World
Shares of world’s largest brewer AB InBev tumble 9% on declining volumes
Budweiser beer cans displayed for sale in a supermarket. Sopa Images | Lightrocket | Getty Images Shares of AB InBev plunged as much as 11% Thursday after the world’s largest brewer posted a worse-than-feared decline in second-quarter volumes, even as revenues and profits surged ahead. The Budweiser maker said volumes declined 1.9% year-on-year over the […]
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Rolls-Royce shares soar 9% on bumper profit and sales
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Painters, nursing assistants, and more: Microsoft’s top 10 most AI-safe careers
Blue-collar jobs are least likely to be impacted by AI, Microsoft research finds. Reza Estakhrian | The Image Bank | Getty Images Blue-collar jobs have a new sheen to them as desk workers become increasingly vulnerable to being replaced by artificial intelligence. Microsoft examined the link between how much certain workers rely on AI tools […]
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CNBC Daily Open: Is India the first to face Trump’s ‘secondary’ tariff on Russia?
India’s Prime Minister Narendra Modi (L) attends a meeting with US President Donald Trump during the G20 Osaka Summit in Osaka on June 28, 2019. Brendan Smialowski | AFP | Getty Images In the frenzied run-up to Friday, Aug. 1 — the day when U.S. President Donald Trump’s new tariffs come into effect (no more […]
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OpenAI spearheads one of Europe’s biggest data centers with 100,000 Nvidia chips
Jaque Silva| Nurphoto | Getty Images OpenAI on Thursday said it is launching a Stargate-branded AI data center in Norway, marking its first foray into Europe with such a project. British firm Nscale will design and build the site as part of a 50-50 joint venture with Norwegian energy infrastructure firm Aker. OpenAI will be […]
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The EU-U.S. trade deal dented euro strength. Strategists say that may not last
The euro has tumbled more than 2% against the U.S. dollar since the European Union struck a framework trade deal with the White House over the weekend, raising questions over whether its massive rally this year against the greenback has run its course. However, market watchers told CNBC that while the euro may have further […]
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Hanwha Ocean shares surge over 16% after U.S.-Korea trade deal
Adie Bush | Connect Images | Getty Images Shares of Hanwha Ocean surged as much as 16.06% on Thursday to their highest levels since July 2015, following U.S. President Donald Trump’s announcement of a blanket 15% tariff on Seoul’s exports to the U.S. According to Reuters, Kim Dong-kwan, the vice chairman of the Hanwha Group, […]
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Trump’s tariff deadline is near. Here’s a look at countries that have a deal — and those that don’t
U.S. President Donald Trump calls on a reporter during a meeting with Philippine President Ferdinand Marcos Jr. in the Oval Office at the White House on July 22, 2025, in Washington, D.C. Chip Somodevilla | Getty Images News | Getty Images Come Friday, the world will have to contend with higher tariff rates from the […]
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CNBC Daily Open: The tariff rate you get is not just about your trade policies
US President Donald Trump shakes hands with Indian Prime Minister Narendra Modi in the Oval Office of the White House in Washington, DC, on Feb. 13, 2025. Jim Watson | AFP | Getty Images In the frenzied run-up to Friday, August 1— the day when U.S. President Donald Trump’s new tariffs come into effect (no […]
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Asia-Pacific markets trade mixed as investors assess U.S.’ 15% tariffs on South Korea; await Bank of Japan’s rate decision
Asia-Pacific markets start the day mixed Asia-Pacific markets opened mixed Thursday. Japan’s Nikkei 225 benchmark moved up 0.21% while the broader Topix index ticked up 0.28%, as of 8.10 a.m. Singapore time (8.10 p.m. ET Wednesday). In South Korea, the Kospi index fell 0.14% while the small-cap Kosdaq was flat. Over in Australia, the S&P/ASX 200 benchmark fell […]
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