Oil markets will face ‘serious problems’ as demand from China and India ramps up, IEF secretary general says
Oil prices are set to rise in the second half of the year, as supply struggles to meet demand, according to an International Energy Forum official.
FTX lobbyist tried to buy Pacific island of Nauru to create a new superspecies, lawsuit says
Gabe Bankman-Fried, the younger brother of FTX’s founder, tried to buy the island nation of Nauru to build a shelter to create a superhuman species in a lab.
American Express shares dip after earnings. Here’s how to play the stock
Pros on CNBC discussed American Express after it posted mixed second-quarter results that beat on earnings but missed on revenue.
Microsoft shares hit a record high this week. How the pros are playing it
Microsoft shares catapulted to all-time highs this week after announcing pricing for an A.I. tool. Where the stock goes from here.
ESPN held talks with NBA, NFL and MLB in search for strategic partner, sources say
ESPN has held early talks with the NBA, NFL and MLB as potential strategic partners, sources said.
Cathie Wood says her flagship innovation fund has completely exited China
Ark Invest’s Cathie Wood said her flagship innovation fund has reduced its China exposure to zero as the developing market faces an economic slowdown.
King Charles III to receive bumper pay rise after a shake-up of the British royal family’s finances
Organizations critical of the royal family have spoken out against the increased funding.
Tony Bennett, masterful stylist of American musical standards, dies at 96
Tony Bennett, the eminent and timeless stylist whose devotion to classic American songs and knack for creating new standards, died Friday. He was 96.
One of Europe’s biggest food delivery firms doubles down on Middle East with $300 million Saudi deal
Delivery Hero, the German online food delivery company, said Friday it is taking full ownership of its Saudi subsidiary.
Europe braces for yet another heatwave as Greek PM warns ‘hard times are clearly not over yet’
Europe is set for yet another heatwave in the coming days, as an oppressive “heat dome” expands over the southern half of the continent.
