Blackstone to invest $5 billion in AI infrastructure venture with Google, powered by TPU chips
Blackstone is partnering with Google to launch a U.S.-based AI infrastructure company powered by Google’s TPU chips.
30-year Treasury yield tops 5.19%, highest since before the financial crisis
Global bond markets remained on edge as traders monitored central bank responses to renewed inflation fears.
CNBC Daily Open: ‘Strategic triangle’ put to the test
Russian President Vladimir Putin visits Beijing, hoping to secure ties with China and clinch crucial energy deals.
European markets: UK unemployment rises; Germany kicks off Uniper privatization
European stocks are expected to open in mixed territory on Tuesday as traders assess the geopolitical landscape.
The Iran war is exposing weak spots in the AI supply chain
Stocks continue to rally amid the AI boom, but the chip sector is scrambling to shore up access to key materials as costs rise.
Standard Chartered to cut over 15% of corporate functions roles as it targets higher returns
Standard Chartered will trim corporate functions roles and target a more than 20% increase in income per employee by 2028 as it seeks stronger returns.
After U.S. SEC, Treasury and Justice Department offer billionaire Gautam Adani legal relief
The U.S. Treasury Department settled a case against Adani Enterprises, involving the purchase of sanctioned Iranian energy between November 2023 and June 2025.
CNBC Daily Open: Bonds sell-off, markets dip, oil worries loom — and Trump postpones Iran attack
Asia markets were mixed ahead of the highly anticipated Trump-Xi talks.
Putin heads to Beijing days after Trump in test of China’s balancing act
Beijing walks into the summit with the stronger hand while Moscow seeks reassurance that China has not drifted toward Washington after Trump’s visit.
Oil prices edge lower as Trump postpones Iran strike, easing supply disruption fears
Oil prices fell after U.S. President Donald Trump said he would postpone a planned military strike on Iran following requests from key Middle Eastern leaders.
