Deliveroo shares jump 10% after posting first-ever profit on ‘inflection’ in consumer demand
Deliveroo made a net profit of £1.3 million ($1.7 million) in the six months through June, bouncing from a loss last year.
As disinformation spreads during UK riots, regulators are currently powerless to take action
Online disinformation has led to real-world violence in the U.K., but a key regulator finds itself unable to take effective enforcement actions.
A powerful earthquake hits off southern Japan; a tsunami advisory issued
A powerful earthquake struck off Japan’s southern coast on Thursday, triggering a tsunami advisory.
Siemens earnings beat estimates on strong demand for electrification, software
German industrial technology giant Siemens on Thursday posted better-than-expected quarterly operating profit and confirmed its full-year outlook.
3,000 evacuated, state of emergency declared after Ukraine’s raid into Russia
A state of emergency has been declared in Kursk following a Ukrainian incursion into the Russian border region.
CNBC Daily Open: Wall Street rebound fizzles out
Wall Street’s comeback attempt fizzles out. JPMorgan’s Dimon sees recession ahead. Warner Bros. sinks on $9.1 billion write-down.
Italy looks like fertile ground for a mega merger deal in banking
Years after a debt crisis in the region and a government rescue for Banca Monte dei Paschi, analysts are looking at Italy’s banking sector with fresh eyes.
S&P 500 notches its best day since 2022 as Wall Street claws its way back from Monday’s rout: Live updates
Stocks climbed Thursday after new labor market data boosted investors’ confidence in the U.S. economy following a sharp market sell-off earlier in the week.
Banks face tough new security standards in the EU — their tech suppliers are under scrutiny, too
By January 2025, banks and their tech suppliers will have to comply with a new EU law known as DORA. It could help prevent major IT disruptions in future.
Apple could charge up to $20 for some Apple Intelligence AI features, analysts say
Apple plans to rollout Apple Intelligence, its forthcoming AI system, across some of its devices later this year.
