Volkswagen woes deepen as blue-chip index exit follows latest profit warning
Deutsche Bank analysts said the cut to VW’s operating profit forecast initially looks severe but keeps cash generation intact.
U.S.-listed Greenland stocks surge after Trump announces security deal with Denmark
The rally followed a U.S.-Denmark-Greenland security pact aimed at expanding the military presence on the Arctic territory.
Novo shares slide as drugmaker lays out post-Wegovy growth strategy
The Danish company seeks to convince investors it can compete in an increasingly crowded field it helped pioneer.
Here’s what the Saudi East-West pipeline shutdown means for Asia’s biggest crude importers
The shutdown of Saudi’s key East-West pipeline stands to squeeze crude supply for Asian importers, with South Korea appearing the most directly exposed.
Treasury yields ease as global borrowing costs tumble
Treasury yields were lower on Monday following last week’s interest rate bonanza.
CNBC Daily Open: May the ‘AI Force’ be with you
President Trump announces the creation of an ‘AI Force’ as the technology looks set to be a key topic with Chinese President Xi Jinping this week.
Why Goldman says the yen may not have much room to strengthen
The yen may be facing some downside, Goldman said.
Chinese biopharma stocks jump as U.S. weighs keeping door open to drug deals
Chinese biopharma stocks rose on Monday after a report that the U.S. may continue to allow most drug licensing deals with Chinese firms.
Iranian President Pezeshkian to head to New York for UN meeting as Trump warns of no-deal consequences
Trump threatened to destroy Iran’s economy or eliminate its leadership if Tehran doesn’t strike a deal, complicating efforts at diplomacy.
Oil falls as crude flows remain ‘surprisingly strong’
Oil fell Monday, as traders keep watch for a recovery in shipments from Saudi Arabia, even as Mideast tensions continue to escalate.
