India woos U.S. chip giants as it looks to become a semiconductor superpower
The CEOs of Micron and Cadence and execs at Applied Materials and AMD were present at a semiconductor event in India alongside Prime Minister Narendra Modi.
A marathon, not a sprint: Mercedes-Benz CEO outlines challenges in shift to EVs
Mercedes-Benz CEO said the company’s EVs — which include the EQA and EQE SUV — had received a “good reception” so far.
The Bank of Japan just shocked markets with a policy tweak — here’s why it matters
The Bank of Japan loosened its yield curve control in an unexpected move with ramifications across global financial markets.
AstraZeneca CFO denies geopolitics impacts the company’s China business after spinoff rumors
Aradhana Sarin told CNBC the company was in a “very unique space” regarding impact from rising geopolitical tensions between China and the west.
Strong gas business helps to cushion Eni profit fall
Italian energy group Eni reported a 49% fall in its adjusted net profit in the second quarter.
NatWest reports profit rise amid fallout from Farage fiasco
NatWest reported a jump in first half profit on Friday, as it battles to contain the fallout from a clash with former Brexit party leader Nigel Farage.
British Airways-owner IAG beats forecasts, mindful of uncertainty ahead
Leisure travel has boomed since pandemic restrictions ended last year.
Ukraine war live updates: Putin praises ‘militant friendship’ with North Korea; U.S. intelligence highlights China’s economic support for Russia
An unclassified U.S. intelligence report pointed to an uptick in China’s economic support for Russia as it seeks to mitigate the effect of Western sanctions.
Vietnam’s EV maker VinFast set to break ground on delayed U.S. factory
VinFast said the 1,800-acre facility is designed to produce up to 150,000 vehicles a year in phase 1. The factory is expected to start operations in 2025.
China’s housing ministry is getting ‘bolder’ about real estate support
The news indicates how different government levels are starting to act just days after Beijing signaled a shift away from its real estate crackdown.
