UK PM Sunak dealt blow as court rules Rwanda deportation plan unlawful
The three senior appeal court judges ruled, by a majority, that Rwanda could not be treated as a safe third country.
H&M shares jump 17% as summer collection boosts profit
H&M, which has lagged Zara owner Inditex, has sought to raise its fashion appeal and boost its higher-priced brands.
Second night of unrest erupts in France after police shoot teenager
The use of lethal force by officers against the teenager, who was of North African origin, has fed into a deep-rooted perception of police brutality.
Asian chip stocks rally after Micron’s bullish forecast signals easing supply glut
Shares of Asian chipmakers rallied after Micron’s earnings beat estimates on the back of higher demand for its memory chips driven by the growing A.I. sector.
Armed man killed in gunfire exchange near U.S. consulate in Saudi Arabia
Two people were killed when an armed man exchanged fire with Saudi Arabian security authorities near the U.S. consulate building in Jeddah.
Huawei says applying 5G technology to business was more difficult than expected
Huawei’s Chief Financial Officer Meng Wanzhou said Wednesday that applying 5G to business was more difficult than she had expected.
Asia pushes back on ‘excessive’ currency moves amid enduring dollar strength
Japan, Malaysia and China officials have taken steps to push back this week against bets that have dragged their currencies to multi-month lows.
These stocks raised dividends for the last 5 years, with 2 offering more than 10% yield
CNBC Pro screened for stocks to beat those still-rising prices, with at least a 5% dividend yield, and further upside of more than 20%.
These two globally competitive food delivery stocks will soar 120%, RBC says
The investment bank’s analysts said that the two companies had room to further improve profitability by raising the cost of food delivery.
Asia markets mixed; chip stocks surge after Micron’s strong forecast
Asia-Pacific shares are mixed as investors continue to digest comments from Federal Reserve Chair Jerome Powell on more restrictive policies ahead.
