Business
Orsted files legal challenge over Trump’s halt to $5 billion offshore wind project
A turbine blade is lifted onto a rack near tower sections at the Revolution Wind project assembly site at State Pier in New London, Connecticut, US, on Friday, Oct. 24, 2025. Bloomberg | Bloomberg | Getty Images Danish renewables giant Orsted, the world’s largest developer of offshore wind farms, said on Friday that it had […]
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European stocks poised to start 2026 in positive territory; gold and silver prices rally
European markets were set to open slightly higher on Friday, kicking off the first trading day of the year in positive territory. The U.K.’s FTSE 100 index was on track to open up around 0.2%, according to IG, with Germany’s DAX, France’s CAC and Italy’s FTSE MIB also poised to open at least 0.2% higher. […]
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Yum Brands’ India partners Sapphire, Devyani to merge, creating fast-food franchisee giant
Yum Brands logo Dado Ruvic | Reuters Sapphire Foods India said on Thursday it will merge with Devyani International, in a move that is likely to consolidate local franchisee partners of Yum Brands, the owner of KFC and Pizza Hut. The deal, first reported by the local Economic Times, comes as fast-food franchisees in India face slowing same-store […]
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Stellantis resurrects $100,000 Ram TRX V-8 pickup truck amid industry deregulation
2027 Ram 1500 SRT TRX Stellantis DETROIT — Stellantis is resurrecting a V-8-powered Ram pickup truck called the TRX as the company faces fewer federal emissions regulations and enacts a U.S. sales turnaround plan for its brands. The automaker said Thursday that the 2027 Ram 1500 SRT TRX will be available late in 2026 for […]
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Novo Nordisk enters 2026 on the defense as it faces a ‘must-win’ battle in the U.S. market
Still life of the big three injectable prescription weight loss medicines. Ozempic, Victoza and Wegovy. (Photo by: Michael Siluk/UCG/Universal Images Group via Getty Images) Ucg | Universal Images Group | Getty Images Novo Nordisk’s shift from a market darling to a serious underperformer has set the stage for a transitional 2026 as the Danish drugmaker […]
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Google wraps up best year on Wall Street since 2009, beating megacap peers as AI story strengthens
Google CEO Sundar Pichai waves as he arrives to attend the Artificial Intelligence (AI) Action Summit at the Grand Palais in Paris, France, February 11, 2025. Benoit Tessier | Reuters After a tough start to the year, Google closed out 2025 with its strongest performance — from Wall Street’s perspective — since 2009, when the […]
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Stocks making the biggest moves midday: Nike, Corcept Therapeutics, Taiwan Semiconductor & more
Check out the companies making the biggest moves midday: Nike — Shares of the sneaker giant rose around 4% after board members Tim Cook and Robert Holmes Swan, as well as Nike CEO Elliott Hill, increased their stakes, Verity data shows. The action comes as Nike wraps up a tough year. Corcept Therapeutics — Shares […]
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5 themes that defined business and markets in 2025: Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday and New Year’s Eve. I’ve decided that there are three main groups of holiday observers this year: Those going to parties or watching the Times Square ball drop at home; those doing late-night workout classes or races; and those going […]
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Stocks making the biggest moves premarket: Intel, Hyatt Hotels, Taiwan Semiconductor & more
Check out the companies making headlines before the bell. Intel — The technology stock rose 1%. Earlier this week, Nvidia completed its $5 billion equity investment in Intel. Taiwan Semiconductor Manufacturing — Shares ticked up 1% after Reuters reported that Nvidia asked the semiconductor firm to boost its H200 production in response to Chinese orders […]
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Europe’s banks have had a stellar year. Now they face one big question in 2026
Key Points Europe’s banking sector has flourished in 2025, with lenders notching their strongest annual showing since 1997. Now, after a strong third-quarter earnings season, banks must decide how and where to put their “significant” excess capital to work in 2026. Strategists see the sector as a strong diversification play for investors in 2026. Source
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