New York-listed shares of Canada Goose rose in premarketing trading, after a CNBC report that the winter-clothing maker’s controlling shareholder, Bain Capital, has received bids to take the company private. The stock was up 7.64% at 07:08 E.T. Private equity firm Bain Capital is looking to offload its holding in Canada Goose, sources told CNBC’s…
China is focusing on large language models in the artificial intelligence space. Blackdovfx | Istock | Getty Images Chinese semiconductor firm Cambricon posted record profit in the first half of the year underscoring how local challengers to Nvidia are gaining traction as Beijing looks to boost its domestic industry. Cambricon is among a plethora of…
Brad Smith, president of Microsoft Corp., at the Web Summit conference in Vancouver, British Columbia, Canada, on Wednesday, May 28, 2025. The annual conference gathers key industry figures in technology. James MacDonald | Bloomberg | Getty Images Microsoft asked police to remove people who improperly entered a building at its headquarters in protest of the…
SpaceX’s Starship rocket lifts off from Starbase, Texas, as seen from South Padre Island on Aug. 26, 2025, for its 10th test flight. Ronaldo Schemidt | Afp | Getty Images SpaceX on Tuesday launched its mammoth Starship rocket, breaking a string of explosive failed attempts earlier this year to deploy its first batch of dummy…
European markets are heading for a higher open Wednesday as traders gear up for a quarterly earnings report from chipmaker Nvidia. The Nasdaq-listed stock has become a bellwether for the global technology sector, particularly regarding the progress of the artificial intelligence boom, as its major corporate customers include Microsoft, Google, Meta and Amazon. Its value…
In this pool photograph distributed by the Russian state agency Sputnik, Russia’s President Vladimir Putin meets with German Gref, the CEO of Russia’s largest Sberbank, in Moscow on July 29, 2025. Mikhail Metzel | Afp | Getty Images Russia’s beleaguered economy, with its slowing growth and widening budget deficit, could be one push-factor when it…
Leisure travel to the United States is down this year, but business travel to the country remains stable, according to a report from SAP Concur. The United States was the top destination for global business travelers in the first half of 2025, according to the report. Some 15% of all business air travel bookings were…
SHANGHAI, CHINA – DECEMBER 02: A citizen walks by a Canada Goose store on December 2, 2021 in Shanghai, China. Visual China Group | Getty Images Canada Goose’s controlling shareholder, Bain Capital, has received bids aimed at taking the luxury parka-maker private at a valuation of about $1.4 billion, according to people familiar with the…
A woman looks at the jewelry displayed at a jewelry shop. Pankaj & Insy Shah | Gulfimages | Getty Images India’s exports to the U.S. will invite a steep 50% tariff from Wednesday, as U.S. President Donald Trump’s additional 25% levies on New Delhi over its Russian oil purchases take effect. Analysts are warning that…
Robots manufacture auto parts at a factory in Ningde, China, on Oct. 17, 2024. Nurphoto | Nurphoto | Getty Images China’s industrial profits slipped 1.5% from a year earlier in July, marking a notable recovery following months of steeper declines as Beijing’s campaign against price wars helped improve companies’ margins. This is breaking news. Please…
