Month: November 2025
Shipping giant Maersk raises outlook, CEO says global trade proving more resilient than feared
Maersk and HMM container ships at the Port of Los Angeles in Los Angeles, California, US, on Wednesday, Sept. 24, 2025. Bloomberg | Bloomberg | Getty Images Danish shipping giant Maersk on Thursday posted stronger-than-expected third-quarter operating profit and raised the lower-end of its full-year guidance, bolstered by increasing container volumes. The company, widely regarded […]
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Bank of England rate cut a close call ahead of the Autumn Budget
A Union flag flutters from a pole atop the Bank of England, in the City of London on August 7, 2025. Niklas Halle’n | Afp | Getty Images LONDON — The Bank of England on Thursday is set to make its last interest rate decision before the Autumn Budget later this month, with economists saying […]
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Beyond QR codes: The Indonesian unicorn driving Southeast Asia’s digital payments evolution
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Indonesian fintech unicorn Xendit is helping reshape Southeast Asia’s payment landscape by offering Stripe-like infrastructure tailored to the region’s unique challenges. In this episode of CNBC’s “Beyond the Valley,” Xendit co-founder and Chief Operating Officer Tessa Wijaya joins Arjun Kharpal at the […]
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Chinese autonomous driving firm Pony.ai sees shares drop 12% in Hong Kong debut
A Pony.ai autonomous car. Pony.ai China’s Pony.ai on Thursday saw its shares drop over 12%, while rival WeRide fell nearly 8% as the autonomous driving companies began trading in Hong Kong. Pony.ai and WeRide, which are already listed in the U.S., raised 6.71 billion Hong Kong dollars (about $860 million) and HK$2.39 billion, respectively in […]
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Microsoft letting employees raise concerns about products after Middle East controversy
Microsoft President Brad Smith speaks at a press conference at the Representation of the State of North Rhine-Westphalia about future visions for the development and application of artificial intelligence in education in NRW in Berlin on June 4, 2025. Soeren Stache | Picture Alliance | Getty Images Microsoft is giving employees a way to raise […]
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Qatar Airways sells entire Cathay Pacific stake for $897 million
Qatar Airways logo is seen on a plane model. Nurphoto | Nurphoto | Getty Images State-owned Qatar Airways has decided to sell its entire stake in Cathay Pacific Airways for about $897 million (HK$6.97 billion), marking its complete exit from Hong Kong’s flagship airline after eight years. Cathay said late on Wednesday that the Doha-based carrier had approached it about selling its entire 9.7% stake, and it would repurchase the shareholding […]
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CNBC Daily Open: Even a Supreme Court ruling might not spell the end of tariffs
The US Supreme Court in Washington, DC, US, on Monday, Oct. 6, 2025. Graeme Sloan | Bloomberg | Getty Images The U.S. Supreme Court on Wednesday heard a case on the Trump administration’s “reciprocal” tariffs, and both liberal and conservative judges appeared skeptical of the legal basis of those tariffs. Following the hearing, traders on […]
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Asia-Pacific markets rise, tracking Wall Street gains as AI stocks rebound
Hong Kong Skyline Nikada | E+ | Getty Images Asia-Pacific markets rose Thursday, tracking Wall Street gains after AMD’s third-quarter earnings beat lifted artificial intelligence stocks. Investors in the region are looking to Chinese autonomous vehicle firms WeRide and Pony.ai‘s market debut in Hong Kong later in the day. Both companies are already listed in […]
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Doordash stock sinks 9% as company misses earnings, says it expects further spending
A DoorDash bag on a bicycle in New York, US, on Tuesday, May 6, 2025. Yuki Iwamura | Bloomberg | Getty Images DoorDash reported third-quarter earnings that missed analyst expectations and said it expects to spend “several hundred million dollars” on new initiatives and development in 2026. The stock sank 9% following the report. Here’s […]
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Stocks making the biggest moves after hours: Snap, Arm Holdings, Figma, Lyft and more
Check out the companies making headlines in after-hours trading. Snap — The social media company surged 26% after it unveiled a $500 million buyback program and issued strong fourth-quarter revenue guidance. On top of that, Snap said Perplexity AI will pay it $400 million to integrate the AI startup’s search capabilities into Snapchat. Arm Holdings […]
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