China’s answer to Boeing and Airbus makes first international flight — could COMAC challenge the aviation duopoly?
China’s C919 has made its first scheduled international commercial flight, a milestone in COMAC’s bid to challenge Boeing and Airbus globally.
New York City Council announces probe into prediction market platforms’ marketing strategies
In letters to four prediction market platforms, City Council Speaker Julie Menin said the council was also actively considering legislation to address concerns.
Chinese tech giant Tencent sees spending surge, defends potential ‘superior’ AI returns
Tencent stock was down 26% so far in 2026 as the company faces intense competition in China in AI and investors grow jittery about its rising spending.
Treasury yields ease after inline July consumer inflation data
The yield on the 10-year U.S. Treasury note — the key benchmark for mortgages, auto loans and credit card debt — was slightly lower.
World’s largest sovereign wealth fund posts record $184 billion profit as it reveals SpaceX stake for the first time
The fund — currently valued at around $2.34 trillion — is an investor in more than 7,000 companies across 60 countries.
Hormuz closure squeezes global economy as oil demand destruction intensifies, IEA says
The IEA expects oil demand to fall by 1.6 million barrels a day in 2026 as high fuel prices and Strait of Hormuz disruptions weigh on consumption.
CNBC Daily Open: Chips, ships and a sliding yen
After having sold Wall Street on the chips powering the artificial intelligence boom, Nvidia wants Wall Street to help bankroll the buildout itself.
Hello Kitty, goodbye stock gains: Sanrio shares plunge 18% following earnings
Sanrio shares fall following earnings results
Aviva’s remarkable revival leaves one big question: What next?
Aviva shares are up around 150% since Amanda Blanc become CEO. Before long, investors will be asking: what next?
Houthi attack kills six in Red Sea; Trump slams Iran as hopes for Hormuz Strait deal dim
After the incidents in Bab el-Mandeb and the Gulf of Oman, President Donald Trump on Truth Social wrote of the Strait of Hormuz, “I THINK WE WILL KEEP IT!”
