Month: October 2025
Iraq pledges to end $4 billion gas imports from Iran by 2028 as it races to diversify beyond oil
BAGHDAD — Iraq’s Prime Minister Mohammed Shia Al-Sudani said he hopes to end the country’s $4 billion reliance on Iranian gas by 2028, in an effort to diversify the major oil-producer’s economy. Decades of mismanagement, underinvestment and corruption have strained the power grid of Iraq, which is OPEC’s second-largest oil producer after Saudi Arabia. Gas […]
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CNBC Daily Open: Trump has the last word on U.S. stocks
U.S. President Donald Trump speaks during a ceremony to posthumously award the Medal of Freedom to Charlie Kirk, in the Rose Garden patio at the White House in Washington, D.C., U.S., Oct. 14, 2025. Kevin Lamarque | Reuters U.S. stocks had a rocky day of trading, swinging from highs and lows like the quality of […]
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As Japan’s opposition circles around a unity bid, Takaichi’s route to power narrows
Newly-elected leader of Japan’s Liberal Democratic Party (LDP) Sanae Takaichi shakes hands with Prime Minister Shigeru Ishiba after winning the LDP leadership election in Tokyo, Japan, on Oct. 04, 2025. Anadolu | Anadolu | Getty Images Under normal circumstances in Japan, the leader of the governing party would be the prime minister, particularly between election […]
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Asia markets set for higher open, breaking ranks with Wall Street’s declines on renewed U.S.-China trade feud
SHANGHAI, CHINA – AUGUST 14, 2025 – Tourists are visiting the Bund in Shanghai, China on August 14, 2025. Cfoto | Future Publishing | Getty Images Asia-Pacific markets were set to open higher Wednesday, breaking ranks with Wall Street’s declines after U.S. and China exchanged blows in a renewed trade feud. U.S. President Donald Trump […]
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Deutsche Bank upgrades Europe to positive versus the U.S. Here’s why
European equities 15 years’ of underperformance in comparison to the U.S. has come to an end, according to Deutsche Bank as it upgraded its stance on the region from neutral to positive. “Tactically, we expect further upside for European equities until year-end,” strategists at the bank said in an October note, putting it down to […]
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Stock futures are little changed after U.S.-China trade concerns lead to tumultuous session: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) on October 13, 2025, in New York City. Spencer Platt | Getty Images U.S. stock futures were little changed on Tuesday night, following a volatile session for stocks, as traders digested the latest developments in the U.S.-China trade war. Futures tied to the […]
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Jeep parent Stellantis announces $13 billion U.S. investment plan
A new Jeep Wrangler 4-Door Sahara 4×4 vehicle displayed for sale at a Stellantis NV dealership in Miami, Florida, US, on Saturday, April 5, 2025. Eva Marie Uzcategui | Bloomberg | Getty Images DETROIT — Stellantis, the parent company of Chrysler, Jeep and other auto brands, plans to invest $13 billion in U.S. manufacturing operations […]
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Trump threatens China with cooking oil embargo over soybean snub
Travis Hutchison, a soybean farmer, unloads his cargo from his family’s truck at a local grain dealer in Queen Anne, Maryland, on Oct. 10, 2025. Roberto Schmidt | AFP | Getty Images President Donald Trump on Tuesday said his administration is considering “terminating business with China having to do with Cooking Oil” in retaliation for […]
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Netflix and Spotify partner to bring podcasts by The Ringer to the video platform
Jakub Porzycki | Nurphoto | Getty Images Spotify is officially bringing video podcasts to Netflix. The partnership will bring a selection of podcasts from The Ringer, a network acquired by Spotify in 2020, to the streaming company in early 2026 for U.S. users. The podcasts will range from sports to culture to true crime, aiming […]
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Salesforce’s Agentforce software is coming to OpenAI’s ChatGPT
Salesforce CEO Marc Benioff participates in an interview during the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025. Chris Ratcliffe | Bloomberg | Getty Images Salesforce is ramping up partnerships with leaders in generative artificial intelligence as investors continue to fear that the software company faces business risks due to the rapid growth […]
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