OpenAI spearheads one of Europe’s biggest data centers with 100,000 Nvidia chips
Jaque Silva| Nurphoto | Getty Images OpenAI on Thursday said it is launching a Stargate-branded AI data center in Norway, marking its first foray into Europe with such a project. British firm Nscale will design and build the site as part of a 50-50 joint venture with Norwegian energy infrastructure firm Aker. OpenAI will be […]
Read More