Month: November 2025

Rheinmetall shares rise as defense giant sees sales surging fivefold by 2030
World

Rheinmetall shares rise as defense giant sees sales surging fivefold by 2030

German Rheinmetall MAN tactical military transport vehicles parked in the Edvard Peperko military barracks. Luka Dakskobler | Lightrocket | Getty Images Shares of Germany’s Rheinmetall rose on Tuesday after the defense giant told investors to expect sales to quintuple over the next five years, boosted by robust demand for its weapons systems amid geopolitical tensions […]

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Panera lost diners by cutting portions and staff. It’s reversing course to win them back
Business

Panera lost diners by cutting portions and staff. It’s reversing course to win them back

A Panera Bread sign hangs on the exterior of the restaurant on July 25, 2025 in Miami, Florida. Joe Raedle | Getty Images When Panera Bread began shrinking its sandwiches and skimping on salads, it started shedding customers. Now, to win them back, the chain plans to reinvest in the business and undo many of […]

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Senators seek probe of Trump crypto venture over alleged token sales linked to North Korea and Russia
Technology

Senators seek probe of Trump crypto venture over alleged token sales linked to North Korea and Russia

People walk past an advertisement feature Donald Trump with Solana, XRP, USDC Bitcoin in Hong Kong.  May James | Sopa Images | Lightrocket | Getty Images Two U.S. Senators are pressing the Department of Justice and the Treasury to investigate a crypto company closely tied to the family of U.S. President Donald Trump over alleged […]

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Emirates to hold Boeing’s ‘feet to the fire’ to deliver on  billion deal, president says
World

Emirates to hold Boeing’s ‘feet to the fire’ to deliver on $38 billion deal, president says

An experimental Boeing 777X aircraft at the Dubai Air Show in Dubai, United Arab Emirates, on Monday, Nov. 17, 2025. Christopher Pike | Bloomberg | Getty Images Emirates is piling the pressure on Boeing to deliver on a $38 billion order placed this week, the airline’s president told CNBC on Tuesday. Speaking to CNBC at […]

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Home Depot cuts earnings outlook as home improvement demand falls short of expectations
Business

Home Depot cuts earnings outlook as home improvement demand falls short of expectations

Home Depot on Tuesday cut its full-year profit forecast and missed Wall Street’s earnings expectations for the third straight quarter as it saw weaker home improvement demand, tepid consumer spending and lower than usual storm activity. The retailer said it now expects full-year sales will climb about 3% and comparable sales, which take out the […]

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EU probes Amazon, Microsoft’s cloud services for potential curbs
World

EU probes Amazon, Microsoft’s cloud services for potential curbs

The European Commission has launched three market investigations on cloud computing services by Amazon and Microsoft under the Digital Markets Act (DMA), which aims to curb the power of Big Tech and ensure a level playing field for smaller rivals. It opened two probes to assess if the companies should be designated as gatekeepers for […]

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Global stocks sell-off as AI valuation concerns persist ahead of Nvidia earnings
Technology

Global stocks sell-off as AI valuation concerns persist ahead of Nvidia earnings

Global equities tumbled Tuesday as concerns of inflated valuations and an uncertain macro environment grips investors ahead of Nvidia earnings this week.   The pan-European Stoxx 600 opened in negative territory on Tuesday with mining-linked stocks and banks leading Europe’s losses. The Stoxx Europe 600 Technology Index shed 1.4%, following in the footsteps of U.S. stocks as fears of an artificial intelligence-fueled bubble persist.   The three major U.S. indexes, Dow Jones […]

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Diplomatic spat between Tokyo and Beijing threatens Japan’s already fragile economy
World

Diplomatic spat between Tokyo and Beijing threatens Japan’s already fragile economy

Oleksii Liskonih | Istock | Getty Images Japan’s fragile economy, already hurt by U.S. tariffs and declining investments in property, faces another hit due to the diplomatic spat between Tokyo and Beijing. Miffed over Japanese Prime Minister Sanae Takaichi’s comments related to Taiwan, China on Friday advised its citizens against travelling to the country. Japanese […]

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CNBC Daily Open: We could still close the year with a rally despite AI slump
Technology

CNBC Daily Open: We could still close the year with a rally despite AI slump

The Nasdaq Composite dropped 0.84% Monday stateside as technology stocks were under pressure, with Apple, Meta and Oracle retreating more than 1% each. Artificial intelligence lynchpin Nvidia performed worse, losing almost 2%. CEO Jensen Huang in October said the chipmaker had “half a trillion dollars” of business on the books for 2025 and 2026. When […]

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Paint maker Akzo Nobel to acquire Axalta Coating in  billion deal
World

Paint maker Akzo Nobel to acquire Axalta Coating in $25 billion deal

Dulux paint maker AkzoNobel said on Tuesday that it plans to acquire paintmaker Axalta Coating Systems in a deal that will create a combined company with an enterprise value of $25 billion. AkzoNobel shareholders are expected to own 55% of the new group and Axalta investors 45%, initially dual-listed in Amsterdam and New York before […]

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