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CNBC Daily Open: Dow at record close, GameStop shares crash
Andriy Onufriyenko | Moment | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today Dow settles above […]
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Saudi king to be treated for lung inflammation, state news agency says
24 February 2019, Egypt, Sharm El-Sheikh: From left : Egyptian President Abdel Fattah el-Sisi, Saudi King Salman bin Abdulaziz Al Saud and European Commission President Jean-Claude Juncker pose for the family photo of the Arab League and European Union leaders during the European Union (EU) and League of Arab States (LAS) summit at the Sharm […]
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This 35-year-old turned a local Indonesian coffee stall into a unicorn startup — today it brings in $100 million a year
In college, Edward Tirtanata had a brewing love for coffee, so much so that he’d order “one huge cup” every day from either Dunkin’ Donuts or 7-Eleven. Today, the 35-year-old CEO and co-founder of venture-backed unicorn coffee company Kopi Kenangan, still has his cup of joe daily — except that he’s upgraded it to three […]
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Taiwan’s new President Lai Ching-te has been sworn in
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Taiwan’s new president Lai Ching-te was sworn into office on Monday, after serving as Tsai Ing-wen’s vice president for the last four years. All eyes are on his inaugural speech. CNBC’s Emily Tan reports from Taipei. Source
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Didi co-founder Liu steps down after decade at the helm of Chinese ride-hailing company
Didi Global, the Chinese ride-hailing company, must face a lawsuit in a U.S. court claiming it defrauded investors by concealing and disobeying a Chinese government order to postpone its 2021 initial public offering until it resolved cybersecurity and privacy concerns. Bloomberg | Bloomberg | Getty Images Didi Global‘s co-founder Jean Liu has stepped down from […]
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Asia markets poised to climb ahead of China rate decision; key Japan data on deck this week
A man walks past the People’s Bank of China (PBOC) building on July 20, 2023 in Beijing, China. (Photo by Jiang Qiming/China News Service/VCG via Getty Images China News Service | China News Service | Getty Images Asia-Pacific markets mostly rose Monday to kick-start a week packed with economic data from across the region. China, […]
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Hedge fund manager known for M&A picks reveals a new takeover target
Oil services company Weatherford International is a ripe takeover target, according to Alexander Roepers, founder and chief investment officer at Atlantic Investment, who said the stock is set to soar. Roepers, who has previously made a string of accurate bets predicting successful mergers and acquisitions, believes that Weatherford will soon be acquired by a company […]
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Morgan Stanley picks world-wide shares to play a $100 billion AI boom, supplying one particular 40% upside
Demand from customers for AI “enablers” these types of as electric power producers, grid operators and data centers is surging, in accordance to Morgan Stanley, and a range of Asian organizations are set to benefit. Information heart capacity in both Asia and the U.S. is predicted to improve at a compound yearly advancement charge of […]
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Stock futures are little changed after Dow closes above 40,000 for the first time: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading on May 17, 2024 in New York City. Angela Weiss | AFP | Getty Images U.S. stock futures were little changed on Sunday night, after the Dow Jones Industrial Average closed above the key 40,000 level for the first time ever […]
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Russian strikes on Ukraine’s Kharkiv region kill at least 11
A view shows a crater that appeared after a Russian missile strike on a structure at a resort, amid Russia’s attack on Ukraine, in Kharkiv, Ukraine May 19, 2024. REUTERS/Valentyn Ogirenko Valentyn Ogirenko | Reuters Russia struck a busy lakeside resort on the edge of Ukraine’s second largest city on Sunday and also attacked villages […]
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