Samsung SDS shares jump 20% on KKR partnership and $820 million bond purchase
KKR & Co has agreed to acquire $820 million of newly issued convertible bonds from Samsung SDS, in a deal that creates a new strategic partnership.
Trump’s Hormuz blockade puts China, India in crosshairs as U.S. pressure on Iran spills over
The U.S. blockade of the Strait of Hormuz risks ratcheting up pressure on two of its most consequential relationships in Asia — India and China.
U.S. says Hormuz blockade ‘fully implemented,’ while signaling diplomatic off-ramp for Iran
The White House has been signaling a diplomatic solution to the conflict in the Middle East, as discussions around continuing negotiations with Tehran are underway.
CNBC Daily Open: S&P 500 nears all-time high
Markets are rising on Iran-U.S. talks, but there remains massive disagreements over the Strait of Hormuz.
Oil prices stable as possible Washington-Tehran talks raise hopes for Mideast peace deal
Oil prices were stable as optimism grew that Iran may restart negotiations with the U.S. and Israel, easing tensions over the conflict that has disrupted the Strait of Hormuz.
Asia markets trade higher as hopes for a U.S.-Iran deal rise
Asia-Pacific markets track overnight gains in U.S. stocks on lower oil prices and hopes of a Iran-U.S. deal
Central banks were buying gold at record levels. Here’s why they’re selling now
After years of accumulation, some central banks are now selling bullion as war-driven pressures force a scramble for cash.
Central banks were buying gold at record levels. Here’s why they’re selling now
After years of accumulation, some central banks are now selling bullion as war-driven pressures force a scramble for cash.
Meta commits to 1 gigawatt of custom chips with Broadcom as Hock Tan decides to leave board
Meta commits to deploying 1 GW of custom in-house MTIA chips codesigned with Broadcom in sweeping new multiyear deal announced Tuesday
Crypto exchange Kraken confirms it has confidentially filed for an IPO
Kraken co-CEO Arjun Sethi said the crypto exchange has confidentially filed for a U.S. initial public offering, confirming CNBC’s previous reporting.
