Big Tech purchases of carbon credits explode amid AI race, with Microsoft leading the way
Carbon credit purchases by Amazon, Google, Meta and Microsoft skyrocketed in 2023, based on tracked purchases.
China talks up oil sufficiency as Trump seeks Beijing’s help on securing Hormuz energy route
The statistics bureau said that China’s energy supply is “relatively strong,” while announcing an uptick in domestic production.
‘One Battle After Another’ takes best picture at the Oscars
The darkly comic thriller “One Battle After Another” won best picture at the Academy Awards, leading a haul of six trophies.
Trump’s warning over Kharg Island raises the stakes for Iran’s oil exports
Trump’s decision to order strikes on Kharg Island has pushed one of the world’s most critical oil hubs into the center of the escalating U.S.-Iran conflict.
Holiday spending, export demand drive China’s economic momentum as Iran war headwinds loom
Beijing tamped down its GDP growth target this year to a range of 4.5% to 5%, the least ambitious goal on record going back to the early 1990s.
CNBC Daily Open: Oil infrastructure under threat as Iran war rages on?
Iran’s critical oil export hub Kharg Island is now in U.S. President Donald Trump’s sights, with Trump threatening strikes on the island’s oil infrastructure.
JD.com takes on Amazon in Europe as China’s e-commerce titans expand globally
JD.com is pushing same-day delivery and international brands as a way to help it compete with Amazon.
Asia-Pacific markets mixed as oil prices stay elevated amid escalating U.S.-Iran tensions
Asia-Pacific markets were mixed as investors continued to monitor elevated oil prices and the latest developments in the escalating U.S.-Iran conflict.
Oil prices fall as Trump pressures allies to help protect tankers in Strait of Hormuz
The U.S. strikes on Kharg Island and Trump’s threat to hit Iran’s oil infrastructure mark a major escalation in the war, according to JPMorgan.
S&P 500 rebounds Monday following three straight weeks of losses as oil prices cool a bit: Live updates
The moves come after the S&P 500 notched its third losing week in a row and closed at its lowest level of the year on Friday.
