Indian telecom major Bharti Airtel is doubling down on Africa venture, UK’s BT
Indian telecom giant Bharti Airtel is raising its stake in British and African ventures as it hunts for growth overseas
China calls for APEC cooperation as commerce minister skips opening over ‘urgent official business’
China’s international trade representative Li Chenggang said he was chairing Friday’s meeting as Commerce Minister Wang Wentao had urgent matters to attend to.
Guzman y Gomez shares surge as much as 20% after fast-food chain says it will exit U.S. market
Guzman y Gomez’s shares surged after announcing that it has decided to exit the U.S. market while keeping its Australian business as the main focus
SoftBank Group adds over $61 billion to market cap in two days as shares surge on AI led optimism
Shares of SoftBank Group extended gains for a second straight session Friday.
CNBC Daily Open: Dow at all-time high as Iran reviews peace deal
Global markets rally as investors continue to price in Middle East de-escalation.
Oil prices post weekly loss as U.S. and Iran signal progress toward a deal
The U.S. and Iran have signaled progress in talks to end the war, but the warring sides remain at loggerheads over key issues.
Japan core inflation softens to over four year low, weakening case for BOJ rate hike
Core inflation — which strips out prices of fresh food — was lower than the 1.7% expected by economists polled by Reuters and below the 1.8% reading in March.
Asia-Pacific markets trade higher as investors assess U.S.-Iran peace deal diplomacy
While oil prices fell in U.S. trading, reports that Tehran intends to keep its enriched uranium stockpile within the country stand to complicate negotiations with the U.S.
How Fanatics cornered the sports collectibles market
As FIFA’s exclusive collectibles licensee, Fanatics is set to tap a rapidly growing market in the world’s largest sport, but longstanding criticisms follow.
Airlines are struggling but China’s ‘Big Three’ face a tougher year than most
China’s carriers face sky-high jet fuel, lack of hedging strategies, and a customer base that can easily pivot to cheaper high-speed rail services.
