A KKR logo displayed on the floor of the New York Stock Exchange on Aug. 23, 2018. Brendan McDermid | Reuters Moody’s Ratings on Monday downgraded a private credit fund run by KKR and Future Standard to junk amid rising bad loans and a string of weak earnings. The ratings firm lowered the debt ratings…
Samuel Boivin | Nurphoto | Getty Images Alibaba on Tuesday announced a new chip designed for agentic capabilities as the Chinese tech giant steps up its semiconductor efforts to fuel its AI push. The XuanTie C950 is a type of chip called a central processing unit (CPU), which Alibaba said will be able to handle the…
Amazon Web Services said it was once again experiencing service disruptions in Bahrain on Monday due to drone activity amid the ongoing conflict in the Middle East. “We are working closely with local authorities and prioritizing the safety of our personnel throughout our recovery efforts,” a spokesperson said in a statement shared with CNBC. AWS…
This photograph shows a figurine in front of the logo of the AI assistant “Claude” built by the US artificial intelligence safety and research company Anthropic during a photo session in Paris on February 13, 2026. (Photo by Joel Saget / AFP via Getty Images) Joel Saget | Afp | Getty Images Anthropic’s Claude can…
Shares of Puig Brands soared as much as 15% Tuesday after beauty peer Estée Lauder confirmed the companies are in talks about a potential merger. Estée Lauder said late Monday that a final decision had not been made on any potential deal, first reported by the Financial Times. It did not disclose any financial terms….
A bull statue and a bear statue stand outside the Frankfurt Stock Exchange on April 7, 2025 in Frankfurt, Germany. Florian Wiegand | Getty Images News | Getty Images Shares listed in Europe struggled to find direction on Tuesday, as uncertainty around a resolution to the Iran war weighed on sentiment. Shortly after the opening…
An aerial view of wind turbines at the Altamont Pass wind farm on January 13, 2026 in Livermore, California. Justin Sullivan | Getty Images The White House has agreed to pay TotalEnergies $1 billion to shelve East Coast wind farm projects that it condemned as “costly,” with the French energy giant’s investment set to be…
Maros Sefcovic, trade commissioner for the European Union (EU), from left, Ursula von der Leyen, president of the European Commission, Anthony Albanese, Australia’s prime minister, and Don Farrell, Australia’s trade minister, during a news conference at Parliament House in Canberra, Australia, on Tuesday, March 24, 2026. Hilary Wardhaugh | Bloomberg | Getty Images The European…
MANGALURU, INDIA – SEPTEMBER 05: A general view shows a section of the Mangalore Refinery and Petrochemicals Limited (MRPL) refinery on September 05, 2025 in Mangaluru, India. India’s vast oil refining complexes are among the largest in the world, processing millions of barrels of crude daily to meet rising domestic and export demand. Abhishek Chinnappa…
Gold bars weighing 1000 grams each are displayed at the Austrian Gold and Silver Refinery (Oegussa) in Vienna, Austria, on Feb. 3, 2026. Georg Hochmuth | AFP | Getty Images Gold extended its slide on Tuesday, deepening its bear market phase, as investors unwind positions, with a stronger U.S. dollar and elevated Treasury yields reducing…
