‘The bond vigilante is coming back,’ UBS strategist says
The “bond vigilantes are coming back” as investors continue to sell amid the prospect of a growing fiscal deficit, according to UBS Asset Management’s Kevin Zhao.
Chevron to buy Hess Corp for $53 billion in second oil mega-merger in weeks
Chevron said on Monday it will buy smaller rival Hess in a $53 billion all-stock deal, as the oil major looks to increase its footprint in oil-rich Guyana.
Japan probes Google for alleged antitrust violations in search practices
The Japan Fair Trade Commission said it is examining if Google arranged with Android smartphone makers to prioritize its own apps and services.
Philips raises full-year outlook as third-quarter profit jumps
Dutch health technology company Philips on Monday raised its full-year outlook, as it beat analysts’ expectations for the third quarter.
Argentina’s Peronists soar in election to seal run-off with radical Milei
Argentina’s ruling Peronist coalition smashed expectations to lead the country’s general election on Sunday.
CNBC Daily Open: Feeling of uncertainty is hard to shrug off for investors
Rising Treasury yields, looming rate hikes to fight inflation and heightening conflict in the Middle East drove investors away from risky assets last week.
Swiss pharma giant Roche agrees $7.1 billion deal to buy Telavant Holdings
Swiss health care company Roche on Monday announced it would acquire Telavant Holdings in a $7.1 billion transaction.
The Netherlands named the best place to retire — here’s how other countries compare
A new report assesses and ranks different retirement income systems around the world. Here’s how the U.S. compares.
U.S. chip export ban is ‘great news,’ says partner at Chinese tech investment fund
The U.S. Department of Commerce will prevent the sale of some advanced AI chips to China, a move welcomed by a partner at a Chinese investment fund.
Why the world needs Morocco’s desert rock
Morocco has the largest phosphate reserves in the world – making it one of the most important countries for food supply. CNBC visited a phosphate mine close to Marrakesh to understand the importance of this commodity.
