World
Why investors think Starbucks’ China business may be overvalued
Starbucks’ investors were excited for a brief moment after CNBC reported that the coffee giant received offers valuing its China operations at up to $10 billion, sending its Nasdaq-listed shares over 3% higher briefly before paring back gains. Starbucks China has attracted offers for a potential stake sale, valuing the coffee chain at between $5 […]
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Startups love the UK. Its IPO market? Not so much
London’s Old Street roundabout, home to many tech firms and sometimes dubbed “Silicon Roundabout.” Chris Ratcliffe | Bloomberg | Getty Images U.K. capital markets are at a crossroads. The country’s startups raised $8 billion in the first six months of the year, according to a report from Dealroom and HSBC Innovation Banking — more than […]
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CNBC’s Inside India newsletter: The price of FOMO — India’s options market faces a reality check
Hi, I’m Spriha Srivastava, executive editor for digital at CNBC International. Welcome to this edition of Inside India. This week, I look at how the boom in India’s derivatives markets has brought a whole host of worries for retail investors, who are typically young and drawn in by the promise of quick profits. Mumbai, India: […]
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European stocks open higher, brushing off tariff updates; WPP names Microsoft exec Cindy Rose as new CEO
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CNBC Daily Open: AI is drawing investors’ attention away from fresh tariffs
Cranes unload the cargo of Panamanian flagged bulk carrier Star Taishan at the Port of Rio Grande, southern Brazil, on May 6, 2025. Silvio Avila | AFP | Getty Images Just this morning Singapore time, U.S. President Donald Trump said that the 50% tariff on copper imports, which he announced earlier on Tuesday, will begin […]
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Activist investor Standard Investments halves stake in Johnson Matthey after major overhaul
Key Points Activist investor Standard Investments has halved its stake in London-listed Johnson Matthey after a six-month campaign to overhaul the company. Based in New York, Standard Investments is the investment arm of Standard Industries, a privately held industrial company that owns the specialty chemicals company W.R. Grace. Standard began agitating late last year by […]
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CNBC Daily Open: More tariff letters are out, but investors have their eyes on AI
Aerial photo taken on April 3, 2025 shows a view of a port in Rio de Janeiro, Brazil. Wang Tiancong | Xinhua News Agency | Getty Images Just this morning Singapore time, U.S. President Donald Trump said that the 50% tariff on copper imports, which he announced earlier on Tuesday, will begin on Aug. 1. […]
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Bank of Korea expectedly keeps rates steady at an almost three-year low
This photo taken on Nov. 24, 2022 shows the building of Bank of Korea BOK in Seoul, South Korea. South Korea’s central bank on Thursday raised its policy rate to curb inflation, delivering six back-to-back rate hikes for the first time. (Photo by Wang Yiliang/Xinhua via Getty Images) Wang Yiliang | Xinhua News Agency | […]
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Asia-Pacific markets mixed after Trump slaps 50% tariff on Brazilian imports
Opening calls from sunny Singapore Good morning from Singapore! Asia-Pacific markets are set to open mixed. Japan’s benchmark Nikkei 225 was set to open higher, with the futures contract in Chicago at 39,925 while its counterpart in Osaka last traded at 39,910 against the index’s Tuesday close of 39,821.28. Futures for Hong Kong’s Hang Seng index stood at 23,863 […]
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‘Hard to ignore’: 3 stocks to play the undervalued UK market, according to an asset manager
The opportunities on offer in the U.K. stock market — long stereotyped as unloved, unexciting and full of “old economy” firms like mining and oil majors — are “becoming hard to ignore,” portfolio managers at Ninety One say. London firms have broadly been undervalued for more than a decade, worsened by the vote to leave […]
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