CNBC Daily Open: Oil soars as Middle-East tensions spike
The Dow Jones Industrial Average closed at a record high, while the S&P 500 and the Nasdaq Composite dipped 0.32% and 0.85%, respectively.
Canada to slap 100% import tariffs on Chinese electric vehicles over ‘unfair’ competition
Canada on Monday said it is imposing a 100% tariff on China-made EV imports, as well as a 25% tariff on steel and aluminium imports from China.
Shares of Temu parent company PDD plunge almost 29%; ‘too large a correction’, says analyst
The slump comes after the company failed to meet expectations in its second quarter results.
You have a right to ignore your bosses — but only in these countries, and after work hours
Australia has joined the list of countries that allow employees the “right to disconnect” from work.
A tale of two travel recoveries: Japan soars, while China struggles to lure travelers back
Travel demand to visit Japan is setting records, but interest to visit China remains muted among international visitors.
Malaysia charges ex-PM Muhyiddin with sedition over alleged remarks on royalty
Malaysia has charged opposition leader and former PM Muhyiddin Yassin with sedition for allegedly insulting the country’s former king, his lawyer said.
CNBC Daily Open: Oil soars on Middle-East tensions
The Dow Jones Industrial Average closed at a record high, while the S&P 500 and the Nasdaq Composite dipped 0.32% and 0.85%, respectively.
BHP CEO expects a turnaround in China’s property sector in year ahead
BHP’s CEO Mike Henry said he expects China’s property sector to see a rebound in the upcoming year on the back of favorable government policies.
PetroChina posts record earnings for first half of the year
PetroChina posted a record-high operating profit for the first half of the year on the back of strong drilling output and higher oil prices.
Edgar Bronfman drops Paramount bid, clearing path for Skydance deal
Media veteran Edgar Bronfman Jr. on Monday withdrew from the race to bid for Paramount Global, clearing the way for Skydance Media to take control.
