Europe wants to rebalance trade with Beijing, but can’t quit Chinese air conditioners
A historic heat wave has driven unprecedented demand for Chinese-made air conditioners in Europe, underscoring the tough task Brussels faces in rebalancing trade with Beijing.
Oil prices little changed after Qatar says U.S. and Iran made progress during talks
Oil prices fell more than 1% on Wednesday after talks between Washington and Tehran concluded.
CNBC Daily Open: Trump’s ‘best’ trade deal gets another look
The U.S. has not renewed the United States-Mexico-Canada Agreement, an agreement that President Donald Trump once called “the best agreement we’ve ever made.
Samsung Electronics, SK Hynix shares tumble over 9% as chip rout spreads from Wall Street
Shares of Samsung Electronics and SK Hynix plummeted more than 7% in early Thursday trading.
Alibaba-affiliate Ant Group rushes into humanoid robots with a dozen deals in 18 months
Ant has led a 500 million yuan ($73.59 million) funding round in humanoid robotics company Zeroth, the start-up announced Thursday.
Inside India newsletter: Amazon, Walmart-owned Flipkart get ready to shake upIndia’s delivery-in-minutes sector
Amazon and Walmart-owned Flipkart are scrambling to expand quick commerce operations in India, not just to chase growth but to remain relevant to consumers.
Why Japanese airlines’ $400 fuel surcharges are hitting now — and when they will end
Fuel surcharges at Japan Airlines and All Nippon Airways increased Wednesday, despite falling jet fuel costs in Asia.
Warsh faces multiple alternative inflation signs as Fed charts new course
Warsh has said that inflation is a “choice.” The same could also be true of how inflation is measured.
Meta pops 9% as company makes cloud push to sell excess AI compute power capacity
The new business is a welcome signal for some investors who have been uneasy about the company’s infrastructure spending plans.
Fed Chief Kevin Warsh declines to hint at July rate decision, but says inflation ‘too high’
The Fed chairman joined a panel of other central bank leaders Wednesday at the ECB Forum on Central Banking in Sintra, Portugal.
