Inflation hits 3.2% in the euro zone as Iran war pushes energy costs higher
Energy costs in the region surged by an annual rate of 10.9% in May.
Oil prices rise as Iran reviews US deal to halt war
Oil prices trended lower on Tuesday following the previous session’s sharp gains as the market remained cautious about progress in U.S.-Iran peace talks.
Biotech takeover target Abivax sinks over 43% as cancer cases cloud trial data for bowel disease drug
A clinical trial update wiped out billions in the French company’s market cap and raised questions over a potential takeover.
CNBC Daily Open: Trading the signals vs the noise
Anthropic files for its IPO and OpenAI’s Sam Altman discusses going public with CNBC, while Iran uncertainty continues to move oil markets.
European stocks rebound as investors await key inflation data; Abivax shares tumble
Investors are awaiting data that will shed further light on the economic impact of the U.S.-Iran war.
Amazon’s four-day Prime Day event starts June 23, as shoppers battle inflation
Amazon’s four-day shopping fest comes after U.S. consumer sentiment dropped in May to a record low.
Blackstone closes its largest Asia private equity fund at over $13 billion
Blackstone raised $13.1 billion for its latest Asia private equity vehicle, marking the largest private equity fundraise the firm has done in the region.
NBA star Stephen Curry partners with Chinese sportswear giant Li-Ning
Stephen Curry has entered into a partnership with Li-Ning, which would involve product development as well as sports culture initiatives.
CNBC Daily Open: Iran deal hopes dim, while AI dazzles investors
Normally, a spike in oil prices rattle investors, but news in the tech space seems to have, well, trumped these worries.
