CNBC Daily Open: Fights in Mickey’s club house
Walt Disney is confronting investor activism and a succession race.
Swiss banking giant UBS to launch share buyback of up to $2 billion
UBS on Tuesday announced a new share repurchase program of up to $2 billion, with up to $1 billion of that total expected to take place this year.
Ray Dalio explains why he is still investing in China
Dalio on Tuesday defended his continued investments in China, arguing it is a crucial and manageable market that can overcome its problems.
Ukraine strikes Russian major oil refinery; Zelenskyy signs bill lowering mobilization age to 25
Belarus began military drills in regions along its border with Ukraine, together with EU nations Lithuania and Poland, the Russian ally’s defense ministry said.
A stalemate in the Ukraine war could now be the best-case scenario, analyst says
Russia’s recent momentum has prompted concerns that a stalemate might be the “best-case scenario” that Kyiv can hope for this year.
The global gas glut could reach multi-decade highs in the coming years, Morgan Stanley says
A warmer-than-normal winter has dampened demand for heating and consequently gas in key LNG consuming countries.
Japan approves additional $3.9 billion in subsidies for chip firm Rapidus to meet semiconductor goals
Japan is trying to play catch up with other countries such as Taiwan and South Korea in semiconductor manufacturing.
Here are the best places in the world to do business
“Singapore will remain the best geography in the world to do business, as it has for the past 16 years,” according to the EIU’s business environment ranking.
Xiaomi shares pop 16% after the Chinese smartphone maker launches its first EV
Shares of Xiaomi surged am much as 16% on Tuesday, the first trading day since the company launched its SU7 electric car ahead of the Easter holiday.
Indian carmakers end fiscal 2024 at record levels as March sales rise
Maruti Suzuki, Tata Motors and Mahindra & Mahindra reported higher car sales in March, wrapping up fiscal 2024 at record levels, showed data from automakers.
