Month: November 2025
Orsted swings to quarterly net loss as Trump’s offshore wind battle takes its toll
A turbine blade is lifted onto a rack near tower sections at the Revolution Wind project assembly site at State Pier in New London, Connecticut, US, on Friday, Oct. 24, 2025. Bloomberg | Bloomberg | Getty Images Danish renewables giant Orsted on Wednesday reported a quarterly net loss as the beleaguered company continues to battle […]
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Asia’s private equity funds turn bullish on China, betting on Beijing’s tech-focused economic plan
Zhang Lei, founder and chairman of Hillhouse Investment, during the Global Financial Leaders’ Investment Summit in Hong Kong, China, on Wednesday, Nov. 5, 2025. Bloomberg | Getty Images Asia-focused private equity managers are turning more bullish on the world’s second-largest economy, betting on Beijing’s drive for technological self-sufficiency and rapid adoption to deliver the next […]
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CNBC’s The China Connection newsletter: Rumblings of a crypto race
Bitcoin, ethereum and the stablecoin USDT are promoted at a cryptocurrency store in Hong Kong on July 29, 2025. Peter Parks | Afp | Getty Images This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big […]
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Fossil fuel leaders herald the energy addition era: ‘Music to my ears’
Guests look at a model of the largest data center in the UAE under construction in Abu Dhabi as the Stargate initiative, a joint venture between G42, Microsoft, and OpenAI, during the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) in Abu Dhabi on November 3, 2025. (Photo by Giuseppe CACACE / AFP) (Photo by […]
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Ozempic maker Novo Nordisk lowers growth outlook for its weight loss drugs as pricing pressures mount
A box of Ozempic sits on a table in North Tyneside, Britain, Oct. 31, 2023. Lee Smith | Reuters Danish pharmaceutical giant Novo Nordisk said Wednesday it is trimming its growth expectations for its leading obesity and diabetes treatments as competition intensifies and pricing pressures mount in the weight loss market. Net profit for the […]
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CNBC Daily Open: When AI hype hits gravity
NVIDIA CEO Jensen Huang speaks during the Live Keynote Pregame during the Nvidia GTC (GPU Technology Conference) in Washington, DC, on Oct. 28, 2025. Jim Watson | AFP | Getty Images The euphoria around artificial intelligence is colliding with the limits of reality, and cracks are emerging. Last night, tech giants like AMD smashed expectations […]
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UK Exchange: A minimum wage hike — with maximum consequences
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch Although her next Budget remains three weeks away, exhausted political commentators are already confident of some measures to be announced by Rachel Reeves, the U.K.’s finance minister. One is a further extension of the freeze in […]
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Toyota profits fall for a second consecutive quarter, missing estimates, as U.S. tariffs hit exports
A sign with the Toyota logo in Surrey, England on August, 2023 Peter Dazeley | Getty Images News | Getty Images Toyota Motor on Wednesday missed operating profit estimates for the quarter ended September as the Japanese auto giant bears the brunt of U.S. tariffs. Here are Toyota’s September quarter results compared with mean estimates […]
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Europe to open lower as markets question tech valuations; Novo Nordisk earnings ahead
European stocks are expected to open lower, mirroring global declines as concerns grow over sky-high tech valuations. Source
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McDonald’s is about to report earnings. Here’s what to expect
The logo of McDonald’s is seen in Los Angeles, California. Lucy Nicholson | Reuters McDonald’s is expected to report its third-quarter earnings before the bell on Wednesday. Here’s what Wall Street analysts surveyed by LSEG are expecting the company to report: Earnings per share: $3.33 expected Revenue: $7.1 billion expected The fast-food giant, often seen as […]
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