Month: January 2026
The energy trade that excites VanEck’s CEO — and it’s not oil
ETF Edge The energy trade that excites VanEck’s CEO — and it’s not oil Published Thu, Jan 15 20267:00 AM EST Blair Bao WATCH LIVE Source
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How Saks’s acquisition of Neiman Marcus plunged the company into bankruptcy: ‘Recipe for disaster’
An entrance to the Saks Fifth Avenue flagship store in New York on Jan. 14, 2026, after the company filed for bankruptcy protection. Brendan Mcdermid | Reuters For more than a decade, the former executive chairman of Saks Global dreamed of adding Neiman Marcus to his collection of legacy department stores, believing the combined entities […]
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Five takeaways from crunch White House talks on Greenland’s future
Greenlandic flags are fixed on a building in Nuuk, Greenland, on Jan. 14, 2026. Alessandro Rampazzo | AFP | Getty Images A high-stakes meeting between the U.S., Denmark and Greenland over the Arctic island’s future ended without a major breakthrough, amplifying concerns about the prospect of a near-term solution. The White House meeting on Wednesday […]
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Amazon launches its ‘sovereign’ cloud in Europe and plots expansion
People walk past the logo of Amazon Web Services (AWS) at its exhibitor stall at the India Mobile Congress 2025 at Yashobhoomi, a convention and expo center in New Delhi, India, October 8, 2025. Anushree Fadnavis | Reuters Amazon launched its “sovereign cloud” offering in Europe on Thursday in a move designed to keep it […]
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Oil prices fall 3% after Trump says ‘killing has stopped’ in Iran
Oil prices fell 3% on Thursday after comments from U.S. President Donald Trump calmed fears that an American strike on Iran could be imminent. Brent crude oil futures, the global benchmark, dipped by 2.8%, or $1.87, to settle at $64.63 a barrel. Front-month West Texas Intermediate crude lost $1.79, or 2.9%, to trade at $60.23 […]
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NATO nations deploy to Greenland after tense White House talks
Greenland residents and political leaders have publicly rejected suggestions by U.S. President Donald Trump that the Arctic island could become part of the United States. Anadolu | Anadolu | Getty Images Several NATO members are deploying small numbers of troops to Greenland, seeking to shore up the Arctic island’s security in the wake of tense […]
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Swiss competition authority opens probe into Microsoft licensing fees
A view shows a Microsoft logo at Microsoft offices in Issy-les-Moulineaux near Paris, France, March 25, 2024. Gonzalo Fuentes | Reuters Switzerland’s competition commission said on Thursday it launched a preliminary investigation into Microsoft‘s licensing fees in the country. The antitrust authority said it has received complaints from private businesses as well as many government […]
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CNBC’s Inside India newsletter: AI is taking over core operations of Indian IT companies
This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here. Millions of techies and engineers who have built India’s multi-billion-dollar IT services industry have a new teammate: artificial intelligence. And embracing this partnership is no longer optional — resistance could mean […]
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UK economy surprises with stronger-than-expected 0.3% growth in November
Restaurants and pubs on James Street in London, UK, on Friday, Dec. 13, 2024. Bloomberg | Bloomberg | Getty Images The U.K. economy grew by a more-than-expected 0.3% in November, data from the Office for National Statistics (ONS) showed Thursday. Economists polled by Reuters had expected a very modest growth figure of 0.1%. The ONS […]
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