World
Three things Europe wants as leaders prepare to meet Trump
U.S. President Donald Trump speaks to reporters aboard Air Force One on his way to Alaska meet with Russian President Vladimir Putin on to negotiate an end to the war in Ukraine, U.S., August 15,2025. Kevin Lamarque | Reuters LONDON — Three goals are topping the agenda as several European leaders join Ukrainian President Volodymyr […]
Read More
Novo Nordisk shares pop 5% after Wegovy receives U.S. approval for liver disease
Wegovy injection pens arranged in Waterbury, Vermont, US, on Monday, April 28, 2025. Shelby Knowles | Bloomberg | Getty Images Shares of Novo Nordisk climbed almost 5% Monday after the company’s blockbuster Wegovy obesity drug received accelerated approval from the U.S. Food and Drug Administration to treat a serious liver disease. The company on Friday […]
Read More
Trump advisor Peter Navarro slams India’s ‘opportunistic’ purchases of Russian crude
A train transports oil tankers in Ajmer on July 7, 2025. Indian exporters are scrambling for options as they seek to mitigate the fallout of U.S. President Donald Trump’s threatened tariff salvo against the world’s most populous nation. Himanshu Sharma | Afp | Getty Images U.S. President Donald Trump’s trade advisor Peter Navarro on Monday […]
Read More
CNBC Daily Open: Trump’s ‘peace’ for Ukraine doesn’t seem like what Zelenskyy wants
There was no deal when U.S. President Donald Trump met his Russian counterpart Vladimir Putin on Friday. That was not unexpected. The summit, which was initially arranged to discuss a ceasefire to Moscow’s war in Ukraine, was on Tuesday reframed by White House Spokesperson Karoline Leavitt as a “listening exercise” that allowed Trump to get […]
Read More
Pop Mart’s Labubus boost China’s soft power as Beijing brands find global appeal
For years, China had an image problem it couldn’t shake off — synonymous with cheap exports, heavy censorship, and a state shrouded in secrecy and scandal. That has been changing as the country strives to burnish its image, rising in soft power rankings, with domestic businesses helping Beijing secure a significant facelift. Chinese coffee chains […]
Read More
Qantas to pay record fine of $58 million for pandemic sackings criticized by judge
A court ordered Australia’s largest airline, Qantas Airways, on Monday to pay a record fine of A$90 million ($58.64 million) for illegally sacking 1,800 ground staff during the COVID-19 pandemic and criticized it for a lack of contrition. In imposing the penalty, the largest ordered by a court on a company in the history of Australia’s labor […]
Read More
Energy supermajors are betting big on LNG, shrugging off peak gas predictions
Oil majors are betting big on liquified natural gas (LNG), throwing down the gauntlet to predictions of peak gas by the end of the decade. Britain’s Shell , a leading player in the global LNG market, has identified the super-cooled commodity as a primary focus amid the energy transition. France’s TotalEnergies said it expects LNG […]
Read More
European markets set to open higher ahead of Trump-Ukraine crunch talks
U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskyy at the White House in Washington, D.C., on Feb. 28, 2025. Nathan Howard | Reuters LONDON — European stocks are expected to open in positive territory on Monday as traders focus on a meeting between European leaders and U.S. President Donald Trump to discuss Ukraine. The […]
Read More
This Asian data center hub is quietly grappling with the massive costs of AI: energy and water
The artificial intelligence boom has brought with it hundreds of billions of dollars in investments and promises of economic growth . But the infrastructure required is demanding massive amounts of energy and resources. One lesser-known example of that dilemma can be found in the southern tip of Malaysia, which has quietly become one of Southeast […]
Read More
CNBC Daily Open: ‘Peace’ can look different to Trump, Putin and Zelenskyy
U.S. President Donald Trump (R) and Russian President Vladimir Putin arrive for a press conference at Joint Base Elmendorf-Richardson on August 15, 2025 in Anchorage, Alaska. Andrew Harnik | Getty Images There was no deal when U.S. President Donald Trump met his Russian counterpart Vladimir Putin on Friday. That was not unexpected. The summit, which […]
Read More