Forget DeepSeek. China’s already released 5 new AI models and UBS prefers this one
While many Chinese companies have chased market share at home for consumer AI applications, UBS likes one in particular for its global enterprise potential.
$100 oil? Prolonged Hormuz closure could spark a 1970s-style energy shock
Energy analysts are bracing for a possible oil supply shock after U.S. strikes on Iran reignited fears of disruptions in the Strait of Hormuz.
U.S.-Israel strikes Iran: What we know as markets brace for turmoil
The Middle East has been thrust into a widening conflict, causing investors to brace for risk-off trades once markets reopen.
Iran after Khamenei: What’s next and what it means for the country?
Khamenei assumed power following the death of Ayatollah Ruhollah Khomeini in 1989, inheriting a revolutionary state still consolidating itself.
Airlines cancel hundreds of flights after U.S., Israeli attacks on Iran
Airlines canceled more than 1,800 flights in and out of Middle East countries on Saturday, according to aviation data firm Cirium.
How the attack on Iran could impact the global oil market and economy
The U.S.-Israeli attack raises the risk of major oil supply disruption. Iran is the fourth-largest OPEC producer and sits on the critical Strait of Hormuz.
Xiaomi launches flagship smartphone as memory price surge threatens sales
The Xiaomi 17 starts at 999 euros ($1,179) while the Xiaomi 17 Ultra starts at 1,499 euros, with the device priced the same as its predecessor.
Berkshire Hathaway operating earnings fell nearly 30% in Warren Buffett’s final quarter as CEO
Berkshire Hathaway reported fourth-quarter and full-year 2025 earnings on Saturday.
Explosions heard across the Middle East as Iran retaliates against U.S. attacks; flights disrupted
CNBC’s team in the United Arab Emirates confirmed hearing a number of loud explosions in both the UAE’s capital city of Abu Dhabi and Dubai.
‘Bigger ramifications than Venezuela’: Markets brace for impact after U.S. strikes Iran
Investors are bracing for impact after the U.S.’s attacks on Iran, a move they see as carrying far larger market consequences than the Venezuela campaign.
