Russia massive earthquake triggers tsunami warnings in U.S., Japan: Here's what we know so far
The earthquake, which struck early Wednesday, triggered evacuation orders in Hawaii and Japan. Source link
Business
Read More
Chinese AI companies make money
Tencent shows off its various AI applications based on its Hunyuan model at the World AI Conference in Shanghai on July 26, 2025. CNBC | Evelyn Cheng This report is from this week’s edition of CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. Each week,…
Strong FTSE, strong UK? Not necessarily: CNBC’s UK Exchange newsletter
This report is from this week’s CNBC’s UK Exchange newsletter by Ian King. Like what you see? You can subscribe here. The dispatch Ian Holloway, one of the most eccentric managers in British football, is famous for his idioms and sayings. One of his most celebrated came when, in May 2004, his Queens Park Rangers team…
UBS posts better-than-expected quarterly profit
Group invested assets soared on the back of increases in the lender’s global wealth management and corporate units. Source link
HSBC second-quarter profit plunges 29%, missing expectations
A view of the logo of HSBC bank on a wall outside a branch in Mexico City, Mexico, on June 14, 2024. Henry Romero | Reuters Europe’s largest lender HSBC on Wednesday missed second-quarter profit expectations, mostly on account of impairment charges, according to the bank. It reported profit before tax for the three months…
South Korea’s LG Energy Solution signs $4.3 billion battery supply deal
The logo of LG Electronics is seen on the opening day of the Integrated Systems Europe exhibition in Barcelona on January 31, 2023. Pau Barrena | Afp | Getty Images South Korea-based LG Energy Solution announced Wednesday that it had signed a $4.3 billion contract for supplying batteries to a major corporation, without naming the…
Australia’s second-quarter inflation drops to lowest since March 2021, supporting case for rate cut
Michele Bullock, governor of the Reserve Bank of Australia (RBA), speaks during a news conference at the bank’s head office in Sydney, Australia, on Tuesday, Apr. 1, 2025. Bloomberg | Bloomberg | Getty Images Australia’s headline inflation rate in the second quarter of the year slipped to its lowest point since March 2021, coming in…
MAS keeps monetary policy steady, flags slowdown in second half
Singapore retains its title as the most expensive city for high-net-worth-individuals, according to Julius Baer’s 2025 Global Wealth and Lifestyle report. Deejpilot | E+ | Getty Images Singapore’s central bank warned on Wednesday that the city-state’s economy is “projected to moderate in the second half of 2025 from its strong pace in [the first half],”…
Google execs say employees have to ‘be more AI-savvy’
Alphabet CEO Sundar Pichai during the Google I/O developers conference in Mountain View, California, on May 10, 2023. David Paul Morris | Bloomberg | Getty Images Google executives are pushing employees to act with more urgency in their use of artificial intelligence as the company looks for ways to cut costs. That was the message…
Jim Cramer explains why he’s hesitant to recommend Figma after its IPO
CNBC’s Jim Cramer on Tuesday reviewed Figma, a design software company set to go public this week. Although he said he likes Figma’s underlying business, he’s hesitant to recommend the stock right away because it might quickly become too expensive. “There’s a lot to like about Figma, the company, but it’s already coming public at…