business news
Boaz Weinstein’s hedge fund Saba Capital has a new activist target — and has given it an ultimatum to adopt sweeping proposals
Saba Capital, the activist hedge fund led by Boaz Weinstein, has a new target: Workspace Group , a U.K. real estate investment trust (REIT). The New York-based fund manager is calling for a managed wind-down of the trust, which operates office buildings in London and the south-east of England. In a letter to the Workspace […]
Read More
Japan’s Mitsubishi to acquire shale gas assets in U.S. for $7.5 billion
Signage outside the Mitsubishi Corp. head office in Tokyo, Japan, on Thursday, Jan. 15, 2026. Mitsubishi agreed to buy Aethon Energy Management LLC’s US gas and pipeline assets for $5.2 billion, the biggest purchase by a Japanese company in the American shale sector. Photographer: Takaaki Iwabu/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Mitsubishi Corporation said […]
Read More
Some in BOJ see scope to raise rates sooner than markets expect, sources say: Reuters
The Bank of Japan (BOJ) headquarters in Tokyo, Japan, on Friday, Dec. 19, 2025. Photographer: Akio Kon/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Some Bank of Japan policymakers see scope to raise interest rates sooner than markets expect, with April a distinct possibility, as a sliding yen risks adding to already broadening […]
Read More
India’s exports to China surge in December while shipments to U.S. decline as Trump tariffs bite
Aerial view of cargo ship and cargo container in harbor. Adoff 01 / 500px | 500px | Getty Images India’s exports to China soared in December while shipments to the U.S. declined as President Donald Trump’s steep tariffs prompt New Delhi to focus on alternative markets. Exports to China surged 67% in December to $2 […]
Read More
TSMC is set to expand its $165 billion U.S. investment — here’s what we know
U.S. President Donald Trump (right) and C.C. Wei, chief executive officer of Taiwan Semiconductor Manufacturing Co. (left), shake hands during an announcement of an additional $100 billion into TSMC’s U.S. manufacturing at the White House in Washington, DC, U.S., on March 3, 2025. Bloomberg | Bloomberg | Getty Images Buoyed by yet another blockbuster earnings […]
Read More
Asian chip stocks advance, Taiwan outperforms after trade deal with U.S.
The city skyline is seen with the landmark Taipei 101 building from a lookout point on Elephant Mountain in Taipei on April 14, 2025. (Photo by I-Hwa Cheng / AFP) (Photo by I-HWA CHENG/AFP via Getty Images) I-hwa Cheng | Afp | Getty Images Asian chip stocks climbed Friday, lifting several regional markets even as […]
Read More
Venezuela oil fetching 30% higher price, U.S. energy chief says, after first sale worth $500 million
The Nave Photon, carrying crude oil from Venezuela, is docked at Port Freeport in Freeport, Texas, U.S., January 15, 2026. Antranik Tavitian | Reuters The U.S. is securing about 30% higher prices for Venezuelan crude, Energy Secretary Chris Wright said Thursday, as the country has started selling oil from the Latin American nation after capturing […]
Read More
CNBC Daily Open: TSMC earnings draw investors’ eyes back to AI
A man walks past a TSMC logo at Hsinchu Science Park in Hsinchu, Taiwan April 15, 2025. Ann Wang | Reuters Thursday offered markets a rare respite from nonstop geopolitical upheaval. Yet the week’s headlines still reflected larger global dynamics. Case in point: Taiwan’s $250 billion investment in chip production in the U.S. is not […]
Read More
The man behind Google’s AI machine: Watch CNBC’s full interview with DeepMind CEO Demis Hassabis
Hosted by Arjun Kharpal and Steve Kovach, CNBC’s “The Tech Download” cuts through the noise to unpack the tech stories that matter most for your money. In the debut episode, Google DeepMind CEO Demis Hassabis reveals how the leading AI research lab is driving breakthroughs, as well as what the race to artificial general intelligence […]
Read More
Stock futures are little changed after rally in banks and tech lifts major averages: Live updates
Futures-options traders work on the floor at the New York Stock Exchange’s NYSE American (AMEX) in New York City, U.S., Jan. 15, 2026. Brendan McDermid | Reuters Stock futures were near the flatline Thursday night after a rally in banks and tech names boosted the major averages. S&P 500 futures gained 0.1%, while Dow Jones […]
Read More