How the Iran war has stoked competition between India and China for Russian oil
As the Iran war drags on and the Strait of Hormuz stays shut, India and China are increasingly competing against each other for shrinking crude oil supplies.
Economic coercion from U.S. and Europe almost drove Canada ‘into China’s arms,’ says Trudeau
Former Canadian Prime Minister Justin Trudeau said U.S. actions almost allowed aircraft manufacturer Bombardier to be bought by China.
‘We are facing the biggest energy security threat in history,’ IEA chief tells CNBC
“We are facing the biggest energy security threat in history,” Fatih Birol, the head of the International Energy Agency, told CNBC on Thursday.
L’Oreal stock pops 9% after ‘impressive’ earnings, notches biggest gain in 18 years
The cosmetics market shows no signs of slowing down, analysts said after L’Oreal’s “impressive” results.
The future of air power is autonomous and the U.S. is not in the lead, aircraft developer CEO warns
The current wars in Iran and Ukraine have shown that small and medium sized autonomous platforms have dominated.
Roche CEO laments Swiss franc strength as drugmaker doubles down on U.S. investment
Currency effects weighed on the Swiss drugmaker’s first-quarter earnings
Microsoft expands AI footprint in Australia with $18 billion investment
Microsoft announced a new A$25 billion ($18 billion) investment into Australia’s digital infrastructure on Thursday, spanning cybersecurity and AI development.
CNBC Daily Open: No path to peace — yet: Trudeau
Canada’s former Prime Minister Justin Trudeau says the path to peace will be challenging as Iran’s fragile ceasefire continues.
European stocks open lower; Nokia and L’Oreal shares soar on earnings beats
European stocks are expected to open in negative territory on Thursday as regional market sentiment declines.
Justin Trudeau tells CNBC that international organizations may no longer be fit for purpose
Trudeau reiterated Ottawa’s call for world leaders to unite and adopt “microlateralism” where a small group of countries identify shared interests.
