Market participants are concerned Russia’s decision to tighten oil supplies could cause problems for the world’s refiners.
The Nagorno-Karabakh crisis raises serious questions for Russia — and the West
The contested region of Nagorno-Karabakh is internationally recognized as part of Azerbaijan, but it has been under de facto Armenian control since the 1990s.
UK regulator says it may clear Microsoft’s new Activision Blizzard takeover offer
The U.K.’s competition regulator says Microsoft’s restructured takeover proposal of Activision Blizzard, submitted in August, “opens the door to the deal being cleared.”
Germany needs structural change to prevent a shift to the right, Commerzbank CEO says
Germany needs to implement structural changes if it wants to prevent a political shift to the right, Commerzbank CEO Manfred Knof told CNBC.
The Auto Sector’s Green Transition: Three Roads to Lower Returns?
Are investors fully factoring in enough investment risk from the green transition?
H2X secures a US$57m cornerstone investment agreement to accelerate growth
H2X Global (“H2X”), the world’s leading hydrogen fuel cell vehicle company, has secured a USD $57m cornerstone investment agreement from Verde Mobility (“Verde”), which will drive the rapid deployment of its cutting-edge vehicle range to customers in Asia, India, Australia, and Europe. The agreement will provide immediate growth to H2X as it will finance the delivery of its USD $25.7m...
ChatGPT share sale: OPENAI IPO
ChatGPT has been on everyone’s lips since its launch late last year. How will the chatbot disrupt life as we know it? Also, will parent company OpenAI be going public any time soon? What is ChatGPT? ChatGPT is an artificial intelligence (AI) chatbot developed by OpenAI, a research company based in San Francisco, US. The AI chatbot uses a machine...
Cisco acquires Splunk for $28 billion. Here’s what the pros say to do next
Pros on CNBC discussed Cisco after the company announced its largest acquisition ever by acquiring cybersecurity company Splunk for $28 billion.
Stocks making the biggest moves midday: Splunk, Cisco, Broadcom, Fox and more
These are the stocks posting the largest moves in midday trading.
Bank of England ends run of 14 straight interest rate hikes after cooler-than-expected inflation
The Bank of England on Thursday ended a run of 14 straight interest rate hikes after new data showed inflation is now running below expectations.