Month: August 2025
BP CEO hails exploration discovery boon after surprise profit beat
Trowbridge in Somerset, England, on March 15, 2025. Anna Barclay | Getty Images News | Getty Images Britain’s BP on Tuesday posted stronger-than-expected second-quarter profit, following a period of heightened volatility for global oil and gas prices. The struggling energy major reported underlying replacement cost profit, used as a proxy for net profit, of $2.35 […]
Read More
How an obscure SEC proposal could boost listings on European stock exchanges
A little-known regulatory proposal taking shape in the United States could deliver a welcome boost to Europe’s stock exchanges, which have been struggling for years to stem an exodus of companies to New York. The Securities and Exchange Commission is in the early stages of a proposal to tighten the rules for foreign companies that […]
Read More
Indonesia’s second-quarter GDP beats expectations with fastest growth in two years
This photo shows a general view of a traffic jam on a main roads leading into the city center of Jakarta on May 8, 2024 as thin haze of pollution sits over the city’s skyline. Bay Ismoyo | Afp | Getty Images Indonesia’s annual economic growth accelerated to 5.12% in the second quarter from 4.87% in the […]
Read More
U.S. to require some travelers post up to $15,000 bonds to enter: What to know
The United States is launching a pilot program that could require some inbound travelers to pay bonds of up to $15,000 to enter. The 12-month program is aimed, in part, at visitors from countries with historically high visa overstay rates, according to an unpublished temporary final rule posted in the Federal Register on Tuesday. […]
Read More
India calls out EU and U.S.’ trade with Russia after Trump threatens steeper tariffs on New Delhi
Students from Gurukul School of Art, carry a poster of Prime Minister of India Narendra Modi and U.S. President Donald Trump on India outside their school. U.S. President Donald Trump imposed a 25% tariff on India along with penalties for buying oil and military equipments from Russia. Sopa Images | Lightrocket | Getty Images India […]
Read More
CNBC Daily Open: Trump doubles down on criticism of jobs report — but markets bounce back
U.S. President Donald Trump speaks to reporters near Air Force One at the the Lehigh Valley International Airport on August 03, 2025 in Allentown, Pennsylvania. Anna Moneymaker | Getty Images The U.S. Bureau of Labor Statistics’ July’s jobs report revised previous months’ figures down so dramatically that U.S. President Donald Trump called it “RIGGED” and […]
Read More
Intel’s credit rating downgraded by Fitch on demand challenges
The Intel logo is displayed on a sign in front of Intel headquarters on July 16, 2025 in Santa Clara, California. Justin Sullivan | Getty Images Fitch downgrading U.S. chipmaker Intel’s credit rating by one notch Monday, according to a note by the ratings agency, which assigned a negative outlook to Intel’s rating. Fitch downgraded Intel to BBB from BBB-plus, placing it just two notches shy […]
Read More
Asia markets open higher after Trump vows to significantly raise tariffs on India
Opening calls Happy Tuesday from Singapore. Asia markets are poised for a mixed open. Australia’s S&P/ASX 200 was set to start the day higher with futures tied to the benchmark at 8,701, compared with its last close of 8,663.70. Japan’s benchmark Nikkei 225 was set to open higher, with the futures contract in Osaka last traded at 40,610 against […]
Read More
S&P 500 futures inch higher after benchmark snaps losing streak, Palantir pops on earnings: Live updates
Traders work at the New York Stock Exchange on July 30, 2025. NYSE Stock futures were slightly higher on Monday night, following Wall Street’s rebound, as investors followed the latest batch of corporate earnings. Dow Jones Industrial Average futures added 54 points, or 0.1%. S&P 500 futures and Nasdaq 100 futures each also added 0.1%. […]
Read More
Brazil Supreme Court justice orders house arrest of former president Bolsonaro
Former Brazilian President Jair Bolsonaro speaks to the press at the Federal Senate in Brasilia on July 17, 2025. Mateus Bonomi | Afp | Getty Images Brazil’s Supreme Court on Monday issued an house arrest order for former President Jair Bolsonaro, who is standing trial for allegedly plotting a coup, in a move that could escalate […]
Read More