Midnight social media curfew and limits to infinite scrolling proposed for older UK teens
The U.K. government has proposed new measures to protect older teens on social media, including a midnight curfew and a limit to infinite scrolling.
Treasury yields fall as traders react to encouraging inflation data
Treasury yields fell on Wednesday as traders weighed another tamer-than-expected inflation report.
Inside India newsletter: Modi is exporting India’s workforce to a world turning against immigration
With its vast working-age population, India is signing labor mobility deals with several of its trading partners even as sentiment turns against immigration.
CNBC Daily Open: A chip off the AI block
With the chip sector at the center of market volatility, ASML raises guidance, IBM massively disappoints and SK Hynix regains some confidence.
ASML shares fall after hiking sales forecast for second time this year on strong AI chip demand
ASML on Wednesday raised its guidance for a second time this year as its customers continue to ramp up their production capacity of AI chips.
The British finance minister choice that’s worrying big business
There are reports that Burnham had been persuaded not to appoint early frontrunner Ed Miliband, instead opting for Shabana Mahmood.
Why Europe is suddenly betting big on drones
Drones and autonomous systems are moving from niche battlefield tools to a core part of modern warfare.
Stripe, Advent make $53 billion takeover offer for PayPal, sending stock soaring
Stripe and Advent International have made a joint offer to acquire PayPal for $60.50 per share, in a deal that would valued at more than $53 billion.
Oil rises after another round of U.S. strikes against Iran, naval blockade of the country’s ports
Oil prices rose Wednesday after U.S. forces struck Tehran and Washington reinstated its naval blockade of Iranian ports near the Strait of Hormuz.
China posts slowest quarterly growth since 2022 as investment slumps, fanning stimulus calls
That second-quarter growth came below Beijing’s full-year growth target range of 4.5% to 5%, the least ambitious goal in decades.
