CNBC’s Ted Kemp clarifies how The Team of 7 wealthy nations’ selling price cap on Russian oil will lower the value Moscow can get from any purchaser, no matter if they’re component of the rate cap settlement or not.
The G-7’s ‘price cap’ will hurt Russian oil — and it almost certainly will not matter if China and India indication on
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Thyssenkrupp warship spinoff TKMS taps into Europe’s defense boom with Frankfurt IPO
TKMS, the German warship manufacturer which has spun out from parent group Thyssenkrupp, plans to capitalize on the expected surge in Europe’s defense spend with “prudent, margin-oriented growth” after debuting on Frankfurt’s stock exchange Monday. The initial public offering saw TKMS launch at around 60 euros ($70) per share — giving it a market […]
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Cargo plane slides off runway and falls into sea in Hong Kong, killing two airport staff
escue workers approach a cargo aircraft that skidded off a Hong Kong runway on Monday, Oct. 20, 2025. Chan Long Hei | AP Two Hong Kong airport security staff were killed early on Monday after a cargo plane from Dubai skidded off the runway on landing, collided with their security patrol vehicle and pushed it […]
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Amazon Web Services outage takes down major websites
Amazon Web Services Inc. signage at the Nvidia GPU Technology Conference in San Jose, California, on March 20, 2025. David Paul Morris | Bloomberg | Getty Images Amazon Web Services, a leader in the cloud infrastructure market, reported a major outage on Monday, taking down numerous big-name websites. AWS cited an “operational issue” affecting “multiple […]
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