CNBC’s UK Exchange newsletter: Trump’s $10 billion lawsuit is just one problem facing the BBC’s new boss
Former Google executive Matt Brittin’s appointment comes as the BBC prepares to battle a $10 billion defamation claim from U.S. President Donald Trump.
Indigo shares jump 8% after India’s largest airline names industry veteran William Walsh as CEO
Walsh, 64, is currently the director general of the International Air Transport Association and will join the Indian airline in early August.
IndiGo shares jump 9% after India’s largest airline names industry veteran William Walsh as CEO
Walsh, 64, is currently the director general of the International Air Transport Association and will join the Indian airline in early August.
SpaceX lines up 21 banks for mega IPO, code-named project Apex
SpaceX is working with at least 21 banks on its initial public offering, in one of the largest underwriting syndicates assembled in recent years.
Oil prices fall to around $100 after Trump indicates war could end in weeks
Crude prices fell Wednesday as President Donald Trump signaled a willingness to exit the Iran war even as the Strait of Hormuz remains largely closed.
CNBC Daily Open: Markets rally as Trump signals Iran war could end soon
The impacts from the Iran war continue to way on global supply chains as economists raise their expectations for a potential recession in the U.S.
South Korea’s Kospi leads rebound in Asia markets as Trump says Iran war could end in weeks
On Tuesday stateside, Trump said the U.S. could leave Iran in “two or three weeks,” adding “We leave because there’s no reason for us to do this.”
Crypto asset manager CoinShares to begin trading on Nasdaq through SPAC merger
CoinShares is merging with Vine Hill Capital to form the holding company CoinShares PLC in a deal valuing the business at about $1.2 billion.
How Ireland became dependent on big pharma — and the risks ahead
In just 50 years, Ireland has become the world’s third largest exporter of pharmaceuticals, with medicines now making up about 20% of Ireland’s GDP. So how did Ireland become so tied to the pharma industry — and is that reliance at risk amid tariffs, p…
Microsoft closes worst quarter on Wall Street since 2008 on AI concerns: ‘Redmond is in a pickle’
With Microsoft losing almost a quarter of its value this year, investors have reset the company’s earnings multiple to the lowest since late 2022.
