PetroChina posted a record-high operating profit for the first half of the year on the back of strong drilling output and higher oil prices.
This Nvidia partner says it can cut data center energy use by 50% as AI boom strains power grid
Data center company Sustainable Metal Cloud wants to reduce the strain on energy resources and carbon emissions.
BHP CEO expects a turnaround in China’s property sector in year ahead
BHP’s CEO Mike Henry said he expects China’s property sector to see a rebound in the upcoming year on the back of favorable government policies.
India wants to be a developed nation by 2047 — but it has to tackle gender inequality first
Entrenched sexism still persists in India and the country will need to tackle the obstacle to achieve its economic goals, economic experts say.
Asia markets track declines in key Wall Street indexes; investors assess China industrial profits
China reported that its industrial profits from January to July climbed 3.6% year on year, compared to a 3.6% year on year climb from January to June.
UBS veteran boss Ermotti may have pulled off the deal of the decade with the Credit Suisse rescue
After an intense weekend of negotiations in March 2023, UBS agreed to buy its embattled rival Credit Suisse. But not everyone was convinced it was a good idea.
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Oil prices set to remain elevated as Middle East tensions threaten a wider conflict, CBA analyst warns
Brent forecast to trade at $75 to $85 per barrel in September due to diminishing prospects of a truce in Gaza and an expected Iranian retaliation against Israel.
CNBC Daily Open: Nvidia’s ‘drop-the-mic moment’
Wall Street rallies on Powell’s rate cut signal. Intel calls in advisors for activist defense. China slams U.S. over export ban.
Tesla’s Optimus faces stiff humanoid competition at Beijing robot conference
While Chinese companies last week showed off human-like robots playing the zither or grabbing sodas, Tesla displayed its Optimus humanoid inside a clear box.