Shares of Gucci-owner Kering hit seven-year low after weak forecast, revenue drop on low China sales
Shares in Gucci-owner Kering fell on Thursday after the luxury group announced a sharp decline…
World
CNBC Daily Open: Wall Street sinks, Tesla slumps
S&P 500 and Nasdaq tumble for worst day since 2022. Tesla slumps 12%. Ford misses…
Philippines races to contain oil spill after tanker capsizes in Manila Bay
Fears grow of a large oil spill after tanker carrying 1.4 million litres of fuel…
A soft landing for Boeing?
Plea deal between Boeing and US Dept of Justice involving two 737 Max crashes has…
Australia imposes sanctions on Israeli settlers
The measures target seven individual settlers and hardline settler group Hilltop Youth.
How Israel is shrinking Gaza’s ‘safe zones’
Israel is declaring more and more of Gaza out of bounds for Palestinians — including…
Jeep, Dodge-maker Stellantis reports 48% drop in first-half net profit on weak U.S. sales
Auto giant Stellantis on Thursday reported a steep drop in first-half net profit, citing reduced…
Britain will soon lay out new plans to regulate ‘buy now, pay later’ firms like Klarna after delays
A U.K. Treasury department spokesperson said the government will set out plans to regulate “buy…
US, Canada intercept Russian and Chinese jets off Alaska
NORAD says aircraft did not enter sovereign airspace and were not considered a threat.
Taiwan holds war games amid tensions and typhoon: What you need to know
Taiwan’s 40th edition of its annual Han Kuang war games tests the island’s readiness to…
India is on alert after a fresh outbreak of the deadly Nipah virus. Here’s what you need to know
Health authorities in the southern Indian state of Kerala are on high alert for the…
Biden says it’s time to ‘pass the torch’ in Oval Office speech
US President Joe Biden explained his decision not to seek re-election in a speech from…
Trump blasts Harris as ‘radical’ in first rally since Biden’s exit
Republican claims Harris is a ‘radical left lunatic’, as Biden praises VP as ‘tough’ and…
Salary transparency gains steam in Asia as young people share their salaries online
Whereas California and New York require companies to share pay ranges on job postings, most…
Chinese EV startups are spending more on research than Tesla is
U.S.-listed Chinese electric car companies are spending more on research as a ratio to sales…
Key takeaways from Biden’s Oval Office address on exiting 2024 race
US president says time to ‘pass the torch’ to younger voices, ‘defence of democracy’ more…
Japan’s Nikkei drops 3% as Asia-Pacific markets slide, tracking Wall Street sell-off
South Korea’s GDP grew 2.3% year on year, lower than the 2.5% expected by economists…
CNBC Daily Open: Wall Street sinks, Ford slumps
S&P 500 and Nasdaq tumble, marking their worst day since 2022. Tesla slumps 12%. Ford…
Boeing finalises plea deal over fatal 737 Max crashes
Aircraft giant to pay $243.6m fine under agreement that is subject to US judge’s approval.
Nvidia supplier SK Hynix posts highest quarterly profit in 6 years on AI chip leadership
SK Hynix on Thursday said that a continuous rise in overall prices of its memory…
