European markets need to get their act together, CEO of Norway’s $2 trillion wealth fund says. ‘The winner takes it all’
Nicolai Tangen, CEO of Norges Bank Investment Management, warned Europe is facing a crisis and that “it is time to act.”
Eli Lilly catches a downgrade as HSBC warns of an overhyped obesity drug market
HSBC signals a potential cooling period for the red-hot obesity drug trade.
Alibaba launches agentic AI tool for businesses with Slack, Teams integration plans
Alibaba unveiled a new enterprise artificial intelligence tool on Tuesday amid a series of other developments in the company’s AI space.
Iran targets UAE energy infrastructure as gas field set ablaze, tanker struck near Strait of Hormuz
Oil prices advanced on Tuesday as energy market participants monitored Middle East supply disruptions.
Private credit’s ‘off-ramp’ emerges as investors look to cash out and default fears grow
A “robust and growing” private credit secondaries market could serve as a pressure valve for the industry’s current liquidity squeeze.
Treasury yields edge lower as investors weigh rising oil price, Iran attacks and looming Fed decision
Treasury yields edged lower as investors weighed mounting tensions in the Middle East and rising oil prices ahead of the Federal Reserve’s policy decision.
CNBC Daily Open: Risk-off trade back on for oil
Oil prices push higher as markets seem unconvinced of Trump’s plan to reopen the Strait of Hormuz.
The U.S. dollar is back on top – for now
The U.S. dollar has enjoyed something of a reprieve in recent weeks, regaining its place as a safe haven in times of turmoil. Will it last?
European markets struggle for direction as oil prices fluctuate
European stocks are expected to open broadly flat on Tuesday as global markets keep a close eye on volatile oil prices.
‘Significant, but not catastrophic’: A fall in Chinese visitors barely dents tourism numbers to Japan
Experts stress that Japan’s tourism portfolio is now more diversified and resilient, with Western markets also contributing strongly.
