Year: 2025
Vanguard, BlackRock deliver second-half market plays that could cushion a potential growth slowdown
ETF Edge Vanguard, BlackRock deliver second-half market plays that could cushion a potential growth slowdown Published Wed, Jul 9 20257:30 AM EDT Siena Griffin@siena_griffin WATCH LIVE Source
Read More
Merck shells out $10 billion for London-based lung therapy firm Verona
Bloomberg | Bloomberg | Getty Images Merck will buy UK-based Verona Pharma for about $10 billion, the companies said on Wednesday, strengthening the U.S. firm’s respiratory treatment portfolio in a bid to diversify its revenue source beyond blockbuster cancer drug. Merck has been leaning on its aging cancer immunotherapy Keytruda, the world’s top-selling prescription medicine, […]
Read More
Singapore state investor Temasek is rethinking defense as a strategic ESG bet
Defense stocks are booming — and according to one of Asia’s biggest investors, allocating capital to the sector doesn’t mean having to abandon ESG initiatives. Speaking to CNBC’s Martin Soong on Wednesday, Rohit Sipahimalani, chief investment officer at Singapore’s state investment fund Temasek, said his team were looking at opportunities in the European defense sector. […]
Read More
Temasek’s portfolio scales new peak even as divestments hit over 2-decade high
An undated photo of a signage at Singapore state investor Temasek Holdings’ headquarters in the Southeast Asian city-state. Bryan van der Beek | Bloomberg | Getty Images Singapore state investment company Temasek Holdings’ net portfolio value soared to a record high of 434 billion Singapore dollars ($324 billion) for its financial year ended March. That’s […]
Read More
Shares of Ray-Ban maker EssilorLuxottica jump 6% on reported Meta stake in AI push
Smart Ray-Ban Glasses, on June 16, 2024, in Caen, Normandy, France. Nurphoto | Getty Images Shares of Ray-Ban maker EssilorLuxottica almost 6% on Wednesday on reports that Meta has taken a minority stake in the company amid growing appetite for AI-powered wearable devices. Meta reportedly bought a stake worth around 3 billion euros ($3.51 billion) […]
Read More
Trump’s tariffs on cars, copper, drugs, aluminum could hit harder than other levies
U.S. President Donald Trump walks as workers react at U.S. Steel Corporation–Irvin Works in West Mifflin, Pennsylvania, U.S., May 30, 2025. Leah Millis | Reuters As President Donald Trump’s tariffs against more than a dozen countries spark fresh concerns about looming country-specific trade measures, often overlooked are the levies on specific products and commodities that […]
Read More
CNBC’s The China Connection newsletter: The hidden drag on China’s economy
Pictured here is construction on the One Sunac Opus high-end apartment complex in Beijing on Oct. 17, 2024. Bloomberg | Bloomberg | 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. Each week, we’ll explore the biggest business […]
Read More
European stocks edge higher as markets digest Trump tariff comments
Banking stocks hit 17-year high The Banc Sabadell Tower in Barcelona, Spain, on May 1, 2024. Bloomberg | Bloomberg | Getty Images European shares open higher It’s around 30 minutes since European markets opened, and regional stocks are edging higher. The pan-European Stoxx 600 was last seen trading up by 0.1%, with all major bourses […]
Read More
CNBC Daily Open: Wishing upon a meteor that tariffs won’t cause inflation
Containers sit at the Port of Los Angeles, in San Pedro, California, U.S., July 8, 2025. Daniel Cole | Reuters U.S. President Donald Trump announced Tuesday that copper and pharmaceutical imports will face tariffs of 50% and as high as 200%, respectively. Following the news, the S&P 500, which hit multiple record closes last week, […]
Read More
Starbucks China attracts bids valuing the coffee chain at up to $10 billion, sources say
Starbucks China has attracted offers for a potential stake sale, valuing the coffee chain at up to $10 billion, three people familiar with the deal process told CNBC. Almost 30 domestic and foreign private equity firms in China have submitted non-binding offers, the sources said, adding that proposals on the table value the business between […]
Read More