CNBC Daily Open: Who controls the Strait of Hormuz?
The Strait of Hormuz is back in the spotlight after Iran sank a Singapore-registered ship in the area.
Ukraine to resume strikes on Russian refineries, shattering hopes of an ‘energy ceasefire’
Ukraine will now resume attacks on Russian energy targets after Moscow hasn’t held up its end of the proposed deal brokered by Trump.
UK economy grew 0.1% in August, beating expectations
The U.K. is grappling with a cost-of-living crisis sparked by sticky inflation and surging energy costs.
India’s IDBI Bank falls 7% as government announces $5.5 billion stake sale to Canada’s Fairfax
The Indian government has been divesting its stake in several state-owned companies this year as it tries to keep its growth engine running amid deepening fiscal pressures.
From ‘Dune’ to ‘Wicker,’ how this ‘tiny’ European country became a hub for Hollywood
Hungary, a small country in central Europe, has played a major part in the movie business since the late 19th century.
TSMC posts record profit for a sixth straight quarter, beating estimates on AI boom
TSMC reported its third-quarter earnings on Thursday.
Elon Musk says Trump is ‘ultimately’ responsible for any curbs on Ukraine’s Starshield systems
“Any limits on speed or usage are decided by the US military and ultimately POTUS,” Musk wrote.
U.S. crude oil near $98 as Iran steps up attacks in Strait of Hormuz
Oil fell Thursday, as traders assessed attacks on ships passing through Hormuz, while digesting the International Energy Agency’s latest monthly report.
Anthropic’s third-quarter revenue is said to hit $16.8 billion ahead of IPO
Anthropic reports third-quarter stands at $16.8 billion ahead of its IPO.
Meta- and Google-backed Jio Platforms to raise up to $3.2 billion in historic IPO in India
Jio’s share sale will be India’s largest ever in rupee terms, and second largest in dollar terms, trailing the Hyundai Motors IPO that raised $3.3 billion in 2024.
