Barclays jumps 8.6% after announcing major strategic overhaul
Barclays on Tuesday reported a fourth-quarter net loss of £111 million ($139.8 million) as the British lender announced an extensive strategic overhaul.
Airbus says competition from China’s Comac C919 is ‘not going to rock the boat’
An Airbus executive said at the Singapore Airshow that he was not worried about competition from China’s domestic passenger jet, the Comac C919.
CNBC Pro Talks: Fund manager to reveal his favorite ‘Magnificent 7’ alternatives and more
Latitude Investment Management’s Freddie Lait will discuss investing amid widespread uncertainty and his favorite “Magnificent Seven” alternatives.
S&P 500 and Nasdaq close lower on Tuesday, dragged down by Nvidia: Live updates
Stocks were lower Tuesday as the market comes off its first losing week in more than a month and traders pored over the latest batch of earnings.
U.S. pushes for U.N to support temporary Gaza ceasefire, oppose Rafah assault.
The U.S. proposed a rival draft U.N. resolution calling for a temporary ceasefire and opposing an offensive by Israel, according to the text seen by Reuters.
Fears over China seeking military advantage from ASML tools underlie export blocks, says Dutch trade minister
Fears that ASML’s computer chip equipment will be used for Chinese military ends underlie recent government decisions to deny the company export licences
BHP half-year profit beats expectations, inflation impact recedes
BHP Group logged first-half underlying profit that slightly beat expectations, buoyed by strong iron ore prices, and said inflationary impacts were receding.
China boosts property funding with first cut in key loan rate since June
The five-year benchmark loan rate — the peg for most mortgages — was cut by 25 basis points, according to a statement Tuesday from the People’s Bank of China.
Gold at $3,000 and oil at $100 by 2025? Citi analysts don’t rule it out
There’s an off chance that gold prices could soar to $3,000 per ounce, and oil to surge to $100 per barrel within the next 12 to 18 months, says Citi.
