business news
CNBC Daily Open: As Gulf fatigue sets in, earnings take center stage
A Cargo boat navigates the sea on April 28, 2026 on Qeshm Island, Iran in the Strait of Hormuz. Asghar Besharati | Getty Images Hello, this is Anniek Bao writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. The weekend brought plenty of headlines out of the Middle East — a […]
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World Cup prize pool nears $900 million as FIFA boosts payouts. Here’s who gets what
CNBC Sport World Cup prize pool nears $900 million as FIFA boosts payouts. Here’s who gets what Published Mon, May 4 20262:05 AM EDTUpdated 59 Min Ago Matthew Chin@in/matthewchinyuenhao WATCH LIVE Source
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The nuclear option: Atomic energy could offer Europe hope, say analysts — but it won’t be easy
Hefty upfront costs, issues disposing of radiation and waste, and memories of terrible accidents have all contributed to Europe’s reluctance to embrace nuclear energy in recent decades. But the effective closure of the Strait of Hormuz amid the U.S.-Iran war has exposed the continent’s vulnerability to disrupted energy imports – and nuclear may offer Europe […]
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Denmark faces data center reckoning as power grid overwhelmed by surging demand
COPENHAGEN, Denmark — The Nordics, long seen as a magnet for data center investment thanks to their stable climate and abundance of renewable energy, are now weighing limits on the growth of the power-hungry facilities as surging energy demand forces a rethink. At the center of the debate is Denmark, the first of the Nordics […]
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Experience-led journeys drive demand shift, says travel management group CEO
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Abel Zhao, Group CEO and Executive Director of travel management group CSTS Enterprises, discusses the impact of the energy shock on travel demand, travel trends in China, and the rise of experiential tourism. Source
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Meme stock GameStop makes $56 billion bid for eBay in bid to rival Amazon
A sign is posted in front of the eBay headquarters in San Jose, California. Justin Sullivan | Getty Images U.S. video game retailer GameStop announced Sunday it has made an unsolicited, non-binding offer to acquire eBay for $125 per share in a cash-and-stock deal, valuing the e-commerce platform at roughly $55.5 billion. The offer, split […]
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Rudy Giuliani, former New York mayor and Trump lawyer, hospitalized in critical condition
Rudy Giuliani, the former personal lawyer for former U.S. President Donald Trump, speaks to the press on the second day of the Republican National Convention at the Fiserv Forum on July 16, 2024 in Milwaukee, Wisconsin. Alex Wong | Getty Images Former New York City Mayor Rudy Giuliani was in “critical but stable condition” in […]
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CNBC Daily Open: Trump’s Hormuz gambit lands with a whimper
U.S. Marines from the 31st Marine Expeditionary Unit board M/V Blue Star III, a commercial ship suspected of attempting to transit to Iran in violation of the U.S. blockade of Iranian ports, April 28, 2026. U.S. forces released the vessel after conducting a search and confirming the ship’s voyage would not include an Iranian port […]
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Oil prices fall in choppy trade as Trump plans to ‘free’ ships stranded due to Mideast conflict
The Ateela 2 Oil Tanker boat navigates the sea on April 28, 2026 on Qeshm Island, Iran in the Strait of Hormuz. Asghar Besharati | Getty Images Oil prices fell in choppy trade Monday, as market participants assess U.S. President Donald Trump’s announcement to “free” ships that have been trapped due to the closure of […]
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Asia markets set to open mixed after Trump unveils plan to free ships in Hormuz
A screen displays the Nikkei 225 Stock Average figure on the trading floor at the Nomura Securities Co. headquarters in Tokyo, Japan, on Jan. 11, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets were set to open mixed Monday as investors assess President Donald Trump’s plan to “free” ships stranded in the Strait of […]
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