Oil market faces a rude awakening if Iran’s energy infrastructure is targeted, analysts say
Oil markets are being too complacent given the risk of major supply disruptions in the Middle East, analysts told CNBC on Thursday.
Tesla recalls more than 27,000 Cybertrucks to fix rear-view camera delay
Tesla said on Thursday it would recall more than 27,000 Cybertrucks due to delayed rear-view camera images that could impair driver visibility.
Klarna CEO says a European tech brain drain is ‘number one risk’ for company ahead of IPO
Klarna boss Sebastian Siemiatkowski said unfavorable share-based compensation rules in Europe could cause employees to flock to U.S. tech companies.
UK house sales rise at fastest pace since Covid boom as lower mortgage rates boost activity
Lower mortgage rates are sparking an uptick in the U.K. housing market, with home sales rising last month at the fastest pace since the post-lockdown boom, new data shows.
Sterling plunges more than 1% against the dollar, euro after Bank of England governor’s comments on rates
Sterling was down 1.27% to $1.3098 at 12:30 p.m. in London.
CNBC Daily Open: Buffeted by Middle East, propelled by China
Tensions in the Middle East are weighing down investor sentiment, but the recent stimulus unleashed by Beijing is causing a rally in Chinese-related stocks.
U.S. bans Chinese firms in Uyghur region as Beijing fights forced labor claims
The U.S. has added two new Chinese companies to Xinjiang trade blacklist one week after Beijing launched a retaliation against forced labor claims.
U.S. bans Chinese firms in Uyghur region as Beijing fights forced labor claims
The U.S. has added two new Chinese companies to Xinjiang trade blacklist one week after Beijing launched a retaliation against forced labor claims.
Auto giants are getting nervous about the prospect of mega fines as EV demand falters
Europe’s top car giants appear to be increasingly concerned about the prospect of massive fines, particularly as electric vehicle demand falters.
Philippines levies 12% VAT tax on digital services by Amazon, Netflix and Disney
The country’s internal revenue agency said the move is intended to level the playing field for domestic brick and mortar players.
