Niger hangs in the balance as junta ignores ultimatum from West African bloc
Niger’s coup leaders on Monday closed its airspace, after an ultimatum from the Economic Community of West African States to restore constitutional order expired on Sunday night.
China praises Saudi-led peace talks; U.S. microchips are still fueling Russia’s military despite sanctions
Kherson blasted overnight after President Zelenskyy praises air defense systems supplied by the U.S. and Germany as “very effective.”
Shares of China’s second largest chip foundry Hua Hong jump 13% in Shanghai debut
Shares of Chinese chipmaker Hua Hong jumped 13% at the open during its debut on Shanghai Stock Exchange’s Nasdaq-style Star Market on Monday.
Oil giant Saudi Aramco posts 38% drop in second-quarter profit as lower prices bite
The recent decline in profitability was in line with industry trends and a broader fall in oil prices in the first half of this year.
Siemens Energy CEO on $2.4 billion wind turbine hit: We were ‘going too fast’ with new products
Siemens Energy has booked 2.2 billion euros ($2.4 billion) in costs due to quality issues at its wind turbine unit.
CNBC Daily Open: A good economy doesn’t mean positive markets
The U.S. economy’s had an unbroken string of victories. Yet markets slumped Friday. This reminds us that the two aren’t the same.
How U.S. microchips are fueling Russia’s military — despite sanctions
Moscow is sourcing a growing number of advanced microchips from the West through intermediary countries such as China, analysis by CNBC shows.
How sanctioned Western tech is fueling Russia’s military
Despite sanctions to stifle Moscow’s war, Russia continues to import U.S. microchips and other advanced Western technologies for use in its military equipment — often through intermediary countries like China, Turkey and the UAE. Such items are crucial…
Oil eases from 4-month high as rally takes a breather
Oil prices eased from four-month highs as crude’s summer rally takes a breather.
How — and when — Ukraine’s war with Russia could end
It’s become abundantly clear that Ukraine’s counteroffensive won’t produce quick results. And Western governments could be supporting Ukraine into 2025.
