business news
Can events drive a comeback? Hong Kong Tourism Secretary on Sevens, visitors and the Iran war
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Rosanna Law, Secretary for Culture, Sports and Tourism of Hong Kong, addresses the effects of the Iran war on the city’s tourism sector, specifically how soaring fuel prices and flight cancellations are affecting visitor inflows. She also emphasizes economic benefits of Hong […]
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Uber raises stake in Delivery Hero in $318 million deal
An Uber Eats courier is seen in Krakow, Poland, on Aug. 21, 2025. Jakub Porzycki | Nurphoto | Getty Images Uber on Friday agreed to purchase an additional 4.5% of shares of German food delivery firm Delivery Hero from the company’s biggest shareholder Prosus. Total gross proceeds to Prosus are approximately 270 million euros ($318 […]
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CNBC Daily Open: A ceasefire, but no Strait talk
A photograph taken from the southern Lebanese area of Tyre shows smoke as it rises from the site of Israeli airstrikes that targeted villages on southern Lebanon on April 16, 2026. Kawnat Haju | AFP | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily […]
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Asia markets open lower as fragile Middle East ceasefire tempers sentiment
Kazuhiro Nogi | AFP | Getty Images Asia-Pacific markets opened lower Friday, as cautious optimism over the Middle East conflict tempered sentiment, diverging from Wall Street’s record-setting rally. U.S. President Donald Trump on Friday said that the war in Iran “should be ending pretty soon,” reiterating rosy predictions about the end of the conflict. Hours earlier, […]
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IMF, World Bank say they are resuming dealings with Venezuela
Venezuela’s interim President Delcy Rodriguez speaks during a press conference after a signing of an agreement ceremony between Chevron Venezuela and the national government at the Miraflores Palace in Caracas on April 13, 2026. Venezuela’s interim president, Delcy Rodriguez, praised on April 13 the progress made in the oil sector regarding foreign investment as part […]
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CNBC Daily Open: A fragile peace, but a firm market rally
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 16, 2026. Jeenah Moon | Reuters Hello, this is Hui Jie writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. Markets march on to new records as the warring sides in the […]
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Trump says war in Iran is going ‘swimmingly’ and ‘should be ending pretty soon’
President Donald Trump on Thursday said that “the war in Iran is going along swimmingly.” “It should be ending pretty soon,” Trump said at an event in Las Vegas, echoing similarly rosy predictions about the end of the war that he has made since the United States and Israel launched attacks on Iran in late […]
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Oil declines as Israel-Lebanon truce raises hopes of wider de-escalation
A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. Alexander Manzyuk | Reuters Oil prices fell after U.S. President Donald Trump said Israel and Lebanon had agreed to a 10-day ceasefire following talks in Washington. U.S. crude oil futures for May delivery fell 1.45% to $93.32 per barrel. […]
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Stock futures are little changed after Israel and Lebanon agree to a 10-day ceasefire: Live updates
Traders work during Madison Air Solutions Corp.’s initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, US, on Thursday, April 16, 2026. Michael Nagle | Bloomberg | Getty Images U.S. stock futures were little changed on Thursday night after President Donald Trump confirmed that Israel and Lebanon […]
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Cramer warns of excessive speculation in the market. He says buy these credible stocks instead
Key Points CNBC’s Jim Cramer warned that there’s a troubling amount of speculation in the market. The “Mad Money” host on Thursday highlighted more credible alternatives for investors. CNBC’s Jim Cramer said Wednesday that signs of excessive speculation are creeping back into the market, echoing patterns that previously led to painful losses for investors . […]
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