Blinken announces $1 billion Ukraine aid package during surprise visit
Blinken’s trip comes amid steady gains by Ukrainian forces carrying out a counteroffensive in the south and east of the country.
Qualcomm CEO says AI may breathe new life into smartphones: ‘It could create a new upgrade cycle’
The CEO of U.S. chip giant Qualcomm thinks artificial intelligence could give the smartphone market a fresh lease on life.
Turkey hikes inflation view on path to policy orthodoxy
Turkish President Tayyip Erdogan said tight monetary policy would bring inflation to single digits as the government hiked its year-end forecast to 65%.
World just endured its hottest summer on record. UN chief says ‘climate breakdown has begun’
“We can still avoid the worst of climate chaos – and we don’t have a moment to lose,” said UN Secretary-General António Guterres.
EU lists Alphabet, Amazon, Meta and three other tech giants as ‘gatekeepers’ under strict competition rules
The European Union on Wednesday unveiled a list of six designated “gatekeepers” set to come under its new Digital Markets Act.
Blinken makes surprise trip to Kyiv as fatal blast hits Donetsk region
Ukraine was attacked with a barrage of drones and missiles overnight, officials said, with the capital Kyiv and the southern port of Odesa among the targets.
CNBC Daily Open: Rising oil prices inflame inflation fears
With Saudi Arabia and Russia’s oil supply cuts, there’s a danger that the previous months of low inflation might be an outlier.
Evergrande soars 70% leading Chinese property stocks higher after Country Garden avoids default
The real estate sector was the top gainer on the HSI, but the overall index was still in negative territory, dragged by health-care and industrial stocks.
There are just six bitcoin billionaires in the world, new crypto super-rich report says
Hundreds of millions of people have crypto investments, but only few of them have holdings worth more than $1 million, a new survey shows.
Chinese EVs are now seen posing a ‘real threat’ to Europe’s auto industry
Chinese electric vehicles pose “a real threat” to the European car industry, but the continent’s automakers are aware of the competition.
