Deutsche Bank criticized by German regulator for financial reporting error
Deutsche Bank incorrectly disclosed deferred tax assets in its 2019 financial statement, German regulator BaFin said Tuesday.
Hugo Boss shares plunge 9% as firm cuts 2024 guidance amid slumping China demand
Shares of Hugo Boss fell as much as 10% in morning trade Tuesday after the company cut its sales outlook.
Ocado upgrades technology arm, sending shares soaring
Britain’s Ocado lifted its annual guidance on Tuesday, citing an improvement in the profitability of its warehouse technology business.
CNBC Daily Open: Trump attends RNC, Dow record close, bitcoin ‘digital gold
The Dow Jones Industrial Average closed at an all-time high after former President Donald Trump survived an assassination attempt.
European markets lower as investors digest Powell’s comments on cutting rates; Ocado up 10%
European stocks were lower Tuesday as investors assess the economic and political outlook in the region and beyond.
The next front in U.S.-China tech battle? Underwater cables that power the global internet
With tech tensions between the U.S. and China rising, vast networks of underwater cables are becoming a new source of strain in international relations.
Money launderers are increasingly turning to crypto to conceal flow of funds, Chainalysis says
The report said these criminals are using crypto because crypto is “cross-border, virtually instant, and generally inexpensive to transact.”
Temasek aims to invest up to $10 billion in India as China weighs
Temasek plans to invest up to $10 billion in India over three years in sectors such as financial services and healthcare as it turns cautious on China.
CNBC Daily Open: Trump picks VP, Dow record close, bitcoin ‘digital gold’
The Dow Jones Industrial Average closed at an all-time high after former President Donald Trump survived an assassination attempt.
Protests will ‘absolutely’ spread if European cities don’t address overtourism, says UNESCO official
Protests in Spain will spread if officials fail to rebalance the interests of locals and travelers, UNESCO’s Peter Debrine told CNBC’s “Squawk Box Asia.”
