Month: April 2026
Jet fuel crisis: The airlines hit hardest by the supply squeeze as summer looms
Wizz Air will be hit hardest by the jet fuel crisis impacting Europe’s airline industry, according to analysts at Morningstar — but Ryanair and British Airways owner International Consolidated Airlines Group could be best placed to weather the supply squeeze that threatens to upend the continent’s summer travel plans. Airlines with stronger margin buffers, better […]
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Two ships attacked in Strait of Hormuz, UK says, after U.S. extends Iran ceasefire
USS Abraham Lincoln conducts U.S. blockade operations related to the Strait of Hormuz on April 16, 2026. Handout | Getty Images News | Getty Images Two cargo ships were attacked in the strategically vital Strait of Hormuz, authorities said Wednesday, after the U.S. extended the ceasefire and as diplomats seek to bring the U.S. and […]
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Lawmakers seek to override state data privacy laws with new bill
Chairman Brett Guthrie, R-Ky., arrives for the House Energy and Commerce markup of the FY2025 budget resolution in Rayburn building on Tuesday, May 13, 2025. Tom Williams | CQ-Roll Call, Inc. | Getty Images Two data privacy bills set to be introduced Wednesday and shared first with CNBC would preempt nearly two dozen state laws […]
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Why 3 of Europe’s biggest economies are paying a premium for borrowing as bond traders baulk at ‘BIF’ debt credibility
Bond investors are exacting a heavy price from three of Europe’s largest economies, which are struggling with a credibility crisis as the Iran conflict thrusts government borrowing back into the spotlight. “Britain, Italy and France have now become nations where spreads to what we’d call core nations — such as the U.S. and German government […]
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How Standard Chartered rebuilt after crisis: CEO Bill Winters on leading the turnaround
Standard Chartered CEO Bill Winters reflects on leading the bank through one of its most challenging periods — and how he is positioning it for the future of finance across Asia and beyond. When Bill Winters took over Standard Chartered in 2015, the bank was facing mounting pressure from bad loans, regulatory scrutiny and declining investor confidence. […]
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European stocks open higher after Trump extends Iran ceasefire deadline
US President Donald Trump speaks during the NCAA Collegiate National Champions Day event at the White House in Washington, DC, on April 21, 2026. Brendan Smialowski | AFP | Getty Images LONDON — European stocks opened higher on Wednesday as traders assessed the Iran ceasefire extension and the prospect of further peace talks. By 8:50 […]
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CNBC Daily Open: TACO truce and a Pacific warning
A commercial vessel is seen off the coast of Dubai on April 20, 2026. – | Afp | Getty Images Hello, this is Leonie Kidd writing to you from Singapore, where CNBC is holding the second CONVERGE LIVE event in the striking Jewel complex. It will come as no surprise that the extraordinary turnaround from […]
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CEO with over $3 trillion under management tells Gen-Z to think past ‘hobby investing’
Capital Group Chief Executive Mike Gitlin wants Gen-Z investors recoiling from war-driven commodity trades to start thinking long-term, as the asset management industry races to win over a generation with fundamentally different rules of investing. Responding to an audience question at CNBC’s Converge Live conference in Singapore on Wednesday, Gitlin said younger investors should approach […]
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Hormuz is just a ‘dry run’ if China and U.S. go to war in the Pacific, Singapore foreign minister warns
Singapore Foreign Minister Vivian Balakrishnan (left) speaks with CNBC’s Steve Sedgwick at the CONVERGE LIVE event on April 22, 2026. CNBC Should a war break out between China and the U.S. in the Pacific, “what you are seeing in the Strait of Hormuz will be a dry run,” Singapore Foreign Minister Vivian Balakrishnan said Wednesday. […]
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CNBC Daily Open: Trump looks to mitigate tariff, geopolitical blowback
US President Donald Trump speaks in the State Dining Room of the White House in Washington, DC, US, on Tuesday, April 21, 2026. Daniel Heuer | Bloomberg | Getty Images Hello, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. U.S. President Donald Trump has extended the […]
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