Day: May 7, 2026
How Maersk and the U.S. military got a ship to pass through Strait of Hormuz
The container ship Astrid Maersk, operated by AP Moller-Maersk A/S, sails from the port of Barcelona, Spain, on Thursday, April 30, 2026. Bloomberg | Bloomberg | Getty Images The chief executive of Maersk, one of the world’s largest shipping companies, said Thursday that one of its commercial vessels was able to successfully pass through the […]
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EU weighs restricting use of U.S. cloud platforms to process sensitive government data, sources tell CNBC
The flags of the European Union fly in front of the European Parliament. Philipp von Ditfurth | dpa | Picture Alliance | Getty Images The European Union is considering rules that would restrict its member governments’ use of U.S. cloud providers to handle sensitive data, sources familiar with the talks told CNBC. The European Commission […]
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Japan may have fired its yen bazooka twice, but markets are testing Tokyo’s resolve
While authorities have typically refrained from immediately confirming currency interventions, they usually issue warnings beforehand — an intentional, strategic ambiguity that keeps the element of surprise to maximize market impact. Richard A. Brooks | Afp | Getty Images After multiple warnings against the “speculative” and “one-sided” currency moves, Japan’s Ministry of Finance appears to have put its […]
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Oil giant Shell tops quarterly profit estimates as Iran war drives price surge
The Shell gas logo is displayed at a gas station on April 27, 2026 in Austin, Texas. Brandon Bell | Getty Images British energy major Shell on Thursday reported stronger-than-expected first-quarter profit as the Iran war sent energy prices soaring. The oil giant posted adjusted earnings of $6.92 billion for the first three months of […]
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Asian Development Bank’s $70 billion energy and digital infra push puts Southeast Asia center stage
Key Points ADB’s $70 billion plan includes a pan-Asia power grid initiative and an Asia-Pacific digital highway for better connectivity in the region. Industry experts say Southeast Asia stands to gain the most from ADB’s plans. Source
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CNBC Daily Open: Iran reviews ‘one-page peace plan’
This photo taken on April 20, 2026 shows a national flag of Iran hanging on a building damaged by the U.S.-Israeli attacks in Tehran, Iran. Shadati | Xinhua News Agency | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily Open. A one-page document has […]
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It’s not just Big Oil. Wind giants welcome profit beats as Iran war spurs energy pivot
An employee works on core components of circuit breakers for wind turbines at Siemens Energy’s Hangzhou Plant on February 28, 2026 in Hangzhou, Zhejiang Province of China. China News Service | China News Service | Getty Images The Iran war appears to have supercharged the clean energy transition, providing a catalyst for wind power giants […]
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McDonald’s is about to report earnings. Here’s what to expect
People walk by a McDonald’s restaurant on March 11, 2026 in Las Vegas, Nevada. Kevin Carter | Getty Images McDonald’s is expected to report its first-quarter earnings before the bell on Thursday. Here’s what Wall Street analysts surveyed by LSEG are expecting the company to report: Earnings per share: $2.74 expected Revenue: $6.47 billion expected […]
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AirAsia CEO on optimizing its fleet with record Airbus deal
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Tony Fernandes, CEO of Capital A, talks about the AirAsia’s latest order deal with France’s Airbus, and explains how the addition of A220s will help streamline and expand the airline’s network. Source
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SoftBank shares surge over 16% as Japan tech stock-fueled rally lifts Nikkei 225 to record highs
CANADA – 2025/08/07: In this photo illustration, the SoftBank Group (Soft Bank) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Shares in Japanese tech-focused investment giant SoftBank Group soared 16.5% Thursday, amid a broader tech-fueled rally that saw Japan’s […]
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