‘Draconian development’ in Meta-Manus deal draws the line in China’s AI race with the U.S.
Beijing’s decision to block Meta’s acquisition of Manus is a warning to other startups thinking of relocating data, talent and intellectual property abroad.
U.S. is being ‘humiliated’ by Iran, says German Chancellor Merz
German Chancellor Friedrich Merz says the U.S. is being ‘humiliated’ by Iran’s leadership, questioning Washington’s exit strategy. CNBC’s Steve Sedgwick breaks down the German leader’s comments.
Novartis CEO warns reality of Trump’s drug pricing policy will set in over ‘the next 18 months’
Novartis’ CEO warned Tuesday that U.S. drug pricing policy under President Donald Trump poses a “very difficult situation.”
CNBC Daily Open: Hawkish hold from BOJ sets central bank stage
Geopolitics takes a back seat for now, as the Bank of Japan kicks off the week’s central bank action and earnings season ramps up.
European stocks close lower as Trump considers Iran peace proposal, UAE leaves OPEC
European shares closed lower on Tuesday as investors assessed the latest developments in the Iran war and a flurry of corporate earnings reports.
How Lloyd Blankfein stopped trying to fit in — and learned to lead as himself
At the start of his career, Lloyd Blankfein made a decision that would define the way he led — stop trying to fit in. In this episode of Executive Decisions, the former Goldman Sachs CEO reflects on growing up in public housing in Brooklyn, arriving at…
Bank of Japan keeps policy rate steady while raising inflation forecast on Iran war worries
The decision to keep rates steady came in a split 6-3 vote, and was in line with Reuters-polled analysts’ estimates.
CATL declines nearly 7% as the Chinese battery maker unveils $5 billion share placement
Shares of Contemporary Amperex Technology (CATL) declined nearly 7% after the EV battery giant unveiled plans for a roughly $5 billion equity placement in Hong Kong.
BYD draws EU scrutiny over labor abuse allegations at Hungary factory
BYD has come under scrutiny from European lawmakers after a watchdog report alleged harsh working conditions at its Hungary plant.
CNBC Daily Open: Investors look past warning signs to send stock markets soaring
From stagflation warnings and stalled Iran talks to rising oil prices, red lights are everywhere.
