Andy Burnham becomes UK Labour leader. Next stop — prime minister
Andy Burnham was elected leader of Britain’s governing Labour Party on Friday, the final step before becoming its seventh prime minister in a decade.
Goldman says Europe’s data center electricity demand boom could light up these stocks
Several of Goldman’s picks are tied to hopes for a revival in wind energy.
SpaceX stock has cratered nearly 23% since the company joined the Nasdaq-100
SpaceX’s stock plunged further on Friday, a day after it aborted a test flight for its Starship rocket at the last second.
Chinese AI has leveled up, and brought renewed focus on the open weight model shift
It’s the latest AI model from China to close the performance gap with leading U.S. AI labs.
Iran says civilian infrastructure hit by latest U.S. strikes, expands attacks to Syria, Bahrain
The escalating standoff comes as the fragile truce signed by the U.S. and Iran last month showed further signs of unravelling
Fighter jet maker Saab smashes expectations as CEO urges procurement rethink
European governments ramp up defense spending and book orders with the region’s companies.
CNBC Daily Open: Trump lashes out at electoral system and China in fiery speech
President Trump is doubling down on his 2020 election rigging claims, alleged Chinese interference, and on access to information via a new API product.
Xi pitches China as AI partner to developing world, warns against risks and security overreach
China will provide developing countries with 5,000 opportunities in AI training and seminar programs, as well as develop AI cooperation with various blocs.
World’s largest olive oil company says market has ‘definitively’ entered new phase
The update comes as analysts raise concerns about the prospect of global olive oil supplies swinging dramatically from one season to the next.
India’s biggest IPO this year rakes in bids worth $31 billion, powered by institutional frenzy
The IPO of India’s largest asset manager closed on Thursday, drawing keen interest from institutional investors.
